Alamo Group (FRA:AL3) Piotroski F-Score: 5 (As of Aug. 04, 2026) — Near Median

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FRA:AL3 Alamo Group Inc FRA:AL3
82 GF Score
Price €136.00
GF Value €154.82
! 2 Warning Signs
View Full Analysis

What is Alamo Group Piotroski F-Score?

Alamo Group FRA:AL3 +0.74% 82 Piotroski F-Score is 5 as of Aug. 04, 2026, which is at its 10-year median of 5.00. GuruFocus rates FRA:AL3 with a GF Score™ of 82/100 and a GF Value™ of €154.82. The stock has 2 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Alamo Group ranks better than 57.49% on this metric.

The zones of discrimination were as such:

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

Alamo Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

FRA:AL3' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Alamo Group was 8. The lowest was 3. And the median was 5.

Alamo Group  (FRA:AL3) 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.


Alamo Group Piotroski F-Score Related Terms


Alamo Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Alamo 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.

Alamo Group Piotroski F-Score Chart

Alamo Group 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 5.00 5.00 6.00 5.00 5.00

Alamo Group 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 5.00 5.00 5.00 5.00 0.00

FRA:AL3 vs BLBD, ASTE, LNN: Piotroski F-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, Alamo 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.


Alamo Group Piotroski F-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Alamo Group's Piotroski F-Score distribution charts can be found below:

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


FRA:AL3
82GF Score
Alamo Group Inc FRA:AL3
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 21.626 + 13.247 + 25.244 + 26.856 = €87 Mil.
Cash Flow from Operations was 55.817 + 64.152 + -20.338 + 40.075 = €140 Mil.
Revenue was 357.876 + 319.097 + 360.834 + 391.236 = €1,429 Mil.
Gross Profit was 86.634 + 72.591 + 90.656 + 96.223 = €346 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1350.482 + 1358.922 + 1372.05 + 1494.239 + 1496.087) / 5 = €1414.356 Mil.
Total Assets at the begining of this year (Jun25) was €1,350 Mil.
Long-Term Debt & Capital Lease Obligation was €224 Mil.
Total Current Assets was €862 Mil.
Total Current Liabilities was €196 Mil.
Net Income was 24.692 + 26.817 + 29.415 + 26.969 = €108 Mil.

Revenue was 361.572 + 367.983 + 361.629 + 363.336 = €1,455 Mil.
Gross Profit was 90.899 + 87.658 + 95.128 + 93.889 = €368 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(1399.046 + 1334.688 + 1385.016 + 1391.842 + 1350.482) / 5 = €1372.2148 Mil.
Total Assets at the begining of last year (Jun24) was €1,399 Mil.
Long-Term Debt & Capital Lease Obligation was €172 Mil.
Total Current Assets was €817 Mil.
Total Current Liabilities was €179 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.

Alamo Group's current Net Income (TTM) was 87. ==> 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.

Alamo Group's current Cash Flow from Operations (TTM) was 140. ==> 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)
=86.973/1350.482
=0.06440145

ROA (Last Year)=Net Income/Total Assets (Jun24)
=107.893/1399.046
=0.07711898

Alamo Group's return on assets of this year was 0.06440145. Alamo Group's return on assets of last year was 0.07711898. ==> Last year is higher ==> Score 0.

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.

Alamo Group's current Net Income (TTM) was 87. Alamo Group's current Cash Flow from Operations (TTM) was 140. ==> 140 > 87 ==> 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
=223.665/1414.356
=0.15813911

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=171.766/1372.2148
=0.12517428

Alamo Group's gearing of this year was 0.15813911. Alamo Group's gearing of last year was 0.12517428. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=861.661/196.25
=4.3906293

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=817.229/179.388
=4.55565032

Alamo Group's current ratio of this year was 4.3906293. Alamo Group's current ratio of last year was 4.55565032. ==> 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.

Alamo Group's number of shares in issue this year was 12.122. Alamo Group's number of shares in issue last year was 12.083. ==> 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
=346.104/1429.043
=0.24219285

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=367.574/1454.52
=0.25271155

Alamo Group's gross margin of this year was 0.24219285. Alamo Group's gross margin of last year was 0.25271155. ==> Last year's gross margin is higher ==> Score 0.

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)
=1429.043/1350.482
=1.05817256

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1454.52/1399.046
=1.03965131

Alamo Group's asset turnover of this year was 1.05817256. Alamo Group's asset turnover of last year was 1.03965131. ==> 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+0+1+0+0+0+0+1
=4

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

Alamo Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Alamo Group (FRA:AL3) has a Piotroski F-Score of 5 as of Aug. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Alamo Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Alamo Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Alamo Group ranks #88 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 42.5%.
Is Alamo Group's Piotroski F-Score too high?
Alamo Group's current Piotroski F-Score of 5 is near 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 8.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Alamo Group's value of 5 is 0% at this industry median. Based on the distribution chart, Alamo Group ranks #88 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Alamo Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Alamo Group's Piotroski F-Score compare to BLBD and ASTE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Alamo Group ranks #88 out of 207 companies for Piotroski F-Score. This puts Alamo Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Alamo Group's value of 5 is 0% at this benchmark. Historically, Alamo Group's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Alamo Group has consistently been at 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 207 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. Alamo Group's current Piotroski F-Score of 5 is 0% at 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 Alamo Group and its competitors. For the Farm & Heavy Construction Machinery 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. Alamo Group's current Piotroski F-Score is 5, which is near 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 Alamo Group stock overvalued right now?
Alamo Group (FRA:AL3) has a current Piotroski F-Score of 5. The stock's GF Value™ is €154.82, compared to a current price of €136.00 — trading 12.2% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Farm & Heavy Construction Machinery industry median of 5.00. Alamo Group's overall GF Score™ is 82/100 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 Alamo Group (FRA:AL3), the current Piotroski F-Score is 5 as of Aug. 04, 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 Alamo Group (FRA:AL3) Overvalued in 2026?

Based on GuruFocus' analysis, Alamo Group stock appears to be undervalued. The current stock price of €136.00 is trading 12.2% below its estimated GF Value™ of €154.82.

Key valuation signals for FRA:AL3:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: €154.82 vs. price of €136.00 (12.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 0% at the Farm & Heavy Construction Machinery median (#88 of 207)

No single metric tells the full story. See the FRA:AL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alamo Group Business Description

Other Exchanges ALG:USA
Address 1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design, manufacture, and servicing of high-quality vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural use. Its products include agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, truck-mounted highway attenuator trucks, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, snow removal equipment, etc. The company's reportable segments are Vegetation Management, which generates the maximum revenue, and Industrial Equipment. Geographically, the company generates maximum revenue from the United States, followed by Canada, France, the UK, Brazil, the Netherlands, and other regions.
82GF Score

Get the complete analysis for FRA:AL3

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

€136.00
Price
€154.82
GF Value