BRDNF (Breedon Group) Piotroski F-Score: 4 (As of Jul. 27, 2026) — 20% Below Median

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BRDNF Breedon Group PLC BRDNF
71 GF Score
Price $3.94
GF Value $5.80
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Breedon Group Piotroski F-Score?

Breedon Group BRDNF 71 Piotroski F-Score is 4 as of Jul. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates BRDNF with a GF Score™ of 71/100 and a GF Value™ of $5.80 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 391 Building Materials companies, Breedon Group ranks worse than 70.84% 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

Breedon 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 Breedon Group's Piotroski F-Score or its related term are showing as below:

BRDNF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Breedon Group was 9. The lowest was 4. And the median was 5.

Breedon Group  (OTCPK:BRDNF) 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.


Breedon Group Piotroski F-Score Related Terms


Breedon Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Breedon 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.

Breedon Group Piotroski F-Score Chart

Breedon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 9.00 5.00 4.00 4.00

Breedon Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.00 0.00 4.00 0.00 4.00

BRDNF vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Breedon 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.


Breedon Group Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Breedon Group's Piotroski F-Score distribution charts can be found below:

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


BRDNF
71GF Score
Breedon Group PLC BRDNF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $112 Mil.
Cash Flow from Operations was $302 Mil.
Revenue was $2,294 Mil.
Gross Profit was $1,831 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2724.526 + 3156.091) / 2 = $2940.3085 Mil.
Total Assets at the begining of this year (Dec24) was $2,725 Mil.
Long-Term Debt & Capital Lease Obligation was $795 Mil.
Total Current Assets was $677 Mil.
Total Current Liabilities was $502 Mil.
Net Income was $122 Mil.

Revenue was $1,993 Mil.
Gross Profit was $1,605 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2370.633 + 2724.526) / 2 = $2547.5795 Mil.
Total Assets at the begining of last year (Dec23) was $2,371 Mil.
Long-Term Debt & Capital Lease Obligation was $538 Mil.
Total Current Assets was $592 Mil.
Total Current Liabilities was $459 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.

Breedon Group's current Net Income (TTM) was 112. ==> 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.

Breedon Group's current Cash Flow from Operations (TTM) was 302. ==> 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 (Dec24)
=112.182/2724.526
=0.04117487

ROA (Last Year)=Net Income/Total Assets (Dec23)
=121.618/2370.633
=0.05130191

Breedon Group's return on assets of this year was 0.04117487. Breedon Group's return on assets of last year was 0.05130191. ==> 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.

Breedon Group's current Net Income (TTM) was 112. Breedon Group's current Cash Flow from Operations (TTM) was 302. ==> 302 > 112 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=794.779/2940.3085
=0.27030463

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=537.927/2547.5795
=0.21115219

Breedon Group's gearing of this year was 0.27030463. Breedon Group's gearing of last year was 0.21115219. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=677.376/502.142
=1.348973

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=591.909/459.418
=1.28838879

Breedon Group's current ratio of this year was 1.348973. Breedon Group's current ratio of last year was 1.28838879. ==> 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.

Breedon Group's number of shares in issue this year was 346.3. Breedon Group's number of shares in issue last year was 343.7. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1830.924/2294.244
=0.79805112

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1604.93/1992.794
=0.80536674

Breedon Group's gross margin of this year was 0.79805112. Breedon Group's gross margin of last year was 0.80536674. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2294.244/2724.526
=0.84207088

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1992.794/2370.633
=0.84061683

Breedon Group's asset turnover of this year was 0.84207088. Breedon Group's asset turnover of last year was 0.84061683. ==> 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+0+1+0+1+0+0+1
=5

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

Breedon Group has an F-score of 5 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 4 mean?
Breedon Group (BRDNF) has a Piotroski F-Score of 4 as of Jul. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Breedon Group and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Breedon Group's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Breedon Group ranks #277 out of 391 companies in the Building Materials industry, placing it in the top 70.8%.
Is Breedon Group's Piotroski F-Score too high?
Breedon Group's current Piotroski F-Score of 4 is 20% below 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 9.00. The Building Materials industry median Piotroski F-Score is 5.00. Breedon Group's value of 4 is 20% below this industry median. Based on the distribution chart, Breedon Group ranks #277 out of 391 companies in the Building Materials industry, which is below the industry midpoint. Overall, Breedon Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Breedon Group's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Breedon Group ranks #277 out of 391 companies for Piotroski F-Score. This places Breedon Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Breedon Group's value of 4 is 20% below this benchmark. Historically, Breedon Group's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Breedon Group has consistently been below 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 391 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. Breedon Group's current Piotroski F-Score of 4 is 20% below 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 Breedon Group and its competitors. For the Building Materials 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. Breedon Group's current Piotroski F-Score is 4, which is 20% below 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 Breedon Group stock overvalued right now?
Based on GuruFocus' analysis, Breedon Group (BRDNF) is currently considered Significantly Undervalued. The stock's GF Value™ is $5.80, compared to a current price of $3.94 — trading 32.1% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Building Materials industry median of 5.00. Breedon Group's overall GF Score™ is 71/100 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 Breedon Group (BRDNF), the current Piotroski F-Score is 4 as of Jul. 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 Breedon Group (BRDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Breedon Group stock appears to be undervalued. The current stock price of $3.94 is trading 32.1% below its estimated GF Value™ of $5.80. GuruFocus considers Breedon Group to be Significantly Undervalued.

Key valuation signals for BRDNF:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: $5.80 vs. price of $3.94 (32.1% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 20% below the Building Materials median (#277 of 391)

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


Breedon Group Business Description

Other Exchanges BREEl:UKBREE:UK
Address Main Street, Pinnacle House, Breedon Quarry, Breedon on the Hill, Derby, GBR, DE73 8AP
Breedon Group PLC is a producer of construction materials. The products include aggregates such as polished stone value stones, sub-base materials and sands for the road construction industry, milled limestones for agricultural applications, asphalt, ready-mix concrete, concrete beams and blocks, cement, and others. The company's customers range from civil engineering business over local authorities and utilities companies to homes and smaller businesses. The company generates majority of its revenue in the United Kingdom.
71GF Score

Get the complete analysis for BRDNF

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

$3.94
Price
$5.80
GF Value