Inghams GroupASX:ING -1.02%72 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates ASX:ING with a GF Score™ of 72/100 and a GF Value™ of A$3.36 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Inghams Group ranks better than 52.09% 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
Inghams Group 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 Inghams Group's Piotroski F-Score or its related term are showing as below:
ASX:ING'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 8
Current: 5
During the past 9 years, the highest Piotroski F-Score of Inghams Group was 8. The lowest was 4. And the median was 5.
Inghams Group (ASX:ING) 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.
Inghams Group Piotroski F-Score Related Terms
Inghams Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Inghams Group'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.
ASX:ING vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, Inghams Group'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.
Inghams Group Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Inghams Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Inghams Group'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.
Inghams Group's current Net Income (TTM) was 90.
==> 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.
Inghams Group's return on assets of this year was 0.036689. Inghams Group's return on assets of last year was 0.03942819.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Inghams Group's gearing of this year was 0.56381055. Inghams Group's gearing of last year was 0.5773512.
==> 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
Inghams Group's current ratio of this year was 1.20029304. Inghams Group's current ratio of last year was 1.42074138.
==> 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.
Inghams Group's number of shares in issue this year was 374.9. Inghams Group's number of shares in issue last year was 373.162.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Inghams Group's gross margin of this year was 0.18452608. Inghams Group's gross margin of last year was 0.19034335.
==> 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
Inghams Group's asset turnover of this year was 1.28795555. Inghams Group's asset turnover of last year was 1.26714058.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Inghams Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Inghams Group (ASX:ING) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Inghams Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Inghams Group's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Inghams Group ranks #916 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 47.9%.
Is Inghams Group's Piotroski F-Score too high?
Inghams Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Inghams Group's value of 5 is 0% at this industry median. Based on the distribution chart, Inghams Group ranks #916 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Inghams Group has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inghams Group's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Inghams Group ranks #916 out of 1912 companies for Piotroski F-Score. This puts Inghams Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Inghams Group's value of 5 is 0% at this benchmark. Historically, Inghams Group'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 5.00 vs. the industry median of 5.00, Inghams Group 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 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. Inghams Group'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 Inghams Group 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. Inghams Group's current Piotroski F-Score is 5, which is near 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 Inghams Group stock overvalued right now?
Based on GuruFocus' analysis, Inghams Group (ASX:ING) is currently considered Significantly Undervalued. The stock's GF Value™ is A$3.36, compared to a current price of A$1.95 — trading 42.1% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Inghams Group's overall GF Score™ is 72/100 with 9 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 Inghams Group (ASX:ING), the current Piotroski F-Score is 5 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 Inghams Group (ASX:ING) Overvalued in 2026?
Based on GuruFocus' analysis, Inghams Group stock appears to be undervalued.
The current stock price of A$1.95 is trading 42.1% below its estimated GF Value™ of A$3.36.
GuruFocus considers Inghams Group to be Significantly Undervalued.
Key valuation signals for ASX:ING:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: A$3.36 vs. price of A$1.95 (42.1% below fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#916 of 1912)
No single metric tells the full story. See the ASX:ING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles and quick-service restaurants McDonald's and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.
72GF Score
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