AGT Food and Ingredients (TSX:AGTF) Piotroski F-Score: 3 (As of Jul. 28, 2026) — Near Median

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TSX:AGTF AGT Food and Ingredients Inc TSX:AGTF
34 GF Score
Price C$17.36
! 5 Warning Signs
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What is AGT Food and Ingredients Piotroski F-Score?

AGT Food and Ingredients TSX:AGTF -0.69% 34 Piotroski F-Score is 3 as of Jul. 28, 2026, which is at its 10-year median of 3.00. GuruFocus rates TSX:AGTF with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, AGT Food and Ingredients ranks worse than 84.52% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

AGT Food and Ingredients has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for AGT Food and Ingredients's Piotroski F-Score or its related term are showing as below:

TSX:AGTF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 3
Current: 3

During the past 13 years, the highest Piotroski F-Score of AGT Food and Ingredients was 3. The lowest was 1. And the median was 3.

AGT Food and Ingredients  (TSX:AGTF) 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.


AGT Food and Ingredients Piotroski F-Score Related Terms


AGT Food and Ingredients Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AGT Food and Ingredients'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.

AGT Food and Ingredients Piotroski F-Score Chart

AGT Food and Ingredients Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 2.00 1.00 3.00

AGT Food and Ingredients Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec24 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 2.00 3.00 2.00 1.00 3.00

TSX:AGTF vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, AGT Food and Ingredients'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.


AGT Food and Ingredients Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where AGT Food and Ingredients's Piotroski F-Score falls into.


TSX:AGTF
34GF Score
AGT Food and Ingredients Inc TSX:AGTF
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 C$-36.29 Mil.
Cash Flow from Operations was C$-31.31 Mil.
Revenue was C$81.86 Mil.
Gross Profit was C$-2,665.10 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2522.407 + 2410.462) / 2 = C$2466.4345 Mil.
Total Assets at the begining of this year (Dec24) was C$2,522.41 Mil.
Long-Term Debt & Capital Lease Obligation was C$973.16 Mil.
Total Current Assets was C$1,137.31 Mil.
Total Current Liabilities was C$827.75 Mil.
Net Income was C$-4.11 Mil.

Revenue was C$123.93 Mil.
Gross Profit was C$-2,882.01 Mil.
Average Total Assets from the begining of last year (Dec17)
to the end of last year (Dec24) was (1199.032 + 2522.407) / 2 = C$1860.7195 Mil.
Total Assets at the begining of last year (Dec17) was C$1,199.03 Mil.
Long-Term Debt & Capital Lease Obligation was C$945.43 Mil.
Total Current Assets was C$1,297.98 Mil.
Total Current Liabilities was C$912.04 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.

AGT Food and Ingredients's current Net Income (TTM) was -36.29. ==> 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.

AGT Food and Ingredients's current Cash Flow from Operations (TTM) was -31.31. ==> Negative ==> Score 0.

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)
=-36.288/2522.407
=-0.01438626

ROA (Last Year)=Net Income/Total Assets (Dec17)
=-4.109/1199.032
=-0.00342693

AGT Food and Ingredients's return on assets of this year was -0.01438626. AGT Food and Ingredients's return on assets of last year was -0.00342693. ==> 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.

AGT Food and Ingredients's current Net Income (TTM) was -36.29. AGT Food and Ingredients's current Cash Flow from Operations (TTM) was -31.31. ==> -31.31 > -36.29 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=973.16/2466.4345
=0.39456146

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec17 to Dec24
=945.432/1860.7195
=0.50810023

AGT Food and Ingredients's gearing of this year was 0.39456146. AGT Food and Ingredients's gearing of last year was 0.50810023. ==> 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
=1137.306/827.748
=1.37397614

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1297.975/912.035
=1.42316358

AGT Food and Ingredients's current ratio of this year was 1.37397614. AGT Food and Ingredients's current ratio of last year was 1.42316358. ==> 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.

AGT Food and Ingredients's number of shares in issue this year was 41.792. AGT Food and Ingredients's number of shares in issue last year was 41.792. ==> 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
=-2665.098/81.86
=-32.55677987

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-2882.011/123.928
=-23.2555274

AGT Food and Ingredients's gross margin of this year was -32.55677987. AGT Food and Ingredients's gross margin of last year was -23.2555274. ==> 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 (Dec24)
=81.86/2522.407
=0.03245313

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec17)
=123.928/1199.032
=0.10335671

AGT Food and Ingredients's asset turnover of this year was 0.03245313. AGT Food and Ingredients's asset turnover of last year was 0.10335671. ==> 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+0+0+1+1+0+1+0+0
=3

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

AGT Food and Ingredients has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
AGT Food and Ingredients (TSX:AGTF) has a Piotroski F-Score of 3 as of Jul. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AGT Food and Ingredients and its competitors. This is near median its historical median of 3.00. Over the past decade, AGT Food and Ingredients' Piotroski F-Score has ranged from 1.00 to 3.00. According to the industry distribution chart, AGT Food and Ingredients ranks #1616 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 84.5%.
Is AGT Food and Ingredients' Piotroski F-Score too high?
AGT Food and Ingredients' current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. AGT Food and Ingredients' value of 3 is 40% below this industry median. Based on the distribution chart, AGT Food and Ingredients ranks #1616 out of 1912 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, AGT Food and Ingredients has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does AGT Food and Ingredients' Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, AGT Food and Ingredients ranks #1616 out of 1912 companies for Piotroski F-Score. This places AGT Food and Ingredients in the lower half of its industry. The industry median Piotroski F-Score is 5.00. AGT Food and Ingredients' value of 3 is 40% below this benchmark. Historically, AGT Food and Ingredients' own Piotroski F-Score has ranged from 1.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, AGT Food and Ingredients has consistently been below 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 1,912 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. AGT Food and Ingredients's current Piotroski F-Score of 3 is 40% below 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 AGT Food and Ingredients 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. AGT Food and Ingredients's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGT Food and Ingredients stock overvalued right now?
AGT Food and Ingredients (TSX:AGTF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Consumer Packaged Goods industry median of 5.00. AGT Food and Ingredients' overall GF Score™ is 34/100 with 5 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 AGT Food and Ingredients (TSX:AGTF), the current Piotroski F-Score is 3 as of Jul. 28, 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.

AGT Food and Ingredients Business Description

Other Exchanges C8R:Germany
Address 6200 E. Primrose Green Drive, Regina, SK, CAN, S4V 3L7
AGT Food and Ingredients Inc is a globally diversified food company that produces staple products for everyday consumption. Its product portfolio comprises pasta, spices, milled wheat, pulses, rice, cereals, bulgar, popcorn, beans, flours, etc. The products are offered through brands like Corona, Pouyoukas, Pastavilla, Arbella, Veggi, Tamam, Clic, and others. AGT has three reportable operating segments: Packaged Foods and Ingredients, Value Added Processing and Distribution. Maximum revenue is generated from the Value Added Processing segment, which sources pulses and grains from producers, adds value to them through processing, sorting, and packaging, and sells them to its clients. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) region.
34GF Score

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

C$17.36
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