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Aramex PJSCDFM:ARMX -0.59%70 Piotroski F-Score is 5 as of Aug. 09, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates DFM:ARMX with a GF Score™ of 70/100 and a GF Value™ of د.إ2.71 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 980 Transportation companies, Aramex PJSC ranks worse than 52.14% 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
Aramex PJSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Aramex PJSC's Piotroski F-Score or its related term are showing as below:
DFM:ARMX'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Aramex PJSC was 9. The lowest was 4. And the median was 6.
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.
Aramex PJSC Piotroski F-Score Related Terms
Aramex PJSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aramex PJSC'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.
DFM:ARMX vs UPS, FDX, JBHT: Piotroski F-Score Comparison
For the Integrated Freight & Logistics subindustry, Aramex PJSC'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.
Aramex PJSC Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Aramex PJSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aramex PJSC'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 5.212 + 7.516 + 17.004 + 47.387 = د.إ77 Mil. Cash Flow from Operations was 158.057 + 132.598 + 129.752 + 74.675 = د.إ495 Mil. Revenue was 1599.074 + 1700.165 + 1599.837 + 1830.329 = د.إ6,729 Mil. Gross Profit was 370.266 + 385.262 + 342.496 + 391.782 = د.إ1,490 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(5728.747 + 5787.878 + 5896.859 + 5936.312 + 6170.279) / 5 = د.إ5904.015 Mil. Total Assets at the begining of this year (Jun25) was د.إ5,729 Mil. Long-Term Debt & Capital Lease Obligation was د.إ1,733 Mil. Total Current Assets was د.إ2,200 Mil. Total Current Liabilities was د.إ1,548 Mil.
Net Income was 26.685 + 65.668 + 17.123 + -9.269 = د.إ100 Mil.
Revenue was 1592.356 + 1695.133 + 1563.017 + 1497.69 = د.إ6,348 Mil. Gross Profit was 373.061 + 398.61 + 364.675 + 329.265 = د.إ1,466 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(5650.923 + 5703.794 + 5725.621 + 5809.323 + 5728.747) / 5 = د.إ5723.6816 Mil. Total Assets at the begining of last year (Jun24) was د.إ5,651 Mil. Long-Term Debt & Capital Lease Obligation was د.إ1,657 Mil. Total Current Assets was د.إ1,913 Mil. Total Current Liabilities was د.إ1,294 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.
Aramex PJSC's current Net Income (TTM) was 77.
==> 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.
Aramex PJSC's return on assets of this year was 0.01346176. Aramex PJSC's return on assets of last year was 0.01773286.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aramex PJSC's gearing of this year was 0.29346894. Aramex PJSC's gearing of last year was 0.2895182.
==> 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
Aramex PJSC's current ratio of this year was 1.42087959. Aramex PJSC's current ratio of last year was 1.47881362.
==> 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.
Aramex PJSC's number of shares in issue this year was 1464. Aramex PJSC's number of shares in issue last year was 1464.
==> 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.
Aramex PJSC's gross margin of this year was 0.22138748. Aramex PJSC's gross margin of last year was 0.23087047.
==> 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
Aramex PJSC's asset turnover of this year was 1.1746731. Aramex PJSC's asset turnover of last year was 1.12339099.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aramex PJSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Aramex PJSC (DFM:ARMX) has a Piotroski F-Score of 5 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aramex PJSC and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Aramex PJSC's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Aramex PJSC ranks #511 out of 980 companies in the Transportation industry, placing it in the top 52.1%.
Is Aramex PJSC's Piotroski F-Score too high?
Aramex PJSC's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Aramex PJSC's value of 5 is 16.7% below this industry median. Based on the distribution chart, Aramex PJSC ranks #511 out of 980 companies in the Transportation industry, which is below the industry midpoint. Overall, Aramex PJSC has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aramex PJSC's Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Aramex PJSC ranks #511 out of 980 companies for Piotroski F-Score. This places Aramex PJSC in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Aramex PJSC's value of 5 is 16.7% below this benchmark. Historically, Aramex PJSC's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Aramex PJSC 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 980 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. Aramex PJSC's current Piotroski F-Score of 5 is 16.7% 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 Aramex PJSC 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. Aramex PJSC's current Piotroski F-Score is 5, which is 17% 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 Aramex PJSC stock overvalued right now?
Based on GuruFocus' analysis, Aramex PJSC (DFM:ARMX) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.71, compared to a current price of د.إ1.69 — trading 37.6% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Transportation industry median of 6.00. Aramex PJSC's overall GF Score™ is 70/100 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 Aramex PJSC (DFM:ARMX), the current Piotroski F-Score is 5 as of Aug. 09, 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 Aramex PJSC (DFM:ARMX) Overvalued in 2026?
Based on GuruFocus' analysis, Aramex PJSC stock appears to be undervalued.
The current stock price of د.إ1.69 is trading 37.6% below its estimated GF Value™ of د.إ2.71.
GuruFocus considers Aramex PJSC to be Significantly Undervalued.
Key valuation signals for DFM:ARMX:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: د.إ2.71 vs. price of د.إ1.69 (37.6% below fair value)
Industry Position: 16.7% below the Transportation median (#511 of 980)
No single metric tells the full story. See the DFM:ARMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aramex PJSC is a logistics company domiciled in the United Arab Emirates. The company organizes itself into four segments: Courier, Freight Forwarding, Logistics, and Other operations. The Courier segment, which contributes the majority of revenue, delivers small packages across the globe. Freight forwarding is the forward freight through air, land, and ocean transport. The Logistics segment offers warehousing, supply-chain management, and inventory management. The Other operations segment includes catalog shipping services, document storage, airline ticketing and travel, and visa services. The company operates globally, especially in Gulf Cooperation Council (GCC), Middle East, North Africa and Turkey, East and South Africa, Europe, North America, South Asia, North Asia and Oceania.
70GF Score
Get the complete analysis for DFM:ARMX
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