Emek Elektrik Endustrisi ASIST:EMKEL -2.30%45 Piotroski F-Score is 5 as of Jul. 09, 2026, which is at its 10-year median of 5.00. GuruFocus rates IST:EMKEL with a GF Score™ of 45/100 and a GF Value™ of ₺26.02 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 2,975 Industrial Products companies, Emek Elektrik Endustrisi AS ranks better than 56.34% 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
Emek Elektrik Endustrisi AS 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 Emek Elektrik Endustrisi AS's Piotroski F-Score or its related term are showing as below:
IST:EMKEL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Emek Elektrik Endustrisi AS was 7. The lowest was 1. And the median was 5.
Emek Elektrik Endustrisi AS (IST:EMKEL) 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.
Emek Elektrik Endustrisi AS Piotroski F-Score Related Terms
Emek Elektrik Endustrisi 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.
Emek Elektrik Endustrisi AS Piotroski F-Score Chart
IST:EMKEL vs VRT, BE, HUBB: Piotroski F-Score Comparison
For the Electrical Equipment & Parts subindustry, Emek Elektrik Endustrisi 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.
Emek Elektrik Endustrisi AS Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Emek Elektrik Endustrisi AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Emek Elektrik Endustrisi 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.
Emek Elektrik Endustrisi AS's current Net Income (TTM) was 24.6.
==> 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.
Emek Elektrik Endustrisi AS's current Cash Flow from Operations (TTM) was -31.4.
==> 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.
Emek Elektrik Endustrisi AS's return on assets of this year was 0.01276243. Emek Elektrik Endustrisi AS's return on assets of last year was -0.08891062.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Emek Elektrik Endustrisi AS's gearing of this year was 0.08144104. Emek Elektrik Endustrisi AS's gearing of last year was 0.00071346.
==> Last year is lower than this year ==> Score 0.
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
Emek Elektrik Endustrisi AS's current ratio of this year was 1.31049993. Emek Elektrik Endustrisi AS's current ratio of last year was 1.14467077.
==> 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.
Emek Elektrik Endustrisi AS's number of shares in issue this year was 150. Emek Elektrik Endustrisi AS's number of shares in issue last year was 150.
==> 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.
Emek Elektrik Endustrisi AS's gross margin of this year was 0.30454625. Emek Elektrik Endustrisi AS's gross margin of last year was 0.30412422.
==> 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
Emek Elektrik Endustrisi AS's asset turnover of this year was 0.5115865. Emek Elektrik Endustrisi AS's asset turnover of last year was 0.83818749.
==> 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
=
1
+
0
+
1
+
0
+
0
+
1
+
1
+
1
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Emek Elektrik Endustrisi AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Emek Elektrik Endustrisi AS (IST:EMKEL) has a Piotroski F-Score of 5 as of Jul. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Emek Elektrik Endustrisi AS and its competitors. This is near median its historical median of 5.00. Over the past decade, Emek Elektrik Endustrisi AS's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Emek Elektrik Endustrisi AS ranks #1299 out of 2975 companies in the Industrial Products industry, placing it in the top 43.7%.
Is Emek Elektrik Endustrisi AS's Piotroski F-Score too high?
Emek Elektrik Endustrisi AS's current Piotroski F-Score of 5 is near 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 Industrial Products industry median Piotroski F-Score is 5.00. Emek Elektrik Endustrisi AS's value of 5 is 0% at this industry median. Based on the distribution chart, Emek Elektrik Endustrisi AS ranks #1299 out of 2975 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Emek Elektrik Endustrisi AS has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emek Elektrik Endustrisi AS's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Emek Elektrik Endustrisi AS ranks #1299 out of 2975 companies for Piotroski F-Score. This puts Emek Elektrik Endustrisi AS in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Emek Elektrik Endustrisi AS's value of 5 is 0% at this benchmark. Historically, Emek Elektrik Endustrisi 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, Emek Elektrik Endustrisi AS has consistently been at 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,975 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. Emek Elektrik Endustrisi AS's current Piotroski F-Score of 5 is 0% at 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 Emek Elektrik Endustrisi AS and its competitors. For the Industrial Products 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. Emek Elektrik Endustrisi AS's current Piotroski F-Score is 5, which is near 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 Emek Elektrik Endustrisi AS stock overvalued right now?
Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS (IST:EMKEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺26.02, compared to a current price of ₺19.54 — trading 24.9% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Emek Elektrik Endustrisi AS's overall GF Score™ is 45/100 with 11 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 Emek Elektrik Endustrisi AS (IST:EMKEL), the current Piotroski F-Score is 5 as of Jul. 09, 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 Emek Elektrik Endustrisi AS (IST:EMKEL) Overvalued in 2026?
Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS stock appears to be undervalued.
The current stock price of ₺19.54 is trading 24.9% below its estimated GF Value™ of ₺26.02.
GuruFocus considers Emek Elektrik Endustrisi AS to be Modestly Undervalued.
Key valuation signals for IST:EMKEL:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: ₺26.02 vs. price of ₺19.54 (24.9% below fair value)
Industry Position: 0% at the Industrial Products median (#1299 of 2975)
No single metric tells the full story. See the IST:EMKEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emek Elektrik Endustrisi AS manufactures instrument transformers, disconnectors, and power capacitors. It products include Instrument Transformers, Oil filled current transformers up to 420 kV, Oil filled inductive voltage transformers up to 420 kV, Capacitive voltage transformers up to 420 kV, Indoor and outdoor type epoxy resin current and voltage transformers up to 72.5 kV, Low voltage Al+Zn MPP power capacitors and Disconnecting switches up to 245 kV, centre break, motor or manual operated, with or without earthing switch, up to 2,000 Amps. The company exports its products to more than 90 countries.
45GF Score
Get the complete analysis for IST:EMKEL
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:EMKEL has been successfully added to your 
