Lleidanetworks Serveis TelematicsFRA:9TV -0.98%64 Piotroski F-Score is 8 as of Jul. 05, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FRA:9TV with a GF Score™ of 64/100 and a GF Value™ of €1.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 354 Telecommunication Services companies, Lleidanetworks Serveis Telematics ranks better than 97.46% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Lleidanetworks Serveis Telematics 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 Lleidanetworks Serveis Telematics's Piotroski F-Score or its related term are showing as below:
FRA:9TV'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 8
During the past 12 years, the highest Piotroski F-Score of Lleidanetworks Serveis Telematics was 8. The lowest was 4. And the median was 6.
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.
Lleidanetworks Serveis Telematics Piotroski F-Score Related Terms
Lleidanetworks Serveis Telematics Piotroski F-Score Historical Data
* 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:9TV vs TMUS, VZ, T: Piotroski F-Score Comparison
For the Telecom Services subindustry, Lleidanetworks Serveis Telematics'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.
Lleidanetworks Serveis Telematics Piotroski F-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Lleidanetworks Serveis Telematics's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lleidanetworks Serveis Telematics'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.
Lleidanetworks Serveis Telematics's current Net Income (TTM) was 1.25.
==> 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.
Lleidanetworks Serveis Telematics's current Cash Flow from Operations (TTM) was 1.91.
==> 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.
Lleidanetworks Serveis Telematics's return on assets of this year was 0.07156717. Lleidanetworks Serveis Telematics's return on assets of last year was 0.0520774.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lleidanetworks Serveis Telematics's gearing of this year was 0.15747567. Lleidanetworks Serveis Telematics's gearing of last year was 0.18289069.
==> 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
Lleidanetworks Serveis Telematics's current ratio of this year was 0.7611436. Lleidanetworks Serveis Telematics's current ratio of last year was 0.66454331.
==> 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.
Lleidanetworks Serveis Telematics's number of shares in issue this year was 15.899. Lleidanetworks Serveis Telematics's number of shares in issue last year was 0.
==> 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.
Lleidanetworks Serveis Telematics's gross margin of this year was 0.60492677. Lleidanetworks Serveis Telematics's gross margin of last year was 0.58843591.
==> 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
Lleidanetworks Serveis Telematics's asset turnover of this year was 1.10278507. Lleidanetworks Serveis Telematics's asset turnover of last year was 1.08474673.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lleidanetworks Serveis Telematics has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Lleidanetworks Serveis Telematics (FRA:9TV) has a Piotroski F-Score of 8 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lleidanetworks Serveis Telematics and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Lleidanetworks Serveis Telematics' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Lleidanetworks Serveis Telematics ranks #9 out of 354 companies in the Telecommunication Services industry, placing it in the top 2.5%.
Is Lleidanetworks Serveis Telematics' Piotroski F-Score too high?
Lleidanetworks Serveis Telematics' current Piotroski F-Score of 8 is 33% 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. Lleidanetworks Serveis Telematics' value of 8 is 33.3% above this industry median. Based on the distribution chart, Lleidanetworks Serveis Telematics ranks #9 out of 354 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Lleidanetworks Serveis Telematics has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lleidanetworks Serveis Telematics' Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Lleidanetworks Serveis Telematics ranks #9 out of 354 companies for Piotroski F-Score. This places Lleidanetworks Serveis Telematics in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Lleidanetworks Serveis Telematics' value of 8 is 33.3% above this benchmark. Historically, Lleidanetworks Serveis Telematics' 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, Lleidanetworks Serveis Telematics 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 354 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. Lleidanetworks Serveis Telematics's current Piotroski F-Score of 8 is 33.3% 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 Lleidanetworks Serveis Telematics 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. Lleidanetworks Serveis Telematics's current Piotroski F-Score is 8, which is 33% 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 Lleidanetworks Serveis Telematics stock overvalued right now?
Based on GuruFocus' analysis, Lleidanetworks Serveis Telematics (FRA:9TV) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.17, compared to a current price of €1.02 — trading 13.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Telecommunication Services industry median of 6.00. Lleidanetworks Serveis Telematics' overall GF Score™ is 64/100 with 2 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 Lleidanetworks Serveis Telematics (FRA:9TV), the current Piotroski F-Score is 8 as of Jul. 05, 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 Lleidanetworks Serveis Telematics (FRA:9TV) Overvalued in 2026?
Based on GuruFocus' analysis, Lleidanetworks Serveis Telematics stock appears to be undervalued.
The current stock price of €1.02 is trading 13.2% below its estimated GF Value™ of €1.17.
GuruFocus considers Lleidanetworks Serveis Telematics to be Modestly Undervalued.
Key valuation signals for FRA:9TV:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: €1.17 vs. price of €1.02 (13.2% below fair value)
Industry Position: 33.3% above the Telecommunication Services median (#9 of 354)
No single metric tells the full story. See the FRA:9TV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lleidanetworks Serveis Telematics Business Description
Lleidanetworks Serveis Telematics SA activity consists of acting as a telecommunications operator providing short message (SMS) management services via the Internet, notification services, and electronic contracting, as well as any other activities related to the aforementioned corporate purpose. The Group's principal activity is the management of short message services (SMS) via the Internet, as well as the provision of telecommunications services. The company's services are Registered Email Contract, Registered SMS, Openum, Openum eIDAS, Registered Invoice, Registered Inbox, Click & Sign, GDPR Solution, Universal Signed Docs Verifier, Two-Factor Authentication, Certvalidator, eKYC Video, Digital Certificates, Time Stamp, Wallet, etc.
64GF Score
Get the complete analysis for FRA:9TV
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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