Avrupa Yatirim Holding ASIST:AVHOL -2.39%43 Piotroski F-Score is 4 as of Jun. 25, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates IST:AVHOL with a GF Score™ of 43/100 and a GF Value™ of ₺33.22 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, Avrupa Yatirim Holding AS ranks worse than 56.65% 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
Avrupa Yatirim Holding AS has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Avrupa Yatirim Holding AS's Piotroski F-Score or its related term are showing as below:
IST:AVHOL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of Avrupa Yatirim Holding AS was 7. The lowest was 1. And the median was 5.
Avrupa Yatirim Holding AS (IST:AVHOL) 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.
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.
Avrupa Yatirim Holding AS Piotroski F-Score Related Terms
Avrupa Yatirim Holding AS Piotroski F-Score Historical Data
* 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.
IST:AVHOL vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Avrupa Yatirim Holding 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.
Avrupa Yatirim Holding AS Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Avrupa Yatirim Holding AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Avrupa Yatirim Holding AS'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.
Avrupa Yatirim Holding AS's current Net Income (TTM) was -816.1.
==> 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.
Avrupa Yatirim Holding AS's current Cash Flow from Operations (TTM) was 315.5.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Avrupa Yatirim Holding AS's return on assets of this year was -0.319463. Avrupa Yatirim Holding AS's return on assets of last year was 1.51176255.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Avrupa Yatirim Holding AS's gearing of this year was 0.01029616. Avrupa Yatirim Holding AS's gearing of last year was 0.06331333.
==> 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
Avrupa Yatirim Holding AS's current ratio of this year was 1.14972281. Avrupa Yatirim Holding AS's current ratio of last year was 3.04281923.
==> 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.
Avrupa Yatirim Holding AS's number of shares in issue this year was 37.25. Avrupa Yatirim Holding AS's number of shares in issue last year was 37.25.
==> 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.
Avrupa Yatirim Holding AS's gross margin of this year was -0.07140856. Avrupa Yatirim Holding AS's gross margin of last year was 0.02467677.
==> 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
Avrupa Yatirim Holding AS's asset turnover of this year was 0.14948103. Avrupa Yatirim Holding AS's asset turnover of last year was 1.18249664.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Avrupa Yatirim Holding AS has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Avrupa Yatirim Holding AS (IST:AVHOL) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Avrupa Yatirim Holding AS and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Avrupa Yatirim Holding AS's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Avrupa Yatirim Holding AS ranks #907 out of 1601 companies in the Asset Management industry, placing it in the top 56.7%.
Is Avrupa Yatirim Holding AS's Piotroski F-Score too high?
Avrupa Yatirim Holding AS's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Avrupa Yatirim Holding AS's value of 4 is 20% below this industry median. Based on the distribution chart, Avrupa Yatirim Holding AS ranks #907 out of 1601 companies in the Asset Management industry, which is below the industry midpoint. Overall, Avrupa Yatirim Holding AS has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avrupa Yatirim Holding AS's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Avrupa Yatirim Holding AS ranks #907 out of 1601 companies for Piotroski F-Score. This places Avrupa Yatirim Holding AS in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Avrupa Yatirim Holding AS's value of 4 is 20% below this benchmark. Historically, Avrupa Yatirim Holding AS's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Avrupa Yatirim Holding AS 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,601 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. Avrupa Yatirim Holding AS'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 Avrupa Yatirim Holding AS and its competitors. For the Asset Management 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. Avrupa Yatirim Holding AS's current Piotroski F-Score is 4, which is 20% below 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 Avrupa Yatirim Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Avrupa Yatirim Holding AS (IST:AVHOL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺33.22, compared to a current price of ₺40.80 — trading 22.8% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Asset Management industry median of 5.00. Avrupa Yatirim Holding AS's overall GF Score™ is 43/100 with 6 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 Avrupa Yatirim Holding AS (IST:AVHOL), the current Piotroski F-Score is 4 as of Jun. 25, 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 Avrupa Yatirim Holding AS (IST:AVHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Avrupa Yatirim Holding AS stock appears to be overvalued.
The current stock price of ₺40.80 is trading 22.8% above its estimated GF Value™ of ₺33.22.
GuruFocus considers Avrupa Yatirim Holding AS to be Modestly Overvalued.
Key valuation signals for IST:AVHOL:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: ₺33.22 vs. price of ₺40.80 (22.8% above fair value)
Industry Position: 20% below the Asset Management median (#907 of 1601)
No single metric tells the full story. See the IST:AVHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avrupa Yatirim Holding AS is an investment company. The company invests in strategic sectors such as health, energy, construction, and software. Its current investment are in the health and insurance sectors.
43GF Score
Get the complete analysis for IST:AVHOL
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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