PHGPY (Pets at Home Group) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


PHGPY Pets at Home Group PLC PHGPY
53 GF Score
Price $10.42
GF Value $18.06
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Pets at Home Group Piotroski F-Score?

Pets at Home Group PHGPY 53 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates PHGPY with a GF Score™ of 53/100 and a GF Value™ of $18.06 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Pets at Home Group ranks better than 72.93% 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

Pets at Home Group 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 Pets at Home Group's Piotroski F-Score or its related term are showing as below:

PHGPY' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Pets at Home Group was 9. The lowest was 5. And the median was 6.

Pets at Home Group  (OTCPK:PHGPY) 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.


Pets at Home Group Piotroski F-Score Related Terms


Pets at Home Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pets at Home 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.

Pets at Home Group Piotroski F-Score Chart

Pets at Home Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 5.00 6.00 8.00 6.00

Pets at Home Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.00 0.00 8.00 0.00 6.00

PHGPY vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Pets at Home 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.


Pets at Home Group Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pets at Home Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pets at Home Group's Piotroski F-Score falls into.


PHGPY
53GF Score
Pets at Home Group PLC PHGPY
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $83 Mil.
Cash Flow from Operations was $255 Mil.
Revenue was $1,959 Mil.
Gross Profit was $896 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2140.568 + 2206.267) / 2 = $2173.4175 Mil.
Total Assets at the begining of this year (Mar25) was $2,141 Mil.
Long-Term Debt & Capital Lease Obligation was $421 Mil.
Total Current Assets was $278 Mil.
Total Current Liabilities was $453 Mil.
Net Income was $114 Mil.

Revenue was $1,914 Mil.
Gross Profit was $898 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2139.517 + 2140.568) / 2 = $2140.0425 Mil.
Total Assets at the begining of last year (Mar24) was $2,140 Mil.
Long-Term Debt & Capital Lease Obligation was $383 Mil.
Total Current Assets was $272 Mil.
Total Current Liabilities was $447 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.

Pets at Home Group's current Net Income (TTM) was 83. ==> 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.

Pets at Home Group's current Cash Flow from Operations (TTM) was 255. ==> 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 (Mar25)
=83.333/2140.568
=0.03893032

ROA (Last Year)=Net Income/Total Assets (Mar24)
=113.953/2139.517
=0.05326109

Pets at Home Group's return on assets of this year was 0.03893032. Pets at Home Group's return on assets of last year was 0.05326109. ==> 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.

Pets at Home Group's current Net Income (TTM) was 83. Pets at Home Group's current Cash Flow from Operations (TTM) was 255. ==> 255 > 83 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=421.2/2173.4175
=0.19379618

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=383.075/2140.0425
=0.17900345

Pets at Home Group's gearing of this year was 0.19379618. Pets at Home Group's gearing of last year was 0.17900345. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=277.6/452.933
=0.61289418

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=271.835/446.512
=0.60879663

Pets at Home Group's current ratio of this year was 0.61289418. Pets at Home Group's current ratio of last year was 0.60879663. ==> 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.

Pets at Home Group's number of shares in issue this year was 114.775. Pets at Home Group's number of shares in issue last year was 117.125. ==> 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
=896/1959.467
=0.45726721

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=897.545/1914.341
=0.46885325

Pets at Home Group's gross margin of this year was 0.45726721. Pets at Home Group's gross margin of last year was 0.46885325. ==> 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 (Mar25)
=1959.467/2140.568
=0.91539582

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1914.341/2139.517
=0.89475382

Pets at Home Group's asset turnover of this year was 0.91539582. Pets at Home Group's asset turnover of last year was 0.89475382. ==> 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+1+0+1+0+1+1+0+1
=6

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

Pets at Home Group 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?
Pets at Home Group (PHGPY) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pets at Home Group and its competitors. This is near median its historical median of 6.00. Over the past decade, Pets at Home Group's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Pets at Home Group ranks #298 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 27.1%.
Is Pets at Home Group's Piotroski F-Score too high?
Pets at Home Group'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 5.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Pets at Home Group's value of 6 is 20% above this industry median. Based on the distribution chart, Pets at Home Group ranks #298 out of 1101 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Pets at Home Group has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pets at Home Group's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Pets at Home Group ranks #298 out of 1101 companies for Piotroski F-Score. This puts Pets at Home Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Pets at Home Group's value of 6 is 20% above this benchmark. Historically, Pets at Home Group's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Pets at Home Group 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. Pets at Home Group's current Piotroski F-Score of 6 is 20% 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 Pets at Home Group and its competitors. For the Retail - Cyclical 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. Pets at Home Group'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 Pets at Home Group stock overvalued right now?
Based on GuruFocus' analysis, Pets at Home Group (PHGPY) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.06, compared to a current price of $10.42 — trading 42.3% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Retail - Cyclical industry median of 5.00. Pets at Home Group's overall GF Score™ is 53/100 with 7 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 Pets at Home Group (PHGPY), the current Piotroski F-Score is 6 as of Jun. 27, 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 Pets at Home Group (PHGPY) Overvalued in 2026?

Based on GuruFocus' analysis, Pets at Home Group stock appears to be undervalued. The current stock price of $10.42 is trading 42.3% below its estimated GF Value™ of $18.06. GuruFocus considers Pets at Home Group to be Significantly Undervalued.

Key valuation signals for PHGPY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $18.06 vs. price of $10.42 (42.3% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 20% above the Retail - Cyclical median (#298 of 1101)

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


Pets at Home Group Business Description

Address Epsom Avenue, Stanley Green Trading Estate, Chester House, Handforth, Cheshire, GBR, SK9 3RN
Pets at Home Group PLC is an omnichannel British retailer operating mainly in the United Kingdom. The company has a network of stores, websites, grooming salons, and pet services, such as veterinary. The product portfolio is diverse, including items for dogs, cats, fish, reptiles, birds, and wildlife. The items sold are from the following categories: food, pet beds, toys, pet clothing, kennels, collars, healthcare, grooming, training, books, and accessories. The products are sold under the Pets at Home brand, private brand, and labels. The veterinary services are located within stores, as well as in stand-alone locations, throughout the U.K.
53GF Score

Get the complete analysis for PHGPY

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

$10.42
Price
$18.06
GF Value