Fictor Alimentos (BSP:FICT3) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 20% Below Median


BSP:FICT3 Fictor Alimentos SA BSP:FICT3
37 GF Score
Price R$0.22
! 2 Warning Signs
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What is Fictor Alimentos Piotroski F-Score?

Fictor Alimentos BSP:FICT3 -8.33% 37 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates BSP:FICT3 with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 359 Telecommunication Services companies, Fictor Alimentos ranks worse than 87.47% 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

Fictor Alimentos has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

BSP:FICT3' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of Fictor Alimentos was 7. The lowest was 3. And the median was 5.

Fictor Alimentos  (BSP:FICT3) 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.


Fictor Alimentos Piotroski F-Score Related Terms


Fictor Alimentos Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fictor Alimentos'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.

Fictor Alimentos Piotroski F-Score Chart

Fictor Alimentos 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 6.00 5.00 3.00 4.00 4.00

Fictor Alimentos Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 4.00 4.00 4.00 3.00 4.00

BSP:FICT3 vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Fictor Alimentos'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.


Fictor Alimentos Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fictor Alimentos's Piotroski F-Score distribution charts can be found below:

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


BSP:FICT3
37GF Score
Fictor Alimentos SA BSP:FICT3
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 -0.62 + -0.707 + -2.292 + -20.421 = R$-24.04 Mil.
Cash Flow from Operations was 0.026 + 0.008 + -15.239 + 4.641 = R$-10.56 Mil.
Revenue was 0 + 0 + 31.095 + 45.989 = R$77.08 Mil.
Gross Profit was 0 + 0 + 0.631 + -3.393 = R$-2.76 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(0.001 + 4.445 + 5.185 + 90.012 + 81.814) / 5 = R$36.2914 Mil.
Total Assets at the begining of this year (Dec24) was R$0.00 Mil.
Long-Term Debt & Capital Lease Obligation was R$5.56 Mil.
Total Current Assets was R$50.73 Mil.
Total Current Liabilities was R$36.38 Mil.
Net Income was 22.388 + -1.24 + -1.024 + -20.49 = R$-0.37 Mil.

Revenue was 0 + 0 + 0 + 0 = R$0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = R$0.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(25.103 + 52.873 + 50.926 + 51.611 + 0.001) / 5 = R$36.1028 Mil.
Total Assets at the begining of last year (Dec23) was R$25.10 Mil.
Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.
Total Current Assets was R$0.00 Mil.
Total Current Liabilities was R$0.04 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.

Fictor Alimentos's current Net Income (TTM) was -24.04. ==> Negative ==> Score 0.

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.

Fictor Alimentos's current Cash Flow from Operations (TTM) was -10.56. ==> Negative ==> Score 0.

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)
=-24.04/0.001
=-24040

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-0.366/25.103
=-0.01457993

Fictor Alimentos's return on assets of this year was -24040. Fictor Alimentos's return on assets of last year was -0.01457993. ==> 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.

Fictor Alimentos's current Net Income (TTM) was -24.04. Fictor Alimentos's current Cash Flow from Operations (TTM) was -10.56. ==> -10.56 > -24.04 ==> 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
=5.558/36.2914
=0.15314923

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/36.1028
=0

Fictor Alimentos's gearing of this year was 0.15314923. Fictor Alimentos's gearing of last year was 0. ==> 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
=50.729/36.379
=1.39445834

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.001/0.043
=0.02325581

Fictor Alimentos's current ratio of this year was 1.39445834. Fictor Alimentos's current ratio of last year was 0.02325581. ==> 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.

Fictor Alimentos's number of shares in issue this year was 43.862. Fictor Alimentos's number of shares in issue last year was 23.805. ==> 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
=-2.762/77.084
=-0.03583104

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Fictor Alimentos's gross margin of this year was -0.03583104. Fictor Alimentos's gross margin of last year was . ==> 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 (Dec24)
=77.084/0.001
=77084

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/25.103
=0

Fictor Alimentos's asset turnover of this year was 77084. Fictor Alimentos's asset turnover of last year was 0. ==> 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
=0+0+0+1+0+1+0+1+1
=4

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

Fictor Alimentos has an F-score of 4 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?
Fictor Alimentos (BSP:FICT3) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fictor Alimentos and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Fictor Alimentos' Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Fictor Alimentos ranks #314 out of 359 companies in the Telecommunication Services industry, placing it in the top 87.5%.
Is Fictor Alimentos' Piotroski F-Score too high?
Fictor Alimentos' 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 3.00 to a high of 7.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Fictor Alimentos' value of 4 is 33.3% below this industry median. Based on the distribution chart, Fictor Alimentos ranks #314 out of 359 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Fictor Alimentos has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Fictor Alimentos' Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Fictor Alimentos ranks #314 out of 359 companies for Piotroski F-Score. This places Fictor Alimentos in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Fictor Alimentos' value of 4 is 33.3% below this benchmark. Historically, Fictor Alimentos' own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Fictor Alimentos 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 359 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. Fictor Alimentos's current Piotroski F-Score of 4 is 33.3% 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 Fictor Alimentos and its competitors. For the Telecommunication Services 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. Fictor Alimentos'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 Fictor Alimentos stock overvalued right now?
Fictor Alimentos (BSP:FICT3) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 33.3% below the Telecommunication Services industry median of 6.00. Fictor Alimentos' overall GF Score™ is 37/100 with 2 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 Fictor Alimentos (BSP:FICT3), the current Piotroski F-Score is 4 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.

Fictor Alimentos Business Description

Address Rua Messias Pereira de, Jd. Elton Ville, Paula, 333, Sorocaba, SP, BRA
Fictor Alimentos SA, formerly Atom Empreendimentos e Participacoes SA offers solutions for telecommunications, power generation, oil, gas, petrochemicals, process equipment, engineering, mining, steel, material handling, among others.
37GF Score

Get the complete analysis for BSP:FICT3

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

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