BAR DJUS AS (OCSE:BARDJU) Piotroski F-Score: 6 (As of Sep. 16, 2026) — Near Median

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OCSE:BARDJU BAR DJUS AS OCSE:BARDJU
12 GF Score
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What is BAR DJUS AS Piotroski F-Score?

BAR DJUS AS OCSE:BARDJU -3.88% 12 Piotroski F-Score is 6 as of Sep. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates OCSE:BARDJU with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 115 Beverages - Non-Alcoholic companies, BAR DJUS AS ranks better than 66.96% on this metric.

The zones of discrimination were as such:

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

BAR DJUS AS 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 BAR DJUS AS's Piotroski F-Score or its related term are showing as below:

OCSE:BARDJU' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 6
Current: 6

During the past 3 years, the highest Piotroski F-Score of BAR DJUS AS was 6. The lowest was 6. And the median was 6.

BAR DJUS AS  (OCSE:BARDJU) 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.


BAR DJUS AS Piotroski F-Score Related Terms


BAR DJUS AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BAR DJUS AS'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.

BAR DJUS AS Piotroski F-Score Chart

BAR DJUS AS Annual Data
Trend Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00

BAR DJUS AS Semi-Annual Data
Dec23 Dec24 Dec25
Piotroski F-Score N/A N/A 6.00

OCSE:BARDJU vs KO, PEP, MNST: Piotroski F-Score Comparison

For the Beverages - Non-Alcoholic subindustry, BAR DJUS AS'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.


BAR DJUS AS Piotroski F-Score vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, BAR DJUS AS's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BAR DJUS AS's Piotroski F-Score falls into.


OCSE:BARDJU
12GF Score
BAR DJUS AS OCSE:BARDJU
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 kr0.42 Mil.
Cash Flow from Operations was kr-1.79 Mil.
Revenue was kr20.33 Mil.
Gross Profit was kr6.49 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (0.005 + 0.009) / 2 = kr0.007 Mil.
Total Assets at the begining of this year (Dec24) was kr0.01 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr0.01 Mil.
Total Current Liabilities was kr0.00 Mil.
Net Income was kr0.40 Mil.

Revenue was kr15.96 Mil.
Gross Profit was kr5.04 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (0.004 + 0.005) / 2 = kr0.0045 Mil.
Total Assets at the begining of last year (Dec23) was kr0.00 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr0.00 Mil.
Total Current Liabilities was kr0.00 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.

BAR DJUS AS's current Net Income (TTM) was 0.42. ==> 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.

BAR DJUS AS's current Cash Flow from Operations (TTM) was -1.79. ==> 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 (Dec24)
=0.422/0.005
=84.4

ROA (Last Year)=Net Income/Total Assets (Dec23)
=0.404/0.004
=101

BAR DJUS AS's return on assets of this year was 84.4. BAR DJUS AS's return on assets of last year was 101. ==> 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.

BAR DJUS AS's current Net Income (TTM) was 0.42. BAR DJUS AS's current Cash Flow from Operations (TTM) was -1.79. ==> -1.79 <= 0.42 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.002/0.007
=0.28571429

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.002/0.0045
=0.44444444

BAR DJUS AS's gearing of this year was 0.28571429. BAR DJUS AS's gearing of last year was 0.44444444. ==> 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
=0.007/0.003
=2.33333333

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.004/0.002
=2

BAR DJUS AS's current ratio of this year was 2.33333333. BAR DJUS AS's current ratio of last year was 2. ==> 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.

BAR DJUS AS's number of shares in issue this year was 8.9. BAR DJUS AS's number of shares in issue last year was 8.9. ==> 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
=6.485/20.327
=0.3190338

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.044/15.955
=0.31613914

BAR DJUS AS's gross margin of this year was 0.3190338. BAR DJUS AS's gross margin of last year was 0.31613914. ==> 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)
=20.327/0.005
=4065.4

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=15.955/0.004
=3988.75

BAR DJUS AS's asset turnover of this year was 4065.4. BAR DJUS AS's asset turnover of last year was 3988.75. ==> This year's asset turnover is higher. ==> Score 1.

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+1+1+1+1+1
=6

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

BAR DJUS AS has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
BAR DJUS AS (OCSE:BARDJU) has a Piotroski F-Score of 6 as of Sep. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BAR DJUS AS and its competitors. This is near median its historical median of 6.00. Over the past decade, BAR DJUS AS's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, BAR DJUS AS ranks #38 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 33%.
Is BAR DJUS AS's Piotroski F-Score too high?
BAR DJUS AS's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 6.00. BAR DJUS AS's value of 6 is 0% at this industry median. Based on the distribution chart, BAR DJUS AS ranks #38 out of 115 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, BAR DJUS AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BAR DJUS AS's Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, BAR DJUS AS ranks #38 out of 115 companies for Piotroski F-Score. This puts BAR DJUS AS in the upper half of its industry. The industry median Piotroski F-Score is 6.00. BAR DJUS AS's value of 6 is 0% at this benchmark. Historically, BAR DJUS AS's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, BAR DJUS AS has consistently been at 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 - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 6.00, based on 115 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. BAR DJUS AS's current Piotroski F-Score of 6 is 0% at 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 BAR DJUS AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAR DJUS AS's current Piotroski F-Score is 6, which is near 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 BAR DJUS AS stock overvalued right now?
BAR DJUS AS (OCSE:BARDJU) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Beverages - Non-Alcoholic industry median of 6.00. BAR DJUS AS's overall GF Score™ is 12/100 with 1 warning sign 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 BAR DJUS AS (OCSE:BARDJU), the current Piotroski F-Score is 6 as of Sep. 16, 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.

BAR DJUS AS Business Description

Address Skovsoviadukten 8, Slagelse, DNK, 4200
BAR DJUS AS is a Denmark-based company in lime and lemon juice. It is a Danish brand that produces organic, cold-pressed juice for cocktails and gastronomy. The group specializes in lemon, lime, and ginger juice, used by professional bartenders and chefs. It is a proud supplier for food and cocktail competitions throughout Europe. The group's products are Organic Lemon Juice, Organic Lime Juice, Organic Pink Grapefruit Juice, Organic Ginger Juice, Organic Yuzu Juice, and Others.
12GF Score

Get the complete analysis for OCSE:BARDJU

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

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