Korn Ferry — Earnings Quality Grade C
KFY · Industrials
Some red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 75 days, change +4 days YoY
AR growth 4.5% vs revenue growth -1.2%
Revenue -1.2%, CFFO 28.3%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 13.3% vs revenue -1.2%. Normal
SG&A/Gross Profit = 82.5%, exceeds 70%
Gross margin 88.6%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.48. Profits backed by cash
FCF $0.3B, FCF/NI = 1.23
Accruals ratio = -3.1%. Low accruals
Cash $1.0B covers debt $0.6B
Balance Sheet Health
Goodwill+Intangibles $1.0B = 55% of equity. Over 50%
Debt/EBITDA = 1.3x. Healthy
Other assets 16.9% vs revenue -1.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.57 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25