TarczynskiWAR:TAR -0.40%79 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates WAR:TAR with a GF Score™ of 79/100 and a GF Value™ of zł87.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Tarczynski ranks better than 52.07% 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
Tarczynski 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 Tarczynski's Piotroski F-Score or its related term are showing as below:
WAR:TAR'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Tarczynski was 9. The lowest was 4. And the median was 6.
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.
Tarczynski Piotroski F-Score Related Terms
Tarczynski Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tarczynski'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.
For the Packaged Foods subindustry, Tarczynski'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.
Tarczynski Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tarczynski's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tarczynski'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.
Tarczynski's current Net Income (TTM) was 170.
==> 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.
Tarczynski's return on assets of this year was 0.09851985. Tarczynski's return on assets of last year was 0.07898363.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tarczynski's current ratio of this year was 0.51134234. Tarczynski's current ratio of last year was 0.56984629.
==> 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.
Tarczynski's number of shares in issue this year was 11.347. Tarczynski's number of shares in issue last year was 11.347.
==> 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.
Tarczynski's gross margin of this year was 0.25103848. Tarczynski's gross margin of last year was 0.26511622.
==> 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
Tarczynski's asset turnover of this year was 1.28959243. Tarczynski's asset turnover of last year was 1.35918681.
==> 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
=
1
+
1
+
1
+
1
+
0
+
0
+
1
+
0
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tarczynski has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Tarczynski (WAR:TAR) 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 Tarczynski and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Tarczynski's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Tarczynski ranks #916 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 47.9%.
Is Tarczynski's Piotroski F-Score too high?
Tarczynski's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Tarczynski's value of 5 is 0% at this industry median. Based on the distribution chart, Tarczynski ranks #916 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tarczynski has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tarczynski's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tarczynski ranks #916 out of 1911 companies for Piotroski F-Score. This puts Tarczynski in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tarczynski's value of 5 is 0% at this benchmark. Historically, Tarczynski's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Tarczynski 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 1,911 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. Tarczynski'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 Tarczynski 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. Tarczynski's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarczynski stock overvalued right now?
Based on GuruFocus' analysis, Tarczynski (WAR:TAR) is currently considered Significantly Overvalued. The stock's GF Value™ is zł87.02, compared to a current price of zł123.50 — trading 41.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Tarczynski's overall GF Score™ is 79/100 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 Tarczynski (WAR:TAR), 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 Tarczynski (WAR:TAR) Overvalued in 2026?
Based on GuruFocus' analysis, Tarczynski stock appears to be overvalued.
The current stock price of zł123.50 is trading 41.9% above its estimated GF Value™ of zł87.02.
GuruFocus considers Tarczynski to be Significantly Overvalued.
Key valuation signals for WAR:TAR:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: zł87.02 vs. price of zł123.50 (41.9% above fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#916 of 1911)
No single metric tells the full story. See the WAR:TAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tarczynski SA is a producer of meat products. It offers cold meat, smoked meat, fillet cold meat, thick and thin sausages, jars, poultry cold cuts, gryzzale poultry products, maturing meat, turkey meat and extra dry sausages, roasted chicken, dry and semi-dry sausages.
79GF Score
Get the complete analysis for WAR:TAR
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:TAR has been successfully added to your 
