The Fresh Factory B.C.FRA:Q4Z -0.41%37 Piotroski F-Score is 2 as of Jul. 01, 2026, which is 60% below its 10-year median of 5.00. GuruFocus rates FRA:Q4Z with a GF Score™ of 37/100 and a GF Value™ of €0.86. The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, The Fresh Factory B.C. ranks worse than 94.92% on this metric.
Warning Sign:
Piotroski F-Score of 2 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Fresh Factory B.C. has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for The Fresh Factory B.C.'s Piotroski F-Score or its related term are showing as below:
FRA:Q4Z'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 2
During the past 5 years, the highest Piotroski F-Score of The Fresh Factory B.C. was 6. The lowest was 2. And the median was 5.
The Fresh Factory B.C. (FRA:Q4Z) 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.
The Fresh Factory B.C. Piotroski F-Score Related Terms
The Fresh Factory B.C. Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The Fresh Factory B.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.
For the Packaged Foods subindustry, The Fresh Factory B.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.
The Fresh Factory B.C. Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Fresh Factory B.C.'s Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Fresh Factory B.C.'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.
The Fresh Factory B.C.'s current Net Income (TTM) was -1.02.
==> 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.
The Fresh Factory B.C.'s current Cash Flow from Operations (TTM) was -0.20.
==> 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.
The Fresh Factory B.C.'s return on assets of this year was -0.05774368. The Fresh Factory B.C.'s return on assets of last year was -0.07545056.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Fresh Factory B.C.'s gearing of this year was 0.51454368. The Fresh Factory B.C.'s gearing of last year was 0.19321071.
==> 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
The Fresh Factory B.C.'s current ratio of this year was 1.01547036. The Fresh Factory B.C.'s current ratio of last year was 1.21019665.
==> 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.
The Fresh Factory B.C.'s number of shares in issue this year was 56.897. The Fresh Factory B.C.'s number of shares in issue last year was 51.862.
==> 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.
The Fresh Factory B.C.'s gross margin of this year was 0.11884269. The Fresh Factory B.C.'s gross margin of last year was 0.17803019.
==> 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
The Fresh Factory B.C.'s asset turnover of this year was 2.2649048. The Fresh Factory B.C.'s asset turnover of last year was 3.0253992.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Fresh Factory B.C. has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The Fresh Factory B.C. (FRA:Q4Z) has a Piotroski F-Score of 2 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Fresh Factory B.C. and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, The Fresh Factory B.C.'s Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, The Fresh Factory B.C. ranks #1812 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 94.9%.
Is The Fresh Factory B.C.'s Piotroski F-Score too high?
The Fresh Factory B.C.'s current Piotroski F-Score of 2 is 60% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The Fresh Factory B.C.'s value of 2 is 60% below this industry median. Based on the distribution chart, The Fresh Factory B.C. ranks #1812 out of 1909 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, The Fresh Factory B.C. has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does The Fresh Factory B.C.'s Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The Fresh Factory B.C. ranks #1812 out of 1909 companies for Piotroski F-Score. This places The Fresh Factory B.C. in the lower half of its industry. The industry median Piotroski F-Score is 5.00. The Fresh Factory B.C.'s value of 2 is 60% below this benchmark. Historically, The Fresh Factory B.C.'s own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, The Fresh Factory B.C. has consistently been below 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 1,909 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. The Fresh Factory B.C.'s current Piotroski F-Score of 2 is 60% below 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 The Fresh Factory B.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. The Fresh Factory B.C.'s current Piotroski F-Score is 2, which is 60% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Fresh Factory B.C. stock overvalued right now?
The Fresh Factory B.C. (FRA:Q4Z) has a current Piotroski F-Score of 2. The stock's GF Value™ is €0.86, compared to a current price of €0.48 — trading 44.2% below its estimated fair value. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Consumer Packaged Goods industry median of 5.00. The Fresh Factory B.C.'s overall GF Score™ is 37/100 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 The Fresh Factory B.C. (FRA:Q4Z), the current Piotroski F-Score is 2 as of Jul. 01, 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 The Fresh Factory B.C. (FRA:Q4Z) Overvalued in 2026?
Based on GuruFocus' analysis, The Fresh Factory B.C. stock appears to be undervalued.
The current stock price of €0.48 is trading 44.2% below its estimated GF Value™ of €0.86.
Key valuation signals for FRA:Q4Z:
Piotroski F-Score: 2 (60% below median its 10-year median of 5.00)
GF Value™: €0.86 vs. price of €0.48 (44.2% below fair value)
Industry Position: 60% below the Consumer Packaged Goods median (#1812 of 1909)
No single metric tells the full story. See the FRA:Q4Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Fresh Factory B.C. Ltd is a vertically-integrated corporation engaged in the fresh and plant-based food and beverage industry, including developing, formulating, manufacturing, distributing, and selling fresh and plant-based food and beverage products.
37GF Score
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