Zwack Unicum (LTS:0GLR) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 14% Above Median


LTS:0GLR Zwack Unicum PLC LTS:0GLR
78 GF Score
Price Ft17,300.00
GF Value Ft12,625.36
! 6 Warning Signs
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What is Zwack Unicum Piotroski F-Score?

Zwack Unicum LTS:0GLR 78 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates LTS:0GLR with a GF Score™ of 78/100 and a GF Value™ of Ft12,625.36. The stock has 6 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Zwack Unicum ranks better than 98.09% 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

Zwack Unicum 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 Zwack Unicum's Piotroski F-Score or its related term are showing as below:

LTS:0GLR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Zwack Unicum was 9. The lowest was 4. And the median was 7.

Zwack Unicum  (LTS:0GLR) 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.


Zwack Unicum Piotroski F-Score Related Terms


Zwack Unicum Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Zwack Unicum'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.

Zwack Unicum Piotroski F-Score Chart

Zwack Unicum Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 5.00 6.00 9.00 8.00

Zwack Unicum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.00 8.00 8.00 6.00 8.00

LTS:0GLR vs BF.B: Piotroski F-Score Comparison

For the Beverages - Wineries & Distilleries subindustry, Zwack Unicum'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.


Zwack Unicum Piotroski F-Score vs Beverages - Alcoholic Industry

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

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


LTS:0GLR
78GF Score
Zwack Unicum PLC LTS:0GLR
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 772 + 826 + 2178 + -597 = Ft3,179 Mil.
Cash Flow from Operations was 269 + 275 + 3468 + -344 = Ft3,668 Mil.
Revenue was 5754 + 6120 + 9363 + 3195 = Ft24,432 Mil.
Gross Profit was 3886 + 4223 + 5697 + 1985 = Ft15,791 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(15067 + 16490 + 15534 + 19681 + 15588) / 5 = Ft16472 Mil.
Total Assets at the begining of this year (Mar25) was Ft15,067 Mil.
Long-Term Debt & Capital Lease Obligation was Ft0 Mil.
Total Current Assets was Ft11,490 Mil.
Total Current Liabilities was Ft5,843 Mil.
Net Income was 746 + 444 + 2266 + -467 = Ft2,989 Mil.

Revenue was 5627 + 5662 + 9749 + 3019 = Ft24,057 Mil.
Gross Profit was 3576 + 3800 + 5988 + 1888 = Ft15,252 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(14963 + 16407 + 14676 + 19845 + 15067) / 5 = Ft16191.6 Mil.
Total Assets at the begining of last year (Mar24) was Ft14,963 Mil.
Long-Term Debt & Capital Lease Obligation was Ft36 Mil.
Total Current Assets was Ft11,038 Mil.
Total Current Liabilities was Ft5,434 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.

Zwack Unicum's current Net Income (TTM) was 3,179. ==> 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.

Zwack Unicum's current Cash Flow from Operations (TTM) was 3,668. ==> 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 (Mar25)
=3179/15067
=0.21099091

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2989/14963
=0.19975941

Zwack Unicum's return on assets of this year was 0.21099091. Zwack Unicum's return on assets of last year was 0.19975941. ==> 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.

Zwack Unicum's current Net Income (TTM) was 3,179. Zwack Unicum's current Cash Flow from Operations (TTM) was 3,668. ==> 3,668 > 3,179 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/16472
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=36/16191.6
=0.00222338

Zwack Unicum's gearing of this year was 0. Zwack Unicum's gearing of last year was 0.00222338. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=11490/5843
=1.96645559

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=11038/5434
=2.0312845

Zwack Unicum's current ratio of this year was 1.96645559. Zwack Unicum's current ratio of last year was 2.0312845. ==> 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.

Zwack Unicum's number of shares in issue this year was 2. Zwack Unicum's number of shares in issue last year was 2. ==> 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
=15791/24432
=0.64632449

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15252/24057
=0.63399426

Zwack Unicum's gross margin of this year was 0.64632449. Zwack Unicum's gross margin of last year was 0.63399426. ==> 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 (Mar25)
=24432/15067
=1.62155705

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=24057/14963
=1.60776582

Zwack Unicum's asset turnover of this year was 1.62155705. Zwack Unicum's asset turnover of last year was 1.60776582. ==> 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
=1+1+1+1+1+0+1+1+1
=8

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

Zwack Unicum 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?
Zwack Unicum (LTS:0GLR) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zwack Unicum and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Zwack Unicum's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Zwack Unicum ranks #4 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 1.9%.
Is Zwack Unicum's Piotroski F-Score too high?
Zwack Unicum's current Piotroski F-Score of 8 is 14% above 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 9.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Zwack Unicum's value of 8 is 60% above this industry median. Based on the distribution chart, Zwack Unicum ranks #4 out of 209 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Zwack Unicum has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Zwack Unicum's Piotroski F-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Zwack Unicum ranks #4 out of 209 companies for Piotroski F-Score. This places Zwack Unicum in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Zwack Unicum's value of 8 is 60% above this benchmark. Historically, Zwack Unicum's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Zwack Unicum 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 Beverages - Alcoholic company?
The median Piotroski F-Score among Beverages - Alcoholic companies is 5.00, based on 209 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. Zwack Unicum'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 Zwack Unicum and its competitors. For the Beverages - Alcoholic 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. Zwack Unicum's current Piotroski F-Score is 8, which is 14% above 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 Zwack Unicum stock overvalued right now?
Zwack Unicum (LTS:0GLR) has a current Piotroski F-Score of 8. The stock's GF Value™ is Ft12,625.36, compared to a current price of Ft17,300.00 — trading 37% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Beverages - Alcoholic industry median of 5.00. Zwack Unicum's overall GF Score™ is 78/100 with 6 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 Zwack Unicum (LTS:0GLR), the current Piotroski F-Score is 8 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 Zwack Unicum (LTS:0GLR) Overvalued in 2026?

Based on GuruFocus' analysis, Zwack Unicum stock appears to be overvalued. The current stock price of Ft17,300.00 is trading 37% above its estimated GF Value™ of Ft12,625.36.

Key valuation signals for LTS:0GLR:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: Ft12,625.36 vs. price of Ft17,300.00 (37% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 60% above the Beverages - Alcoholic median (#4 of 209)

No single metric tells the full story. See the LTS:0GLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zwack Unicum Business Description

Other Exchanges ZWACK:HungaryZWC1:Germany
Address 26 Soroksari ut, Budapest, HUN, 1095
Zwack Unicum PLC is a company that operates in the beverage business. The core activity of the company is the production of alcoholic drinks. Its products include wine, whiskey, liquor, vodka, and other spirits under the Unicum and Unicum Plum, Futyulos, St. Hubertus, and Izabella Zwack Wine brand names. Geographically, it operates through the region of Hungary, and its products are also made available in the region of Europe, the USA, and other international markets.
78GF Score

Get the complete analysis for LTS:0GLR

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

Ft17,300.00
Price
Ft12,625.36
GF Value