Dream Finders Homes (MEX:DFH) Piotroski F-Score: 3 (As of Aug. 11, 2026) — 40% Below Median

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MEX:DFH Dream Finders Homes Inc MEX:DFH
81 GF Score
Price MXN427.29
GF Value MXN786.41
! 8 Warning Signs
View Full Analysis

What is Dream Finders Homes Piotroski F-Score?

Dream Finders Homes MEX:DFH 81 Piotroski F-Score is 3 as of Aug. 11, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates MEX:DFH with a GF Score™ of 81/100 and a GF Value™ of MXN786.41. The stock has 8 warning signs investors should review. Among 92 Homebuilding & Construction companies, Dream Finders Homes ranks worse than 79.35% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Dream Finders Homes has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

MEX:DFH' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 3

During the past 8 years, the highest Piotroski F-Score of Dream Finders Homes was 6. The lowest was 2. And the median was 5.

Dream Finders Homes  (MEX:DFH) 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.


Dream Finders Homes Piotroski F-Score Related Terms


Dream Finders Homes Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dream Finders Homes'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.

Dream Finders Homes Piotroski F-Score Chart

Dream Finders Homes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 6.00 4.00 6.00 5.00 2.00

Dream Finders Homes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.00 4.00 2.00 3.00 3.00

MEX:DFH vs LGIH, BXBL, BZH: Piotroski F-Score Comparison

For the Residential Construction subindustry, Dream Finders Homes'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.


Dream Finders Homes Piotroski F-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dream Finders Homes's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dream Finders Homes's Piotroski F-Score falls into.


MEX:DFH
81GF Score
Dream Finders Homes Inc MEX:DFH
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 862.122 + 1057.241 + 239.041 + 483.704 = MXN2,642 Mil.
Cash Flow from Operations was -2402.742 + 2585.727 + -893.484 + -1771.475 = MXN-2,482 Mil.
Revenue was 17790.279 + 21834.936 + 16010.134 + 18555.685 = MXN74,191 Mil.
Gross Profit was 3096.281 + 3599.952 + 2334.964 + 2694.178 = MXN11,725 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(68727.597 + 70354.391 + 67115.959 + 71641.97 + 69092.282) / 5 = MXN69386.4398 Mil.
Total Assets at the begining of this year (Jun25) was MXN68,728 Mil.
Long-Term Debt & Capital Lease Obligation was MXN10,336 Mil.
Total Current Assets was MXN49,018 Mil.
Total Current Liabilities was MXN30,631 Mil.
Net Income was 1391.139 + 2695.662 + 1123.217 + 1065.356 = MXN6,275 Mil.

Revenue was 19816.81 + 32532.389 + 20250.979 + 21663.089 = MXN94,263 Mil.
Gross Profit was 3887.102 + 5885.604 + 3958.027 + 3626.052 = MXN17,357 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(54689.245 + 65463.553 + 69421.347 + 71358.038 + 68727.597) / 5 = MXN65931.956 Mil.
Total Assets at the begining of last year (Jun24) was MXN54,689 Mil.
Long-Term Debt & Capital Lease Obligation was MXN5,568 Mil.
Total Current Assets was MXN46,044 Mil.
Total Current Liabilities was MXN34,396 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.

Dream Finders Homes's current Net Income (TTM) was 2,642. ==> 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.

Dream Finders Homes's current Cash Flow from Operations (TTM) was -2,482. ==> Negative ==> Score 0.

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 (Jun25)
=2642.108/68727.597
=0.03844319

ROA (Last Year)=Net Income/Total Assets (Jun24)
=6275.374/54689.245
=0.11474603

Dream Finders Homes's return on assets of this year was 0.03844319. Dream Finders Homes's return on assets of last year was 0.11474603. ==> Last year is higher ==> Score 0.

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.

Dream Finders Homes's current Net Income (TTM) was 2,642. Dream Finders Homes's current Cash Flow from Operations (TTM) was -2,482. ==> -2,482 <= 2,642 ==> CFROA <= ROA ==> Score 0.

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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=10335.776/69386.4398
=0.1489596

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=5568.02/65931.956
=0.08445101

Dream Finders Homes's gearing of this year was 0.1489596. Dream Finders Homes's gearing of last year was 0.08445101. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=49017.888/30631.056
=1.60026765

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=46043.608/34395.789
=1.33864084

Dream Finders Homes's current ratio of this year was 1.60026765. Dream Finders Homes's current ratio of last year was 1.33864084. ==> 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.

Dream Finders Homes's number of shares in issue this year was 91.342. Dream Finders Homes's number of shares in issue last year was 101.914. ==> 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
=11725.375/74191.034
=0.15804302

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=17356.785/94263.267
=0.18413095

Dream Finders Homes's gross margin of this year was 0.15804302. Dream Finders Homes's gross margin of last year was 0.18413095. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=74191.034/68727.597
=1.07949408

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=94263.267/54689.245
=1.72361617

Dream Finders Homes's asset turnover of this year was 1.07949408. Dream Finders Homes's asset turnover of last year was 1.72361617. ==> 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+0+0+0+0+1+1+0+0
=3

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

Dream Finders Homes has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Dream Finders Homes (MEX:DFH) has a Piotroski F-Score of 3 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dream Finders Homes and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Dream Finders Homes' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Dream Finders Homes ranks #73 out of 92 companies in the Homebuilding & Construction industry, placing it in the top 79.3%.
Is Dream Finders Homes' Piotroski F-Score too high?
Dream Finders Homes' current Piotroski F-Score of 3 is 40% below 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 6.00. The Homebuilding & Construction industry median Piotroski F-Score is 5.00. Dream Finders Homes' value of 3 is 40% below this industry median. Based on the distribution chart, Dream Finders Homes ranks #73 out of 92 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Dream Finders Homes has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Dream Finders Homes' Piotroski F-Score compare to LGIH and BXBL?
According to the Homebuilding & Construction industry distribution chart, Dream Finders Homes ranks #73 out of 92 companies for Piotroski F-Score. This places Dream Finders Homes in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Dream Finders Homes' value of 3 is 40% below this benchmark. Historically, Dream Finders Homes' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Dream Finders Homes 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 Homebuilding & Construction company?
The median Piotroski F-Score among Homebuilding & Construction companies is 5.00, based on 92 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. Dream Finders Homes's current Piotroski F-Score of 3 is 40% 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 Dream Finders Homes and its competitors. For the Homebuilding & 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. Dream Finders Homes's current Piotroski F-Score is 3, which is 40% below 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 Dream Finders Homes stock overvalued right now?
Dream Finders Homes (MEX:DFH) has a current Piotroski F-Score of 3. The stock's GF Value™ is MXN786.41, compared to a current price of MXN427.29 — trading 45.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Homebuilding & Construction industry median of 5.00. Dream Finders Homes' overall GF Score™ is 81/100 with 8 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 Dream Finders Homes (MEX:DFH), the current Piotroski F-Score is 3 as of Aug. 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 Dream Finders Homes (MEX:DFH) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Finders Homes stock appears to be undervalued. The current stock price of MXN427.29 is trading 45.7% below its estimated GF Value™ of MXN786.41.

Key valuation signals for MEX:DFH:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: MXN786.41 vs. price of MXN427.29 (45.7% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 40% below the Homebuilding & Construction median (#73 of 92)

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


Dream Finders Homes Business Description

Other Exchanges DFH:USA
Address 14701 Philips Highway, Suite 300, Jacksonville, FL, USA, 32256
Dream Finders Homes Inc designs, builds and sells homes in markets throughout the United States. The company's primary focus is on constructing and selling single-family homes across entry-level, first-time move-up, second-time move-up, and active adult markets. Its homebuilding operations are organized into four reportable segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It generates the maximum of its revenue from the Midwest segment.
81GF Score

Get the complete analysis for MEX:DFH

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

MXN427.29
Price
MXN786.41
GF Value