DFDS ASCHIX:DFDSC 68 Piotroski F-Score is 3 as of Jun. 29, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates CHIX:DFDSC with a GF Score™ of 68/100 and a GF Value™ of kr187.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 973 Transportation companies, DFDS AS ranks worse than 88.69% 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
DFDS AS 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 DFDS AS's Piotroski F-Score or its related term are showing as below:
CHIX:DFDSc'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 3
During the past 13 years, the highest Piotroski F-Score of DFDS AS was 9. The lowest was 3. And the median was 6.
DFDS AS (CHIX:DFDSc) 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.
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.
DFDS AS Piotroski F-Score Related Terms
DFDS AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for DFDS AS'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.
For the Marine Shipping subindustry, DFDS AS'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.
DFDS AS Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, DFDS AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where DFDS AS'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.
DFDS AS's current Net Income (TTM) was -276.
==> 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.
DFDS AS's gearing of this year was 0.38144863. DFDS AS's gearing of last year was 0.44383204.
==> 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
DFDS AS's current ratio of this year was 0.81100174. DFDS AS's current ratio of last year was 0.94644992.
==> 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.
DFDS AS's number of shares in issue this year was 54.103. DFDS AS's number of shares in issue last year was 54.023.
==> 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.
DFDS AS's gross margin of this year was 0.09076133. DFDS AS's gross margin of last year was 0.10386737.
==> 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
DFDS AS's asset turnover of this year was 0.77272042. DFDS AS's asset turnover of last year was 0.81835135.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
DFDS AS has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
DFDS AS (CHIX:DFDSC) has a Piotroski F-Score of 3 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DFDS AS and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, DFDS AS's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, DFDS AS ranks #863 out of 973 companies in the Transportation industry, placing it in the top 88.7%.
Is DFDS AS's Piotroski F-Score too high?
DFDS AS's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. DFDS AS's value of 3 is 50% below this industry median. Based on the distribution chart, DFDS AS ranks #863 out of 973 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, DFDS AS has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DFDS AS's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, DFDS AS ranks #863 out of 973 companies for Piotroski F-Score. This places DFDS AS in the lower half of its industry. The industry median Piotroski F-Score is 6.00. DFDS AS's value of 3 is 50% below this benchmark. Historically, DFDS AS's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, DFDS AS 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 973 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. DFDS AS's current Piotroski F-Score of 3 is 50% 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 DFDS AS and its competitors. For the Transportation 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. DFDS AS's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DFDS AS stock overvalued right now?
Based on GuruFocus' analysis, DFDS AS (CHIX:DFDSC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr187.56, compared to a current price of kr140.20 — trading 25.3% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 50% below the Transportation industry median of 6.00. DFDS AS's overall GF Score™ is 68/100 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 DFDS AS (CHIX:DFDSC), the current Piotroski F-Score is 3 as of Jun. 29, 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 DFDS AS (CHIX:DFDSC) Overvalued in 2026?
Based on GuruFocus' analysis, DFDS AS stock appears to be undervalued.
The current stock price of kr140.20 is trading 25.3% below its estimated GF Value™ of kr187.56.
GuruFocus considers DFDS AS to be Modestly Undervalued.
Key valuation signals for CHIX:DFDSC:
Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
GF Value™: kr187.56 vs. price of kr140.20 (25.3% below fair value)
Industry Position: 50% below the Transportation median (#863 of 973)
No single metric tells the full story. See the CHIX:DFDSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DFDS AS is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe, transporting freight, passengers, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contract logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the majority of its revenue from the ferry division. It has a presence in geographical markets such as the North Sea, the Mediterranean, the Baltic and Channel, Continental, Nordic, and the UK/Ireland.
68GF Score
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