Darling IngredientsMEX:DAR 53 Piotroski F-Score is 7 as of Jul. 11, 2026, which is at its 10-year median of 7.00. GuruFocus rates MEX:DAR with a GF Score™ of 53/100 and a GF Value™ of MXN740.40 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Darling Ingredients ranks better than 88.33% 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
Darling Ingredients has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Darling Ingredients's Piotroski F-Score or its related term are showing as below:
MEX:DAR'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Darling Ingredients was 9. The lowest was 3. And the median was 7.
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.
Darling Ingredients Piotroski F-Score Related Terms
Darling Ingredients Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Darling Ingredients'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.
MEX:DAR vs PPC, CPB, SFD: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Darling Ingredients'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.
Darling Ingredients Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Darling Ingredients's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Darling Ingredients'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 238.397 + 355.199 + 1025.245 + 2422.026 = MXN4,041 Mil. Cash Flow from Operations was 2745.429 + 4115.319 + 7933.545 + 2758.246 = MXN17,553 Mil. Revenue was 27895.799 + 28689.705 + 30786.128 + 27965.49 = MXN115,337 Mil. Gross Profit was 6513.34 + 7099.371 + 7727.704 + 7301.819 = MXN28,642 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(205237.542 + 193469.428 + 191739.797 + 185436.779 + 191887.061) / 5 = MXN193554.1214 Mil. Total Assets at the begining of this year (Mar25) was MXN205,238 Mil. Long-Term Debt & Capital Lease Obligation was MXN75,902 Mil. Total Current Assets was MXN29,685 Mil. Total Current Liabilities was MXN18,750 Mil.
Net Income was 1444.833 + 333.731 + 2125.363 + -535.187 = MXN3,369 Mil.
Revenue was 26661.099 + 27997.46 + 29566.98 + 28244.468 = MXN112,470 Mil. Gross Profit was 5988.31 + 6174.327 + 6960.84 + 6369.681 = MXN25,493 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(181608.985 + 194571.384 + 208180.009 + 210026.764 + 205237.542) / 5 = MXN199924.9368 Mil. Total Assets at the begining of last year (Mar24) was MXN181,609 Mil. Long-Term Debt & Capital Lease Obligation was MXN81,081 Mil. Total Current Assets was MXN29,761 Mil. Total Current Liabilities was MXN21,190 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.
Darling Ingredients's current Net Income (TTM) was 4,041.
==> 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.
Darling Ingredients's return on assets of this year was 0.01968873. Darling Ingredients's return on assets of last year was 0.01854941.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Darling Ingredients's gearing of this year was 0.39215056. Darling Ingredients's gearing of last year was 0.40555937.
==> 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
Darling Ingredients's current ratio of this year was 1.58324907. Darling Ingredients's current ratio of last year was 1.40448535.
==> 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.
Darling Ingredients's number of shares in issue this year was 161.031. Darling Ingredients's number of shares in issue last year was 158.677.
==> 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.
Darling Ingredients's gross margin of this year was 0.24833491. Darling Ingredients's gross margin of last year was 0.22666628.
==> 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
Darling Ingredients's asset turnover of this year was 0.56196893. Darling Ingredients's asset turnover of last year was 0.61929759.
==> 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
Darling Ingredients has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Darling Ingredients (MEX:DAR) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Darling Ingredients and its competitors. This is near median its historical median of 7.00. Over the past decade, Darling Ingredients' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Darling Ingredients ranks #223 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 11.7%.
Is Darling Ingredients' Piotroski F-Score too high?
Darling Ingredients' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Darling Ingredients' value of 7 is 40% above this industry median. Based on the distribution chart, Darling Ingredients ranks #223 out of 1911 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Darling Ingredients has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Darling Ingredients' Piotroski F-Score compare to PPC and CPB?
According to the Consumer Packaged Goods industry distribution chart, Darling Ingredients ranks #223 out of 1911 companies for Piotroski F-Score. This places Darling Ingredients in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Darling Ingredients' value of 7 is 40% above this benchmark. Historically, Darling Ingredients' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Darling Ingredients 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Darling Ingredients'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 Darling Ingredients and its competitors. For the Consumer Packaged Goods 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. Darling Ingredients's current Piotroski F-Score is 7, which is near 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 Darling Ingredients stock overvalued right now?
Based on GuruFocus' analysis, Darling Ingredients (MEX:DAR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN740.40, compared to a current price of MXN1,081.40 — trading 46.1% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Darling Ingredients' overall GF Score™ is 53/100 with 10 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 Darling Ingredients (MEX:DAR), the current Piotroski F-Score is 7 as of Jul. 11, 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 Darling Ingredients (MEX:DAR) Overvalued in 2026?
Based on GuruFocus' analysis, Darling Ingredients stock appears to be overvalued.
The current stock price of MXN1,081.40 is trading 46.1% above its estimated GF Value™ of MXN740.40.
GuruFocus considers Darling Ingredients to be Significantly Overvalued.
Key valuation signals for MEX:DAR:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: MXN740.40 vs. price of MXN1,081.40 (46.1% above fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#223 of 1911)
No single metric tells the full story. See the MEX:DAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Darling Ingredients Inc develops and produces sustainable natural ingredients from edible and inedible bio-nutrients for the pharmaceutical, food, pet food, animal feed, industrial, fuel, bioenergy, and fertilizer industries. The Company collects and processes animal by-products and recycled oils into ingredients. It operates through three reportable segments: Feed Ingredients, which generates maximum revenue and includes the collection and processing of animal by-products, used cooking oil, bakery residuals, pet food ingredients, hides, and fertilizers; Food Ingredients, which includes collagen, natural casings, and food-grade fats; and Fuel Ingredients, which includes renewable fuels, biogas, and energy products. The Company derives the majority of its revenue from North America.
53GF Score
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