Treasury Wine EstatesFRA:T7W -1.43%59 Piotroski F-Score is 6 as of Jun. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:T7W with a GF Score™ of 59/100 and a GF Value™ of €6.03 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Treasury Wine Estates ranks better than 71.77% 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
Treasury Wine Estates 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 Treasury Wine Estates's Piotroski F-Score or its related term are showing as below:
FRA:T7W'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Treasury Wine Estates was 7. The lowest was 4. And the median was 6.
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.
Treasury Wine Estates Piotroski F-Score Related Terms
Treasury Wine Estates Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Treasury Wine Estates'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 Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.
Treasury Wine Estates Piotroski F-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Treasury Wine Estates's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Treasury Wine Estates'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.
Treasury Wine Estates's current Net Income (TTM) was 247.
==> 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.
Treasury Wine Estates's return on assets of this year was 0.04927756. Treasury Wine Estates's return on assets of last year was 0.01388818.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Treasury Wine Estates's gearing of this year was 0.23971562. Treasury Wine Estates's gearing of last year was 0.27237843.
==> 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
Treasury Wine Estates's current ratio of this year was 2.02053613. Treasury Wine Estates's current ratio of last year was 2.12382488.
==> 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.
Treasury Wine Estates's number of shares in issue this year was 811.426. Treasury Wine Estates's number of shares in issue last year was 784.921.
==> 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.
Treasury Wine Estates's gross margin of this year was 0.46513067. Treasury Wine Estates's gross margin of last year was 0.42561486.
==> 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
Treasury Wine Estates's asset turnover of this year was 0.33138516. Treasury Wine Estates's asset turnover of last year was 0.3847408.
==> 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
+
1
+
0
+
0
+
1
+
0
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Treasury Wine Estates has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Treasury Wine Estates (FRA:T7W) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Treasury Wine Estates and its competitors. This is near median its historical median of 6.00. Over the past decade, Treasury Wine Estates' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Treasury Wine Estates ranks #59 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 28.2%.
Is Treasury Wine Estates' Piotroski F-Score too high?
Treasury Wine Estates' 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 7.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Treasury Wine Estates' value of 6 is 20% above this industry median. Based on the distribution chart, Treasury Wine Estates ranks #59 out of 209 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Treasury Wine Estates has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Treasury Wine Estates' Piotroski F-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Treasury Wine Estates ranks #59 out of 209 companies for Piotroski F-Score. This puts Treasury Wine Estates in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Treasury Wine Estates' value of 6 is 20% above this benchmark. Historically, Treasury Wine Estates' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Treasury Wine Estates 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 a Beverages - Alcoholic company?
The median Piotroski F-Score among Beverages - Alcoholic companies is 5.00, based on 209 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. Treasury Wine Estates'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 Treasury Wine Estates and its competitors. For the Beverages - Alcoholic 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. Treasury Wine Estates'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 Treasury Wine Estates stock overvalued right now?
Based on GuruFocus' analysis, Treasury Wine Estates (FRA:T7W) is currently considered Possible Value Trap. The stock's GF Value™ is €6.03, compared to a current price of €2.78 — trading 53.8% 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 Beverages - Alcoholic industry median of 5.00. Treasury Wine Estates' overall GF Score™ is 59/100 with 10 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 Treasury Wine Estates (FRA:T7W), the current Piotroski F-Score is 6 as of Jun. 29, 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 Treasury Wine Estates (FRA:T7W) Overvalued in 2026?
Based on GuruFocus' analysis, Treasury Wine Estates stock appears to be undervalued.
The current stock price of €2.78 is trading 53.8% below its estimated GF Value™ of €6.03.
GuruFocus considers Treasury Wine Estates to be Possible Value Trap.
Key valuation signals for FRA:T7W:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: €6.03 vs. price of €2.78 (53.8% below fair value)
Industry Position: 20% above the Beverages - Alcoholic median (#59 of 209)
No single metric tells the full story. See the FRA:T7W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, US wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional US brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.
59GF Score
Get the complete analysis for FRA:T7W
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:T7W has been successfully added to your 
