Graco (FRA:GA8) Piotroski F-Score: 6 (As of Aug. 12, 2026) — Near Median

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FRA:GA8 Graco Inc FRA:GA8
94 GF Score
Price €72.40
GF Value €78.32
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Graco Piotroski F-Score?

Graco FRA:GA8 +0.56% 94 Piotroski F-Score is 6 as of Aug. 12, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:GA8 with a GF Score™ of 94/100 and a GF Value™ of €78.32 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,945 Industrial Products companies, Graco ranks better than 75.62% 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

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

FRA:GA8' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Graco was 9. The lowest was 4. And the median was 6.

Graco  (FRA:GA8) 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.


Graco Piotroski F-Score Related Terms


Graco Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Graco'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.

Graco Piotroski F-Score Chart

Graco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 8.00 6.00 4.00

Graco 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 4.00 4.00 4.00 4.00 6.00

FRA:GA8 vs CR, GNRC, RRX: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graco's Piotroski F-Score distribution charts can be found below:

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


FRA:GA8
94GF Score
Graco Inc FRA:GA8
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 117.259 + 113.144 + 102.508 + 125.796 = €459 Mil.
Cash Flow from Operations was 152.643 + 167.665 + 104.015 + 154.258 = €579 Mil.
Revenue was 462.941 + 506.555 + 467.225 + 512.599 = €1,949 Mil.
Gross Profit was 246.42 + 261.918 + 242.754 + 275.107 = €1,026 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(2640.989 + 2754.473 + 2796.227 + 2884.574 + 2717.233) / 5 = €2758.6992 Mil.
Total Assets at the begining of this year (Jun25) was €2,641 Mil.
Long-Term Debt & Capital Lease Obligation was €14 Mil.
Total Current Assets was €1,193 Mil.
Total Current Liabilities was €399 Mil.
Net Income was 110.099 + 103.816 + 114.793 + 110.649 = €439 Mil.

Revenue was 467.81 + 523.982 + 488.663 + 495.756 = €1,976 Mil.
Gross Profit was 248.793 + 266.712 + 256.903 + 259.693 = €1,032 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(2675.424 + 2681.054 + 2997.947 + 2782.69 + 2640.989) / 5 = €2755.6208 Mil.
Total Assets at the begining of last year (Jun24) was €2,675 Mil.
Long-Term Debt & Capital Lease Obligation was €13 Mil.
Total Current Assets was €1,197 Mil.
Total Current Liabilities was €337 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.

Graco's current Net Income (TTM) was 459. ==> 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.

Graco's current Cash Flow from Operations (TTM) was 579. ==> 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)
=458.707/2640.989
=0.17368758

ROA (Last Year)=Net Income/Total Assets (Jun24)
=439.357/2675.424
=0.16421958

Graco's return on assets of this year was 0.17368758. Graco's return on assets of last year was 0.16421958. ==> 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.

Graco's current Net Income (TTM) was 459. Graco's current Cash Flow from Operations (TTM) was 579. ==> 579 > 459 ==> 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
=13.886/2758.6992
=0.00503353

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=12.959/2755.6208
=0.00470275

Graco's gearing of this year was 0.00503353. Graco's gearing of last year was 0.00470275. ==> 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
=1193.109/398.718
=2.99236302

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1197.017/336.899
=3.55304409

Graco's current ratio of this year was 2.99236302. Graco's current ratio of last year was 3.55304409. ==> 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.

Graco's number of shares in issue this year was 165.724. Graco's number of shares in issue last year was 168.561. ==> 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
=1026.199/1949.32
=0.52643948

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1032.101/1976.211
=0.52226255

Graco's gross margin of this year was 0.52643948. Graco's gross margin of last year was 0.52226255. ==> 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)
=1949.32/2640.989
=0.73810228

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1976.211/2675.424
=0.73865339

Graco's asset turnover of this year was 0.73810228. Graco's asset turnover of last year was 0.73865339. ==> 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+1+0+0+1+1+0
=6

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

Graco 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?
Graco (FRA:GA8) has a Piotroski F-Score of 6 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Graco and its competitors. This is near median its historical median of 6.00. Over the past decade, Graco's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Graco ranks #718 out of 2945 companies in the Industrial Products industry, placing it in the top 24.4%.
Is Graco's Piotroski F-Score too high?
Graco'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 4.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Graco's value of 6 is 20% above this industry median. Based on the distribution chart, Graco ranks #718 out of 2945 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Graco has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Graco's Piotroski F-Score compare to CR and GNRC?
According to the Industrial Products industry distribution chart, Graco ranks #718 out of 2945 companies for Piotroski F-Score. This places Graco in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Graco's value of 6 is 20% above this benchmark. Historically, Graco's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Graco 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,945 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. Graco's current Piotroski F-Score of 6 is 20% 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 Graco and its competitors. For the Industrial Products 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. Graco'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 Graco stock overvalued right now?
Based on GuruFocus' analysis, Graco (FRA:GA8) is currently considered Fairly Valued. The stock's GF Value™ is €78.32, compared to a current price of €72.40 — trading 7.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. Graco's overall GF Score™ is 94/100 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 Graco (FRA:GA8), the current Piotroski F-Score is 6 as of Aug. 12, 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 Graco (FRA:GA8) Overvalued in 2026?

Based on GuruFocus' analysis, Graco stock appears to be undervalued. The current stock price of €72.40 is trading 7.6% below its estimated GF Value™ of €78.32. GuruFocus considers Graco to be Fairly Valued.

Key valuation signals for FRA:GA8:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €78.32 vs. price of €72.40 (7.6% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 20% above the Industrial Products median (#718 of 2945)

No single metric tells the full story. See the FRA:GA8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Graco Business Description

Other Exchanges GGG:USA
Address 88 - 11th Avenue N.E, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.2 billion in sales in 2025.
94GF Score

Get the complete analysis for FRA:GA8

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

€72.40
Price
€78.32
GF Value