PALM CI (XBRV:PALC) Piotroski F-Score: 7 (As of Aug. 03, 2026) — Near Median

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XBRV:PALC PALM CI XBRV:PALC
93 GF Score
Price XOF8,600.00
GF Value XOF6,614.84
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is PALM CI Piotroski F-Score?

PALM CI XBRV:PALC -4.66% 93 Piotroski F-Score is 7 as of Aug. 03, 2026, which is at its 10-year median of 7.00. GuruFocus rates XBRV:PALC with a GF Score™ of 93/100 and a GF Value™ of XOF6,614.84 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, PALM CI ranks better than 88.4% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

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

XBRV:PALC' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of PALM CI was 8. The lowest was 4. And the median was 7.

PALM CI  (XBRV:PALC) 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.


PALM CI Piotroski F-Score Related Terms


PALM CI Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PALM CI'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.

PALM CI Piotroski F-Score Chart

PALM CI 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 8.00 5.00 4.00 7.00 7.00

PALM CI Semi-Annual Data
Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 5.00 4.00 7.00 7.00

XBRV:PALC vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, PALM CI'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.


PALM CI Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PALM CI's Piotroski F-Score distribution charts can be found below:

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


XBRV:PALC
93GF Score
PALM CI XBRV:PALC
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was XOF15,158 Mil.
Cash Flow from Operations was XOF38,612 Mil.
Revenue was XOF197,630 Mil.
Gross Profit was XOF95,693 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (205428 + 201056) / 2 = XOF203242 Mil.
Total Assets at the begining of this year (Dec24) was XOF205,428 Mil.
Long-Term Debt & Capital Lease Obligation was XOF559 Mil.
Total Current Assets was XOF94,889 Mil.
Total Current Liabilities was XOF55,711 Mil.
Net Income was XOF17,321 Mil.

Revenue was XOF172,183 Mil.
Gross Profit was XOF91,151 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (209619.915 + 205428) / 2 = XOF207523.9575 Mil.
Total Assets at the begining of last year (Dec23) was XOF209,620 Mil.
Long-Term Debt & Capital Lease Obligation was XOF593 Mil.
Total Current Assets was XOF101,602 Mil.
Total Current Liabilities was XOF66,085 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.

PALM CI's current Net Income (TTM) was 15,158. ==> 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.

PALM CI's current Cash Flow from Operations (TTM) was 38,612. ==> 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 (Dec24)
=15158/205428
=0.07378741

ROA (Last Year)=Net Income/Total Assets (Dec23)
=17321/209619.915
=0.08263051

PALM CI's return on assets of this year was 0.07378741. PALM CI's return on assets of last year was 0.08263051. ==> 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.

PALM CI's current Net Income (TTM) was 15,158. PALM CI's current Cash Flow from Operations (TTM) was 38,612. ==> 38,612 > 15,158 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=559/203242
=0.00275042

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=593/207523.9575
=0.0028575

PALM CI's gearing of this year was 0.00275042. PALM CI's gearing of last year was 0.0028575. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=94889/55711
=1.70323634

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=101602/66085
=1.5374442

PALM CI's current ratio of this year was 1.70323634. PALM CI's current ratio of last year was 1.5374442. ==> 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.

PALM CI's number of shares in issue this year was 15.459. PALM CI's number of shares in issue last year was 15.459. ==> 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
=95693/197630
=0.4842028

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=91151/172183
=0.52938443

PALM CI's gross margin of this year was 0.4842028. PALM CI's gross margin of last year was 0.52938443. ==> 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 (Dec24)
=197630/205428
=0.96204023

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=172183/209619.915
=0.82140573

PALM CI's asset turnover of this year was 0.96204023. PALM CI's asset turnover of last year was 0.82140573. ==> 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+1+1+1+0+1
=7

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

PALM CI has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
PALM CI (XBRV:PALC) has a Piotroski F-Score of 7 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PALM CI and its competitors. This is near median its historical median of 7.00. Over the past decade, PALM CI's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, PALM CI ranks #222 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is PALM CI's Piotroski F-Score too high?
PALM CI's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. PALM CI's value of 7 is 40% above this industry median. Based on the distribution chart, PALM CI ranks #222 out of 1913 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, PALM CI has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PALM CI's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PALM CI ranks #222 out of 1913 companies for Piotroski F-Score. This places PALM CI in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PALM CI's value of 7 is 40% above this benchmark. Historically, PALM CI's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, PALM CI 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 1,913 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. PALM CI's current Piotroski F-Score of 7 is 40% 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 PALM CI 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. PALM CI's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PALM CI stock overvalued right now?
Based on GuruFocus' analysis, PALM CI (XBRV:PALC) is currently considered Modestly Overvalued. The stock's GF Value™ is XOF6,614.84, compared to a current price of XOF8,600.00 — trading 30% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. PALM CI's overall GF Score™ is 93/100 with 6 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 PALM CI (XBRV:PALC), the current Piotroski F-Score is 7 as of Aug. 03, 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 PALM CI (XBRV:PALC) Overvalued in 2026?

Based on GuruFocus' analysis, PALM CI stock appears to be overvalued. The current stock price of XOF8,600.00 is trading 30% above its estimated GF Value™ of XOF6,614.84. GuruFocus considers PALM CI to be Modestly Overvalued.

Key valuation signals for XBRV:PALC:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: XOF6,614.84 vs. price of XOF8,600.00 (30% above fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#222 of 1913)

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


PALM CI Business Description

Address Siege Abidjan, boulevard du Havre, Abidjan, CIV
PALM CI produces and markets crude palm oil. It also cultivates palm plants.
93GF Score

Get the complete analysis for XBRV:PALC

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

XOF8,600.00
Price
XOF6,614.84
GF Value