SHCO (Soho House) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 20% Above Median


SHCO Soho House & Co Inc SHCO
49 GF Score
Price $8.99
GF Value $7.55
! 7 Warning Signs
View Full Analysis

What is Soho House Piotroski F-Score?

Soho House SHCO 49 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates SHCO with a GF Score™ of 49/100 and a GF Value™ of $7.55. The stock has 7 warning signs investors should review.

The zones of discrimination were as such:

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

Soho House 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 Soho House's Piotroski F-Score or its related term are showing as below:

SHCO' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 6

During the past 7 years, the highest Piotroski F-Score of Soho House was 7. The lowest was 4. And the median was 5.

Soho House  (NYSE:SHCO) 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.


Soho House Piotroski F-Score Related Terms


Soho House Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Soho House'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.

Soho House Piotroski F-Score Chart

Soho House Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 6.00 6.00 4.00

Soho House Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 4.00 5.00 6.00

SHCO vs CVEO, GHG, INTG: Piotroski F-Score Comparison

For the Lodging subindustry, Soho House'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.


Soho House Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Soho House's Piotroski F-Score distribution charts can be found below:

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


SHCO
49GF Score
Soho House & Co Inc SHCO
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was -91.685 + 8.168 + 24.885 + -18.708 = $-77 Mil.
Cash Flow from Operations was 26.883 + 22.82 + 41.012 + 34.925 = $126 Mil.
Revenue was 305.555 + 282.864 + 329.804 + 370.75 = $1,289 Mil.
Gross Profit was 141.453 + 118.418 + 159.76 + 198.539 = $618 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(2578.794 + 2443.512 + 2480.378 + 2594.909 + 2684.224) / 5 = $2556.3634 Mil.
Total Assets at the begining of this year (Sep24) was $2,579 Mil.
Long-Term Debt & Capital Lease Obligation was $2,410 Mil.
Total Current Assets was $405 Mil.
Total Current Liabilities was $565 Mil.
Net Income was -61.36 + -41.559 + -29.899 + 0.175 = $-133 Mil.

Revenue was 289.985 + 261.944 + 302.947 + 333.368 = $1,188 Mil.
Gross Profit was 142.168 + 110.473 + 138.968 + 174.578 = $566 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(2527.369 + 2527.859 + 2523.623 + 2550.093 + 2578.794) / 5 = $2541.5476 Mil.
Total Assets at the begining of last year (Sep23) was $2,527 Mil.
Long-Term Debt & Capital Lease Obligation was $2,304 Mil.
Total Current Assets was $412 Mil.
Total Current Liabilities was $508 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.

Soho House's current Net Income (TTM) was -77. ==> 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.

Soho House's current Cash Flow from Operations (TTM) was 126. ==> 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 (Sep24)
=-77.34/2578.794
=-0.02999076

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-132.643/2527.369
=-0.05248264

Soho House's return on assets of this year was -0.02999076. Soho House's return on assets of last year was -0.05248264. ==> 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.

Soho House's current Net Income (TTM) was -77. Soho House's current Cash Flow from Operations (TTM) was 126. ==> 126 > -77 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=2409.967/2556.3634
=0.94273256

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=2303.91/2541.5476
=0.90649886

Soho House's gearing of this year was 0.94273256. Soho House's gearing of last year was 0.90649886. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=405.225/564.63
=0.71768238

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=411.824/507.628
=0.81127125

Soho House's current ratio of this year was 0.71768238. Soho House's current ratio of last year was 0.81127125. ==> 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.

Soho House's number of shares in issue this year was 195.238. Soho House's number of shares in issue last year was 195.485. ==> 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
=618.17/1288.973
=0.47958336

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=566.187/1188.244
=0.47649052

Soho House's gross margin of this year was 0.47958336. Soho House's gross margin of last year was 0.47649052. ==> 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 (Sep24)
=1288.973/2578.794
=0.49983558

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=1188.244/2527.369
=0.47015058

Soho House's asset turnover of this year was 0.49983558. Soho House's asset turnover of last year was 0.47015058. ==> 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+1+1+0+0+1+1+1
=6

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

Soho House 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?
Soho House (SHCO) 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 Soho House and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Soho House's Piotroski F-Score has ranged from 4.00 to 7.00.
Is Soho House's Piotroski F-Score too high?
Soho House's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Soho House's value of 6 is 20% above this industry median. Overall, Soho House has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Soho House's Piotroski F-Score compare to CVEO and GHG?
Soho House's Piotroski F-Score of 6 can be compared against companies in the Travel & Leisure industry. The industry median Piotroski F-Score is 5.00. Soho House's value of 6 is 20% above this benchmark. Historically, Soho House's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Soho House 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 840 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. Soho House'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 Soho House and its competitors. For the Travel & Leisure 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. Soho House's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soho House stock overvalued right now?
Soho House (SHCO) has a current Piotroski F-Score of 6. The stock's GF Value™ is $7.55, compared to a current price of $8.99 — trading 19.1% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Travel & Leisure industry median of 5.00. Soho House's overall GF Score™ is 49/100 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 Soho House (SHCO), 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 Soho House (SHCO) Overvalued in 2026?

Based on GuruFocus' analysis, Soho House stock appears to be overvalued. The current stock price of $8.99 is trading 19.1% above its estimated GF Value™ of $7.55.

Key valuation signals for SHCO:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $7.55 vs. price of $8.99 (19.1% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 20% above the Travel & Leisure median

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


Soho House Business Description

Address 180 Strand, London, GBR, WC2R 1EA
Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create, and flourish all over the world. It offers lease agreements for Houses, hotels, restaurants, studios, spas, and other properties. The company's reportable segments are: United Kingdom; The Americas; and Europe and Rest of the world. The majority of its revenue is generated from the Americas segment, which encompasses its operating units in the Americas, including Soho Houses, stand-alone U.S. restaurants, Soho Friends, and the management fees under a hotel management contract for the operation of The Ned London.
49GF Score

Get the complete analysis for SHCO

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

$8.99
Price
$7.55
GF Value