AVO (Mission Produce) Piotroski F-Score: 6 (As of Jun. 24, 2026) — Near Median


AVO Mission Produce Inc AVO
80 GF Score
Price $12.21
GF Value $12.80
Valuation Fairly Valued
! 4 Warning Signs
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What is Mission Produce Piotroski F-Score?

Mission Produce AVO +4.27% 80 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates AVO with a GF Score™ of 80/100 and a GF Value™ of $12.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 298 Retail - Defensive companies, Mission Produce ranks better than 70.81% 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

Mission Produce has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

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

During the past 8 years, the highest Piotroski F-Score of Mission Produce was 9. The lowest was 2. And the median was 6.

Mission Produce  (NAS:AVO) 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.


Mission Produce Piotroski F-Score Related Terms


Mission Produce Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mission Produce'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.

Mission Produce Piotroski F-Score Chart

Mission Produce Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 5.00 5.00 7.00 6.00

Mission Produce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.00 9.00 6.00 7.00 6.00

AVO vs WILC, CVGW, HFFG: Piotroski F-Score Comparison

For the Food Distribution subindustry, Mission Produce'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.


Mission Produce Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mission Produce's Piotroski F-Score distribution charts can be found below:

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


AVO
80GF Score
Mission Produce Inc AVO
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 14.7 + 16 + -0.7 + -7.2 = $23 Mil.
Cash Flow from Operations was 34.4 + 67.2 + -3 + -18 = $81 Mil.
Revenue was 357.7 + 319 + 278.6 + 290.9 = $1,246 Mil.
Gross Profit was 45.1 + 55.7 + 31.6 + 20.5 = $153 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(1010.5 + 1002.4 + 983 + 997.7 + 1008.2) / 5 = $1000.36 Mil.
Total Assets at the begining of this year (Apr25) was $1,011 Mil.
Long-Term Debt & Capital Lease Obligation was $203 Mil.
Total Current Assets was $284 Mil.
Total Current Liabilities was $149 Mil.
Net Income was 12.4 + 17.3 + 3.9 + 3.1 = $37 Mil.

Revenue was 324 + 354.4 + 334.2 + 380.3 = $1,393 Mil.
Gross Profit was 37 + 55.8 + 31.5 + 28.4 = $153 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(966.9 + 959.9 + 971.5 + 997.8 + 1010.5) / 5 = $981.32 Mil.
Total Assets at the begining of last year (Apr24) was $967 Mil.
Long-Term Debt & Capital Lease Obligation was $235 Mil.
Total Current Assets was $297 Mil.
Total Current Liabilities was $150 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.

Mission Produce's current Net Income (TTM) was 23. ==> 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.

Mission Produce's current Cash Flow from Operations (TTM) was 81. ==> 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 (Apr25)
=22.8/1010.5
=0.02256309

ROA (Last Year)=Net Income/Total Assets (Apr24)
=36.7/966.9
=0.03795636

Mission Produce's return on assets of this year was 0.02256309. Mission Produce's return on assets of last year was 0.03795636. ==> 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.

Mission Produce's current Net Income (TTM) was 23. Mission Produce's current Cash Flow from Operations (TTM) was 81. ==> 81 > 23 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=202.9/1000.36
=0.20282698

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=235.1/981.32
=0.23957527

Mission Produce's gearing of this year was 0.20282698. Mission Produce's gearing of last year was 0.23957527. ==> 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

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=283.6/148.5
=1.90976431

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=297.1/149.9
=1.98198799

Mission Produce's current ratio of this year was 1.90976431. Mission Produce's current ratio of last year was 1.98198799. ==> 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.

Mission Produce's number of shares in issue this year was 70.783. Mission Produce's number of shares in issue last year was 71.105. ==> 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
=152.9/1246.2
=0.12269299

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=152.7/1392.9
=0.1096274

Mission Produce's gross margin of this year was 0.12269299. Mission Produce's gross margin of last year was 0.1096274. ==> 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 (Apr25)
=1246.2/1010.5
=1.23325087

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=1392.9/966.9
=1.44058331

Mission Produce's asset turnover of this year was 1.23325087. Mission Produce's asset turnover of last year was 1.44058331. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0+1+1+0
=6

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

Mission Produce has an F-score of 6 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 6 mean?
Mission Produce (AVO) 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 Mission Produce and its competitors. This is near median its historical median of 6.00. Over the past decade, Mission Produce's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Mission Produce ranks #87 out of 298 companies in the Retail - Defensive industry, placing it in the top 29.2%.
Is Mission Produce's Piotroski F-Score too high?
Mission Produce'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 2.00 to a high of 9.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Mission Produce's value of 6 is 0% at this industry median. Based on the distribution chart, Mission Produce ranks #87 out of 298 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Mission Produce has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mission Produce's Piotroski F-Score compare to WILC and CVGW?
According to the Retail - Defensive industry distribution chart, Mission Produce ranks #87 out of 298 companies for Piotroski F-Score. This puts Mission Produce in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Mission Produce's value of 6 is 0% at this benchmark. Historically, Mission Produce's 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 6.00, Mission Produce 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 298 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. Mission Produce's current Piotroski F-Score of 6 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 Mission Produce and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Produce'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 Mission Produce stock overvalued right now?
Based on GuruFocus' analysis, Mission Produce (AVO) is currently considered Fairly Valued. The stock's GF Value™ is $12.80, compared to a current price of $12.21 — trading 4.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Retail - Defensive industry median of 6.00. Mission Produce's overall GF Score™ is 80/100 with 4 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 Mission Produce (AVO), 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 Mission Produce (AVO) Overvalued in 2026?

Based on GuruFocus' analysis, Mission Produce stock appears to be undervalued. The current stock price of $12.21 is trading 4.6% below its estimated GF Value™ of $12.80. GuruFocus considers Mission Produce to be Fairly Valued.

Key valuation signals for AVO:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $12.80 vs. price of $12.21 (4.6% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 0% at the Retail - Defensive median (#87 of 298)

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


Mission Produce Business Description

Other Exchanges AVO:Mexico5YM:Germany
Address 2710 Camino Del Sol, Oxnard, CA, USA, 93030
Mission Produce Inc produces, packs, and distributes mainly Hass avocados to retail, wholesale, and food service customers, offering pre-ripe and ripened fruit tailored to customer specifications through its network of ripening facilities. The Company operates through three segments: Marketing & Distribution, which sources and distributes fruit globally and generates the majority of revenue; International Farming, which owns and operates avocado orchards and supplies fruit mainly to Marketing & Distribution, with operations principally in Peru and Guatemala; and Blueberries, which farms blueberries sold under an exclusive marketing agreement. The Company's operations span Peru, the United States, Guatemala, Mexico, Europe, and Canada.
80GF Score

Get the complete analysis for AVO

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

$12.21
Price
$12.80
GF Value