JG Summit HoldingsJGSHF 62 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates JGSHF with a GF Score™ of 62/100 and a GF Value™ of $0.40 (Fairly Valued). The stock has 3 warning signs investors should review. Among 555 Conglomerates companies, JG Summit Holdings ranks better than 71.89% 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
JG Summit Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for JG Summit Holdings's Piotroski F-Score or its related term are showing as below:
JGSHF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of JG Summit Holdings was 9. The lowest was 3. And the median was 6.
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.
JG Summit Holdings Piotroski F-Score Related Terms
JG Summit Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for JG Summit Holdings'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.
For the Conglomerates subindustry, JG Summit Holdings'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.
JG Summit Holdings Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JG Summit Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where JG Summit Holdings'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 174.022 + 61.583 + -1750.152 + 84.698 = $-1,430 Mil. Cash Flow from Operations was 259.912 + 144.502 + 453.987 + 334.284 = $1,193 Mil. Revenue was 1566.296 + 1364.854 + 1486.89 + 1632.147 = $6,050 Mil. Gross Profit was 564.484 + 448.617 + 364.652 + 486.16 = $1,864 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(17055.275 + 17127.239 + 17156.53 + 15849.488 + 16161.634) / 5 = $16670.0332 Mil. Total Assets at the begining of this year (Mar25) was $17,055 Mil. Long-Term Debt & Capital Lease Obligation was $5,852 Mil. Total Current Assets was $3,798 Mil. Total Current Liabilities was $3,104 Mil.
Net Income was 63.223 + 49.913 + 56.317 + 70.97 = $240 Mil.
Revenue was 1491.162 + 1456.164 + 981.428 + 1524.754 = $5,454 Mil. Gross Profit was 470.323 + 391.67 + 376.141 + 438.891 = $1,677 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(16175.398 + 16390.942 + 16761.883 + 17034.981 + 17055.275) / 5 = $16683.6958 Mil. Total Assets at the begining of last year (Mar24) was $16,175 Mil. Long-Term Debt & Capital Lease Obligation was $5,351 Mil. Total Current Assets was $3,799 Mil. Total Current Liabilities was $3,481 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.
JG Summit Holdings's current Net Income (TTM) was -1,430.
==> 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.
JG Summit Holdings's return on assets of this year was -0.08383617. JG Summit Holdings's return on assets of last year was 0.0148635.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
JG Summit Holdings's gearing of this year was 0.35101928. JG Summit Holdings's gearing of last year was 0.32070826.
==> 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
JG Summit Holdings's current ratio of this year was 1.22360224. JG Summit Holdings's current ratio of last year was 1.09141023.
==> 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.
JG Summit Holdings's number of shares in issue this year was 7520.984. JG Summit Holdings's number of shares in issue last year was 7520.984.
==> 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.
JG Summit Holdings's gross margin of this year was 0.30807527. JG Summit Holdings's gross margin of last year was 0.30751307.
==> 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
JG Summit Holdings's asset turnover of this year was 0.35473993. JG Summit Holdings's asset turnover of last year was 0.3371483.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
JG Summit Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
JG Summit Holdings (JGSHF) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JG Summit Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, JG Summit Holdings' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, JG Summit Holdings ranks #156 out of 555 companies in the Conglomerates industry, placing it in the top 28.1%.
Is JG Summit Holdings' Piotroski F-Score too high?
JG Summit Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. JG Summit Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, JG Summit Holdings ranks #156 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, JG Summit Holdings has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JG Summit Holdings' Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, JG Summit Holdings ranks #156 out of 555 companies for Piotroski F-Score. This puts JG Summit Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. JG Summit Holdings' value of 6 is 20% above this benchmark. Historically, JG Summit Holdings' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, JG Summit Holdings 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. JG Summit Holdings's current Piotroski F-Score of 6 is 20% 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 JG Summit Holdings and its competitors. For the Conglomerates 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. JG Summit Holdings's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Summit Holdings stock overvalued right now?
Based on GuruFocus' analysis, JG Summit Holdings (JGSHF) is currently considered Fairly Valued. The stock's GF Value™ is $0.40, compared to a current price of $0.44 — trading 10.2% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Conglomerates industry median of 5.00. JG Summit Holdings' overall GF Score™ is 62/100 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 JG Summit Holdings (JGSHF), the current Piotroski F-Score is 6 as of Jun. 26, 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 JG Summit Holdings (JGSHF) Overvalued in 2026?
Based on GuruFocus' analysis, JG Summit Holdings stock appears to be overvalued.
The current stock price of $0.44 is trading 10.2% above its estimated GF Value™ of $0.40.
GuruFocus considers JG Summit Holdings to be Fairly Valued.
Key valuation signals for JGSHF:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $0.40 vs. price of $0.44 (10.2% above fair value)
Industry Position: 20% above the Conglomerates median (#156 of 555)
No single metric tells the full story. See the JGSHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in food, agro-industrial, and commodities, real estate and hotel, air transportation, banking, and petrochemicals. The company also has investments in telecommunications and power generation, and distribution. It also has a branded consumer foods business in China, ASEAN, and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, around Metro Manila, and in the regions of Luzon, Visayas, and Mindanao.
62GF Score
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