A1 Yenilenebilir Enerji Uretim AS (IST:A1YEN) Piotroski F-Score: 6 (As of Jul. 23, 2026) — 20% Above Median

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IST:A1YEN A1 Yenilenebilir Enerji Uretim AS IST:A1YEN
82 GF Score
Price ₺2.93
GF Value ₺3.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score?

A1 Yenilenebilir Enerji Uretim AS IST:A1YEN 82 Piotroski F-Score is 6 as of Jul. 23, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates IST:A1YEN with a GF Score™ of 82/100 and a GF Value™ of ₺3.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, A1 Yenilenebilir Enerji Uretim AS ranks better than 80.48% 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

A1 Yenilenebilir Enerji Uretim AS 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 A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score or its related term are showing as below:

IST:A1YEN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 6

During the past 8 years, the highest Piotroski F-Score of A1 Yenilenebilir Enerji Uretim AS was 6. The lowest was 3. And the median was 5.

A1 Yenilenebilir Enerji Uretim AS  (IST:A1YEN) 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.


A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score Related Terms


A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for A1 Yenilenebilir Enerji Uretim AS'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.

A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score Chart

A1 Yenilenebilir Enerji Uretim AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 5.00 5.00 3.00 6.00 5.00

A1 Yenilenebilir Enerji Uretim AS 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 6.00 6.00 5.00 6.00

A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score Competitor Comparison

For the Utilities - Renewable subindustry, A1 Yenilenebilir Enerji Uretim AS'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.


A1 Yenilenebilir Enerji Uretim AS Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score falls into.


IST:A1YEN
82GF Score
A1 Yenilenebilir Enerji Uretim AS IST:A1YEN
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 5.972 + 51.442 + 37.388 + 3.618 = ₺98.4 Mil.
Cash Flow from Operations was -91.626 + 50.336 + -101.042 + -63.788 = ₺-206.1 Mil.
Revenue was 118.946 + 156.64 + 129.855 + 68.897 = ₺474.3 Mil.
Gross Profit was 56.337 + 75.54 + 53.374 + 8.846 = ₺194.1 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3642.905 + 3833.294 + 3995.546 + 4239.344 + 4366.936) / 5 = ₺4015.605 Mil.
Total Assets at the begining of this year (Mar25) was ₺3,642.9 Mil.
Long-Term Debt & Capital Lease Obligation was ₺301.5 Mil.
Total Current Assets was ₺257.9 Mil.
Total Current Liabilities was ₺228.7 Mil.
Net Income was 44.831 + 40.965 + 20.582 + -18.136 = ₺88.2 Mil.

Revenue was 103.965 + 128.126 + 95.641 + 71.858 = ₺399.6 Mil.
Gross Profit was 47.766 + -54.624 + 157.475 + 4.585 = ₺155.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3139.804 + 3215.565 + 3306.761 + 3400.188 + 3642.905) / 5 = ₺3341.0446 Mil.
Total Assets at the begining of last year (Mar24) was ₺3,139.8 Mil.
Long-Term Debt & Capital Lease Obligation was ₺399.6 Mil.
Total Current Assets was ₺135.4 Mil.
Total Current Liabilities was ₺198.4 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.

A1 Yenilenebilir Enerji Uretim AS's current Net Income (TTM) was 98.4. ==> 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.

A1 Yenilenebilir Enerji Uretim AS's current Cash Flow from Operations (TTM) was -206.1. ==> 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 (Mar25)
=98.42/3642.905
=0.0270169

ROA (Last Year)=Net Income/Total Assets (Mar24)
=88.242/3139.804
=0.0281043

A1 Yenilenebilir Enerji Uretim AS's return on assets of this year was 0.0270169. A1 Yenilenebilir Enerji Uretim AS's return on assets of last year was 0.0281043. ==> 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.

A1 Yenilenebilir Enerji Uretim AS's current Net Income (TTM) was 98.4. A1 Yenilenebilir Enerji Uretim AS's current Cash Flow from Operations (TTM) was -206.1. ==> -206.1 <= 98.4 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=301.532/4015.605
=0.07509005

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=399.592/3341.0446
=0.11960092

A1 Yenilenebilir Enerji Uretim AS's gearing of this year was 0.07509005. A1 Yenilenebilir Enerji Uretim AS's gearing of last year was 0.11960092. ==> 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
=257.887/228.697
=1.12763613

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=135.379/198.394
=0.68237447

A1 Yenilenebilir Enerji Uretim AS's current ratio of this year was 1.12763613. A1 Yenilenebilir Enerji Uretim AS's current ratio of last year was 0.68237447. ==> 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.

A1 Yenilenebilir Enerji Uretim AS's number of shares in issue this year was 600. A1 Yenilenebilir Enerji Uretim AS's number of shares in issue last year was 600. ==> 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
=194.097/474.338
=0.40919555

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=155.202/399.59
=0.38840311

A1 Yenilenebilir Enerji Uretim AS's gross margin of this year was 0.40919555. A1 Yenilenebilir Enerji Uretim AS's gross margin of last year was 0.38840311. ==> 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)
=474.338/3642.905
=0.13020872

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=399.59/3139.804
=0.12726591

A1 Yenilenebilir Enerji Uretim AS's asset turnover of this year was 0.13020872. A1 Yenilenebilir Enerji Uretim AS's asset turnover of last year was 0.12726591. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+0+0+1+1+1+1+1
=6

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

A1 Yenilenebilir Enerji Uretim AS 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?
A1 Yenilenebilir Enerji Uretim AS (IST:A1YEN) has a Piotroski F-Score of 6 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on A1 Yenilenebilir Enerji Uretim AS and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, A1 Yenilenebilir Enerji Uretim AS ranks #82 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.5%.
Is A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score too high?
A1 Yenilenebilir Enerji Uretim AS's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. A1 Yenilenebilir Enerji Uretim AS's value of 6 is 20% above this industry median. Based on the distribution chart, A1 Yenilenebilir Enerji Uretim AS ranks #82 out of 420 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, A1 Yenilenebilir Enerji Uretim AS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does A1 Yenilenebilir Enerji Uretim AS's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, A1 Yenilenebilir Enerji Uretim AS ranks #82 out of 420 companies for Piotroski F-Score. This places A1 Yenilenebilir Enerji Uretim AS in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. A1 Yenilenebilir Enerji Uretim AS's value of 6 is 20% above this benchmark. Historically, A1 Yenilenebilir Enerji Uretim AS's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, A1 Yenilenebilir Enerji Uretim AS 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 an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 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. A1 Yenilenebilir Enerji Uretim AS'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 A1 Yenilenebilir Enerji Uretim AS 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. A1 Yenilenebilir Enerji Uretim AS's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A1 Yenilenebilir Enerji Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, A1 Yenilenebilir Enerji Uretim AS (IST:A1YEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.64, compared to a current price of ₺2.93 — trading 19.5% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Utilities - Independent Power Producers industry median of 5.00. A1 Yenilenebilir Enerji Uretim AS's overall GF Score™ is 82/100 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 A1 Yenilenebilir Enerji Uretim AS (IST:A1YEN), the current Piotroski F-Score is 6 as of Jul. 23, 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 A1 Yenilenebilir Enerji Uretim AS (IST:A1YEN) Overvalued in 2026?

Based on GuruFocus' analysis, A1 Yenilenebilir Enerji Uretim AS stock appears to be undervalued. The current stock price of ₺2.93 is trading 19.5% below its estimated GF Value™ of ₺3.64. GuruFocus considers A1 Yenilenebilir Enerji Uretim AS to be Modestly Undervalued.

Key valuation signals for IST:A1YEN:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ₺3.64 vs. price of ₺2.93 (19.5% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 20% above the Utilities - Independent Power Producers median (#82 of 420)

No single metric tells the full story. See the IST:A1YEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A1 Yenilenebilir Enerji Uretim AS Business Description

Address Buyukdere Cad., Yapi Kredi Plaza B Blok K:7, Levent, Istanbul, TUR, 34330
A1 Yenilenebilir Enerji Uretim AS Formerly Kartal Yenilenebilir Enerji Uretim AS is engaged in the generation of electrical energy from solar power plants and the sale of the generated electricity to distribution companies.
82GF Score

Get the complete analysis for IST:A1YEN

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

₺2.93
Price
₺3.64
GF Value