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Infortar ASFRA:X8K +0.37%56 Piotroski F-Score is 5 as of Aug. 07, 2026, which is at its 10-year median of 5.00. GuruFocus rates FRA:X8K with a GF Score™ of 56/100 and a GF Value™ of €59.53 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,591 Asset Management companies, Infortar AS ranks better than 63.42% 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
Infortar AS 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 Infortar AS's Piotroski F-Score or its related term are showing as below:
FRA:X8K'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 5
During the past 6 years, the highest Piotroski F-Score of Infortar AS was 6. The lowest was 2. And the median was 5.
Infortar AS (FRA:X8K) 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.
Infortar AS Piotroski F-Score Related Terms
Infortar AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Infortar AS'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.
FRA:X8K vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Infortar AS'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.
Infortar AS Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Infortar AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Infortar AS'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.
*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.
Infortar AS's current Net Income (TTM) was 90.
==> 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.
Infortar AS's return on assets of this year was 0.03615955. Infortar AS's return on assets of last year was 0.06512291.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Infortar AS's gearing of this year was 0.30370837. Infortar AS's gearing of last year was 0.27904277.
==> 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
Infortar AS's current ratio of this year was 0.96484318. Infortar AS's current ratio of last year was 0.7692786.
==> 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.
Infortar AS's number of shares in issue this year was 20.639. Infortar AS's number of shares in issue last year was 20.444.
==> 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.
Infortar AS's gross margin of this year was 0.14922711. Infortar AS's gross margin of last year was 0.09000031.
==> 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
Infortar AS's asset turnover of this year was 0.73262082. Infortar AS's asset turnover of last year was 1.16878865.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Infortar AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Infortar AS (FRA:X8K) has a Piotroski F-Score of 5 as of Aug. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Infortar AS and its competitors. This is near median its historical median of 5.00. Over the past decade, Infortar AS's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Infortar AS ranks #582 out of 1591 companies in the Asset Management industry, placing it in the top 36.6%.
Is Infortar AS's Piotroski F-Score too high?
Infortar AS's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Infortar AS's value of 5 is 0% at this industry median. Based on the distribution chart, Infortar AS ranks #582 out of 1591 companies in the Asset Management industry, which is above the industry midpoint. Overall, Infortar AS has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Infortar AS's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Infortar AS ranks #582 out of 1591 companies for Piotroski F-Score. This puts Infortar AS in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Infortar AS's value of 5 is 0% at this benchmark. Historically, Infortar AS's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Infortar AS has consistently been at 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 1,591 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. Infortar AS's current Piotroski F-Score of 5 is 0% at 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 Infortar AS 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. Infortar AS's current Piotroski F-Score is 5, which is near 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 Infortar AS stock overvalued right now?
Based on GuruFocus' analysis, Infortar AS (FRA:X8K) is currently considered Fairly Valued. The stock's GF Value™ is €59.53, compared to a current price of €54.20 — trading 9% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Asset Management industry median of 5.00. Infortar AS's overall GF Score™ is 56/100 with 11 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 Infortar AS (FRA:X8K), the current Piotroski F-Score is 5 as of Aug. 07, 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 Infortar AS (FRA:X8K) Overvalued in 2026?
Based on GuruFocus' analysis, Infortar AS stock appears to be undervalued.
The current stock price of €54.20 is trading 9% below its estimated GF Value™ of €59.53.
GuruFocus considers Infortar AS to be Fairly Valued.
Key valuation signals for FRA:X8K:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: €59.53 vs. price of €54.20 (9% below fair value)
Industry Position: 0% at the Asset Management median (#582 of 1591)
No single metric tells the full story. See the FRA:X8K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are Energy, Maritime transport, Real estate, and Supporting segments. The Energy segment includes biogas production, resale and distribution of natural gas, and sale of electricity; the Real estate includes all companies in the group that lease or develop investment property; Maritime transport includes Tallink Grupp (an affiliated undertaking of the group) and its subsidiaries); and Supporting segments includes agriculture, engineering, construction minerals, printing, and other fields. Its geographic regions are Estonia, Finland, Lithuania, Latvia, the Rest of the European Union, and Countries not in the EU. It generates the majority of its revenue from Estonia.
56GF Score
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