Phoenix Mecano AG (FRA:PXM0) Piotroski F-Score: 6 (As of Jul. 16, 2026) — Near Median

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FRA:PXM0 Phoenix Mecano AG FRA:PXM0
77 GF Score
Price €462.00
GF Value €480.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Phoenix Mecano AG Piotroski F-Score?

Phoenix Mecano AG FRA:PXM0 +1.76% 77 Piotroski F-Score is 6 as of Jul. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:PXM0 with a GF Score™ of 77/100 and a GF Value™ of €480.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,970 Industrial Products companies, Phoenix Mecano AG ranks better than 75.49% 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

Phoenix Mecano AG 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 Phoenix Mecano AG's Piotroski F-Score or its related term are showing as below:

FRA:PXM0' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Phoenix Mecano AG was 8. The lowest was 4. And the median was 6.

Phoenix Mecano AG  (FRA:PXM0) 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.


Phoenix Mecano AG Piotroski F-Score Related Terms


Phoenix Mecano AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Phoenix Mecano 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.

Phoenix Mecano AG Piotroski F-Score Chart

Phoenix Mecano AG 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 7.00 7.00 8.00 6.00 6.00

Phoenix Mecano AG 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 8.00 0.00 6.00 0.00 6.00

FRA:PXM0 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Phoenix Mecano 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.


Phoenix Mecano AG Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoenix Mecano AG's Piotroski F-Score distribution charts can be found below:

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


FRA:PXM0
77GF Score
Phoenix Mecano AG FRA:PXM0
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 €30.3 Mil.
Cash Flow from Operations was €33.1 Mil.
Revenue was €747.3 Mil.
Gross Profit was €384.0 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (623.802 + 596.116) / 2 = €609.959 Mil.
Total Assets at the begining of this year (Dec24) was €623.8 Mil.
Long-Term Debt & Capital Lease Obligation was €49.5 Mil.
Total Current Assets was €396.5 Mil.
Total Current Liabilities was €259.1 Mil.
Net Income was €34.6 Mil.

Revenue was €770.8 Mil.
Gross Profit was €382.3 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (601.412 + 623.802) / 2 = €612.607 Mil.
Total Assets at the begining of last year (Dec23) was €601.4 Mil.
Long-Term Debt & Capital Lease Obligation was €95.4 Mil.
Total Current Assets was €427.4 Mil.
Total Current Liabilities was €223.0 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.

Phoenix Mecano AG's current Net Income (TTM) was 30.3. ==> 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.

Phoenix Mecano AG's current Cash Flow from Operations (TTM) was 33.1. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=30.26/623.802
=0.04850898

ROA (Last Year)=Net Income/Total Assets (Dec23)
=34.554/601.412
=0.05745479

Phoenix Mecano AG's return on assets of this year was 0.04850898. Phoenix Mecano AG's return on assets of last year was 0.05745479. ==> 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.

Phoenix Mecano AG's current Net Income (TTM) was 30.3. Phoenix Mecano AG's current Cash Flow from Operations (TTM) was 33.1. ==> 33.1 > 30.3 ==> 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
=49.511/609.959
=0.08117103

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=95.424/612.607
=0.15576707

Phoenix Mecano AG's gearing of this year was 0.08117103. Phoenix Mecano AG's gearing of last year was 0.15576707. ==> 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
=396.499/259.081
=1.53040555

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=427.405/223.017
=1.91646825

Phoenix Mecano AG's current ratio of this year was 1.53040555. Phoenix Mecano AG's current ratio of last year was 1.91646825. ==> 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.

Phoenix Mecano AG's number of shares in issue this year was 0.928. Phoenix Mecano AG's number of shares in issue last year was 0.947. ==> 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
=384.022/747.34
=0.51385179

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=382.334/770.773
=0.49603969

Phoenix Mecano AG's gross margin of this year was 0.51385179. Phoenix Mecano AG's gross margin of last year was 0.49603969. ==> 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)
=747.34/623.802
=1.1980404

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=770.773/601.412
=1.28160562

Phoenix Mecano AG's asset turnover of this year was 1.1980404. Phoenix Mecano AG's asset turnover of last year was 1.28160562. ==> 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

Phoenix Mecano AG 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?
Phoenix Mecano AG (FRA:PXM0) has a Piotroski F-Score of 6 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Phoenix Mecano AG and its competitors. This is near median its historical median of 6.00. Over the past decade, Phoenix Mecano AG's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Phoenix Mecano AG ranks #728 out of 2970 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Phoenix Mecano AG's Piotroski F-Score too high?
Phoenix Mecano AG'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 4.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Phoenix Mecano AG's value of 6 is 20% above this industry median. Based on the distribution chart, Phoenix Mecano AG ranks #728 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Mecano AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mecano AG's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Phoenix Mecano AG ranks #728 out of 2970 companies for Piotroski F-Score. This places Phoenix Mecano AG in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Phoenix Mecano AG's value of 6 is 20% above this benchmark. Historically, Phoenix Mecano AG'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 5.00, Phoenix Mecano AG 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,970 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. Phoenix Mecano AG'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 Phoenix Mecano AG and its competitors. For the Industrial Products 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. Phoenix Mecano AG'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 Phoenix Mecano AG stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mecano AG (FRA:PXM0) is currently considered Fairly Valued. The stock's GF Value™ is €480.12, compared to a current price of €462.00 — trading 3.8% below 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 Industrial Products industry median of 5.00. Phoenix Mecano AG's overall GF Score™ is 77/100 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 Phoenix Mecano AG (FRA:PXM0), the current Piotroski F-Score is 6 as of Jul. 16, 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 Phoenix Mecano AG (FRA:PXM0) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix Mecano AG stock appears to be undervalued. The current stock price of €462.00 is trading 3.8% below its estimated GF Value™ of €480.12. GuruFocus considers Phoenix Mecano AG to be Fairly Valued.

Key valuation signals for FRA:PXM0:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €480.12 vs. price of €462.00 (3.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 20% above the Industrial Products median (#728 of 2970)

No single metric tells the full story. See the FRA:PXM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phoenix Mecano AG Business Description

Address Hofwisenstrasse 6, Stein am Rhein, CHE, 8260
Phoenix Mecano AG is a technology company with market shares in international growth markets, manufacturing components and system solutions such as technical enclosures, electronic components, and electrical drives, mechanisms, and control systems for adjustable comfort and healthcare furniture and hospital beds. Its products are used across applications, including mechanical engineering, measurement and control technology, electrical engineering, automotive and railway technology, energy, medical, aerospace, and home and hospital care. The Group operates through three divisions: Enclosure Systems, Industrial Components, and DewertOkin Technology Group. It operates in Switzerland, Germany, the United Kingdom, France, Italy, the Netherlands, and other countries.
77GF Score

Get the complete analysis for FRA:PXM0

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

€462.00
Price
€480.12
GF Value