CMGHF (Chaoda Modern Agriculture (Holdings)) Piotroski F-Score: 5 (As of Aug. 02, 2026) — Near Median

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CMGHF Chaoda Modern Agriculture (Holdings) Ltd CMGHF
37 GF Score
Price $0.03
GF Value $0.01
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Chaoda Modern Agriculture (Holdings) Piotroski F-Score?

Chaoda Modern Agriculture (Holdings) CMGHF 37 Piotroski F-Score is 5 as of Aug. 02, 2026, which is at its 10-year median of 5.00. GuruFocus rates CMGHF with a GF Scoreâ„¢ of 37/100 and a GF Valueâ„¢ of $0.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Chaoda Modern Agriculture (Holdings) ranks better than 51.28% on this metric.

The zones of discrimination were as such:

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

Chaoda Modern Agriculture (Holdings) has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score or its related term are showing as below:

CMGHF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Chaoda Modern Agriculture (Holdings) was 8. The lowest was 4. And the median was 5.

Chaoda Modern Agriculture (Holdings)  (OTCPK:CMGHF) 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.


Chaoda Modern Agriculture (Holdings) Piotroski F-Score Related Terms


Chaoda Modern Agriculture (Holdings) Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Chaoda Modern Agriculture (Holdings)'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.

Chaoda Modern Agriculture (Holdings) Piotroski F-Score Chart

Chaoda Modern Agriculture (Holdings) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 8.00 4.00 5.00

Chaoda Modern Agriculture (Holdings) 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 0.00 4.00 0.00 5.00 0.00

CMGHF vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Chaoda Modern Agriculture (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.


Chaoda Modern Agriculture (Holdings) Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score falls into.


CMGHF
37GF Score
Chaoda Modern Agriculture (Holdings) Ltd CMGHF
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $-2.04 Mil.
Cash Flow from Operations was $-0.61 Mil.
Revenue was $8.82 Mil.
Gross Profit was $2.68 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (32.303 + 29.759) / 2 = $31.031 Mil.
Total Assets at the begining of this year (Jun24) was $32.30 Mil.
Long-Term Debt & Capital Lease Obligation was $0.06 Mil.
Total Current Assets was $16.09 Mil.
Total Current Liabilities was $3.64 Mil.
Net Income was $-2.31 Mil.

Revenue was $10.27 Mil.
Gross Profit was $3.31 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (34.006 + 32.303) / 2 = $33.1545 Mil.
Total Assets at the begining of last year (Jun23) was $34.01 Mil.
Long-Term Debt & Capital Lease Obligation was $0.30 Mil.
Total Current Assets was $17.38 Mil.
Total Current Liabilities was $4.47 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.

Chaoda Modern Agriculture (Holdings)'s current Net Income (TTM) was -2.04. ==> 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.

Chaoda Modern Agriculture (Holdings)'s current Cash Flow from Operations (TTM) was -0.61. ==> Negative ==> Score 0.

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 (Jun24)
=-2.039/32.303
=-0.06312107

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-2.314/34.006
=-0.06804682

Chaoda Modern Agriculture (Holdings)'s return on assets of this year was -0.06312107. Chaoda Modern Agriculture (Holdings)'s return on assets of last year was -0.06804682. ==> 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.

Chaoda Modern Agriculture (Holdings)'s current Net Income (TTM) was -2.04. Chaoda Modern Agriculture (Holdings)'s current Cash Flow from Operations (TTM) was -0.61. ==> -0.61 > -2.04 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.063/31.031
=0.00203023

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0.3/33.1545
=0.00904855

Chaoda Modern Agriculture (Holdings)'s gearing of this year was 0.00203023. Chaoda Modern Agriculture (Holdings)'s gearing of last year was 0.00904855. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=16.087/3.637
=4.42315095

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=17.379/4.47
=3.88791946

Chaoda Modern Agriculture (Holdings)'s current ratio of this year was 4.42315095. Chaoda Modern Agriculture (Holdings)'s current ratio of last year was 3.88791946. ==> 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.

Chaoda Modern Agriculture (Holdings)'s number of shares in issue this year was 164.779. Chaoda Modern Agriculture (Holdings)'s number of shares in issue last year was 164.779. ==> 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
=2.675/8.824
=0.3031505

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.312/10.265
=0.32264978

Chaoda Modern Agriculture (Holdings)'s gross margin of this year was 0.3031505. Chaoda Modern Agriculture (Holdings)'s gross margin of last year was 0.32264978. ==> 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 (Jun24)
=8.824/32.303
=0.27316348

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=10.265/34.006
=0.3018585

Chaoda Modern Agriculture (Holdings)'s asset turnover of this year was 0.27316348. Chaoda Modern Agriculture (Holdings)'s asset turnover of last year was 0.3018585. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+1+1+1+1+0+0
=5

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

Chaoda Modern Agriculture (Holdings) has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Chaoda Modern Agriculture (Holdings) (CMGHF) has a Piotroski F-Score of 5 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Chaoda Modern Agriculture (Holdings) and its competitors. This is near median its historical median of 5.00. Over the past decade, Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Chaoda Modern Agriculture (Holdings) ranks #932 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 48.7%.
Is Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score too high?
Chaoda Modern Agriculture (Holdings)'s current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Chaoda Modern Agriculture (Holdings)'s value of 5 is 0% at this industry median. Based on the distribution chart, Chaoda Modern Agriculture (Holdings) ranks #932 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Chaoda Modern Agriculture (Holdings) has a GF Scoreâ„¢ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chaoda Modern Agriculture (Holdings)'s Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Chaoda Modern Agriculture (Holdings) ranks #932 out of 1913 companies for Piotroski F-Score. This puts Chaoda Modern Agriculture (Holdings) in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Chaoda Modern Agriculture (Holdings)'s value of 5 is 0% at this benchmark. Historically, Chaoda Modern Agriculture (Holdings)'s own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Chaoda Modern Agriculture (Holdings) has consistently been at 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 1,913 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. Chaoda Modern Agriculture (Holdings)'s current Piotroski F-Score of 5 is 0% at 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 Chaoda Modern Agriculture (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. Chaoda Modern Agriculture (Holdings)'s current Piotroski F-Score is 5, which is near 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 Chaoda Modern Agriculture (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Chaoda Modern Agriculture (Holdings) (CMGHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.03 — trading 231.9% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Chaoda Modern Agriculture (Holdings)'s overall GF Score™ is 37/100 with 2 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 Chaoda Modern Agriculture (Holdings) (CMGHF), the current Piotroski F-Score is 5 as of Aug. 02, 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 Chaoda Modern Agriculture (Holdings) (CMGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Chaoda Modern Agriculture (Holdings) stock appears to be overvalued. The current stock price of $0.03 is trading 231.9% above its estimated GF Value™ of $0.01. GuruFocus considers Chaoda Modern Agriculture (Holdings) to be Significantly Overvalued.

Key valuation signals for CMGHF:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $0.01 vs. price of $0.03 (231.9% above fair value)
  • GF Score™: 37/100 with 2 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#932 of 1913)

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


Chaoda Modern Agriculture (Holdings) Business Description

Other Exchanges 00682:Hong KongCHA0:Germany
Address 133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG
Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company. Along with its subsidiaries, it engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. Its product offerings include various vegetables and fruits such as broccoli, sweet corn, cabbage, pumpkin, lettuce, and tangerine, among others, which are sold under the Chaoda brand. The firm earns a majority of its revenue from the sales of crops in Hong Kong.
37GF Score

Get the complete analysis for CMGHF

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

$0.03
Price
$0.01
GF Value