Else Nutrition HoldingsTSX:BABY Piotroski F-Score is 5 as of Jun. 24, 2026, which is 67% above its 10-year median of 3.00. The stock has 5 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Else Nutrition Holdings ranks better than 52.09% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Else Nutrition Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Else Nutrition Holdings's Piotroski F-Score or its related term are showing as below:
TSX:BABY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Else Nutrition Holdings was 7. The lowest was 1. And the median was 3.
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.
Else Nutrition Holdings Piotroski F-Score Related Terms
Else Nutrition Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Else Nutrition Holdings'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.
TSX:BABY vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Else Nutrition Holdings'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.
Else Nutrition Holdings Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Else Nutrition Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Else Nutrition Holdings'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.
*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.
Else Nutrition Holdings's current Net Income (TTM) was -5.84.
==> 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.
Else Nutrition Holdings's current Cash Flow from Operations (TTM) was -2.71.
==> 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.
Else Nutrition Holdings's return on assets of this year was -0.91631339. Else Nutrition Holdings's return on assets of last year was -0.97301305.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Else Nutrition Holdings's gearing of this year was 0. Else Nutrition Holdings's gearing of last year was 0.
==> 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
Else Nutrition Holdings's current ratio of this year was 0.39422551. Else Nutrition Holdings's current ratio of last year was 0.86080047.
==> 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.
Else Nutrition Holdings's number of shares in issue this year was 44.383. Else Nutrition Holdings's number of shares in issue last year was 27.073.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Else Nutrition Holdings's gross margin of this year was 0.07317073. Else Nutrition Holdings's gross margin of last year was -0.10548204.
==> 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
Else Nutrition Holdings's asset turnover of this year was 0.84974093. Else Nutrition Holdings's asset turnover of last year was 0.58830071.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Else Nutrition Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Else Nutrition Holdings (TSX:BABY) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Else Nutrition Holdings and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Else Nutrition Holdings' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Else Nutrition Holdings ranks #916 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 47.9%.
Is Else Nutrition Holdings' Piotroski F-Score too high?
Else Nutrition Holdings' current Piotroski F-Score of 5 is 67% above 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Else Nutrition Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Else Nutrition Holdings ranks #916 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint.
How does Else Nutrition Holdings' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Else Nutrition Holdings ranks #916 out of 1912 companies for Piotroski F-Score. This puts Else Nutrition Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Else Nutrition Holdings' value of 5 is 0% at this benchmark. Historically, Else Nutrition Holdings' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Else Nutrition Holdings has consistently been at 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. Else Nutrition Holdings's current Piotroski F-Score of 5 is 0% at 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 Else Nutrition Holdings 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. Else Nutrition Holdings's current Piotroski F-Score is 5, which is 67% above 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 Else Nutrition Holdings stock overvalued right now?
Based on GuruFocus' analysis, Else Nutrition Holdings (TSX:BABY) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.09, compared to a current price of C$0.02 — trading 77.8% below its estimated fair value. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Consumer Packaged Goods industry median of 5.00. 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 Else Nutrition Holdings (TSX:BABY), the current Piotroski F-Score is 5 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.
Else Nutrition Holdings Inc is a food and nutrition company in the international expansion stage focused on developing clean, and Plant-Based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, Plant-Based, non-soy formula is a clean-ingredient alternative to dairy-based formulas. Since launching its Plant-Based Complete Nutrition for Toddlers, made of whole foods, almonds, buckwheat, and tapioca, the brand has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth. The Company currently has the following product lines-Baby Snacks, Baby Feeding Accessories, Infant formula.
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