ALFDF (Astral Foods) Piotroski F-Score: 8 (As of Jun. 30, 2026) — 33% Above Median


ALFDF Astral Foods Ltd ALFDF
84 GF Score
Price $7.39
GF Value $6.44
! 1 Warning Sign
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What is Astral Foods Piotroski F-Score?

Astral Foods ALFDF 84 Piotroski F-Score is 8 as of Jun. 30, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates ALFDF with a GF Score™ of 84/100 and a GF Value™ of $6.44. The stock has 1 warning sign investors should review. Among 1,909 Consumer Packaged Goods companies, Astral Foods ranks better than 97.64% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Astral Foods has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

ALFDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Astral Foods was 9. The lowest was 2. And the median was 6.

Astral Foods  (OTCPK:ALFDF) 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.


Astral Foods Piotroski F-Score Related Terms


Astral Foods Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Astral Foods'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.

Astral Foods Piotroski F-Score Chart

Astral Foods Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 9.00 2.00 8.00 8.00

Astral Foods Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 8.00 0.00 8.00 0.00

ALFDF vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Astral Foods'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.


Astral Foods Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's Piotroski F-Score distribution charts can be found below:

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


ALFDF
84GF Score
Astral Foods Ltd ALFDF
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was $50 Mil.
Cash Flow from Operations was $96 Mil.
Revenue was $1,298 Mil.
Gross Profit was $227 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (517.072 + 535.192) / 2 = $526.132 Mil.
Total Assets at the begining of this year (Sep24) was $517 Mil.
Long-Term Debt & Capital Lease Obligation was $12 Mil.
Total Current Assets was $324 Mil.
Total Current Liabilities was $155 Mil.
Net Income was $43 Mil.

Revenue was $1,164 Mil.
Gross Profit was $198 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (480.379 + 517.072) / 2 = $498.7255 Mil.
Total Assets at the begining of last year (Sep23) was $480 Mil.
Long-Term Debt & Capital Lease Obligation was $7 Mil.
Total Current Assets was $320 Mil.
Total Current Liabilities was $193 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.

Astral Foods's current Net Income (TTM) was 50. ==> 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.

Astral Foods's current Cash Flow from Operations (TTM) was 96. ==> 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 (Sep24)
=50.294/517.072
=0.09726692

ROA (Last Year)=Net Income/Total Assets (Sep23)
=42.791/480.379
=0.08907758

Astral Foods's return on assets of this year was 0.09726692. Astral Foods's return on assets of last year was 0.08907758. ==> 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.

Astral Foods's current Net Income (TTM) was 50. Astral Foods's current Cash Flow from Operations (TTM) was 96. ==> 96 > 50 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=11.773/526.132
=0.02237651

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=7.168/498.7255
=0.01437264

Astral Foods's gearing of this year was 0.02237651. Astral Foods's gearing of last year was 0.01437264. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=324.266/155.057
=2.09126966

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=320.343/192.97
=1.66006633

Astral Foods's current ratio of this year was 2.09126966. Astral Foods's current ratio of last year was 1.66006633. ==> This year's current ratio is higher. ==> Score 1.

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.

Astral Foods's number of shares in issue this year was 38.834. Astral Foods's number of shares in issue last year was 38.834. ==> 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
=227.497/1298.071
=0.17525775

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=198.4/1163.968
=0.17045142

Astral Foods's gross margin of this year was 0.17525775. Astral Foods's gross margin of last year was 0.17045142. ==> 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 (Sep24)
=1298.071/517.072
=2.51042601

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=1163.968/480.379
=2.42302016

Astral Foods's asset turnover of this year was 2.51042601. Astral Foods's asset turnover of last year was 2.42302016. ==> 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+1+1+0+1+1+1+1
=8

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

Astral Foods has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Astral Foods (ALFDF) has a Piotroski F-Score of 8 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Astral Foods and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Astral Foods' Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Astral Foods ranks #45 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is Astral Foods' Piotroski F-Score too high?
Astral Foods' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Astral Foods' value of 8 is 60% above this industry median. Based on the distribution chart, Astral Foods ranks #45 out of 1909 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Astral Foods has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Astral Foods' Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Astral Foods ranks #45 out of 1909 companies for Piotroski F-Score. This places Astral Foods in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Astral Foods' value of 8 is 60% above this benchmark. Historically, Astral Foods' own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Astral Foods 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Astral Foods's current Piotroski F-Score of 8 is 60% 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 Astral Foods and its competitors. For the Consumer Packaged Goods 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. Astral Foods's current Piotroski F-Score is 8, which is 33% above 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 Astral Foods stock overvalued right now?
Astral Foods (ALFDF) has a current Piotroski F-Score of 8. The stock's GF Value™ is $6.44, compared to a current price of $7.39 — trading 14.8% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Astral Foods' overall GF Score™ is 84/100 with 1 warning sign 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 Astral Foods (ALFDF), the current Piotroski F-Score is 8 as of Jun. 30, 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 Astral Foods (ALFDF) Overvalued in 2026?

Based on GuruFocus' analysis, Astral Foods stock appears to be overvalued. The current stock price of $7.39 is trading 14.8% above its estimated GF Value™ of $6.44.

Key valuation signals for ALFDF:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: $6.44 vs. price of $7.39 (14.8% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 60% above the Consumer Packaged Goods median (#45 of 1909)

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


Astral Foods Business Description

Other Exchanges ARL:South Africa
Address 13 Thunderbolt Lane, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748
Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs, and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.
84GF Score

Get the complete analysis for ALFDF

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

$7.39
Price
$6.44
GF Value