XPLR Infrastructure LP (FRA:1N6) Piotroski F-Score: 6 (As of Jul. 30, 2026) — 20% Above Median

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FRA:1N6 XPLR Infrastructure LP FRA:1N6
69 GF Score
Price €9.94
GF Value €11.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is XPLR Infrastructure LP Piotroski F-Score?

XPLR Infrastructure LP FRA:1N6 -8.79% 69 Piotroski F-Score is 6 as of Jul. 30, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FRA:1N6 with a GF Score™ of 69/100 and a GF Value™ of €11.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, XPLR Infrastructure LP ranks worse than 59.86% 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

XPLR Infrastructure LP 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 XPLR Infrastructure LP's Piotroski F-Score or its related term are showing as below:

FRA:1N6' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of XPLR Infrastructure LP was 8. The lowest was 3. And the median was 5.

XPLR Infrastructure LP  (FRA:1N6) 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.


XPLR Infrastructure LP Piotroski F-Score Related Terms


XPLR Infrastructure LP Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for XPLR Infrastructure LP'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.

XPLR Infrastructure LP Piotroski F-Score Chart

XPLR Infrastructure LP 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 4.00 6.00 5.00 5.00 4.00

XPLR Infrastructure LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.00 4.00 4.00 4.00 6.00

FRA:1N6 vs FLNC, NRGV, ELLO: Piotroski F-Score Comparison

For the Utilities - Renewable subindustry, XPLR Infrastructure LP'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.


XPLR Infrastructure LP Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, XPLR Infrastructure LP's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where XPLR Infrastructure LP's Piotroski F-Score falls into.


FRA:1N6
69GF Score
XPLR Infrastructure LP FRA:1N6
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -31.524 + 23.912 + 28.545 + 32.984 = €54 Mil.
Cash Flow from Operations was 196.812 + 158.844 + -4.325 + 202.244 = €554 Mil.
Revenue was 268.38 + 212.646 + 237.875 + 315.084 = €1,034 Mil.
Gross Profit was 139.728 + 96.502 + 121.965 + 190.092 = €548 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(17770.032 + 16294.5 + 16734.13 + 16878.745 + 16482.452) / 5 = €16831.9718 Mil.
Total Assets at the begining of this year (Jun25) was €17,770 Mil.
Long-Term Debt & Capital Lease Obligation was €5,130 Mil.
Total Current Assets was €922 Mil.
Total Current Liabilities was €725 Mil.
Net Income was -36.04 + -108.87 + -90.65 + 68.493 = €-167 Mil.

Revenue was 287.419 + 280.77 + 260.85 + 296.514 = €1,126 Mil.
Gross Profit was 172.091 + 170.945 + 159.1 + 208.08 = €710 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(20163.016 + 18834.504 + 19378.86 + 19796.85 + 17770.032) / 5 = €19188.6524 Mil.
Total Assets at the begining of last year (Jun24) was €20,163 Mil.
Long-Term Debt & Capital Lease Obligation was €4,862 Mil.
Total Current Assets was €1,262 Mil.
Total Current Liabilities was €1,643 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.

XPLR Infrastructure LP's current Net Income (TTM) was 54. ==> 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.

XPLR Infrastructure LP's current Cash Flow from Operations (TTM) was 554. ==> 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 (Jun25)
=53.917/17770.032
=0.00303415

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-167.067/20163.016
=-0.00828581

XPLR Infrastructure LP's return on assets of this year was 0.00303415. XPLR Infrastructure LP's return on assets of last year was -0.00828581. ==> 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.

XPLR Infrastructure LP's current Net Income (TTM) was 54. XPLR Infrastructure LP's current Cash Flow from Operations (TTM) was 554. ==> 554 > 54 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=5129.88/16831.9718
=0.30477

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=4862.136/19188.6524
=0.25338601

XPLR Infrastructure LP's gearing of this year was 0.30477. XPLR Infrastructure LP's gearing of last year was 0.25338601. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=921.816/724.78
=1.27185629

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1262.352/1642.965
=0.76833773

XPLR Infrastructure LP's current ratio of this year was 1.27185629. XPLR Infrastructure LP's current ratio of last year was 0.76833773. ==> 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.

XPLR Infrastructure LP's number of shares in issue this year was 94.3. XPLR Infrastructure LP's number of shares in issue last year was 94. ==> 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
=548.287/1033.985
=0.53026591

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=710.216/1125.553
=0.63099294

XPLR Infrastructure LP's gross margin of this year was 0.53026591. XPLR Infrastructure LP's gross margin of last year was 0.63099294. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=1033.985/17770.032
=0.05818701

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1125.553/20163.016
=0.05582265

XPLR Infrastructure LP's asset turnover of this year was 0.05818701. XPLR Infrastructure LP's asset turnover of last year was 0.05582265. ==> 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+0+1+0+0+1
=6

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

XPLR Infrastructure LP 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?
XPLR Infrastructure LP (FRA:1N6) has a Piotroski F-Score of 6 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on XPLR Infrastructure LP and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, XPLR Infrastructure LP's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, XPLR Infrastructure LP ranks #252 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.9%.
Is XPLR Infrastructure LP's Piotroski F-Score too high?
XPLR Infrastructure LP'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 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. XPLR Infrastructure LP's value of 6 is 20% above this industry median. Based on the distribution chart, XPLR Infrastructure LP ranks #252 out of 421 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, XPLR Infrastructure LP has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XPLR Infrastructure LP's Piotroski F-Score compare to FLNC and NRGV?
According to the Utilities - Independent Power Producers industry distribution chart, XPLR Infrastructure LP ranks #252 out of 421 companies for Piotroski F-Score. This places XPLR Infrastructure LP in the lower half of its industry. The industry median Piotroski F-Score is 5.00. XPLR Infrastructure LP's value of 6 is 20% above this benchmark. Historically, XPLR Infrastructure LP's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, XPLR Infrastructure LP 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 Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 421 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. XPLR Infrastructure LP'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 XPLR Infrastructure LP and its competitors. For the Utilities - Independent Power Producers 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. XPLR Infrastructure LP'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 XPLR Infrastructure LP stock overvalued right now?
Based on GuruFocus' analysis, XPLR Infrastructure LP (FRA:1N6) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.61, compared to a current price of €9.94 — trading 14.4% 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 Utilities - Independent Power Producers industry median of 5.00. XPLR Infrastructure LP's overall GF Score™ is 69/100 with 3 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 XPLR Infrastructure LP (FRA:1N6), the current Piotroski F-Score is 6 as of Jul. 30, 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 XPLR Infrastructure LP (FRA:1N6) Overvalued in 2026?

Based on GuruFocus' analysis, XPLR Infrastructure LP stock appears to be undervalued. The current stock price of €9.94 is trading 14.4% below its estimated GF Value™ of €11.61. GuruFocus considers XPLR Infrastructure LP to be Modestly Undervalued.

Key valuation signals for FRA:1N6:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €11.61 vs. price of €9.94 (14.4% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 20% above the Utilities - Independent Power Producers median (#252 of 421)

No single metric tells the full story. See the FRA:1N6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPLR Infrastructure LP Business Description

Other Exchanges XIFR:USA
Address 700 Universe Boulevard, Juno Beach, FL, USA, 33408
XPLR Infrastructure LP is formed to acquire, manage, and own contracted clean energy projects. It owns interests in wind and solar projects in North America, and natural gas infrastructure assets in Texas. The Renewable energy assets of the company consist of wind, solar, and solar-plus-storage projects and a stand-alone battery storage project, as well as contracted natural gas pipeline assets.
69GF Score

Get the complete analysis for FRA:1N6

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

€9.94
Price
€11.61
GF Value