COO (The Cooper) Piotroski F-Score: 6 (As of Jun. 24, 2026) — Near Median


COO The Cooper Companies Inc COO
85 GF Score
Price $68.86
GF Value $100.85
Valuation Significantly Undervalued
! 3 Warning Signs
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What is The Cooper Piotroski F-Score?

The Cooper COO +4.04% 85 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates COO with a GF Score™ of 85/100 and a GF Value™ of $100.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 805 Medical Devices & Instruments companies, The Cooper ranks better than 80.87% 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

The Cooper has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

COO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of The Cooper was 9. The lowest was 3. And the median was 6.

The Cooper  (NAS:COO) 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.


The Cooper Piotroski F-Score Related Terms


The Cooper Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Cooper'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.

The Cooper Piotroski F-Score Chart

The Cooper Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 5.00 8.00 5.00

The Cooper Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 8.00 9.00 5.00 6.00 6.00

COO vs ALGN, SOLV, BAX: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, The Cooper'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.


The Cooper Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, The Cooper's Piotroski F-Score distribution charts can be found below:

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


COO
85GF Score
The Cooper Companies Inc COO
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 98.3 + 84.6 + 130.8 + -77.9 = $236 Mil.
Cash Flow from Operations was 261.4 + 247.9 + 260.9 + 182.8 = $953 Mil.
Revenue was 1060.3 + 1065.1 + 1024.1 + 1081.5 = $4,231 Mil.
Gross Profit was 692 + 650.8 + 695.2 + 735.4 = $2,773 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(12413.6 + 12376.7 + 12394.8 + 12424.2 + 12482.3) / 5 = $12418.32 Mil.
Total Assets at the begining of this year (Apr25) was $12,414 Mil.
Long-Term Debt & Capital Lease Obligation was $1,861 Mil.
Total Current Assets was $2,300 Mil.
Total Current Liabilities was $1,805 Mil.
Net Income was 104.7 + 117.5 + 104.3 + 87.7 = $414 Mil.

Revenue was 1002.8 + 1018.4 + 964.7 + 1002.3 = $3,988 Mil.
Gross Profit was 663 + 677.7 + 660.2 + 679.1 = $2,680 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(12047.4 + 12108 + 12315.2 + 12222.2 + 12413.6) / 5 = $12221.28 Mil.
Total Assets at the begining of last year (Apr24) was $12,047 Mil.
Long-Term Debt & Capital Lease Obligation was $2,526 Mil.
Total Current Assets was $2,126 Mil.
Total Current Liabilities was $1,013 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.

The Cooper's current Net Income (TTM) was 236. ==> 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.

The Cooper's current Cash Flow from Operations (TTM) was 953. ==> 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 (Apr25)
=235.8/12413.6
=0.0189953

ROA (Last Year)=Net Income/Total Assets (Apr24)
=414.2/12047.4
=0.03438086

The Cooper's return on assets of this year was 0.0189953. The Cooper's return on assets of last year was 0.03438086. ==> 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.

The Cooper's current Net Income (TTM) was 236. The Cooper's current Cash Flow from Operations (TTM) was 953. ==> 953 > 236 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=1861.3/12418.32
=0.1498834

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=2525.6/12221.28
=0.20665593

The Cooper's gearing of this year was 0.1498834. The Cooper's gearing of last year was 0.20665593. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=2299.8/1804.7
=1.27433923

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=2125.7/1012.5
=2.09945679

The Cooper's current ratio of this year was 1.27433923. The Cooper's current ratio of last year was 2.09945679. ==> 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.

The Cooper's number of shares in issue this year was 195. The Cooper's number of shares in issue last year was 200.7. ==> 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
=2773.4/4231
=0.65549515

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2680/3988.2
=0.67198235

The Cooper's gross margin of this year was 0.65549515. The Cooper's gross margin of last year was 0.67198235. ==> 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 (Apr25)
=4231/12413.6
=0.34083586

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=3988.2/12047.4
=0.33104238

The Cooper's asset turnover of this year was 0.34083586. The Cooper's asset turnover of last year was 0.33104238. ==> 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+0+1
=6

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

The Cooper has an F-score of 6 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 6 mean?
The Cooper (COO) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Cooper and its competitors. This is near median its historical median of 6.00. Over the past decade, The Cooper's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, The Cooper ranks #154 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 19.1%.
Is The Cooper's Piotroski F-Score too high?
The Cooper's current Piotroski F-Score of 6 is near 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 9.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. The Cooper's value of 6 is 20% above this industry median. Based on the distribution chart, The Cooper ranks #154 out of 805 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, The Cooper has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Cooper's Piotroski F-Score compare to ALGN and SOLV?
According to the Medical Devices & Instruments industry distribution chart, The Cooper ranks #154 out of 805 companies for Piotroski F-Score. This places The Cooper in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The Cooper's value of 6 is 20% above this benchmark. Historically, The Cooper's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, The Cooper 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 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. The Cooper's current Piotroski F-Score of 6 is 20% 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 The Cooper and its competitors. For the Medical Devices & Instruments 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. The Cooper's current Piotroski F-Score is 6, which is near 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 The Cooper stock overvalued right now?
Based on GuruFocus' analysis, The Cooper (COO) is currently considered Significantly Undervalued. The stock's GF Value™ is $100.85, compared to a current price of $68.86 — trading 31.7% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Medical Devices & Instruments industry median of 5.00. The Cooper's overall GF Score™ is 85/100 with 3 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 The Cooper (COO), the current Piotroski F-Score is 6 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 The Cooper (COO) Overvalued in 2026?

Based on GuruFocus' analysis, The Cooper stock appears to be undervalued. The current stock price of $68.86 is trading 31.7% below its estimated GF Value™ of $100.85. GuruFocus considers The Cooper to be Significantly Undervalued.

Key valuation signals for COO:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $100.85 vs. price of $68.86 (31.7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 20% above the Medical Devices & Instruments median (#154 of 805)

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


The Cooper Business Description

Address 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, USA, 94583
CooperCompanies is one of the largest eyecare companies in the US. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business with a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and Clariti, Cooper controls roughly one fourth of the US contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the US, and controls 17% of the US IUD market.
85GF Score

Get the complete analysis for COO

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

$68.86
Price
$100.85
GF Value