FMBRF (Famous Brands) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 20% Above Median


FMBRF Famous Brands Ltd FMBRF
84 GF Score
Price $3.05
GF Value $3.56
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Famous Brands Piotroski F-Score?

Famous Brands FMBRF 84 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FMBRF with a GF Score™ of 84/100 and a GF Value™ of $3.56 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 298 Retail - Defensive companies, Famous Brands ranks better than 70.81% 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

Famous Brands 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 Famous Brands's Piotroski F-Score or its related term are showing as below:

FMBRF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Famous Brands was 8. The lowest was 4. And the median was 5.

Famous Brands  (OTCPK:FMBRF) 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.


Famous Brands Piotroski F-Score Related Terms


Famous Brands Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Famous Brands'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.

Famous Brands Piotroski F-Score Chart

Famous Brands Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 5.00 5.00 6.00

Famous Brands Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 5.00 0.00 5.00 0.00 6.00

FMBRF vs SYY, USFD, PFGC: Piotroski F-Score Comparison

For the Food Distribution subindustry, Famous Brands'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.


Famous Brands Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Famous Brands's Piotroski F-Score distribution charts can be found below:

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


FMBRF
84GF Score
Famous Brands Ltd FMBRF
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was $37.6 Mil.
Cash Flow from Operations was $25.4 Mil.
Revenue was $546.7 Mil.
Gross Profit was $230.2 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (196.972 + 223.513) / 2 = $210.2425 Mil.
Total Assets at the begining of this year (Feb25) was $197.0 Mil.
Long-Term Debt & Capital Lease Obligation was $72.4 Mil.
Total Current Assets was $97.8 Mil.
Total Current Liabilities was $53.6 Mil.
Net Income was $29.6 Mil.

Revenue was $448.2 Mil.
Gross Profit was $191.9 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (186.814 + 196.972) / 2 = $191.893 Mil.
Total Assets at the begining of last year (Feb24) was $186.8 Mil.
Long-Term Debt & Capital Lease Obligation was $61.2 Mil.
Total Current Assets was $90.1 Mil.
Total Current Liabilities was $60.9 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.

Famous Brands's current Net Income (TTM) was 37.6. ==> 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.

Famous Brands's current Cash Flow from Operations (TTM) was 25.4. ==> 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 (Feb25)
=37.591/196.972
=0.19084438

ROA (Last Year)=Net Income/Total Assets (Feb24)
=29.635/186.814
=0.15863372

Famous Brands's return on assets of this year was 0.19084438. Famous Brands's return on assets of last year was 0.15863372. ==> 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.

Famous Brands's current Net Income (TTM) was 37.6. Famous Brands's current Cash Flow from Operations (TTM) was 25.4. ==> 25.4 <= 37.6 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=72.448/210.2425
=0.34459255

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=61.218/191.893
=0.31902154

Famous Brands's gearing of this year was 0.34459255. Famous Brands's gearing of last year was 0.31902154. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=97.846/53.628
=1.82453196

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=90.064/60.885
=1.47924776

Famous Brands's current ratio of this year was 1.82453196. Famous Brands's current ratio of last year was 1.47924776. ==> 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.

Famous Brands's number of shares in issue this year was 100.313. Famous Brands's number of shares in issue last year was 100.364. ==> 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
=230.192/546.728
=0.42103569

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=191.864/448.234
=0.42804428

Famous Brands's gross margin of this year was 0.42103569. Famous Brands's gross margin of last year was 0.42804428. ==> 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 (Feb25)
=546.728/196.972
=2.77566355

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=448.234/186.814
=2.39935979

Famous Brands's asset turnover of this year was 2.77566355. Famous Brands's asset turnover of last year was 2.39935979. ==> 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+1+0+0+1+1+0+1
=6

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

Famous Brands 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?
Famous Brands (FMBRF) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Famous Brands and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Famous Brands' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Famous Brands ranks #87 out of 298 companies in the Retail - Defensive industry, placing it in the top 29.2%.
Is Famous Brands' Piotroski F-Score too high?
Famous Brands' current Piotroski F-Score of 6 is 20% above 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 Retail - Defensive industry median Piotroski F-Score is 6.00. Famous Brands' value of 6 is 0% at this industry median. Based on the distribution chart, Famous Brands ranks #87 out of 298 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Famous Brands has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Famous Brands' Piotroski F-Score compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Famous Brands ranks #87 out of 298 companies for Piotroski F-Score. This puts Famous Brands in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Famous Brands' value of 6 is 0% at this benchmark. Historically, Famous Brands' 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 6.00, Famous Brands 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 298 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. Famous Brands's current Piotroski F-Score of 6 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 Famous Brands and its competitors. For the Retail - Defensive industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Famous Brands's current Piotroski F-Score is 6, which is 20% above 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 Famous Brands stock overvalued right now?
Based on GuruFocus' analysis, Famous Brands (FMBRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.56, compared to a current price of $3.05 — trading 14.5% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Retail - Defensive industry median of 6.00. Famous Brands' overall GF Score™ is 84/100 with 1 warning sign 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 Famous Brands (FMBRF), the current Piotroski F-Score is 6 as of Jun. 25, 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 Famous Brands (FMBRF) Overvalued in 2026?

Based on GuruFocus' analysis, Famous Brands stock appears to be undervalued. The current stock price of $3.05 is trading 14.5% below its estimated GF Value™ of $3.56. GuruFocus considers Famous Brands to be Modestly Undervalued.

Key valuation signals for FMBRF:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $3.56 vs. price of $3.05 (14.5% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 0% at the Retail - Defensive median (#87 of 298)

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


Famous Brands Business Description

Other Exchanges FBR:South Africa
Address 478 James Crescent, P.O. Box 2884, Halfway House, Midrand, GT, ZAF, 1685
Famous Brands Ltd owns a portfolio of roughly 30 restaurant chains in Africa and the United Kingdom. Its brands include Steers, Wimpy, Debonairs Pizza, Fishaways, Mr Biggs, and Mugg & Bean. Franchisees operate all of the company's restaurants. The majority of the company's revenue comes from its supply chain segment, which is responsible for manufacturing restaurant items and delivering the products to the company's franchisees and other customers. More than three-quarters of company's restaurants are in South Africa. The company operates in South America, SADC, AME, and the UK.
84GF Score

Get the complete analysis for FMBRF

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

$3.05
Price
$3.56
GF Value