AG Barr (LSE:BAG) Piotroski F-Score: 5 (As of Jun. 25, 2026) — 29% Below Median


LSE:BAG AG Barr PLC LSE:BAG
88 GF Score
Price £6.27
GF Value £6.96
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is AG Barr Piotroski F-Score?

AG Barr LSE:BAG +1.46% 88 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates LSE:BAG with a GF Score™ of 88/100 and a GF Value™ of £6.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, AG Barr ranks worse than 50.89% 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

AG Barr has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for AG Barr's Piotroski F-Score or its related term are showing as below:

LSE:BAG' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of AG Barr was 8. The lowest was 4. And the median was 7.

AG Barr  (LSE:BAG) 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.


AG Barr Piotroski F-Score Related Terms


AG Barr Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AG Barr'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.

AG Barr Piotroski F-Score Chart

AG Barr Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 7.00 7.00 5.00

AG Barr Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 7.00 0.00 5.00

LSE:BAG vs KO, PEP, MNST: Piotroski F-Score Comparison

For the Beverages - Non-Alcoholic subindustry, AG Barr'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.


AG Barr Piotroski F-Score vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, AG Barr's Piotroski F-Score distribution charts can be found below:

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


LSE:BAG
88GF Score
AG Barr PLC LSE:BAG
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 (Jan26) TTM:Last Year (Jan25) TTM:
Net Income was £47.1 Mil.
Cash Flow from Operations was £51.0 Mil.
Revenue was £437.3 Mil.
Gross Profit was £177.3 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was (432.9 + 514.2) / 2 = £473.55 Mil.
Total Assets at the begining of this year (Jan25) was £432.9 Mil.
Long-Term Debt & Capital Lease Obligation was £6.2 Mil.
Total Current Assets was £196.3 Mil.
Total Current Liabilities was £117.7 Mil.
Net Income was £39.7 Mil.

Revenue was £420.4 Mil.
Gross Profit was £164.3 Mil.
Average Total Assets from the begining of last year (Jan24)
to the end of last year (Jan25) was (401.7 + 432.9) / 2 = £417.3 Mil.
Total Assets at the begining of last year (Jan24) was £401.7 Mil.
Long-Term Debt & Capital Lease Obligation was £2.8 Mil.
Total Current Assets was £173.9 Mil.
Total Current Liabilities was £76.4 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.

AG Barr's current Net Income (TTM) was 47.1. ==> Positive ==> Score 1.

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.

AG Barr's current Cash Flow from Operations (TTM) was 51.0. ==> 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 (Jan25)
=47.1/432.9
=0.10880111

ROA (Last Year)=Net Income/Total Assets (Jan24)
=39.7/401.7
=0.09882997

AG Barr's return on assets of this year was 0.10880111. AG Barr's return on assets of last year was 0.09882997. ==> 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.

AG Barr's current Net Income (TTM) was 47.1. AG Barr's current Cash Flow from Operations (TTM) was 51.0. ==> 51.0 > 47.1 ==> 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: Jan26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan25 to Jan26
=6.2/473.55
=0.0130926

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=2.8/417.3
=0.0067098

AG Barr's gearing of this year was 0.0130926. AG Barr's gearing of last year was 0.0067098. ==> 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: Jan26)=Total Current Assets/Total Current Liabilities
=196.3/117.7
=1.66779949

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=173.9/76.4
=2.27617801

AG Barr's current ratio of this year was 1.66779949. AG Barr's current ratio of last year was 2.27617801. ==> 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.

AG Barr's number of shares in issue this year was 112.673. AG Barr's number of shares in issue last year was 112.05. ==> 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
=177.3/437.3
=0.40544249

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=164.3/420.4
=0.39081827

AG Barr's gross margin of this year was 0.40544249. AG Barr's gross margin of last year was 0.39081827. ==> 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 (Jan25)
=437.3/432.9
=1.01016401

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan24)
=420.4/401.7
=1.04655215

AG Barr's asset turnover of this year was 1.01016401. AG Barr's asset turnover of last year was 1.04655215. ==> 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
=1+1+1+1+0+0+0+1+0
=5

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

AG Barr has an F-score of 5 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 5 mean?
AG Barr (LSE:BAG) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AG Barr and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, AG Barr's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, AG Barr ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50.9%.
Is AG Barr's Piotroski F-Score too high?
AG Barr's current Piotroski F-Score of 5 is 29% below 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 8.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 5.50. AG Barr's value of 5 is 9.1% below this industry median. Based on the distribution chart, AG Barr ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, AG Barr has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AG Barr's Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, AG Barr ranks #57 out of 112 companies for Piotroski F-Score. This places AG Barr in the lower half of its industry. The industry median Piotroski F-Score is 5.50. AG Barr's value of 5 is 9.1% below this benchmark. Historically, AG Barr's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.50, AG Barr 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 Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 5.50, based on 112 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. AG Barr's current Piotroski F-Score of 5 is 9.1% 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 AG Barr and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AG Barr's current Piotroski F-Score is 5, which is 29% below 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 AG Barr stock overvalued right now?
Based on GuruFocus' analysis, AG Barr (LSE:BAG) is currently considered Modestly Undervalued. The stock's GF Value™ is £6.96, compared to a current price of £6.27 — trading 9.9% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 9.1% below the Beverages - Non-Alcoholic industry median of 5.50. AG Barr's overall GF Score™ is 88/100 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 AG Barr (LSE:BAG), the current Piotroski F-Score is 5 as of Jun. 25, 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 AG Barr (LSE:BAG) Overvalued in 2026?

Based on GuruFocus' analysis, AG Barr stock appears to be undervalued. The current stock price of £6.27 is trading 9.9% below its estimated GF Value™ of £6.96. GuruFocus considers AG Barr to be Modestly Undervalued.

Key valuation signals for LSE:BAG:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: £6.96 vs. price of £6.27 (9.9% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 9.1% below the Beverages - Non-Alcoholic median (#57 of 112)

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


AG Barr Business Description

Other Exchanges BAGFF:USABAGl:UK
Address 4 Mollins Road, Westfield House, Westfield, Cumbernauld, GBR, G68 9HD
AG Barr PLC manufactures, distributes, and sells a range of beverages in the United Kingdom. The company distributes its products to wholesalers and retailers. Its brands include Funkin, Barr Flavours, Moma, Rio, IRN-BRU, Simply Fruity, Sun Exotic, Rubicon, Boost Drinks, Snapple, and others. The company has three reportable segments, which include Soft drinks, Cocktail solutions, and others. The majority of its sales come from the Soft drinks segment. Geographically, it generates maximum revenue from the United Kingdom, followed by the Rest of the world.
88GF Score

Get the complete analysis for LSE:BAG

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

£6.27
Price
£6.96
GF Value