One United Properties (BSE:ONE) Piotroski F-Score: 4 (As of Jun. 27, 2026) — Near Median


BSE:ONE One United Properties SA BSE:ONE
90 GF Score
Price lei31.85
GF Value lei25.06
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is One United Properties Piotroski F-Score?

One United Properties BSE:ONE +0.31% 90 Piotroski F-Score is 4 as of Jun. 27, 2026, which is at its 10-year median of 4.00. GuruFocus rates BSE:ONE with a GF Score™ of 90/100 and a GF Value™ of lei25.06 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,756 Real Estate companies, One United Properties ranks worse than 61.96% 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

One United Properties 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 One United Properties's Piotroski F-Score or its related term are showing as below:

BSE:ONE' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 10 years, the highest Piotroski F-Score of One United Properties was 6. The lowest was 1. And the median was 4.

One United Properties  (BSE:ONE) 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.


One United Properties Piotroski F-Score Related Terms


One United Properties Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for One United Properties'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.

One United Properties Piotroski F-Score Chart

One United Properties 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 6.00 3.00 1.00 4.00 5.00

One United Properties 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 4.00 5.00 6.00 5.00 4.00

One United Properties Piotroski F-Score Competitor Comparison

For the Real Estate - Development subindustry, One United Properties'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.


One United Properties Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, One United Properties's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where One United Properties's Piotroski F-Score falls into.


BSE:ONE
90GF Score
One United Properties SA BSE:ONE
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 151.421 + 101.583 + 50.489 + 17.132 = lei321 Mil.
Cash Flow from Operations was 82.798 + -35.918 + 21.237 + -139.811 = lei-72 Mil.
Revenue was 364.451 + 373.572 + 157.534 + 175.95 = lei1,072 Mil.
Gross Profit was 147.181 + 153.998 + 32.818 + 67.833 = lei402 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5670.993 + 5872.506 + 6116.268 + 6610.718 + 6526.363) / 5 = lei6159.3696 Mil.
Total Assets at the begining of this year (Mar25) was lei5,671 Mil.
Long-Term Debt & Capital Lease Obligation was lei1,359 Mil.
Total Current Assets was lei3,120 Mil.
Total Current Liabilities was lei932 Mil.
Net Income was 73.166 + 67.094 + 38.225 + 91.132 = lei270 Mil.

Revenue was 254.199 + 331.096 + 376.922 + 358.05 = lei1,320 Mil.
Gross Profit was 93.585 + 114.93 + 81.666 + 136.824 = lei427 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(5115.664 + 5213.358 + 5616.549 + 5532.535 + 5670.993) / 5 = lei5429.8198 Mil.
Total Assets at the begining of last year (Mar24) was lei5,116 Mil.
Long-Term Debt & Capital Lease Obligation was lei980 Mil.
Total Current Assets was lei2,705 Mil.
Total Current Liabilities was lei724 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.

One United Properties's current Net Income (TTM) was 321. ==> 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.

Score 1 if positive, 0 if negative.

One United Properties's current Cash Flow from Operations (TTM) was -72. ==> 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)
=320.625/5670.993
=0.05653772

ROA (Last Year)=Net Income/Total Assets (Mar24)
=269.617/5115.664
=0.0527042

One United Properties's return on assets of this year was 0.05653772. One United Properties's return on assets of last year was 0.0527042. ==> 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.

One United Properties's current Net Income (TTM) was 321. One United Properties's current Cash Flow from Operations (TTM) was -72. ==> -72 <= 321 ==> CFROA <= ROA ==> Score 0.

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
=1358.626/6159.3696
=0.22057874

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=980.47/5429.8198
=0.18057137

One United Properties's gearing of this year was 0.22057874. One United Properties's gearing of last year was 0.18057137. ==> 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
=3119.954/932.224
=3.34678575

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2705.326/723.526
=3.73908609

One United Properties's current ratio of this year was 3.34678575. One United Properties's current ratio of last year was 3.73908609. ==> 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.

One United Properties's number of shares in issue this year was 110.555. One United Properties's number of shares in issue last year was 126.942. ==> 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
=401.83/1071.507
=0.37501388

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=427.005/1320.267
=0.32342322

One United Properties's gross margin of this year was 0.37501388. One United Properties's gross margin of last year was 0.32342322. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1071.507/5670.993
=0.18894522

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1320.267/5115.664
=0.25808321

One United Properties's asset turnover of this year was 0.18894522. One United Properties's asset turnover of last year was 0.25808321. ==> 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
=1+0+1+0+0+0+1+1+0
=4

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

One United Properties 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?
One United Properties (BSE:ONE) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on One United Properties and its competitors. This is near median its historical median of 4.00. Over the past decade, One United Properties' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, One United Properties ranks #1088 out of 1756 companies in the Real Estate industry, placing it in the top 62%.
Is One United Properties' Piotroski F-Score too high?
One United Properties' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. One United Properties' value of 4 is 20% below this industry median. Based on the distribution chart, One United Properties ranks #1088 out of 1756 companies in the Real Estate industry, which is below the industry midpoint. Overall, One United Properties has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does One United Properties' Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, One United Properties ranks #1088 out of 1756 companies for Piotroski F-Score. This places One United Properties in the lower half of its industry. The industry median Piotroski F-Score is 5.00. One United Properties' value of 4 is 20% below this benchmark. Historically, One United Properties' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, One United Properties 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. One United Properties's current Piotroski F-Score of 4 is 20% 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 One United Properties and its competitors. For the Real Estate 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. One United Properties's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One United Properties stock overvalued right now?
Based on GuruFocus' analysis, One United Properties (BSE:ONE) is currently considered Modestly Overvalued. The stock's GF Value™ is lei25.06, compared to a current price of lei31.85 — trading 27.1% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Real Estate industry median of 5.00. One United Properties' overall GF Score™ is 90/100 with 8 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 One United Properties (BSE:ONE), the current Piotroski F-Score is 4 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 One United Properties (BSE:ONE) Overvalued in 2026?

Based on GuruFocus' analysis, One United Properties stock appears to be overvalued. The current stock price of lei31.85 is trading 27.1% above its estimated GF Value™ of lei25.06. GuruFocus considers One United Properties to be Modestly Overvalued.

Key valuation signals for BSE:ONE:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: lei25.06 vs. price of lei31.85 (27.1% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 20% below the Real Estate median (#1088 of 1756)

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


One United Properties Business Description

Address 20 Maxim Gorki Street, District 1, Bucharest, ROU
One United Properties SA is the green investor and developer of residential, mixed-use, commercial, and office real estate in Bucharest, Romania. It has several high-end residential projects completed, under construction, and in the medium-term pipeline in Bucharest, such as ONE COTROCENI PARK, ONE VERDI PARK, ONE MIRCEA ELIADE, ONE HERASTRAU TOWERS, among others. The company's reporting segments are residential, office and landbank, and corporate. The company generates key revenue from the Residential segment.
90GF Score

Get the complete analysis for BSE:ONE

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

lei31.85
Price
lei25.06
GF Value