Swiss Water Decaffeinated Coffee (TSX:SWP) Piotroski F-Score: 6 (As of Jul. 14, 2026) — 20% Above Median

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TSX:SWP Swiss Water Decaffeinated Coffee Inc TSX:SWP
77 GF Score
Price C$5.67
GF Value C$4.77
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Swiss Water Decaffeinated Coffee Piotroski F-Score?

Swiss Water Decaffeinated Coffee TSX:SWP +0.71% 77 Piotroski F-Score is 6 as of Jul. 14, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSX:SWP with a GF Score™ of 77/100 and a GF Value™ of C$4.77 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Swiss Water Decaffeinated Coffee ranks better than 73.25% 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

Swiss Water Decaffeinated Coffee has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Swiss Water Decaffeinated Coffee's Piotroski F-Score or its related term are showing as below:

TSX:SWP' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Swiss Water Decaffeinated Coffee was 7. The lowest was 2. And the median was 5.

Swiss Water Decaffeinated Coffee  (TSX:SWP) 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.


Swiss Water Decaffeinated Coffee Piotroski F-Score Related Terms


Swiss Water Decaffeinated Coffee Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Swiss Water Decaffeinated Coffee'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.

Swiss Water Decaffeinated Coffee Piotroski F-Score Chart

Swiss Water Decaffeinated Coffee Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 3.00 7.00 6.00

Swiss Water Decaffeinated Coffee 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 5.00 5.00 5.00 6.00 6.00

TSX:SWP vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Swiss Water Decaffeinated Coffee'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.


Swiss Water Decaffeinated Coffee Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Swiss Water Decaffeinated Coffee's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Swiss Water Decaffeinated Coffee's Piotroski F-Score falls into.


TSX:SWP
77GF Score
Swiss Water Decaffeinated Coffee Inc TSX:SWP
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 -0.374 + 0.216 + 1.206 + 1.38 = C$2.4 Mil.
Cash Flow from Operations was 1.986 + 12.558 + 4.192 + 5.492 = C$24.2 Mil.
Revenue was 67.695 + 62.747 + 66.005 + 57.452 = C$253.9 Mil.
Gross Profit was 5.248 + 6.44 + 8.016 + 7.913 = C$27.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(221.994 + 212.793 + 214.6 + 208.861 + 207.632) / 5 = C$213.176 Mil.
Total Assets at the begining of this year (Mar25) was C$222.0 Mil.
Long-Term Debt & Capital Lease Obligation was C$92.6 Mil.
Total Current Assets was C$83.1 Mil.
Total Current Liabilities was C$44.8 Mil.
Net Income was 0.947 + -0.791 + 2.013 + 0.515 = C$2.7 Mil.

Revenue was 43.372 + 41.778 + 49.249 + 62.272 = C$196.7 Mil.
Gross Profit was 7.665 + 6.436 + 6.974 + 7.287 = C$28.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(197.846 + 201.996 + 208.808 + 216.918 + 221.994) / 5 = C$209.5124 Mil.
Total Assets at the begining of last year (Mar24) was C$197.8 Mil.
Long-Term Debt & Capital Lease Obligation was C$65.5 Mil.
Total Current Assets was C$93.6 Mil.
Total Current Liabilities was C$90.8 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.

Swiss Water Decaffeinated Coffee's current Net Income (TTM) was 2.4. ==> 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.

Swiss Water Decaffeinated Coffee's current Cash Flow from Operations (TTM) was 24.2. ==> 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)
=2.428/221.994
=0.01093723

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2.684/197.846
=0.01356611

Swiss Water Decaffeinated Coffee's return on assets of this year was 0.01093723. Swiss Water Decaffeinated Coffee's return on assets of last year was 0.01356611. ==> 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.

Swiss Water Decaffeinated Coffee's current Net Income (TTM) was 2.4. Swiss Water Decaffeinated Coffee's current Cash Flow from Operations (TTM) was 24.2. ==> 24.2 > 2.4 ==> 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
=92.605/213.176
=0.43440631

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=65.548/209.5124
=0.31285976

Swiss Water Decaffeinated Coffee's gearing of this year was 0.43440631. Swiss Water Decaffeinated Coffee's gearing of last year was 0.31285976. ==> Last year is lower than this year ==> Score 0.

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
=83.105/44.793
=1.85531221

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=93.591/90.795
=1.03079465

Swiss Water Decaffeinated Coffee's current ratio of this year was 1.85531221. Swiss Water Decaffeinated Coffee's current ratio of last year was 1.03079465. ==> 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.

Swiss Water Decaffeinated Coffee's number of shares in issue this year was 9.571. Swiss Water Decaffeinated Coffee's number of shares in issue last year was 9.598. ==> 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
=27.617/253.899
=0.1087716

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=28.362/196.671
=0.14421038

Swiss Water Decaffeinated Coffee's gross margin of this year was 0.1087716. Swiss Water Decaffeinated Coffee's gross margin of last year was 0.14421038. ==> 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 (Mar25)
=253.899/221.994
=1.1437201

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=196.671/197.846
=0.99406104

Swiss Water Decaffeinated Coffee's asset turnover of this year was 1.1437201. Swiss Water Decaffeinated Coffee's asset turnover of last year was 0.99406104. ==> 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+0+1+0+1+1+0+1
=6

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

Swiss Water Decaffeinated Coffee has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Swiss Water Decaffeinated Coffee (TSX:SWP) has a Piotroski F-Score of 6 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Swiss Water Decaffeinated Coffee and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Swiss Water Decaffeinated Coffee's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Swiss Water Decaffeinated Coffee ranks #512 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 26.8%.
Is Swiss Water Decaffeinated Coffee's Piotroski F-Score too high?
Swiss Water Decaffeinated Coffee'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 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Swiss Water Decaffeinated Coffee's value of 6 is 20% above this industry median. Based on the distribution chart, Swiss Water Decaffeinated Coffee ranks #512 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Swiss Water Decaffeinated Coffee has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swiss Water Decaffeinated Coffee's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Swiss Water Decaffeinated Coffee ranks #512 out of 1914 companies for Piotroski F-Score. This puts Swiss Water Decaffeinated Coffee in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Swiss Water Decaffeinated Coffee's value of 6 is 20% above this benchmark. Historically, Swiss Water Decaffeinated Coffee's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Swiss Water Decaffeinated Coffee 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 1,914 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. Swiss Water Decaffeinated Coffee'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 Swiss Water Decaffeinated Coffee 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. Swiss Water Decaffeinated Coffee'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 Swiss Water Decaffeinated Coffee stock overvalued right now?
Based on GuruFocus' analysis, Swiss Water Decaffeinated Coffee (TSX:SWP) is currently considered Modestly Overvalued. The stock's GF Value™ is C$4.77, compared to a current price of C$5.67 — trading 18.9% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Swiss Water Decaffeinated Coffee's overall GF Score™ is 77/100 with 7 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 Swiss Water Decaffeinated Coffee (TSX:SWP), the current Piotroski F-Score is 6 as of Jul. 14, 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 Swiss Water Decaffeinated Coffee (TSX:SWP) Overvalued in 2026?

Based on GuruFocus' analysis, Swiss Water Decaffeinated Coffee stock appears to be overvalued. The current stock price of C$5.67 is trading 18.9% above its estimated GF Value™ of C$4.77. GuruFocus considers Swiss Water Decaffeinated Coffee to be Modestly Overvalued.

Key valuation signals for TSX:SWP:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: C$4.77 vs. price of C$5.67 (18.9% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#512 of 1914)

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


Swiss Water Decaffeinated Coffee Business Description

Other Exchanges SWSSF:USA7RD:Germany
Address 7750 Beedie Way, Delta, BC, CAN, V4G 0A5
Swiss Water Decaffeinated Coffee Inc is involved in the decaffeination of green coffee without the use of chemicals by employing the proprietary SWISS WATER Process. The company leverages science-based systems and quality controls to produce caffeine-free coffee. Additionally, it provides coffee decaffeination and distribution services. The company operates mainly one single business segment, decaffeination of green coffee beans Geographically, it operates in three segments: Canada, the United States, and other international markets, of which the maximum revenue is derived from the United States.
77GF Score

Get the complete analysis for TSX:SWP

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

C$5.67
Price
C$4.77
GF Value