European Green Transition (LSE:EGT) Piotroski F-Score: 2 (As of Jun. 29, 2026) — 50% Below Median


LSE:EGT European Green Transition PLC LSE:EGT
19 GF Score
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What is European Green Transition Piotroski F-Score?

European Green Transition LSE:EGT -2.33% 19 Piotroski F-Score is 2 as of Jun. 29, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates LSE:EGT with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,594 Asset Management companies, European Green Transition ranks worse than 90.9% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

European Green Transition has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for European Green Transition's Piotroski F-Score or its related term are showing as below:

LSE:EGT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 4
Current: 2

During the past 5 years, the highest Piotroski F-Score of European Green Transition was 4. The lowest was 2. And the median was 4.

European Green Transition  (LSE:EGT) 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.


European Green Transition Piotroski F-Score Related Terms


European Green Transition Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for European Green Transition'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.

European Green Transition Piotroski F-Score Chart

European Green Transition Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 4.00 4.00 2.00

European Green Transition Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 4.00 0.00 4.00 0.00 2.00

LSE:EGT vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, European Green Transition'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.


European Green Transition Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, European Green Transition's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where European Green Transition's Piotroski F-Score falls into.


LSE:EGT
19GF Score
European Green Transition PLC LSE:EGT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was £-1.26 Mil.
Cash Flow from Operations was £-1.36 Mil.
Revenue was £0.00 Mil.
Gross Profit was £-0.49 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5.733 + 4.442) / 2 = £5.0875 Mil.
Total Assets at the begining of this year (Dec24) was £5.73 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Current Assets was £2.33 Mil.
Total Current Liabilities was £0.27 Mil.
Net Income was £-2.14 Mil.

Revenue was £0.00 Mil.
Gross Profit was £-0.57 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1.693 + 5.733) / 2 = £3.713 Mil.
Total Assets at the begining of last year (Dec23) was £1.69 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Current Assets was £3.74 Mil.
Total Current Liabilities was £0.29 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.

European Green Transition's current Net Income (TTM) was -1.26. ==> 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.

European Green Transition's current Cash Flow from Operations (TTM) was -1.36. ==> 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 (Dec24)
=-1.26/5.733
=-0.21978022

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.14/1.693
=-1.26402835

European Green Transition's return on assets of this year was -0.21978022. European Green Transition's return on assets of last year was -1.26402835. ==> This year is higher. ==> Score 1.

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.

European Green Transition's current Net Income (TTM) was -1.26. European Green Transition's current Cash Flow from Operations (TTM) was -1.36. ==> -1.36 <= -1.26 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/5.0875
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/3.713
=0

European Green Transition's gearing of this year was 0. European Green Transition's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=2.334/0.27
=8.64444444

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3.743/0.292
=12.81849315

European Green Transition's current ratio of this year was 8.64444444. European Green Transition's current ratio of last year was 12.81849315. ==> 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.

European Green Transition's number of shares in issue this year was 144.621. European Green Transition's number of shares in issue last year was 109.743. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=-0.49/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.571/0
=

European Green Transition's gross margin of this year was . European Green Transition's gross margin of last year was . ==> 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 (Dec24)
=0/5.733
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/1.693
=0

European Green Transition's asset turnover of this year was 0. European Green Transition's asset turnover of last year was 0. ==> 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+1+0+1+0+0+0+0
=2

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

European Green Transition has an F-score of 2. 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 2 mean?
European Green Transition (LSE:EGT) has a Piotroski F-Score of 2 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on European Green Transition and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, European Green Transition's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, European Green Transition ranks #1449 out of 1594 companies in the Asset Management industry, placing it in the top 90.9%.
Is European Green Transition's Piotroski F-Score too high?
European Green Transition's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Asset Management industry median Piotroski F-Score is 5.00. European Green Transition's value of 2 is 60% below this industry median. Based on the distribution chart, European Green Transition ranks #1449 out of 1594 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, European Green Transition has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does European Green Transition's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, European Green Transition ranks #1449 out of 1594 companies for Piotroski F-Score. This places European Green Transition in the lower half of its industry. The industry median Piotroski F-Score is 5.00. European Green Transition's value of 2 is 60% below this benchmark. Historically, European Green Transition's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, European Green Transition 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 1,594 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. European Green Transition's current Piotroski F-Score of 2 is 60% 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 European Green Transition 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. European Green Transition's current Piotroski F-Score is 2, which is 50% 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 European Green Transition stock overvalued right now?
European Green Transition (LSE:EGT) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Asset Management industry median of 5.00. European Green Transition's overall GF Score™ is 19/100 with 4 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 European Green Transition (LSE:EGT), the current Piotroski F-Score is 2 as of Jun. 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.

European Green Transition Business Description

Address Fitzwilliam Place, 4th Floor, Fitzwilliam Hall, Dublin, IRL, D02 T292
European Green Transition PLC focuses on acquiring, integrating and optimising revenue-generating and profitable services businesses in the critical infrastructure sector across the UK and Ireland. The Company is pursuing a disciplined capital allocation policy by targeting selective bolt-on acquisitions in critical infrastructure areas such as water, energy, roads and data centres across the UK, Ireland and Europe. It is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project. The Group operates through its Green Energy Projects segment.
19GF Score

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