Social Chain AG (FRA:PU11) Piotroski F-Score: 4 (As of Jun. 28, 2026) — 33% Above Median


What is Social Chain AG Piotroski F-Score?

Social Chain AG FRA:PU11 Piotroski F-Score is 4 as of Jun. 28, 2026, which is 33% above its 10-year median of 3.00. The stock has 7 warning signs investors should review. Among 550 Interactive Media companies, Social Chain AG ranks worse than 61.64% 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

Social Chain AG has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Social Chain AG's Piotroski F-Score or its related term are showing as below:

FRA:PU11' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 4
Current: 4

During the past 7 years, the highest Piotroski F-Score of Social Chain AG was 4. The lowest was 3. And the median was 3.

Social Chain AG  (FRA:PU11) 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.


Social Chain AG Piotroski F-Score Related Terms


Social Chain AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Social Chain AG'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.

Social Chain AG Piotroski F-Score Chart

Social Chain AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep24
Piotroski F-Score
Get a 7-Day Free Trial 3.00 4.00 3.00 3.00 4.00

Social Chain AG Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Mar24 Sep24 Mar25 Sep25
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 0.00 0.00 4.00 0.00 0.00

FRA:PU11 vs GOOGL, META, SPOT: Piotroski F-Score Comparison

For the Internet Content & Information subindustry, Social Chain AG'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.


Social Chain AG Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Social Chain AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Social Chain AG's Piotroski F-Score falls into.


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 (Sep24) TTM:Last Year (Dec22) TTM:
Net Income was €-4.64 Mil.
Cash Flow from Operations was €-0.00 Mil.
Revenue was €0.17 Mil.
Gross Profit was €0.17 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Sep24) was (420.235 + 93.914) / 2 = €257.0745 Mil.
Total Assets at the begining of this year (Dec22) was €420.24 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €5.38 Mil.
Total Current Liabilities was €92.27 Mil.
Net Income was €-126.66 Mil.

Revenue was €115.99 Mil.
Gross Profit was €26.38 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (633.248 + 420.235) / 2 = €526.7415 Mil.
Total Assets at the begining of last year (Dec21) was €633.25 Mil.
Long-Term Debt & Capital Lease Obligation was €217.98 Mil.
Total Current Assets was €188.37 Mil.
Total Current Liabilities was €122.36 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.

Social Chain AG's current Net Income (TTM) was -4.64. ==> 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.

Social Chain AG's current Cash Flow from Operations (TTM) was -0.00. ==> Negative ==> Score 0.

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 (Dec22)
=-4.638/420.235
=-0.01103668

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-126.664/633.248
=-0.20002274

Social Chain AG's return on assets of this year was -0.01103668. Social Chain AG's return on assets of last year was -0.20002274. ==> This year is higher. ==> Score 1.

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.

Social Chain AG's current Net Income (TTM) was -4.64. Social Chain AG's current Cash Flow from Operations (TTM) was -0.00. ==> -0.00 > -4.64 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Sep24
=0/257.0745
=0

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=217.977/526.7415
=0.41382158

Social Chain AG's gearing of this year was 0. Social Chain AG's gearing of last year was 0.41382158. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=5.382/92.271
=0.05832819

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=188.37/122.358
=1.53949885

Social Chain AG's current ratio of this year was 0.05832819. Social Chain AG's current ratio of last year was 1.53949885. ==> 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.

Social Chain AG's number of shares in issue this year was 15.755. Social Chain AG's number of shares in issue last year was 15.528. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.173/0.173
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=26.382/115.989
=0.2274526

Social Chain AG's gross margin of this year was 1. Social Chain AG's gross margin of last year was 0.2274526. ==> 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 (Dec22)
=0.173/420.235
=0.00041167

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=115.989/633.248
=0.18316521

Social Chain AG's asset turnover of this year was 0.00041167. Social Chain AG's asset turnover of last year was 0.18316521. ==> 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
=0+0+1+1+1+0+0+1+0
=4

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

Social Chain AG has an F-score of 4 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 4 mean?
Social Chain AG (FRA:PU11) has a Piotroski F-Score of 4 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Social Chain AG and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Social Chain AG's Piotroski F-Score has ranged from 3.00 to 4.00. According to the industry distribution chart, Social Chain AG ranks #339 out of 550 companies in the Interactive Media industry, placing it in the top 61.6%.
Is Social Chain AG's Piotroski F-Score too high?
Social Chain AG's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 4.00. The Interactive Media industry median Piotroski F-Score is 5.00. Social Chain AG's value of 4 is 20% below this industry median. Based on the distribution chart, Social Chain AG ranks #339 out of 550 companies in the Interactive Media industry, which is below the industry midpoint.
How does Social Chain AG's Piotroski F-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Social Chain AG ranks #339 out of 550 companies for Piotroski F-Score. This places Social Chain AG in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Social Chain AG's value of 4 is 20% below this benchmark. Historically, Social Chain AG's own Piotroski F-Score has ranged from 3.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Social Chain AG 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 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. Social Chain AG's current Piotroski F-Score of 4 is 20% 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 Social Chain AG and its competitors. For the Interactive Media 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. Social Chain AG's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Social Chain AG stock overvalued right now?
Social Chain AG (FRA:PU11) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Interactive Media industry median of 5.00. 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 Social Chain AG (FRA:PU11), the current Piotroski F-Score is 4 as of Jun. 28, 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.

Social Chain AG Business Description

Other Exchanges PU11:Germany
Address Alte Jakobstr. 85/ 86, Berlin, DEU, 10179
Social Chain AG is p is an integrated social media company that combines social media, social commerce, and brick-and-mortar retail under one roof. It focuses on brands, social experiences, and product worlds that are identified, developed, and marketed directly to end consumers (direct-to-consumer brands) via social media. It has three segments - Social Commerce, Social Media, and Retail (DS Group). Social Commerce focuses on three areas (Verticals) Food, Home & Living, Beauty & Health. Online stores are the efficient points of sale for direct-to-consumer brands. More than 70 percent of direct-to-consumer sales are generated through operating online shops. The Social Commerce segment generates maximum revenue.