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Tallinnadam ASFRA:K9B -0.81%58 Piotroski F-Score is 5 as of Jul. 25, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates FRA:K9B with a GF Score™ of 58/100 and a GF Value™ of €1.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 976 Transportation companies, Tallinnadam AS ranks worse than 52.97% 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
Tallinnadam AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Tallinnadam AS's Piotroski F-Score or its related term are showing as below:
FRA:K9B'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Tallinnadam AS was 8. The lowest was 4. And the median was 6.
Tallinnadam AS (FRA:K9B) 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.
Tallinnadam AS Piotroski F-Score Related Terms
Tallinnadam AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tallinnadam AS'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.
For the Marine Shipping subindustry, Tallinnadam AS'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.
Tallinnadam AS Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Tallinnadam AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tallinnadam AS'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.
Tallinnadam AS's current Net Income (TTM) was 20.2.
==> 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.
Tallinnadam AS's return on assets of this year was 0.0315561. Tallinnadam AS's return on assets of last year was 0.03405538.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tallinnadam AS's gearing of this year was 0.15936409. Tallinnadam AS's gearing of last year was 0.27676801.
==> 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
Tallinnadam AS's current ratio of this year was 0.58884819. Tallinnadam AS's current ratio of last year was 1.41136989.
==> 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.
Tallinnadam AS's number of shares in issue this year was 263. Tallinnadam AS's number of shares in issue last year was 263.
==> 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.
Tallinnadam AS's gross margin of this year was 0.54998608. Tallinnadam AS's gross margin of last year was 0.56992751.
==> Last year's gross margin is higher ==> Score 0.
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
Tallinnadam AS's asset turnover of this year was 0.18489457. Tallinnadam AS's asset turnover of last year was 0.19674512.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tallinnadam AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Tallinnadam AS (FRA:K9B) has a Piotroski F-Score of 5 as of Jul. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tallinnadam AS and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Tallinnadam AS's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Tallinnadam AS ranks #517 out of 976 companies in the Transportation industry, placing it in the top 53%.
Is Tallinnadam AS's Piotroski F-Score too high?
Tallinnadam AS's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Tallinnadam AS's value of 5 is 16.7% below this industry median. Based on the distribution chart, Tallinnadam AS ranks #517 out of 976 companies in the Transportation industry, which is below the industry midpoint. Overall, Tallinnadam AS has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tallinnadam AS's Piotroski F-Score compare to KEX?
According to the Transportation industry distribution chart, Tallinnadam AS ranks #517 out of 976 companies for Piotroski F-Score. This places Tallinnadam AS in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Tallinnadam AS's value of 5 is 16.7% below this benchmark. Historically, Tallinnadam AS's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Tallinnadam AS has consistently been below 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 976 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. Tallinnadam AS's current Piotroski F-Score of 5 is 16.7% below 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 Tallinnadam AS and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tallinnadam AS's current Piotroski F-Score is 5, which is 17% below 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 Tallinnadam AS stock overvalued right now?
Based on GuruFocus' analysis, Tallinnadam AS (FRA:K9B) is currently considered Fairly Valued. The stock's GF Value™ is €1.16, compared to a current price of €1.22 — trading 5% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Transportation industry median of 6.00. Tallinnadam AS's overall GF Score™ is 58/100 with 5 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 Tallinnadam AS (FRA:K9B), the current Piotroski F-Score is 5 as of Jul. 25, 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 Tallinnadam AS (FRA:K9B) Overvalued in 2026?
Based on GuruFocus' analysis, Tallinnadam AS stock appears to be overvalued.
The current stock price of €1.22 is trading 5% above its estimated GF Value™ of €1.16.
GuruFocus considers Tallinnadam AS to be Fairly Valued.
Key valuation signals for FRA:K9B:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: €1.16 vs. price of €1.22 (5% above fair value)
Industry Position: 16.7% below the Transportation median (#517 of 976)
No single metric tells the full story. See the FRA:K9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tallinna Sadam AS is the owner and operator of the Port of Tallinn. It owns two passenger harbours and two cargo harbours. Through its subsidiary, the company also operates ferries and provides passenger transport services between Estonia's mainland and Saaremaa and Hiiumaa islands. The group's reportable segments are Passenger harbours, Cargo harbours, Ferry and Others. Maximum revenue is derived from the Passenger harbours segment, which represents revenue generated by passenger harbours consisting mainly of vessel dues collected from ferries and cruise ships, and passenger fees charged for using services provided by the harbours. Geographically, the group earns a majority of its revenue in Estonia.
58GF Score
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