Global Knafaim Leasing (XTAE:GKL) Piotroski F-Score: 6 (As of Aug. 20, 2026) — 20% Above Median

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XTAE:GKL Global Knafaim Leasing Ltd XTAE:GKL
48 GF Score
Price ₪0.91
GF Value ₪0.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Global Knafaim Leasing Piotroski F-Score?

Global Knafaim Leasing XTAE:GKL -1.62% 48 Piotroski F-Score is 6 as of Aug. 20, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XTAE:GKL with a GF Score™ of 48/100 and a GF Value™ of ₪0.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 324 Aerospace & Defense companies, Global Knafaim Leasing ranks better than 71.6% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Global Knafaim Leasing has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Global Knafaim Leasing's Piotroski F-Score or its related term are showing as below:

XTAE:GKL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 6

During the past 11 years, the highest Piotroski F-Score of Global Knafaim Leasing was 7. The lowest was 3. And the median was 5.

Global Knafaim Leasing  (XTAE:GKL) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Global Knafaim Leasing Piotroski F-Score Related Terms


Global Knafaim Leasing Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Global Knafaim Leasing's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Global Knafaim Leasing Piotroski F-Score Chart

Global Knafaim Leasing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 4.00 7.00 6.00

Global Knafaim Leasing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 6.00 6.00

XTAE:GKL vs SPCX, GE, RTX: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Global Knafaim Leasing's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Knafaim Leasing Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Global Knafaim Leasing's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Global Knafaim Leasing's Piotroski F-Score falls into.


XTAE:GKL
48GF Score
Global Knafaim Leasing Ltd XTAE:GKL
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 10.029 + 1.607 + 2.228 + 2.861 = ₪16.73 Mil.
Cash Flow from Operations was 0.914 + 4.796 + 3.339 + 5.471 = ₪14.52 Mil.
Revenue was 6.116 + 5.188 + 5.433 + 6.385 = ₪23.12 Mil.
Gross Profit was 4.82 + 3.647 + 3.891 + 5.032 = ₪17.39 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(364.299 + 325.591 + 326.708 + 325.283 + 386.713) / 5 = ₪345.7188 Mil.
Total Assets at the begining of this year (Mar25) was ₪364.30 Mil.
Long-Term Debt & Capital Lease Obligation was ₪108.19 Mil.
Total Current Assets was ₪87.54 Mil.
Total Current Liabilities was ₪53.48 Mil.
Net Income was 1.864 + 9.724 + 0.463 + 1.057 = ₪13.11 Mil.

Revenue was 7.547 + 7.544 + 7.547 + 7.547 = ₪30.19 Mil.
Gross Profit was 4.626 + 4.626 + 4.608 + 5.504 = ₪19.36 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(435.8 + 366.784 + 373.292 + 367.247 + 364.299) / 5 = ₪381.4844 Mil.
Total Assets at the begining of last year (Mar24) was ₪435.80 Mil.
Long-Term Debt & Capital Lease Obligation was ₪163.87 Mil.
Total Current Assets was ₪120.24 Mil.
Total Current Liabilities was ₪23.99 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Global Knafaim Leasing's current Net Income (TTM) was 16.73. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Global Knafaim Leasing's current Cash Flow from Operations (TTM) was 14.52. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=16.725/364.299
=0.04591009

ROA (Last Year)=Net Income/Total Assets (Mar24)
=13.108/435.8
=0.03007802

Global Knafaim Leasing's return on assets of this year was 0.04591009. Global Knafaim Leasing's return on assets of last year was 0.03007802. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Global Knafaim Leasing's current Net Income (TTM) was 16.73. Global Knafaim Leasing's current Cash Flow from Operations (TTM) was 14.52. ==> 14.52 <= 16.73 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=108.188/345.7188
=0.31293641

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=163.866/381.4844
=0.42954836

Global Knafaim Leasing's gearing of this year was 0.31293641. Global Knafaim Leasing's gearing of last year was 0.42954836. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=87.539/53.48
=1.6368549

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=120.238/23.988
=5.01242288

Global Knafaim Leasing's current ratio of this year was 1.6368549. Global Knafaim Leasing's current ratio of last year was 5.01242288. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Global Knafaim Leasing's number of shares in issue this year was 162.06. Global Knafaim Leasing's number of shares in issue last year was 162.06. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=17.39/23.122
=0.75209757

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=19.364/30.185
=0.64151068

Global Knafaim Leasing's gross margin of this year was 0.75209757. Global Knafaim Leasing's gross margin of last year was 0.64151068. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=23.122/364.299
=0.06346984

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=30.185/435.8
=0.06926342

Global Knafaim Leasing's asset turnover of this year was 0.06346984. Global Knafaim Leasing's asset turnover of last year was 0.06926342. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Global Knafaim Leasing has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Global Knafaim Leasing (XTAE:GKL) has a Piotroski F-Score of 6 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Knafaim Leasing and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Global Knafaim Leasing's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Global Knafaim Leasing ranks #92 out of 324 companies in the Aerospace & Defense industry, placing it in the top 28.4%.
Is Global Knafaim Leasing's Piotroski F-Score too high?
Global Knafaim Leasing's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Global Knafaim Leasing's value of 6 is 20% above this industry median. Based on the distribution chart, Global Knafaim Leasing ranks #92 out of 324 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Global Knafaim Leasing has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Knafaim Leasing's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Global Knafaim Leasing ranks #92 out of 324 companies for Piotroski F-Score. This puts Global Knafaim Leasing in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Global Knafaim Leasing's value of 6 is 20% above this benchmark. Historically, Global Knafaim Leasing's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Global Knafaim Leasing has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Knafaim Leasing's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Knafaim Leasing and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Knafaim Leasing's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Knafaim Leasing stock overvalued right now?
Based on GuruFocus' analysis, Global Knafaim Leasing (XTAE:GKL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪0.51, compared to a current price of ₪0.91 — trading 78.4% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Aerospace & Defense industry median of 5.00. Global Knafaim Leasing's overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Global Knafaim Leasing (XTAE:GKL), the current Piotroski F-Score is 6 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Knafaim Leasing (XTAE:GKL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Knafaim Leasing stock appears to be overvalued. The current stock price of ₪0.91 is trading 78.4% above its estimated GF Value™ of ₪0.51. GuruFocus considers Global Knafaim Leasing to be Significantly Overvalued.

Key valuation signals for XTAE:GKL:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ₪0.51 vs. price of ₪0.91 (78.4% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 20% above the Aerospace & Defense median (#92 of 324)

No single metric tells the full story. See the XTAE:GKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Knafaim Leasing Business Description

Address 12 Aba Hillel Road, Ayalon House, Ramat Gan, ISR, 5250606
Global Knafaim Leasing Ltd is engaged in purchase, leasing and sales of passenger and cargo aircraft.
48GF Score

Get the complete analysis for XTAE:GKL

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪0.91
Price
₪0.51
GF Value