HFFG (HF Foods Group) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 25% Above Median


HFFG HF Foods Group Inc HFFG
66 GF Score
Price $1.77
GF Value $3.62
Valuation Possible Value Trap
! 4 Warning Signs
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What is HF Foods Group Piotroski F-Score?

HF Foods Group HFFG -3.01% 66 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates HFFG with a GF Score™ of 66/100 and a GF Value™ of $3.62 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 298 Retail - Defensive companies, HF Foods Group ranks worse than 53.36% 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

HF Foods Group 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 HF Foods Group's Piotroski F-Score or its related term are showing as below:

HFFG' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 8
Current: 5

During the past 9 years, the highest Piotroski F-Score of HF Foods Group was 8. The lowest was 3. And the median was 4.

HF Foods Group  (NAS:HFFG) 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.


HF Foods Group Piotroski F-Score Related Terms


HF Foods Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for HF Foods Group'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.

HF Foods Group Piotroski F-Score Chart

HF Foods Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 5.00 5.00 4.00 4.00

HF Foods Group 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 3.00 4.00 4.00 4.00 5.00

HFFG vs DIT, HCIL, TWG: Piotroski F-Score Comparison

For the Food Distribution subindustry, HF Foods Group'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.


HF Foods Group Piotroski F-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, HF Foods Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where HF Foods Group's Piotroski F-Score falls into.


HFFG
66GF Score
HF Foods Group Inc HFFG
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 1.216 + -1.116 + -37.298 + 1.225 = $-36 Mil.
Cash Flow from Operations was 3.52 + -5.985 + 20.997 + 15.288 = $34 Mil.
Revenue was 314.853 + 306.978 + 308.023 + 312.002 = $1,242 Mil.
Gross Profit was 55.132 + 50.409 + 51.076 + 50.526 = $207 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(581.85 + 593.537 + 595.083 + 541.529 + 545.882) / 5 = $571.5762 Mil.
Total Assets at the begining of this year (Mar25) was $582 Mil.
Long-Term Debt & Capital Lease Obligation was $144 Mil.
Total Current Assets was $192 Mil.
Total Current Liabilities was $172 Mil.
Net Income was 0.017 + -3.94 + -43.894 + -1.645 = $-49 Mil.

Revenue was 302.342 + 298.389 + 305.282 + 298.428 = $1,204 Mil.
Gross Profit was 52.465 + 50.163 + 52.155 + 50.959 = $206 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(603.065 + 616.867 + 612.75 + 549.991 + 581.85) / 5 = $592.9046 Mil.
Total Assets at the begining of last year (Mar24) was $603 Mil.
Long-Term Debt & Capital Lease Obligation was $154 Mil.
Total Current Assets was $188 Mil.
Total Current Liabilities was $158 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.

HF Foods Group's current Net Income (TTM) was -36. ==> 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.

HF Foods Group's current Cash Flow from Operations (TTM) was 34. ==> 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)
=-35.973/581.85
=-0.06182521

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-49.462/603.065
=-0.08201769

HF Foods Group's return on assets of this year was -0.06182521. HF Foods Group's return on assets of last year was -0.08201769. ==> 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.

HF Foods Group's current Net Income (TTM) was -36. HF Foods Group's current Cash Flow from Operations (TTM) was 34. ==> 34 > -36 ==> 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
=144.199/571.5762
=0.25228307

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=154.209/592.9046
=0.26009075

HF Foods Group's gearing of this year was 0.25228307. HF Foods Group's gearing of last year was 0.26009075. ==> 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
=191.956/172.458
=1.11305941

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=188.126/157.614
=1.19358686

HF Foods Group's current ratio of this year was 1.11305941. HF Foods Group's current ratio of last year was 1.19358686. ==> 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.

HF Foods Group's number of shares in issue this year was 53.933. HF Foods Group's number of shares in issue last year was 52.738. ==> 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
=207.143/1241.856
=0.16680114

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=205.742/1204.441
=0.17081949

HF Foods Group's gross margin of this year was 0.16680114. HF Foods Group's gross margin of last year was 0.17081949. ==> 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)
=1241.856/581.85
=2.13432328

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1204.441/603.065
=1.99719931

HF Foods Group's asset turnover of this year was 2.13432328. HF Foods Group's asset turnover of last year was 1.99719931. ==> 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+1+1+1+1+0+0+0+1
=5

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

HF Foods Group 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?
HF Foods Group (HFFG) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on HF Foods Group and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, HF Foods Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, HF Foods Group ranks #159 out of 298 companies in the Retail - Defensive industry, placing it in the top 53.4%.
Is HF Foods Group's Piotroski F-Score too high?
HF Foods Group's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. HF Foods Group's value of 5 is 16.7% below this industry median. Based on the distribution chart, HF Foods Group ranks #159 out of 298 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, HF Foods Group has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HF Foods Group's Piotroski F-Score compare to DIT and HCIL?
According to the Retail - Defensive industry distribution chart, HF Foods Group ranks #159 out of 298 companies for Piotroski F-Score. This places HF Foods Group in the lower half of its industry. The industry median Piotroski F-Score is 6.00. HF Foods Group's value of 5 is 16.7% below this benchmark. Historically, HF Foods Group'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 4.00 vs. the industry median of 6.00, HF Foods Group 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 298 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. HF Foods Group'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 HF Foods Group and its competitors. For the Retail - Defensive 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. HF Foods Group's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HF Foods Group stock overvalued right now?
Based on GuruFocus' analysis, HF Foods Group (HFFG) is currently considered Possible Value Trap. The stock's GF Value™ is $3.62, compared to a current price of $1.77 — trading 51.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 16.7% below the Retail - Defensive industry median of 6.00. HF Foods Group's overall GF Score™ is 66/100 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 HF Foods Group (HFFG), the current Piotroski F-Score is 5 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.

Is HF Foods Group (HFFG) Overvalued in 2026?

Based on GuruFocus' analysis, HF Foods Group stock appears to be undervalued. The current stock price of $1.77 is trading 51.1% below its estimated GF Value™ of $3.62. GuruFocus considers HF Foods Group to be Possible Value Trap.

Key valuation signals for HFFG:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $3.62 vs. price of $1.77 (51.1% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 16.7% below the Retail - Defensive median (#159 of 298)

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


HF Foods Group Business Description

Other Exchanges 3GX:Germany
Address 6325 South Rainbow Boulevard, Suite 420, Las Vegas, NV, USA, 89118
HF Foods Group Inc is an Asian food service distributor that markets and distributes fresh produce, frozen and dry food, and non-food products to Asian restaurants and other foodservice customers throughout the United States. The company's business consists of one operating segment: HF Group, which operates solely in the United States. The company's product list consists of Meat, Poultry & Seafood, Sauces & Oils, Takeout Items (Boxes, Chopsticks & Utensils), Raw Ingredients (Flour, Cornstarch, Spices), Cleaning Supplies, and Rice & Grains.
66GF Score

Get the complete analysis for HFFG

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

$1.77
Price
$3.62
GF Value