Advance Auto Parts (BUE:AAP) Piotroski F-Score: 7 (As of Sep. 05, 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:AAP Advance Auto Parts Inc BUE:AAP
47 GF Score
Price ARS4,982.50
GF Value ARS5,849.76
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Advance Auto Parts Piotroski F-Score?

Advance Auto Parts BUE:AAP +2.89% 47 Piotroski F-Score is 7 as of Sep. 05, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates BUE:AAP with a GF Score™ of 47/100 and a GF Value™ of ARS5,849.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Advance Auto Parts ranks worse than 76569.6% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Advance Auto Parts has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

BUE:AAP' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Advance Auto Parts was 8. The lowest was 2. And the median was 5.

Advance Auto Parts  (BUE:AAP) 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.


Advance Auto Parts Piotroski F-Score Related Terms


Advance Auto Parts Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Advance Auto Parts'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.

Advance Auto Parts Piotroski F-Score Chart

Advance Auto Parts 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 7.00 5.00 6.00 4.00 5.00

Advance Auto Parts Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.00 2.00 5.00 N/A 7.00

BUE:AAP vs PHIN, VC, HSAI: Piotroski F-Score Comparison

For the Auto Parts subindustry, Advance Auto Parts'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.


Advance Auto Parts Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Advance Auto Parts's Piotroski F-Score falls into.


BUE:AAP
47GF Score
Advance Auto Parts Inc BUE:AAP
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -1358.012 + 8708.934 + 33557.882 + 81466.166 = ARS122,375 Mil.
Cash Flow from Operations was -16296.149 + 104507.207 + -26566.657 + 401406.017 = ARS463,050 Mil.
Revenue was 2764913.251 + 2863787.774 + 3655012.667 + 2962406.031 = ARS12,246,120 Mil.
Gross Profit was 1196408.926 + 1261343.931 + 1649929.207 + 1367150.383 = ARS5,474,832 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(12512250.763 + 16376271.558 + 17165308.775 + 16497893.823 + 17802579.041) / 5 = ARS16070860.792 Mil.
Total Assets at the begining of this year (Jun25) was ARS12,512,251 Mil.
Long-Term Debt & Capital Lease Obligation was ARS7,718,549 Mil.
Total Current Assets was ARS11,069,030 Mil.
Total Current Liabilities was ARS6,333,624 Mil.
Net Income was -5703 + -419150.004 + 25584.886 + 17808.498 = ARS-381,460 Mil.

Revenue was 2041673.91 + 2015960.02 + 2753573.409 + 2386338.745 = ARS9,197,546 Mil.
Gross Profit was 863053.962 + 351480.004 + 1182234.963 + 1037641.822 = ARS3,434,411 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(11005521.116 + 11851008.371 + 10905980.109 + 11318114.164 + 12512250.763) / 5 = ARS11518574.9046 Mil.
Total Assets at the begining of last year (Jun24) was ARS11,005,521 Mil.
Long-Term Debt & Capital Lease Obligation was ARS3,972,482 Mil.
Total Current Assets was ARS7,138,833 Mil.
Total Current Liabilities was ARS5,616,800 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.

Advance Auto Parts's current Net Income (TTM) was 122,375. ==> 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.

Advance Auto Parts's current Cash Flow from Operations (TTM) was 463,050. ==> 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 (Jun25)
=122374.97/12512250.763
=0.00978041

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-381459.62/11005521.116
=-0.03466075

Advance Auto Parts's return on assets of this year was 0.00978041. Advance Auto Parts's return on assets of last year was -0.03466075. ==> 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.

Advance Auto Parts's current Net Income (TTM) was 122,375. Advance Auto Parts's current Cash Flow from Operations (TTM) was 463,050. ==> 463,050 > 122,375 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=7718548.913/16070860.792
=0.48028223

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3972482.309/11518574.9046
=0.3448762

Advance Auto Parts's gearing of this year was 0.48028223. Advance Auto Parts's gearing of last year was 0.3448762. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=11069030.133/6333624.093
=1.74766137

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=7138833.27/5616800.3
=1.27097865

Advance Auto Parts's current ratio of this year was 1.74766137. Advance Auto Parts's current ratio of last year was 1.27097865. ==> 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.

Advance Auto Parts's number of shares in issue this year was 61. Advance Auto Parts's number of shares in issue last year was 60.5. ==> 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
=5474832.447/12246119.723
=0.44706671

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3434410.751/9197546.084
=0.37340511

Advance Auto Parts's gross margin of this year was 0.44706671. Advance Auto Parts's gross margin of last year was 0.37340511. ==> 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 (Jun25)
=12246119.723/12512250.763
=0.97873036

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=9197546.084/11005521.116
=0.83572109

Advance Auto Parts's asset turnover of this year was 0.97873036. Advance Auto Parts's asset turnover of last year was 0.83572109. ==> 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+1+1+0+1+0+1+1
=7

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

Advance Auto Parts has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Advance Auto Parts (BUE:AAP) has a Piotroski F-Score of 7 as of Sep. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Advance Auto Parts and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Advance Auto Parts' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Advance Auto Parts ranks #999999 out of 1306 companies in the Vehicles & Parts industry.
Is Advance Auto Parts' Piotroski F-Score too high?
Advance Auto Parts' current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 6.00. Advance Auto Parts' value of 7 is 16.7% above this industry median. Based on the distribution chart, Advance Auto Parts ranks #999999 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Advance Auto Parts has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advance Auto Parts' Piotroski F-Score compare to PHIN and VC?
According to the Vehicles & Parts industry distribution chart, Advance Auto Parts ranks #999999 out of 1306 companies for Piotroski F-Score. This places Advance Auto Parts in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Advance Auto Parts' value of 7 is 16.7% above this benchmark. Historically, Advance Auto Parts' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Advance Auto Parts 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 6.00, based on 1,306 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. Advance Auto Parts's current Piotroski F-Score of 7 is 16.7% 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 Advance Auto Parts and its competitors. For the Vehicles & Parts 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. Advance Auto Parts's current Piotroski F-Score is 7, which is 40% above 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 Advance Auto Parts stock overvalued right now?
Based on GuruFocus' analysis, Advance Auto Parts (BUE:AAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS5,849.76, compared to a current price of ARS4,982.50 — trading 14.8% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 16.7% above the Vehicles & Parts industry median of 6.00. Advance Auto Parts' overall GF Score™ is 47/100 with 4 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 Advance Auto Parts (BUE:AAP), the current Piotroski F-Score is 7 as of Sep. 05, 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 Advance Auto Parts (BUE:AAP) Overvalued in 2026?

Based on GuruFocus' analysis, Advance Auto Parts stock appears to be undervalued. The current stock price of ARS4,982.50 is trading 14.8% below its estimated GF Value™ of ARS5,849.76. GuruFocus considers Advance Auto Parts to be Modestly Undervalued.

Key valuation signals for BUE:AAP:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: ARS5,849.76 vs. price of ARS4,982.50 (14.8% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 16.7% above the Vehicles & Parts median (#999999 of 1306)

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


Advance Auto Parts Business Description

Address 4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.
47GF Score

Get the complete analysis for BUE:AAP

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

ARS4,982.50
Price
ARS5,849.76
GF Value