EDBL (Edible Garden AG) Piotroski F-Score: 2 (As of Sep. 09, 2026) — 33% Below Median

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EDBL Edible Garden AG Inc EDBL
13 GF Score
Price $1.42
! 7 Warning Signs
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What is Edible Garden AG Piotroski F-Score?

Edible Garden AG EDBL -1.05% 13 Piotroski F-Score is 2 as of Sep. 09, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates EDBL with a GF Score™ of 13/100. The stock has 7 warning signs investors should review. Among 1,945 Consumer Packaged Goods companies, Edible Garden AG ranks worse than 94.34% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Edible Garden AG has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

EDBL' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 6
Current: 2

During the past 6 years, the highest Piotroski F-Score of Edible Garden AG was 6. The lowest was 2. And the median was 3.

Edible Garden AG  (NAS:EDBL) 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.


Edible Garden AG Piotroski F-Score Related Terms


Edible Garden AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Edible Garden AG'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.

Edible Garden AG Piotroski F-Score Chart

Edible Garden AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 6.00 5.00 3.00

Edible Garden AG 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 3.00 3.00 3.00 2.00 2.00

EDBL vs DTCKF, AGRZ, SHMP: Piotroski F-Score Comparison

For the Farm Products subindustry, Edible Garden AG'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.


Edible Garden AG Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


EDBL
13GF Score
Edible Garden AG Inc EDBL
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 -4.045 + -5.92 + -3.669 + -3.259 = $-16.89 Mil.
Cash Flow from Operations was -2.378 + -2.662 + 0.251 + 0.644 = $-4.15 Mil.
Revenue was 2.817 + 4.129 + 3.341 + 3.55 = $13.84 Mil.
Gross Profit was 0.273 + -1.199 + -1.049 + 0.595 = $-1.38 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(21.814 + 20.132 + 20.596 + 17.479 + 27.707) / 5 = $21.5456 Mil.
Total Assets at the begining of this year (Jun25) was $21.81 Mil.
Long-Term Debt & Capital Lease Obligation was $12.83 Mil.
Total Current Assets was $6.76 Mil.
Total Current Liabilities was $9.31 Mil.
Net Income was -2.063 + -3.079 + -3.324 + -4.043 = $-12.51 Mil.

Revenue was 2.584 + 3.872 + 2.718 + 3.146 = $12.32 Mil.
Gross Profit was 0.699 + 0.023 + -0.071 + 0.634 = $1.29 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(9.883 + 8.863 + 11.915 + 8.535 + 21.814) / 5 = $12.202 Mil.
Total Assets at the begining of last year (Jun24) was $9.88 Mil.
Long-Term Debt & Capital Lease Obligation was $1.27 Mil.
Total Current Assets was $5.89 Mil.
Total Current Liabilities was $3.95 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.

Edible Garden AG's current Net Income (TTM) was -16.89. ==> 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.

Edible Garden AG's current Cash Flow from Operations (TTM) was -4.15. ==> 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 (Jun25)
=-16.893/21.814
=-0.77441093

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-12.509/9.883
=-1.26570879

Edible Garden AG's return on assets of this year was -0.77441093. Edible Garden AG's return on assets of last year was -1.26570879. ==> 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.

Edible Garden AG's current Net Income (TTM) was -16.89. Edible Garden AG's current Cash Flow from Operations (TTM) was -4.15. ==> -4.15 > -16.89 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=12.827/21.5456
=0.59534197

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=1.268/12.202
=0.10391739

Edible Garden AG's gearing of this year was 0.59534197. Edible Garden AG's gearing of last year was 0.10391739. ==> 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
=6.76/9.307
=0.72633502

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=5.889/3.954
=1.48937785

Edible Garden AG's current ratio of this year was 0.72633502. Edible Garden AG's current ratio of last year was 1.48937785. ==> 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.

Edible Garden AG's number of shares in issue this year was 0.18. Edible Garden AG's number of shares in issue last year was 0.005. ==> 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
=-1.38/13.837
=-0.0997326

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.285/12.32
=0.10430195

Edible Garden AG's gross margin of this year was -0.0997326. Edible Garden AG's gross margin of last year was 0.10430195. ==> 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 (Jun25)
=13.837/21.814
=0.63431741

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=12.32/9.883
=1.24658505

Edible Garden AG's asset turnover of this year was 0.63431741. Edible Garden AG's asset turnover of last year was 1.24658505. ==> 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+0+0+0+0+0
=2

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

Edible Garden AG has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Edible Garden AG (EDBL) has a Piotroski F-Score of 2 as of Sep. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Edible Garden AG and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Edible Garden AG's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Edible Garden AG ranks #1835 out of 1945 companies in the Consumer Packaged Goods industry, placing it in the top 94.3%.
Is Edible Garden AG's Piotroski F-Score too high?
Edible Garden AG's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Edible Garden AG's value of 2 is 60% below this industry median. Based on the distribution chart, Edible Garden AG ranks #1835 out of 1945 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Edible Garden AG has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Edible Garden AG's Piotroski F-Score compare to DTCKF and AGRZ?
According to the Consumer Packaged Goods industry distribution chart, Edible Garden AG ranks #1835 out of 1945 companies for Piotroski F-Score. This places Edible Garden AG in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Edible Garden AG's value of 2 is 60% below this benchmark. Historically, Edible Garden AG's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Edible Garden AG has consistently been below 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 1,945 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. Edible Garden AG's current Piotroski F-Score of 2 is 60% below 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 Edible Garden AG 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. Edible Garden AG's current Piotroski F-Score is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edible Garden AG stock overvalued right now?
Edible Garden AG (EDBL) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Edible Garden AG's overall GF Score™ is 13/100 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 Edible Garden AG (EDBL), the current Piotroski F-Score is 2 as of Sep. 09, 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.

Edible Garden AG Business Description

Address 283 County Road 519, Belvidere, NJ, USA, 07823
Edible Garden AG Inc is a next-generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces. Company provides two principal product segments: (i) fresh produce, including cut herbs, hydroponic basil, potted herbs, and wheatgrass; and (ii) shelf-stable and refrigerated consumer packaged goods, including sports nutrition and nutraceuticals.
13GF Score

Get the complete analysis for EDBL

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

$1.42
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