Pan Jamaica GroupXJAM:PJAM -5.22%98 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates XJAM:PJAM with a GF Score™ of 98/100 and a GF Value™ of JMD62.71 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Pan Jamaica Group ranks worse than 50.89% 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
Pan Jamaica Group 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 Pan Jamaica Group's Piotroski F-Score or its related term are showing as below:
XJAM:PJAM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Pan Jamaica Group was 7. The lowest was 2. And the median was 4.
Pan Jamaica Group (XJAM:PJAM) 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.
Pan Jamaica Group Piotroski F-Score Related Terms
Pan Jamaica Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Pan Jamaica 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.
XJAM:PJAM vs KO, PEP, MNST: Piotroski F-Score Comparison
For the Beverages - Non-Alcoholic subindustry, Pan Jamaica 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.
Pan Jamaica Group Piotroski F-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Pan Jamaica Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Pan Jamaica 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 2014.729 + 1708.661 + 871.867 + 487.258 = JMD5,083 Mil. Cash Flow from Operations was 1846.052 + 3331.941 + 2291.927 + 981.659 = JMD8,452 Mil. Revenue was 11667.312 + 11782.047 + 12082.037 + 11130.129 = JMD46,662 Mil. Gross Profit was 3746.038 + 3505.005 + 2993.546 + 3213.036 = JMD13,458 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(145220.77 + 149650.322 + 152410.725 + 153239.172 + 151679.738) / 5 = JMD150440.1454 Mil. Total Assets at the begining of this year (Mar25) was JMD145,221 Mil. Long-Term Debt & Capital Lease Obligation was JMD25,115 Mil. Total Current Assets was JMD21,235 Mil. Total Current Liabilities was JMD7,779 Mil.
Net Income was 1053.229 + 772.36 + 1983.864 + 1684.364 = JMD5,494 Mil.
Revenue was 9493.269 + 9847.902 + 10783.535 + 9759.275 = JMD39,884 Mil. Gross Profit was 2742.897 + 2806.823 + 3275.228 + 3000.664 = JMD11,826 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(139826.899 + 141426.765 + 143934.173 + 143645.538 + 145220.77) / 5 = JMD142810.829 Mil. Total Assets at the begining of last year (Mar24) was JMD139,827 Mil. Long-Term Debt & Capital Lease Obligation was JMD25,465 Mil. Total Current Assets was JMD19,197 Mil. Total Current Liabilities was JMD6,994 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.
Pan Jamaica Group's current Net Income (TTM) was 5,083.
==> 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.
Pan Jamaica Group's return on assets of this year was 0.03499854. Pan Jamaica Group's return on assets of last year was 0.03929013.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Pan Jamaica Group's gearing of this year was 0.16694268. Pan Jamaica Group's gearing of last year was 0.17831564.
==> 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
Pan Jamaica Group's current ratio of this year was 2.72972793. Pan Jamaica Group's current ratio of last year was 2.74470554.
==> 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.
Pan Jamaica Group's number of shares in issue this year was 1624.193. Pan Jamaica Group's number of shares in issue last year was 1619.581.
==> 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.
Pan Jamaica Group's gross margin of this year was 0.28840946. Pan Jamaica Group's gross margin of last year was 0.29650029.
==> 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
Pan Jamaica Group's asset turnover of this year was 0.3213144. Pan Jamaica Group's asset turnover of last year was 0.28523826.
==> 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
Pan Jamaica Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Pan Jamaica Group (XJAM:PJAM) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pan Jamaica Group and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Pan Jamaica Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Pan Jamaica Group ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50.9%.
Is Pan Jamaica Group's Piotroski F-Score too high?
Pan Jamaica Group's 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 2.00 to a high of 7.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 5.50. Pan Jamaica Group's value of 5 is 9.1% below this industry median. Based on the distribution chart, Pan Jamaica Group ranks #57 out of 112 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Pan Jamaica Group has a GF Score™ of 98/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pan Jamaica Group's Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Pan Jamaica Group ranks #57 out of 112 companies for Piotroski F-Score. This places Pan Jamaica Group in the lower half of its industry. The industry median Piotroski F-Score is 5.50. Pan Jamaica Group's value of 5 is 9.1% below this benchmark. Historically, Pan Jamaica Group'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 4.00 vs. the industry median of 5.50, Pan Jamaica Group has consistently been below 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 Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 5.50, based on 112 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. Pan Jamaica Group's current Piotroski F-Score of 5 is 9.1% below 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 Pan Jamaica Group and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Jamaica Group'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 Pan Jamaica Group stock overvalued right now?
Based on GuruFocus' analysis, Pan Jamaica Group (XJAM:PJAM) is currently considered Significantly Undervalued. The stock's GF Value™ is JMD62.71, compared to a current price of JMD44.09 — trading 29.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 9.1% below the Beverages - Non-Alcoholic industry median of 5.50. Pan Jamaica Group's overall GF Score™ is 98/100 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 Pan Jamaica Group (XJAM:PJAM), the current Piotroski F-Score is 5 as of Jun. 26, 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 Pan Jamaica Group (XJAM:PJAM) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Jamaica Group stock appears to be undervalued.
The current stock price of JMD44.09 is trading 29.7% below its estimated GF Value™ of JMD62.71.
GuruFocus considers Pan Jamaica Group to be Significantly Undervalued.
Key valuation signals for XJAM:PJAM:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: JMD62.71 vs. price of JMD44.09 (29.7% below fair value)
Industry Position: 9.1% below the Beverages - Non-Alcoholic median (#57 of 112)
No single metric tells the full story. See the XJAM:PJAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Jamaica Group Ltd is a Caribbean-based multinational holding company. It acquires, holds, and operates businesses in the Caribbean, Europe and the Americas. The company's business is divided into five segments: i) The Property and Infrastructure segment focuses on the development and management of real estate and related infrastructure. ii) The Financial Services segment provides products and services to institutional and individual investors. iii) The Global Services segment includes logistics-related operations. iv) The Specialty Foods segment is engaged in agriculture, processing, distribution and/or retail of food and drink. v) Corporate services, which comprises interest and investment income. The majority of the company's revenue is derived from the Specialty Foods segment.
98GF Score
Get the complete analysis for XJAM:PJAM
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