Energy Services of America (FRA:YF0) Piotroski F-Score: 6 (As of Jun. 28, 2026) — Near Median


FRA:YF0 Energy Services of America Corp FRA:YF0
59 GF Score
Price €15.56
GF Value €8.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Energy Services of America Piotroski F-Score?

Energy Services of America FRA:YF0 +4.57% 59 Piotroski F-Score is 6 as of Jun. 28, 2026, which is at its 10-year median of 6.00. GuruFocus rates FRA:YF0 with a GF Score™ of 59/100 and a GF Value™ of €8.68 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,729 Construction companies, Energy Services of America ranks better than 74.09% 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

Energy Services of America 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 Energy Services of America's Piotroski F-Score or its related term are showing as below:

FRA:YF0' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Energy Services of America was 9. The lowest was 1. And the median was 6.

Energy Services of America  (FRA:YF0) 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.


Energy Services of America Piotroski F-Score Related Terms


Energy Services of America Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Energy Services of America'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.

Energy Services of America Piotroski F-Score Chart

Energy Services of America Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 7.00 6.00 7.00 4.00

Energy Services of America 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 3.00 4.00 4.00 6.00

FRA:YF0 vs PHOE, VATE, MTRX: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Energy Services of America'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.


Energy Services of America Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Energy Services of America's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Energy Services of America's Piotroski F-Score falls into.


FRA:YF0
59GF Score
Energy Services of America Corp FRA:YF0
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 1.805 + 3.615 + 2.31 + 0.187 = €7.9 Mil.
Cash Flow from Operations was 2.976 + -7.911 + 16.047 + 3.153 = €14.3 Mil.
Revenue was 89.823 + 110.824 + 97.452 + 80.595 = €378.7 Mil.
Gross Profit was 10.389 + 14.017 + 11.951 + 8.851 = €45.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(157.459 + 163.968 + 183.356 + 171.644 + 167.708) / 5 = €168.827 Mil.
Total Assets at the begining of this year (Mar25) was €157.5 Mil.
Long-Term Debt & Capital Lease Obligation was €14.3 Mil.
Total Current Assets was €106.6 Mil.
Total Current Liabilities was €76.0 Mil.
Net Income was 16.271 + 5.999 + 0.816 + -6.288 = €16.8 Mil.

Revenue was 79.823 + 94.3 + 96.117 + 70.928 = €341.2 Mil.
Gross Profit was 14.221 + 15.829 + 9.802 + 0.072 = €39.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(125.227 + 138.28 + 142.581 + 183.458 + 157.459) / 5 = €149.401 Mil.
Total Assets at the begining of last year (Mar24) was €125.2 Mil.
Long-Term Debt & Capital Lease Obligation was €29.6 Mil.
Total Current Assets was €96.4 Mil.
Total Current Liabilities was €73.8 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.

Energy Services of America's current Net Income (TTM) was 7.9. ==> 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.

Energy Services of America's current Cash Flow from Operations (TTM) was 14.3. ==> 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)
=7.917/157.459
=0.05027976

ROA (Last Year)=Net Income/Total Assets (Mar24)
=16.798/125.227
=0.1341404

Energy Services of America's return on assets of this year was 0.05027976. Energy Services of America's return on assets of last year was 0.1341404. ==> 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.

Energy Services of America's current Net Income (TTM) was 7.9. Energy Services of America's current Cash Flow from Operations (TTM) was 14.3. ==> 14.3 > 7.9 ==> 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
=14.344/168.827
=0.08496271

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=29.595/149.401
=0.19809104

Energy Services of America's gearing of this year was 0.08496271. Energy Services of America's gearing of last year was 0.19809104. ==> 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
=106.603/75.993
=1.40280026

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=96.389/73.815
=1.3058186

Energy Services of America's current ratio of this year was 1.40280026. Energy Services of America's current ratio of last year was 1.3058186. ==> 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.

Energy Services of America's number of shares in issue this year was 17.568. Energy Services of America's number of shares in issue last year was 16.717. ==> 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
=45.208/378.694
=0.11937871

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=39.924/341.168
=0.11702153

Energy Services of America's gross margin of this year was 0.11937871. Energy Services of America's gross margin of last year was 0.11702153. ==> 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)
=378.694/157.459
=2.40503242

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=341.168/125.227
=2.7243965

Energy Services of America's asset turnover of this year was 2.40503242. Energy Services of America's asset turnover of last year was 2.7243965. ==> 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+0+1+0
=6

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

Energy Services of America 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?
Energy Services of America (FRA:YF0) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Energy Services of America and its competitors. This is near median its historical median of 6.00. Over the past decade, Energy Services of America's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Energy Services of America ranks #448 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Energy Services of America's Piotroski F-Score too high?
Energy Services of America's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Energy Services of America's value of 6 is 20% above this industry median. Based on the distribution chart, Energy Services of America ranks #448 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Energy Services of America has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Piotroski F-Score compare to PHOE and VATE?
According to the Construction industry distribution chart, Energy Services of America ranks #448 out of 1729 companies for Piotroski F-Score. This puts Energy Services of America in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Energy Services of America's value of 6 is 20% above this benchmark. Historically, Energy Services of America's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Energy Services of America 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. Energy Services of America'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 Energy Services of America and its competitors. For the Construction 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. Energy Services of America's current Piotroski F-Score is 6, which is near 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 Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (FRA:YF0) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.68, compared to a current price of €15.56 — trading 79.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Energy Services of America's overall GF Score™ is 59/100 with 5 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 Energy Services of America (FRA:YF0), the current Piotroski F-Score is 6 as of Jun. 28, 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 Energy Services of America (FRA:YF0) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued. The current stock price of €15.56 is trading 79.3% above its estimated GF Value™ of €8.68. GuruFocus considers Energy Services of America to be Significantly Overvalued.

Key valuation signals for FRA:YF0:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €8.68 vs. price of €15.56 (79.3% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 20% above the Construction median (#448 of 1729)

No single metric tells the full story. See the FRA:YF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Services of America Business Description

Other Exchanges ESOA:USA
Address 75 West 3rd Avenue, Huntington, WV, USA, 25701
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
59GF Score

Get the complete analysis for FRA:YF0

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

€15.56
Price
€8.68
GF Value