Mears Group (FRA:MM7) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


FRA:MM7 Mears Group PLC FRA:MM7
83 GF Score
Price €4.72
GF Value €4.62
! 3 Warning Signs
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What is Mears Group Piotroski F-Score?

Mears Group FRA:MM7 +4.66% 83 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:MM7 with a GF Score™ of 83/100 and a GF Value™ of €4.62. The stock has 3 warning signs investors should review. Among 95 Personal Services companies, Mears Group ranks better than 71.58% 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

Mears Group 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 Mears Group's Piotroski F-Score or its related term are showing as below:

FRA:MM7' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 6
Current: 6

During the past 13 years, the highest Piotroski F-Score of Mears Group was 6. The lowest was 3. And the median was 6.

Mears Group  (FRA:MM7) 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.


Mears Group Piotroski F-Score Related Terms


Mears Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mears Group'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.

Mears Group Piotroski F-Score Chart

Mears Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 6.00 6.00 6.00

Mears Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.00 0.00 6.00 0.00 6.00

FRA:MM7 vs ROL, SCI, HRB: Piotroski F-Score Comparison

For the Personal Services subindustry, Mears 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.


Mears Group Piotroski F-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mears Group's Piotroski F-Score distribution charts can be found below:

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


FRA:MM7
83GF Score
Mears Group PLC FRA:MM7
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €53 Mil.
Cash Flow from Operations was €129 Mil.
Revenue was €1,298 Mil.
Gross Profit was €304 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (846.757 + 846.119) / 2 = €846.438 Mil.
Total Assets at the begining of this year (Dec24) was €847 Mil.
Long-Term Debt & Capital Lease Obligation was €272 Mil.
Total Current Assets was €255 Mil.
Total Current Liabilities was €321 Mil.
Net Income was €56 Mil.

Revenue was €1,367 Mil.
Gross Profit was €306 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (812.543 + 846.757) / 2 = €829.65 Mil.
Total Assets at the begining of last year (Dec23) was €813 Mil.
Long-Term Debt & Capital Lease Obligation was €278 Mil.
Total Current Assets was €273 Mil.
Total Current Liabilities was €326 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.

Mears Group's current Net Income (TTM) was 53. ==> 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.

Mears Group's current Cash Flow from Operations (TTM) was 129. ==> 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)
=52.843/846.757
=0.06240633

ROA (Last Year)=Net Income/Total Assets (Dec23)
=56.172/812.543
=0.06913111

Mears Group's return on assets of this year was 0.06240633. Mears Group's return on assets of last year was 0.06913111. ==> 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.

Mears Group's current Net Income (TTM) was 53. Mears Group's current Cash Flow from Operations (TTM) was 129. ==> 129 > 53 ==> 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
=272.17/846.438
=0.32154747

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=278.46/829.65
=0.33563551

Mears Group's gearing of this year was 0.32154747. Mears Group's gearing of last year was 0.33563551. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=254.827/321.101
=0.79360388

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=273.475/325.927
=0.83906826

Mears Group's current ratio of this year was 0.79360388. Mears Group's current ratio of last year was 0.83906826. ==> 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.

Mears Group's number of shares in issue this year was 85.81. Mears Group's number of shares in issue last year was 95.22. ==> 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
=303.918/1298.104
=0.23412454

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=305.761/1367.316
=0.22362131

Mears Group's gross margin of this year was 0.23412454. Mears Group's gross margin of last year was 0.22362131. ==> 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)
=1298.104/846.757
=1.53303014

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1367.316/812.543
=1.6827614

Mears Group's asset turnover of this year was 1.53303014. Mears Group's asset turnover of last year was 1.6827614. ==> 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

Mears Group 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?
Mears Group (FRA:MM7) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mears Group and its competitors. This is near median its historical median of 6.00. Over the past decade, Mears Group's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Mears Group ranks #27 out of 95 companies in the Personal Services industry, placing it in the top 28.4%.
Is Mears Group's Piotroski F-Score too high?
Mears Group'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 3.00 to a high of 6.00. The Personal Services industry median Piotroski F-Score is 5.00. Mears Group's value of 6 is 20% above this industry median. Based on the distribution chart, Mears Group ranks #27 out of 95 companies in the Personal Services industry, which is above the industry midpoint. Overall, Mears Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Mears Group's Piotroski F-Score compare to ROL and SCI?
According to the Personal Services industry distribution chart, Mears Group ranks #27 out of 95 companies for Piotroski F-Score. This puts Mears Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mears Group's value of 6 is 20% above this benchmark. Historically, Mears Group's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Mears 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 Personal Services company?
The median Piotroski F-Score among Personal Services companies is 5.00, based on 95 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. Mears Group'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 Mears Group and its competitors. For the Personal Services 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. Mears Group'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 Mears Group stock overvalued right now?
Mears Group (FRA:MM7) has a current Piotroski F-Score of 6. The stock's GF Value™ is €4.62, compared to a current price of €4.72 — trading 2.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Personal Services industry median of 5.00. Mears Group's overall GF Score™ is 83/100 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 Mears Group (FRA:MM7), the current Piotroski F-Score is 6 as of Jun. 26, 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 Mears Group (FRA:MM7) Overvalued in 2026?

Based on GuruFocus' analysis, Mears Group stock appears to be overvalued. The current stock price of €4.72 is trading 2.1% above its estimated GF Value™ of €4.62.

Key valuation signals for FRA:MM7:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €4.62 vs. price of €4.72 (2.1% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 20% above the Personal Services median (#27 of 95)

No single metric tells the full story. See the FRA:MM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mears Group Business Description

Other Exchanges MERl:UKMER:UK
Address 5220 Valiant Court, 2nd Floor, Gloucester Business Park, Brockworth, Gloucester, GBR, GL3 4FE
Mears Group PLC is a UK-based company engaged in providing social housing repairs and maintenance. The company provides services consisting of full housing management solutions, provision of a range of outsourced services to the public and private sectors, repairs, maintenance, turnkey solutions for energy efficiency, development of new homes, and home improvements.
83GF Score

Get the complete analysis for FRA:MM7

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

€4.72
Price
€4.62
GF Value