MSC Industrial Direct Co (FRA:98M) Piotroski F-Score: 6 (As of Jul. 04, 2026) — Near Median


FRA:98M MSC Industrial Direct Co Inc FRA:98M
81 GF Score
Price €106.70
GF Value €79.79
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MSC Industrial Direct Co Piotroski F-Score?

MSC Industrial Direct Co FRA:98M -0.84% 81 Piotroski F-Score is 6 as of Jul. 04, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:98M with a GF Score™ of 81/100 and a GF Value™ of €79.79 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 149 Industrial Distribution companies, MSC Industrial Direct Co ranks better than 69.8% 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

MSC Industrial Direct Co 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 MSC Industrial Direct Co's Piotroski F-Score or its related term are showing as below:

FRA:98M' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of MSC Industrial Direct Co was 7. The lowest was 3. And the median was 6.

MSC Industrial Direct Co  (FRA:98M) 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.


MSC Industrial Direct Co Piotroski F-Score Related Terms


MSC Industrial Direct Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MSC Industrial Direct Co'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.

MSC Industrial Direct Co Piotroski F-Score Chart

MSC Industrial Direct Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 4.00 6.00 6.00

MSC Industrial Direct Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 6.00 6.00 5.00 6.00

FRA:98M vs POOL, XMTR, SITE: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, MSC Industrial Direct Co'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.


MSC Industrial Direct Co Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's Piotroski F-Score falls into.


FRA:98M
81GF Score
MSC Industrial Direct Co Inc FRA:98M
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 (May26) TTM:Last Year (May25) TTM:
Net Income was 48.573 + 44.81 + 35.941 + 68.79 = €198 Mil.
Cash Flow from Operations was 68.94 + 25.441 + 79.861 + 87.077 = €261 Mil.
Revenue was 840.252 + 835.317 + 776.437 + 896.303 = €3,348 Mil.
Gross Profit was 339.287 + 339.666 + 319.439 + 368.427 = €1,367 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was
(2195.852 + 2114.913 + 2151.312 + 2073.391 + 2136.286) / 5 = €2134.3508 Mil.
Total Assets at the begining of this year (May25) was €2,196 Mil.
Long-Term Debt & Capital Lease Obligation was €99 Mil.
Total Current Assets was €1,093 Mil.
Total Current Liabilities was €706 Mil.
Net Income was 50.513 + 43.919 + 37.741 + 50.422 = €183 Mil.

Revenue was 863.722 + 874.632 + 856.048 + 861.406 = €3,456 Mil.
Gross Profit was 354.281 + 356.252 + 350.621 + 352.794 = €1,414 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was
(2282.709 + 2233.318 + 2330.058 + 2363.691 + 2195.852) / 5 = €2281.1256 Mil.
Total Assets at the begining of last year (May24) was €2,283 Mil.
Long-Term Debt & Capital Lease Obligation was €281 Mil.
Total Current Assets was €1,097 Mil.
Total Current Liabilities was €571 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.

MSC Industrial Direct Co's current Net Income (TTM) was 198. ==> 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.

MSC Industrial Direct Co's current Cash Flow from Operations (TTM) was 261. ==> 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 (May25)
=198.114/2195.852
=0.09022193

ROA (Last Year)=Net Income/Total Assets (May24)
=182.595/2282.709
=0.07999048

MSC Industrial Direct Co's return on assets of this year was 0.09022193. MSC Industrial Direct Co's return on assets of last year was 0.07999048. ==> 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.

MSC Industrial Direct Co's current Net Income (TTM) was 198. MSC Industrial Direct Co's current Cash Flow from Operations (TTM) was 261. ==> 261 > 198 ==> 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: May26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May25 to May26
=99.043/2134.3508
=0.04640427

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=281.37/2281.1256
=0.123347

MSC Industrial Direct Co's gearing of this year was 0.04640427. MSC Industrial Direct Co's gearing of last year was 0.123347. ==> 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: May26)=Total Current Assets/Total Current Liabilities
=1092.898/705.971
=1.54807775

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=1097.009/571.463
=1.91965009

MSC Industrial Direct Co's current ratio of this year was 1.54807775. MSC Industrial Direct Co's current ratio of last year was 1.91965009. ==> 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.

MSC Industrial Direct Co's number of shares in issue this year was 55.99. MSC Industrial Direct Co's number of shares in issue last year was 55.765. ==> 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
=1366.819/3348.309
=0.40821173

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1413.948/3455.808
=0.4091512

MSC Industrial Direct Co's gross margin of this year was 0.40821173. MSC Industrial Direct Co's gross margin of last year was 0.4091512. ==> 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 (May25)
=3348.309/2195.852
=1.52483364

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=3455.808/2282.709
=1.5139065

MSC Industrial Direct Co's asset turnover of this year was 1.52483364. MSC Industrial Direct Co's asset turnover of last year was 1.5139065. ==> 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+1+1+0+0+0+1
=6

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

MSC Industrial Direct Co 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?
MSC Industrial Direct Co (FRA:98M) has a Piotroski F-Score of 6 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MSC Industrial Direct Co and its competitors. This is near median its historical median of 6.00. Over the past decade, MSC Industrial Direct Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, MSC Industrial Direct Co ranks #45 out of 149 companies in the Industrial Distribution industry, placing it in the top 30.2%.
Is MSC Industrial Direct Co's Piotroski F-Score too high?
MSC Industrial Direct Co'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 7.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. MSC Industrial Direct Co's value of 6 is 0% at this industry median. Based on the distribution chart, MSC Industrial Direct Co ranks #45 out of 149 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, MSC Industrial Direct Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSC Industrial Direct Co's Piotroski F-Score compare to POOL and XMTR?
According to the Industrial Distribution industry distribution chart, MSC Industrial Direct Co ranks #45 out of 149 companies for Piotroski F-Score. This puts MSC Industrial Direct Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. MSC Industrial Direct Co's value of 6 is 0% at this benchmark. Historically, MSC Industrial Direct Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, MSC Industrial Direct Co 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 an Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 149 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. MSC Industrial Direct Co'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 MSC Industrial Direct Co and its competitors. For the Industrial Distribution 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. MSC Industrial Direct Co'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 MSC Industrial Direct Co stock overvalued right now?
Based on GuruFocus' analysis, MSC Industrial Direct Co (FRA:98M) is currently considered Significantly Overvalued. The stock's GF Value™ is €79.79, compared to a current price of €106.70 — trading 33.7% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Industrial Distribution industry median of 6.00. MSC Industrial Direct Co's overall GF Score™ is 81/100 with 8 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 MSC Industrial Direct Co (FRA:98M), the current Piotroski F-Score is 6 as of Jul. 04, 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 MSC Industrial Direct Co (FRA:98M) Overvalued in 2026?

Based on GuruFocus' analysis, MSC Industrial Direct Co stock appears to be overvalued. The current stock price of €106.70 is trading 33.7% above its estimated GF Value™ of €79.79. GuruFocus considers MSC Industrial Direct Co to be Significantly Overvalued.

Key valuation signals for FRA:98M:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €79.79 vs. price of €106.70 (33.7% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 0% at the Industrial Distribution median (#45 of 149)

No single metric tells the full story. See the FRA:98M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MSC Industrial Direct Co Business Description

Other Exchanges MSM:USA98M:Germany
Address 515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
Founded in 1941, MSC Industrial Direct originally manufactured and sold cutting tools to metalworking shops in New York. Through a series of acquisitions and organic expansions, MSC has grown into an industrial distribution powerhouse with a focus on specialized metalworking products and services. The firm also distributes a wide breadth of maintenance, repair, and operations supplies. MSC primarily operates in North America, where it derives over 95% of its revenue.
81GF Score

Get the complete analysis for FRA:98M

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

€106.70
Price
€79.79
GF Value