FDVWF (Friedrich Vorwerk Group SE) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


FDVWF Friedrich Vorwerk Group SE FDVWF
68 GF Score
Price $97.25
GF Value $53.17
! 1 Warning Sign
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What is Friedrich Vorwerk Group SE Piotroski F-Score?

Friedrich Vorwerk Group SE FDVWF +12.62% 68 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FDVWF with a GF Score™ of 68/100 and a GF Value™ of $53.17. The stock has 1 warning sign investors should review. Among 1,735 Construction companies, Friedrich Vorwerk Group SE ranks better than 98.39% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Friedrich Vorwerk Group SE has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Friedrich Vorwerk Group SE's Piotroski F-Score or its related term are showing as below:

FDVWF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 8

During the past 7 years, the highest Piotroski F-Score of Friedrich Vorwerk Group SE was 9. The lowest was 2. And the median was 6.

Friedrich Vorwerk Group SE  (OTCPK:FDVWF) 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.


Friedrich Vorwerk Group SE Piotroski F-Score Related Terms


Friedrich Vorwerk Group SE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Friedrich Vorwerk Group SE'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.

Friedrich Vorwerk Group SE Piotroski F-Score Chart

Friedrich Vorwerk Group SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 6.00 2.00 5.00 7.00 9.00

Friedrich Vorwerk Group SE 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 8.00 8.00 8.00 9.00 8.00

FDVWF vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Friedrich Vorwerk Group SE'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.


Friedrich Vorwerk Group SE Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Friedrich Vorwerk Group SE's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Friedrich Vorwerk Group SE's Piotroski F-Score falls into.


FDVWF
68GF Score
Friedrich Vorwerk Group SE FDVWF
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 22.715 + 34.081 + 34.21 + 18.65 = $109.7 Mil.
Cash Flow from Operations was 21.991 + 44.239 + 199.501 + -15.766 = $250.0 Mil.
Revenue was 196.13 + 237.059 + 233.335 + 160.887 = $827.4 Mil.
Gross Profit was 108.367 + 131.609 + 127.156 + 101.194 = $468.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(435.921 + 481.006 + 547.236 + 674.4 + 666.385) / 5 = $560.9896 Mil.
Total Assets at the begining of this year (Mar25) was $435.9 Mil.
Long-Term Debt & Capital Lease Obligation was $13.4 Mil.
Total Current Assets was $415.6 Mil.
Total Current Liabilities was $208.2 Mil.
Net Income was 8.565 + 14.139 + 14.154 + 9.249 = $46.1 Mil.

Revenue was 126.386 + 160.908 + 166.755 + 143.827 = $597.9 Mil.
Gross Profit was 64.955 + 81.196 + 89.692 + 73.956 = $309.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(335.213 + 341.196 + 412.976 + 458.178 + 435.921) / 5 = $396.6968 Mil.
Total Assets at the begining of last year (Mar24) was $335.2 Mil.
Long-Term Debt & Capital Lease Obligation was $15.9 Mil.
Total Current Assets was $265.0 Mil.
Total Current Liabilities was $136.9 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.

Friedrich Vorwerk Group SE's current Net Income (TTM) was 109.7. ==> 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.

Friedrich Vorwerk Group SE's current Cash Flow from Operations (TTM) was 250.0. ==> 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)
=109.656/435.921
=0.25155017

ROA (Last Year)=Net Income/Total Assets (Mar24)
=46.107/335.213
=0.13754538

Friedrich Vorwerk Group SE's return on assets of this year was 0.25155017. Friedrich Vorwerk Group SE's return on assets of last year was 0.13754538. ==> 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.

Friedrich Vorwerk Group SE's current Net Income (TTM) was 109.7. Friedrich Vorwerk Group SE's current Cash Flow from Operations (TTM) was 250.0. ==> 250.0 > 109.7 ==> 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
=13.37/560.9896
=0.02383288

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=15.88/396.6968
=0.04003057

Friedrich Vorwerk Group SE's gearing of this year was 0.02383288. Friedrich Vorwerk Group SE's gearing of last year was 0.04003057. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=415.62/208.187
=1.99637826

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=265.027/136.922
=1.93560567

Friedrich Vorwerk Group SE's current ratio of this year was 1.99637826. Friedrich Vorwerk Group SE's current ratio of last year was 1.93560567. ==> 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.

Friedrich Vorwerk Group SE's number of shares in issue this year was 20. Friedrich Vorwerk Group SE's number of shares in issue last year was 20. ==> 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
=468.326/827.411
=0.56601375

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=309.799/597.876
=0.51816597

Friedrich Vorwerk Group SE's gross margin of this year was 0.56601375. Friedrich Vorwerk Group SE's gross margin of last year was 0.51816597. ==> 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)
=827.411/435.921
=1.89807557

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=597.876/335.213
=1.78357045

Friedrich Vorwerk Group SE's asset turnover of this year was 1.89807557. Friedrich Vorwerk Group SE's asset turnover of last year was 1.78357045. ==> 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
=1+1+1+1+1+1+1+1+1
=9

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

Friedrich Vorwerk Group SE has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Friedrich Vorwerk Group SE (FDVWF) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Friedrich Vorwerk Group SE and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Friedrich Vorwerk Group SE's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Friedrich Vorwerk Group SE ranks #28 out of 1735 companies in the Construction industry, placing it in the top 1.6%.
Is Friedrich Vorwerk Group SE's Piotroski F-Score too high?
Friedrich Vorwerk Group SE's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Friedrich Vorwerk Group SE's value of 8 is 60% above this industry median. Based on the distribution chart, Friedrich Vorwerk Group SE ranks #28 out of 1735 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Friedrich Vorwerk Group SE has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Friedrich Vorwerk Group SE's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Friedrich Vorwerk Group SE ranks #28 out of 1735 companies for Piotroski F-Score. This places Friedrich Vorwerk Group SE in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Friedrich Vorwerk Group SE's value of 8 is 60% above this benchmark. Historically, Friedrich Vorwerk Group SE's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Friedrich Vorwerk Group SE 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 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. Friedrich Vorwerk Group SE's current Piotroski F-Score of 8 is 60% 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 Friedrich Vorwerk Group SE 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. Friedrich Vorwerk Group SE's current Piotroski F-Score is 8, which is 33% above 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 Friedrich Vorwerk Group SE stock overvalued right now?
Friedrich Vorwerk Group SE (FDVWF) has a current Piotroski F-Score of 8. The stock's GF Value™ is $53.17, compared to a current price of $97.25 — trading 82.9% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Construction industry median of 5.00. Friedrich Vorwerk Group SE's overall GF Score™ is 68/100 with 1 warning sign 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 Friedrich Vorwerk Group SE (FDVWF), the current Piotroski F-Score is 8 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 Friedrich Vorwerk Group SE (FDVWF) Overvalued in 2026?

Based on GuruFocus' analysis, Friedrich Vorwerk Group SE stock appears to be overvalued. The current stock price of $97.25 is trading 82.9% above its estimated GF Value™ of $53.17.

Key valuation signals for FDVWF:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: $53.17 vs. price of $97.25 (82.9% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 60% above the Construction median (#28 of 1735)

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


Friedrich Vorwerk Group SE Business Description

Address Harburger Strabe19, Tostedt, DEU, 21255
Friedrich Vorwerk Group SE is a driver of the European energy transition. It has four segments Natural Gas segment, which is the key revenue driver, comprises the transport and conversion of raw natural gas into treated natural gas, the electricity segment provides infrastructure for the underground transport and conversion of electricity, which is generated from non-fossil energy sources such as wind, solar, hydro, and regenerative resources, Clean Hydrogen segment comprises the conversion of energy from energy sources into clean hydrogen and its transportation to consumers, Adjacent Opportunities segment concentrates on the related turnkey technologies, and the majority of its revenue comes from Adjacent Opportunities.
68GF Score

Get the complete analysis for FDVWF

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

$97.25
Price
$53.17
GF Value