STGPF (Scentre Group) Piotroski F-Score: 6 (As of Jul. 30, 2026) — Near Median

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STGPF Scentre Group STGPF
69 GF Score
Price $2.45
GF Value $2.27
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Scentre Group Piotroski F-Score?

Scentre Group STGPF 69 Piotroski F-Score is 6 as of Jul. 30, 2026, which is at its 10-year median of 6.00. GuruFocus rates STGPF with a GF Score™ of 69/100 and a GF Value™ of $2.27 (Fairly Valued). The stock has 9 warning signs investors should review. Among 872 REITs companies, Scentre Group ranks better than 74.2% 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

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

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

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

Scentre Group  (OTCPK:STGPF) 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.


Scentre Group Piotroski F-Score Related Terms


Scentre Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Scentre 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.

Scentre Group Piotroski F-Score Chart

Scentre Group 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 4.00 6.00 5.00 6.00 6.00

Scentre Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 6.00 0.00 6.00

STGPF vs SPG, O, KIM: Piotroski F-Score Comparison

For the REIT - Retail subindustry, Scentre 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.


Scentre Group Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, Scentre Group's Piotroski F-Score distribution charts can be found below:

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


STGPF
69GF Score
Scentre Group STGPF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $1,182 Mil.
Cash Flow from Operations was $699 Mil.
Revenue was $1,784 Mil.
Gross Profit was $1,271 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (23024.003 + 23519.601) / 2 = $23271.802 Mil.
Total Assets at the begining of this year (Dec24) was $23,024 Mil.
Long-Term Debt & Capital Lease Obligation was $8,262 Mil.
Total Current Assets was $1,262 Mil.
Total Current Liabilities was $2,364 Mil.
Net Income was $665 Mil.

Revenue was $1,670 Mil.
Gross Profit was $1,166 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (23876.506 + 23024.003) / 2 = $23450.2545 Mil.
Total Assets at the begining of last year (Dec23) was $23,877 Mil.
Long-Term Debt & Capital Lease Obligation was $9,074 Mil.
Total Current Assets was $791 Mil.
Total Current Liabilities was $2,295 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.

Scentre Group's current Net Income (TTM) was 1,182. ==> 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.

Scentre Group's current Cash Flow from Operations (TTM) was 699. ==> 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 (Dec24)
=1181.728/23024.003
=0.05132591

ROA (Last Year)=Net Income/Total Assets (Dec23)
=664.851/23876.506
=0.02784541

Scentre Group's return on assets of this year was 0.05132591. Scentre Group's return on assets of last year was 0.02784541. ==> 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.

Scentre Group's current Net Income (TTM) was 1,182. Scentre Group's current Cash Flow from Operations (TTM) was 699. ==> 699 <= 1,182 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=8262.06/23271.802
=0.35502451

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9073.781/23450.2545
=0.38693742

Scentre Group's gearing of this year was 0.35502451. Scentre Group's gearing of last year was 0.38693742. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=1261.528/2363.92
=0.53365935

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=791.007/2295.44
=0.34459929

Scentre Group's current ratio of this year was 0.53365935. Scentre Group's current ratio of last year was 0.34459929. ==> 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.

Scentre Group's number of shares in issue this year was 5229.344. Scentre Group's number of shares in issue last year was 5215.102. ==> 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
=1271.096/1784.053
=0.71247659

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1165.928/1670.108
=0.69811533

Scentre Group's gross margin of this year was 0.71247659. Scentre Group's gross margin of last year was 0.69811533. ==> 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 (Dec24)
=1784.053/23024.003
=0.07748666

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1670.108/23876.506
=0.06994776

Scentre Group's asset turnover of this year was 0.07748666. Scentre Group's asset turnover of last year was 0.06994776. ==> 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+1+0+1+1+0+1+1
=7

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

Scentre Group 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 6 mean?
Scentre Group (STGPF) has a Piotroski F-Score of 6 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Scentre Group and its competitors. This is near median its historical median of 6.00. Over the past decade, Scentre Group's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Scentre Group ranks #225 out of 872 companies in the REITs industry, placing it in the top 25.8%.
Is Scentre Group's Piotroski F-Score too high?
Scentre 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 4.00 to a high of 6.00. The REITs industry median Piotroski F-Score is 6.00. Scentre Group's value of 6 is 0% at this industry median. Based on the distribution chart, Scentre Group ranks #225 out of 872 companies in the REITs industry, which is above the industry midpoint. Overall, Scentre Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scentre Group's Piotroski F-Score compare to SPG and O?
According to the REITs industry distribution chart, Scentre Group ranks #225 out of 872 companies for Piotroski F-Score. This puts Scentre Group in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Scentre Group's value of 6 is 0% at this benchmark. Historically, Scentre Group's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Scentre Group 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 872 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. Scentre Group's current Piotroski F-Score of 6 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 Scentre Group and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scentre 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 Scentre Group stock overvalued right now?
Based on GuruFocus' analysis, Scentre Group (STGPF) is currently considered Fairly Valued. The stock's GF Value™ is $2.27, compared to a current price of $2.45 — trading 7.9% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the REITs industry median of 6.00. Scentre Group's overall GF Score™ is 69/100 with 9 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 Scentre Group (STGPF), the current Piotroski F-Score is 6 as of Jul. 30, 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 Scentre Group (STGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Scentre Group stock appears to be overvalued. The current stock price of $2.45 is trading 7.9% above its estimated GF Value™ of $2.27. GuruFocus considers Scentre Group to be Fairly Valued.

Key valuation signals for STGPF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $2.27 vs. price of $2.45 (7.9% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 0% at the REITs median (#225 of 872)

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


Scentre Group Business Description

Industry Real EstateREITs
Other Exchanges 59S:GermanySCG:Australia
Address 85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score

Get the complete analysis for STGPF

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

$2.45
Price
$2.27
GF Value