Telstra Group (FRA:5KB) Piotroski F-Score: 7 (As of Jun. 24, 2026) — 17% Above Median


FRA:5KB Telstra Group Ltd FRA:5KB
80 GF Score
Price €15.10
GF Value €13.10
! 6 Warning Signs
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What is Telstra Group Piotroski F-Score?

Telstra Group FRA:5KB -6.21% 80 Piotroski F-Score is 7 as of Jun. 24, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates FRA:5KB with a GF Score™ of 80/100 and a GF Value™ of €13.10. The stock has 6 warning signs investors should review. Among 359 Telecommunication Services companies, Telstra Group ranks better than 88.3% 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

Telstra Group has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

FRA:5KB' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Telstra Group was 8. The lowest was 4. And the median was 6.

Telstra Group  (FRA:5KB) 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.


Telstra Group Piotroski F-Score Related Terms


Telstra Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Telstra Group'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.

Telstra Group Piotroski F-Score Chart

Telstra Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 7.00 8.00 5.00 7.00

Telstra Group 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 0.00 5.00 0.00 7.00 0.00

FRA:5KB vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Telstra Group'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.


Telstra Group Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telstra Group's Piotroski F-Score distribution charts can be found below:

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


FRA:5KB
80GF Score
Telstra Group Ltd FRA:5KB
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was €1,226 Mil.
Cash Flow from Operations was €4,134 Mil.
Revenue was €12,823 Mil.
Gross Profit was €8,187 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (28098.24 + 25382.328) / 2 = €26740.284 Mil.
Total Assets at the begining of this year (Jun24) was €28,098 Mil.
Long-Term Debt & Capital Lease Obligation was €7,439 Mil.
Total Current Assets was €3,666 Mil.
Total Current Liabilities was €6,503 Mil.
Net Income was €1,001 Mil.

Revenue was €13,902 Mil.
Gross Profit was €8,695 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (27893.803 + 28098.24) / 2 = €27996.0215 Mil.
Total Assets at the begining of last year (Jun23) was €27,894 Mil.
Long-Term Debt & Capital Lease Obligation was €7,859 Mil.
Total Current Assets was €3,767 Mil.
Total Current Liabilities was €7,110 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.

Telstra Group's current Net Income (TTM) was 1,226. ==> 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.

Telstra Group's current Cash Flow from Operations (TTM) was 4,134. ==> 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 (Jun24)
=1225.992/28098.24
=0.04363234

ROA (Last Year)=Net Income/Total Assets (Jun23)
=1000.556/27893.803
=0.03587019

Telstra Group's return on assets of this year was 0.04363234. Telstra Group's return on assets of last year was 0.03587019. ==> 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.

Telstra Group's current Net Income (TTM) was 1,226. Telstra Group's current Cash Flow from Operations (TTM) was 4,134. ==> 4,134 > 1,226 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=7438.928/26740.284
=0.27819181

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=7858.871/27996.0215
=0.28071385

Telstra Group's gearing of this year was 0.27819181. Telstra Group's gearing of last year was 0.28071385. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=3666.123/6503.064
=0.56375318

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=3767.2/7109.996
=0.52984559

Telstra Group's current ratio of this year was 0.56375318. Telstra Group's current ratio of last year was 0.52984559. ==> 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.

Telstra Group's number of shares in issue this year was 2310.638. Telstra Group's number of shares in issue last year was 2317.143. ==> 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
=8187.393/12822.682
=0.63850862

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8695.341/13902.306
=0.62546034

Telstra Group's gross margin of this year was 0.63850862. Telstra Group's gross margin of last year was 0.62546034. ==> 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 (Jun24)
=12822.682/28098.24
=0.45635179

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=13902.306/27893.803
=0.49840124

Telstra Group's asset turnover of this year was 0.45635179. Telstra Group's asset turnover of last year was 0.49840124. ==> 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+1+1+1+1+1+0
=8

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

Telstra Group has an F-score of 8. 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?
Telstra Group (FRA:5KB) has a Piotroski F-Score of 7 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Telstra Group and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Telstra Group's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Telstra Group ranks #42 out of 359 companies in the Telecommunication Services industry, placing it in the top 11.7%.
Is Telstra Group's Piotroski F-Score too high?
Telstra Group's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Telstra Group's value of 7 is 16.7% above this industry median. Based on the distribution chart, Telstra Group ranks #42 out of 359 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telstra Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Telstra Group's Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telstra Group ranks #42 out of 359 companies for Piotroski F-Score. This places Telstra Group in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Telstra Group's value of 7 is 16.7% above this benchmark. Historically, Telstra Group's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Telstra Group 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 359 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. Telstra Group's current Piotroski F-Score of 7 is 16.7% 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 Telstra Group and its competitors. For the Telecommunication Services industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telstra Group's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telstra Group stock overvalued right now?
Telstra Group (FRA:5KB) has a current Piotroski F-Score of 7. The stock's GF Value™ is €13.10, compared to a current price of €15.10 — trading 15.3% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Telecommunication Services industry median of 6.00. Telstra Group's overall GF Score™ is 80/100 with 6 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 Telstra Group (FRA:5KB), the current Piotroski F-Score is 7 as of Jun. 24, 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 Telstra Group (FRA:5KB) Overvalued in 2026?

Based on GuruFocus' analysis, Telstra Group stock appears to be overvalued. The current stock price of €15.10 is trading 15.3% above its estimated GF Value™ of €13.10.

Key valuation signals for FRA:5KB:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €13.10 vs. price of €15.10 (15.3% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 16.7% above the Telecommunication Services median (#42 of 359)

No single metric tells the full story. See the FRA:5KB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telstra Group Business Description

Address 242 Exhibition Street, Level 41 - Telstra Centre, Melbourne, VIC, AUS, 3000
Telstra is Australia's largest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, and fixed-line broadband resale via the national broadband network. Telstra provides most of its services via its infrastructure assets, such as a fixed-line network (data centers, exchanges, poles, ducts, pits and pipes, fiber network), a mobile network, and mobile towers. Its customers span retail, corporate, government, wholesale, and overseas segments. Telstra also provides the government-owned, last-mile fixed-line National Broadband Network with long-term access to its infrastructure, in return for recurring payments. Finally, Telstra operates a leading telecom operation in Papua New Guinea and the surrounding South-Pacific countries.
80GF Score

Get the complete analysis for FRA:5KB

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

€15.10
Price
€13.10
GF Value