Easy Smart Group Holdings (HKSE:02442) Piotroski F-Score: 3 (As of Jul. 29, 2026) — 25% Below Median

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HKSE:02442 Easy Smart Group Holdings Ltd HKSE:02442
68 GF Score
Price HK$66.55
GF Value HK$1.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Easy Smart Group Holdings Piotroski F-Score?

Easy Smart Group Holdings HKSE:02442 -0.45% 68 Piotroski F-Score is 3 as of Jul. 29, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates HKSE:02442 with a GF Score™ of 68/100 and a GF Value™ of HK$1.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,064 Business Services companies, Easy Smart Group Holdings ranks worse than 85.24% 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

Easy Smart Group Holdings 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 Easy Smart Group Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:02442' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 3

During the past 6 years, the highest Piotroski F-Score of Easy Smart Group Holdings was 6. The lowest was 3. And the median was 4.

Easy Smart Group Holdings  (HKSE:02442) 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.


Easy Smart Group Holdings Piotroski F-Score Related Terms


Easy Smart Group Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Easy Smart Group 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.

Easy Smart Group Holdings Piotroski F-Score Chart

Easy Smart Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 6.00 3.00 3.00

Easy Smart Group Holdings Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.00 0.00 3.00 0.00

HKSE:02442 vs ALLE, MSA, ADT: Piotroski F-Score Comparison

For the Security & Protection Services subindustry, Easy Smart Group 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.


Easy Smart Group Holdings Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Easy Smart Group Holdings's Piotroski F-Score falls into.


HKSE:02442
68GF Score
Easy Smart Group Holdings Ltd HKSE:02442
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was HK$-0.5 Mil.
Cash Flow from Operations was HK$-27.8 Mil.
Revenue was HK$314.5 Mil.
Gross Profit was HK$26.1 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (318.894 + 237.343) / 2 = HK$278.1185 Mil.
Total Assets at the begining of this year (Jun24) was HK$318.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.
Total Current Assets was HK$229.8 Mil.
Total Current Liabilities was HK$15.3 Mil.
Net Income was HK$35.8 Mil.

Revenue was HK$352.9 Mil.
Gross Profit was HK$63.6 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (282.71 + 318.894) / 2 = HK$300.802 Mil.
Total Assets at the begining of last year (Jun23) was HK$282.7 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.4 Mil.
Total Current Assets was HK$309.6 Mil.
Total Current Liabilities was HK$24.8 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.

Easy Smart Group Holdings's current Net Income (TTM) was -0.5. ==> 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.

Easy Smart Group Holdings's current Cash Flow from Operations (TTM) was -27.8. ==> 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 (Jun24)
=-0.476/318.894
=-0.00149266

ROA (Last Year)=Net Income/Total Assets (Jun23)
=35.826/282.71
=0.1267235

Easy Smart Group Holdings's return on assets of this year was -0.00149266. Easy Smart Group Holdings's return on assets of last year was 0.1267235. ==> 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.

Easy Smart Group Holdings's current Net Income (TTM) was -0.5. Easy Smart Group Holdings's current Cash Flow from Operations (TTM) was -27.8. ==> -27.8 <= -0.5 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/278.1185
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=1.398/300.802
=0.00464758

Easy Smart Group Holdings's gearing of this year was 0. Easy Smart Group Holdings's gearing of last year was 0.00464758. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=229.849/15.286
=15.03656941

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=309.605/24.787
=12.49062008

Easy Smart Group Holdings's current ratio of this year was 15.03656941. Easy Smart Group Holdings's current ratio of last year was 12.49062008. ==> 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.

Easy Smart Group Holdings's number of shares in issue this year was 408. Easy Smart Group Holdings's number of shares in issue last year was 408. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=26.13/314.469
=0.08309245

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=63.585/352.922
=0.18016729

Easy Smart Group Holdings's gross margin of this year was 0.08309245. Easy Smart Group Holdings's gross margin of last year was 0.18016729. ==> 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 (Jun24)
=314.469/318.894
=0.98612392

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=352.922/282.71
=1.24835344

Easy Smart Group Holdings's asset turnover of this year was 0.98612392. Easy Smart Group Holdings's asset turnover of last year was 1.24835344. ==> 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+1+0+0
=3

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

Easy Smart Group Holdings 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?
Easy Smart Group Holdings (HKSE:02442) has a Piotroski F-Score of 3 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Easy Smart Group Holdings and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Easy Smart Group Holdings' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Easy Smart Group Holdings ranks #907 out of 1064 companies in the Business Services industry, placing it in the top 85.2%.
Is Easy Smart Group Holdings' Piotroski F-Score too high?
Easy Smart Group Holdings' 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 6.00. The Business Services industry median Piotroski F-Score is 5.00. Easy Smart Group Holdings' value of 3 is 40% below this industry median. Based on the distribution chart, Easy Smart Group Holdings ranks #907 out of 1064 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Easy Smart Group Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Smart Group Holdings' Piotroski F-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, Easy Smart Group Holdings ranks #907 out of 1064 companies for Piotroski F-Score. This places Easy Smart Group Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Easy Smart Group Holdings' value of 3 is 40% below this benchmark. Historically, Easy Smart Group Holdings' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Easy Smart Group 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Easy Smart Group Holdings'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 Easy Smart Group Holdings and its competitors. For the Business Services 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. Easy Smart Group Holdings'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 Easy Smart Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Easy Smart Group Holdings (HKSE:02442) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.09, compared to a current price of HK$66.55 — trading 6005.5% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Business Services industry median of 5.00. Easy Smart Group Holdings' overall GF Score™ is 68/100 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 Easy Smart Group Holdings (HKSE:02442), the current Piotroski F-Score is 3 as of Jul. 29, 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 Easy Smart Group Holdings (HKSE:02442) Overvalued in 2026?

Based on GuruFocus' analysis, Easy Smart Group Holdings stock appears to be overvalued. The current stock price of HK$66.55 is trading 6005.5% above its estimated GF Value™ of HK$1.09. GuruFocus considers Easy Smart Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02442:

  • Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: HK$1.09 vs. price of HK$66.55 (6005.5% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 40% below the Business Services median (#907 of 1064)

No single metric tells the full story. See the HKSE:02442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Easy Smart Group Holdings Business Description

Address Nos. 167-175 Wo Yi Hop Road, Unit G, 7th Floor, Kingsway Industrial Building, Phase II, Kwai Chung, New Territories, Hong Kong, HKG
Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services. The company generates key revenue from Public sector projects.
68GF Score

Get the complete analysis for HKSE:02442

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

HK$66.55
Price
HK$1.09
GF Value