Grupo NutresaBOG:NUTRESA +0.35%81 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates BOG:NUTRESA with a GF Score™ of 81/100 and a GF Value™ of COP92,906.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Grupo Nutresa ranks better than 73.47% 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
Grupo Nutresa 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 Grupo Nutresa's Piotroski F-Score or its related term are showing as below:
BOG:NUTRESA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Grupo Nutresa was 9. The lowest was 5. And the median was 7.
Grupo Nutresa (BOG:NUTRESA) 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.
Grupo Nutresa Piotroski F-Score Related Terms
Grupo Nutresa Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Grupo Nutresa'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.
BOG:NUTRESA vs KHC, GIS, JBS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Grupo Nutresa'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.
Grupo Nutresa Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo Nutresa's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Grupo Nutresa'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 475306 + 250901 + 272097 + -15336 = COP982,968 Mil. Cash Flow from Operations was 849621 + 720452 + 794343 + 400499 = COP2,764,915 Mil. Revenue was 5165475 + 5277189 + 5263536 + 5196511 = COP20,902,711 Mil. Gross Profit was 1960093 + 2099196 + 2174275 + 2209027 = COP8,442,591 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(25562619 + 26158258 + 27288301 + 27419325 + 29638328) / 5 = COP27213366.2 Mil. Total Assets at the begining of this year (Mar25) was COP25,562,619 Mil. Long-Term Debt & Capital Lease Obligation was COP1,900,150 Mil. Total Current Assets was COP10,883,040 Mil. Total Current Liabilities was COP5,761,537 Mil.
Net Income was 161114 + 211621 + 173735 + 237461 = COP783,931 Mil.
Revenue was 4461138 + 4750301 + 5071550 + 4872788 = COP19,155,777 Mil. Gross Profit was 1773914 + 1845155 + 1908748 + 1887611 = COP7,415,428 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(15377678 + 16326069 + 16788639 + 16942462 + 25562619) / 5 = COP18199493.4 Mil. Total Assets at the begining of last year (Mar24) was COP15,377,678 Mil. Long-Term Debt & Capital Lease Obligation was COP900,109 Mil. Total Current Assets was COP15,237,470 Mil. Total Current Liabilities was COP11,649,621 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.
Grupo Nutresa's current Net Income (TTM) was 982,968.
==> 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.
Grupo Nutresa's return on assets of this year was 0.03845334. Grupo Nutresa's return on assets of last year was 0.0509785.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Grupo Nutresa's gearing of this year was 0.06982414. Grupo Nutresa's gearing of last year was 0.04945792.
==> 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
Grupo Nutresa's current ratio of this year was 1.88891263. Grupo Nutresa's current ratio of last year was 1.30797989.
==> 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.
Grupo Nutresa's number of shares in issue this year was 452.077. Grupo Nutresa's number of shares in issue last year was 457.756.
==> 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.
Grupo Nutresa's gross margin of this year was 0.40389933. Grupo Nutresa's gross margin of last year was 0.38711184.
==> 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
Grupo Nutresa's asset turnover of this year was 0.81770616. Grupo Nutresa's asset turnover of last year was 1.24568722.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grupo Nutresa has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Grupo Nutresa (BOG:NUTRESA) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Grupo Nutresa and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Grupo Nutresa's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Grupo Nutresa ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 26.5%.
Is Grupo Nutresa's Piotroski F-Score too high?
Grupo Nutresa's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Grupo Nutresa's value of 6 is 20% above this industry median. Based on the distribution chart, Grupo Nutresa ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Grupo Nutresa has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Nutresa's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Grupo Nutresa ranks #507 out of 1911 companies for Piotroski F-Score. This puts Grupo Nutresa in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Grupo Nutresa's value of 6 is 20% above this benchmark. Historically, Grupo Nutresa's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Grupo Nutresa 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 1,911 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. Grupo Nutresa'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 Grupo Nutresa 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. Grupo Nutresa's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Nutresa stock overvalued right now?
Based on GuruFocus' analysis, Grupo Nutresa (BOG:NUTRESA) is currently considered Significantly Overvalued. The stock's GF Value™ is COP92,906.09, compared to a current price of COP308,000.00 — trading 231.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Grupo Nutresa's overall GF Score™ is 81/100 with 5 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 Grupo Nutresa (BOG:NUTRESA), the current Piotroski F-Score is 6 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 Grupo Nutresa (BOG:NUTRESA) Overvalued in 2026?
Based on GuruFocus' analysis, Grupo Nutresa stock appears to be overvalued.
The current stock price of COP308,000.00 is trading 231.5% above its estimated GF Value™ of COP92,906.09.
GuruFocus considers Grupo Nutresa to be Significantly Overvalued.
Key valuation signals for BOG:NUTRESA:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: COP92,906.09 vs. price of COP308,000.00 (231.5% above fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#507 of 1911)
No single metric tells the full story. See the BOG:NUTRESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupo Nutresa SA is a processed food company that operates through eleven business units: Cold Cuts, Biscuits, Chocolates, Tresmontes Lucchetti, Coffee, Retail Food, Ice Cream, Pasta, Third-party distribution network, Food Services, and Other. The company's revenue comes from food products, beverages, and other products. The majority of the company's production and sales take place in Colombia.
81GF Score
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