Blumar (XSGO:BLUMAR) Piotroski F-Score: 4 (As of Sep. 12, 2026) — 33% Below Median

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XSGO:BLUMAR Blumar SA XSGO:BLUMAR
67 GF Score
Price CLP275.05
GF Value CLP239.70
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Blumar Piotroski F-Score?

Blumar XSGO:BLUMAR 67 Piotroski F-Score is 4 as of Sep. 12, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates XSGO:BLUMAR with a GF Score™ of 67/100 and a GF Value™ of CLP239.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,946 Consumer Packaged Goods companies, Blumar ranks worse than 67.83% 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

Blumar has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Blumar's Piotroski F-Score or its related term are showing as below:

XSGO:BLUMAR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Blumar was 9. The lowest was 2. And the median was 6.

Blumar  (XSGO:BLUMAR) 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.


Blumar Piotroski F-Score Related Terms


Blumar Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Blumar'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.

Blumar Piotroski F-Score Chart

Blumar 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 7.00 8.00 5.00 8.00 5.00

Blumar Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only 8.00 6.00 5.00 5.00 4.00

XSGO:BLUMAR vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Blumar'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.


Blumar Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


XSGO:BLUMAR
67GF Score
Blumar SA XSGO:BLUMAR
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -5124.891 + -6030.209 + 14274.416 + 22018.456 = CLP25,138 Mil.
Cash Flow from Operations was 21803.822 + 5250.614 + 9255.232 + 12041.428 = CLP48,351 Mil.
Revenue was 157358.159 + 131700.382 + 175669.601 + 194557.028 = CLP659,285 Mil.
Gross Profit was 18962.098 + 10960.028 + 45478.422 + 51311.206 = CLP126,712 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(943222.065 + 966066.021 + 927469.511 + 952517.647 + 952266.091) / 5 = CLP948308.267 Mil.
Total Assets at the begining of this year (Jun25) was CLP943,222 Mil.
Long-Term Debt & Capital Lease Obligation was CLP174,142 Mil.
Total Current Assets was CLP445,854 Mil.
Total Current Liabilities was CLP280,104 Mil.
Net Income was 519.418 + 11586.636 + 26135.009 + 1894.476 = CLP40,136 Mil.

Revenue was 127982.478 + 176201.929 + 195157.621 + 183192.335 = CLP682,534 Mil.
Gross Profit was 22347.955 + 34705.754 + 46905.404 + 30394.103 = CLP134,353 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(953577.184 + 948239.537 + 1018592.08 + 969493.027 + 943222.065) / 5 = CLP966624.7786 Mil.
Total Assets at the begining of last year (Jun24) was CLP953,577 Mil.
Long-Term Debt & Capital Lease Obligation was CLP203,209 Mil.
Total Current Assets was CLP430,936 Mil.
Total Current Liabilities was CLP224,583 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.

Blumar's current Net Income (TTM) was 25,138. ==> 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.

Blumar's current Cash Flow from Operations (TTM) was 48,351. ==> 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 (Jun25)
=25137.772/943222.065
=0.02665096

ROA (Last Year)=Net Income/Total Assets (Jun24)
=40135.539/953577.184
=0.04208945

Blumar's return on assets of this year was 0.02665096. Blumar's return on assets of last year was 0.04208945. ==> 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.

Blumar's current Net Income (TTM) was 25,138. Blumar's current Cash Flow from Operations (TTM) was 48,351. ==> 48,351 > 25,138 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=174142.104/948308.267
=0.18363449

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=203209.472/966624.7786
=0.2102258

Blumar's gearing of this year was 0.18363449. Blumar's gearing of last year was 0.2102258. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=445854.273/280103.774
=1.59174675

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=430935.579/224583.021
=1.91882528

Blumar's current ratio of this year was 1.59174675. Blumar's current ratio of last year was 1.91882528. ==> 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.

Blumar's number of shares in issue this year was 1621.2. Blumar's number of shares in issue last year was 1554.615. ==> 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
=126711.754/659285.17
=0.19219567

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=134353.216/682534.363
=0.19684462

Blumar's gross margin of this year was 0.19219567. Blumar's gross margin of last year was 0.19684462. ==> 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 (Jun25)
=659285.17/943222.065
=0.69897132

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=682534.363/953577.184
=0.71576205

Blumar's asset turnover of this year was 0.69897132. Blumar's asset turnover of last year was 0.71576205. ==> 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+0+1+1+0+0+0+0
=4

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

Blumar has an F-score of 4 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 4 mean?
Blumar (XSGO:BLUMAR) has a Piotroski F-Score of 4 as of Sep. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Blumar and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Blumar's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Blumar ranks #1320 out of 1946 companies in the Consumer Packaged Goods industry, placing it in the top 67.8%.
Is Blumar's Piotroski F-Score too high?
Blumar's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Blumar's value of 4 is 20% below this industry median. Based on the distribution chart, Blumar ranks #1320 out of 1946 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Blumar has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blumar's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Blumar ranks #1320 out of 1946 companies for Piotroski F-Score. This places Blumar in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Blumar's value of 4 is 20% below this benchmark. Historically, Blumar's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Blumar 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,946 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. Blumar's current Piotroski F-Score of 4 is 20% 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 Blumar 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. Blumar's current Piotroski F-Score is 4, which is 33% 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 Blumar stock overvalued right now?
Based on GuruFocus' analysis, Blumar (XSGO:BLUMAR) is currently considered Modestly Overvalued. The stock's GF Value™ is CLP239.70, compared to a current price of CLP275.05 — trading 14.7% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Blumar's overall GF Score™ is 67/100 with 5 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 Blumar (XSGO:BLUMAR), the current Piotroski F-Score is 4 as of Sep. 12, 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 Blumar (XSGO:BLUMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Blumar stock appears to be overvalued. The current stock price of CLP275.05 is trading 14.7% above its estimated GF Value™ of CLP239.70. GuruFocus considers Blumar to be Modestly Overvalued.

Key valuation signals for XSGO:BLUMAR:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: CLP239.70 vs. price of CLP275.05 (14.7% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1320 of 1946)

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


Blumar Business Description

Address Magdalena No. 181, 13th Floor, Office 1301 South, Las Condes, Santiago, CHL
Blumar SA is an aquaculture company. It engaged in fishing, processing, transformation, marketing, and export of fish. Its product offerings include fish meal, dried and smoked fish products fish oil, salmon and trout, and frozen fish products. The company's business segments are; Fishing and Aquaculture. Maximum revenue is derived from its Aquaculture segment which represents its salmon farming business. Geographically, the company's products are sold across different markets such as the United States, Brazil and the rest of Latin America, Europe, and Asia.
67GF Score

Get the complete analysis for XSGO:BLUMAR

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

CLP275.05
Price
CLP239.70
GF Value