Greencore Group (STU:GCG) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


STU:GCG Greencore Group PLC STU:GCG
90 GF Score
Price €2.24
GF Value €2.75
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Greencore Group Piotroski F-Score?

Greencore Group STU:GCG +0.90% 90 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates STU:GCG with a GF Score™ of 90/100 and a GF Value™ of €2.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,911 Consumer Packaged Goods companies, Greencore Group ranks better than 88.59% 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

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

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

During the past 13 years, the highest Piotroski F-Score of Greencore Group was 7. The lowest was 5. And the median was 6.

Greencore Group  (STU:GCG) 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.


Greencore Group Piotroski F-Score Related Terms


Greencore Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Greencore 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.

Greencore Group Piotroski F-Score Chart

Greencore Group 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 6.00 6.00 7.00 7.00 7.00

Greencore Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 7.00 0.00 7.00 0.00

STU:GCG vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Greencore 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.


Greencore Group Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greencore Group's Piotroski F-Score distribution charts can be found below:

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


STU:GCG
90GF Score
Greencore Group PLC STU:GCG
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 €66 Mil.
Cash Flow from Operations was €191 Mil.
Revenue was €2,242 Mil.
Gross Profit was €728 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (1435.76 + 1465.325) / 2 = €1450.5425 Mil.
Total Assets at the begining of this year (Sep24) was €1,436 Mil.
Long-Term Debt & Capital Lease Obligation was €110 Mil.
Total Current Assets was €492 Mil.
Total Current Liabilities was €726 Mil.
Net Income was €55 Mil.

Revenue was €2,154 Mil.
Gross Profit was €715 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (1504.882 + 1435.76) / 2 = €1470.321 Mil.
Total Assets at the begining of last year (Sep23) was €1,505 Mil.
Long-Term Debt & Capital Lease Obligation was €213 Mil.
Total Current Assets was €426 Mil.
Total Current Liabilities was €606 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.

Greencore Group's current Net Income (TTM) was 66. ==> 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.

Greencore Group's current Cash Flow from Operations (TTM) was 191. ==> 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)
=66.318/1435.76
=0.04619017

ROA (Last Year)=Net Income/Total Assets (Sep23)
=55.18/1504.882
=0.03666733

Greencore Group's return on assets of this year was 0.04619017. Greencore Group's return on assets of last year was 0.03666733. ==> 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.

Greencore Group's current Net Income (TTM) was 66. Greencore Group's current Cash Flow from Operations (TTM) was 191. ==> 191 > 66 ==> 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
=109.954/1450.5425
=0.07580198

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=213.213/1470.321
=0.14501119

Greencore Group's gearing of this year was 0.07580198. Greencore Group's gearing of last year was 0.14501119. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=492.088/726.157
=0.67766062

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=426.068/605.553
=0.7036015

Greencore Group's current ratio of this year was 0.67766062. Greencore Group's current ratio of last year was 0.7036015. ==> 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.

Greencore Group's number of shares in issue this year was 455.462. Greencore Group's number of shares in issue last year was 470.044. ==> 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
=728.23/2241.681
=0.32485889

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=714.603/2153.7
=0.33180248

Greencore Group's gross margin of this year was 0.32485889. Greencore Group's gross margin of last year was 0.33180248. ==> Last year's gross margin is higher ==> Score 0.

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)
=2241.681/1435.76
=1.56132014

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=2153.7/1504.882
=1.43114211

Greencore Group's asset turnover of this year was 1.56132014. Greencore Group's asset turnover of last year was 1.43114211. ==> 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+1+1+0+1+0+1
=7

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

Greencore 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 7 mean?
Greencore Group (STU:GCG) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Greencore Group and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Greencore Group's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Greencore Group ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is Greencore Group's Piotroski F-Score too high?
Greencore Group'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 5.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Greencore Group's value of 7 is 40% above this industry median. Based on the distribution chart, Greencore Group ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Greencore Group has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greencore Group's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Greencore Group ranks #218 out of 1911 companies for Piotroski F-Score. This places Greencore Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Greencore Group's value of 7 is 40% above this benchmark. Historically, Greencore Group's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Greencore Group 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Greencore Group'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 Greencore Group and its competitors. For the Consumer Packaged Goods 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. Greencore Group'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 Greencore Group stock overvalued right now?
Based on GuruFocus' analysis, Greencore Group (STU:GCG) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.75, compared to a current price of €2.24 — trading 18.5% 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 Consumer Packaged Goods industry median of 5.00. Greencore Group's overall GF Score™ is 90/100 with 1 warning sign 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 Greencore Group (STU:GCG), the current Piotroski F-Score is 7 as of Jun. 26, 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 Greencore Group (STU:GCG) Overvalued in 2026?

Based on GuruFocus' analysis, Greencore Group stock appears to be undervalued. The current stock price of €2.24 is trading 18.5% below its estimated GF Value™ of €2.75. GuruFocus considers Greencore Group to be Modestly Undervalued.

Key valuation signals for STU:GCG:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €2.75 vs. price of €2.24 (18.5% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 40% above the Consumer Packaged Goods median (#218 of 1911)

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


Greencore Group Business Description

Address Dublin Airport Central, Dublin Airport, 4th Floor, Block Two, Sword, Dublin, IRL, K67 E2H3
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods, and it geographically operates in UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.
90GF Score

Get the complete analysis for STU:GCG

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

€2.24
Price
€2.75
GF Value