Orcay Ortakoy Caynayi Ve Ticaret ASIST:ORCAY +4.29%64 Piotroski F-Score is 4 as of Jun. 30, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates IST:ORCAY with a GF Score™ of 64/100 and a GF Value™ of ₺6.95 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Orcay Ortakoy Caynayi Ve Ticaret AS ranks worse than 67.16% 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
Orcay Ortakoy Caynayi Ve Ticaret AS has an F-score of 4 indicating the company's financial situation is typical for a stable company.
IST:ORCAY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 5
Current: 4
During the past 8 years, the highest Piotroski F-Score of Orcay Ortakoy Caynayi Ve Ticaret AS was 5. The lowest was 4. And the median was 5.
Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) 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.
Orcay Ortakoy Caynayi Ve Ticaret AS Piotroski F-Score Related Terms
Orcay Ortakoy Caynayi Ve Ticaret AS 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.
Orcay Ortakoy Caynayi Ve Ticaret AS Piotroski F-Score Chart
IST:ORCAY vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Orcay Ortakoy Caynayi Ve Ticaret AS'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.
Orcay Ortakoy Caynayi Ve Ticaret AS Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Orcay Ortakoy Caynayi Ve Ticaret AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Orcay Ortakoy Caynayi Ve Ticaret AS'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.
Orcay Ortakoy Caynayi Ve Ticaret AS's current Net Income (TTM) was -159.4.
==> 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.
Orcay Ortakoy Caynayi Ve Ticaret AS's current Cash Flow from Operations (TTM) was 9.4.
==> 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.
Orcay Ortakoy Caynayi Ve Ticaret AS's return on assets of this year was -0.12413202. Orcay Ortakoy Caynayi Ve Ticaret AS's return on assets of last year was -0.1295681.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Orcay Ortakoy Caynayi Ve Ticaret AS's gearing of this year was 0.01665048. Orcay Ortakoy Caynayi Ve Ticaret AS's gearing of last year was 0.04001275.
==> 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
Orcay Ortakoy Caynayi Ve Ticaret AS's current ratio of this year was 0.92446705. Orcay Ortakoy Caynayi Ve Ticaret AS's current ratio of last year was 1.31789945.
==> 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.
Orcay Ortakoy Caynayi Ve Ticaret AS's number of shares in issue this year was 240. Orcay Ortakoy Caynayi Ve Ticaret AS's number of shares in issue last year was 200.784.
==> 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.
Orcay Ortakoy Caynayi Ve Ticaret AS's gross margin of this year was 0.21906807. Orcay Ortakoy Caynayi Ve Ticaret AS's gross margin of last year was 0.22744414.
==> 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
Orcay Ortakoy Caynayi Ve Ticaret AS's asset turnover of this year was 0.48249635. Orcay Ortakoy Caynayi Ve Ticaret AS's asset turnover of last year was 0.54414837.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Orcay Ortakoy Caynayi Ve Ticaret AS has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Orcay Ortakoy Caynayi Ve Ticaret AS and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Orcay Ortakoy Caynayi Ve Ticaret AS's Piotroski F-Score has ranged from 4.00 to 5.00. According to the industry distribution chart, Orcay Ortakoy Caynayi Ve Ticaret AS ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 67.2%.
Is Orcay Ortakoy Caynayi Ve Ticaret AS's Piotroski F-Score too high?
Orcay Ortakoy Caynayi Ve Ticaret AS's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 5.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Orcay Ortakoy Caynayi Ve Ticaret AS's value of 4 is 20% below this industry median. Based on the distribution chart, Orcay Ortakoy Caynayi Ve Ticaret AS ranks #1282 out of 1909 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Orcay Ortakoy Caynayi Ve Ticaret AS has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Orcay Ortakoy Caynayi Ve Ticaret AS's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Orcay Ortakoy Caynayi Ve Ticaret AS ranks #1282 out of 1909 companies for Piotroski F-Score. This places Orcay Ortakoy Caynayi Ve Ticaret AS in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Orcay Ortakoy Caynayi Ve Ticaret AS's value of 4 is 20% below this benchmark. Historically, Orcay Ortakoy Caynayi Ve Ticaret AS's own Piotroski F-Score has ranged from 4.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Orcay Ortakoy Caynayi Ve Ticaret AS 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 1,909 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. Orcay Ortakoy Caynayi Ve Ticaret AS's current Piotroski F-Score of 4 is 20% 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 Orcay Ortakoy Caynayi Ve Ticaret AS 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. Orcay Ortakoy Caynayi Ve Ticaret AS's current Piotroski F-Score is 4, which is 20% 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 Orcay Ortakoy Caynayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) is currently considered Possible Value Trap. The stock's GF Value™ is ₺6.95, compared to a current price of ₺4.13 — trading 40.6% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Orcay Ortakoy Caynayi Ve Ticaret AS's overall GF Score™ is 64/100 with 6 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 Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY), the current Piotroski F-Score is 4 as of Jun. 30, 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 Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) Overvalued in 2026?
Based on GuruFocus' analysis, Orcay Ortakoy Caynayi Ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺4.13 is trading 40.6% below its estimated GF Value™ of ₺6.95.
GuruFocus considers Orcay Ortakoy Caynayi Ve Ticaret AS to be Possible Value Trap.
Key valuation signals for IST:ORCAY:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: ₺6.95 vs. price of ₺4.13 (40.6% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1282 of 1909)
No single metric tells the full story. See the IST:ORCAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orcay Ortakoy Caynayi Ve Ticaret AS Business Description
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