Fuller Smith & Turner (CHIX:FSTAL) Piotroski F-Score: 7 (As of Jun. 24, 2026) — Near Median


CHIX:FSTAL Fuller Smith & Turner PLC CHIX:FSTAL
82 GF Score
Price £7.30
GF Value £7.55
Valuation Fairly Valued
! 7 Warning Signs
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What is Fuller Smith & Turner Piotroski F-Score?

Fuller Smith & Turner CHIX:FSTAL +5.19% 82 Piotroski F-Score is 7 as of Jun. 24, 2026, which is at its 10-year median of 7.00. GuruFocus rates CHIX:FSTAL with a GF Score™ of 82/100 and a GF Value™ of £7.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 357 Restaurants companies, Fuller Smith & Turner ranks better than 87.39% 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

Fuller Smith & Turner 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 Fuller Smith & Turner's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of Fuller Smith & Turner was 8. The lowest was 2. And the median was 7.

Fuller Smith & Turner  (CHIX:FSTAl) 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.


Fuller Smith & Turner Piotroski F-Score Related Terms


Fuller Smith & Turner Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fuller Smith & Turner'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.

Fuller Smith & Turner Piotroski F-Score Chart

Fuller Smith & Turner Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 7.00 8.00 7.00

Fuller Smith & Turner Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 7.00 0.00 8.00 0.00 7.00

CHIX:FSTAL vs MCD, SBUX, CMG: Piotroski F-Score Comparison

For the Restaurants subindustry, Fuller Smith & Turner'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.


Fuller Smith & Turner Piotroski F-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fuller Smith & Turner's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fuller Smith & Turner's Piotroski F-Score falls into.


CHIX:FSTAL
82GF Score
Fuller Smith & Turner PLC CHIX:FSTAL
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was £21.2 Mil.
Cash Flow from Operations was £79.5 Mil.
Revenue was £397.8 Mil.
Gross Profit was £161.0 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (701.9 + 702.9) / 2 = £702.4 Mil.
Total Assets at the begining of this year (Mar25) was £701.9 Mil.
Long-Term Debt & Capital Lease Obligation was £202.1 Mil.
Total Current Assets was £26.3 Mil.
Total Current Liabilities was £64.8 Mil.
Net Income was £27.2 Mil.

Revenue was £376.3 Mil.
Gross Profit was £149.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (722.6 + 701.9) / 2 = £712.25 Mil.
Total Assets at the begining of last year (Mar24) was £722.6 Mil.
Long-Term Debt & Capital Lease Obligation was £210.0 Mil.
Total Current Assets was £33.4 Mil.
Total Current Liabilities was £59.1 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.

Fuller Smith & Turner's current Net Income (TTM) was 21.2. ==> 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.

Fuller Smith & Turner's current Cash Flow from Operations (TTM) was 79.5. ==> 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 (Mar25)
=21.2/701.9
=0.03020373

ROA (Last Year)=Net Income/Total Assets (Mar24)
=27.2/722.6
=0.03764185

Fuller Smith & Turner's return on assets of this year was 0.03020373. Fuller Smith & Turner's return on assets of last year was 0.03764185. ==> 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.

Fuller Smith & Turner's current Net Income (TTM) was 21.2. Fuller Smith & Turner's current Cash Flow from Operations (TTM) was 79.5. ==> 79.5 > 21.2 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=202.1/702.4
=0.28772779

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=210/712.25
=0.29484029

Fuller Smith & Turner's gearing of this year was 0.28772779. Fuller Smith & Turner's gearing of last year was 0.29484029. ==> This year is lower or equal to last year. ==> Score 1.

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: Mar26)=Total Current Assets/Total Current Liabilities
=26.3/64.8
=0.4058642

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=33.4/59.1
=0.56514382

Fuller Smith & Turner's current ratio of this year was 0.4058642. Fuller Smith & Turner's current ratio of last year was 0.56514382. ==> Last year's current ratio is higher ==> Score 0.

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.

Fuller Smith & Turner's number of shares in issue this year was 54.94. Fuller Smith & Turner's number of shares in issue last year was 57.895. ==> 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
=161/397.8
=0.40472599

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=149.3/376.3
=0.39675791

Fuller Smith & Turner's gross margin of this year was 0.40472599. Fuller Smith & Turner's gross margin of last year was 0.39675791. ==> 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 (Mar25)
=397.8/701.9
=0.5667474

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=376.3/722.6
=0.52075837

Fuller Smith & Turner's asset turnover of this year was 0.5667474. Fuller Smith & Turner's asset turnover of last year was 0.52075837. ==> 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+1+0+1+1+1
=7

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

Fuller Smith & Turner 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?
Fuller Smith & Turner (CHIX:FSTAL) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fuller Smith & Turner and its competitors. This is near median its historical median of 7.00. Over the past decade, Fuller Smith & Turner's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Fuller Smith & Turner ranks #45 out of 357 companies in the Restaurants industry, placing it in the top 12.6%.
Is Fuller Smith & Turner's Piotroski F-Score too high?
Fuller Smith & Turner's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Restaurants industry median Piotroski F-Score is 5.00. Fuller Smith & Turner's value of 7 is 40% above this industry median. Based on the distribution chart, Fuller Smith & Turner ranks #45 out of 357 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Fuller Smith & Turner has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuller Smith & Turner's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Fuller Smith & Turner ranks #45 out of 357 companies for Piotroski F-Score. This places Fuller Smith & Turner in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fuller Smith & Turner's value of 7 is 40% above this benchmark. Historically, Fuller Smith & Turner's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Fuller Smith & Turner 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 357 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. Fuller Smith & Turner's current Piotroski F-Score of 7 is 40% 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 Fuller Smith & Turner and its competitors. For the Restaurants 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. Fuller Smith & Turner's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller Smith & Turner stock overvalued right now?
Based on GuruFocus' analysis, Fuller Smith & Turner (CHIX:FSTAL) is currently considered Fairly Valued. The stock's GF Value™ is £7.55, compared to a current price of £7.30 — trading 3.3% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Restaurants industry median of 5.00. Fuller Smith & Turner's overall GF Score™ is 82/100 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 Fuller Smith & Turner (CHIX:FSTAL), the current Piotroski F-Score is 7 as of Jun. 24, 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 Fuller Smith & Turner (CHIX:FSTAL) Overvalued in 2026?

Based on GuruFocus' analysis, Fuller Smith & Turner stock appears to be undervalued. The current stock price of £7.30 is trading 3.3% below its estimated GF Value™ of £7.55. GuruFocus considers Fuller Smith & Turner to be Fairly Valued.

Key valuation signals for CHIX:FSTAL:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: £7.55 vs. price of £7.30 (3.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 40% above the Restaurants median (#45 of 357)

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


Fuller Smith & Turner Business Description

Other Exchanges FTUAF:USAFSTA:UK54GW.PFD:UK
Address 86-93 Strand-on-the-Green, Pier House, London, GBR, W4 3NN
Fuller Smith & Turner PLC is a family-owned operator of pubs and hotels in the United Kingdom. The company functions through two segments: Managed Pubs and Hotels and Tenanted Inns. Managed Pubs and Hotels, which comprises managed pubs, managed hotels, Bel & The Dragon, and Cotswold Inns & Hotels. Tenanted Inns, comprises pubs operated by third parties under tenancy or lease agreements. Managed Pubs and Hotels segment generates majority of the revenue for the company. All of the Group's business is within the UK.
82GF Score

Get the complete analysis for CHIX:FSTAL

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

£7.30
Price
£7.55
GF Value