Orior AG (CHIX:ORONZ) Piotroski F-Score: 7 (As of Jul. 14, 2026) — 17% 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.

CHIX:ORONZ Orior AG CHIX:ORONZ
64 GF Score
Price CHF15.84
GF Value CHF51.74
Valuation Significantly Undervalued
! 9 Warning Signs
View Full Analysis

What is Orior AG Piotroski F-Score?

Orior AG CHIX:ORONZ -0.75% 64 Piotroski F-Score is 7 as of Jul. 14, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates CHIX:ORONZ with a GF Score™ of 64/100 and a GF Value™ of CHF51.74 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Orior AG ranks better than 88.4% 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

Orior AG 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 Orior AG's Piotroski F-Score or its related term are showing as below:

CHIX:ORONz' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Orior AG was 8. The lowest was 3. And the median was 6.

Orior AG  (CHIX:ORONz) 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.


Orior AG Piotroski F-Score Related Terms


Orior AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Orior AG'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.

Orior AG Piotroski F-Score Chart

Orior AG 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 8.00 7.00 6.00 3.00 7.00

Orior AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 6.00 0.00 3.00 0.00 7.00

CHIX:ORONZ vs KHC, GIS, HRL: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Orior AG'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.


Orior AG Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orior AG's Piotroski F-Score distribution charts can be found below:

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


CHIX:ORONZ
64GF Score
Orior AG CHIX:ORONZ
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 CHF9.4 Mil.
Cash Flow from Operations was CHF36.8 Mil.
Revenue was CHF622.9 Mil.
Gross Profit was CHF281.4 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (349.129 + 320.032) / 2 = CHF334.5805 Mil.
Total Assets at the begining of this year (Dec24) was CHF349.1 Mil.
Long-Term Debt & Capital Lease Obligation was CHF97.6 Mil.
Total Current Assets was CHF178.6 Mil.
Total Current Liabilities was CHF162.4 Mil.
Net Income was CHF-35.2 Mil.

Revenue was CHF642.1 Mil.
Gross Profit was CHF296.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (362.494 + 349.129) / 2 = CHF355.8115 Mil.
Total Assets at the begining of last year (Dec23) was CHF362.5 Mil.
Long-Term Debt & Capital Lease Obligation was CHF102.6 Mil.
Total Current Assets was CHF189.1 Mil.
Total Current Liabilities was CHF192.4 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.

Orior AG's current Net Income (TTM) was 9.4. ==> 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.

Orior AG's current Cash Flow from Operations (TTM) was 36.8. ==> 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 (Dec24)
=9.372/349.129
=0.02684395

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-35.184/362.494
=-0.09706092

Orior AG's return on assets of this year was 0.02684395. Orior AG's return on assets of last year was -0.09706092. ==> 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.

Orior AG's current Net Income (TTM) was 9.4. Orior AG's current Cash Flow from Operations (TTM) was 36.8. ==> 36.8 > 9.4 ==> 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
=97.6/334.5805
=0.29170857

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=102.6/355.8115
=0.28835493

Orior AG's gearing of this year was 0.29170857. Orior AG's gearing of last year was 0.28835493. ==> 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
=178.572/162.358
=1.09986573

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=189.093/192.419
=0.9827148

Orior AG's current ratio of this year was 1.09986573. Orior AG's current ratio of last year was 0.9827148. ==> 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.

Orior AG's number of shares in issue this year was 6.536. Orior AG's number of shares in issue last year was 6.536. ==> 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
=281.431/622.941
=0.45177794

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=296.562/642.08
=0.46187702

Orior AG's gross margin of this year was 0.45177794. Orior AG's gross margin of last year was 0.46187702. ==> 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 (Dec24)
=622.941/349.129
=1.78427172

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=642.08/362.494
=1.77128449

Orior AG's asset turnover of this year was 1.78427172. Orior AG's asset turnover of last year was 1.77128449. ==> 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+1+0+1
=7

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

Orior AG 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?
Orior AG (CHIX:ORONZ) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Orior AG and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Orior AG's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Orior AG ranks #222 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is Orior AG's Piotroski F-Score too high?
Orior AG's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Orior AG's value of 7 is 40% above this industry median. Based on the distribution chart, Orior AG ranks #222 out of 1914 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Orior AG has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orior AG's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Orior AG ranks #222 out of 1914 companies for Piotroski F-Score. This places Orior AG in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Orior AG's value of 7 is 40% above this benchmark. Historically, Orior AG's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Orior AG 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,914 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. Orior AG'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 Orior AG and its competitors. For the Consumer Packaged Goods 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. Orior AG's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orior AG stock overvalued right now?
Based on GuruFocus' analysis, Orior AG (CHIX:ORONZ) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF51.74, compared to a current price of CHF15.84 — trading 69.4% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Orior AG's overall GF Score™ is 64/100 with 9 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 Orior AG (CHIX:ORONZ), the current Piotroski F-Score is 7 as of Jul. 14, 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 Orior AG (CHIX:ORONZ) Overvalued in 2026?

Based on GuruFocus' analysis, Orior AG stock appears to be undervalued. The current stock price of CHF15.84 is trading 69.4% below its estimated GF Value™ of CHF51.74. GuruFocus considers Orior AG to be Significantly Undervalued.

Key valuation signals for CHIX:ORONZ:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: CHF51.74 vs. price of CHF15.84 (69.4% below fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#222 of 1914)

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


Orior AG Business Description

Address Dufourstrasse 101, Zurich, CHE, 8008
Orior AG is a food company. The company's operating segment includes Orior Convenience, Orior Refinement, and Orior International. The Orior Convenience segment produces ready-made meals, pates & terrines, fresh pasta, vegetarian & vegan specialties, cooked poultry & meat products, and all-natural organic vegetable & fruit juices. The Orior Refinement segment is focused on refined and processed meat products and produces traditional premium meat products & new interpretations in various categories from Bundnerfleisch and ham to salami and Mostbrockli. The majority is from the Orior Refinement segment.
64GF Score

Get the complete analysis for CHIX:ORONZ

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

CHF15.84
Price
CHF51.74
GF Value