JCTC (Jewett-Cameron Trading Co) Piotroski F-Score: 4 (As of Jul. 16, 2026) — 20% Below Median

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JCTC Jewett-Cameron Trading Co Ltd JCTC
65 GF Score
Price $2.81
GF Value $3.32
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Jewett-Cameron Trading Co Piotroski F-Score?

Jewett-Cameron Trading Co JCTC +5.32% 65 Piotroski F-Score is 4 as of Jul. 16, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates JCTC with a GF Score™ of 65/100 and a GF Value™ of $3.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 282 Forest Products companies, Jewett-Cameron Trading Co ranks worse than 60.99% 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

Jewett-Cameron Trading Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Jewett-Cameron Trading Co's Piotroski F-Score or its related term are showing as below:

JCTC' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Jewett-Cameron Trading Co was 8. The lowest was 1. And the median was 5.

Jewett-Cameron Trading Co  (NAS:JCTC) 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.


Jewett-Cameron Trading Co Piotroski F-Score Related Terms


Jewett-Cameron Trading Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jewett-Cameron Trading Co'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.

Jewett-Cameron Trading Co Piotroski F-Score Chart

Jewett-Cameron Trading Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 2.00 5.00 7.00 1.00

Jewett-Cameron Trading Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.00 1.00 2.00 2.00 4.00

JCTC vs ITP, SSD, UFPI: Piotroski F-Score Comparison

For the Lumber & Wood Production subindustry, Jewett-Cameron Trading 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.


Jewett-Cameron Trading Co Piotroski F-Score vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Jewett-Cameron Trading Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jewett-Cameron Trading Co's Piotroski F-Score falls into.


JCTC
65GF Score
Jewett-Cameron Trading Co Ltd JCTC
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 (May26) TTM:Last Year (May25) TTM:
Net Income was -2.249 + -3.944 + -1.249 + -0.814 = $-8.26 Mil.
Cash Flow from Operations was -0.636 + -1.321 + -0.532 + 3.464 = $0.98 Mil.
Revenue was 10.371 + 8.653 + 10.537 + 9.852 = $39.41 Mil.
Gross Profit was 0.853 + -1.079 + 1.649 + 1.774 = $3.20 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was
(29.239 + 25.477 + 23.246 + 21.881 + 18.406) / 5 = $23.6498 Mil.
Total Assets at the begining of this year (May25) was $29.24 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $15.33 Mil.
Total Current Liabilities was $3.63 Mil.
Net Income was -0.191 + -0.659 + -0.573 + -0.65 = $-2.07 Mil.

Revenue was 13.214 + 9.267 + 9.055 + 12.605 = $44.14 Mil.
Gross Profit was 1.912 + 1.694 + 1.816 + 1.889 = $7.31 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was
(28.328 + 27.491 + 26.745 + 27.625 + 29.239) / 5 = $27.8856 Mil.
Total Assets at the begining of last year (May24) was $28.33 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $24.52 Mil.
Total Current Liabilities was $6.21 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.

Jewett-Cameron Trading Co's current Net Income (TTM) was -8.26. ==> 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.

Jewett-Cameron Trading Co's current Cash Flow from Operations (TTM) was 0.98. ==> 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 (May25)
=-8.256/29.239
=-0.2823626

ROA (Last Year)=Net Income/Total Assets (May24)
=-2.073/28.328
=-0.07317848

Jewett-Cameron Trading Co's return on assets of this year was -0.2823626. Jewett-Cameron Trading Co's return on assets of last year was -0.07317848. ==> 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.

Jewett-Cameron Trading Co's current Net Income (TTM) was -8.26. Jewett-Cameron Trading Co's current Cash Flow from Operations (TTM) was 0.98. ==> 0.98 > -8.26 ==> 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: May26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May25 to May26
=0/23.6498
=0

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=0/27.8856
=0

Jewett-Cameron Trading Co's gearing of this year was 0. Jewett-Cameron Trading Co's gearing of last year was 0. ==> 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: May26)=Total Current Assets/Total Current Liabilities
=15.327/3.631
=4.2211512

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=24.524/6.209
=3.94975036

Jewett-Cameron Trading Co's current ratio of this year was 4.2211512. Jewett-Cameron Trading Co's current ratio of last year was 3.94975036. ==> This year's current ratio is higher. ==> Score 1.

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.

Jewett-Cameron Trading Co's number of shares in issue this year was 3.52. Jewett-Cameron Trading Co's number of shares in issue last year was 3.518. ==> 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
=3.197/39.413
=0.08111537

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7.311/44.141
=0.16562833

Jewett-Cameron Trading Co's gross margin of this year was 0.08111537. Jewett-Cameron Trading Co's gross margin of last year was 0.16562833. ==> 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 (May25)
=39.413/29.239
=1.34795992

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=44.141/28.328
=1.55821096

Jewett-Cameron Trading Co's asset turnover of this year was 1.34795992. Jewett-Cameron Trading Co's asset turnover of last year was 1.55821096. ==> 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
=0+1+0+1+1+1+0+0+0
=4

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

Jewett-Cameron Trading Co has an F-score of 4 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 4 mean?
Jewett-Cameron Trading Co (JCTC) has a Piotroski F-Score of 4 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jewett-Cameron Trading Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Jewett-Cameron Trading Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Jewett-Cameron Trading Co ranks #172 out of 282 companies in the Forest Products industry, placing it in the top 61%.
Is Jewett-Cameron Trading Co's Piotroski F-Score too high?
Jewett-Cameron Trading Co'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 1.00 to a high of 8.00. The Forest Products industry median Piotroski F-Score is 5.00. Jewett-Cameron Trading Co's value of 4 is 20% below this industry median. Based on the distribution chart, Jewett-Cameron Trading Co ranks #172 out of 282 companies in the Forest Products industry, which is below the industry midpoint. Overall, Jewett-Cameron Trading Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jewett-Cameron Trading Co's Piotroski F-Score compare to ITP and SSD?
According to the Forest Products industry distribution chart, Jewett-Cameron Trading Co ranks #172 out of 282 companies for Piotroski F-Score. This places Jewett-Cameron Trading Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Jewett-Cameron Trading Co's value of 4 is 20% below this benchmark. Historically, Jewett-Cameron Trading Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Jewett-Cameron Trading Co 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 Forest Products company?
The median Piotroski F-Score among Forest Products companies is 5.00, based on 282 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. Jewett-Cameron Trading Co'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 Jewett-Cameron Trading Co and its competitors. For the Forest Products 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. Jewett-Cameron Trading Co'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 Jewett-Cameron Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Jewett-Cameron Trading Co (JCTC) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.32, compared to a current price of $2.81 — trading 15.5% 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 Forest Products industry median of 5.00. Jewett-Cameron Trading Co's overall GF Score™ is 65/100 with 3 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 Jewett-Cameron Trading Co (JCTC), the current Piotroski F-Score is 4 as of Jul. 16, 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 Jewett-Cameron Trading Co (JCTC) Overvalued in 2026?

Based on GuruFocus' analysis, Jewett-Cameron Trading Co stock appears to be undervalued. The current stock price of $2.81 is trading 15.5% below its estimated GF Value™ of $3.32. GuruFocus considers Jewett-Cameron Trading Co to be Modestly Undervalued.

Key valuation signals for JCTC:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: $3.32 vs. price of $2.81 (15.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 20% below the Forest Products median (#172 of 282)

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


Jewett-Cameron Trading Co Business Description

Address 32275 North West Hillcrest, North Plains, OR, USA, 97133
Jewett-Cameron Trading Co Ltd through its subsidiaries engages in the wholesale distribution of a variety of specialty wood products. Its operating segments include, The Industrial wood products segment is engaged in the processing and distribution of industrial wood products. The Pet Fencing and Other segment, which is the key revenue driver, operates as a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Seed processing and sales segment processes and distributes agricultural seed and Corporate and administrative. The company predominantly operates in the United States and also has a presence in Canada, Latin America, Europe and Asia Pacific, and other regions.
65GF Score

Get the complete analysis for JCTC

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

$2.81
Price
$3.32
GF Value