Cult Food Science (FRA:LN0) Piotroski F-Score: 5 (As of Jul. 12, 2026) — 67% Above Median


FRA:LN0 Cult Food Science Corp FRA:LN0
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What is Cult Food Science Piotroski F-Score?

Cult Food Science FRA:LN0 10 Piotroski F-Score is 5 as of Jul. 12, 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates FRA:LN0 with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Cult Food Science ranks better than 51.86% 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

Cult Food Science 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 Cult Food Science's Piotroski F-Score or its related term are showing as below:

FRA:LN0' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 5

During the past 6 years, the highest Piotroski F-Score of Cult Food Science was 5. The lowest was 2. And the median was 3.

Cult Food Science  (FRA:LN0) 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.


Cult Food Science Piotroski F-Score Related Terms


Cult Food Science Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cult Food Science'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.

Cult Food Science Piotroski F-Score Chart

Cult Food Science Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 3.00 3.00 2.00 5.00

Cult Food Science Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.00 4.00 3.00 3.00 5.00

FRA:LN0 vs KHC, GIS, HRL: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Cult Food Science'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.


Cult Food Science Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cult Food Science's Piotroski F-Score distribution charts can be found below:

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


FRA:LN0
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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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was -0.453 + -0.851 + -0.227 + -0.602 = €-2.13 Mil.
Cash Flow from Operations was -0.073 + -0.014 + -0.022 + -0.031 = €-0.14 Mil.
Revenue was 0.003 + 0.001 + 0 + 0 = €0.00 Mil.
Gross Profit was 0.001 + -0.005 + 0 + 0.006 = €0.00 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(2.359 + 2.16 + 1.55 + 1.356 + 0.956) / 5 = €1.6762 Mil.
Total Assets at the begining of this year (Dec24) was €2.36 Mil.
Long-Term Debt & Capital Lease Obligation was €0.14 Mil.
Total Current Assets was €0.02 Mil.
Total Current Liabilities was €0.87 Mil.
Net Income was -0.078 + -0.579 + -0.438 + -2.343 = €-3.44 Mil.

Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(2.999 + 2.971 + 3.412 + 3.74 + 2.359) / 5 = €3.0962 Mil.
Total Assets at the begining of last year (Dec23) was €3.00 Mil.
Long-Term Debt & Capital Lease Obligation was €0.25 Mil.
Total Current Assets was €0.14 Mil.
Total Current Liabilities was €0.51 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.

Cult Food Science's current Net Income (TTM) was -2.13. ==> Negative ==> Score 0.

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.

Cult Food Science's current Cash Flow from Operations (TTM) was -0.14. ==> Negative ==> Score 0.

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 (Dec24)
=-2.133/2.359
=-0.90419669

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-3.438/2.999
=-1.14638213

Cult Food Science's return on assets of this year was -0.90419669. Cult Food Science's return on assets of last year was -1.14638213. ==> 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.

Cult Food Science's current Net Income (TTM) was -2.13. Cult Food Science's current Cash Flow from Operations (TTM) was -0.14. ==> -0.14 > -2.13 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.141/1.6762
=0.08411884

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.247/3.0962
=0.07977521

Cult Food Science's gearing of this year was 0.08411884. Cult Food Science's gearing of last year was 0.07977521. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=0.018/0.865
=0.02080925

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.143/0.507
=0.28205128

Cult Food Science's current ratio of this year was 0.02080925. Cult Food Science's current ratio of last year was 0.28205128. ==> 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.

Cult Food Science's number of shares in issue this year was 1.241. Cult Food Science's number of shares in issue last year was 1.572. ==> 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
=0.002/0.004
=0.5

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Cult Food Science's gross margin of this year was 0.5. Cult Food Science's gross margin of last year was . ==> 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 (Dec24)
=0.004/2.359
=0.00169563

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/2.999
=0

Cult Food Science's asset turnover of this year was 0.00169563. Cult Food Science's asset turnover of last year was 0. ==> 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
=0+0+1+1+0+0+1+1+1
=5

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

Cult Food Science 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?
Cult Food Science (FRA:LN0) has a Piotroski F-Score of 5 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cult Food Science and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Cult Food Science's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Cult Food Science ranks #920 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is Cult Food Science's Piotroski F-Score too high?
Cult Food Science's current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Cult Food Science's value of 5 is 0% at this industry median. Based on the distribution chart, Cult Food Science ranks #920 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Cult Food Science has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cult Food Science's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Cult Food Science ranks #920 out of 1911 companies for Piotroski F-Score. This puts Cult Food Science in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Cult Food Science's value of 5 is 0% at this benchmark. Historically, Cult Food Science's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Cult Food Science 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. Cult Food Science'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 Cult Food Science 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. Cult Food Science's current Piotroski F-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cult Food Science stock overvalued right now?
Cult Food Science (FRA:LN0) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Cult Food Science's overall GF Score™ is 10/100 with 4 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 Cult Food Science (FRA:LN0), the current Piotroski F-Score is 5 as of Jul. 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.

Cult Food Science Business Description

Other Exchanges CULTF:USACULT:Canada
Address 22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Cult Food Science Corp is an investment issuer with an investment platform focused on clean, lab-grown food that is advancing the development of novel technologies to provide a sustainable, environmental, and ethical solution to the factory farming and aquaculture crisis.
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