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Guming Holdings Ltd FRA:AY3
Guming Holdings FRA:AY3 -0.83% 30 Piotroski F-Score is 7 as of Sep. 18, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:AY3 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 356 Restaurants companies, Guming Holdings ranks better than 84.55% 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
Guming Holdings 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 Guming Holdings's Piotroski F-Score or its related term are showing as below:
During the past 5 years, the highest Piotroski F-Score of Guming Holdings was 8. The lowest was 4. And the median was 7.
Guming Holdings (FRA:AY3) 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.
The historical data trend for Guming Holdings'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.
| Guming Holdings Annual Data | |||||||||||
| Trend | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | ||||||
| Piotroski F-Score | 0.00 | 6.00 | 8.00 | 4.00 | 7.00 | ||||||
| Guming Holdings Semi-Annual Data | |||||
| Dec22 | Dec23 | Dec24 | Jun25 | Dec25 | |
| Piotroski F-Score | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
For the Restaurants subindustry, Guming Holdings'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.
For the Restaurants industry and Consumer Cyclical sector, Guming Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Guming Holdings's Piotroski F-Score falls into.
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 €383 Mil. Cash Flow from Operations was €310 Mil. Revenue was €1,592 Mil. Gross Profit was €525 Mil. Average Total Assets from the begining of this year (Dec24) to the end of this year (Dec25) was (909.53895222472 + 2028.738732253) / 2 = €1469.1388422389 Mil. Total Assets at the begining of this year (Dec24) was €910 Mil. Long-Term Debt & Capital Lease Obligation was €17 Mil. Total Current Assets was €1,774 Mil. Total Current Liabilities was €1,281 Mil. |
Net Income was €190 Mil. Revenue was €1,129 Mil. Gross Profit was €345 Mil. Average Total Assets from the begining of last year (Dec23) to the end of last year (Dec24) was (657.7312666395 + 909.53895222472) / 2 = €783.63510943211 Mil. Total Assets at the begining of last year (Dec23) was €658 Mil. Long-Term Debt & Capital Lease Obligation was €16 Mil. Total Current Assets was €643 Mil. Total Current Liabilities was €589 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.
Guming Holdings's current Net Income (TTM) was 383.
==> 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.
Guming Holdings's current Cash Flow from Operations (TTM) was 310.
==> 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) |
| = | 383.23971171687 | / | 909.53895222472 | |
| = | 0.42135602 |
| ROA (Last Year) | = | Net Income | / | Total Assets (Dec23) |
| = | 189.92396690788 | / | 657.7312666395 | |
| = | 0.28875618 |
Guming Holdings's return on assets of this year was 0.42135602. Guming Holdings's return on assets of last year was 0.28875618.
==> 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.
Guming Holdings's current Net Income (TTM) was 383. Guming Holdings's current Cash Flow from Operations (TTM) was 310.
==> 310 <= 383 ==> CFROA <= ROA ==> Score 0.
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 |
| = | 16.978804421409 | / | 1469.1388422389 | |
| = | 0.01155698 |
| Gearing (Last Year: Dec24) | = | Long-Term Debt & Capital Lease Obligation | / | Average Total Assets from Dec23 to Dec24 |
| = | 16.039562216039 | / | 783.63510943211 | |
| = | 0.02046815 |
Guming Holdings's gearing of this year was 0.01155698. Guming Holdings's gearing of last year was 0.02046815.
==> 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: Dec25) | = | Total Current Assets | / | Total Current Liabilities |
| = | 1774.289509334 | / | 1280.8168475072 | |
| = | 1.38527965 |
| Current Ratio (Last Year: Dec24) | = | Total Current Assets | / | Total Current Liabilities |
| = | 642.94852330111 | / | 589.0537261284 | |
| = | 1.09149386 |
Guming Holdings's current ratio of this year was 1.38527965. Guming Holdings's current ratio of last year was 1.09149386.
==> 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.
Guming Holdings's number of shares in issue this year was 2378.186. Guming Holdings's number of shares in issue last year was 2332.525.
==> 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 |
| = | 525.34352328435 | / | 1591.7926000032 | |
| = | 0.33003265 |
| Gross Margin (Last Year: TTM) | = | Gross Profit | / | Revenue |
| = | 345.18662070275 | / | 1129.3074811925 | |
| = | 0.30566221 |
Guming Holdings's gross margin of this year was 0.33003265. Guming Holdings's gross margin of last year was 0.30566221.
==> 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) |
| = | 1591.7926000032 | / | 909.53895222472 | |
| = | 1.75010932 |
| Asset Turnover (Last Year) | = | Revenue | / | Total Assets at the Beginning of Last Year (Dec23) |
| = | 1129.3074811925 | / | 657.7312666395 | |
| = | 1.716974 |
Guming Holdings's asset turnover of this year was 1.75010932. Guming Holdings's asset turnover of last year was 1.716974.
==> 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 | + | 0 | + | 1 | + | 1 | + | 0 | + | 1 | + | 1 | |
| = | 7 |
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Guming Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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