DWK Deutsche Wasserkraft AG (HAM:T7RA) Piotroski F-Score: 3 (As of Jul. 13, 2026) — 25% Below Median


HAM:T7RA DWK Deutsche Wasserkraft AG HAM:T7RA
30 GF Score
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What is DWK Deutsche Wasserkraft AG Piotroski F-Score?

DWK Deutsche Wasserkraft AG HAM:T7RA +9.59% 30 Piotroski F-Score is 3 as of Jul. 13, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates HAM:T7RA with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 417 Utilities - Independent Power Producers companies, DWK Deutsche Wasserkraft AG ranks worse than 82.25% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

DWK Deutsche Wasserkraft AG has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for DWK Deutsche Wasserkraft AG's Piotroski F-Score or its related term are showing as below:

HAM:T7RA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 5
Current: 3

During the past 8 years, the highest Piotroski F-Score of DWK Deutsche Wasserkraft AG was 5. The lowest was 3. And the median was 4.

DWK Deutsche Wasserkraft AG  (HAM:T7RA) 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.


DWK Deutsche Wasserkraft AG Piotroski F-Score Related Terms


DWK Deutsche Wasserkraft AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DWK Deutsche Wasserkraft AG'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.

DWK Deutsche Wasserkraft AG Piotroski F-Score Chart

DWK Deutsche Wasserkraft AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial 4.00 4.00 4.00 4.00 3.00

DWK Deutsche Wasserkraft AG Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score Get a 7-Day Free Trial 4.00 4.00 4.00 4.00 3.00

DWK Deutsche Wasserkraft AG Piotroski F-Score Competitor Comparison

For the Utilities - Renewable subindustry, DWK Deutsche Wasserkraft AG'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.


DWK Deutsche Wasserkraft AG Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, DWK Deutsche Wasserkraft AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where DWK Deutsche Wasserkraft AG's Piotroski F-Score falls into.


HAM:T7RA
30GF Score
DWK Deutsche Wasserkraft AG HAM:T7RA
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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was €-0.28 Mil.
Cash Flow from Operations was €0.00 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (1.756 + 2.238) / 2 = €1.997 Mil.
Total Assets at the begining of this year (Dec23) was €1.76 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €0.16 Mil.
Total Current Liabilities was €0.90 Mil.
Net Income was €-0.09 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (1.759 + 1.756) / 2 = €1.7575 Mil.
Total Assets at the begining of last year (Dec22) was €1.76 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €0.02 Mil.
Total Current Liabilities was €0.81 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.

DWK Deutsche Wasserkraft AG's current Net Income (TTM) was -0.28. ==> 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.

DWK Deutsche Wasserkraft AG's current Cash Flow from Operations (TTM) was 0.00. ==> 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 (Dec23)
=-0.281/1.756
=-0.16002278

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-0.093/1.759
=-0.05287095

DWK Deutsche Wasserkraft AG's return on assets of this year was -0.16002278. DWK Deutsche Wasserkraft AG's return on assets of last year was -0.05287095. ==> 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.

DWK Deutsche Wasserkraft AG's current Net Income (TTM) was -0.28. DWK Deutsche Wasserkraft AG's current Cash Flow from Operations (TTM) was 0.00. ==> 0.00 > -0.28 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/1.997
=0

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/1.7575
=0

DWK Deutsche Wasserkraft AG's gearing of this year was 0. DWK Deutsche Wasserkraft AG's gearing of last year was 0. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=0.156/0.903
=0.17275748

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=0.024/0.81
=0.02962963

DWK Deutsche Wasserkraft AG's current ratio of this year was 0.17275748. DWK Deutsche Wasserkraft AG's current ratio of last year was 0.02962963. ==> 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.

DWK Deutsche Wasserkraft AG's number of shares in issue this year was 2.427. DWK Deutsche Wasserkraft AG's number of shares in issue last year was 2.057. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

DWK Deutsche Wasserkraft AG's gross margin of this year was . DWK Deutsche Wasserkraft AG's gross margin of last year was . ==> 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 (Dec23)
=0/1.756
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=0/1.759
=0

DWK Deutsche Wasserkraft AG's asset turnover of this year was 0. DWK Deutsche Wasserkraft AG's asset turnover of last year was 0. ==> 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+1+1+1+0+0+0
=3

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

DWK Deutsche Wasserkraft AG has an F-score of 3. 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 3 mean?
DWK Deutsche Wasserkraft AG (HAM:T7RA) has a Piotroski F-Score of 3 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DWK Deutsche Wasserkraft AG and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, DWK Deutsche Wasserkraft AG's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, DWK Deutsche Wasserkraft AG ranks #343 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 82.3%.
Is DWK Deutsche Wasserkraft AG's Piotroski F-Score too high?
DWK Deutsche Wasserkraft AG's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. DWK Deutsche Wasserkraft AG's value of 3 is 40% below this industry median. Based on the distribution chart, DWK Deutsche Wasserkraft AG ranks #343 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, DWK Deutsche Wasserkraft AG has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does DWK Deutsche Wasserkraft AG's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, DWK Deutsche Wasserkraft AG ranks #343 out of 417 companies for Piotroski F-Score. This places DWK Deutsche Wasserkraft AG in the lower half of its industry. The industry median Piotroski F-Score is 5.00. DWK Deutsche Wasserkraft AG's value of 3 is 40% below this benchmark. Historically, DWK Deutsche Wasserkraft AG's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, DWK Deutsche Wasserkraft AG 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 an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 417 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. DWK Deutsche Wasserkraft AG's current Piotroski F-Score of 3 is 40% 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 DWK Deutsche Wasserkraft AG and its competitors. For the Utilities - Independent Power Producers 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. DWK Deutsche Wasserkraft AG's current Piotroski F-Score is 3, which is 25% 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 DWK Deutsche Wasserkraft AG stock overvalued right now?
DWK Deutsche Wasserkraft AG (HAM:T7RA) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Utilities - Independent Power Producers industry median of 5.00. DWK Deutsche Wasserkraft AG's overall GF Score™ is 30/100 with 1 warning sign 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 DWK Deutsche Wasserkraft AG (HAM:T7RA), the current Piotroski F-Score is 3 as of Jul. 13, 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.

DWK Deutsche Wasserkraft AG Business Description

Address Schopenstehl 22, Hamburg, DEU, 20095
DWK Deutsche Wasserkraft AG is a German energy company with roots in Norway and Germany. By building up its portfolio of hydroelectric power plants it creates sustainable added value for the environment and the common good. With hydropower, the company uses a stable and cost-efficient source of electricity generation that does not produce any CO2 emissions. The company develops, acquires and operates small run-of-river power plants and supports co-investors in the purchase, operation and possible sale.
30GF Score

Get the complete analysis for HAM:T7RA

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

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