HelloFresh SEHLFFF -9.78%61 Piotroski F-Score is 5 as of Jun. 25, 2026, which is at its 10-year median of 5.00. GuruFocus rates HLFFF with a GF Score™ of 61/100 and a GF Value™ of $9.00 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 357 Restaurants companies, HelloFresh SE ranks better than 54.9% 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
HelloFresh SE 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 HelloFresh SE's Piotroski F-Score or its related term are showing as below:
HLFFF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of HelloFresh SE was 7. The lowest was 3. And the median was 5.
HelloFresh SE (OTCPK:HLFFF) 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.
HelloFresh SE Piotroski F-Score Related Terms
HelloFresh SE Piotroski F-Score Historical Data
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The historical data trend for HelloFresh SE'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.
HLFFF vs MCD, SBUX, CMG: Piotroski F-Score Comparison
For the Restaurants subindustry, HelloFresh SE'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.
HelloFresh SE Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, HelloFresh SE's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where HelloFresh SE'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.
HelloFresh SE's current Net Income (TTM) was -28.
==> 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.
HelloFresh SE's return on assets of this year was -0.0101169. HelloFresh SE's return on assets of last year was -0.06861143.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
HelloFresh SE's gearing of this year was 0.07912551. HelloFresh SE's gearing of last year was 0.07029105.
==> 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
HelloFresh SE's current ratio of this year was 0.72931917. HelloFresh SE's current ratio of last year was 0.86429608.
==> 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.
HelloFresh SE's number of shares in issue this year was 145.9. HelloFresh SE's number of shares in issue last year was 162.
==> 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.
HelloFresh SE's gross margin of this year was 0.64316054. HelloFresh SE's gross margin of last year was 0.61216761.
==> 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
HelloFresh SE's asset turnover of this year was 2.74582224. HelloFresh SE's asset turnover of last year was 2.92051803.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
HelloFresh SE has an F-score of 5 indicating the company's financial situation is typical for a stable company.
HelloFresh SE (HLFFF) 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 HelloFresh SE and its competitors. This is near median its historical median of 5.00. Over the past decade, HelloFresh SE's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, HelloFresh SE ranks #161 out of 357 companies in the Restaurants industry, placing it in the top 45.1%.
Is HelloFresh SE's Piotroski F-Score too high?
HelloFresh SE'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 3.00 to a high of 7.00. The Restaurants industry median Piotroski F-Score is 5.00. HelloFresh SE's value of 5 is 0% at this industry median. Based on the distribution chart, HelloFresh SE ranks #161 out of 357 companies in the Restaurants industry, which is above the industry midpoint. Overall, HelloFresh SE has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HelloFresh SE's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, HelloFresh SE ranks #161 out of 357 companies for Piotroski F-Score. This puts HelloFresh SE in the upper half of its industry. The industry median Piotroski F-Score is 5.00. HelloFresh SE's value of 5 is 0% at this benchmark. Historically, HelloFresh SE's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, HelloFresh SE has consistently been at 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 357 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. HelloFresh SE's current Piotroski F-Score of 5 is 0% at 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 HelloFresh SE 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. HelloFresh SE'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 HelloFresh SE stock overvalued right now?
Based on GuruFocus' analysis, HelloFresh SE (HLFFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $9.00, compared to a current price of $4.06 — trading 54.9% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Restaurants industry median of 5.00. HelloFresh SE's overall GF Score™ is 61/100 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 HelloFresh SE (HLFFF), 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 HelloFresh SE (HLFFF) Overvalued in 2026?
Based on GuruFocus' analysis, HelloFresh SE stock appears to be undervalued.
The current stock price of $4.06 is trading 54.9% below its estimated GF Value™ of $9.00.
GuruFocus considers HelloFresh SE to be Significantly Undervalued.
Key valuation signals for HLFFF:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: $9.00 vs. price of $4.06 (54.9% below fair value)
Industry Position: 0% at the Restaurants median (#161 of 357)
No single metric tells the full story. See the HLFFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HelloFresh SE is a digital-first, fast-moving consumer goods (FMCG) company offering personalized, home-delivered meal solutions across a diverse range of meal occasions. Its offerings include meal kits, add-on products, and ready-to-eat meals. The Group manages its meal kit business through various brands such as HelloFresh, Green Chef, EveryPlate, and Chefs Plate, among others. It also operates two smaller businesses, a premium direct-to-customer butcher brand, Good Chop, and a human-grade pet food brand, The Pets Table. HelloFresh's operations are organized into two geographic regions: North America and International. The majority of its revenue is generated from North America, which comprises its business in the United States and Canada.
61GF Score
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