L D C (FRA:LC4) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 17% Below Median


FRA:LC4 L D C SA FRA:LC4
90 GF Score
Price €118.80
GF Value €81.59
! 5 Warning Signs
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What is L D C Piotroski F-Score?

L D C FRA:LC4 +1.54% 90 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates FRA:LC4 with a GF Score™ of 90/100 and a GF Value™ of €81.59. The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, L D C ranks better than 52.07% 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

L D C has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for L D C's Piotroski F-Score or its related term are showing as below:

FRA:LC4' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of L D C was 8. The lowest was 5. And the median was 6.

L D C  (FRA:LC4) 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.


L D C Piotroski F-Score Related Terms


L D C Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for L D C'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.

L D C Piotroski F-Score Chart

L D C Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 8.00 8.00 5.00

L D C Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
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 0.00 8.00 0.00 5.00 0.00

FRA:LC4 vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, L D C'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.


L D C Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, L D C's Piotroski F-Score distribution charts can be found below:

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


FRA:LC4
90GF Score
L D C SA FRA:LC4
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Feb25) TTM:Last Year (Feb24) TTM:
Net Income was €244 Mil.
Cash Flow from Operations was €437 Mil.
Revenue was €6,323 Mil.
Gross Profit was €3,213 Mil.
Average Total Assets from the begining of this year (Feb24)
to the end of this year (Feb25) was (3896.452 + 4248.153) / 2 = €4072.3025 Mil.
Total Assets at the begining of this year (Feb24) was €3,896 Mil.
Long-Term Debt & Capital Lease Obligation was €275 Mil.
Total Current Assets was €2,345 Mil.
Total Current Liabilities was €1,594 Mil.
Net Income was €304 Mil.

Revenue was €6,198 Mil.
Gross Profit was €3,108 Mil.
Average Total Assets from the begining of last year (Feb23)
to the end of last year (Feb24) was (3718.409 + 3896.452) / 2 = €3807.4305 Mil.
Total Assets at the begining of last year (Feb23) was €3,718 Mil.
Long-Term Debt & Capital Lease Obligation was €172 Mil.
Total Current Assets was €2,311 Mil.
Total Current Liabilities was €1,528 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.

L D C's current Net Income (TTM) was 244. ==> 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.

L D C's current Cash Flow from Operations (TTM) was 437. ==> 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 (Feb24)
=243.635/3896.452
=0.0625274

ROA (Last Year)=Net Income/Total Assets (Feb23)
=304.428/3718.409
=0.0818705

L D C's return on assets of this year was 0.0625274. L D C's return on assets of last year was 0.0818705. ==> Last year is higher ==> Score 0.

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.

L D C's current Net Income (TTM) was 244. L D C's current Cash Flow from Operations (TTM) was 437. ==> 437 > 244 ==> 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: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=274.971/4072.3025
=0.06752224

Gearing (Last Year: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb23 to Feb24
=171.953/3807.4305
=0.04516248

L D C's gearing of this year was 0.06752224. L D C's gearing of last year was 0.04516248. ==> 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: Feb25)=Total Current Assets/Total Current Liabilities
=2344.763/1593.591
=1.47137063

Current Ratio (Last Year: Feb24)=Total Current Assets/Total Current Liabilities
=2310.941/1528.114
=1.51228312

L D C's current ratio of this year was 1.47137063. L D C's current ratio of last year was 1.51228312. ==> 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.

L D C's number of shares in issue this year was 34.621. L D C's number of shares in issue last year was 34.629. ==> 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
=3212.678/6323.458
=0.50805714

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3107.643/6198.399
=0.50136221

L D C's gross margin of this year was 0.50805714. L D C's gross margin of last year was 0.50136221. ==> 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 (Feb24)
=6323.458/3896.452
=1.62287589

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb23)
=6198.399/3718.409
=1.66694922

L D C's asset turnover of this year was 1.62287589. L D C's asset turnover of last year was 1.66694922. ==> 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+0+1+0+0+1+1+0
=5

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

L D C has an F-score of 5 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 5 mean?
L D C (FRA:LC4) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on L D C and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, L D C's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, L D C ranks #916 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 47.9%.
Is L D C's Piotroski F-Score too high?
L D C's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. L D C's value of 5 is 0% at this industry median. Based on the distribution chart, L D C ranks #916 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, L D C has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does L D C's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, L D C ranks #916 out of 1911 companies for Piotroski F-Score. This puts L D C in the upper half of its industry. The industry median Piotroski F-Score is 5.00. L D C's value of 5 is 0% at this benchmark. Historically, L D C's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, L D C 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. L D C's current Piotroski F-Score of 5 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 L D C 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. L D C's current Piotroski F-Score is 5, which is 17% below 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 L D C stock overvalued right now?
L D C (FRA:LC4) has a current Piotroski F-Score of 5. The stock's GF Value™ is €81.59, compared to a current price of €118.80 — trading 45.6% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. L D C's overall GF Score™ is 90/100 with 5 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 L D C (FRA:LC4), the current Piotroski F-Score is 5 as of Jun. 26, 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 L D C (FRA:LC4) Overvalued in 2026?

Based on GuruFocus' analysis, L D C stock appears to be overvalued. The current stock price of €118.80 is trading 45.6% above its estimated GF Value™ of €81.59.

Key valuation signals for FRA:LC4:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: €81.59 vs. price of €118.80 (45.6% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#916 of 1911)

No single metric tells the full story. See the FRA:LC4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L D C Business Description

Address ZI Saint-Laurent, Sable-sur-Sarthe, Paris, FRA, 72302
L D C SA is a food processing company that provides poultry products, as well as a range of delicatessen food. It operates its business in four segments Upstream division, Poultry division, The Delicatessen division, and International division. The upstream division is responsible for branch management. Poultry division is engaged in the poultry, pig and cattle farming, as well as egg production and others. The Delicatessen division offers ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts. The International division focuses on international development with countries specific strategies.
90GF Score

Get the complete analysis for FRA:LC4

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

€118.80
Price
€81.59
GF Value