Foley WinesNZSE:FWL 32 Piotroski F-Score is 7 as of Jun. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NZSE:FWL with a GF Score™ of 32/100 and a GF Value™ of NZ$0.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Foley Wines 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
Foley Wines 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 Foley Wines's Piotroski F-Score or its related term are showing as below:
NZSE:FWL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Foley Wines was 8. The lowest was 4. 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.
Foley Wines Piotroski F-Score Related Terms
Foley Wines Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Foley Wines'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.
For the Beverages - Wineries & Distilleries subindustry, Foley Wines'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.
Foley Wines Piotroski F-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Foley Wines's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Foley Wines'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.
*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.
Foley Wines's current Net Income (TTM) was -1.86.
==> Negative ==> Score 0.
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.
Foley Wines's return on assets of this year was -0.00755566. Foley Wines's return on assets of last year was -0.01645034.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Foley Wines's gearing of this year was 0.21558301. Foley Wines's gearing of last year was 0.26217359.
==> 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
Foley Wines's current ratio of this year was 2.88850403. Foley Wines's current ratio of last year was 3.44569651.
==> 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.
Foley Wines's number of shares in issue this year was 65.736. Foley Wines's number of shares in issue last year was 65.736.
==> 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.
Foley Wines's gross margin of this year was 0.31997278. Foley Wines's gross margin of last year was 0.29231997.
==> 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
Foley Wines's asset turnover of this year was 0.28697269. Foley Wines's asset turnover of last year was 0.26762738.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Foley Wines has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Foley Wines (NZSE:FWL) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Foley Wines and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Foley Wines' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Foley Wines ranks #22 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 10.5%.
Is Foley Wines' Piotroski F-Score too high?
Foley Wines' 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 4.00 to a high of 8.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Foley Wines' value of 7 is 40% above this industry median. Based on the distribution chart, Foley Wines ranks #22 out of 209 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Foley Wines has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Foley Wines' Piotroski F-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Foley Wines ranks #22 out of 209 companies for Piotroski F-Score. This places Foley Wines in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Foley Wines' value of 7 is 40% above this benchmark. Historically, Foley Wines' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Foley Wines 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. Foley Wines'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 Foley Wines 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. Foley Wines'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 Foley Wines stock overvalued right now?
Based on GuruFocus' analysis, Foley Wines (NZSE:FWL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.89, compared to a current price of NZ$0.48 — trading 46.1% 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. Foley Wines' overall GF Score™ is 32/100 with 4 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 Foley Wines (NZSE:FWL), the current Piotroski F-Score is 7 as of Jun. 29, 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 Foley Wines (NZSE:FWL) Overvalued in 2026?
Based on GuruFocus' analysis, Foley Wines stock appears to be undervalued.
The current stock price of NZ$0.48 is trading 46.1% below its estimated GF Value™ of NZ$0.89.
GuruFocus considers Foley Wines to be Possible Value Trap.
Key valuation signals for NZSE:FWL:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: NZ$0.89 vs. price of NZ$0.48 (46.1% below fair value)
Industry Position: 40% above the Beverages - Alcoholic median (#22 of 209)
No single metric tells the full story. See the NZSE:FWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foley Wines Ltd is a wine company that produces table wines and markets and sells premium wines in New Zealand and various export markets. The company's vineyards are in Marlborough and Martinborough, New Zealand. The company earns majority of its revenue from sale of bottled wines. It sells its products in New Zealand, Australia, the United States, the United Kingdom, Europe, and the rest of the world.
32GF Score
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