Aryzta AGARZTY 60 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates ARZTY with a GF Score™ of 60/100 and a GF Value™ of $8.98. The stock has 3 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Aryzta AG ranks better than 73.33% 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
Aryzta AG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Aryzta AG's Piotroski F-Score or its related term are showing as below:
ARZTY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Aryzta AG was 7. The lowest was 4. And the median was 6.
Aryzta AG (OTCPK:ARZTY) 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.
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.
Aryzta AG Piotroski F-Score Related Terms
Aryzta AG Piotroski F-Score Historical Data
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The historical data trend for Aryzta AG'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.
ARZTY vs KHC, GIS, JBS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Aryzta AG'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.
Aryzta AG Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Aryzta AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aryzta AG's Piotroski F-Score falls into.
* 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.
*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.
Aryzta AG's current Net Income (TTM) was 131.
==> 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.
Aryzta AG's return on assets of this year was 0.0657151. Aryzta AG's return on assets of last year was 0.06237183.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aryzta AG's gearing of this year was 0.37756769. Aryzta AG's gearing of last year was 0.39339536.
==> 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
Aryzta AG's current ratio of this year was 0.58368089. Aryzta AG's current ratio of last year was 0.63657012.
==> 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.
Aryzta AG's number of shares in issue this year was 248.25. Aryzta AG's number of shares in issue last year was 249.07.
==> 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.
Aryzta AG's gross margin of this year was 0.20150219. Aryzta AG's gross margin of last year was 0.21380727.
==> 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
Aryzta AG's asset turnover of this year was 1.30101692. Aryzta AG's asset turnover of last year was 1.05613267.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aryzta AG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Aryzta AG (ARZTY) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aryzta AG and its competitors. This is near median its historical median of 6.00. Over the past decade, Aryzta AG's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Aryzta AG ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Aryzta AG's Piotroski F-Score too high?
Aryzta AG's current Piotroski F-Score of 6 is near 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Aryzta AG's value of 6 is 20% above this industry median. Based on the distribution chart, Aryzta AG ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Aryzta AG has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Aryzta AG's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Aryzta AG ranks #510 out of 1912 companies for Piotroski F-Score. This puts Aryzta AG in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Aryzta AG's value of 6 is 20% above this benchmark. Historically, Aryzta AG's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Aryzta AG 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 1,912 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. Aryzta AG'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 Aryzta AG 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. Aryzta AG's current Piotroski F-Score is 6, which is near 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 Aryzta AG stock overvalued right now?
Aryzta AG (ARZTY) has a current Piotroski F-Score of 6. The stock's GF Value™ is $8.98, compared to a current price of $7.49 — trading 16.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Aryzta AG's overall GF Score™ is 60/100 with 3 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 Aryzta AG (ARZTY), the current Piotroski F-Score is 6 as of Jun. 24, 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 Aryzta AG (ARZTY) Overvalued in 2026?
Based on GuruFocus' analysis, Aryzta AG stock appears to be undervalued.
The current stock price of $7.49 is trading 16.6% below its estimated GF Value™ of $8.98.
Key valuation signals for ARZTY:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $8.98 vs. price of $7.49 (16.6% below fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1912)
No single metric tells the full story. See the ARZTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aryzta AG is an international specialist food company. Geographically, it has a presence in Switzerland, Germany, France, and other countries. By product segment, Bread Rolls & Artisan Loaves is the substantial segment, followed by Sweet Baked & Morning Goods, and Savoury & Other. The company has two operating and reporting segments, ARYZTA Europe and ARYZTA Rest of World, which comprise the continuing operations of the Group. The company'sdaily products are developed as per the Nutri-Score nutritional rating system, helping consumers by reducing intake of fat, sugar and salt while increasing protein, fibre and unsaturated fats.
60GF Score
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