PLAG (Planet Green Holdings) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 25% Above Median


PLAG Planet Green Holdings Corp PLAG
50 GF Score
Price $1.71
GF Value $1.29
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Planet Green Holdings Piotroski F-Score?

Planet Green Holdings PLAG -3.67% 50 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates PLAG with a GF Score™ of 50/100 and a GF Value™ of $1.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 555 Conglomerates companies, Planet Green Holdings ranks better than 50.99% 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

Planet Green Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Planet Green Holdings's Piotroski F-Score or its related term are showing as below:

PLAG' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Planet Green Holdings was 6. The lowest was 1. And the median was 4.

Planet Green Holdings  (AMEX:PLAG) 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.


Planet Green Holdings Piotroski F-Score Related Terms


Planet Green Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Planet Green Holdings'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.

Planet Green Holdings Piotroski F-Score Chart

Planet Green Holdings 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 2.00 3.00 3.00 6.00 2.00

Planet Green Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.00 4.00 3.00 2.00 5.00

PLAG vs HHS, LGPS, STRR: Piotroski F-Score Comparison

For the Conglomerates subindustry, Planet Green Holdings'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.


Planet Green Holdings Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Planet Green Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Planet Green Holdings's Piotroski F-Score falls into.


PLAG
50GF Score
Planet Green Holdings Corp PLAG
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 -0.774 + -12.148 + -13.257 + 0.312 = $-25.87 Mil.
Cash Flow from Operations was -1.681 + 0.697 + -0.457 + 4.58 = $3.14 Mil.
Revenue was 0.907 + 0.772 + 0.522 + 6.358 = $8.56 Mil.
Gross Profit was 0.009 + 0.028 + 0.009 + 1.53 = $1.58 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(26.117 + 28.143 + 12.294 + 10.21 + 16.88) / 5 = $18.7288 Mil.
Total Assets at the begining of this year (Mar25) was $26.12 Mil.
Long-Term Debt & Capital Lease Obligation was $2.05 Mil.
Total Current Assets was $11.58 Mil.
Total Current Liabilities was $16.48 Mil.
Net Income was -1.721 + -1.185 + -3.342 + -0.797 = $-7.05 Mil.

Revenue was 0.904 + 1.461 + 0.939 + 0.84 = $4.14 Mil.
Gross Profit was -0.034 + 0.096 + 0.108 + 0.055 = $0.23 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(42.899 + 42.239 + 41.911 + 25.417 + 26.117) / 5 = $35.7166 Mil.
Total Assets at the begining of last year (Mar24) was $42.90 Mil.
Long-Term Debt & Capital Lease Obligation was $0.41 Mil.
Total Current Assets was $8.06 Mil.
Total Current Liabilities was $14.75 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.

Planet Green Holdings's current Net Income (TTM) was -25.87. ==> 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.

Planet Green Holdings's current Cash Flow from Operations (TTM) was 3.14. ==> 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)
=-25.867/26.117
=-0.99042769

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-7.045/42.899
=-0.16422294

Planet Green Holdings's return on assets of this year was -0.99042769. Planet Green Holdings's return on assets of last year was -0.16422294. ==> 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.

Planet Green Holdings's current Net Income (TTM) was -25.87. Planet Green Holdings's current Cash Flow from Operations (TTM) was 3.14. ==> 3.14 > -25.87 ==> 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
=2.046/18.7288
=0.10924352

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.413/35.7166
=0.01156325

Planet Green Holdings's gearing of this year was 0.10924352. Planet Green Holdings's gearing of last year was 0.01156325. ==> 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
=11.584/16.482
=0.70282733

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8.061/14.749
=0.54654553

Planet Green Holdings's current ratio of this year was 0.70282733. Planet Green Holdings's current ratio of last year was 0.54654553. ==> 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.

Planet Green Holdings's number of shares in issue this year was 14.233. Planet Green Holdings's number of shares in issue last year was 7.283. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=1.576/8.559
=0.18413366

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.225/4.144
=0.05429537

Planet Green Holdings's gross margin of this year was 0.18413366. Planet Green Holdings's gross margin of last year was 0.05429537. ==> 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 (Mar25)
=8.559/26.117
=0.32771758

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4.144/42.899
=0.09659899

Planet Green Holdings's asset turnover of this year was 0.32771758. Planet Green Holdings's asset turnover of last year was 0.09659899. ==> 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
=0+1+0+1+0+1+0+1+1
=5

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

Planet Green Holdings has an F-score of 5 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 5 mean?
Planet Green Holdings (PLAG) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Planet Green Holdings and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Planet Green Holdings' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Planet Green Holdings ranks #272 out of 555 companies in the Conglomerates industry, placing it in the top 49%.
Is Planet Green Holdings' Piotroski F-Score too high?
Planet Green Holdings' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Conglomerates industry median Piotroski F-Score is 5.00. Planet Green Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Planet Green Holdings ranks #272 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Planet Green Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Green Holdings' Piotroski F-Score compare to HHS and LGPS?
According to the Conglomerates industry distribution chart, Planet Green Holdings ranks #272 out of 555 companies for Piotroski F-Score. This puts Planet Green Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Planet Green Holdings' value of 5 is 0% at this benchmark. Historically, Planet Green Holdings' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Planet Green Holdings 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. Planet Green Holdings's current Piotroski F-Score of 5 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 Planet Green Holdings and its competitors. For the Conglomerates 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. Planet Green Holdings's current Piotroski F-Score is 5, which is 25% above 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 Planet Green Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet Green Holdings (PLAG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.29, compared to a current price of $1.71 — trading 32.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Conglomerates industry median of 5.00. Planet Green Holdings' overall GF Score™ is 50/100 with 8 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 Planet Green Holdings (PLAG), the current Piotroski F-Score is 5 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.

Is Planet Green Holdings (PLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Green Holdings stock appears to be overvalued. The current stock price of $1.71 is trading 32.2% above its estimated GF Value™ of $1.29. GuruFocus considers Planet Green Holdings to be Significantly Overvalued.

Key valuation signals for PLAG:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $1.29 vs. price of $1.71 (32.2% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 0% at the Conglomerates median (#272 of 555)

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


Planet Green Holdings Business Description

Address 130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.71
Price
$1.29
GF Value