Star Plus Legend Holdings (FRA:VK1) Piotroski F-Score: 2 (As of Sep. 02, 2026) — 50% Below Median

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FRA:VK1 Star Plus Legend Holdings Ltd FRA:VK1
34 GF Score
Price €0.40
GF Value €0.80
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Star Plus Legend Holdings Piotroski F-Score?

Star Plus Legend Holdings FRA:VK1 -2.46% 34 Piotroski F-Score is 2 as of Sep. 02, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates FRA:VK1 with a GF Score™ of 34/100 and a GF Value™ of €0.80 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Star Plus Legend Holdings ranks worse than 94.5% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Star Plus Legend Holdings has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Star Plus Legend Holdings's Piotroski F-Score or its related term are showing as below:

FRA:VK1' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 2

During the past 7 years, the highest Piotroski F-Score of Star Plus Legend Holdings was 6. The lowest was 2. And the median was 4.

Star Plus Legend Holdings  (FRA:VK1) 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.


Star Plus Legend Holdings Piotroski F-Score Related Terms


Star Plus Legend Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Star Plus Legend Holdings'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.

Star Plus Legend Holdings Piotroski F-Score Chart

Star Plus Legend Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 3.00 6.00 4.00 4.00 2.00

Star Plus Legend Holdings Semi-Annual Data
Dec19 Dec20 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 0.00 4.00 0.00 2.00 0.00

FRA:VK1 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Star Plus Legend Holdings'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.


Star Plus Legend Holdings Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Star Plus Legend Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Star Plus Legend Holdings's Piotroski F-Score falls into.


FRA:VK1
34GF Score
Star Plus Legend Holdings Ltd FRA:VK1
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 €-4.41 Mil.
Cash Flow from Operations was €-46.96 Mil.
Revenue was €57.28 Mil.
Gross Profit was €22.24 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (163.504 + 227.524) / 2 = €195.514 Mil.
Total Assets at the begining of this year (Dec24) was €163.50 Mil.
Long-Term Debt & Capital Lease Obligation was €1.16 Mil.
Total Current Assets was €190.25 Mil.
Total Current Liabilities was €37.18 Mil.
Net Income was €7.35 Mil.

Revenue was €76.60 Mil.
Gross Profit was €42.89 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (115.916 + 163.504) / 2 = €139.71 Mil.
Total Assets at the begining of last year (Dec23) was €115.92 Mil.
Long-Term Debt & Capital Lease Obligation was €0.95 Mil.
Total Current Assets was €135.06 Mil.
Total Current Liabilities was €36.67 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.

Star Plus Legend Holdings's current Net Income (TTM) was -4.41. ==> Negative ==> Score 0.

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.

Star Plus Legend Holdings's current Cash Flow from Operations (TTM) was -46.96. ==> 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)
=-4.411/163.504
=-0.02697793

ROA (Last Year)=Net Income/Total Assets (Dec23)
=7.353/115.916
=0.06343387

Star Plus Legend Holdings's return on assets of this year was -0.02697793. Star Plus Legend Holdings's return on assets of last year was 0.06343387. ==> 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.

Star Plus Legend Holdings's current Net Income (TTM) was -4.41. Star Plus Legend Holdings's current Cash Flow from Operations (TTM) was -46.96. ==> -46.96 <= -4.41 ==> 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
=1.16/195.514
=0.00593308

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.951/139.71
=0.00680696

Star Plus Legend Holdings's gearing of this year was 0.00593308. Star Plus Legend Holdings's gearing of last year was 0.00680696. ==> 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
=190.25/37.182
=5.11672315

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=135.056/36.674
=3.68260893

Star Plus Legend Holdings's current ratio of this year was 5.11672315. Star Plus Legend Holdings's current ratio of last year was 3.68260893. ==> 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.

Star Plus Legend Holdings's number of shares in issue this year was 878.924. Star Plus Legend Holdings's number of shares in issue last year was 849.991. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=22.244/57.277
=0.38835833

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=42.894/76.604
=0.55994465

Star Plus Legend Holdings's gross margin of this year was 0.38835833. Star Plus Legend Holdings's gross margin of last year was 0.55994465. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=57.277/163.504
=0.35030947

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=76.604/115.916
=0.66085786

Star Plus Legend Holdings's asset turnover of this year was 0.35030947. Star Plus Legend Holdings's asset turnover of last year was 0.66085786. ==> 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
=0+0+0+0+1+1+0+0+0
=2

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

Star Plus Legend Holdings has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Star Plus Legend Holdings (FRA:VK1) has a Piotroski F-Score of 2 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Star Plus Legend Holdings and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Star Plus Legend Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Star Plus Legend Holdings ranks #1823 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 94.5%.
Is Star Plus Legend Holdings' Piotroski F-Score too high?
Star Plus Legend Holdings' current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Star Plus Legend Holdings' value of 2 is 60% below this industry median. Based on the distribution chart, Star Plus Legend Holdings ranks #1823 out of 1929 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Star Plus Legend Holdings has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Star Plus Legend Holdings' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Star Plus Legend Holdings ranks #1823 out of 1929 companies for Piotroski F-Score. This places Star Plus Legend Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Star Plus Legend Holdings' value of 2 is 60% below this benchmark. Historically, Star Plus Legend Holdings' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Star Plus Legend Holdings 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,929 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. Star Plus Legend Holdings's current Piotroski F-Score of 2 is 60% 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 Star Plus Legend Holdings and its competitors. For the Consumer Packaged Goods 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. Star Plus Legend Holdings's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Plus Legend Holdings stock overvalued right now?
Based on GuruFocus' analysis, Star Plus Legend Holdings (FRA:VK1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.40 — trading 50.5% below its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Star Plus Legend Holdings' overall GF Score™ is 34/100 with 8 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 Star Plus Legend Holdings (FRA:VK1), the current Piotroski F-Score is 2 as of Sep. 02, 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 Star Plus Legend Holdings (FRA:VK1) Overvalued in 2026?

Based on GuruFocus' analysis, Star Plus Legend Holdings stock appears to be undervalued. The current stock price of €0.40 is trading 50.5% below its estimated GF Value™ of €0.80. GuruFocus considers Star Plus Legend Holdings to be Possible Value Trap.

Key valuation signals for FRA:VK1:

  • Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
  • GF Value™: €0.80 vs. price of €0.40 (50.5% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 60% below the Consumer Packaged Goods median (#1823 of 1929)

No single metric tells the full story. See the FRA:VK1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Plus Legend Holdings Business Description

Other Exchanges 06683:Hong Kong
Address 1777 Lvdi Boulevard, Star Plus Legend Tower, Huaqiao Town, Jiangsu Province, Kunshan, CHN
Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company develops and sells health management products and skincare products. It has two segments, namely the new retail segment, which develops and sells health management and skincare products through various online and offline channels; and the IP creation and operation segment, where the Group creates and manages celebrity IPs, provides planning and management services to the production of media contents and events and licenses its celebrity IPs and sells related products. The majority of revenue is derived from the New retail business.
34GF Score

Get the complete analysis for FRA:VK1

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

€0.40
Price
€0.80
GF Value