Rush Enterprises (FRA:RUNA) Piotroski F-Score: 7 (As of Jul. 26, 2026) — 17% Above Median

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FRA:RUNA Rush Enterprises Inc FRA:RUNA
87 GF Score
Price €65.50
GF Value €42.82
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Rush Enterprises Piotroski F-Score?

Rush Enterprises FRA:RUNA 87 Piotroski F-Score is 7 as of Jul. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates FRA:RUNA with a GF Score™ of 87/100 and a GF Value™ of €42.82 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Rush Enterprises ranks better than 88.85% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Rush Enterprises has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

FRA:RUNA' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Rush Enterprises was 9. The lowest was 4. And the median was 6.

Rush Enterprises  (FRA:RUNA) 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.


Rush Enterprises Piotroski F-Score Related Terms


Rush Enterprises Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rush Enterprises'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.

Rush Enterprises Piotroski F-Score Chart

Rush Enterprises 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 6.00 4.00 5.00 6.00

Rush Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 5.00 5.00 6.00 7.00

FRA:RUNA vs VVV, AN, ABG: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.


Rush Enterprises Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Piotroski F-Score distribution charts can be found below:

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


FRA:RUNA
87GF Score
Rush Enterprises Inc FRA:RUNA
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 62.804 + 56.82 + 54.936 + 53.158 = €228 Mil.
Cash Flow from Operations was 197.36 + 313.351 + 96.411 + 52.247 = €659 Mil.
Revenue was 1673.923 + 1602.412 + 1513.197 + 1456.82 = €6,246 Mil.
Gross Profit was 329.175 + 319.289 + 297.603 + 297.387 = €1,243 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4336.345 + 4088.576 + 3879.209 + 3783.678 + 3906.388) / 5 = €3998.8392 Mil.
Total Assets at the begining of this year (Mar25) was €4,336 Mil.
Long-Term Debt & Capital Lease Obligation was €402 Mil.
Total Current Assets was €1,907 Mil.
Total Current Liabilities was €1,308 Mil.
Net Income was 73.076 + 71.298 + 71.388 + 55.798 = €272 Mil.

Revenue was 1883.109 + 1708.416 + 1919.155 + 1712.018 = €7,223 Mil.
Gross Profit was 364.529 + 341.516 + 353.456 + 330.928 = €1,390 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4258.686 + 4186.563 + 4188.272 + 4409.757 + 4336.345) / 5 = €4275.9246 Mil.
Total Assets at the begining of last year (Mar24) was €4,259 Mil.
Long-Term Debt & Capital Lease Obligation was €550 Mil.
Total Current Assets was €2,252 Mil.
Total Current Liabilities was €1,568 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.

Rush Enterprises's current Net Income (TTM) was 228. ==> 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.

Rush Enterprises's current Cash Flow from Operations (TTM) was 659. ==> 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 (Mar25)
=227.718/4336.345
=0.05251381

ROA (Last Year)=Net Income/Total Assets (Mar24)
=271.56/4258.686
=0.06376615

Rush Enterprises's return on assets of this year was 0.05251381. Rush Enterprises's return on assets of last year was 0.06376615. ==> 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.

Rush Enterprises's current Net Income (TTM) was 228. Rush Enterprises's current Cash Flow from Operations (TTM) was 659. ==> 659 > 228 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=401.812/3998.8392
=0.10048216

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=549.823/4275.9246
=0.12858576

Rush Enterprises's gearing of this year was 0.10048216. Rush Enterprises's gearing of last year was 0.12858576. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1907.4/1308.384
=1.45782889

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2251.81/1568.197
=1.43592291

Rush Enterprises's current ratio of this year was 1.45782889. Rush Enterprises's current ratio of last year was 1.43592291. ==> 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.

Rush Enterprises's number of shares in issue this year was 79.871. Rush Enterprises's number of shares in issue last year was 82.381. ==> 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
=1243.454/6246.352
=0.19906883

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1390.429/7222.698
=0.19250826

Rush Enterprises's gross margin of this year was 0.19906883. Rush Enterprises's gross margin of last year was 0.19250826. ==> 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 (Mar25)
=6246.352/4336.345
=1.44046472

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=7222.698/4258.686
=1.69599214

Rush Enterprises's asset turnover of this year was 1.44046472. Rush Enterprises's asset turnover of last year was 1.69599214. ==> 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+1+1+1+0
=7

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

Rush Enterprises has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Rush Enterprises (FRA:RUNA) has a Piotroski F-Score of 7 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rush Enterprises and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Rush Enterprises' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Rush Enterprises ranks #143 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 11.1%.
Is Rush Enterprises' Piotroski F-Score too high?
Rush Enterprises' current Piotroski F-Score of 7 is 17% above 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 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Rush Enterprises' value of 7 is 40% above this industry median. Based on the distribution chart, Rush Enterprises ranks #143 out of 1283 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Rush Enterprises has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rush Enterprises' Piotroski F-Score compare to VVV and AN?
According to the Vehicles & Parts industry distribution chart, Rush Enterprises ranks #143 out of 1283 companies for Piotroski F-Score. This places Rush Enterprises in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Rush Enterprises' value of 7 is 40% above this benchmark. Historically, Rush Enterprises' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Rush Enterprises 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,283 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. Rush Enterprises's current Piotroski F-Score of 7 is 40% 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 Rush Enterprises and its competitors. For the Vehicles & Parts 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. Rush Enterprises's current Piotroski F-Score is 7, which is 17% above 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 Rush Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Rush Enterprises (FRA:RUNA) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.82, compared to a current price of €65.50 — trading 53% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. Rush Enterprises' overall GF Score™ is 87/100 with 9 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 Rush Enterprises (FRA:RUNA), the current Piotroski F-Score is 7 as of Jul. 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 Rush Enterprises (FRA:RUNA) Overvalued in 2026?

Based on GuruFocus' analysis, Rush Enterprises stock appears to be overvalued. The current stock price of €65.50 is trading 53% above its estimated GF Value™ of €42.82. GuruFocus considers Rush Enterprises to be Significantly Overvalued.

Key valuation signals for FRA:RUNA:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €42.82 vs. price of €65.50 (53% above fair value)
  • GF Score™: 87/100 with 9 warning signs
  • Industry Position: 40% above the Vehicles & Parts median (#143 of 1283)

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


Rush Enterprises Business Description

Address 555 IH 35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States and Ontario, Canada commercial vehicle markets and related aftermarkets.
87GF Score

Get the complete analysis for FRA:RUNA

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

€65.50
Price
€42.82
GF Value