Lucid GroupLCID -0.67%58 Piotroski F-Score is 2 as of Jun. 24, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates LCID with a GF Score™ of 58/100 and a GF Value™ of $43.42 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Lucid Group ranks worse than 95.41% on this metric.
Warning Sign:
Piotroski F-Score of 2 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lucid Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Lucid Group's Piotroski F-Score or its related term are showing as below:
LCID'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 5
Current: 2
During the past 7 years, the highest Piotroski F-Score of Lucid Group was 5. The lowest was 2. And the median was 4.
Lucid Group (NAS:LCID) 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.
Lucid Group Piotroski F-Score Related Terms
Lucid Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lucid Group'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.
LCID vs PSNY, CYD, LOT: Piotroski F-Score Comparison
For the Auto Manufacturers subindustry, Lucid Group'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.
Lucid Group Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lucid Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lucid Group'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 -539.432 + -978.428 + -814.02 + -1028.344 = $-3,360 Mil. Cash Flow from Operations was -830.241 + -756.65 + -916.408 + -1185.659 = $-3,689 Mil. Revenue was 259.432 + 336.58 + 522.73 + 282.465 = $1,401 Mil. Gross Profit was -272.351 + -333.617 + -421.906 + -311.705 = $-1,340 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(9217.969 + 8869.078 + 8823.038 + 8386.981 + 7483.168) / 5 = $8556.0468 Mil. Total Assets at the begining of this year (Mar25) was $9,218 Mil. Long-Term Debt & Capital Lease Obligation was $2,386 Mil. Total Current Assets was $2,757 Mil. Total Current Liabilities was $2,694 Mil.
Net Income was -643.39 + -992.475 + -397.218 + -366.171 = $-2,399 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.
Lucid Group's current Net Income (TTM) was -3,360.
==> 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.
Lucid Group's return on assets of this year was -0.36452976. Lucid Group's return on assets of last year was -0.26966876.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lucid Group's gearing of this year was 0.27884478. Lucid Group's gearing of last year was 0.26033149.
==> 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
Lucid Group's current ratio of this year was 1.02314736. Lucid Group's current ratio of last year was 3.32207538.
==> 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.
Lucid Group's number of shares in issue this year was 328.286. Lucid Group's number of shares in issue last year was 303.632.
==> 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.
Lucid Group's gross margin of this year was -0.95601792. Lucid Group's gross margin of last year was -1.0568035.
==> 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
Lucid Group's asset turnover of this year was 0.15200821. Lucid Group's asset turnover of last year was 0.09780106.
==> 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
+
0
+
0
+
0
+
0
+
0
+
0
+
1
+
1
=
2
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lucid Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Lucid Group (LCID) has a Piotroski F-Score of 2 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lucid Group and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Lucid Group's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Lucid Group ranks #1227 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 95.4%.
Is Lucid Group's Piotroski F-Score too high?
Lucid Group's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Lucid Group's value of 2 is 60% below this industry median. Based on the distribution chart, Lucid Group ranks #1227 out of 1286 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Lucid Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lucid Group's Piotroski F-Score compare to PSNY and CYD?
According to the Vehicles & Parts industry distribution chart, Lucid Group ranks #1227 out of 1286 companies for Piotroski F-Score. This places Lucid Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Lucid Group's value of 2 is 60% below this benchmark. Historically, Lucid Group's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Lucid Group 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. Lucid Group's current Piotroski F-Score of 2 is 60% 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 Lucid Group and its competitors. For the Vehicles & Parts 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. Lucid Group's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucid Group stock overvalued right now?
Based on GuruFocus' analysis, Lucid Group (LCID) is currently considered Possible Value Trap. The stock's GF Value™ is $43.42, compared to a current price of $5.16 — trading 88.1% below its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Vehicles & Parts industry median of 5.00. Lucid Group's overall GF Score™ is 58/100 with 7 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 Lucid Group (LCID), the current Piotroski F-Score is 2 as of Jun. 24, 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 Lucid Group (LCID) Overvalued in 2026?
Based on GuruFocus' analysis, Lucid Group stock appears to be undervalued.
The current stock price of $5.16 is trading 88.1% below its estimated GF Value™ of $43.42.
GuruFocus considers Lucid Group to be Possible Value Trap.
Key valuation signals for LCID:
Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
GF Value™: $43.42 vs. price of $5.16 (88.1% below fair value)
Industry Position: 60% below the Vehicles & Parts median (#1227 of 1286)
No single metric tells the full story. See the LCID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
58GF Score
Get the complete analysis for LCID
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LCID has been successfully added to your 
