GLGLF (GLG Life Tech) Piotroski F-Score: 3 (As of Jun. 24, 2026) — 40% Below Median


What is GLG Life Tech Piotroski F-Score?

GLG Life Tech GLGLF -90.00% Piotroski F-Score is 3 as of Jun. 24, 2026, which is 40% below its 10-year median of 5.00. The stock has 11 warning signs investors should review.

Warning Sign:

Piotroski F-Score of 3 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

GLG Life Tech has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for GLG Life Tech's Piotroski F-Score or its related term are showing as below:

GLGLF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of GLG Life Tech was 8. The lowest was 3. And the median was 5.

GLG Life Tech  (OTCPK:GLGLF) 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.


GLG Life Tech Piotroski F-Score Related Terms


GLG Life Tech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for GLG Life Tech'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.

GLG Life Tech Piotroski F-Score Chart

GLG Life Tech 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 5.00 7.00 7.00 3.00

GLG Life Tech 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 8.00 8.00 3.00 3.00 3.00

GLGLF vs ADM, TSN, BG: Piotroski F-Score Comparison

For the Farm Products subindustry, GLG Life Tech'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.


GLG Life Tech Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GLG Life Tech's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where GLG Life Tech's Piotroski F-Score falls into.


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 20.629 + -3.637 + -5.328 + -4.023 = $7.64 Mil.
Cash Flow from Operations was 3.44 + -0.133 + -2.843 + 0.548 = $1.01 Mil.
Revenue was 2.095 + 1.55 + 1.516 + 1.703 = $6.86 Mil.
Gross Profit was 0.315 + 0.228 + 0.193 + 0.217 = $0.95 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(19.635 + 3.87 + 3.643 + 3.801 + 4.244) / 5 = $7.0386 Mil.
Total Assets at the begining of this year (Mar25) was $19.64 Mil.
Long-Term Debt & Capital Lease Obligation was $0.64 Mil.
Total Current Assets was $4.18 Mil.
Total Current Liabilities was $86.90 Mil.
Net Income was -4.483 + 63.549 + -4.763 + -2.643 = $51.66 Mil.

Revenue was 2.688 + 2.49 + 2.836 + 2.205 = $10.22 Mil.
Gross Profit was 0.529 + 0.452 + 0.431 + 0.315 = $1.73 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(7.445 + 7.029 + 15.076 + 19.765 + 19.635) / 5 = $13.79 Mil.
Total Assets at the begining of last year (Mar24) was $7.45 Mil.
Long-Term Debt & Capital Lease Obligation was $0.59 Mil.
Total Current Assets was $19.61 Mil.
Total Current Liabilities was $95.12 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.

GLG Life Tech's current Net Income (TTM) was 7.64. ==> 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.

GLG Life Tech's current Cash Flow from Operations (TTM) was 1.01. ==> 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)
=7.641/19.635
=0.38915202

ROA (Last Year)=Net Income/Total Assets (Mar24)
=51.66/7.445
=6.93888516

GLG Life Tech's return on assets of this year was 0.38915202. GLG Life Tech's return on assets of last year was 6.93888516. ==> 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.

GLG Life Tech's current Net Income (TTM) was 7.64. GLG Life Tech's current Cash Flow from Operations (TTM) was 1.01. ==> 1.01 <= 7.64 ==> CFROA <= ROA ==> Score 0.

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
=0.64/7.0386
=0.09092717

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.591/13.79
=0.04285714

GLG Life Tech's gearing of this year was 0.09092717. GLG Life Tech's gearing of last year was 0.04285714. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=4.179/86.896
=0.04809197

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=19.613/95.121
=0.20619001

GLG Life Tech's current ratio of this year was 0.04809197. GLG Life Tech's current ratio of last year was 0.20619001. ==> 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.

GLG Life Tech's number of shares in issue this year was 38.394. GLG Life Tech's number of shares in issue last year was 38.394. ==> 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
=0.953/6.864
=0.13884033

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.727/10.219
=0.16899892

GLG Life Tech's gross margin of this year was 0.13884033. GLG Life Tech's gross margin of last year was 0.16899892. ==> 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)
=6.864/19.635
=0.34957983

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=10.219/7.445
=1.37259906

GLG Life Tech's asset turnover of this year was 0.34957983. GLG Life Tech's asset turnover of last year was 1.37259906. ==> 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+0+0+0+1+0+0
=3

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

GLG Life Tech has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
GLG Life Tech (GLGLF) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on GLG Life Tech and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, GLG Life Tech's Piotroski F-Score has ranged from 3.00 to 8.00.
Is GLG Life Tech's Piotroski F-Score too high?
GLG Life Tech's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. GLG Life Tech's value of 3 is 40% below this industry median.
How does GLG Life Tech's Piotroski F-Score compare to ADM and TSN?
GLG Life Tech's Piotroski F-Score of 3 can be compared against companies in the Consumer Packaged Goods industry. The industry median Piotroski F-Score is 5.00. GLG Life Tech's value of 3 is 40% below this benchmark. Historically, GLG Life Tech's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, GLG Life Tech 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 1,912 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. GLG Life Tech's current Piotroski F-Score of 3 is 40% 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 GLG Life Tech 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. GLG Life Tech's current Piotroski F-Score is 3, which is 40% 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 GLG Life Tech stock overvalued right now?
GLG Life Tech (GLGLF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Consumer Packaged Goods industry median of 5.00. 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 GLG Life Tech (GLGLF), the current Piotroski F-Score is 3 as of Jun. 24, 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.

GLG Life Tech Business Description

Address 13071 Vanier Place, Suite 220, Richmond, BC, CAN, V6V 2J1
GLG Life Tech Corp is a supplier of stevia extract, an all-natural sweetener extracted from the stevia plant, and monk fruit extract, an all-natural sweetener extracted from monk fruit (also known as luo han guo). The company specializes in the research and development and, through its long-term contractual relationship with a Chinese firm, produces these extracts for distribution to the food and beverage industry globally. Furthermore, it has expanded its product offerings through the supply of ingredients complementary to the natural high-intensity sweetener market under its Naturals+ product line. GLG has only one reportable segment: the Natural Sweeteners Products segment. Geographically, the company generates maximum revenue from North America and the rest from other markets.