AHRTPA.PFD (AH Realty Trust) Piotroski F-Score: 4 (As of Jun. 24, 2026) — 20% Below Median


AHRTPA.PFD AH Realty Trust Inc AHRTPA.PFD
66 GF Score
Price $22.05
! 11 Warning Signs
View Full Analysis

What is AH Realty Trust Piotroski F-Score?

AH Realty Trust AHRTPA.PFD -0.63% 66 Piotroski F-Score is 4 as of Jun. 24, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates AHRTPA.PFD with a GF Score™ of 66/100. The stock has 11 warning signs investors should review. Among 888 REITs companies, AH Realty Trust ranks worse than 76.24% 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

AH Realty Trust 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 AH Realty Trust's Piotroski F-Score or its related term are showing as below:

AHRTpA.PFD' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of AH Realty Trust was 8. The lowest was 4. And the median was 5.

AH Realty Trust  (NYSE:AHRTpA.PFD) 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.


AH Realty Trust Piotroski F-Score Related Terms


AH Realty Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AH Realty Trust'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.

AH Realty Trust Piotroski F-Score Chart

AH Realty Trust 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 5.00 5.00 5.00 6.00 5.00

AH Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 6.00 6.00 5.00 4.00

AHRTPA.PFD vs OLP, GOOD, FVR: Piotroski F-Score Comparison

For the REIT - Diversified subindustry, AH Realty Trust'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.


AH Realty Trust Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, AH Realty Trust's Piotroski F-Score distribution charts can be found below:

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


AHRTPA.PFD
66GF Score
AH Realty Trust Inc AHRTPA.PFD
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 6.794 + -0.688 + 1.93 + -23.164 = $-15.13 Mil.
Cash Flow from Operations was -1.211 + 26.29 + 26.747 + 12.477 = $64.30 Mil.
Revenue was 101.263 + 96.082 + 75.602 + 52.317 = $325.26 Mil.
Gross Profit was 48.004 + 51.184 + 51.477 + 34.725 = $185.39 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2465.226 + 2576.671 + 2577.135 + 2596.201 + 2472.851) / 5 = $2537.6168 Mil.
Total Assets at the begining of this year (Mar25) was $2,465.23 Mil.
Long-Term Debt & Capital Lease Obligation was $1,610.59 Mil.
Total Current Assets was $822.95 Mil.
Total Current Liabilities was $319.55 Mil.
Net Income was 3.172 + -5.038 + 23.438 + -4.34 = $17.23 Mil.

Revenue was 184.736 + 187.652 + -291.802 + 114.643 = $195.23 Mil.
Gross Profit was 51.263 + 53.829 + 33.204 + 47.832 = $186.13 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2601.144 + 2569.986 + 2561.139 + 2512.863 + 2465.226) / 5 = $2542.0716 Mil.
Total Assets at the begining of last year (Mar24) was $2,601.14 Mil.
Long-Term Debt & Capital Lease Obligation was $1,444.71 Mil.
Total Current Assets was $319.37 Mil.
Total Current Liabilities was $104.71 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.

AH Realty Trust's current Net Income (TTM) was -15.13. ==> 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.

Score 1 if positive, 0 if negative.

AH Realty Trust's current Cash Flow from Operations (TTM) was 64.30. ==> 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 (Mar25)
=-15.128/2465.226
=-0.00613656

ROA (Last Year)=Net Income/Total Assets (Mar24)
=17.232/2601.144
=0.00662478

AH Realty Trust's return on assets of this year was -0.00613656. AH Realty Trust's return on assets of last year was 0.00662478. ==> 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.

AH Realty Trust's current Net Income (TTM) was -15.13. AH Realty Trust's current Cash Flow from Operations (TTM) was 64.30. ==> 64.30 > -15.13 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=1610.585/2537.6168
=0.63468409

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1444.714/2542.0716
=0.56832152

AH Realty Trust's gearing of this year was 0.63468409. AH Realty Trust's gearing of last year was 0.56832152. ==> Last year is lower than this year ==> Score 0.

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: Mar26)=Total Current Assets/Total Current Liabilities
=822.947/319.552
=2.57531482

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=319.365/104.713
=3.04990784

AH Realty Trust's current ratio of this year was 2.57531482. AH Realty Trust's current ratio of last year was 3.04990784. ==> 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.

AH Realty Trust's number of shares in issue this year was 0. AH Realty Trust's number of shares in issue last year was 0. ==> 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
=185.39/325.264
=0.56996778

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=186.128/195.229
=0.95338295

AH Realty Trust's gross margin of this year was 0.56996778. AH Realty Trust's gross margin of last year was 0.95338295. ==> 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 (Mar25)
=325.264/2465.226
=0.13194084

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=195.229/2601.144
=0.07505505

AH Realty Trust's asset turnover of this year was 0.13194084. AH Realty Trust's asset turnover of last year was 0.07505505. ==> 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
=0+1+0+1+0+0+1+0+1
=4

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

AH Realty Trust 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?
AH Realty Trust (AHRTPA.PFD) 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 AH Realty Trust and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, AH Realty Trust's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, AH Realty Trust ranks #677 out of 888 companies in the REITs industry, placing it in the top 76.2%.
Is AH Realty Trust's Piotroski F-Score too high?
AH Realty Trust's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The REITs industry median Piotroski F-Score is 6.00. AH Realty Trust's value of 4 is 33.3% below this industry median. Based on the distribution chart, AH Realty Trust ranks #677 out of 888 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, AH Realty Trust has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does AH Realty Trust's Piotroski F-Score compare to OLP and GOOD?
According to the REITs industry distribution chart, AH Realty Trust ranks #677 out of 888 companies for Piotroski F-Score. This places AH Realty Trust in the lower half of its industry. The industry median Piotroski F-Score is 6.00. AH Realty Trust's value of 4 is 33.3% below this benchmark. Historically, AH Realty Trust'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 5.00 vs. the industry median of 6.00, AH Realty Trust 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 888 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. AH Realty Trust's current Piotroski F-Score of 4 is 33.3% 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 AH Realty Trust and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AH Realty Trust's current Piotroski F-Score is 4, which is 20% below 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 AH Realty Trust stock overvalued right now?
AH Realty Trust (AHRTPA.PFD) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 33.3% below the REITs industry median of 6.00. AH Realty Trust's overall GF Score™ is 66/100 with 11 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 AH Realty Trust (AHRTPA.PFD), 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.

AH Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges AHRT:USA791:Germany
Address 222 Central Park Avenue, Suite 1000, Virginia Beach, VA, USA, 23462
AH Realty Trust Inc is a real estate investment trust (REIT). It owns, operates, and acquires high-quality properties across the Mid-Atlantic and Southeast, creating lasting value for investors, partners, clients, tenants, and communities. The group focuses on operating and acquiring high-quality, well-positioned assets with growth potential and delivering long-term value for shareholders. Its portfolio includes Harbor Point, Southern Post, The Interlock, and Others.
66GF Score

Get the complete analysis for AHRTPA.PFD

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

$22.05
Price