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Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grand Canyon Education 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 Grand Canyon Education's Piotroski F-Score or its related term are showing as below:
FRA:GKD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Grand Canyon Education was 8. The lowest was 4. And the median was 6.
Grand Canyon Education (FRA:GKD) 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.
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.
Grand Canyon Education Piotroski F-Score Related Terms
Grand Canyon Education Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Grand Canyon Education'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.
FRA:GKD vs LRN, CVSA, GHC: Piotroski F-Score Comparison
For the Education & Training Services subindustry, Grand Canyon Education'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.
Grand Canyon Education Piotroski F-Score vs Education Industry
For the Education industry and Consumer Defensive sector, Grand Canyon Education's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Grand Canyon Education's Piotroski F-Score falls into.
* 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.
*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.
Grand Canyon Education's current Net Income (TTM) was 189.1.
==> 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.
Grand Canyon Education's current Cash Flow from Operations (TTM) was 253.8.
==> 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.
Grand Canyon Education's return on assets of this year was 0.19823098. Grand Canyon Education's return on assets of last year was 0.22483403.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Grand Canyon Education's gearing of this year was 0.0875293. Grand Canyon Education's gearing of last year was 0.09076931.
==> 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
Grand Canyon Education's current ratio of this year was 2.74511409. Grand Canyon Education's current ratio of last year was 3.40421962.
==> 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.
Grand Canyon Education's number of shares in issue this year was 26.869. Grand Canyon Education's number of shares in issue last year was 28.469.
==> 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.
Grand Canyon Education's gross margin of this year was 0.53252089. Grand Canyon Education's gross margin of last year was 0.52788295.
==> 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
Grand Canyon Education's asset turnover of this year was 1.01383204. Grand Canyon Education's asset turnover of last year was 1.02131465.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grand Canyon Education has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Grand Canyon Education (FRA:GKD) has a Piotroski F-Score of 7 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Grand Canyon Education and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Grand Canyon Education's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Grand Canyon Education ranks #30 out of 251 companies in the Education industry, placing it in the top 12%.
Is Grand Canyon Education's Piotroski F-Score too high?
Grand Canyon Education's current Piotroski F-Score of 7 is 17% above 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 8.00. The Education industry median Piotroski F-Score is 5.00. Grand Canyon Education's value of 7 is 40% above this industry median. Based on the distribution chart, Grand Canyon Education ranks #30 out of 251 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Canyon Education has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Grand Canyon Education's Piotroski F-Score compare to LRN and CVSA?
According to the Education industry distribution chart, Grand Canyon Education ranks #30 out of 251 companies for Piotroski F-Score. This places Grand Canyon Education in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Grand Canyon Education's value of 7 is 40% above this benchmark. Historically, Grand Canyon Education's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Grand Canyon Education 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 Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 251 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. Grand Canyon Education's current Piotroski F-Score of 7 is 40% 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 Grand Canyon Education and its competitors. For the Education 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. Grand Canyon Education's current Piotroski F-Score is 7, which is 17% above 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 Grand Canyon Education stock overvalued right now?
Grand Canyon Education (FRA:GKD) has a current Piotroski F-Score of 7. The stock's GF Value™ is €158.78, compared to a current price of €119.60 — trading 24.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Education industry median of 5.00. Grand Canyon Education's overall GF Score™ is 83/100 with 2 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 Grand Canyon Education (FRA:GKD), the current Piotroski F-Score is 7 as of Jul. 23, 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 Grand Canyon Education (FRA:GKD) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Canyon Education stock appears to be undervalued.
The current stock price of €119.60 is trading 24.7% below its estimated GF Value™ of €158.78.
Key valuation signals for FRA:GKD:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: €158.78 vs. price of €119.60 (24.7% below fair value)
Industry Position: 40% above the Education median (#30 of 251)
No single metric tells the full story. See the FRA:GKD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Canyon Education Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases, and certificates across nine colleges, both online and on the ground at its campus in Phoenix, Arizona, and at four off-site classroom andlaboratory sites. The Company generates all of its revenue through service agreements with its university partners.
83GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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