PRPL (Purple Innovation) Piotroski F-Score: 3 (As of Jun. 27, 2026) — Near Median


PRPL Purple Innovation Inc PRPL
26 GF Score
Price $0.39
GF Value $0.86
Valuation Possible Value Trap
! 7 Warning Signs
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What is Purple Innovation Piotroski F-Score?

Purple Innovation PRPL -0.10% 26 Piotroski F-Score is 3 as of Jun. 27, 2026, which is at its 10-year median of 3.00. GuruFocus rates PRPL with a GF Score™ of 26/100 and a GF Value™ of $0.86 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Purple Innovation ranks worse than 79.44% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Purple Innovation has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

PRPL' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 6
Current: 3

During the past 11 years, the highest Piotroski F-Score of Purple Innovation was 6. The lowest was 1. And the median was 3.

Purple Innovation  (NAS:PRPL) 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.


Purple Innovation Piotroski F-Score Related Terms


Purple Innovation Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Purple Innovation'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.

Purple Innovation Piotroski F-Score Chart

Purple Innovation 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 2.00 4.00 5.00

Purple Innovation 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 4.00 4.00 5.00 5.00 3.00

PRPL vs CRWS, SNBR, NTZ: Piotroski F-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Purple Innovation'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.


Purple Innovation Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Purple Innovation's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Purple Innovation's Piotroski F-Score falls into.


PRPL
26GF Score
Purple Innovation Inc PRPL
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -17.345 + -11.72 + -3.212 + -30.541 = $-62.8 Mil.
Cash Flow from Operations was -3.992 + -0.968 + -5.8 + 2.989 = $-7.8 Mil.
Revenue was 105.1 + 118.766 + 140.688 + 95.73 = $460.3 Mil.
Gross Profit was 37.683 + 50.851 + 58.979 + 35.195 = $182.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(293.772 + 303.788 + 302.121 + 296.259 + 271.987) / 5 = $293.5854 Mil.
Total Assets at the begining of this year (Mar25) was $293.8 Mil.
Long-Term Debt & Capital Lease Obligation was $194.2 Mil.
Total Current Assets was $115.6 Mil.
Total Current Liabilities was $93.2 Mil.
Net Income was 0.027 + -39.228 + -8.479 + -19.137 = $-66.8 Mil.

Revenue was 120.271 + 118.598 + 128.975 + 104.171 = $472.0 Mil.
Gross Profit was 48.94 + 35.193 + 55.279 + 41.046 = $180.5 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(382.128 + 362.15 + 309.273 + 307.845 + 293.772) / 5 = $331.0336 Mil.
Total Assets at the begining of last year (Mar24) was $382.1 Mil.
Long-Term Debt & Capital Lease Obligation was $161.0 Mil.
Total Current Assets was $113.4 Mil.
Total Current Liabilities was $83.6 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.

Purple Innovation's current Net Income (TTM) was -62.8. ==> 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.

Purple Innovation's current Cash Flow from Operations (TTM) was -7.8. ==> 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 (Mar25)
=-62.818/293.772
=-0.2138325

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-66.817/382.128
=-0.17485502

Purple Innovation's return on assets of this year was -0.2138325. Purple Innovation's return on assets of last year was -0.17485502. ==> 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.

Purple Innovation's current Net Income (TTM) was -62.8. Purple Innovation's current Cash Flow from Operations (TTM) was -7.8. ==> -7.8 > -62.8 ==> 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
=194.196/293.5854
=0.66146341

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=161.018/331.0336
=0.48640984

Purple Innovation's gearing of this year was 0.66146341. Purple Innovation's gearing of last year was 0.48640984. ==> 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
=115.577/93.213
=1.23992362

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=113.401/83.613
=1.35626039

Purple Innovation's current ratio of this year was 1.23992362. Purple Innovation's current ratio of last year was 1.35626039. ==> 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.

Purple Innovation's number of shares in issue this year was 108.386. Purple Innovation's number of shares in issue last year was 107.596. ==> 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
=182.708/460.284
=0.39694623

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=180.458/472.015
=0.38231412

Purple Innovation's gross margin of this year was 0.39694623. Purple Innovation's gross margin of last year was 0.38231412. ==> 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)
=460.284/293.772
=1.56680691

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=472.015/382.128
=1.23522746

Purple Innovation's asset turnover of this year was 1.56680691. Purple Innovation's asset turnover of last year was 1.23522746. ==> 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+0+0+1+0+0+0+1+1
=3

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

Purple Innovation has an F-score of 3. 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 3 mean?
Purple Innovation (PRPL) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Purple Innovation and its competitors. This is near median its historical median of 3.00. Over the past decade, Purple Innovation's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Purple Innovation ranks #340 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.4%.
Is Purple Innovation's Piotroski F-Score too high?
Purple Innovation's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. Purple Innovation's value of 3 is 40% below this industry median. Based on the distribution chart, Purple Innovation ranks #340 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Purple Innovation has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Purple Innovation's Piotroski F-Score compare to CRWS and SNBR?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Purple Innovation ranks #340 out of 428 companies for Piotroski F-Score. This places Purple Innovation in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Purple Innovation's value of 3 is 40% below this benchmark. Historically, Purple Innovation's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Purple Innovation 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 Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 428 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. Purple Innovation's current Piotroski F-Score of 3 is 40% 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 Purple Innovation and its competitors. For the Furnishings, Fixtures & Appliances 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. Purple Innovation's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Innovation stock overvalued right now?
Based on GuruFocus' analysis, Purple Innovation (PRPL) is currently considered Possible Value Trap. The stock's GF Value™ is $0.86, compared to a current price of $0.39 — trading 54.9% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Furnishings, Fixtures & Appliances industry median of 5.00. Purple Innovation's overall GF Score™ is 26/100 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 Purple Innovation (PRPL), the current Piotroski F-Score is 3 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 Purple Innovation (PRPL) Overvalued in 2026?

Based on GuruFocus' analysis, Purple Innovation stock appears to be undervalued. The current stock price of $0.39 is trading 54.9% below its estimated GF Value™ of $0.86. GuruFocus considers Purple Innovation to be Possible Value Trap.

Key valuation signals for PRPL:

  • Piotroski F-Score: 3 (near median its 10-year median of 3.00)
  • GF Value™: $0.86 vs. price of $0.39 (54.9% below fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 40% below the Furnishings, Fixtures & Appliances median (#340 of 428)

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


Purple Innovation Business Description

Address 4100 North Chapel Ridge Road, Suite 200, Lehi, UT, USA, 84048
Purple Innovation Inc designs and manufactures sleep products. Using its GelFlex Grid technology, the company designs, manufactures, and offers branded comfort sleep products, including mattresses, pillows, cushions, mattress protectors, bases, sheets, and others. It markets and sells these products through direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
26GF Score

Get the complete analysis for PRPL

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

$0.39
Price
$0.86
GF Value