Acadia Realty TrustAKR +0.88%66 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates AKR with a GF Score™ of 66/100 and a GF Value™ of $17.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 888 REITs companies, Acadia Realty Trust ranks better than 73.76% 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
Acadia Realty Trust has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Acadia Realty Trust's Piotroski F-Score or its related term are showing as below:
AKR'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Acadia Realty Trust was 8. The lowest was 3. And the median was 5.
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.
Acadia Realty Trust Piotroski F-Score Related Terms
Acadia Realty Trust Piotroski F-Score Historical Data
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The historical data trend for Acadia 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.
AKR vs UE, CURB, FCPT: Piotroski F-Score Comparison
For the REIT - Retail subindustry, Acadia 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.
Acadia Realty Trust Piotroski F-Score vs REITs Industry
For the REITs industry and Real Estate sector, Acadia Realty Trust's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Acadia Realty Trust'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.
*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.
Acadia Realty Trust's current Net Income (TTM) was 45.8.
==> 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.
Acadia Realty Trust's return on assets of this year was 0.00966388. Acadia Realty Trust's return on assets of last year was 0.00467931.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Acadia Realty Trust's gearing of this year was 0.32737362. Acadia Realty Trust's gearing of last year was 0.38490215.
==> 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
Acadia Realty Trust's current ratio of this year was 1.38577463. Acadia Realty Trust's current ratio of last year was 2.15007124.
==> 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.
Acadia Realty Trust's number of shares in issue this year was 131.332. Acadia Realty Trust's number of shares in issue last year was 121.329.
==> 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.
Acadia Realty Trust's gross margin of this year was 0.69927569. Acadia Realty Trust's gross margin of last year was 0.69900222.
==> This year's gross margin is higher. ==> Score 1.
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
Acadia Realty Trust's asset turnover of this year was 0.08644067. Acadia Realty Trust's asset turnover of last year was 0.08725328.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Acadia Realty Trust has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Acadia Realty Trust (AKR) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Acadia Realty Trust and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Acadia Realty Trust's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Acadia Realty Trust ranks #233 out of 888 companies in the REITs industry, placing it in the top 26.2%.
Is Acadia Realty Trust's Piotroski F-Score too high?
Acadia Realty Trust's current Piotroski F-Score of 6 is 20% above 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 8.00. The REITs industry median Piotroski F-Score is 6.00. Acadia Realty Trust's value of 6 is 0% at this industry median. Based on the distribution chart, Acadia Realty Trust ranks #233 out of 888 companies in the REITs industry, which is above the industry midpoint. Overall, Acadia Realty Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acadia Realty Trust's Piotroski F-Score compare to UE and CURB?
According to the REITs industry distribution chart, Acadia Realty Trust ranks #233 out of 888 companies for Piotroski F-Score. This puts Acadia Realty Trust in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Acadia Realty Trust's value of 6 is 0% at this benchmark. Historically, Acadia Realty Trust'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 5.00 vs. the industry median of 6.00, Acadia Realty Trust 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 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. Acadia Realty Trust's current Piotroski F-Score of 6 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 Acadia 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. Acadia Realty Trust's current Piotroski F-Score is 6, which is 20% above 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 Acadia Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Acadia Realty Trust (AKR) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.45, compared to a current price of $21.88 — trading 25.4% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the REITs industry median of 6.00. Acadia Realty Trust's overall GF Score™ is 66/100 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 Acadia Realty Trust (AKR), the current Piotroski F-Score is 6 as of Jun. 27, 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 Acadia Realty Trust (AKR) Overvalued in 2026?
Based on GuruFocus' analysis, Acadia Realty Trust stock appears to be overvalued.
The current stock price of $21.88 is trading 25.4% above its estimated GF Value™ of $17.45.
GuruFocus considers Acadia Realty Trust to be Modestly Overvalued.
Key valuation signals for AKR:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: $17.45 vs. price of $21.88 (25.4% above fair value)
Industry Position: 0% at the REITs median (#233 of 888)
No single metric tells the full story. See the AKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company operates through three segments: REIT Portfolio segment consists of high-quality retail properties located in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon; Investment Management segment holds the retail real estate in which the company co-invests with high-quality institutional investors; and Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable Fees earned by the company as the general partner or managing member through Investment Management.
66GF Score
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