Super Group (FRA:S8G1) Piotroski F-Score: 7 (As of Sep. 14, 2026) — 40% Above Median

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FRA:S8G1 Super Group Ltd FRA:S8G1
64 GF Score
Price €0.94
GF Value €1.15
! 4 Warning Signs
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What is Super Group Piotroski F-Score?

Super Group FRA:S8G1 -0.53% 64 Piotroski F-Score is 7 as of Sep. 14, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates FRA:S8G1 with a GF Score™ of 64/100 and a GF Value™ of €1.15. The stock has 4 warning signs investors should review. Among 991 Transportation companies, Super Group ranks better than 87.29% 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

Super Group 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 Super Group's Piotroski F-Score or its related term are showing as below:

FRA:S8G1' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Super Group was 8. The lowest was 3. And the median was 5.

Super Group  (FRA:S8G1) 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.


Super Group Piotroski F-Score Related Terms


Super Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Super Group'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.

Super Group Piotroski F-Score Chart

Super Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 3.00 5.00 7.00

Super Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.00 0.00 5.00 0.00 7.00

FRA:S8G1 vs UPS, FDX, EXPD: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Super Group'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.


Super Group Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Super Group's Piotroski F-Score distribution charts can be found below:

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


FRA:S8G1
64GF Score
Super Group Ltd FRA:S8G1
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was €20 Mil.
Cash Flow from Operations was €129 Mil.
Revenue was €2,427 Mil.
Gross Profit was €2,333 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was (1874.546 + 2128.058) / 2 = €2001.302 Mil.
Total Assets at the begining of this year (Jun25) was €1,875 Mil.
Long-Term Debt & Capital Lease Obligation was €440 Mil.
Total Current Assets was €1,042 Mil.
Total Current Liabilities was €871 Mil.
Net Income was €196 Mil.

Revenue was €2,100 Mil.
Gross Profit was €2,016 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was (3876.257 + 1874.546) / 2 = €2875.4015 Mil.
Total Assets at the begining of last year (Jun24) was €3,876 Mil.
Long-Term Debt & Capital Lease Obligation was €350 Mil.
Total Current Assets was €929 Mil.
Total Current Liabilities was €809 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.

Super Group's current Net Income (TTM) was 20. ==> 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.

Super Group's current Cash Flow from Operations (TTM) was 129. ==> 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 (Jun25)
=20.46/1874.546
=0.01091464

ROA (Last Year)=Net Income/Total Assets (Jun24)
=196.262/3876.257
=0.05063183

Super Group's return on assets of this year was 0.01091464. Super Group's return on assets of last year was 0.05063183. ==> 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.

Super Group's current Net Income (TTM) was 20. Super Group's current Cash Flow from Operations (TTM) was 129. ==> 129 > 20 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=439.671/2001.302
=0.21969248

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=349.608/2875.4015
=0.1215858

Super Group's gearing of this year was 0.21969248. Super Group's gearing of last year was 0.1215858. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=1041.72/870.618
=1.19652936

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=928.747/809.347
=1.14752634

Super Group's current ratio of this year was 1.19652936. Super Group's current ratio of last year was 1.14752634. ==> 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.

Super Group's number of shares in issue this year was 338.081. Super Group's number of shares in issue last year was 338.83. ==> 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
=2332.533/2427.127
=0.96102635

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2016.437/2100.421
=0.96001563

Super Group's gross margin of this year was 0.96102635. Super Group's gross margin of last year was 0.96001563. ==> 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 (Jun25)
=2427.127/1874.546
=1.29478124

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=2100.421/3876.257
=0.54186835

Super Group's asset turnover of this year was 1.29478124. Super Group's asset turnover of last year was 0.54186835. ==> 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+1+0+1+1+1+1
=7

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

Super Group 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?
Super Group (FRA:S8G1) has a Piotroski F-Score of 7 as of Sep. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Super Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Super Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Super Group ranks #126 out of 991 companies in the Transportation industry, placing it in the top 12.7%.
Is Super Group's Piotroski F-Score too high?
Super Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Super Group's value of 7 is 16.7% above this industry median. Based on the distribution chart, Super Group ranks #126 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Super Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Super Group's Piotroski F-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #126 out of 991 companies for Piotroski F-Score. This places Super Group in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Super Group's value of 7 is 16.7% above this benchmark. Historically, Super Group's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Super Group 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 991 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. Super Group's current Piotroski F-Score of 7 is 16.7% 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 Super Group and its competitors. For the Transportation 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. Super Group's current Piotroski F-Score is 7, which is 40% 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 Super Group stock overvalued right now?
Super Group (FRA:S8G1) has a current Piotroski F-Score of 7. The stock's GF Value™ is €1.15, compared to a current price of €0.94 — trading 18.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 16.7% above the Transportation industry median of 6.00. Super Group's overall GF Score™ is 64/100 with 4 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 Super Group (FRA:S8G1), the current Piotroski F-Score is 7 as of Sep. 14, 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 Super Group (FRA:S8G1) Overvalued in 2026?

Based on GuruFocus' analysis, Super Group stock appears to be undervalued. The current stock price of €0.94 is trading 18.7% below its estimated GF Value™ of €1.15.

Key valuation signals for FRA:S8G1:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €1.15 vs. price of €0.94 (18.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 16.7% above the Transportation median (#126 of 991)

No single metric tells the full story. See the FRA:S8G1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Group Business Description

Other Exchanges SPG:South Africa
Address 27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
64GF Score

Get the complete analysis for FRA:S8G1

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

€0.94
Price
€1.15
GF Value