Cairo Mezz (ATH:CAIROMEZ) Piotroski F-Score: 3 (As of Jul. 01, 2026) — Near Median


ATH:CAIROMEZ Cairo Mezz PLC ATH:CAIROMEZ
31 GF Score
Price €0.24
! 3 Warning Signs
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What is Cairo Mezz Piotroski F-Score?

Cairo Mezz ATH:CAIROMEZ +0.21% 31 Piotroski F-Score is 3 as of Jul. 01, 2026, which is at its 10-year median of 3.00. GuruFocus rates ATH:CAIROMEZ with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 785 Capital Markets companies, Cairo Mezz ranks worse than 76.43% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Cairo Mezz has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

ATH:CAIROMEZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 3
Current: 3

During the past 4 years, the highest Piotroski F-Score of Cairo Mezz was 3. The lowest was 3. And the median was 3.

Cairo Mezz  (ATH:CAIROMEZ) 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.


Cairo Mezz Piotroski F-Score Related Terms


Cairo Mezz Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cairo Mezz'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.

Cairo Mezz Piotroski F-Score Chart

Cairo Mezz Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 3.00

Cairo Mezz Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 3.00 0.00 3.00

ATH:CAIROMEZ vs MS, GS, SCHW: Piotroski F-Score Comparison

For the Capital Markets subindustry, Cairo Mezz'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.


Cairo Mezz Piotroski F-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cairo Mezz's Piotroski F-Score distribution charts can be found below:

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


ATH:CAIROMEZ
31GF Score
Cairo Mezz PLC ATH:CAIROMEZ
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €-94.33 Mil.
Cash Flow from Operations was €-0.37 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (240.426 + 146.684) / 2 = €193.555 Mil.
Total Assets at the begining of this year (Dec24) was €240.43 Mil.
Long-Term Debt & Capital Lease Obligation was €0.57 Mil.
Total Current Assets was €0.35 Mil.
Total Current Liabilities was €0.24 Mil.
Net Income was €60.92 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (179.479 + 240.426) / 2 = €209.9525 Mil.
Total Assets at the begining of last year (Dec23) was €179.48 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €0.14 Mil.
Total Current Liabilities was €0.23 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.

Cairo Mezz's current Net Income (TTM) was -94.33. ==> 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.

Cairo Mezz's current Cash Flow from Operations (TTM) was -0.37. ==> Negative ==> Score 0.

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 (Dec24)
=-94.326/240.426
=-0.39232862

ROA (Last Year)=Net Income/Total Assets (Dec23)
=60.923/179.479
=0.33944361

Cairo Mezz's return on assets of this year was -0.39232862. Cairo Mezz's return on assets of last year was 0.33944361. ==> 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.

Cairo Mezz's current Net Income (TTM) was -94.33. Cairo Mezz's current Cash Flow from Operations (TTM) was -0.37. ==> -0.37 > -94.33 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.57/193.555
=0.0029449

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/209.9525
=0

Cairo Mezz's gearing of this year was 0.0029449. Cairo Mezz's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=0.347/0.242
=1.4338843

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.137/0.227
=0.60352423

Cairo Mezz's current ratio of this year was 1.4338843. Cairo Mezz's current ratio of last year was 0.60352423. ==> This year's current ratio is higher. ==> Score 1.

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.

Cairo Mezz's number of shares in issue this year was 309.097. Cairo Mezz's number of shares in issue last year was 309.097. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Cairo Mezz's gross margin of this year was . Cairo Mezz's gross margin of last year was . ==> 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 (Dec24)
=0/240.426
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/179.479
=0

Cairo Mezz's asset turnover of this year was 0. Cairo Mezz's asset turnover of last year was 0. ==> 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
=0+0+0+1+0+1+1+0+0
=3

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

Cairo Mezz has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Cairo Mezz (ATH:CAIROMEZ) has a Piotroski F-Score of 3 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cairo Mezz and its competitors. This is near median its historical median of 3.00. Over the past decade, Cairo Mezz's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Cairo Mezz ranks #600 out of 785 companies in the Capital Markets industry, placing it in the top 76.4%.
Is Cairo Mezz's Piotroski F-Score too high?
Cairo Mezz's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Capital Markets industry median Piotroski F-Score is 5.00. Cairo Mezz's value of 3 is 40% below this industry median. Based on the distribution chart, Cairo Mezz ranks #600 out of 785 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Cairo Mezz has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Cairo Mezz's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Cairo Mezz ranks #600 out of 785 companies for Piotroski F-Score. This places Cairo Mezz in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Cairo Mezz's value of 3 is 40% below this benchmark. Historically, Cairo Mezz's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Cairo Mezz 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 785 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. Cairo Mezz's current Piotroski F-Score of 3 is 40% 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 Cairo Mezz and its competitors. For the Capital Markets 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. Cairo Mezz's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cairo Mezz stock overvalued right now?
Cairo Mezz (ATH:CAIROMEZ) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Capital Markets industry median of 5.00. Cairo Mezz's overall GF Score™ is 31/100 with 3 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 Cairo Mezz (ATH:CAIROMEZ), the current Piotroski F-Score is 3 as of Jul. 01, 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.

Cairo Mezz Business Description

Other Exchanges 6H3:Germany
Address 33 Vasilissis Friderikis, 2nd Floor, Palais D’ Ivoire House, Nicosia, CYP, 1066
Cairo Mezz PLC is engaged in holding and managing mezzanine and junior notes issued due to the securitization of non-performing loans.
31GF Score

Get the complete analysis for ATH:CAIROMEZ

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

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