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China Modern Dairy HoldingsCMDKF 57 Piotroski F-Score is 7 as of Sep. 01, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates CMDKF with a GF Score™ of 57/100 and a GF Value™ of $0.14. The stock has 10 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, China Modern Dairy Holdings ranks better than 89.13% 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
China Modern Dairy Holdings 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 China Modern Dairy Holdings's Piotroski F-Score or its related term are showing as below:
CMDKF'
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 China Modern Dairy Holdings was 8. The lowest was 3. And the median was 6.
China Modern Dairy Holdings (OTCPK:CMDKF) 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.
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.
China Modern Dairy Holdings Piotroski F-Score Related Terms
China Modern Dairy Holdings Piotroski F-Score Historical Data
* 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.
China Modern Dairy Holdings Piotroski F-Score Chart
CMDKF vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, China Modern Dairy Holdings'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.
China Modern Dairy Holdings Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Modern Dairy Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where China Modern Dairy Holdings'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.
*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.
China Modern Dairy Holdings's current Net Income (TTM) was -160.
==> 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.
China Modern Dairy Holdings's current Cash Flow from Operations (TTM) was 355.
==> 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.
China Modern Dairy Holdings's return on assets of this year was -0.03437426. China Modern Dairy Holdings's return on assets of last year was -0.04425689.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Modern Dairy Holdings's gearing of this year was 0.41010858. China Modern Dairy Holdings's gearing of last year was 0.41530246.
==> 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
China Modern Dairy Holdings's current ratio of this year was 0.96123601. China Modern Dairy Holdings's current ratio of last year was 0.93614374.
==> 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.
China Modern Dairy Holdings's number of shares in issue this year was 7830.371. China Modern Dairy Holdings's number of shares in issue last year was 7837.195.
==> 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.
China Modern Dairy Holdings's gross margin of this year was 0.27414716. China Modern Dairy Holdings's gross margin of last year was 0.26040277.
==> 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
China Modern Dairy Holdings's asset turnover of this year was 0.38377743. China Modern Dairy Holdings's asset turnover of last year was 0.41404284.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Modern Dairy Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
China Modern Dairy Holdings (CMDKF) has a Piotroski F-Score of 7 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Modern Dairy Holdings and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, China Modern Dairy Holdings' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, China Modern Dairy Holdings ranks #209 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 10.9%.
Is China Modern Dairy Holdings' Piotroski F-Score too high?
China Modern Dairy Holdings' 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. China Modern Dairy Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, China Modern Dairy Holdings ranks #209 out of 1923 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, China Modern Dairy Holdings has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does China Modern Dairy Holdings' Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, China Modern Dairy Holdings ranks #209 out of 1923 companies for Piotroski F-Score. This places China Modern Dairy Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Modern Dairy Holdings' value of 7 is 40% above this benchmark. Historically, China Modern Dairy Holdings' 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, China Modern Dairy Holdings 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 1,923 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. China Modern Dairy Holdings'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 China Modern Dairy Holdings 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. China Modern Dairy Holdings'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 China Modern Dairy Holdings stock overvalued right now?
China Modern Dairy Holdings (CMDKF) has a current Piotroski F-Score of 7. The stock's GF Value™ is $0.14, compared to a current price of $0.22 — trading 57.1% above 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. China Modern Dairy Holdings' overall GF Score™ is 57/100 with 10 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 China Modern Dairy Holdings (CMDKF), the current Piotroski F-Score is 7 as of Sep. 01, 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 China Modern Dairy Holdings (CMDKF) Overvalued in 2026?
Based on GuruFocus' analysis, China Modern Dairy Holdings stock appears to be overvalued.
The current stock price of $0.22 is trading 57.1% above its estimated GF Value™ of $0.14.
Key valuation signals for CMDKF:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: $0.14 vs. price of $0.22 (57.1% above fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#209 of 1923)
No single metric tells the full story. See the CMDKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Modern Dairy Holdings Ltd operates in the Chinese food industry. The business of the company includes the production of raw milk, and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products, Liquid Milk, ice cream, formula milk and other dairy products business, which relates to its sale of liquid milk products. It also engaged in new business areas such as feed business, intelligent e-commerce platforms, and forage grass planting. The segments of the company are the Raw milk business and the integrated dairy farming solutions business. The company generates the majority of its revenue from the Raw milk business that engages in raising and breeding dairy cows to produce and sell raw milk.
57GF Score
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