Galliford Try Holdings (LSE:GFRD) Piotroski F-Score: 8 (As of Jul. 18, 2026) — 60% Above Median

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LSE:GFRD Galliford Try Holdings PLC LSE:GFRD
74 GF Score
Price £5.77
GF Value £3.63
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Galliford Try Holdings Piotroski F-Score?

Galliford Try Holdings LSE:GFRD +1.23% 74 Piotroski F-Score is 8 as of Jul. 18, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates LSE:GFRD with a GF Score™ of 74/100 and a GF Value™ of £3.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,731 Construction companies, Galliford Try Holdings ranks better than 98.32% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Galliford Try Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

LSE:GFRD' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Galliford Try Holdings was 8. The lowest was 2. And the median was 5.

Galliford Try Holdings  (LSE:GFRD) 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.


Galliford Try Holdings Piotroski F-Score Related Terms


Galliford Try Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Galliford Try 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.

Galliford Try Holdings Piotroski F-Score Chart

Galliford Try Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 7.00 7.00 8.00

Galliford Try Holdings Semi-Annual Data
Jun16 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 0.00 7.00 0.00 8.00 0.00

LSE:GFRD vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Galliford Try 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.


Galliford Try Holdings Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Galliford Try Holdings's Piotroski F-Score distribution charts can be found below:

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


LSE:GFRD
74GF Score
Galliford Try Holdings PLC LSE:GFRD
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was £34 Mil.
Cash Flow from Operations was £66 Mil.
Revenue was £1,875 Mil.
Gross Profit was £152 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (824.1 + 833.6) / 2 = £828.85 Mil.
Total Assets at the begining of this year (Jun24) was £824 Mil.
Long-Term Debt & Capital Lease Obligation was £31 Mil.
Total Current Assets was £630 Mil.
Total Current Liabilities was £680 Mil.
Net Income was £27 Mil.

Revenue was £1,764 Mil.
Gross Profit was £120 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (712.7 + 824.1) / 2 = £768.4 Mil.
Total Assets at the begining of last year (Jun23) was £713 Mil.
Long-Term Debt & Capital Lease Obligation was £33 Mil.
Total Current Assets was £609 Mil.
Total Current Liabilities was £678 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.

Galliford Try Holdings's current Net Income (TTM) was 34. ==> 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.

Galliford Try Holdings's current Cash Flow from Operations (TTM) was 66. ==> 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 (Jun24)
=33.6/824.1
=0.04077175

ROA (Last Year)=Net Income/Total Assets (Jun23)
=27.4/712.7
=0.03844535

Galliford Try Holdings's return on assets of this year was 0.04077175. Galliford Try Holdings's return on assets of last year was 0.03844535. ==> 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.

Galliford Try Holdings's current Net Income (TTM) was 34. Galliford Try Holdings's current Cash Flow from Operations (TTM) was 66. ==> 66 > 34 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=31.1/828.85
=0.03752187

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=32.5/768.4
=0.04229568

Galliford Try Holdings's gearing of this year was 0.03752187. Galliford Try Holdings's gearing of last year was 0.04229568. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=629.9/680.4
=0.92577895

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=609.4/678
=0.89882006

Galliford Try Holdings's current ratio of this year was 0.92577895. Galliford Try Holdings's current ratio of last year was 0.89882006. ==> 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.

Galliford Try Holdings's number of shares in issue this year was 104.295. Galliford Try Holdings's number of shares in issue last year was 104.366. ==> 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
=151.5/1875.2
=0.08079138

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=119.7/1763.7
=0.06786869

Galliford Try Holdings's gross margin of this year was 0.08079138. Galliford Try Holdings's gross margin of last year was 0.06786869. ==> 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 (Jun24)
=1875.2/824.1
=2.27545201

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=1763.7/712.7
=2.47467378

Galliford Try Holdings's asset turnover of this year was 2.27545201. Galliford Try Holdings's asset turnover of last year was 2.47467378. ==> 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+1+1+1+1+0
=8

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

Galliford Try Holdings has an F-score of 8. 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 8 mean?
Galliford Try Holdings (LSE:GFRD) has a Piotroski F-Score of 8 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Galliford Try Holdings and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Galliford Try Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Galliford Try Holdings ranks #29 out of 1731 companies in the Construction industry, placing it in the top 1.7%.
Is Galliford Try Holdings' Piotroski F-Score too high?
Galliford Try Holdings' current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Galliford Try Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Galliford Try Holdings ranks #29 out of 1731 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Galliford Try Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Galliford Try Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Galliford Try Holdings ranks #29 out of 1731 companies for Piotroski F-Score. This places Galliford Try Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Galliford Try Holdings' value of 8 is 60% above this benchmark. Historically, Galliford Try Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Galliford Try 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Galliford Try Holdings's current Piotroski F-Score of 8 is 60% 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 Galliford Try Holdings and its competitors. For the Construction 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. Galliford Try Holdings's current Piotroski F-Score is 8, which is 60% above 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 Galliford Try Holdings stock overvalued right now?
Based on GuruFocus' analysis, Galliford Try Holdings (LSE:GFRD) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.63, compared to a current price of £5.77 — trading 59% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Construction industry median of 5.00. Galliford Try Holdings' overall GF Score™ is 74/100 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 Galliford Try Holdings (LSE:GFRD), the current Piotroski F-Score is 8 as of Jul. 18, 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 Galliford Try Holdings (LSE:GFRD) Overvalued in 2026?

Based on GuruFocus' analysis, Galliford Try Holdings stock appears to be overvalued. The current stock price of £5.77 is trading 59% above its estimated GF Value™ of £3.63. GuruFocus considers Galliford Try Holdings to be Significantly Overvalued.

Key valuation signals for LSE:GFRD:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: £3.63 vs. price of £5.77 (59% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 60% above the Construction median (#29 of 1731)

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


Galliford Try Holdings Business Description

Other Exchanges GFRDl:UK3WC:Germany
Address Blake House, 3 Frayswater Place, Cowley, Uxbridge, Middlesex, GBR, UB8 2AD
Galliford Try Holdings PLC operates in the construction and engineering industry. It specializes in building and infrastructure projects for clients across public, private, and regulated sectors. The company works on various projects, including commercial and residential construction, infrastructure development, and public-private partnership investments. Its operations are mainly based in the United Kingdom. Galliford Try focuses on delivering construction services that improve the built environment, spanning sectors such as health, water, education, and infrastructure. The company's operating segments are Building, Infrastructure, Investments, and Central, with the majority of revenue from the Building segment.
74GF Score

Get the complete analysis for LSE:GFRD

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

£5.77
Price
£3.63
GF Value