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Red VioletFRA:2KH +1.61%68 Piotroski F-Score is 9 as of Sep. 06, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates FRA:2KH with a GF Score™ of 68/100 and a GF Value™ of €39.90. The stock has 3 warning signs investors should review. Among 2,752 Software companies, Red Violet ranks better than 99.96% on this metric.
Good Sign:
Piotroski F-Score is 9, 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
Red Violet has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Red Violet's Piotroski F-Score or its related term are showing as below:
FRA:2KH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 9
During the past 10 years, the highest Piotroski F-Score of Red Violet was 9. The lowest was 4. And the median was 7.
Red Violet (FRA:2KH) 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.
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.
Red Violet Piotroski F-Score Related Terms
Red Violet Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Red Violet'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.
FRA:2KH vs DFIN, GTM, UPBD: Piotroski F-Score Comparison
For the Software - Application subindustry, Red Violet'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.
Red Violet Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Red Violet's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Red Violet's Piotroski F-Score falls into.
* 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.
*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.
Red Violet's current Net Income (TTM) was 14.09.
==> 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.
Red Violet's return on assets of this year was 0.15506486. Red Violet's return on assets of last year was 0.09081171.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Red Violet's gearing of this year was 0.01989986. Red Violet's gearing of last year was 0.02418464.
==> 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
Red Violet's current ratio of this year was 10.88295214. Red Violet's current ratio of last year was 9.12178956.
==> 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.
Red Violet's number of shares in issue this year was 14.464. Red Violet's number of shares in issue last year was 14.553.
==> 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.
Red Violet's gross margin of this year was 0.84707319. Red Violet's gross margin of last year was 0.83054098.
==> 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
Red Violet's asset turnover of this year was 0.93714449. Red Violet's asset turnover of last year was 0.86487669.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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9
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Red Violet has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Red Violet (FRA:2KH) has a Piotroski F-Score of 9 as of Sep. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Red Violet and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, Red Violet's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Red Violet ranks #1 out of 2752 companies in the Software industry, placing it in the top 0%.
Is Red Violet's Piotroski F-Score too high?
Red Violet's current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. Red Violet's value of 9 is 80% above this industry median. Based on the distribution chart, Red Violet ranks #1 out of 2752 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Red Violet has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Red Violet's Piotroski F-Score compare to DFIN and GTM?
According to the Software industry distribution chart, Red Violet ranks #1 out of 2752 companies for Piotroski F-Score. This places Red Violet in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Red Violet's value of 9 is 80% above this benchmark. Historically, Red Violet's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Red Violet 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,752 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. Red Violet's current Piotroski F-Score of 9 is 80% 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 Red Violet and its competitors. For the Software 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. Red Violet's current Piotroski F-Score is 9, which is 29% above 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 Red Violet stock overvalued right now?
Red Violet (FRA:2KH) has a current Piotroski F-Score of 9. The stock's GF Value™ is €39.90, compared to a current price of €63.00 — trading 57.9% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Software industry median of 5.00. Red Violet's overall GF Score™ is 68/100 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 Red Violet (FRA:2KH), the current Piotroski F-Score is 9 as of Sep. 06, 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 Red Violet (FRA:2KH) Overvalued in 2026?
Based on GuruFocus' analysis, Red Violet stock appears to be overvalued.
The current stock price of €63.00 is trading 57.9% above its estimated GF Value™ of €39.90.
Key valuation signals for FRA:2KH:
Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
GF Value™: €39.90 vs. price of €63.00 (57.9% above fair value)
Industry Position: 80% above the Software median (#1 of 2752)
No single metric tells the full story. See the FRA:2KH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Violet Inc builds proprietary technologies and applies analytical capabilities to deliver identity intelligence. The company's solutions enable the real-time identification and location of people, businesses, assets, and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Its cloud-native, AI-enabled identity intelligence platform, CORE, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. The company generates substantially all of its revenue from licensing its solutions.
68GF Score
Get the complete analysis for FRA:2KH
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