Vetropack Holding AG (MEX:VET) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 13% Below Median


What is Vetropack Holding AG Piotroski F-Score?

Vetropack Holding AG MEX:VET 58 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates MEX:VET with a GF Score™ of 58/100. The stock has 9 warning signs investors should review. Among 389 Packaging & Containers companies, Vetropack Holding AG ranks better than 89.2% 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

Vetropack Holding AG 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 Vetropack Holding AG's Piotroski F-Score or its related term are showing as below:

MEX:VET' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 8   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Vetropack Holding AG was 9. The lowest was 6. And the median was 8.

Vetropack Holding AG  (MEX:VET) 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.


Vetropack Holding AG Piotroski F-Score Related Terms


Vetropack Holding AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vetropack Holding AG'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.

Vetropack Holding AG Piotroski F-Score Chart

Vetropack Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 8.00 6.00 7.00

Vetropack Holding AG 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 8.00 0.00 6.00 0.00 7.00

MEX:VET vs SW, PKG, AMCR: Piotroski F-Score Comparison

For the Packaging & Containers subindustry, Vetropack Holding AG'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.


Vetropack Holding AG Piotroski F-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vetropack Holding AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Vetropack Holding AG's Piotroski F-Score falls into.


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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was MXN85.86 Mil.
Cash Flow from Operations was MXN2,426.67 Mil.
Revenue was MXN17,599.00 Mil.
Gross Profit was MXN11,166.29 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (28951.435 + 27368.935) / 2 = MXN28160.185 Mil.
Total Assets at the begining of this year (Dec24) was MXN28,951.44 Mil.
Long-Term Debt & Capital Lease Obligation was MXN0.00 Mil.
Total Current Assets was MXN9,704.42 Mil.
Total Current Liabilities was MXN5,440.80 Mil.
Net Income was MXN320.46 Mil.

Revenue was MXN19,697.83 Mil.
Gross Profit was MXN12,123.72 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (24805.799 + 28951.435) / 2 = MXN26878.617 Mil.
Total Assets at the begining of last year (Dec23) was MXN24,805.80 Mil.
Long-Term Debt & Capital Lease Obligation was MXN0.00 Mil.
Total Current Assets was MXN9,625.53 Mil.
Total Current Liabilities was MXN5,623.27 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.

Vetropack Holding AG's current Net Income (TTM) was 85.86. ==> 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.

Vetropack Holding AG's current Cash Flow from Operations (TTM) was 2,426.67. ==> 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 (Dec24)
=85.86/28951.435
=0.00296566

ROA (Last Year)=Net Income/Total Assets (Dec23)
=320.461/24805.799
=0.01291879

Vetropack Holding AG's return on assets of this year was 0.00296566. Vetropack Holding AG's return on assets of last year was 0.01291879. ==> 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.

Vetropack Holding AG's current Net Income (TTM) was 85.86. Vetropack Holding AG's current Cash Flow from Operations (TTM) was 2,426.67. ==> 2,426.67 > 85.86 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/28160.185
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/26878.617
=0

Vetropack Holding AG's gearing of this year was 0. Vetropack Holding AG's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=9704.415/5440.799
=1.78363784

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=9625.528/5623.273
=1.71173052

Vetropack Holding AG's current ratio of this year was 1.78363784. Vetropack Holding AG's current ratio of last year was 1.71173052. ==> 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.

Vetropack Holding AG's number of shares in issue this year was 0. Vetropack Holding AG's number of shares in issue last year was 0. ==> 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
=11166.291/17598.996
=0.63448455

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12123.721/19697.83
=0.61548511

Vetropack Holding AG's gross margin of this year was 0.63448455. Vetropack Holding AG's gross margin of last year was 0.61548511. ==> 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 (Dec24)
=17598.996/28951.435
=0.60787992

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=19697.83/24805.799
=0.79408166

Vetropack Holding AG's asset turnover of this year was 0.60787992. Vetropack Holding AG's asset turnover of last year was 0.79408166. ==> 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+0+1+1+1+1+1+0
=7

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

Vetropack Holding AG has an F-score of 7. 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 7 mean?
Vetropack Holding AG (MEX:VET) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vetropack Holding AG and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Vetropack Holding AG's Piotroski F-Score has ranged from 6.00 to 9.00. According to the industry distribution chart, Vetropack Holding AG ranks #42 out of 389 companies in the Packaging & Containers industry, placing it in the top 10.8%.
Is Vetropack Holding AG's Piotroski F-Score too high?
Vetropack Holding AG's current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 9.00. The Packaging & Containers industry median Piotroski F-Score is 5.00. Vetropack Holding AG's value of 7 is 40% above this industry median. Based on the distribution chart, Vetropack Holding AG ranks #42 out of 389 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Vetropack Holding AG has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Vetropack Holding AG's Piotroski F-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Vetropack Holding AG ranks #42 out of 389 companies for Piotroski F-Score. This places Vetropack Holding AG in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Vetropack Holding AG's value of 7 is 40% above this benchmark. Historically, Vetropack Holding AG's own Piotroski F-Score has ranged from 6.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Vetropack Holding AG 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 Packaging & Containers company?
The median Piotroski F-Score among Packaging & Containers companies is 5.00, based on 389 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. Vetropack Holding AG'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 Vetropack Holding AG and its competitors. For the Packaging & Containers 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. Vetropack Holding AG's current Piotroski F-Score is 7, which is 13% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetropack Holding AG stock overvalued right now?
Vetropack Holding AG (MEX:VET) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 40% above the Packaging & Containers industry median of 5.00. Vetropack Holding AG's overall GF Score™ is 58/100 with 9 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 Vetropack Holding AG (MEX:VET), the current Piotroski F-Score is 7 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.

Vetropack Holding AG Business Description

Address Schutzenmattstrasse 48, Bulach, CHE, 8180
Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production, and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. There are two segments: Glass packaging, and Specialty glass (Switzerland), the maximum of revenue is from Glass Packing.