Commercial Vehicle GroupFRA:FDU +2.56%46 Piotroski F-Score is 7 as of Jul. 01, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates FRA:FDU with a GF Score™ of 46/100 and a GF Value™ of €2.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,287 Vehicles & Parts companies, Commercial Vehicle Group ranks better than 89.12% 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
Commercial Vehicle Group 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 Commercial Vehicle Group's Piotroski F-Score or its related term are showing as below:
FRA:FDU'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of Commercial Vehicle Group was 7. The lowest was 2. And the median was 5.
Commercial Vehicle Group (FRA:FDU) 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.
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.
Commercial Vehicle Group Piotroski F-Score Related Terms
Commercial Vehicle Group 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:FDU vs CAAS, INVZ, SRI: Piotroski F-Score Comparison
For the Auto Parts subindustry, Commercial Vehicle 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.
Commercial Vehicle Group Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Commercial Vehicle Group'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.
Commercial Vehicle Group's current Net Income (TTM) was -15.0.
==> Negative ==> Score 0.
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.
Commercial Vehicle Group's current Cash Flow from Operations (TTM) was 24.1.
==> 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.
Commercial Vehicle Group's return on assets of this year was -0.03873192. Commercial Vehicle Group's return on assets of last year was -0.07231513.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Commercial Vehicle Group's gearing of this year was 0.2164024. Commercial Vehicle Group's gearing of last year was 0.27971411.
==> 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
Commercial Vehicle Group's current ratio of this year was 2.13223921. Commercial Vehicle Group's current ratio of last year was 2.11728275.
==> 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.
Commercial Vehicle Group's number of shares in issue this year was 35.511. Commercial Vehicle Group's number of shares in issue last year was 33.693.
==> 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.
Commercial Vehicle Group's gross margin of this year was 0.10825051. Commercial Vehicle Group's gross margin of last year was 0.09687873.
==> 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
Commercial Vehicle Group's asset turnover of this year was 1.44080642. Commercial Vehicle Group's asset turnover of last year was 1.3824527.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Commercial Vehicle Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Commercial Vehicle Group (FRA:FDU) has a Piotroski F-Score of 7 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Commercial Vehicle Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Commercial Vehicle Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Commercial Vehicle Group ranks #140 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 10.9%.
Is Commercial Vehicle Group's Piotroski F-Score too high?
Commercial Vehicle Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Commercial Vehicle Group's value of 7 is 40% above this industry median. Based on the distribution chart, Commercial Vehicle Group ranks #140 out of 1287 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Commercial Vehicle Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Vehicle Group's Piotroski F-Score compare to CAAS and INVZ?
According to the Vehicles & Parts industry distribution chart, Commercial Vehicle Group ranks #140 out of 1287 companies for Piotroski F-Score. This places Commercial Vehicle Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Commercial Vehicle Group's value of 7 is 40% above this benchmark. Historically, Commercial Vehicle Group's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Commercial Vehicle Group 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. Commercial Vehicle Group'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 Commercial Vehicle Group and its competitors. For the Vehicles & Parts 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. Commercial Vehicle Group's current Piotroski F-Score is 7, which is 40% above 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 Commercial Vehicle Group stock overvalued right now?
Based on GuruFocus' analysis, Commercial Vehicle Group (FRA:FDU) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.36, compared to a current price of €4.00 — trading 69.5% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Vehicles & Parts industry median of 5.00. Commercial Vehicle Group's overall GF Score™ is 46/100 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 Commercial Vehicle Group (FRA:FDU), the current Piotroski F-Score is 7 as of Jul. 01, 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 Commercial Vehicle Group (FRA:FDU) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial Vehicle Group stock appears to be overvalued.
The current stock price of €4.00 is trading 69.5% above its estimated GF Value™ of €2.36.
GuruFocus considers Commercial Vehicle Group to be Significantly Overvalued.
Key valuation signals for FRA:FDU:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: €2.36 vs. price of €4.00 (69.5% above fair value)
Industry Position: 40% above the Vehicles & Parts median (#140 of 1287)
No single metric tells the full story. See the FRA:FDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial Vehicle Group Inc and its subsidiaries are a globalised provider of systems, assemblies, and components to international commercial vehicle markets and electric vehicle markets. It delivers real solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities it serves. The company has its manufacturing operations in the United States, Mexico, China, the United Kingdom, the Czech Republic, Ukraine, Morocco, Thailand, India, and Australia. Organisations' products are mainly sold in North America, Europe, and the Asia-Pacific region. It has three segments: Global Seating Segment, Global Electrical systmem, and Trim Systems and Components Segment, with the majority of revenue from Global Seating Segment.
46GF Score
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