BLNK (Blink Charging Co) Piotroski F-Score: 3 (As of Jun. 26, 2026) — Near Median


BLNK Blink Charging Co BLNK
54 GF Score
Price $0.61
GF Value $0.90
Valuation Possible Value Trap
! 5 Warning Signs
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What is Blink Charging Co Piotroski F-Score?

Blink Charging Co BLNK +2.13% 54 Piotroski F-Score is 3 as of Jun. 26, 2026, which is at its 10-year median of 3.00. GuruFocus rates BLNK with a GF Score™ of 54/100 and a GF Value™ of $0.90 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,735 Construction companies, Blink Charging Co ranks worse than 81.84% 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

Blink Charging Co 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 Blink Charging Co's Piotroski F-Score or its related term are showing as below:

BLNK' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 5
Current: 3

During the past 13 years, the highest Piotroski F-Score of Blink Charging Co was 5. The lowest was 1. And the median was 3.

Blink Charging Co  (NAS:BLNK) 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.


Blink Charging Co Piotroski F-Score Related Terms


Blink Charging Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Blink Charging 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.

Blink Charging Co Piotroski F-Score Chart

Blink Charging Co 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 4.00 3.00 4.00 3.00 3.00

Blink Charging Co 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 1.00 1.00 1.00 3.00 3.00

BLNK vs SHIM, SKBL, SLND: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Blink Charging 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.


Blink Charging Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Blink Charging Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Blink Charging Co's Piotroski F-Score falls into.


BLNK
54GF Score
Blink Charging Co BLNK
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 -31.959 + -0.086 + -30.633 + -11.563 = $-74.2 Mil.
Cash Flow from Operations was -15.498 + -3.016 + 0.683 + 0.671 = $-17.2 Mil.
Revenue was 28.635 + 26.971 + 27.01 + 20.779 = $103.4 Mil.
Gross Profit was 2.062 + 9.607 + 6.315 + 6.639 = $24.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(199.078 + 168.422 + 171.277 + 147.453 + 133.164) / 5 = $163.8788 Mil.
Total Assets at the begining of this year (Mar25) was $199.1 Mil.
Long-Term Debt & Capital Lease Obligation was $4.6 Mil.
Total Current Assets was $76.1 Mil.
Total Current Liabilities was $61.9 Mil.
Net Income was -20.059 + -87.389 + -76.697 + -21.008 = $-205.2 Mil.

Revenue was 33.21 + 24.205 + 28.589 + 20.718 = $106.7 Mil.
Gross Profit was 10.661 + 8.137 + 4.963 + 7.069 = $30.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(404.495 + 380.272 + 303.023 + 215.026 + 199.078) / 5 = $300.3788 Mil.
Total Assets at the begining of last year (Mar24) was $404.5 Mil.
Long-Term Debt & Capital Lease Obligation was $6.2 Mil.
Total Current Assets was $123.1 Mil.
Total Current Liabilities was $57.4 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.

Blink Charging Co's current Net Income (TTM) was -74.2. ==> 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.

Blink Charging Co's current Cash Flow from Operations (TTM) was -17.2. ==> 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 (Mar25)
=-74.241/199.078
=-0.37292418

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-205.153/404.495
=-0.50718303

Blink Charging Co's return on assets of this year was -0.37292418. Blink Charging Co's return on assets of last year was -0.50718303. ==> This year is higher. ==> Score 1.

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.

Blink Charging Co's current Net Income (TTM) was -74.2. Blink Charging Co's current Cash Flow from Operations (TTM) was -17.2. ==> -17.2 > -74.2 ==> 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
=4.59/163.8788
=0.0280085

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6.18/300.3788
=0.02057402

Blink Charging Co's gearing of this year was 0.0280085. Blink Charging Co's gearing of last year was 0.02057402. ==> 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
=76.082/61.872
=1.2296677

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=123.076/57.356
=2.14582607

Blink Charging Co's current ratio of this year was 1.2296677. Blink Charging Co's current ratio of last year was 2.14582607. ==> 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.

Blink Charging Co's number of shares in issue this year was 143.161. Blink Charging Co's number of shares in issue last year was 102.467. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=24.623/103.395
=0.23814498

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=30.83/106.722
=0.28888139

Blink Charging Co's gross margin of this year was 0.23814498. Blink Charging Co's gross margin of last year was 0.28888139. ==> 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)
=103.395/199.078
=0.51936929

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=106.722/404.495
=0.2638401

Blink Charging Co's asset turnover of this year was 0.51936929. Blink Charging Co's asset turnover of last year was 0.2638401. ==> 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+0+1+1+0+0+0+0+1
=3

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

Blink Charging Co 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?
Blink Charging Co (BLNK) has a Piotroski F-Score of 3 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Blink Charging Co and its competitors. This is near median its historical median of 3.00. Over the past decade, Blink Charging Co's Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Blink Charging Co ranks #1420 out of 1735 companies in the Construction industry, placing it in the top 81.8%.
Is Blink Charging Co's Piotroski F-Score too high?
Blink Charging Co'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 1.00 to a high of 5.00. The Construction industry median Piotroski F-Score is 5.00. Blink Charging Co's value of 3 is 40% below this industry median. Based on the distribution chart, Blink Charging Co ranks #1420 out of 1735 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Blink Charging Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blink Charging Co's Piotroski F-Score compare to SHIM and SKBL?
According to the Construction industry distribution chart, Blink Charging Co ranks #1420 out of 1735 companies for Piotroski F-Score. This places Blink Charging Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Blink Charging Co's value of 3 is 40% below this benchmark. Historically, Blink Charging Co's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Blink Charging 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Blink Charging Co'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 Blink Charging Co and its competitors. For the Construction 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. Blink Charging Co'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 Blink Charging Co stock overvalued right now?
Based on GuruFocus' analysis, Blink Charging Co (BLNK) is currently considered Possible Value Trap. The stock's GF Value™ is $0.90, compared to a current price of $0.61 — trading 32.2% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Construction industry median of 5.00. Blink Charging Co's overall GF Score™ is 54/100 with 5 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 Blink Charging Co (BLNK), the current Piotroski F-Score is 3 as of Jun. 26, 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 Blink Charging Co (BLNK) Overvalued in 2026?

Based on GuruFocus' analysis, Blink Charging Co stock appears to be undervalued. The current stock price of $0.61 is trading 32.2% below its estimated GF Value™ of $0.90. GuruFocus considers Blink Charging Co to be Possible Value Trap.

Key valuation signals for BLNK:

  • Piotroski F-Score: 3 (near median its 10-year median of 3.00)
  • GF Value™: $0.90 vs. price of $0.61 (32.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 40% below the Construction median (#1420 of 1735)

No single metric tells the full story. See the BLNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blink Charging Co Business Description

Other Exchanges BLNK:Mexico
Address 17301 Melf Boulevard, Bowie, MD, USA, 20715
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. The Blink's principal line of products and services is its Blink EV charging networks, Blink EV charging equipment, and other EV-related services. The Blink Network is a proprietary, cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated charging data, back-end operations, and payment processing. The Blink Network provides fleets, property owners, managers, parking companies, and state and municipal entities, among other types of commercial customers, with cloud-based services.
54GF Score

Get the complete analysis for BLNK

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

$0.61
Price
$0.90
GF Value