Fais Holding (FRA:GW7) Piotroski F-Score: 6 (As of Jul. 05, 2026) — Near Median


FRA:GW7 Fais Holding SA FRA:GW7
15 GF Score
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What is Fais Holding Piotroski F-Score?

Fais Holding FRA:GW7 +1.92% 15 Piotroski F-Score is 6 as of Jul. 05, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:GW7 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Fais Holding ranks better than 73.27% 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

Fais Holding 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 Fais Holding's Piotroski F-Score or its related term are showing as below:

FRA:GW7' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 7
Current: 6

During the past 5 years, the highest Piotroski F-Score of Fais Holding was 7. The lowest was 6. And the median was 6.

Fais Holding  (FRA:GW7) 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.


Fais Holding Piotroski F-Score Related Terms


Fais Holding Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fais Holding'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.

Fais Holding Piotroski F-Score Chart

Fais Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 7.00 6.00

Fais Holding Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 7.00 0.00 6.00

FRA:GW7 vs CASY, WSM, DKS: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Fais Holding'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.


Fais Holding Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fais Holding's Piotroski F-Score distribution charts can be found below:

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


FRA:GW7
15GF Score
Fais Holding SA FRA:GW7
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 €13.3 Mil.
Cash Flow from Operations was €20.6 Mil.
Revenue was €226.0 Mil.
Gross Profit was €102.4 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (333.649 + 345.187) / 2 = €339.418 Mil.
Total Assets at the begining of this year (Dec24) was €333.6 Mil.
Long-Term Debt & Capital Lease Obligation was €119.0 Mil.
Total Current Assets was €135.4 Mil.
Total Current Liabilities was €99.3 Mil.
Net Income was €13.7 Mil.

Revenue was €216.1 Mil.
Gross Profit was €96.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (304.903 + 333.649) / 2 = €319.276 Mil.
Total Assets at the begining of last year (Dec23) was €304.9 Mil.
Long-Term Debt & Capital Lease Obligation was €104.0 Mil.
Total Current Assets was €133.5 Mil.
Total Current Liabilities was €148.0 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.

Fais Holding's current Net Income (TTM) was 13.3. ==> 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.

Fais Holding's current Cash Flow from Operations (TTM) was 20.6. ==> 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)
=13.26/333.649
=0.03974236

ROA (Last Year)=Net Income/Total Assets (Dec23)
=13.666/304.903
=0.04482081

Fais Holding's return on assets of this year was 0.03974236. Fais Holding's return on assets of last year was 0.04482081. ==> 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.

Fais Holding's current Net Income (TTM) was 13.3. Fais Holding's current Cash Flow from Operations (TTM) was 20.6. ==> 20.6 > 13.3 ==> 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
=119.009/339.418
=0.35062666

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=103.961/319.276
=0.32561483

Fais Holding's gearing of this year was 0.35062666. Fais Holding's gearing of last year was 0.32561483. ==> 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
=135.359/99.309
=1.36300839

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=133.542/147.975
=0.90246325

Fais Holding's current ratio of this year was 1.36300839. Fais Holding's current ratio of last year was 0.90246325. ==> 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.

Fais Holding's number of shares in issue this year was 44.451. Fais Holding's number of shares in issue last year was 45.503. ==> 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
=102.417/225.958
=0.4532568

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=95.985/216.062
=0.44424748

Fais Holding's gross margin of this year was 0.4532568. Fais Holding's gross margin of last year was 0.44424748. ==> 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)
=225.958/333.649
=0.67723266

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=216.062/304.903
=0.70862537

Fais Holding's asset turnover of this year was 0.67723266. Fais Holding's asset turnover of last year was 0.70862537. ==> 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

Fais Holding 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?
Fais Holding (FRA:GW7) has a Piotroski F-Score of 6 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fais Holding and its competitors. This is near median its historical median of 6.00. Over the past decade, Fais Holding's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Fais Holding ranks #293 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 26.7%.
Is Fais Holding's Piotroski F-Score too high?
Fais Holding's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Fais Holding's value of 6 is 20% above this industry median. Based on the distribution chart, Fais Holding ranks #293 out of 1096 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Fais Holding has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Fais Holding's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Fais Holding ranks #293 out of 1096 companies for Piotroski F-Score. This puts Fais Holding in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Fais Holding's value of 6 is 20% above this benchmark. Historically, Fais Holding's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Fais Holding 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,096 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. Fais Holding'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 Fais Holding and its competitors. For the Retail - Cyclical 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. Fais Holding's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fais Holding stock overvalued right now?
Fais Holding (FRA:GW7) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Retail - Cyclical industry median of 5.00. Fais Holding's overall GF Score™ is 15/100 with 3 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 Fais Holding (FRA:GW7), the current Piotroski F-Score is 6 as of Jul. 05, 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.

Fais Holding Business Description

Other Exchanges FAIS:Greece
Address 77 Poseidonos Avenue, Alimos, GRC, 17455
Fais Holding SA engages in a diverse range of business activities across multiple sectors including fashion, sports, wellness, beauty, motorsports, commercial real estate development, and hospitality.
15GF Score

Get the complete analysis for FRA:GW7

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

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