Luby's (STU:LUB) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 20% Above Median


What is Luby's Piotroski F-Score?

Luby's STU:LUB 10 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates STU:LUB with a GF Score™ of 10/100. The stock has 6 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

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

STU:LUB' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Luby's was 9. The lowest was 1. And the median was 5.

Luby's  (STU:LUB) 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.


Luby's Piotroski F-Score Related Terms


Luby's Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Luby's'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.

Luby's Piotroski F-Score Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 5.00 2.00 6.00

Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 2.00 2.00 5.00 4.00 6.00

STU:LUB vs BDL, ARKR, BFI: Piotroski F-Score Comparison

For the Restaurants subindustry, Luby's'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.


Luby's Piotroski F-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Luby's's Piotroski F-Score distribution charts can be found below:

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


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 (Aug21) TTM:Last Year (Aug20) TTM:
Net Income was -3.019 + 0 + 0 + 0 = $-3.02 Mil.
Cash Flow from Operations was 0.019 + 0 + 0 + 0 = $0.02 Mil.
Revenue was 41.947 + 0 + 0 + 0 = $41.95 Mil.
Gross Profit was 14.874 + 0 + 0 + 0 = $14.87 Mil.
Average Total Assets from the begining of this year (Aug20)
to the end of this year (Aug21) was
(177.403 + 235.601 + 232 + 217.994 + 207.028) / 5 = $214.0052 Mil.
Total Assets at the begining of this year (Aug20) was $177.40 Mil.
Long-Term Debt & Capital Lease Obligation was $24.21 Mil.
Total Current Assets was $30.07 Mil.
Total Current Liabilities was $15.35 Mil.
Net Income was -8.338 + -3.803 + -24.979 + 7.669 = $-29.45 Mil.

Revenue was 95.149 + 68.561 + 18.994 + 31.318 = $214.02 Mil.
Gross Profit was 29.56 + 20.571 + 4.319 + 11.47 = $65.92 Mil.
Average Total Assets from the begining of last year (Aug19)
to the end of last year (Aug20) was
(186 + 207.906 + 203.297 + 189.256 + 177.403) / 5 = $192.7724 Mil.
Total Assets at the begining of last year (Aug19) was $186.00 Mil.
Long-Term Debt & Capital Lease Obligation was $71.92 Mil.
Total Current Assets was $31.15 Mil.
Total Current Liabilities was $30.26 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.

Luby's's current Net Income (TTM) was -3.02. ==> 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.

Luby's's current Cash Flow from Operations (TTM) was 0.02. ==> 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 (Aug20)
=-3.019/177.403
=-0.01701775

ROA (Last Year)=Net Income/Total Assets (Aug19)
=-29.451/186
=-0.15833871

Luby's's return on assets of this year was -0.01701775. Luby's's return on assets of last year was -0.15833871. ==> 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.

Luby's's current Net Income (TTM) was -3.02. Luby's's current Cash Flow from Operations (TTM) was 0.02. ==> 0.02 > -3.02 ==> 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: Aug21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug20 to Aug21
=24.205/214.0052
=0.11310473

Gearing (Last Year: Aug20)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug19 to Aug20
=71.915/192.7724
=0.37305652

Luby's's gearing of this year was 0.11310473. Luby's's gearing of last year was 0.37305652. ==> 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: Aug21)=Total Current Assets/Total Current Liabilities
=30.068/15.35
=1.95882736

Current Ratio (Last Year: Aug20)=Total Current Assets/Total Current Liabilities
=31.147/30.259
=1.02934664

Luby's's current ratio of this year was 1.95882736. Luby's's current ratio of last year was 1.02934664. ==> 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.

Luby's's number of shares in issue this year was 0. Luby's's number of shares in issue last year was 30.558. ==> 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
=14.874/41.947
=0.35459032

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=65.92/214.022
=0.30800572

Luby's's gross margin of this year was 0.35459032. Luby's's gross margin of last year was 0.30800572. ==> 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 (Aug20)
=41.947/177.403
=0.23645034

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug19)
=214.022/186
=1.15065591

Luby's's asset turnover of this year was 0.23645034. Luby's's asset turnover of last year was 1.15065591. ==> 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
=0+1+1+1+1+1+1+1+0
=7

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

Luby's 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?
Luby's (STU:LUB) 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 Luby's and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Luby's' Piotroski F-Score has ranged from 1.00 to 9.00.
Is Luby's' Piotroski F-Score too high?
Luby'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 1.00 to a high of 9.00. The Restaurants industry median Piotroski F-Score is 5.00. Luby's' value of 6 is 20% above this industry median. Overall, Luby's has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Luby's' Piotroski F-Score compare to BDL and ARKR?
Luby's' Piotroski F-Score of 6 can be compared against companies in the Restaurants industry. The industry median Piotroski F-Score is 5.00. Luby's' value of 6 is 20% above this benchmark. Historically, Luby's' own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Luby's 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 357 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. Luby's'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 Luby's and its competitors. For the Restaurants 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. Luby's'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 Luby's stock overvalued right now?
Luby's (STU:LUB) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Restaurants industry median of 5.00. Luby's' overall GF Score™ is 10/100 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 Luby's (STU:LUB), 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.

Luby's Business Description

Address 13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.