Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Carrianna Group Holdings CoHKSE:00126 Piotroski F-Score is 7 as of Aug. 23, 2026, which is 40% above its 10-year median of 5.00. The stock has 6 warning signs investors should review. Among 353 Restaurants companies, Carrianna Group Holdings Co ranks better than 84.7% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Carrianna Group Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Carrianna Group Holdings Co's Piotroski F-Score or its related term are showing as below:
HKSE:00126'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Carrianna Group Holdings Co was 8. The lowest was 3. And the median was 5.
Carrianna Group Holdings Co (HKSE:00126) 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.
Carrianna Group Holdings Co Piotroski F-Score Related Terms
Carrianna Group Holdings Co Piotroski F-Score Historical Data
* 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.
Carrianna Group Holdings Co Piotroski F-Score Chart
HKSE:00126 vs MCD, SBUX, YUM: Piotroski F-Score Comparison
For the Restaurants subindustry, Carrianna Group Holdings 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.
Carrianna Group Holdings Co Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Carrianna Group Holdings Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Carrianna Group Holdings Co'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.
Carrianna Group Holdings Co's current Net Income (TTM) was -30.3.
==> 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.
Carrianna Group Holdings Co's current Cash Flow from Operations (TTM) was 98.8.
==> 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.
Carrianna Group Holdings Co's return on assets of this year was -0.00542873. Carrianna Group Holdings Co's return on assets of last year was -0.02203569.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Carrianna Group Holdings Co's gearing of this year was 0.05151505. Carrianna Group Holdings Co's gearing of last year was 0.05926785.
==> 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
Carrianna Group Holdings Co's current ratio of this year was 0.58438986. Carrianna Group Holdings Co's current ratio of last year was 0.58634568.
==> 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.
Carrianna Group Holdings Co's number of shares in issue this year was 1571.359. Carrianna Group Holdings Co's number of shares in issue last year was 1571.359.
==> 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.
Carrianna Group Holdings Co's gross margin of this year was 0.43648907. Carrianna Group Holdings Co's gross margin of last year was 0.41919688.
==> 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
Carrianna Group Holdings Co's asset turnover of this year was 0.09894941. Carrianna Group Holdings Co's asset turnover of last year was 0.09413682.
==> 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
+
1
+
1
+
1
=
7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Carrianna Group Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Carrianna Group Holdings Co (HKSE:00126) has a Piotroski F-Score of 7 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Carrianna Group Holdings Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Carrianna Group Holdings Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Carrianna Group Holdings Co ranks #54 out of 353 companies in the Restaurants industry, placing it in the top 15.3%.
Is Carrianna Group Holdings Co's Piotroski F-Score too high?
Carrianna Group Holdings Co's current Piotroski F-Score of 7 is 40% above 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 Restaurants industry median Piotroski F-Score is 5.00. Carrianna Group Holdings Co's value of 7 is 40% above this industry median. Based on the distribution chart, Carrianna Group Holdings Co ranks #54 out of 353 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers.
How does Carrianna Group Holdings Co's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Carrianna Group Holdings Co ranks #54 out of 353 companies for Piotroski F-Score. This places Carrianna Group Holdings Co in the top 15% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Carrianna Group Holdings Co's value of 7 is 40% above this benchmark. Historically, Carrianna Group Holdings Co'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, Carrianna Group Holdings Co 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 353 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. Carrianna Group Holdings Co's current Piotroski F-Score of 7 is 40% 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 Carrianna Group Holdings Co and its competitors. For the Restaurants 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. Carrianna Group Holdings Co's current Piotroski F-Score is 7, which is 40% above 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 Carrianna Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Carrianna Group Holdings Co (HKSE:00126) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.16, compared to a current price of HK$0.09 — trading 43.8% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Restaurants 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 Carrianna Group Holdings Co (HKSE:00126), the current Piotroski F-Score is 7 as of Aug. 23, 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.
Carrianna Group Holdings Co Ltd is a Hong Kong-based investment holding company. It is organised into business units based on their products and services and has two reportable operating segments the Restaurant, Food, and Hotel segment and Property Investment and development segment. The company derives the majority of revenue from Restaurant, Food and Hotel segment which is engaged in restaurant and hotel operations and the provision of food and beverage services. Further, the Property Investment segment comprises the development and sale of properties and the leasing of residential, commercial, and industrial properties. Geographically its operates in China and Hong Kong, the company generates the majority of its revenue from China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00126 has been successfully added to your 
