HSIC (Henry Schein) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


HSIC Henry Schein Inc HSIC
80 GF Score
Price $85.06
GF Value $83.62
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Henry Schein Piotroski F-Score?

Henry Schein HSIC +1.47% 80 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HSIC with a GF Score™ of 80/100 and a GF Value™ of $83.62 (Fairly Valued). The stock has 8 warning signs investors should review. Among 114 Medical Distribution companies, Henry Schein ranks better than 52.63% 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

Henry Schein has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

HSIC' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Henry Schein was 8. The lowest was 4. And the median was 6.

Henry Schein  (NAS:HSIC) 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.


Henry Schein Piotroski F-Score Related Terms


Henry Schein Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Henry Schein'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.

Henry Schein Piotroski F-Score Chart

Henry Schein 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 8.00 6.00 5.00 6.00 6.00

Henry Schein 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 6.00 4.00 5.00 6.00 5.00

HSIC vs AHG, ACH, EDAP: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Henry Schein's Piotroski F-Score falls into.


HSIC
80GF Score
Henry Schein Inc HSIC
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 86 + 101 + 101 + 107 = $395 Mil.
Cash Flow from Operations was 120 + 174 + 381 + -97 = $578 Mil.
Revenue was 3240 + 3339 + 3437 + 3368 = $13,384 Mil.
Gross Profit was 1016 + 1026 + 1063 + 1070 = $4,175 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(10480 + 10906 + 11097 + 11215 + 11304) / 5 = $11000.4 Mil.
Total Assets at the begining of this year (Mar25) was $10,480 Mil.
Long-Term Debt & Capital Lease Obligation was $2,590 Mil.
Total Current Assets was $4,496 Mil.
Total Current Liabilities was $3,297 Mil.
Net Income was 104 + 99 + 94 + 110 = $407 Mil.

Revenue was 3136 + 3174 + 3191 + 3168 = $12,669 Mil.
Gross Profit was 1018 + 993 + 993 + 1000 = $4,004 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(10145 + 10251 + 10605 + 10218 + 10480) / 5 = $10339.8 Mil.
Total Assets at the begining of last year (Mar24) was $10,145 Mil.
Long-Term Debt & Capital Lease Obligation was $2,224 Mil.
Total Current Assets was $4,037 Mil.
Total Current Liabilities was $2,917 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.

Henry Schein's current Net Income (TTM) was 395. ==> 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.

Henry Schein's current Cash Flow from Operations (TTM) was 578. ==> 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)
=395/10480
=0.03769084

ROA (Last Year)=Net Income/Total Assets (Mar24)
=407/10145
=0.04011828

Henry Schein's return on assets of this year was 0.03769084. Henry Schein's return on assets of last year was 0.04011828. ==> Last year is higher ==> Score 0.

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.

Henry Schein's current Net Income (TTM) was 395. Henry Schein's current Cash Flow from Operations (TTM) was 578. ==> 578 > 395 ==> CFROA > ROA ==> Score 1.

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
=2590/11000.4
=0.23544598

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2224/10339.8
=0.2150912

Henry Schein's gearing of this year was 0.23544598. Henry Schein's gearing of last year was 0.2150912. ==> Last year is lower than this year ==> Score 0.

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
=4496/3297
=1.36366394

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4037/2917
=1.38395612

Henry Schein's current ratio of this year was 1.36366394. Henry Schein's current ratio of last year was 1.38395612. ==> 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.

Henry Schein's number of shares in issue this year was 116.061. Henry Schein's number of shares in issue last year was 124.848. ==> 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
=4175/13384
=0.31193963

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4004/12669
=0.31604704

Henry Schein's gross margin of this year was 0.31193963. Henry Schein's gross margin of last year was 0.31604704. ==> Last year's gross margin is higher ==> Score 0.

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)
=13384/10480
=1.27709924

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=12669/10145
=1.24879251

Henry Schein's asset turnover of this year was 1.27709924. Henry Schein's asset turnover of last year was 1.24879251. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

Henry Schein has an F-score of 5 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 5 mean?
Henry Schein (HSIC) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Henry Schein and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Henry Schein's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Henry Schein ranks #54 out of 114 companies in the Medical Distribution industry, placing it in the top 47.4%.
Is Henry Schein's Piotroski F-Score too high?
Henry Schein's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Henry Schein's value of 5 is 0% at this industry median. Based on the distribution chart, Henry Schein ranks #54 out of 114 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Henry Schein has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henry Schein's Piotroski F-Score compare to AHG and ACH?
According to the Medical Distribution industry distribution chart, Henry Schein ranks #54 out of 114 companies for Piotroski F-Score. This puts Henry Schein in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Henry Schein's value of 5 is 0% at this benchmark. Historically, Henry Schein's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Henry Schein has consistently been at 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 a Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 114 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. Henry Schein's current Piotroski F-Score of 5 is 0% at 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 Henry Schein and its competitors. For the Medical Distribution 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. Henry Schein's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henry Schein stock overvalued right now?
Based on GuruFocus' analysis, Henry Schein (HSIC) is currently considered Fairly Valued. The stock's GF Value™ is $83.62, compared to a current price of $85.06 — trading 1.7% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Medical Distribution industry median of 5.00. Henry Schein's overall GF Score™ is 80/100 with 8 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 Henry Schein (HSIC), the current Piotroski F-Score is 5 as of Jun. 27, 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 Henry Schein (HSIC) Overvalued in 2026?

Based on GuruFocus' analysis, Henry Schein stock appears to be overvalued. The current stock price of $85.06 is trading 1.7% above its estimated GF Value™ of $83.62. GuruFocus considers Henry Schein to be Fairly Valued.

Key valuation signals for HSIC:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $83.62 vs. price of $85.06 (1.7% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 0% at the Medical Distribution median (#54 of 114)

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


Henry Schein Business Description

Address 135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals. It offers healthcare equipment, products, and services to office-based dental and medical practitioners, as well as alternative sites of care. The company's reportable segments are: Global Distribution and Value-Added Services, Global Specialty Products, and Global Technology. It generates maximum revenue from the Global Distribution and Value-Added Services segment, which includes distribution to the dental and medical markets of national brand and corporate brand merchandise, as well as equipment and related technical services. This segment also includes value-added services such as financial services, continuing education services, consulting, and other practice services.
80GF Score

Get the complete analysis for HSIC

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

$85.06
Price
$83.62
GF Value