FSTR (L.B. Foster Co) Piotroski F-Score: 5 (As of Jun. 25, 2026) — Near Median


FSTR L.B. Foster Co FSTR
66 GF Score
Price $44.64
GF Value $25.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is L.B. Foster Co Piotroski F-Score?

L.B. Foster Co FSTR +3.05% 66 Piotroski F-Score is 5 as of Jun. 25, 2026, which is at its 10-year median of 5.00. GuruFocus rates FSTR with a GF Score™ of 66/100 and a GF Value™ of $25.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 979 Transportation companies, L.B. Foster Co ranks worse than 52.6% 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.B. Foster Co 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.B. Foster Co's Piotroski F-Score or its related term are showing as below:

FSTR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of L.B. Foster Co was 8. The lowest was 2. And the median was 5.

L.B. Foster Co  (NAS:FSTR) 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.B. Foster Co Piotroski F-Score Related Terms


L.B. Foster Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for L.B. Foster Co'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.B. Foster Co Piotroski F-Score Chart

L.B. Foster Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 7.00 8.00 5.00

L.B. Foster Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 6.00 4.00 5.00 5.00

FSTR vs RAIL, SWVL, RVSN: Piotroski F-Score Comparison

For the Railroads subindustry, L.B. Foster Co'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.B. Foster Co Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Piotroski F-Score falls into.


FSTR
66GF Score
L.B. Foster Co FSTR
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 2.885 + 4.354 + 2.416 + 1.5 = $11.2 Mil.
Cash Flow from Operations was 10.402 + 29.181 + 22.172 + -10.438 = $51.3 Mil.
Revenue was 143.558 + 138.286 + 160.373 + 121.144 = $563.4 Mil.
Gross Profit was 30.9 + 31.066 + 31.635 + 25.696 = $119.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(342.826 + 349.925 + 333.889 + 330.372 + 333.783) / 5 = $338.159 Mil.
Total Assets at the begining of this year (Mar25) was $342.8 Mil.
Long-Term Debt & Capital Lease Obligation was $82.8 Mil.
Total Current Assets was $162.2 Mil.
Total Current Liabilities was $73.0 Mil.
Net Income was 2.847 + 35.905 + -0.242 + -2.11 = $36.4 Mil.

Revenue was 140.796 + 137.466 + 128.183 + 97.792 = $504.2 Mil.
Gross Profit was 30.513 + 32.758 + 28.615 + 20.151 = $112.0 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(326.401 + 333.261 + 344.544 + 334.55 + 342.826) / 5 = $336.3164 Mil.
Total Assets at the begining of last year (Mar24) was $326.4 Mil.
Long-Term Debt & Capital Lease Obligation was $102.5 Mil.
Total Current Assets was $164.3 Mil.
Total Current Liabilities was $63.9 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.B. Foster Co's current Net Income (TTM) was 11.2. ==> 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.B. Foster Co's current Cash Flow from Operations (TTM) was 51.3. ==> 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 (Mar25)
=11.155/342.826
=0.03253837

ROA (Last Year)=Net Income/Total Assets (Mar24)
=36.4/326.401
=0.11151927

L.B. Foster Co's return on assets of this year was 0.03253837. L.B. Foster Co's return on assets of last year was 0.11151927. ==> 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.B. Foster Co's current Net Income (TTM) was 11.2. L.B. Foster Co's current Cash Flow from Operations (TTM) was 51.3. ==> 51.3 > 11.2 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=82.797/338.159
=0.24484636

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=102.459/336.3164
=0.30465062

L.B. Foster Co's gearing of this year was 0.24484636. L.B. Foster Co's gearing of last year was 0.30465062. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=162.209/72.952
=2.22350313

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=164.316/63.865
=2.57286464

L.B. Foster Co's current ratio of this year was 2.22350313. L.B. Foster Co's current ratio of last year was 2.57286464. ==> 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.B. Foster Co's number of shares in issue this year was 10.584. L.B. Foster Co's number of shares in issue last year was 10.54. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=119.297/563.361
=0.21175942

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=112.037/504.237
=0.22219115

L.B. Foster Co's gross margin of this year was 0.21175942. L.B. Foster Co's gross margin of last year was 0.22219115. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=563.361/342.826
=1.64328552

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=504.237/326.401
=1.54483902

L.B. Foster Co's asset turnover of this year was 1.64328552. L.B. Foster Co's asset turnover of last year was 1.54483902. ==> 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
=1+1+0+1+1+0+0+0+1
=5

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

L.B. Foster Co 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.B. Foster Co (FSTR) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on L.B. Foster Co and its competitors. This is near median its historical median of 5.00. Over the past decade, L.B. Foster Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, L.B. Foster Co ranks #515 out of 979 companies in the Transportation industry, placing it in the top 52.6%.
Is L.B. Foster Co's Piotroski F-Score too high?
L.B. Foster Co's current Piotroski F-Score of 5 is near 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 8.00. The Transportation industry median Piotroski F-Score is 6.00. L.B. Foster Co's value of 5 is 16.7% below this industry median. Based on the distribution chart, L.B. Foster Co ranks #515 out of 979 companies in the Transportation industry, which is below the industry midpoint. Overall, L.B. Foster Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L.B. Foster Co's Piotroski F-Score compare to RAIL and SWVL?
According to the Transportation industry distribution chart, L.B. Foster Co ranks #515 out of 979 companies for Piotroski F-Score. This places L.B. Foster Co in the lower half of its industry. The industry median Piotroski F-Score is 6.00. L.B. Foster Co's value of 5 is 16.7% below this benchmark. Historically, L.B. Foster Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, L.B. Foster Co 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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.B. Foster Co's current Piotroski F-Score of 5 is 16.7% 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 L.B. Foster Co and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L.B. Foster Co's current Piotroski F-Score is 5, which is near 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 L.B. Foster Co stock overvalued right now?
Based on GuruFocus' analysis, L.B. Foster Co (FSTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.01, compared to a current price of $44.64 — trading 78.5% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the Transportation industry median of 6.00. L.B. Foster Co's overall GF Score™ is 66/100 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.B. Foster Co (FSTR), the current Piotroski F-Score is 5 as of Jun. 25, 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.B. Foster Co (FSTR) Overvalued in 2026?

Based on GuruFocus' analysis, L.B. Foster Co stock appears to be overvalued. The current stock price of $44.64 is trading 78.5% above its estimated GF Value™ of $25.01. GuruFocus considers L.B. Foster Co to be Significantly Overvalued.

Key valuation signals for FSTR:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $25.01 vs. price of $44.64 (78.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 16.7% below the Transportation median (#515 of 979)

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


L.B. Foster Co Business Description

Other Exchanges LB1A:Germany
Address 415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
L.B. Foster Co is a technology solutions provider of products and services for the rail and infrastructure markets. The company has two reporting segments: Rail, Technologies, and Services (Rail); and Infrastructure Solutions (Infrastructure). Maximum revenue is generated from the Rail segment, which is comprised of several manufacturing and distribution businesses that provide products and services for freight and passenger railroads and industrial companies throughout the world. The Infrastructure segment offers engineered precast concrete solutions, as well as fabricated bridge, protective pipe coating, and pipe threading offerings across North America. Geographically, the company generates maximum revenue from the United States, followed by Canada, the UK, and other markets.
66GF Score

Get the complete analysis for FSTR

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

$44.64
Price
$25.01
GF Value