Baladna QPSC (DSMD:BLDN) Piotroski F-Score: 5 (As of Aug. 30, 2026) — 17% Below Median

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DSMD:BLDN Baladna QPSC DSMD:BLDN
90 GF Score
Price ر.ق1.24
GF Value ر.ق1.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Baladna QPSC Piotroski F-Score?

Baladna QPSC DSMD:BLDN -0.40% 90 Piotroski F-Score is 5 as of Aug. 30, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates DSMD:BLDN with a GF Score™ of 90/100 and a GF Value™ of ر.ق1.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,925 Consumer Packaged Goods companies, Baladna QPSC ranks better than 52% 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

Baladna QPSC 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 Baladna QPSC's Piotroski F-Score or its related term are showing as below:

DSMD:BLDN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 5

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

Baladna QPSC  (DSMD:BLDN) 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.


Baladna QPSC Piotroski F-Score Related Terms


Baladna QPSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Baladna QPSC'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.

Baladna QPSC Piotroski F-Score Chart

Baladna QPSC Annual Data
Trend Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 3.00 5.00 4.00 7.00 7.00

Baladna QPSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 7.00 7.00 5.00

DSMD:BLDN vs KHC, GIS, HRL: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Baladna QPSC'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.


Baladna QPSC Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


DSMD:BLDN
90GF Score
Baladna QPSC DSMD:BLDN
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 50.335 + 158.391 + 61.496 + 303.118 = ر.ق573 Mil.
Cash Flow from Operations was 65.361 + 0.063 + 75.301 + 126.276 = ر.ق267 Mil.
Revenue was 298.865 + 326.474 + 329.985 + 329.438 = ر.ق1,285 Mil.
Gross Profit was 71.705 + 91.522 + 106.281 + 88.012 = ر.ق358 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(5248.523 + 5634.603 + 6108.265 + 6270.561 + 7146.494) / 5 = ر.ق6081.6892 Mil.
Total Assets at the begining of this year (Jun25) was ر.ق5,249 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ق2,569 Mil.
Total Current Assets was ر.ق1,104 Mil.
Total Current Liabilities was ر.ق728 Mil.
Net Income was 40.594 + 43.998 + 58.231 + 272.779 = ر.ق416 Mil.

Revenue was 264.367 + 286.199 + 330.521 + 311.987 = ر.ق1,193 Mil.
Gross Profit was 59.296 + 58.591 + 87.041 + 79.511 = ر.ق284 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(4812.436 + 4867.975 + 4900.761 + 5056.169 + 5248.523) / 5 = ر.ق4977.1728 Mil.
Total Assets at the begining of last year (Jun24) was ر.ق4,812 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ق1,730 Mil.
Total Current Assets was ر.ق827 Mil.
Total Current Liabilities was ر.ق733 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.

Baladna QPSC's current Net Income (TTM) was 573. ==> 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.

Baladna QPSC's current Cash Flow from Operations (TTM) was 267. ==> 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 (Jun25)
=573.34/5248.523
=0.10923835

ROA (Last Year)=Net Income/Total Assets (Jun24)
=415.602/4812.436
=0.08636001

Baladna QPSC's return on assets of this year was 0.10923835. Baladna QPSC's return on assets of last year was 0.08636001. ==> 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.

Baladna QPSC's current Net Income (TTM) was 573. Baladna QPSC's current Cash Flow from Operations (TTM) was 267. ==> 267 <= 573 ==> CFROA <= ROA ==> Score 0.

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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=2569.306/6081.6892
=0.42246585

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=1729.64/4977.1728
=0.34751456

Baladna QPSC's gearing of this year was 0.42246585. Baladna QPSC's gearing of last year was 0.34751456. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=1104.408/728.148
=1.51673561

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=827.406/732.642
=1.12934557

Baladna QPSC's current ratio of this year was 1.51673561. Baladna QPSC's current ratio of last year was 1.12934557. ==> 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.

Baladna QPSC's number of shares in issue this year was 2236.974. Baladna QPSC's number of shares in issue last year was 2077.251. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=357.52/1284.762
=0.27827722

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=284.439/1193.074
=0.23840851

Baladna QPSC's gross margin of this year was 0.27827722. Baladna QPSC's gross margin of last year was 0.23840851. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=1284.762/5248.523
=0.24478544

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1193.074/4812.436
=0.24791478

Baladna QPSC's asset turnover of this year was 0.24478544. Baladna QPSC's asset turnover of last year was 0.24791478. ==> 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
=1+1+1+0+0+1+0+1+0
=5

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

Baladna QPSC 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?
Baladna QPSC (DSMD:BLDN) has a Piotroski F-Score of 5 as of Aug. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Baladna QPSC and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Baladna QPSC's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Baladna QPSC ranks #924 out of 1925 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Baladna QPSC's Piotroski F-Score too high?
Baladna QPSC's current Piotroski F-Score of 5 is 17% below 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. Baladna QPSC's value of 5 is 0% at this industry median. Based on the distribution chart, Baladna QPSC ranks #924 out of 1925 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Baladna QPSC has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baladna QPSC's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Baladna QPSC ranks #924 out of 1925 companies for Piotroski F-Score. This puts Baladna QPSC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Baladna QPSC's value of 5 is 0% at this benchmark. Historically, Baladna QPSC'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, Baladna QPSC 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 1,925 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. Baladna QPSC'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 Baladna QPSC 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. Baladna QPSC's current Piotroski F-Score is 5, which is 17% below 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 Baladna QPSC stock overvalued right now?
Based on GuruFocus' analysis, Baladna QPSC (DSMD:BLDN) is currently considered Fairly Valued. The stock's GF Value™ is ر.ق1.29, compared to a current price of ر.ق1.24 — trading 3.6% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Baladna QPSC's overall GF Score™ is 90/100 with 7 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 Baladna QPSC (DSMD:BLDN), the current Piotroski F-Score is 5 as of Aug. 30, 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 Baladna QPSC (DSMD:BLDN) Overvalued in 2026?

Based on GuruFocus' analysis, Baladna QPSC stock appears to be undervalued. The current stock price of ر.ق1.24 is trading 3.6% below its estimated GF Value™ of ر.ق1.29. GuruFocus considers Baladna QPSC to be Fairly Valued.

Key valuation signals for DSMD:BLDN:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ر.ق1.29 vs. price of ر.ق1.24 (3.6% below fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#924 of 1925)

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


Baladna QPSC Business Description

Address Al Shamal Road, Exit 44, P.O Box 3382, Um Alhawaya Farm, Al Khor & Al Thakhira, Doha, QAT
Baladna QPSC is an agricultural company based in Qatar, engaged in the production and sale of dairy products. The products offered by the company include fresh milk, long life milk, yogurt, chilled juice, cheese, labneh, cream, and other products under the Awafi and Baladna brands.
90GF Score

Get the complete analysis for DSMD:BLDN

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

ر.ق1.24
Price
ر.ق1.29
GF Value