HELLA GmbH KGaAHLLGY 70 Piotroski F-Score is 4 as of Jun. 24, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates HLLGY with a GF Score™ of 70/100 and a GF Value™ of $47.63 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,286 Vehicles & Parts companies, HELLA GmbH KGaA ranks worse than 69.36% 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
HELLA GmbH KGaA 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 HELLA GmbH KGaA's Piotroski F-Score or its related term are showing as below:
HLLGY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of HELLA GmbH KGaA was 9. The lowest was 3. 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.
HELLA GmbH KGaA Piotroski F-Score Related Terms
HELLA GmbH KGaA Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for HELLA GmbH KGaA'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.
For the Auto Parts subindustry, HELLA GmbH KGaA'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.
HELLA GmbH KGaA Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where HELLA GmbH KGaA'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.
HELLA GmbH KGaA's current Net Income (TTM) was 110.
==> 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.
HELLA GmbH KGaA's return on assets of this year was 0.01374291. HELLA GmbH KGaA's return on assets of last year was 0.04073453.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
HELLA GmbH KGaA's current ratio of this year was 1.2264677. HELLA GmbH KGaA's current ratio of last year was 1.47201139.
==> 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.
HELLA GmbH KGaA's number of shares in issue this year was 226.007. HELLA GmbH KGaA's number of shares in issue last year was 224.011.
==> 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.
HELLA GmbH KGaA's gross margin of this year was 0.21285218. HELLA GmbH KGaA's gross margin of last year was 0.21690222.
==> 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
HELLA GmbH KGaA's asset turnover of this year was 1.13576113. HELLA GmbH KGaA's asset turnover of last year was 1.04954609.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
HELLA GmbH KGaA has an F-score of 5 indicating the company's financial situation is typical for a stable company.
HELLA GmbH KGaA (HLLGY) has a Piotroski F-Score of 4 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on HELLA GmbH KGaA and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, HELLA GmbH KGaA's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, HELLA GmbH KGaA ranks #892 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 69.4%.
Is HELLA GmbH KGaA's Piotroski F-Score too high?
HELLA GmbH KGaA's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. HELLA GmbH KGaA's value of 4 is 20% below this industry median. Based on the distribution chart, HELLA GmbH KGaA ranks #892 out of 1286 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, HELLA GmbH KGaA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HELLA GmbH KGaA's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, HELLA GmbH KGaA ranks #892 out of 1286 companies for Piotroski F-Score. This places HELLA GmbH KGaA in the lower half of its industry. The industry median Piotroski F-Score is 5.00. HELLA GmbH KGaA's value of 4 is 20% below this benchmark. Historically, HELLA GmbH KGaA's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, HELLA GmbH KGaA 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. HELLA GmbH KGaA's current Piotroski F-Score of 4 is 20% 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 HELLA GmbH KGaA and its competitors. For the Vehicles & Parts 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. HELLA GmbH KGaA's current Piotroski F-Score is 4, which is 33% 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 HELLA GmbH KGaA stock overvalued right now?
Based on GuruFocus' analysis, HELLA GmbH KGaA (HLLGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.63, compared to a current price of $42.90 — trading 9.9% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Vehicles & Parts industry median of 5.00. HELLA GmbH KGaA's overall GF Score™ is 70/100 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 HELLA GmbH KGaA (HLLGY), the current Piotroski F-Score is 4 as of Jun. 24, 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 HELLA GmbH KGaA (HLLGY) Overvalued in 2026?
Based on GuruFocus' analysis, HELLA GmbH KGaA stock appears to be undervalued.
The current stock price of $42.90 is trading 9.9% below its estimated GF Value™ of $47.63.
GuruFocus considers HELLA GmbH KGaA to be Modestly Undervalued.
Key valuation signals for HLLGY:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: $47.63 vs. price of $42.90 (9.9% below fair value)
Industry Position: 20% below the Vehicles & Parts median (#892 of 1286)
No single metric tells the full story. See the HLLGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments, which are Lighting, Electronics, and Lifecycle Solutions. The company generates the majority of its revenue from the Lighting segment.
70GF Score
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