Casey's General StoresSTU:CS2 +0.61%69 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates STU:CS2 with a GF Score™ of 69/100 and a GF Value™ of €382.06 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Casey's General Stores ranks better than 98.55% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Casey's General Stores 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 Casey's General Stores's Piotroski F-Score or its related term are showing as below:
STU:CS2'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Casey's General Stores was 8. The lowest was 5. And the median was 6.
Casey's General Stores (STU:CS2) 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.
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.
Casey's General Stores Piotroski F-Score Related Terms
Casey's General Stores Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Casey's General Stores'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.
STU:CS2 vs WSM, ULTA, DKS: Piotroski F-Score Comparison
For the Specialty Retail subindustry, Casey's General Stores'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.
Casey's General Stores Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Casey's General Stores's Piotroski F-Score falls into.
* 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 (Apr26) TTM:
Last Year (Apr25) TTM:
Net Income was 184.559 + 177.243 + 110.692 + 139.095 = €612 Mil. Cash Flow from Operations was 319.161 + 298.132 + 220.872 + 340.726 = €1,179 Mil. Revenue was 3914.01 + 3870.726 + 3332.628 + 3908.871 = €15,026 Mil. Gross Profit was 953.366 + 963.528 + 856.576 + 923.705 = €3,697 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(7305.225 + 7173.955 + 7374.658 + 7306.473 + 7640.327) / 5 = €7360.1276 Mil. Total Assets at the begining of this year (Apr25) was €7,305 Mil. Long-Term Debt & Capital Lease Obligation was €2,385 Mil. Total Current Assets was €1,166 Mil. Total Current Liabilities was €1,155 Mil.
Net Income was 166.143 + 166.083 + 84.136 + 87.493 = €504 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.
Casey's General Stores's current Net Income (TTM) was 612.
==> 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.
Casey's General Stores's current Cash Flow from Operations (TTM) was 1,179.
==> 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.
Casey's General Stores's return on assets of this year was 0.08371939. Casey's General Stores's return on assets of last year was 0.08517095.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Casey's General Stores's gearing of this year was 0.32404873. Casey's General Stores's gearing of last year was 0.37014482.
==> 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
Casey's General Stores's current ratio of this year was 1.0099258. Casey's General Stores's current ratio of last year was 0.91936009.
==> 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.
Casey's General Stores's number of shares in issue this year was 37.195. Casey's General Stores's number of shares in issue last year was 37.394.
==> 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.
Casey's General Stores's gross margin of this year was 0.246048. Casey's General Stores's gross margin of last year was 0.23539789.
==> 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
Casey's General Stores's asset turnover of this year was 2.05691611. Casey's General Stores's asset turnover of last year was 2.48921432.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Casey's General Stores has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Casey's General Stores (STU:CS2) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Casey's General Stores and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Casey's General Stores' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Casey's General Stores ranks #16 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 1.5%.
Is Casey's General Stores' Piotroski F-Score too high?
Casey's General Stores' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Casey's General Stores' value of 8 is 60% above this industry median. Based on the distribution chart, Casey's General Stores ranks #16 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Casey's General Stores has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Piotroski F-Score compare to WSM and ULTA?
According to the Retail - Cyclical industry distribution chart, Casey's General Stores ranks #16 out of 1101 companies for Piotroski F-Score. This places Casey's General Stores in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Casey's General Stores' value of 8 is 60% above this benchmark. Historically, Casey's General Stores' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Casey's General Stores 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. Casey's General Stores's current Piotroski F-Score of 8 is 60% 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 Casey's General Stores and its competitors. For the Retail - Cyclical 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. Casey's General Stores's current Piotroski F-Score is 8, which is 33% 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 Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (STU:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €382.06, compared to a current price of €729.80 — trading 91% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Retail - Cyclical industry median of 5.00. Casey's General Stores' overall GF Score™ is 69/100 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 Casey's General Stores (STU:CS2), the current Piotroski F-Score is 8 as of Jun. 24, 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 Casey's General Stores (STU:CS2) Overvalued in 2026?
Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued.
The current stock price of €729.80 is trading 91% above its estimated GF Value™ of €382.06.
GuruFocus considers Casey's General Stores to be Significantly Overvalued.
Key valuation signals for STU:CS2:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: €382.06 vs. price of €729.80 (91% above fair value)
Industry Position: 60% above the Retail - Cyclical median (#16 of 1101)
No single metric tells the full story. See the STU:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
69GF Score
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