ICL GroupXTAE:ICL +0.13%83 Piotroski F-Score is 5 as of Jul. 07, 2026, which is at its 10-year median of 5.00. GuruFocus rates XTAE:ICL with a GF Score™ of 83/100 and a GF Value™ of ₪18.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 250 Agriculture companies, ICL Group ranks better than 58.8% 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
ICL 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 ICL Group's Piotroski F-Score or its related term are showing as below:
XTAE:ICL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of ICL Group was 9. The lowest was 3. And the median was 5.
ICL Group (XTAE:ICL) 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.
ICL Group Piotroski F-Score Related Terms
ICL Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ICL 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.
XTAE:ICL vs CTVA, CF, MOS: Piotroski F-Score Comparison
For the Agricultural Inputs subindustry, ICL 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.
ICL Group Piotroski F-Score vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, ICL Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ICL 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 282.436 + 349.249 + -221.697 + 382.656 = ₪793 Mil. Cash Flow from Operations was 816.94 + 935.381 + 953.602 + 592.205 = ₪3,298 Mil. Revenue was 5563.692 + 5627.468 + 5165.852 + 6143.75 = ₪22,501 Mil. Gross Profit was 1682.47 + 1834.318 + 1421.293 + 1901.131 = ₪6,839 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(35504.982 + 37582.256 + 37239.081 + 37697.66 + 39507.683) / 5 = ₪37506.3324 Mil. Total Assets at the begining of this year (Mar25) was ₪35,505 Mil. Long-Term Debt & Capital Lease Obligation was ₪6,754 Mil. Total Current Assets was ₪13,517 Mil. Total Current Liabilities was ₪9,825 Mil.
Net Income was 349.249 + 343.175 + 212.587 + 276.362 = ₪1,181 Mil.
Revenue was 5320.736 + 5323.773 + 4862.157 + 5366.291 = ₪20,873 Mil. Gross Profit was 1724.988 + 1810.022 + 1624.768 + 1700.692 = ₪6,860 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(34882.408 + 34029.025 + 35101.068 + 34381.311 + 35504.982) / 5 = ₪34779.7588 Mil. Total Assets at the begining of last year (Mar24) was ₪34,882 Mil. Long-Term Debt & Capital Lease Obligation was ₪5,637 Mil. Total Current Assets was ₪11,650 Mil. Total Current Liabilities was ₪7,905 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.
ICL Group's current Net Income (TTM) was 793.
==> 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.
ICL Group's return on assets of this year was 0.02232487. ICL Group's return on assets of last year was 0.0338673.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ICL Group's current ratio of this year was 1.37588871. ICL Group's current ratio of last year was 1.47368416.
==> 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.
ICL Group's number of shares in issue this year was 1290.677. ICL Group's number of shares in issue last year was 1290.944.
==> 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.
ICL Group's gross margin of this year was 0.30395468. ICL Group's gross margin of last year was 0.32867744.
==> 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
ICL Group's asset turnover of this year was 0.63373534. ICL Group's asset turnover of last year was 0.59838062.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ICL Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
ICL Group (XTAE:ICL) has a Piotroski F-Score of 5 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ICL Group and its competitors. This is near median its historical median of 5.00. Over the past decade, ICL Group's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, ICL Group ranks #103 out of 250 companies in the Agriculture industry, placing it in the top 41.2%.
Is ICL Group's Piotroski F-Score too high?
ICL Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Agriculture industry median Piotroski F-Score is 5.00. ICL Group's value of 5 is 0% at this industry median. Based on the distribution chart, ICL Group ranks #103 out of 250 companies in the Agriculture industry, which is above the industry midpoint. Overall, ICL Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ICL Group's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, ICL Group ranks #103 out of 250 companies for Piotroski F-Score. This puts ICL Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. ICL Group's value of 5 is 0% at this benchmark. Historically, ICL Group's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, ICL Group has consistently been at 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 an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 250 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. ICL Group's current Piotroski F-Score of 5 is 0% at 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 ICL Group and its competitors. For the Agriculture 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. ICL Group's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICL Group stock overvalued right now?
Based on GuruFocus' analysis, ICL Group (XTAE:ICL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪18.21, compared to a current price of ₪15.15 — trading 16.8% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Agriculture industry median of 5.00. ICL Group's overall GF Score™ is 83/100 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 ICL Group (XTAE:ICL), the current Piotroski F-Score is 5 as of Jul. 07, 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 ICL Group (XTAE:ICL) Overvalued in 2026?
Based on GuruFocus' analysis, ICL Group stock appears to be undervalued.
The current stock price of ₪15.15 is trading 16.8% below its estimated GF Value™ of ₪18.21.
GuruFocus considers ICL Group to be Modestly Undervalued.
Key valuation signals for XTAE:ICL:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ₪18.21 vs. price of ₪15.15 (16.8% below fair value)
Industry Position: 0% at the Agriculture median (#103 of 250)
No single metric tells the full story. See the XTAE:ICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. Maximum revenue is generated from its phosphate solutions segment which uses phosphate commodity products, such as phosphate rock and fertilizer-grade phosphoric acid (green phosphoric acid), to produce specialty products. This segment also produces and markets phosphate-based fertilizers. Geographically, the company generates revenue from Brazil, the United States of America, China, United Kingdom, Germany, Spain, Israel, France, India, Netherlands, and other countries.
83GF Score
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