Figeac Aero (FRA:1F1) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 20% Above Median


FRA:1F1 Figeac Aero SA FRA:1F1
68 GF Score
Price €11.64
GF Value €7.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Figeac Aero Piotroski F-Score?

Figeac Aero FRA:1F1 +0.17% 68 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FRA:1F1 with a GF Score™ of 68/100 and a GF Value™ of €7.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 320 Aerospace & Defense companies, Figeac Aero ranks better than 73.75% 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

Figeac Aero 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 Figeac Aero's Piotroski F-Score or its related term are showing as below:

FRA:1F1' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Figeac Aero was 7. The lowest was 1. And the median was 5.

Figeac Aero  (FRA:1F1) 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.


Figeac Aero Piotroski F-Score Related Terms


Figeac Aero Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Figeac Aero'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.

Figeac Aero Piotroski F-Score Chart

Figeac Aero Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 5.00 7.00 6.00

Figeac Aero Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.00 0.00 7.00 0.00 6.00

FRA:1F1 vs GE, RTX, BA: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Figeac Aero'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.


Figeac Aero Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Figeac Aero's Piotroski F-Score distribution charts can be found below:

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


FRA:1F1
68GF Score
Figeac Aero SA FRA:1F1
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 €0.5 Mil.
Cash Flow from Operations was €83.0 Mil.
Revenue was €486.8 Mil.
Gross Profit was €486.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (689.4 + 742.3) / 2 = €715.85 Mil.
Total Assets at the begining of this year (Mar25) was €689.4 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €397.1 Mil.
Total Current Liabilities was €296.9 Mil.
Net Income was €3.6 Mil.

Revenue was €432.3 Mil.
Gross Profit was €169.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (681.541 + 689.4) / 2 = €685.4705 Mil.
Total Assets at the begining of last year (Mar24) was €681.5 Mil.
Long-Term Debt & Capital Lease Obligation was €289.9 Mil.
Total Current Assets was €378.1 Mil.
Total Current Liabilities was €279.3 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.

Figeac Aero's current Net Income (TTM) was 0.5. ==> 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.

Figeac Aero's current Cash Flow from Operations (TTM) was 83.0. ==> 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)
=0.5/689.4
=0.00072527

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3.6/681.541
=0.00528215

Figeac Aero's return on assets of this year was 0.00072527. Figeac Aero's return on assets of last year was 0.00528215. ==> 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.

Figeac Aero's current Net Income (TTM) was 0.5. Figeac Aero's current Cash Flow from Operations (TTM) was 83.0. ==> 83.0 > 0.5 ==> 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
=0/715.85
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=289.857/685.4705
=0.42285846

Figeac Aero's gearing of this year was 0. Figeac Aero's gearing of last year was 0.42285846. ==> 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
=397.1/296.9
=1.33748737

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=378.1/279.3
=1.3537415

Figeac Aero's current ratio of this year was 1.33748737. Figeac Aero's current ratio of last year was 1.3537415. ==> 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.

Figeac Aero's number of shares in issue this year was 44.291. Figeac Aero's number of shares in issue last year was 42.769. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=486.8/486.8
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=169.122/432.3
=0.39121443

Figeac Aero's gross margin of this year was 1. Figeac Aero's gross margin of last year was 0.39121443. ==> 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)
=486.8/689.4
=0.70612126

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=432.3/681.541
=0.63429786

Figeac Aero's asset turnover of this year was 0.70612126. Figeac Aero's asset turnover of last year was 0.63429786. ==> 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+0+1+1+0+0+1+1
=6

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

Figeac Aero 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?
Figeac Aero (FRA:1F1) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Figeac Aero and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Figeac Aero's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Figeac Aero ranks #84 out of 320 companies in the Aerospace & Defense industry, placing it in the top 26.2%.
Is Figeac Aero's Piotroski F-Score too high?
Figeac Aero'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 1.00 to a high of 7.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Figeac Aero's value of 6 is 20% above this industry median. Based on the distribution chart, Figeac Aero ranks #84 out of 320 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Figeac Aero has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Figeac Aero's Piotroski F-Score compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Figeac Aero ranks #84 out of 320 companies for Piotroski F-Score. This puts Figeac Aero in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Figeac Aero's value of 6 is 20% above this benchmark. Historically, Figeac Aero's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Figeac Aero 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 an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 320 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. Figeac Aero'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 Figeac Aero and its competitors. For the Aerospace & Defense 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. Figeac Aero'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 Figeac Aero stock overvalued right now?
Based on GuruFocus' analysis, Figeac Aero (FRA:1F1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.06, compared to a current price of €11.64 — trading 64.9% above 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 Aerospace & Defense industry median of 5.00. Figeac Aero's overall GF Score™ is 68/100 with 4 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 Figeac Aero (FRA:1F1), the current Piotroski F-Score is 6 as of Jun. 28, 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 Figeac Aero (FRA:1F1) Overvalued in 2026?

Based on GuruFocus' analysis, Figeac Aero stock appears to be overvalued. The current stock price of €11.64 is trading 64.9% above its estimated GF Value™ of €7.06. GuruFocus considers Figeac Aero to be Significantly Overvalued.

Key valuation signals for FRA:1F1:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €7.06 vs. price of €11.64 (64.9% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 20% above the Aerospace & Defense median (#84 of 320)

No single metric tells the full story. See the FRA:1F1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Figeac Aero Business Description

Address Industrial Zone Aiguille, Figeac, FRA, 46100
Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.
68GF Score

Get the complete analysis for FRA:1F1

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

€11.64
Price
€7.06
GF Value