Centiel AG (FRA:1Z3) Piotroski F-Score: 7 (As of Jul. 16, 2026) — Near Median

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FRA:1Z3 Centiel AG FRA:1Z3
30 GF Score
Price €6.05
! 1 Warning Sign
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What is Centiel AG Piotroski F-Score?

Centiel AG FRA:1Z3 +0.83% 30 Piotroski F-Score is 7 as of Jul. 16, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:1Z3 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,970 Industrial Products companies, Centiel AG ranks better than 90.71% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Centiel AG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Centiel AG's Piotroski F-Score or its related term are showing as below:

FRA:1Z3' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 7   Max: 7
Current: 7

During the past 3 years, the highest Piotroski F-Score of Centiel AG was 7. The lowest was 7. And the median was 7.

Centiel AG  (FRA:1Z3) 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.


Centiel AG Piotroski F-Score Related Terms


Centiel AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Centiel AG'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.

Centiel AG Piotroski F-Score Chart

Centiel AG Annual Data
Trend Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00

Centiel AG Semi-Annual Data
Dec23 Dec24 Dec25
Piotroski F-Score N/A N/A 7.00

FRA:1Z3 vs VRT, BE, HUBB: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Centiel AG'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.


Centiel AG Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Centiel AG's Piotroski F-Score distribution charts can be found below:

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


FRA:1Z3
30GF Score
Centiel AG FRA:1Z3
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €8.39 Mil.
Cash Flow from Operations was €6.94 Mil.
Revenue was €48.99 Mil.
Gross Profit was €24.20 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (25.326 + 33.712) / 2 = €29.519 Mil.
Total Assets at the begining of this year (Dec24) was €25.33 Mil.
Long-Term Debt & Capital Lease Obligation was €0.41 Mil.
Total Current Assets was €32.29 Mil.
Total Current Liabilities was €13.42 Mil.
Net Income was €6.01 Mil.

Revenue was €38.98 Mil.
Gross Profit was €17.84 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (18.739 + 25.326) / 2 = €22.0325 Mil.
Total Assets at the begining of last year (Dec23) was €18.74 Mil.
Long-Term Debt & Capital Lease Obligation was €2.32 Mil.
Total Current Assets was €24.39 Mil.
Total Current Liabilities was €11.35 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.

Centiel AG's current Net Income (TTM) was 8.39. ==> 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.

Centiel AG's current Cash Flow from Operations (TTM) was 6.94. ==> 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 (Dec24)
=8.385/25.326
=0.33108268

ROA (Last Year)=Net Income/Total Assets (Dec23)
=6.008/18.739
=0.32061476

Centiel AG's return on assets of this year was 0.33108268. Centiel AG's return on assets of last year was 0.32061476. ==> 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.

Centiel AG's current Net Income (TTM) was 8.39. Centiel AG's current Cash Flow from Operations (TTM) was 6.94. ==> 6.94 <= 8.39 ==> CFROA <= ROA ==> Score 0.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.413/29.519
=0.01399099

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2.322/22.0325
=0.10538977

Centiel AG's gearing of this year was 0.01399099. Centiel AG's gearing of last year was 0.10538977. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=32.288/13.418
=2.40631987

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=24.388/11.345
=2.14966946

Centiel AG's current ratio of this year was 2.40631987. Centiel AG's current ratio of last year was 2.14966946. ==> 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.

Centiel AG's number of shares in issue this year was 81.601. Centiel AG's number of shares in issue last year was 81.601. ==> 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
=24.201/48.985
=0.4940492

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=17.838/38.983
=0.45758408

Centiel AG's gross margin of this year was 0.4940492. Centiel AG's gross margin of last year was 0.45758408. ==> 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 (Dec24)
=48.985/25.326
=1.93417831

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=38.983/18.739
=2.08031378

Centiel AG's asset turnover of this year was 1.93417831. Centiel AG's asset turnover of last year was 2.08031378. ==> 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+1+0+1+1+1+1+0
=7

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

Centiel AG has an F-score of 7. 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 7 mean?
Centiel AG (FRA:1Z3) has a Piotroski F-Score of 7 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Centiel AG and its competitors. This is near median its historical median of 7.00. Over the past decade, Centiel AG's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, Centiel AG ranks #276 out of 2970 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Centiel AG's Piotroski F-Score too high?
Centiel AG's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Centiel AG's value of 7 is 40% above this industry median. Based on the distribution chart, Centiel AG ranks #276 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Centiel AG has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Centiel AG's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Centiel AG ranks #276 out of 2970 companies for Piotroski F-Score. This places Centiel AG in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Centiel AG's value of 7 is 40% above this benchmark. Historically, Centiel AG's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Centiel AG 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,970 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. Centiel AG's current Piotroski F-Score of 7 is 40% 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 Centiel AG and its competitors. For the Industrial Products 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. Centiel AG's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centiel AG stock overvalued right now?
Centiel AG (FRA:1Z3) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Industrial Products industry median of 5.00. Centiel AG's overall GF Score™ is 30/100 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 Centiel AG (FRA:1Z3), the current Piotroski F-Score is 7 as of Jul. 16, 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.

Centiel AG Business Description

Centiel AG is a Swiss-based technology company focused on the design, manufacture, and supply of power protection solutions for critical installations. Its products include uninterruptible power supply (UPS) systems used in applications such as data centers, railways, medical facilities, and industrial infrastructure.
30GF Score

Get the complete analysis for FRA:1Z3

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

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