GreenMobility AS (FRA:2G9) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 40% Above Median


FRA:2G9 GreenMobility AS FRA:2G9
53 GF Score
Price €10.35
GF Value €7.16
Valuation Significantly Overvalued
! 1 Warning Sign
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What is GreenMobility AS Piotroski F-Score?

GreenMobility AS FRA:2G9 53 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates FRA:2G9 with a GF Score™ of 53/100 and a GF Value™ of €7.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,063 Business Services companies, GreenMobility AS ranks better than 88.99% 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

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

FRA:2G9' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 12 years, the highest Piotroski F-Score of GreenMobility AS was 7. The lowest was 3. And the median was 5.

GreenMobility AS  (FRA:2G9) 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.


GreenMobility AS Piotroski F-Score Related Terms


GreenMobility AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for GreenMobility AS'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.

GreenMobility AS Piotroski F-Score Chart

GreenMobility AS 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 3.00 4.00 6.00 7.00

GreenMobility AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 6.00 0.00 7.00

FRA:2G9 vs URI, SUNB, AER: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, GreenMobility AS'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.


GreenMobility AS Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, GreenMobility AS's Piotroski F-Score distribution charts can be found below:

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


FRA:2G9
53GF Score
GreenMobility AS FRA:2G9
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €4.44 Mil.
Cash Flow from Operations was €6.09 Mil.
Revenue was €20.85 Mil.
Gross Profit was €10.23 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (22.389 + 21.749) / 2 = €22.069 Mil.
Total Assets at the begining of this year (Dec24) was €22.39 Mil.
Long-Term Debt & Capital Lease Obligation was €9.77 Mil.
Total Current Assets was €4.48 Mil.
Total Current Liabilities was €7.21 Mil.
Net Income was €-2.50 Mil.

Revenue was €17.20 Mil.
Gross Profit was €7.68 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (27.512 + 22.389) / 2 = €24.9505 Mil.
Total Assets at the begining of last year (Dec23) was €27.51 Mil.
Long-Term Debt & Capital Lease Obligation was €8.44 Mil.
Total Current Assets was €3.51 Mil.
Total Current Liabilities was €13.67 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.

GreenMobility AS's current Net Income (TTM) was 4.44. ==> 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.

GreenMobility AS's current Cash Flow from Operations (TTM) was 6.09. ==> 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)
=4.44/22.389
=0.19831167

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.496/27.512
=-0.09072405

GreenMobility AS's return on assets of this year was 0.19831167. GreenMobility AS's return on assets of last year was -0.09072405. ==> 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.

GreenMobility AS's current Net Income (TTM) was 4.44. GreenMobility AS's current Cash Flow from Operations (TTM) was 6.09. ==> 6.09 > 4.44 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=9.774/22.069
=0.44288368

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=8.439/24.9505
=0.33822969

GreenMobility AS's gearing of this year was 0.44288368. GreenMobility AS's gearing of last year was 0.33822969. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=4.482/7.209
=0.62172285

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3.508/13.67
=0.25662034

GreenMobility AS's current ratio of this year was 0.62172285. GreenMobility AS's current ratio of last year was 0.25662034. ==> 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.

GreenMobility AS's number of shares in issue this year was 5.919. GreenMobility AS's number of shares in issue last year was 5.565. ==> 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
=10.232/20.846
=0.49083757

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7.678/17.196
=0.44649919

GreenMobility AS's gross margin of this year was 0.49083757. GreenMobility AS's gross margin of last year was 0.44649919. ==> 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)
=20.846/22.389
=0.93108223

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=17.196/27.512
=0.62503635

GreenMobility AS's asset turnover of this year was 0.93108223. GreenMobility AS's asset turnover of last year was 0.62503635. ==> 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+1+1
=7

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

GreenMobility AS 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?
GreenMobility AS (FRA:2G9) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on GreenMobility AS and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, GreenMobility AS's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, GreenMobility AS ranks #117 out of 1063 companies in the Business Services industry, placing it in the top 11%.
Is GreenMobility AS's Piotroski F-Score too high?
GreenMobility AS'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 3.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. GreenMobility AS's value of 7 is 40% above this industry median. Based on the distribution chart, GreenMobility AS ranks #117 out of 1063 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, GreenMobility AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GreenMobility AS's Piotroski F-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, GreenMobility AS ranks #117 out of 1063 companies for Piotroski F-Score. This places GreenMobility AS in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. GreenMobility AS's value of 7 is 40% above this benchmark. Historically, GreenMobility AS's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, GreenMobility AS 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. GreenMobility AS'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 GreenMobility AS and its competitors. For the Business 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. GreenMobility AS'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 GreenMobility AS stock overvalued right now?
Based on GuruFocus' analysis, GreenMobility AS (FRA:2G9) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.16, compared to a current price of €10.35 — trading 44.6% 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 Business Services industry median of 5.00. GreenMobility AS's overall GF Score™ is 53/100 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 GreenMobility AS (FRA:2G9), the current Piotroski F-Score is 7 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 GreenMobility AS (FRA:2G9) Overvalued in 2026?

Based on GuruFocus' analysis, GreenMobility AS stock appears to be overvalued. The current stock price of €10.35 is trading 44.6% above its estimated GF Value™ of €7.16. GuruFocus considers GreenMobility AS to be Significantly Overvalued.

Key valuation signals for FRA:2G9:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €7.16 vs. price of €10.35 (44.6% above fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 40% above the Business Services median (#117 of 1063)

No single metric tells the full story. See the FRA:2G9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GreenMobility AS Business Description

Other Exchanges GREENM:Denmark
Address Landgreven 3, 4th floor, Copenhagen, DNK, 1301
GreenMobility AS offers modern urbanites easy, flexible and sustainable transport in the form of electric, shared city cars. Users have access to these cars via the GreenMobility app. Trips are paid per minute, through minute packages, or on daily basis. The company focuses on rapidly growing market for car sharing in large cities that demand green transport for their citizens and to reduce the number of private cars. Geographically it derives key revenue from domestic sales in Denmark.
53GF Score

Get the complete analysis for FRA:2G9

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

€10.35
Price
€7.16
GF Value