The Kraft Heinz CoXSWX:KHC 59 Piotroski F-Score is 4 as of Jun. 24, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates XSWX:KHC with a GF Score™ of 59/100 and a GF Value™ of CHF24.90. The stock has 1 warning sign investors should review. Among 1,912 Consumer Packaged Goods companies, The Kraft Heinz Co ranks worse than 67% 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
The Kraft Heinz Co 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 The Kraft Heinz Co's Piotroski F-Score or its related term are showing as below:
XSWX:KHC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of The Kraft Heinz Co was 8. The lowest was 3. And the median was 6.
The Kraft Heinz Co (XSWX:KHC) 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.
The Kraft Heinz Co Piotroski F-Score Related Terms
The Kraft Heinz Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The Kraft Heinz Co'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.
XSWX:KHC vs GIS, JBS, HRL: Piotroski F-Score Comparison
For the Packaged Foods subindustry, The Kraft Heinz Co'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.
The Kraft Heinz Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Kraft Heinz Co'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 -6362.477 + 489.601 + 518.782 + 628.265 = CHF-4,726 Mil. Cash Flow from Operations was 983.159 + 921.088 + 1096.534 + 792.024 = CHF3,793 Mil. Revenue was 5165.446 + 4965.276 + 5063.503 + 4760.803 = CHF19,955 Mil. Gross Profit was 1775.216 + 1584.239 + 1651.177 + 1747.019 = CHF6,758 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(79766.106 + 66341.669 + 65037.389 + 65175.263 + 64594.816) / 5 = CHF68183.0486 Mil. Total Assets at the begining of this year (Mar25) was CHF79,766 Mil. Long-Term Debt & Capital Lease Obligation was CHF15,134 Mil. Total Current Assets was CHF8,409 Mil. Total Current Liabilities was CHF7,037 Mil.
Net Income was 91.168 + -245.688 + 1900 + 629.123 = CHF2,375 Mil.
Revenue was 5788.249 + 5407.678 + 5863.162 + 5300.716 = CHF22,360 Mil. Gross Profit was 2050.377 + 1851.979 + 2001.642 + 1823.75 = CHF7,728 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(80248.577 + 79366.759 + 75033.115 + 78716.689 + 79766.106) / 5 = CHF78626.2492 Mil. Total Assets at the begining of last year (Mar24) was CHF80,249 Mil. Long-Term Debt & Capital Lease Obligation was CHF18,489 Mil. Total Current Assets was CHF8,357 Mil. Total Current Liabilities was CHF6,393 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.
The Kraft Heinz Co's current Net Income (TTM) was -4,726.
==> Negative ==> Score 0.
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.
The Kraft Heinz Co's return on assets of this year was -0.05924608. The Kraft Heinz Co's return on assets of last year was 0.02959059.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Kraft Heinz Co's gearing of this year was 0.22196526. The Kraft Heinz Co's gearing of last year was 0.23515467.
==> 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
The Kraft Heinz Co's current ratio of this year was 1.19501009. The Kraft Heinz Co's current ratio of last year was 1.30725642.
==> 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.
The Kraft Heinz Co's number of shares in issue this year was 1188. The Kraft Heinz Co's number of shares in issue last year was 1198.
==> 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.
The Kraft Heinz Co's gross margin of this year was 0.33864402. The Kraft Heinz Co's gross margin of last year was 0.34560892.
==> 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
The Kraft Heinz Co's asset turnover of this year was 0.25016926. The Kraft Heinz Co's asset turnover of last year was 0.27863179.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Kraft Heinz Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The Kraft Heinz Co (XSWX:KHC) has a Piotroski F-Score of 4 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Kraft Heinz Co and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, The Kraft Heinz Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, The Kraft Heinz Co ranks #1281 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 67%.
Is The Kraft Heinz Co's Piotroski F-Score too high?
The Kraft Heinz Co'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 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The Kraft Heinz Co's value of 4 is 20% below this industry median. Based on the distribution chart, The Kraft Heinz Co ranks #1281 out of 1912 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, The Kraft Heinz Co has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does The Kraft Heinz Co's Piotroski F-Score compare to GIS and JBS?
According to the Consumer Packaged Goods industry distribution chart, The Kraft Heinz Co ranks #1281 out of 1912 companies for Piotroski F-Score. This places The Kraft Heinz Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. The Kraft Heinz Co's value of 4 is 20% below this benchmark. Historically, The Kraft Heinz Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, The Kraft Heinz Co 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 1,912 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. The Kraft Heinz Co'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 The Kraft Heinz Co 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. The Kraft Heinz Co'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 The Kraft Heinz Co stock overvalued right now?
The Kraft Heinz Co (XSWX:KHC) has a current Piotroski F-Score of 4. The stock's GF Value™ is CHF24.90, compared to a current price of CHF18.27 — trading 26.6% below 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. The Kraft Heinz Co's overall GF Score™ is 59/100 with 1 warning sign 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 The Kraft Heinz Co (XSWX:KHC), the current Piotroski F-Score is 4 as of Jun. 24, 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 The Kraft Heinz Co (XSWX:KHC) Overvalued in 2026?
Based on GuruFocus' analysis, The Kraft Heinz Co stock appears to be undervalued.
The current stock price of CHF18.27 is trading 26.6% below its estimated GF Value™ of CHF24.90.
Key valuation signals for XSWX:KHC:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: CHF24.90 vs. price of CHF18.27 (26.6% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1281 of 1912)
No single metric tells the full story. See the XSWX:KHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. Beyond its namesake brands, its portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach encompasses a distribution network in Europe and emerging markets, which accounts for around 25% of its consolidated sales base. The company's products are sold in more than 190 countries and territories.
59GF Score
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