Camerit AG (FRA:RTML) Piotroski F-Score: 6 (As of Jul. 13, 2026) — 20% Above Median


FRA:RTML Camerit AG FRA:RTML
22 GF Score
Price €18.60
GF Value €109.60
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Camerit AG Piotroski F-Score?

Camerit AG FRA:RTML 22 Piotroski F-Score is 6 as of Jul. 13, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FRA:RTML with a GF Score™ of 22/100 and a GF Value™ of €109.60 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,595 Asset Management companies, Camerit AG ranks better than 82.26% 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

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

FRA:RTML' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 6

During the past 13 years, the highest Piotroski F-Score of Camerit AG was 6. The lowest was 4. And the median was 5.

Camerit AG  (FRA:RTML) 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.


Camerit AG Piotroski F-Score Related Terms


Camerit AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Camerit 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.

Camerit AG Piotroski F-Score Chart

Camerit 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 4.00 5.00 4.00 4.00 6.00

Camerit 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 4.00 0.00 4.00 0.00 6.00

FRA:RTML vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, Camerit 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.


Camerit AG Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Camerit AG's Piotroski F-Score distribution charts can be found below:

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


FRA:RTML
22GF Score
Camerit AG FRA:RTML
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 €0.00 Mil.
Cash Flow from Operations was €-0.04 Mil.
Revenue was €0.20 Mil.
Gross Profit was €0.15 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2.537 + 2.551) / 2 = €2.544 Mil.
Total Assets at the begining of this year (Dec24) was €2.54 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €2.54 Mil.
Total Current Liabilities was €0.24 Mil.
Net Income was €-0.08 Mil.

Revenue was €0.00 Mil.
Gross Profit was €-0.06 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (6.912 + 2.537) / 2 = €4.7245 Mil.
Total Assets at the begining of last year (Dec23) was €6.91 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €2.53 Mil.
Total Current Liabilities was €0.23 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.

Camerit AG's current Net Income (TTM) was 0.00. ==> 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.

Camerit AG's current Cash Flow from Operations (TTM) was -0.04. ==> 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 (Dec24)
=0.001/2.537
=0.00039417

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-0.083/6.912
=-0.0120081

Camerit AG's return on assets of this year was 0.00039417. Camerit AG's return on assets of last year was -0.0120081. ==> 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.

Camerit AG's current Net Income (TTM) was 0.00. Camerit AG's current Cash Flow from Operations (TTM) was -0.04. ==> -0.04 <= 0.00 ==> CFROA <= ROA ==> Score 0.

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
=0/2.544
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/4.7245
=0

Camerit AG's gearing of this year was 0. Camerit AG's gearing of last year was 0. ==> 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
=2.542/0.237
=10.7257384

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2.528/0.225
=11.23555556

Camerit AG's current ratio of this year was 10.7257384. Camerit AG's current ratio of last year was 11.23555556. ==> 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.

Camerit AG's number of shares in issue this year was 0.1. Camerit AG's number of shares in issue last year was 0.1. ==> 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
=0.145/0.2
=0.725

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.055/0
=

Camerit AG's gross margin of this year was 0.725. Camerit AG's gross margin of last year was . ==> 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)
=0.2/2.537
=0.07883327

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/6.912
=0

Camerit AG's asset turnover of this year was 0.07883327. Camerit AG's asset turnover of last year was 0. ==> 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+0+1+0+1+0+1+1+1
=6

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

Camerit 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?
Camerit AG (FRA:RTML) has a Piotroski F-Score of 6 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Camerit AG and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Camerit AG's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Camerit AG ranks #283 out of 1595 companies in the Asset Management industry, placing it in the top 17.7%.
Is Camerit AG's Piotroski F-Score too high?
Camerit AG's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Camerit AG's value of 6 is 20% above this industry median. Based on the distribution chart, Camerit AG ranks #283 out of 1595 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Camerit AG has a GF Score™ of 22/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Camerit AG's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Camerit AG ranks #283 out of 1595 companies for Piotroski F-Score. This places Camerit AG in the top 18% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Camerit AG's value of 6 is 20% above this benchmark. Historically, Camerit AG's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Camerit 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,595 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. Camerit 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 Camerit AG and its competitors. For the Asset Management 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. Camerit AG's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camerit AG stock overvalued right now?
Based on GuruFocus' analysis, Camerit AG (FRA:RTML) is currently considered Significantly Undervalued. The stock's GF Value™ is €109.60, compared to a current price of €18.60 — trading 83% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Asset Management industry median of 5.00. Camerit AG's overall GF Score™ is 22/100 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 Camerit AG (FRA:RTML), the current Piotroski F-Score is 6 as of Jul. 13, 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 Camerit AG (FRA:RTML) Overvalued in 2026?

Based on GuruFocus' analysis, Camerit AG stock appears to be undervalued. The current stock price of €18.60 is trading 83% below its estimated GF Value™ of €109.60. GuruFocus considers Camerit AG to be Significantly Undervalued.

Key valuation signals for FRA:RTML:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €109.60 vs. price of €18.60 (83% below fair value)
  • GF Score™: 22/100 with 2 warning signs
  • Industry Position: 20% above the Asset Management median (#283 of 1595)

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


Camerit AG Business Description

Other Exchanges RTML:Germany
Address Wendenstrasse 1A, Hamburg, SH, DEU, 20097
Camerit AG is engaged in the acquisition, sale, holding and management of investments in companies in Germany and abroad, in particular those that operate as capital management companies or provide services such as arranging financial investments or debt capital or arranging the conclusion of insurance contracts, or act as a personally liable partner, managing limited partner or trustee limited partner for companies, bringing them together under one management and holding and managing their own assets.
22GF Score

Get the complete analysis for FRA:RTML

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

€18.60
Price
€109.60
GF Value