PFAI (Pinnacle Food Group) Piotroski F-Score: 2 (As of Sep. 11, 2026) — 50% Below Median

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PFAI Pinnacle Food Group Ltd PFAI
12 GF Score
Price $3.01
! 5 Warning Signs
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What is Pinnacle Food Group Piotroski F-Score?

Pinnacle Food Group PFAI 12 Piotroski F-Score is 2 as of Sep. 11, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates PFAI with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 1,946 Consumer Packaged Goods companies, Pinnacle Food Group ranks worse than 94.19% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

Pinnacle Food Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Pinnacle Food Group's Piotroski F-Score or its related term are showing as below:

PFAI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 5
Current: 2

During the past 4 years, the highest Piotroski F-Score of Pinnacle Food Group was 5. The lowest was 2. And the median was 4.

Pinnacle Food Group  (NAS:PFAI) 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.


Pinnacle Food Group Piotroski F-Score Related Terms


Pinnacle Food Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pinnacle Food Group'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.

Pinnacle Food Group Piotroski F-Score Chart

Pinnacle Food Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 5.00 2.00

Pinnacle Food Group Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 5.00 0.00 2.00

PFAI vs LOCL, ESGH, SDOT: Piotroski F-Score Comparison

For the Farm Products subindustry, Pinnacle Food Group'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.


Pinnacle Food Group Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinnacle Food Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pinnacle Food Group's Piotroski F-Score falls into.


PFAI
12GF Score
Pinnacle Food Group Ltd PFAI
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 $-1.90 Mil.
Cash Flow from Operations was $-3.59 Mil.
Revenue was $3.41 Mil.
Gross Profit was $1.31 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5.605 + 10.286) / 2 = $7.9455 Mil.
Total Assets at the begining of this year (Dec24) was $5.61 Mil.
Long-Term Debt & Capital Lease Obligation was $1.51 Mil.
Total Current Assets was $5.32 Mil.
Total Current Liabilities was $2.42 Mil.
Net Income was $0.29 Mil.

Revenue was $3.29 Mil.
Gross Profit was $1.56 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3.817 + 5.605) / 2 = $4.711 Mil.
Total Assets at the begining of last year (Dec23) was $3.82 Mil.
Long-Term Debt & Capital Lease Obligation was $0.11 Mil.
Total Current Assets was $3.90 Mil.
Total Current Liabilities was $2.90 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.

Pinnacle Food Group's current Net Income (TTM) was -1.90. ==> 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.

Score 1 if positive, 0 if negative.

Pinnacle Food Group's current Cash Flow from Operations (TTM) was -3.59. ==> 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)
=-1.904/5.605
=-0.3396967

ROA (Last Year)=Net Income/Total Assets (Dec23)
=0.286/3.817
=0.07492795

Pinnacle Food Group's return on assets of this year was -0.3396967. Pinnacle Food Group's return on assets of last year was 0.07492795. ==> 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.

Pinnacle Food Group's current Net Income (TTM) was -1.90. Pinnacle Food Group's current Cash Flow from Operations (TTM) was -3.59. ==> -3.59 <= -1.90 ==> 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
=1.51/7.9455
=0.19004468

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.106/4.711
=0.02250053

Pinnacle Food Group's gearing of this year was 0.19004468. Pinnacle Food Group's gearing of last year was 0.02250053. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=5.322/2.415
=2.20372671

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3.903/2.904
=1.34400826

Pinnacle Food Group's current ratio of this year was 2.20372671. Pinnacle Food Group's current ratio of last year was 1.34400826. ==> 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.

Pinnacle Food Group's number of shares in issue this year was 11.158. Pinnacle Food Group's number of shares in issue last year was 11.7. ==> 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
=1.306/3.413
=0.38265456

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.556/3.29
=0.47294833

Pinnacle Food Group's gross margin of this year was 0.38265456. Pinnacle Food Group's gross margin of last year was 0.47294833. ==> 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 (Dec24)
=3.413/5.605
=0.60892061

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3.29/3.817
=0.86193346

Pinnacle Food Group's asset turnover of this year was 0.60892061. Pinnacle Food Group's asset turnover of last year was 0.86193346. ==> 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
=0+0+0+0+0+1+1+0+0
=2

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

Pinnacle Food Group has an F-score of 2. 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 2 mean?
Pinnacle Food Group (PFAI) has a Piotroski F-Score of 2 as of Sep. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pinnacle Food Group and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Pinnacle Food Group's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Pinnacle Food Group ranks #1833 out of 1946 companies in the Consumer Packaged Goods industry, placing it in the top 94.2%.
Is Pinnacle Food Group's Piotroski F-Score too high?
Pinnacle Food Group's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Pinnacle Food Group's value of 2 is 60% below this industry median. Based on the distribution chart, Pinnacle Food Group ranks #1833 out of 1946 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Pinnacle Food Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pinnacle Food Group's Piotroski F-Score compare to LOCL and ESGH?
According to the Consumer Packaged Goods industry distribution chart, Pinnacle Food Group ranks #1833 out of 1946 companies for Piotroski F-Score. This places Pinnacle Food Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Pinnacle Food Group's value of 2 is 60% below this benchmark. Historically, Pinnacle Food Group's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Pinnacle Food Group 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,946 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. Pinnacle Food Group's current Piotroski F-Score of 2 is 60% 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 Pinnacle Food Group 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. Pinnacle Food Group's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle Food Group stock overvalued right now?
Pinnacle Food Group (PFAI) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Pinnacle Food Group's overall GF Score™ is 12/100 with 5 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 Pinnacle Food Group (PFAI), the current Piotroski F-Score is 2 as of Sep. 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.

Pinnacle Food Group Business Description

Address 600 837 West Hastings Street, Vancouver, BC, CAN, V6C 2X1
Pinnacle Food Group Ltd is a provider of smart farming solutions focused on vertical and hydroponic farming. The company focuses on promoting sustainable food security by developing and building customized smart farming systems for customers based on the systematic integration of technology, hardware, and software, coupled with a full range of integrated supply and technical services. It sells hydroponic growing systems and technical support services to individual households and community groups, and is developing a hydroponic growing system for urban farms. Geographically, the company generates the majority revenue from Canada, followed by New Zealand.
12GF Score

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

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