The Marzetti Co (STU:LC1) Piotroski F-Score: 7 (As of Jun. 27, 2026) — 17% Above Median


STU:LC1 The Marzetti Co STU:LC1
77 GF Score
Price €102.00
GF Value €160.73
! 3 Warning Signs
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What is The Marzetti Co Piotroski F-Score?

The Marzetti Co STU:LC1 +4.08% 77 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates STU:LC1 with a GF Score™ of 77/100 and a GF Value™ of €160.73. The stock has 3 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, The Marzetti Co 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

The Marzetti Co 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 The Marzetti Co's Piotroski F-Score or its related term are showing as below:

STU:LC1' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of The Marzetti Co was 9. The lowest was 4. And the median was 6.

The Marzetti Co  (STU:LC1) 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.


The Marzetti Co Piotroski F-Score Related Terms


The Marzetti Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Marzetti Co'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.

The Marzetti Co Piotroski F-Score Chart

The Marzetti Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 8.00 8.00 5.00

The Marzetti Co 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 6.00 5.00 5.00 7.00 7.00

STU:LC1 vs FRPT, CENT, POST: Piotroski F-Score Comparison

For the Packaged Foods subindustry, The Marzetti Co'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.


The Marzetti Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


STU:LC1
77GF Score
The Marzetti Co STU:LC1
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 28.203 + 40.199 + 50.453 + 32.053 = €151 Mil.
Cash Flow from Operations was 76.451 + 59.223 + 75.679 + 61.008 = €272 Mil.
Revenue was 412.195 + 420.438 + 442.332 + 392.163 = €1,667 Mil.
Gross Profit was 91.982 + 101.234 + 117.22 + 92.742 = €403 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1180.866 + 1105.186 + 1140.371 + 1134.846 + 1172.988) / 5 = €1146.8514 Mil.
Total Assets at the begining of this year (Mar25) was €1,181 Mil.
Long-Term Debt & Capital Lease Obligation was €32 Mil.
Total Current Assets was €445 Mil.
Total Current Liabilities was €172 Mil.
Net Income was 32.355 + 40.276 + 46.788 + 38.04 = €157 Mil.

Revenue was 420.674 + 420.369 + 486.382 + 423.498 = €1,751 Mil.
Gross Profit was 90.687 + 99.852 + 126.793 + 98.015 = €415 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1078.251 + 1121.239 + 1095.805 + 1184.064 + 1180.866) / 5 = €1132.045 Mil.
Total Assets at the begining of last year (Mar24) was €1,078 Mil.
Long-Term Debt & Capital Lease Obligation was €39 Mil.
Total Current Assets was €407 Mil.
Total Current Liabilities was €172 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.

The Marzetti Co's current Net Income (TTM) was 151. ==> 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.

The Marzetti Co's current Cash Flow from Operations (TTM) was 272. ==> 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)
=150.908/1180.866
=0.12779435

ROA (Last Year)=Net Income/Total Assets (Mar24)
=157.459/1078.251
=0.14603186

The Marzetti Co's return on assets of this year was 0.12779435. The Marzetti Co's return on assets of last year was 0.14603186. ==> Last year is higher ==> Score 0.

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.

The Marzetti Co's current Net Income (TTM) was 151. The Marzetti Co's current Cash Flow from Operations (TTM) was 272. ==> 272 > 151 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=32.183/1146.8514
=0.02806205

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=38.683/1132.045
=0.0341709

The Marzetti Co's gearing of this year was 0.02806205. The Marzetti Co's gearing of last year was 0.0341709. ==> 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
=444.55/172.01
=2.58444276

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=406.681/172.405
=2.3588701

The Marzetti Co's current ratio of this year was 2.58444276. The Marzetti Co's current ratio of last year was 2.3588701. ==> 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.

The Marzetti Co's number of shares in issue this year was 27.377. The Marzetti Co's number of shares in issue last year was 27.496. ==> 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
=403.178/1667.128
=0.24183986

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=415.347/1750.923
=0.23721603

The Marzetti Co's gross margin of this year was 0.24183986. The Marzetti Co's gross margin of last year was 0.23721603. ==> 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)
=1667.128/1180.866
=1.41178423

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1750.923/1078.251
=1.62385474

The Marzetti Co's asset turnover of this year was 1.41178423. The Marzetti Co's asset turnover of last year was 1.62385474. ==> 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+0+1+1+1+1+1+0
=7

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

The Marzetti Co 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?
The Marzetti Co (STU:LC1) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Marzetti Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, The Marzetti Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, The Marzetti Co ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is The Marzetti Co's Piotroski F-Score too high?
The Marzetti Co'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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The Marzetti Co's value of 7 is 40% above this industry median. Based on the distribution chart, The Marzetti Co 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, The Marzetti Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does The Marzetti Co's Piotroski F-Score compare to FRPT and CENT?
According to the Consumer Packaged Goods industry distribution chart, The Marzetti Co ranks #218 out of 1911 companies for Piotroski F-Score. This places The Marzetti Co in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The Marzetti Co's value of 7 is 40% above this benchmark. Historically, The Marzetti Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, The Marzetti Co 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. The Marzetti Co'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 The Marzetti Co 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. The Marzetti Co'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 The Marzetti Co stock overvalued right now?
The Marzetti Co (STU:LC1) has a current Piotroski F-Score of 7. The stock's GF Value™ is €160.73, compared to a current price of €102.00 — trading 36.5% 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. The Marzetti Co's overall GF Score™ is 77/100 with 3 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 The Marzetti Co (STU:LC1), the current Piotroski F-Score is 7 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 The Marzetti Co (STU:LC1) Overvalued in 2026?

Based on GuruFocus' analysis, The Marzetti Co stock appears to be undervalued. The current stock price of €102.00 is trading 36.5% below its estimated GF Value™ of €160.73.

Key valuation signals for STU:LC1:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €160.73 vs. price of €102.00 (36.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#218 of 1911)

No single metric tells the full story. See the STU:LC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Marzetti Co Business Description

Other Exchanges MZTI:USA
Address 380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
The Marzetti Co manufactures and sells specialty food products. Its retail brands include Marzetti, New York Bakery and Sister Schubert's, in addition to exclusive license agreements for Olive Garden dressings, Chick-fil-A sauces and dressings, Buffalo Wild Wings sauces, Arby's sauces, Subway sauces, and Texas Roadhouse steak sauces and frozen rolls. Its foodservice business supplies many of the top restaurant chains in the United States with dressings, sauces, breads and frozen pastas. The company has two reportable segments: Retail and Foodservice, of which it derives maximum revenue from Retail segment.
77GF Score

Get the complete analysis for STU:LC1

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

€102.00
Price
€160.73
GF Value