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Zabka GroupWAR:ZAB -0.10%14 Piotroski F-Score is 8 as of Sep. 19, 2026, which is at its 10-year median of 8.00. GuruFocus rates WAR:ZAB with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 304 Retail - Defensive companies, Zabka Group ranks better than 97.7% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Zabka Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Zabka Group's Piotroski F-Score or its related term are showing as below:
WAR:ZAB'
s Piotroski F-Score Range Over the Past 10 Years
Min: 7 Med: 8 Max: 9
Current: 8
During the past 5 years, the highest Piotroski F-Score of Zabka Group was 9. The lowest was 7. And the median was 8.
Zabka Group (WAR:ZAB) 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.
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.
Zabka Group Piotroski F-Score Related Terms
Zabka Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Zabka Group'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 Grocery Stores subindustry, Zabka Group'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.
Zabka Group Piotroski F-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Zabka Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Zabka Group'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.
Zabka Group's current Net Income (TTM) was 1,282.
==> 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.
Zabka Group's return on assets of this year was 0.06841683. Zabka Group's return on assets of last year was 0.03870935.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Zabka Group's gearing of this year was 0.43630103. Zabka Group's gearing of last year was 0.49077238.
==> 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
Zabka Group's current ratio of this year was 0.61211079. Zabka Group's current ratio of last year was 0.61382357.
==> 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.
Zabka Group's number of shares in issue this year was 1003.204. Zabka Group's number of shares in issue last year was 1001.491.
==> 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.
Zabka Group's gross margin of this year was 0.11907686. Zabka Group's gross margin of last year was 0.11379811.
==> 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
Zabka Group's asset turnover of this year was 1.5493864. Zabka Group's asset turnover of last year was 1.49883049.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Zabka Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Zabka Group (WAR:ZAB) has a Piotroski F-Score of 8 as of Sep. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zabka Group and its competitors. This is near median its historical median of 8.00. Over the past decade, Zabka Group's Piotroski F-Score has ranged from 7.00 to 9.00. According to the industry distribution chart, Zabka Group ranks #7 out of 304 companies in the Retail - Defensive industry, placing it in the top 2.3%.
Is Zabka Group's Piotroski F-Score too high?
Zabka Group's current Piotroski F-Score of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 9.00. The Retail - Defensive industry median Piotroski F-Score is 5.00. Zabka Group's value of 8 is 60% above this industry median. Based on the distribution chart, Zabka Group ranks #7 out of 304 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Zabka Group has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Zabka Group's Piotroski F-Score compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Zabka Group ranks #7 out of 304 companies for Piotroski F-Score. This places Zabka Group in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Zabka Group's value of 8 is 60% above this benchmark. Historically, Zabka Group's own Piotroski F-Score has ranged from 7.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Zabka Group 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 5.00, based on 304 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. Zabka Group's current Piotroski F-Score of 8 is 60% 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 Zabka Group and its competitors. For the Retail - Defensive 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. Zabka Group's current Piotroski F-Score is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zabka Group stock overvalued right now?
Zabka Group (WAR:ZAB) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is near median its 10-year median of 8.00 and 60% above the Retail - Defensive industry median of 5.00. Zabka Group's overall GF Score™ is 14/100 with 4 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 Zabka Group (WAR:ZAB), the current Piotroski F-Score is 8 as of Sep. 19, 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.
Zabka Group provides the ultimate convenience ecosystem. It has three basic business units: Zabka Polska focuses on retail activities for the operational and commercial aspects of the business, including the running and development of the modern physical convenience store network and the nationwide logistics network, Zabka International is responsible for the development of new markets and supervises the implementation of the foreign expansion, and Zabka Future is responsible for accelerating the creation of a digital convenience ecosystem with synergies between its parts and ensuring optimal technology for the multi-directional development of Group. It also includes Maczfit, which is a direct-to-consumer meal provider.
14GF Score
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