Constellation BrandsLTS:0REP 69 Piotroski F-Score is 7 as of Jun. 25, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates LTS:0REP with a GF Score™ of 69/100 and a GF Value™ of CHF312.22. The stock has 3 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Constellation Brands ranks better than 89.47% 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
Constellation Brands has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Constellation Brands's Piotroski F-Score or its related term are showing as below:
LTS:0REP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Constellation Brands was 8. The lowest was 3. And the median was 6.
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.
Constellation Brands Piotroski F-Score Related Terms
Constellation Brands Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Constellation Brands'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.
LTS:0REP vs TAP, SAM: Piotroski F-Score Comparison
For the Beverages - Brewers subindustry, Constellation Brands'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.
Constellation Brands Piotroski F-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Constellation Brands'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 (Feb26) TTM:
Last Year (Feb25) TTM:
Net Income was 428.311 + 375.503 + 404.1 + 155.971 = CHF1,364 Mil. Cash Flow from Operations was 528.812 + 686.622 + 495.803 + 434.988 = CHF2,146 Mil. Revenue was 2087.199 + 1999.19 + 1786.464 + 1484.123 = CHF7,357 Mil. Gross Profit was 1051.151 + 1055.598 + 950.938 + 735.569 = CHF3,793 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was
(19560.688 + 18475.815 + 17259.753 + 17426.949 + 16926.896) / 5 = CHF17930.0202 Mil. Total Assets at the begining of this year (Feb25) was CHF19,561 Mil. Long-Term Debt & Capital Lease Obligation was CHF7,903 Mil. Total Current Assets was CHF2,246 Mil. Total Current Liabilities was CHF2,079 Mil.
Net Income was 797.018 + -1028.622 + 542.546 + -339.046 = CHF-28 Mil.
Revenue was 2419.044 + 2504.124 + 2170.361 + 1955.138 = CHF9,049 Mil. Gross Profit was 1275.773 + 1296.973 + 1131.34 + 1007.02 = CHF4,711 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was
(22534.19 + 23683.419 + 19799.56 + 20089.982 + 19560.688) / 5 = CHF21133.5678 Mil. Total Assets at the begining of last year (Feb24) was CHF22,534 Mil. Long-Term Debt & Capital Lease Obligation was CHF8,879 Mil. Total Current Assets was CHF3,357 Mil. Total Current Liabilities was CHF3,645 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.
Constellation Brands's current Net Income (TTM) was 1,364.
==> 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.
Constellation Brands's return on assets of this year was 0.06972582. Constellation Brands's return on assets of last year was -0.00124717.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Constellation Brands's gearing of this year was 0.44076805. Constellation Brands's gearing of last year was 0.42012338.
==> 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
Constellation Brands's current ratio of this year was 1.08048934. Constellation Brands's current ratio of last year was 0.92099523.
==> 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.
Constellation Brands's number of shares in issue this year was 173.705. Constellation Brands's number of shares in issue last year was 179.94.
==> 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.
Constellation Brands's gross margin of this year was 0.51559989. Constellation Brands's gross margin of last year was 0.52064089.
==> Last year's gross margin is higher ==> Score 0.
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
Constellation Brands's asset turnover of this year was 0.37611029. Constellation Brands's asset turnover of last year was 0.4015528.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Constellation Brands has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Constellation Brands (LTS:0REP) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Constellation Brands and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Constellation Brands' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Constellation Brands ranks #22 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 10.5%.
Is Constellation Brands' Piotroski F-Score too high?
Constellation Brands' current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Constellation Brands' value of 7 is 40% above this industry median. Based on the distribution chart, Constellation Brands ranks #22 out of 209 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Constellation Brands has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Constellation Brands' Piotroski F-Score compare to TAP and SAM?
According to the Beverages - Alcoholic industry distribution chart, Constellation Brands ranks #22 out of 209 companies for Piotroski F-Score. This places Constellation Brands in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Constellation Brands' value of 7 is 40% above this benchmark. Historically, Constellation Brands' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Constellation Brands 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. Constellation Brands'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 Constellation Brands 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. Constellation Brands's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Brands stock overvalued right now?
Constellation Brands (LTS:0REP) has a current Piotroski F-Score of 7. The stock's GF Value™ is CHF312.22, compared to a current price of CHF196.36 — trading 37.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Beverages - Alcoholic industry median of 5.00. Constellation Brands' overall GF Score™ is 69/100 with 3 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 Constellation Brands (LTS:0REP), the current Piotroski F-Score is 7 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 Constellation Brands (LTS:0REP) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Brands stock appears to be undervalued.
The current stock price of CHF196.36 is trading 37.1% below its estimated GF Value™ of CHF312.22.
Key valuation signals for LTS:0REP:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: CHF312.22 vs. price of CHF196.36 (37.1% below fair value)
Industry Position: 40% above the Beverages - Alcoholic median (#22 of 209)
No single metric tells the full story. See the LTS:0REP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the US, generating more than 90% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company has pruned assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the US, the firm has limited revenue exposure to international markets. Constellation owns a 10% stake in Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
69GF Score
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