Agrogalaxy Participacoes (BSP:AGXY3) Piotroski F-Score: 5 (As of Jun. 29, 2026) — 67% Above Median


BSP:AGXY3 Agrogalaxy Participacoes SA BSP:AGXY3
50 GF Score
Price R$1.81
GF Value R$4.87
Valuation Possible Value Trap
! 7 Warning Signs
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What is Agrogalaxy Participacoes Piotroski F-Score?

Agrogalaxy Participacoes BSP:AGXY3 +0.56% 50 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates BSP:AGXY3 with a GF Score™ of 50/100 and a GF Value™ of R$4.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 251 Agriculture companies, Agrogalaxy Participacoes ranks better than 58.17% 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

Agrogalaxy Participacoes 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 Agrogalaxy Participacoes's Piotroski F-Score or its related term are showing as below:

BSP:AGXY3' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 5
Current: 5

During the past 9 years, the highest Piotroski F-Score of Agrogalaxy Participacoes was 5. The lowest was 1. And the median was 3.

Agrogalaxy Participacoes  (BSP:AGXY3) 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.


Agrogalaxy Participacoes Piotroski F-Score Related Terms


Agrogalaxy Participacoes Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Agrogalaxy Participacoes'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.

Agrogalaxy Participacoes Piotroski F-Score Chart

Agrogalaxy Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only N/A 3.00 4.00 4.00 2.00

Agrogalaxy Participacoes Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.00 2.00 3.00 4.00 5.00

BSP:AGXY3 vs CTVA, CF, MOS: Piotroski F-Score Comparison

For the Agricultural Inputs subindustry, Agrogalaxy Participacoes'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.


Agrogalaxy Participacoes Piotroski F-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Agrogalaxy Participacoes's Piotroski F-Score distribution charts can be found below:

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


BSP:AGXY3
50GF Score
Agrogalaxy Participacoes SA BSP:AGXY3
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was -398.088 + -199.813 + 2463.895 + -639.118 = R$1,227 Mil.
Cash Flow from Operations was 121.604 + -166.861 + 85.572 + 62.94 = R$103 Mil.
Revenue was 741.014 + 341.203 + 228.285 + 440.746 = R$1,751 Mil.
Gross Profit was -18.862 + -6.166 + -15.116 + 20.24 = R$-20 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(3989.983 + 3638.761 + 3488.816 + 2769.627 + 2215.352) / 5 = R$3220.5078 Mil.
Total Assets at the begining of this year (Sep24) was R$3,990 Mil.
Long-Term Debt & Capital Lease Obligation was R$801 Mil.
Total Current Assets was R$917 Mil.
Total Current Liabilities was R$419 Mil.
Net Income was 89.55 + -275.635 + -295.73 + -2026.685 = R$-2,509 Mil.

Revenue was 2412.748 + 1596.367 + 1056.119 + 1218.868 = R$6,284 Mil.
Gross Profit was 244.229 + 72.61 + 24.147 + -139.576 = R$201 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(7827.618 + 7714.016 + 7988.015 + 6513.329 + 3989.983) / 5 = R$6806.5922 Mil.
Total Assets at the begining of last year (Sep23) was R$7,828 Mil.
Long-Term Debt & Capital Lease Obligation was R$10 Mil.
Total Current Assets was R$2,061 Mil.
Total Current Liabilities was R$5,166 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.

Agrogalaxy Participacoes's current Net Income (TTM) was 1,227. ==> 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.

Agrogalaxy Participacoes's current Cash Flow from Operations (TTM) was 103. ==> 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 (Sep24)
=1226.876/3989.983
=0.30748903

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-2508.5/7827.618
=-0.32046786

Agrogalaxy Participacoes's return on assets of this year was 0.30748903. Agrogalaxy Participacoes's return on assets of last year was -0.32046786. ==> This year is higher. ==> Score 1.

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.

Agrogalaxy Participacoes's current Net Income (TTM) was 1,227. Agrogalaxy Participacoes's current Cash Flow from Operations (TTM) was 103. ==> 103 <= 1,227 ==> CFROA <= ROA ==> Score 0.

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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=801.108/3220.5078
=0.24875208

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=10.467/6806.5922
=0.00153777

Agrogalaxy Participacoes's gearing of this year was 0.24875208. Agrogalaxy Participacoes's gearing of last year was 0.00153777. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=917.238/419.349
=2.1872903

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=2060.892/5165.847
=0.39894561

Agrogalaxy Participacoes's current ratio of this year was 2.1872903. Agrogalaxy Participacoes's current ratio of last year was 0.39894561. ==> 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.

Agrogalaxy Participacoes's number of shares in issue this year was 16.744. Agrogalaxy Participacoes's number of shares in issue last year was 251.148. ==> 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
=-19.904/1751.248
=-0.01136561

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=201.41/6284.102
=0.03205072

Agrogalaxy Participacoes's gross margin of this year was -0.01136561. Agrogalaxy Participacoes's gross margin of last year was 0.03205072. ==> 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 (Sep24)
=1751.248/3989.983
=0.43891114

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=6284.102/7827.618
=0.80281153

Agrogalaxy Participacoes's asset turnover of this year was 0.43891114. Agrogalaxy Participacoes's asset turnover of last year was 0.80281153. ==> 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+1+0+0+1+1+0+0
=5

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

Agrogalaxy Participacoes 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 5 mean?
Agrogalaxy Participacoes (BSP:AGXY3) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Agrogalaxy Participacoes and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Agrogalaxy Participacoes' Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Agrogalaxy Participacoes ranks #105 out of 251 companies in the Agriculture industry, placing it in the top 41.8%.
Is Agrogalaxy Participacoes' Piotroski F-Score too high?
Agrogalaxy Participacoes' current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. The Agriculture industry median Piotroski F-Score is 5.00. Agrogalaxy Participacoes' value of 5 is 0% at this industry median. Based on the distribution chart, Agrogalaxy Participacoes ranks #105 out of 251 companies in the Agriculture industry, which is above the industry midpoint. Overall, Agrogalaxy Participacoes has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Agrogalaxy Participacoes' Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Agrogalaxy Participacoes ranks #105 out of 251 companies for Piotroski F-Score. This puts Agrogalaxy Participacoes in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Agrogalaxy Participacoes' value of 5 is 0% at this benchmark. Historically, Agrogalaxy Participacoes' own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Agrogalaxy Participacoes 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 an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 251 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. Agrogalaxy Participacoes'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 Agrogalaxy Participacoes and its competitors. For the Agriculture 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. Agrogalaxy Participacoes's current Piotroski F-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agrogalaxy Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Agrogalaxy Participacoes (BSP:AGXY3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.87, compared to a current price of R$1.81 — trading 62.8% below its estimated fair value. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Agriculture industry median of 5.00. Agrogalaxy Participacoes' overall GF Score™ is 50/100 with 7 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 Agrogalaxy Participacoes (BSP:AGXY3), the current Piotroski F-Score is 5 as of Jun. 29, 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 Agrogalaxy Participacoes (BSP:AGXY3) Overvalued in 2026?

Based on GuruFocus' analysis, Agrogalaxy Participacoes stock appears to be undervalued. The current stock price of R$1.81 is trading 62.8% below its estimated GF Value™ of R$4.87. GuruFocus considers Agrogalaxy Participacoes to be Possible Value Trap.

Key valuation signals for BSP:AGXY3:

  • Piotroski F-Score: 5 (67% above median its 10-year median of 3.00)
  • GF Value™: R$4.87 vs. price of R$1.81 (62.8% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 0% at the Agriculture median (#105 of 251)

No single metric tells the full story. See the BSP:AGXY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agrogalaxy Participacoes Business Description

Address Avenida Cidade Jardim, No. 803, 6th Floor, Conjunto 62, Room 3B, Sao Paulo, SP, BRA, CEP 01453-000
Agrogalaxy Participacoes SA operates as an investment fund with a focus on the agribusiness value chain in Brazil and South America.
50GF Score

Get the complete analysis for BSP:AGXY3

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

R$1.81
Price
R$4.87
GF Value