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Jacobs SolutionsFRA:Z0Y -0.81%72 Piotroski F-Score is 5 as of Aug. 19, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates FRA:Z0Y with a GF Score™ of 72/100 and a GF Value™ of €117.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,736 Construction companies, Jacobs Solutions ranks better than 52.71% 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
Jacobs Solutions 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 Jacobs Solutions's Piotroski F-Score or its related term are showing as below:
FRA:Z0Y'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Jacobs Solutions was 8. The lowest was 4. And the median was 6.
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.
Jacobs Solutions Piotroski F-Score Related Terms
Jacobs Solutions Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Jacobs Solutions'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:Z0Y vs APG, DY, IESC: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Jacobs Solutions'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.
Jacobs Solutions Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Jacobs Solutions's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Jacobs Solutions'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 104.157 + 107.184 + -39.689 + 118.528 = €290 Mil. Cash Flow from Operations was 326.388 + 325.169 + -418.765 + 395.911 = €629 Mil. Revenue was 2687.757 + 2812.462 + 3196.072 + 3538.324 = €12,235 Mil. Gross Profit was 653.41 + 653.523 + 687.582 + 703.69 = €2,698 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(9894.932 + 9587.16 + 9918.779 + 10329.583 + 10193.533) / 5 = €9984.7974 Mil. Total Assets at the begining of this year (Jun25) was €9,895 Mil. Long-Term Debt & Capital Lease Obligation was €3,420 Mil. Total Current Assets was €4,418 Mil. Total Current Liabilities was €3,431 Mil.
Net Income was 293.218 + -17.314 + 5.191 + 155.718 = €437 Mil.
Revenue was 2667.095 + 2800.973 + 2692.134 + 2628.543 = €10,789 Mil. Gross Profit was 662.344 + 688.81 + 682.969 + 657.541 = €2,692 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(13979.861 + 10594.864 + 11088.361 + 10369.893 + 9894.932) / 5 = €11185.5822 Mil. Total Assets at the begining of last year (Jun24) was €13,980 Mil. Long-Term Debt & Capital Lease Obligation was €2,509 Mil. Total Current Assets was €3,876 Mil. Total Current Liabilities was €2,779 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.
Jacobs Solutions's current Net Income (TTM) was 290.
==> 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.
Jacobs Solutions's return on assets of this year was 0.02932612. Jacobs Solutions's return on assets of last year was 0.03124588.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Jacobs Solutions's gearing of this year was 0.3425097. Jacobs Solutions's gearing of last year was 0.22433629.
==> 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
Jacobs Solutions's current ratio of this year was 1.28741265. Jacobs Solutions's current ratio of last year was 1.39478184.
==> Last year's current ratio is higher ==> Score 0.
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.
Jacobs Solutions's number of shares in issue this year was 118.898. Jacobs Solutions's number of shares in issue last year was 120.491.
==> 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.
Jacobs Solutions's gross margin of this year was 0.22053861. Jacobs Solutions's gross margin of last year was 0.24948815.
==> 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
Jacobs Solutions's asset turnover of this year was 1.23645266. Jacobs Solutions's asset turnover of last year was 0.77173478.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Jacobs Solutions has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Jacobs Solutions (FRA:Z0Y) has a Piotroski F-Score of 5 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jacobs Solutions and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Jacobs Solutions' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Jacobs Solutions ranks #821 out of 1736 companies in the Construction industry, placing it in the top 47.3%.
Is Jacobs Solutions' Piotroski F-Score too high?
Jacobs Solutions' current Piotroski F-Score of 5 is 17% below 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 8.00. The Construction industry median Piotroski F-Score is 5.00. Jacobs Solutions' value of 5 is 0% at this industry median. Based on the distribution chart, Jacobs Solutions ranks #821 out of 1736 companies in the Construction industry, which is above the industry midpoint. Overall, Jacobs Solutions has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jacobs Solutions' Piotroski F-Score compare to APG and DY?
According to the Construction industry distribution chart, Jacobs Solutions ranks #821 out of 1736 companies for Piotroski F-Score. This puts Jacobs Solutions in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Jacobs Solutions' value of 5 is 0% at this benchmark. Historically, Jacobs Solutions' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Jacobs Solutions 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 a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,736 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. Jacobs Solutions'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 Jacobs Solutions 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. Jacobs Solutions's current Piotroski F-Score is 5, which is 17% below 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 Jacobs Solutions stock overvalued right now?
Based on GuruFocus' analysis, Jacobs Solutions (FRA:Z0Y) is currently considered Fairly Valued. The stock's GF Value™ is €117.29, compared to a current price of €123.00 — trading 4.9% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Construction industry median of 5.00. Jacobs Solutions' overall GF Score™ is 72/100 with 7 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 Jacobs Solutions (FRA:Z0Y), the current Piotroski F-Score is 5 as of Aug. 19, 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 Jacobs Solutions (FRA:Z0Y) Overvalued in 2026?
Based on GuruFocus' analysis, Jacobs Solutions stock appears to be overvalued.
The current stock price of €123.00 is trading 4.9% above its estimated GF Value™ of €117.29.
GuruFocus considers Jacobs Solutions to be Fairly Valued.
Key valuation signals for FRA:Z0Y:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: €117.29 vs. price of €123.00 (4.9% above fair value)
Industry Position: 0% at the Construction median (#821 of 1736)
No single metric tells the full story. See the FRA:Z0Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $12 billion in revenue in fiscal 2025.
72GF Score
Get the complete analysis for FRA:Z0Y
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