SGU (Star Group LP) Piotroski F-Score: 7 (As of Aug. 01, 2026) — 17% Above Median

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SGU Star Group LP SGU
79 GF Score
Price $12.54
GF Value $12.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Star Group LP Piotroski F-Score?

Star Group LP SGU -0.08% 79 Piotroski F-Score is 7 as of Aug. 01, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates SGU with a GF Score™ of 79/100 and a GF Value™ of $12.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 976 Oil & Gas companies, Star Group LP ranks better than 92.21% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Star Group LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

SGU' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Star Group LP was 8. The lowest was 4. And the median was 6.

Star Group LP  (NYSE:SGU) 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.


Star Group LP Piotroski F-Score Related Terms


Star Group LP Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Star Group LP'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.

Star Group LP Piotroski F-Score Chart

Star Group LP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 6.00 7.00 7.00

Star Group LP 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 8.00 7.00 7.00 8.00 7.00

SGU vs CLNE, FGPR, BDCO: Piotroski F-Score Comparison

For the Oil & Gas Refining & Marketing subindustry, Star Group LP'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.


Star Group LP Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Star Group LP's Piotroski F-Score distribution charts can be found below:

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


SGU
79GF Score
Star Group LP SGU
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 -16.629 + -22.284 + 29.881 + 88.581 = $80 Mil.
Cash Flow from Operations was 72.502 + 14.407 + -55.182 + -5.895 = $26 Mil.
Revenue was 305.618 + 247.692 + 539.256 + 766.715 = $1,859 Mil.
Gross Profit was 76.66 + 50.085 + 176.285 + 267.584 = $571 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1059.466 + 963.799 + 937.331 + 1054.029 + 1164.226) / 5 = $1035.7702 Mil.
Total Assets at the begining of this year (Mar25) was $1,059 Mil.
Long-Term Debt & Capital Lease Obligation was $233 Mil.
Total Current Assets was $442 Mil.
Total Current Liabilities was $447 Mil.
Net Income was -11.044 + -27.485 + 27.513 + 70.429 = $59 Mil.

Revenue was 331.64 + 240.331 + 488.063 + 743.045 = $1,803 Mil.
Gross Profit was 81.004 + 49.763 + 149.796 + 250.973 = $532 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(939.752 + 865.516 + 939.611 + 986.752 + 1059.466) / 5 = $958.2194 Mil.
Total Assets at the begining of last year (Mar24) was $940 Mil.
Long-Term Debt & Capital Lease Obligation was $253 Mil.
Total Current Assets was $331 Mil.
Total Current Liabilities was $386 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.

Star Group LP's current Net Income (TTM) was 80. ==> 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.

Star Group LP's current Cash Flow from Operations (TTM) was 26. ==> 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)
=79.549/1059.466
=0.07508405

ROA (Last Year)=Net Income/Total Assets (Mar24)
=59.413/939.752
=0.063222

Star Group LP's return on assets of this year was 0.07508405. Star Group LP's return on assets of last year was 0.063222. ==> This year is higher. ==> Score 1.

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.

Star Group LP's current Net Income (TTM) was 80. Star Group LP's current Cash Flow from Operations (TTM) was 26. ==> 26 <= 80 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=232.827/1035.7702
=0.22478635

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=253.194/958.2194
=0.26423385

Star Group LP's gearing of this year was 0.22478635. Star Group LP's gearing of last year was 0.26423385. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=441.599/447.128
=0.98763441

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=330.807/386.095
=0.85680208

Star Group LP's current ratio of this year was 0.98763441. Star Group LP's current ratio of last year was 0.85680208. ==> 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.

Star Group LP's number of shares in issue this year was 32.885. Star Group LP's number of shares in issue last year was 34.569. ==> 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
=570.614/1859.281
=0.30690036

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=531.536/1803.079
=0.29479352

Star Group LP's gross margin of this year was 0.30690036. Star Group LP's gross margin of last year was 0.29479352. ==> 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)
=1859.281/1059.466
=1.75492276

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1803.079/939.752
=1.91867535

Star Group LP's asset turnover of this year was 1.75492276. Star Group LP's asset turnover of last year was 1.91867535. ==> 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
=1+1+1+0+1+1+1+1+0
=7

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

Star Group LP has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Star Group LP (SGU) has a Piotroski F-Score of 7 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Star Group LP and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Star Group LP's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Star Group LP ranks #76 out of 976 companies in the Oil & Gas industry, placing it in the top 7.8%.
Is Star Group LP's Piotroski F-Score too high?
Star Group LP's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Star Group LP's value of 7 is 40% above this industry median. Based on the distribution chart, Star Group LP ranks #76 out of 976 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Star Group LP has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Star Group LP's Piotroski F-Score compare to CLNE and FGPR?
According to the Oil & Gas industry distribution chart, Star Group LP ranks #76 out of 976 companies for Piotroski F-Score. This places Star Group LP in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Star Group LP's value of 7 is 40% above this benchmark. Historically, Star Group LP's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Star Group LP 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 976 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. Star Group LP's current Piotroski F-Score of 7 is 40% 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 Star Group LP and its competitors. For the Oil & Gas 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. Star Group LP's current Piotroski F-Score is 7, which is 17% above 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 Star Group LP stock overvalued right now?
Based on GuruFocus' analysis, Star Group LP (SGU) is currently considered Fairly Valued. The stock's GF Value™ is $12.68, compared to a current price of $12.54 — trading 1.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Oil & Gas industry median of 5.00. Star Group LP's overall GF Score™ is 79/100 with 6 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 Star Group LP (SGU), the current Piotroski F-Score is 7 as of Aug. 01, 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 Star Group LP (SGU) Overvalued in 2026?

Based on GuruFocus' analysis, Star Group LP stock appears to be undervalued. The current stock price of $12.54 is trading 1.1% below its estimated GF Value™ of $12.68. GuruFocus considers Star Group LP to be Fairly Valued.

Key valuation signals for SGU:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $12.68 vs. price of $12.54 (1.1% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 40% above the Oil & Gas median (#76 of 976)

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


Star Group LP Business Description

Industry EnergyOil & Gas
Address 9 West Broad Street, Suite 310, Stamford, CT, USA, 06902
Star Group LP is a home heating oil and propane distributor and services provider with one reportable operating segment that principally provides heating related services to residential and commercial customers. It serves residential and commercial customers whose primary use is to heat their homes and buildings in the Northeast and Mid-Atlantic U.S. regions. The company derives the majority of revenue from Petroleum products, which consist of home heating oil and propane as well as diesel fuel and gasoline.
79GF Score

Get the complete analysis for SGU

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

$12.54
Price
$12.68
GF Value