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Crimson Wine GroupCWGL +1.22%56 Piotroski F-Score is 7 as of Aug. 17, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates CWGL with a GF Score™ of 56/100 and a GF Value™ of $5.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 207 Beverages - Alcoholic companies, Crimson Wine Group ranks better than 88.89% 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
Crimson Wine Group 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 Crimson Wine Group's Piotroski F-Score or its related term are showing as below:
CWGL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Crimson Wine Group was 9. The lowest was 3. And the median was 6.
Crimson Wine Group (OTCPK:CWGL) 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.
Crimson Wine Group Piotroski F-Score Related Terms
Crimson Wine Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Crimson Wine Group'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.
CWGL vs EPSM, WVVI, AMSS: Piotroski F-Score Comparison
For the Beverages - Wineries & Distilleries subindustry, Crimson Wine Group'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.
Crimson Wine Group Piotroski F-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Crimson Wine Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Crimson Wine Group'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.
Crimson Wine Group's current Net Income (TTM) was 0.70.
==> 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.
Crimson Wine Group's return on assets of this year was 0.00332113. Crimson Wine Group's return on assets of last year was 0.0013457.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Crimson Wine Group's gearing of this year was 0.15883209. Crimson Wine Group's gearing of last year was 0.06886613.
==> 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
Crimson Wine Group's current ratio of this year was 10.52535162. Crimson Wine Group's current ratio of last year was 9.80445648.
==> 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.
Crimson Wine Group's number of shares in issue this year was 20.586. Crimson Wine Group's number of shares in issue last year was 20.586.
==> 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.
Crimson Wine Group's gross margin of this year was 0.45397383. Crimson Wine Group's gross margin of last year was 0.46253683.
==> 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
Crimson Wine Group's asset turnover of this year was 0.34136412. Crimson Wine Group's asset turnover of last year was 0.33186191.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Crimson Wine Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Crimson Wine Group (CWGL) has a Piotroski F-Score of 7 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Crimson Wine Group and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Crimson Wine Group's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Crimson Wine Group ranks #23 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 11.1%.
Is Crimson Wine Group's Piotroski F-Score too high?
Crimson Wine Group'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 9.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Crimson Wine Group's value of 7 is 40% above this industry median. Based on the distribution chart, Crimson Wine Group ranks #23 out of 207 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Crimson Wine Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crimson Wine Group's Piotroski F-Score compare to EPSM and WVVI?
According to the Beverages - Alcoholic industry distribution chart, Crimson Wine Group ranks #23 out of 207 companies for Piotroski F-Score. This places Crimson Wine Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Crimson Wine Group's value of 7 is 40% above this benchmark. Historically, Crimson Wine Group'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, Crimson Wine Group 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 Beverages - Alcoholic company?
The median Piotroski F-Score among Beverages - Alcoholic companies is 5.00, based on 207 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. Crimson Wine Group'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 Crimson Wine Group and its competitors. For the Beverages - Alcoholic 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. Crimson Wine Group'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 Crimson Wine Group stock overvalued right now?
Based on GuruFocus' analysis, Crimson Wine Group (CWGL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.85, compared to a current price of $4.14 — trading 29.2% 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 Beverages - Alcoholic industry median of 5.00. Crimson Wine Group's overall GF Score™ is 56/100 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 Crimson Wine Group (CWGL), the current Piotroski F-Score is 7 as of Aug. 17, 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 Crimson Wine Group (CWGL) Overvalued in 2026?
Based on GuruFocus' analysis, Crimson Wine Group stock appears to be undervalued.
The current stock price of $4.14 is trading 29.2% below its estimated GF Value™ of $5.85.
GuruFocus considers Crimson Wine Group to be Modestly Undervalued.
Key valuation signals for CWGL:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: $5.85 vs. price of $4.14 (29.2% below fair value)
Industry Position: 40% above the Beverages - Alcoholic median (#23 of 207)
No single metric tells the full story. See the CWGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crimson Wine Group Ltd is engaged in the business of producing and selling luxury wines. Its operating segments are Wholesale net sales and direct-to-consumer and others. It generates revenues from sales of wine to wholesalers and directs to consumers, sales of bulk wine and grapes, custom winemaking services, special event fees, tasting fees, and retail sales. The company's wineries include wine brands of Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines.
56GF Score
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