FastPartner AB (CHIX:FPARAS) Piotroski F-Score: 6 (As of Jun. 26, 2026) — 20% Above Median


CHIX:FPARAS FastPartner AB CHIX:FPARAS
69 GF Score
Price kr36.78
GF Value kr105.07
! 6 Warning Signs
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What is FastPartner AB Piotroski F-Score?

FastPartner AB CHIX:FPARAS 69 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates CHIX:FPARAS with a GF Score™ of 69/100 and a GF Value™ of kr105.07. The stock has 6 warning signs investors should review. Among 1,756 Real Estate companies, FastPartner AB ranks better than 79.95% 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

FastPartner AB 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 FastPartner AB's Piotroski F-Score or its related term are showing as below:

CHIX:FPARAs' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of FastPartner AB was 9. The lowest was 3. And the median was 5.

FastPartner AB  (CHIX:FPARAs) 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.


FastPartner AB Piotroski F-Score Related Terms


FastPartner AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for FastPartner AB'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.

FastPartner AB Piotroski F-Score Chart

FastPartner AB 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 5.00 5.00 6.00 6.00 6.00

FastPartner AB 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 7.00 9.00 8.00 6.00 6.00

FastPartner AB Piotroski F-Score Competitor Comparison

For the Real Estate - Diversified subindustry, FastPartner AB'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.


FastPartner AB Piotroski F-Score vs Real Estate Industry

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

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


CHIX:FPARAS
69GF Score
FastPartner AB CHIX:FPARAS
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 -21.7 + 168.8 + 29.5 + 155.1 = kr332 Mil.
Cash Flow from Operations was 95.4 + 207.4 + 169 + 132.8 = kr605 Mil.
Revenue was 560.7 + 568.6 + 570.5 + 552.3 = kr2,252 Mil.
Gross Profit was 417 + 412.3 + 392.9 + 356 = kr1,578 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(36412.1 + 36269.3 + 36515.1 + 36482.3 + 36854.1) / 5 = kr36506.58 Mil.
Total Assets at the begining of this year (Mar25) was kr36,412 Mil.
Long-Term Debt & Capital Lease Obligation was kr15,345 Mil.
Total Current Assets was kr554 Mil.
Total Current Liabilities was kr3,366 Mil.
Net Income was 169.5 + 116 + 159.2 + 141.6 = kr586 Mil.

Revenue was 574.3 + 574 + 566.2 + 571.5 = kr2,286 Mil.
Gross Profit was 422.8 + 420.2 + 383.9 + 373.5 = kr1,600 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(36251.9 + 36028.6 + 36261 + 36183.8 + 36412.1) / 5 = kr36227.48 Mil.
Total Assets at the begining of last year (Mar24) was kr36,252 Mil.
Long-Term Debt & Capital Lease Obligation was kr13,978 Mil.
Total Current Assets was kr449 Mil.
Total Current Liabilities was kr4,377 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.

FastPartner AB's current Net Income (TTM) was 332. ==> 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.

FastPartner AB's current Cash Flow from Operations (TTM) was 605. ==> Positive ==> Score 1.

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)
=331.7/36412.1
=0.00910961

ROA (Last Year)=Net Income/Total Assets (Mar24)
=586.3/36251.9
=0.01617295

FastPartner AB's return on assets of this year was 0.00910961. FastPartner AB's return on assets of last year was 0.01617295. ==> 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.

FastPartner AB's current Net Income (TTM) was 332. FastPartner AB's current Cash Flow from Operations (TTM) was 605. ==> 605 > 332 ==> 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
=15344.6/36506.58
=0.42032423

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=13977.8/36227.48
=0.38583418

FastPartner AB's gearing of this year was 0.42032423. FastPartner AB's gearing of last year was 0.38583418. ==> 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
=553.8/3365.6
=0.16454718

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=449.4/4377.4
=0.10266368

FastPartner AB's current ratio of this year was 0.16454718. FastPartner AB's current ratio of last year was 0.10266368. ==> 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.

FastPartner AB's number of shares in issue this year was 181.3. FastPartner AB's number of shares in issue last year was 182.567. ==> 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
=1578.2/2252.1
=0.70076817

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1600.4/2286
=0.70008749

FastPartner AB's gross margin of this year was 0.70076817. FastPartner AB's gross margin of last year was 0.70008749. ==> 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)
=2252.1/36412.1
=0.06185032

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2286/36251.9
=0.06305876

FastPartner AB's asset turnover of this year was 0.06185032. FastPartner AB's asset turnover of last year was 0.06305876. ==> 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+1+0+1+0+1+1+1+0
=6

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

FastPartner AB has an F-score of 6 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 6 mean?
FastPartner AB (CHIX:FPARAS) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on FastPartner AB and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, FastPartner AB's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, FastPartner AB ranks #352 out of 1756 companies in the Real Estate industry, placing it in the top 20%.
Is FastPartner AB's Piotroski F-Score too high?
FastPartner AB'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 9.00. The Real Estate industry median Piotroski F-Score is 5.00. FastPartner AB's value of 6 is 20% above this industry median. Based on the distribution chart, FastPartner AB ranks #352 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, FastPartner AB has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does FastPartner AB's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, FastPartner AB ranks #352 out of 1756 companies for Piotroski F-Score. This places FastPartner AB in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. FastPartner AB's value of 6 is 20% above this benchmark. Historically, FastPartner AB'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 5.00 vs. the industry median of 5.00, FastPartner AB has consistently been above 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. FastPartner AB's current Piotroski F-Score of 6 is 20% above 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 FastPartner AB 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. FastPartner AB'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 FastPartner AB stock overvalued right now?
FastPartner AB (CHIX:FPARAS) has a current Piotroski F-Score of 6. The stock's GF Value™ is kr105.07, compared to a current price of kr36.78 — trading 65% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Real Estate industry median of 5.00. FastPartner AB's overall GF Score™ is 69/100 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 FastPartner AB (CHIX:FPARAS), the current Piotroski F-Score is 6 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 FastPartner AB (CHIX:FPARAS) Overvalued in 2026?

Based on GuruFocus' analysis, FastPartner AB stock appears to be undervalued. The current stock price of kr36.78 is trading 65% below its estimated GF Value™ of kr105.07.

Key valuation signals for CHIX:FPARAS:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: kr105.07 vs. price of kr36.78 (65% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 20% above the Real Estate median (#352 of 1756)

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


FastPartner AB Business Description

Other Exchanges FPAR D:SwedenFPAR A:Sweden
Address Sturegatan 38, Box 55625, Stockholm, SWE, 102 14
FastPartner AB is a real estate company that owns and manages commercial properties mainly in Stockholm, Gothenburg, and Gavle areas in Sweden. It also invests in companies within the information technology and life science sectors. FastPartner's Portfolio assets also include residential properties and hotels. The company offers premises primarily adjusted for offices, warehouses, shops, and production areas.
69GF Score

Get the complete analysis for CHIX:FPARAS

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

kr36.78
Price
kr105.07
GF Value