CareRx (FRA:29C1) Piotroski F-Score: 7 (As of Aug. 09, 2026) — 40% Above Median

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FRA:29C1 CareRx Corp FRA:29C1
66 GF Score
Price €2.04
GF Value €1.37
! 3 Warning Signs
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What is CareRx Piotroski F-Score?

CareRx FRA:29C1 66 Piotroski F-Score is 7 as of Aug. 09, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates FRA:29C1 with a GF Score™ of 66/100 and a GF Value™ of €1.37. The stock has 3 warning signs investors should review. Among 643 Healthcare Providers & Services companies, CareRx ranks better than 88.96% 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

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

FRA:29C1' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of CareRx was 8. The lowest was 2. And the median was 5.

CareRx  (FRA:29C1) 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.


CareRx Piotroski F-Score Related Terms


CareRx Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CareRx'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.

CareRx Piotroski F-Score Chart

CareRx 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 6.00 5.00 5.00 5.00 8.00

CareRx 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 6.00 7.00 8.00 8.00 7.00

FRA:29C1 vs HCA, THC, DVA: Piotroski F-Score Comparison

For the Medical Care Facilities subindustry, CareRx'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.


CareRx Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareRx's Piotroski F-Score distribution charts can be found below:

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


FRA:29C1
66GF Score
CareRx Corp FRA:29C1
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 0.955 + 14.727 + 0.737 + 0.225 = €16.6 Mil.
Cash Flow from Operations was 6.206 + 5.939 + 4.367 + 2.283 = €18.8 Mil.
Revenue was 57.412 + 59.48 + 59.215 + 57.873 = €234.0 Mil.
Gross Profit was 17.334 + 18.016 + 17.886 + 17.025 = €70.3 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(138.48 + 137.754 + 150.4 + 156.869 + 150.396) / 5 = €146.7798 Mil.
Total Assets at the begining of this year (Jun25) was €138.5 Mil.
Long-Term Debt & Capital Lease Obligation was €42.3 Mil.
Total Current Assets was €40.9 Mil.
Total Current Liabilities was €38.0 Mil.
Net Income was -0.239 + -1.505 + 0.146 + 0.356 = €-1.2 Mil.

Revenue was 61.749 + 61.79 + 57.7 + 57.971 = €239.2 Mil.
Gross Profit was 17.98 + 18.327 + 17.135 + 17.204 = €70.6 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(148.168 + 146.01 + 149.841 + 144.016 + 138.48) / 5 = €145.303 Mil.
Total Assets at the begining of last year (Jun24) was €148.2 Mil.
Long-Term Debt & Capital Lease Obligation was €46.8 Mil.
Total Current Assets was €38.8 Mil.
Total Current Liabilities was €35.9 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.

CareRx's current Net Income (TTM) was 16.6. ==> 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.

CareRx's current Cash Flow from Operations (TTM) was 18.8. ==> 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)
=16.644/138.48
=0.12019064

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-1.242/148.168
=-0.00838238

CareRx's return on assets of this year was 0.12019064. CareRx's return on assets of last year was -0.00838238. ==> 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.

CareRx's current Net Income (TTM) was 16.6. CareRx's current Cash Flow from Operations (TTM) was 18.8. ==> 18.8 > 16.6 ==> 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
=42.292/146.7798
=0.28813229

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=46.815/145.303
=0.32218881

CareRx's gearing of this year was 0.28813229. CareRx's gearing of last year was 0.32218881. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=40.929/38.025
=1.07637081

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=38.814/35.88
=1.08177258

CareRx's current ratio of this year was 1.07637081. CareRx's current ratio of last year was 1.08177258. ==> 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.

CareRx's number of shares in issue this year was 65.128. CareRx's number of shares in issue last year was 64.974. ==> 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
=70.261/233.98
=0.30028635

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=70.646/239.21
=0.29533046

CareRx's gross margin of this year was 0.30028635. CareRx's gross margin of last year was 0.29533046. ==> 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 (Jun25)
=233.98/138.48
=1.68963027

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=239.21/148.168
=1.61445116

CareRx's asset turnover of this year was 1.68963027. CareRx's asset turnover of last year was 1.61445116. ==> 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+0+0+1+1
=7

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

CareRx 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?
CareRx (FRA:29C1) has a Piotroski F-Score of 7 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CareRx and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, CareRx's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, CareRx ranks #71 out of 643 companies in the Healthcare Providers & Services industry, placing it in the top 11%.
Is CareRx's Piotroski F-Score too high?
CareRx's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. CareRx's value of 7 is 40% above this industry median. Based on the distribution chart, CareRx ranks #71 out of 643 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, CareRx has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does CareRx's Piotroski F-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CareRx ranks #71 out of 643 companies for Piotroski F-Score. This places CareRx in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CareRx's value of 7 is 40% above this benchmark. Historically, CareRx's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, CareRx 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 Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 643 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. CareRx'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 CareRx and its competitors. For the Healthcare Providers & Services 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. CareRx's current Piotroski F-Score is 7, which is 40% 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 CareRx stock overvalued right now?
CareRx (FRA:29C1) has a current Piotroski F-Score of 7. The stock's GF Value™ is €1.37, compared to a current price of €2.04 — trading 48.9% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Healthcare Providers & Services industry median of 5.00. CareRx's overall GF Score™ is 66/100 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 CareRx (FRA:29C1), the current Piotroski F-Score is 7 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 CareRx (FRA:29C1) Overvalued in 2026?

Based on GuruFocus' analysis, CareRx stock appears to be overvalued. The current stock price of €2.04 is trading 48.9% above its estimated GF Value™ of €1.37.

Key valuation signals for FRA:29C1:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €1.37 vs. price of €2.04 (48.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 40% above the Healthcare Providers & Services median (#71 of 643)

No single metric tells the full story. See the FRA:29C1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CareRx Business Description

Other Exchanges CHHHF:USACRRX:Canada
Address 320 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 4A6
CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education and medication system quality and efficiency. The Company has one reportable segment which consists of the Company-owned and operated institutional pharmacy business. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.
66GF Score

Get the complete analysis for FRA:29C1

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

€2.04
Price
€1.37
GF Value