Datagroup SE (FRA:D6H0) Piotroski F-Score: 6 (As of Sep. 22, 2026) — 14% Below Median

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FRA:D6H0 Datagroup SE FRA:D6H0
88 GF Score
Price €77.50
GF Value €62.04
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Datagroup SE Piotroski F-Score?

Datagroup SE FRA:D6H0 -0.64% 88 Piotroski F-Score is 6 as of Sep. 22, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates FRA:D6H0 with a GF Score™ of 88/100 and a GF Value™ of €62.04 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,751 Software companies, Datagroup SE ranks better than 78.7% 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

Datagroup SE has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

FRA:D6H0' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Datagroup SE was 8. The lowest was 2. And the median was 7.

Datagroup SE  (FRA:D6H0) 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.


Datagroup SE Piotroski F-Score Related Terms


Datagroup SE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Datagroup SE'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.

Datagroup SE Piotroski F-Score Chart

Datagroup SE Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 8.00 7.00 6.00

Datagroup SE Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 7.00 7.00 7.00 7.00 6.00

FRA:D6H0 vs IBM, ACN, CTSH: Piotroski F-Score Comparison

For the Information Technology Services subindustry, Datagroup SE'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.


Datagroup SE Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Datagroup SE's Piotroski F-Score distribution charts can be found below:

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


FRA:D6H0
88GF Score
Datagroup SE FRA:D6H0
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 4.32678936 + 6.84847982 + 5.3684808 + 5.40362789 = €21.9 Mil.
Cash Flow from Operations was -1.46734818 + 9.706742 + 0.2717119 + 25.76130434 = €34.3 Mil.
Revenue was 139.2528108 + 140.51679545 + 136.30135594 + 150.01002177 = €566.1 Mil.
Gross Profit was 17.47712153 + 19.02301845 + 18.32020652 + 20.83254318 = €75.7 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(582.92284964 + 546.13508482 + 558.63956026 + 569.87295898 + 582.16554115) / 5 = €567.94719897 Mil.
Total Assets at the begining of this year (Sep24) was €582.9 Mil.
Long-Term Debt & Capital Lease Obligation was €140.3 Mil.
Total Current Assets was €172.0 Mil.
Total Current Liabilities was €177.7 Mil.
Net Income was 6.07598684 + 6.34701736 + 5.92034918 + 7.85523216 = €26.2 Mil.

Revenue was 121.06852508 + 127.67825998 + 131.7647243 + 147.04745722 = €527.6 Mil.
Gross Profit was 13.77172207 + 17.21478158 + 17.7314663 + 21.26516014 = €70.0 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(515.87881622 + 493.42176423 + 490.91595236 + 515.98137131 + 582.92284964) / 5 = €519.82415075 Mil.
Total Assets at the begining of last year (Sep23) was €515.9 Mil.
Long-Term Debt & Capital Lease Obligation was €178.9 Mil.
Total Current Assets was €179.0 Mil.
Total Current Liabilities was €154.1 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.

Datagroup SE's current Net Income (TTM) was 21.9. ==> 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.

Datagroup SE's current Cash Flow from Operations (TTM) was 34.3. ==> 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 (Sep24)
=21.94737787/582.92284964
=0.03765057

ROA (Last Year)=Net Income/Total Assets (Sep23)
=26.19858554/515.87881622
=0.05078438

Datagroup SE's return on assets of this year was 0.03765057. Datagroup SE's return on assets of last year was 0.05078438. ==> 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.

Datagroup SE's current Net Income (TTM) was 21.9. Datagroup SE's current Cash Flow from Operations (TTM) was 34.3. ==> 34.3 > 21.9 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=140.31280599/567.94719897
=0.24705255

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=178.86449724/519.82415075
=0.34408655

Datagroup SE's gearing of this year was 0.24705255. Datagroup SE's gearing of last year was 0.34408655. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=171.99794878/177.72926596
=0.96775254

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=178.97067866/154.13550773
=1.16112557

Datagroup SE's current ratio of this year was 0.96775254. Datagroup SE's current ratio of last year was 1.16112557. ==> 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.

Datagroup SE's number of shares in issue this year was 8.295. Datagroup SE's number of shares in issue last year was 8.331. ==> 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
=75.65288968/566.08098396
=0.13364323

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=69.98313009/527.55896658
=0.13265461

Datagroup SE's gross margin of this year was 0.13364323. Datagroup SE's gross margin of last year was 0.13265461. ==> 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 (Sep24)
=566.08098396/582.92284964
=0.9711079

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=527.55896658/515.87881622
=1.02264127

Datagroup SE's asset turnover of this year was 0.9711079. Datagroup SE's asset turnover of last year was 1.02264127. ==> 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+0+1+1+0+1+1+0
=6

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

Datagroup SE has an F-score of 6 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 6 mean?
Datagroup SE (FRA:D6H0) has a Piotroski F-Score of 6 as of Sep. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Datagroup SE and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Datagroup SE's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Datagroup SE ranks #586 out of 2751 companies in the Software industry, placing it in the top 21.3%.
Is Datagroup SE's Piotroski F-Score too high?
Datagroup SE's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Datagroup SE's value of 6 is 20% above this industry median. Based on the distribution chart, Datagroup SE ranks #586 out of 2751 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Datagroup SE has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Datagroup SE's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Datagroup SE ranks #586 out of 2751 companies for Piotroski F-Score. This places Datagroup SE in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Datagroup SE's value of 6 is 20% above this benchmark. Historically, Datagroup SE's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Datagroup SE 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 2,751 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. Datagroup SE's current Piotroski F-Score of 6 is 20% 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 Datagroup SE 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. Datagroup SE's current Piotroski F-Score is 6, which is 14% below 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 Datagroup SE stock overvalued right now?
Based on GuruFocus' analysis, Datagroup SE (FRA:D6H0) is currently considered Modestly Overvalued. The stock's GF Value™ is €62.04, compared to a current price of €77.50 — trading 24.9% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Software industry median of 5.00. Datagroup SE's overall GF Score™ is 88/100 with 8 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 Datagroup SE (FRA:D6H0), the current Piotroski F-Score is 6 as of Sep. 22, 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 Datagroup SE (FRA:D6H0) Overvalued in 2026?

Based on GuruFocus' analysis, Datagroup SE stock appears to be overvalued. The current stock price of €77.50 is trading 24.9% above its estimated GF Value™ of €62.04. GuruFocus considers Datagroup SE to be Modestly Overvalued.

Key valuation signals for FRA:D6H0:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: €62.04 vs. price of €77.50 (24.9% above fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 20% above the Software median (#586 of 2751)

No single metric tells the full story. See the FRA:D6H0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Datagroup SE Business Description

Other Exchanges 0W19:UKD6H0:Germany
Address Wilhelm-Schickard-Strasse 7, Pliezhausen, DEU, D-72124
Datagroup SE is a German IT services company headquartered in Pliezhausen. It provides managed IT services, IT outsourcing, cloud and data center operations, network and security services, and technology consulting, primarily to mid-sized and large organizations in sectors such as manufacturing, retail, healthcare, and the public sector. The company operates through segments covering IT services and solutions as well as consulting, with services generating the largest share of revenue. Its offerings include infrastructure management, application services, digital workplace solutions, and specialized software products for areas such as debt collection and healthcare billing. Datagroup generates most of its revenue in Germany, with additional operations in Austria, Switzerland, and other European markets. Revenue is primarily recurring, derived from long-term managed services and outsourcing contracts, supplemented by project-based consulting and software licensing fees.
88GF Score

Get the complete analysis for FRA:D6H0

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

€77.50
Price
€62.04
GF Value