VSTS (Vestis) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 25% Above Median


VSTS Vestis Corp VSTS
43 GF Score
Price $14.42
GF Value $11.43
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vestis Piotroski F-Score?

Vestis VSTS +4.95% 43 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates VSTS with a GF Score™ of 43/100 and a GF Value™ of $11.43 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,063 Business Services companies, Vestis ranks better than 51.55% 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

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

VSTS' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 7
Current: 5

During the past 6 years, the highest Piotroski F-Score of Vestis was 7. The lowest was 4. And the median was 4.

Vestis  (NYSE:VSTS) 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.


Vestis Piotroski F-Score Related Terms


Vestis Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vestis'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.

Vestis Piotroski F-Score Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A 4.00 4.00

Vestis Quarterly Data
Sep21 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 4.00 4.00 4.00 5.00 5.00

VSTS vs HTZ, PRG, WLFC: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Vestis'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.


Vestis Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Vestis's Piotroski F-Score distribution charts can be found below:

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


VSTS
43GF Score
Vestis Corp VSTS
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -0.676 + -12.549 + -6.391 + 2.596 = $-17 Mil.
Cash Flow from Operations was 22.864 + 30.927 + 37.687 + 58.251 = $150 Mil.
Revenue was 673.799 + 712.011 + 663.388 + 659.437 = $2,709 Mil.
Gross Profit was 182.118 + 178.861 + 171.171 + 173.685 = $706 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2899.007 + 2908.091 + 2906.9 + 2884.021 + 2873.194) / 5 = $2894.2426 Mil.
Total Assets at the begining of this year (Mar25) was $2,899 Mil.
Long-Term Debt & Capital Lease Obligation was $1,327 Mil.
Total Current Assets was $851 Mil.
Total Current Liabilities was $399 Mil.
Net Income was 5.037 + -2.298 + 0.832 + -27.83 = $-24 Mil.

Revenue was 698.248 + 684.281 + 683.78 + 665.249 = $2,732 Mil.
Gross Profit was 202.489 + 196.966 + 188.52 + 175.258 = $763 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3121.661 + 3145.63 + 2932.387 + 2897.153 + 2899.007) / 5 = $2999.1676 Mil.
Total Assets at the begining of last year (Mar24) was $3,122 Mil.
Long-Term Debt & Capital Lease Obligation was $1,352 Mil.
Total Current Assets was $817 Mil.
Total Current Liabilities was $437 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.

Vestis's current Net Income (TTM) was -17. ==> 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.

Vestis's current Cash Flow from Operations (TTM) was 150. ==> 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)
=-17.02/2899.007
=-0.00587098

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-24.259/3121.661
=-0.00777118

Vestis's return on assets of this year was -0.00587098. Vestis's return on assets of last year was -0.00777118. ==> 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.

Vestis's current Net Income (TTM) was -17. Vestis's current Cash Flow from Operations (TTM) was 150. ==> 150 > -17 ==> 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
=1326.803/2894.2426
=0.4584284

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1351.504/2999.1676
=0.45062637

Vestis's gearing of this year was 0.4584284. Vestis's gearing of last year was 0.45062637. ==> 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
=850.685/398.819
=2.13301021

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=817.251/437.156
=1.86947223

Vestis's current ratio of this year was 2.13301021. Vestis's current ratio of last year was 1.86947223. ==> 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.

Vestis's number of shares in issue this year was 133.05. Vestis's number of shares in issue last year was 131.751. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=705.835/2708.635
=0.26058697

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=763.233/2731.558
=0.27941307

Vestis's gross margin of this year was 0.26058697. Vestis's gross margin of last year was 0.27941307. ==> 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)
=2708.635/2899.007
=0.934332

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2731.558/3121.661
=0.87503352

Vestis's asset turnover of this year was 0.934332. Vestis's asset turnover of last year was 0.87503352. ==> 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
=0+1+1+1+0+1+0+0+1
=5

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

Vestis has an F-score of 5 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 5 mean?
Vestis (VSTS) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vestis and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Vestis' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Vestis ranks #515 out of 1063 companies in the Business Services industry, placing it in the top 48.4%.
Is Vestis' Piotroski F-Score too high?
Vestis' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Vestis' value of 5 is 0% at this industry median. Based on the distribution chart, Vestis ranks #515 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, Vestis has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vestis' Piotroski F-Score compare to HTZ and PRG?
According to the Business Services industry distribution chart, Vestis ranks #515 out of 1063 companies for Piotroski F-Score. This puts Vestis in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Vestis' value of 5 is 0% at this benchmark. Historically, Vestis' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Vestis 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. Vestis'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 Vestis and its competitors. For the Business Services 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. Vestis's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestis stock overvalued right now?
Based on GuruFocus' analysis, Vestis (VSTS) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.43, compared to a current price of $14.42 — trading 26.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Business Services industry median of 5.00. Vestis' overall GF Score™ is 43/100 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 Vestis (VSTS), the current Piotroski F-Score is 5 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 Vestis (VSTS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestis stock appears to be overvalued. The current stock price of $14.42 is trading 26.2% above its estimated GF Value™ of $11.43. GuruFocus considers Vestis to be Modestly Overvalued.

Key valuation signals for VSTS:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $11.43 vs. price of $14.42 (26.2% above fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 0% at the Business Services median (#515 of 1063)

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


Vestis Business Description

Other Exchanges VSTS:Mexico6TS:Germany
Address 1035 Alpharetta Street, Suite 2100, Roswell, GA, USA, 30075
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
43GF Score

Get the complete analysis for VSTS

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

$14.42
Price
$11.43
GF Value