Keytop Parking (FRA:E4F) Piotroski F-Score: 7 (As of Aug. 27, 2026) — Near Median

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FRA:E4F Keytop Parking Inc FRA:E4F
20 GF Score
Price €11.85
! 2 Warning Signs
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What is Keytop Parking Piotroski F-Score?

Keytop Parking FRA:E4F -6.77% 20 Piotroski F-Score is 7 as of Aug. 27, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:E4F with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,745 Software companies, Keytop Parking ranks better than 92.13% 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

Keytop Parking 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 Keytop Parking's Piotroski F-Score or its related term are showing as below:

FRA:E4F' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 7   Max: 7
Current: 7

During the past 3 years, the highest Piotroski F-Score of Keytop Parking was 7. The lowest was 7. And the median was 7.

Keytop Parking  (FRA:E4F) 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.


Keytop Parking Piotroski F-Score Related Terms


Keytop Parking Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Keytop Parking'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.

Keytop Parking Piotroski F-Score Chart

Keytop Parking Annual Data
Trend Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00

Keytop Parking Semi-Annual Data
Dec23 Dec24 Dec25
Piotroski F-Score N/A N/A 7.00

FRA:E4F vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Keytop Parking'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.


Keytop Parking Piotroski F-Score vs Software Industry

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

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


FRA:E4F
20GF Score
Keytop Parking Inc FRA:E4F
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 €11.8 Mil.
Cash Flow from Operations was €17.5 Mil.
Revenue was €100.7 Mil.
Gross Profit was €46.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (175.602 + 172.904) / 2 = €174.253 Mil.
Total Assets at the begining of this year (Dec24) was €175.6 Mil.
Long-Term Debt & Capital Lease Obligation was €12.4 Mil.
Total Current Assets was €106.8 Mil.
Total Current Liabilities was €37.6 Mil.
Net Income was €11.8 Mil.

Revenue was €104.9 Mil.
Gross Profit was €48.1 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (152.661 + 175.602) / 2 = €164.1315 Mil.
Total Assets at the begining of last year (Dec23) was €152.7 Mil.
Long-Term Debt & Capital Lease Obligation was €4.5 Mil.
Total Current Assets was €120.6 Mil.
Total Current Liabilities was €50.2 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.

Keytop Parking's current Net Income (TTM) was 11.8. ==> 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.

Keytop Parking's current Cash Flow from Operations (TTM) was 17.5. ==> 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)
=11.782/175.602
=0.06709491

ROA (Last Year)=Net Income/Total Assets (Dec23)
=11.817/152.661
=0.0774068

Keytop Parking's return on assets of this year was 0.06709491. Keytop Parking's return on assets of last year was 0.0774068. ==> 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.

Keytop Parking's current Net Income (TTM) was 11.8. Keytop Parking's current Cash Flow from Operations (TTM) was 17.5. ==> 17.5 > 11.8 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=12.424/174.253
=0.07129863

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4.459/164.1315
=0.02716724

Keytop Parking's gearing of this year was 0.07129863. Keytop Parking's gearing of last year was 0.02716724. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=106.841/37.637
=2.83872253

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=120.576/50.159
=2.40387568

Keytop Parking's current ratio of this year was 2.83872253. Keytop Parking's current ratio of last year was 2.40387568. ==> 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.

Keytop Parking's number of shares in issue this year was 101.123. Keytop Parking's number of shares in issue last year was 101.123. ==> 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
=46.707/100.713
=0.46376337

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=48.13/104.871
=0.4589448

Keytop Parking's gross margin of this year was 0.46376337. Keytop Parking's gross margin of last year was 0.4589448. ==> 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)
=100.713/175.602
=0.57352991

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=104.871/152.661
=0.68695345

Keytop Parking's asset turnover of this year was 0.57352991. Keytop Parking's asset turnover of last year was 0.68695345. ==> 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+0+1+1+1+0
=6

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

Keytop Parking 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 7 mean?
Keytop Parking (FRA:E4F) has a Piotroski F-Score of 7 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Keytop Parking and its competitors. This is near median its historical median of 7.00. Over the past decade, Keytop Parking's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, Keytop Parking ranks #216 out of 2745 companies in the Software industry, placing it in the top 7.9%.
Is Keytop Parking's Piotroski F-Score too high?
Keytop Parking's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. Keytop Parking's value of 7 is 40% above this industry median. Based on the distribution chart, Keytop Parking ranks #216 out of 2745 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Keytop Parking has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Keytop Parking's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Keytop Parking ranks #216 out of 2745 companies for Piotroski F-Score. This places Keytop Parking in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Keytop Parking's value of 7 is 40% above this benchmark. Historically, Keytop Parking's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Keytop Parking 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 2,745 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. Keytop Parking's current Piotroski F-Score of 7 is 40% 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 Keytop Parking 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. Keytop Parking's current Piotroski F-Score is 7, which is near 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 Keytop Parking stock overvalued right now?
Keytop Parking (FRA:E4F) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Software industry median of 5.00. Keytop Parking's overall GF Score™ is 20/100 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 Keytop Parking (FRA:E4F), the current Piotroski F-Score is 7 as of Aug. 27, 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.

Keytop Parking Business Description

Other Exchanges 02272:Hong Kong
Address 3-4th Floor, No. 155 Taidong Road, Siming District, Fujian Province, Xiamen, CHN
Keytop Parking Inc operates in the smart parking sector, providing smart parking systems, parking management services, and parking facility and platform operations. It also operates an online parking space rental platform that enables parking facility owners and individual space owners to list available parking spaces and allows users to search and rent parking spaces. The company's business portfolio includes various products and services covering smart parking systems, smart parking management services, and parking facility and platform operations. Its services are applied across various locations, including commercial complexes, office buildings, residential communities, public facilities, hotels, schools, hospitals, and logistics parks.
20GF Score

Get the complete analysis for FRA:E4F

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

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