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Lojas Quero-QueroBSP:LJQQ3 -4.20%68 Piotroski F-Score is 3 as of Jul. 21, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates BSP:LJQQ3 with a GF Score™ of 68/100 and a GF Value™ of R$2.90 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Lojas Quero-Quero ranks worse than 87.08% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lojas Quero-Quero has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Lojas Quero-Quero's Piotroski F-Score or its related term are showing as below:
BSP:LJQQ3'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 3
During the past 9 years, the highest Piotroski F-Score of Lojas Quero-Quero was 7. The lowest was 3. And the median was 5.
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.
Lojas Quero-Quero Piotroski F-Score Related Terms
Lojas Quero-Quero Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lojas Quero-Quero'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.
BSP:LJQQ3 vs CASY, WSM, DKS: Piotroski F-Score Comparison
For the Specialty Retail subindustry, Lojas Quero-Quero'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.
Lojas Quero-Quero Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Quero-Quero's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lojas Quero-Quero'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 -46.011 + -42.143 + -42.688 + -61.666 = R$-193 Mil. Cash Flow from Operations was 363.686 + -89.648 + 111.881 + 249.221 = R$635 Mil. Revenue was 448.762 + 695.354 + 754.075 + 696.429 = R$2,595 Mil. Gross Profit was 129.04 + 225.523 + 241.174 + 211.485 = R$807 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3430.223 + 3738.105 + 3666.739 + 3771.234 + 3903.081) / 5 = R$3701.8764 Mil. Total Assets at the begining of this year (Mar25) was R$3,430 Mil. Long-Term Debt & Capital Lease Obligation was R$870 Mil. Total Current Assets was R$2,931 Mil. Total Current Liabilities was R$1,575 Mil.
Net Income was -56.353 + -3.676 + 6.252 + -31.099 = R$-85 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.
Lojas Quero-Quero's current Net Income (TTM) was -193.
==> 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.
Lojas Quero-Quero's return on assets of this year was -0.05612113. Lojas Quero-Quero's return on assets of last year was -0.02593585.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lojas Quero-Quero's gearing of this year was 0.2350254. Lojas Quero-Quero's gearing of last year was 0.21170966.
==> 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
Lojas Quero-Quero's current ratio of this year was 1.86121275. Lojas Quero-Quero's current ratio of last year was 1.5354664.
==> 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.
Lojas Quero-Quero's number of shares in issue this year was 206.917. Lojas Quero-Quero's number of shares in issue last year was 198.363.
==> 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.
Lojas Quero-Quero's gross margin of this year was 0.31111377. Lojas Quero-Quero's gross margin of last year was 0.34323214.
==> 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
Lojas Quero-Quero's asset turnover of this year was 0.7563998. Lojas Quero-Quero's asset turnover of last year was 0.84018144.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lojas Quero-Quero has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Lojas Quero-Quero (BSP:LJQQ3) has a Piotroski F-Score of 3 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lojas Quero-Quero and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Lojas Quero-Quero's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Lojas Quero-Quero ranks #957 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 87.1%.
Is Lojas Quero-Quero's Piotroski F-Score too high?
Lojas Quero-Quero's current Piotroski F-Score of 3 is 40% 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 Retail - Cyclical industry median Piotroski F-Score is 6.00. Lojas Quero-Quero's value of 3 is 50% below this industry median. Based on the distribution chart, Lojas Quero-Quero ranks #957 out of 1099 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Lojas Quero-Quero has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lojas Quero-Quero's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Lojas Quero-Quero ranks #957 out of 1099 companies for Piotroski F-Score. This places Lojas Quero-Quero in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Lojas Quero-Quero's value of 3 is 50% below this benchmark. Historically, Lojas Quero-Quero's 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, Lojas Quero-Quero 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,099 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. Lojas Quero-Quero's current Piotroski F-Score of 3 is 50% 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 Lojas Quero-Quero and its competitors. For the Retail - Cyclical 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. Lojas Quero-Quero's current Piotroski F-Score is 3, which is 40% 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 Lojas Quero-Quero stock overvalued right now?
Based on GuruFocus' analysis, Lojas Quero-Quero (BSP:LJQQ3) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.90, compared to a current price of R$1.14 — trading 60.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 50% below the Retail - Cyclical industry median of 6.00. Lojas Quero-Quero's overall GF Score™ is 68/100 with 8 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 Lojas Quero-Quero (BSP:LJQQ3), the current Piotroski F-Score is 3 as of Jul. 21, 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 Lojas Quero-Quero (BSP:LJQQ3) Overvalued in 2026?
Based on GuruFocus' analysis, Lojas Quero-Quero stock appears to be undervalued.
The current stock price of R$1.14 is trading 60.7% below its estimated GF Value™ of R$2.90.
GuruFocus considers Lojas Quero-Quero to be Possible Value Trap.
Key valuation signals for BSP:LJQQ3:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: R$2.90 vs. price of R$1.14 (60.7% below fair value)
Industry Position: 50% below the Retail - Cyclical median (#957 of 1099)
No single metric tells the full story. See the BSP:LJQQ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lojas Quero-Quero SA is mainly engaged in retail trade activities in general, offering building materials, household appliances and furniture, and related activities such as import, rendering of correspondent bank services and intermediation of extended warranty sales. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul, and Sao Paulo, in addition to three distribution centers. The company has one operating segment, which consists of revenues obtained from retail activities, financial services, and credit cards on a segregated basis.
68GF Score
Get the complete analysis for BSP:LJQQ3
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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