Libstar Holdings (JSE:LBR) Piotroski F-Score: 7 (As of Jun. 27, 2026) — Near Median


JSE:LBR Libstar Holdings Ltd JSE:LBR
76 GF Score
Price R4.25
GF Value R4.23
Valuation Fairly Valued
! 4 Warning Signs
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What is Libstar Holdings Piotroski F-Score?

Libstar Holdings JSE:LBR 76 Piotroski F-Score is 7 as of Jun. 27, 2026, which is at its 10-year median of 7.00. GuruFocus rates JSE:LBR with a GF Score™ of 76/100 and a GF Value™ of R4.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Libstar Holdings ranks better than 88.59% 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

Libstar Holdings 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 Libstar Holdings's Piotroski F-Score or its related term are showing as below:

JSE:LBR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 7
Current: 7

During the past 12 years, the highest Piotroski F-Score of Libstar Holdings was 7. The lowest was 4. And the median was 7.

Libstar Holdings  (JSE:LBR) 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.


Libstar Holdings Piotroski F-Score Related Terms


Libstar Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Libstar 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.

Libstar Holdings Piotroski F-Score Chart

Libstar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 7.00 6.00 7.00

Libstar Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.00 0.00 6.00 0.00 7.00

JSE:LBR vs KHC, GIS, JBS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Libstar 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.


Libstar Holdings Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Libstar Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Libstar Holdings's Piotroski F-Score falls into.


JSE:LBR
76GF Score
Libstar Holdings Ltd JSE:LBR
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was R-0 Mil.
Cash Flow from Operations was R748 Mil.
Revenue was R12,329 Mil.
Gross Profit was R2,717 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (9274.515 + 8819.157) / 2 = R9046.836 Mil.
Total Assets at the begining of this year (Dec24) was R9,275 Mil.
Long-Term Debt & Capital Lease Obligation was R548 Mil.
Total Current Assets was R4,406 Mil.
Total Current Liabilities was R1,944 Mil.
Net Income was R-322 Mil.

Revenue was R11,397 Mil.
Gross Profit was R2,458 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (9766.076 + 9274.515) / 2 = R9520.2955 Mil.
Total Assets at the begining of last year (Dec23) was R9,766 Mil.
Long-Term Debt & Capital Lease Obligation was R532 Mil.
Total Current Assets was R4,464 Mil.
Total Current Liabilities was R2,059 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.

Libstar Holdings's current Net Income (TTM) was -0. ==> 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.

Libstar Holdings's current Cash Flow from Operations (TTM) was 748. ==> 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 (Dec24)
=-0.414/9274.515
=-4.464E-5

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-321.555/9766.076
=-0.03292571

Libstar Holdings's return on assets of this year was -4.464E-5. Libstar Holdings's return on assets of last year was -0.03292571. ==> This year is higher. ==> Score 1.

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.

Libstar Holdings's current Net Income (TTM) was -0. Libstar Holdings's current Cash Flow from Operations (TTM) was 748. ==> 748 > -0 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=548.332/9046.836
=0.06061036

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=531.656/9520.2955
=0.05584449

Libstar Holdings's gearing of this year was 0.06061036. Libstar Holdings's gearing of last year was 0.05584449. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=4405.787/1943.918
=2.26644694

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4464.424/2059.068
=2.16817706

Libstar Holdings's current ratio of this year was 2.26644694. Libstar Holdings's current ratio of last year was 2.16817706. ==> 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.

Libstar Holdings's number of shares in issue this year was 595.812. Libstar Holdings's number of shares in issue last year was 595.812. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2717.045/12329.167
=0.22037539

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2457.873/11396.519
=0.21566875

Libstar Holdings's gross margin of this year was 0.22037539. Libstar Holdings's gross margin of last year was 0.21566875. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=12329.167/9274.515
=1.32935976

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=11396.519/9766.076
=1.16694965

Libstar Holdings's asset turnover of this year was 1.32935976. Libstar Holdings's asset turnover of last year was 1.16694965. ==> 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+0+1+1+1+1
=7

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

Libstar Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Libstar Holdings (JSE:LBR) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Libstar Holdings and its competitors. This is near median its historical median of 7.00. Over the past decade, Libstar Holdings' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Libstar Holdings ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is Libstar Holdings' Piotroski F-Score too high?
Libstar Holdings' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Libstar Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, Libstar Holdings ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Libstar Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Libstar Holdings' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Libstar Holdings ranks #218 out of 1911 companies for Piotroski F-Score. This places Libstar Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Libstar Holdings' value of 7 is 40% above this benchmark. Historically, Libstar Holdings' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Libstar 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Libstar Holdings'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 Libstar Holdings 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. Libstar Holdings's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Libstar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Libstar Holdings (JSE:LBR) is currently considered Fairly Valued. The stock's GF Value™ is R4.23, compared to a current price of R4.25 — trading 0.5% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Libstar Holdings' overall GF Score™ is 76/100 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 Libstar Holdings (JSE:LBR), the current Piotroski F-Score is 7 as of Jun. 27, 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 Libstar Holdings (JSE:LBR) Overvalued in 2026?

Based on GuruFocus' analysis, Libstar Holdings stock appears to be overvalued. The current stock price of R4.25 is trading 0.5% above its estimated GF Value™ of R4.23. GuruFocus considers Libstar Holdings to be Fairly Valued.

Key valuation signals for JSE:LBR:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: R4.23 vs. price of R4.25 (0.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#218 of 1911)

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


Libstar Holdings Business Description

Address 43 Bloulelie Crescent, 1st Floor, Libstar House, Plattekloof, Cape Town, WC, ZAF, 7500
Libstar Holdings Ltd is a manufacturer, distributor, and marketer of branded and private-label consumer packaged goods. Its portfolio comprises: Perishable Products, such as dairy, meat, fresh mushrooms, and convenience meals; Ambient Products that include dry and wet condiments, meal ingredients, baked goods, snacks, and spreads; and Household and Personal Care products. Products are sold in South Africa and globally across four channels (Retail and wholesale, Food service, Exports, and Industrial and contract manufacturing). The company's operating segment includes Perishable Products, Ambient Products, and Household and Personal Care Products. It generates maximum revenue from the Ambient Products. The company's manufacturing facilities are situated in South Africa.
76GF Score

Get the complete analysis for JSE:LBR

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

R4.25
Price
R4.23
GF Value