Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Petrol dd LjubljanaFRA:Q9K -1.00%55 Piotroski F-Score is 5 as of Sep. 21, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates FRA:Q9K with a GF Score™ of 55/100 and a GF Value™ of €40.92 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 540 Conglomerates companies, Petrol dd Ljubljana ranks worse than 51.48% 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
Petrol dd Ljubljana 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 Petrol dd Ljubljana's Piotroski F-Score or its related term are showing as below:
FRA:Q9K'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Petrol dd Ljubljana was 9. The lowest was 5. And the median was 7.
Petrol dd Ljubljana (FRA:Q9K) 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.
Petrol dd Ljubljana Piotroski F-Score Related Terms
Petrol dd Ljubljana Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Petrol dd Ljubljana'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 Conglomerates subindustry, Petrol dd Ljubljana'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.
Petrol dd Ljubljana Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Petrol dd Ljubljana's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Petrol dd Ljubljana'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.
Net Income was 68.192147 + 19.967479 + 30.851 + 44.144 = €163 Mil.
Revenue was 1576.364871 + 1586.76973 + 1529.273 + 1457.732 = €6,150 Mil. Gross Profit was 86.272937 + 48.232125 + 37.405 + 69.875 = €242 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(2456.452363 + 2415.612626 + 2476.216 + 2418.845 + 2392.036) / 5 = €2431.8323978 Mil. Total Assets at the begining of last year (Jun24) was €2,456 Mil. Long-Term Debt & Capital Lease Obligation was €360 Mil. Total Current Assets was €1,058 Mil. Total Current Liabilities was €978 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.
Petrol dd Ljubljana's current Net Income (TTM) was 156.
==> 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.
Petrol dd Ljubljana's return on assets of this year was 0.06521892. Petrol dd Ljubljana's return on assets of last year was 0.0664188.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Petrol dd Ljubljana's gearing of this year was 0.15768206. Petrol dd Ljubljana's gearing of last year was 0.14802912.
==> 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
Petrol dd Ljubljana's current ratio of this year was 1.11832847. Petrol dd Ljubljana's current ratio of last year was 1.08159657.
==> 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.
Petrol dd Ljubljana's number of shares in issue this year was 0. Petrol dd Ljubljana's number of shares in issue last year was 0.
==> 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.
Petrol dd Ljubljana's gross margin of this year was 0.03631856. Petrol dd Ljubljana's gross margin of last year was 0.03931375.
==> 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
Petrol dd Ljubljana's asset turnover of this year was 2.71661798. Petrol dd Ljubljana's asset turnover of last year was 2.50366736.
==> This year's asset turnover is higher. ==> Score 1.
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
+
0
+
0
+
1
+
1
+
0
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Petrol dd Ljubljana has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Petrol dd Ljubljana (FRA:Q9K) has a Piotroski F-Score of 5 as of Sep. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Petrol dd Ljubljana and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Petrol dd Ljubljana's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Petrol dd Ljubljana ranks #278 out of 540 companies in the Conglomerates industry, placing it in the top 51.5%.
Is Petrol dd Ljubljana's Piotroski F-Score too high?
Petrol dd Ljubljana's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 6.00. Petrol dd Ljubljana's value of 5 is 16.7% below this industry median. Based on the distribution chart, Petrol dd Ljubljana ranks #278 out of 540 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Petrol dd Ljubljana has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petrol dd Ljubljana's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Petrol dd Ljubljana ranks #278 out of 540 companies for Piotroski F-Score. This places Petrol dd Ljubljana in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Petrol dd Ljubljana's value of 5 is 16.7% below this benchmark. Historically, Petrol dd Ljubljana's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Petrol dd Ljubljana 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 6.00, based on 540 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. Petrol dd Ljubljana'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 Petrol dd Ljubljana and its competitors. For the Conglomerates 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. Petrol dd Ljubljana's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrol dd Ljubljana stock overvalued right now?
Based on GuruFocus' analysis, Petrol dd Ljubljana (FRA:Q9K) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.92, compared to a current price of €59.40 — trading 45.2% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 16.7% below the Conglomerates industry median of 6.00. Petrol dd Ljubljana's overall GF Score™ is 55/100 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 Petrol dd Ljubljana (FRA:Q9K), the current Piotroski F-Score is 5 as of Sep. 21, 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 Petrol dd Ljubljana (FRA:Q9K) Overvalued in 2026?
Based on GuruFocus' analysis, Petrol dd Ljubljana stock appears to be overvalued.
The current stock price of €59.40 is trading 45.2% above its estimated GF Value™ of €40.92.
GuruFocus considers Petrol dd Ljubljana to be Significantly Overvalued.
Key valuation signals for FRA:Q9K:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: €40.92 vs. price of €59.40 (45.2% above fair value)
Industry Position: 16.7% below the Conglomerates median (#278 of 540)
No single metric tells the full story. See the FRA:Q9K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrol dd Ljubljana is a Slovenia-based energy company, which provides oil and other energy products. The company's segment includes Fuels and petroleum products; Merchandise and services; Energy and solutions and others. It generates maximum revenue from the Fuels and petroleum products segment. The Fuels and petroleum products segment includes sales of petroleum products, sales of liquefied petroleum gas and other alternative energy products, transport, storage, and handling of fuels, revenue from payment cards, biomass sales, and sale of tyres, inner tubes, and batteries. Geographically, the company derives key revenue from Slovenia and the rest from Croatia, Austria, Serbia, Montenegro, Romania, and other countries.
55GF Score
Get the complete analysis for FRA:Q9K
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:Q9K has been successfully added to your 
