Paragon GmbH KGaA (LTS:0NFG) Piotroski F-Score: 6 (As of Jul. 30, 2026) — 20% Above Median

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LTS:0NFG Paragon GmbH & Co KGaA LTS:0NFG
17 GF Score
Price €1.71
GF Value €3.00
! 5 Warning Signs
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What is Paragon GmbH KGaA Piotroski F-Score?

Paragon GmbH KGaA LTS:0NFG 17 Piotroski F-Score is 6 as of Jul. 30, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates LTS:0NFG with a GF Score™ of 17/100 and a GF Value™ of €3.00. The stock has 5 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Paragon GmbH KGaA ranks better than 73.19% 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

Paragon GmbH KGaA 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 Paragon GmbH KGaA's Piotroski F-Score or its related term are showing as below:

LTS:0NFG' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Paragon GmbH KGaA was 8. The lowest was 2. And the median was 5.

Paragon GmbH KGaA  (LTS:0NFG) 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.


Paragon GmbH KGaA Piotroski F-Score Related Terms


Paragon GmbH KGaA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Paragon 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.

Paragon GmbH KGaA Piotroski F-Score Chart

Paragon GmbH KGaA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 6.00 4.00 5.00

Paragon GmbH KGaA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.00 5.00 6.00 6.00

LTS:0NFG vs ORLY, AZO, GPC: Piotroski F-Score Comparison

For the Auto Parts subindustry, Paragon 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.


Paragon GmbH KGaA Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Paragon GmbH KGaA's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Paragon GmbH KGaA's Piotroski F-Score falls into.


LTS:0NFG
17GF Score
Paragon GmbH & Co KGaA LTS:0NFG
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was -5.101 + 0.611 + -0.608 + -0.381 = €-5.5 Mil.
Cash Flow from Operations was 7.894 + 0.455 + 1.466 + -0.111 = €9.7 Mil.
Revenue was 29.39 + 30.086 + 30.849 + 29.149 = €119.5 Mil.
Gross Profit was 15.926 + 17.812 + 17.173 + 16.874 = €67.8 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(100.526 + 98.317 + 97.859 + 101.459 + 98.347) / 5 = €99.3016 Mil.
Total Assets at the begining of this year (Sep24) was €100.5 Mil.
Long-Term Debt & Capital Lease Obligation was €37.4 Mil.
Total Current Assets was €37.6 Mil.
Total Current Liabilities was €66.0 Mil.
Net Income was -8.186 + -0.478 + -0.533 + 0.007 = €-9.2 Mil.

Revenue was 42.001 + 41.546 + 35.937 + 32.16 = €151.6 Mil.
Gross Profit was 19.025 + 19.273 + 18.539 + 18.023 = €74.9 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(122.585 + 108.52 + 105.59 + 102.492 + 100.526) / 5 = €107.9426 Mil.
Total Assets at the begining of last year (Sep23) was €122.6 Mil.
Long-Term Debt & Capital Lease Obligation was €38.1 Mil.
Total Current Assets was €33.0 Mil.
Total Current Liabilities was €64.1 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.

Paragon GmbH KGaA's current Net Income (TTM) was -5.5. ==> 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.

Paragon GmbH KGaA's current Cash Flow from Operations (TTM) was 9.7. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Sep24)
=-5.479/100.526
=-0.05450331

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-9.19/122.585
=-0.07496839

Paragon GmbH KGaA's return on assets of this year was -0.05450331. Paragon GmbH KGaA's return on assets of last year was -0.07496839. ==> 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.

Paragon GmbH KGaA's current Net Income (TTM) was -5.5. Paragon GmbH KGaA's current Cash Flow from Operations (TTM) was 9.7. ==> 9.7 > -5.5 ==> CFROA > ROA ==> Score 1.

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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=37.37/99.3016
=0.37632828

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=38.08/107.9426
=0.35278009

Paragon GmbH KGaA's gearing of this year was 0.37632828. Paragon GmbH KGaA's gearing of last year was 0.35278009. ==> 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

Current Ratio (This Year: Sep25)=Total Current Assets/Total Current Liabilities
=37.632/66.024
=0.56997455

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=32.959/64.07
=0.51442173

Paragon GmbH KGaA's current ratio of this year was 0.56997455. Paragon GmbH KGaA's current ratio of last year was 0.51442173. ==> 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.

Paragon GmbH KGaA's number of shares in issue this year was 4.526. Paragon GmbH KGaA's number of shares in issue last year was 4.526. ==> 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
=67.785/119.474
=0.56736194

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=74.86/151.644
=0.49365619

Paragon GmbH KGaA's gross margin of this year was 0.56736194. Paragon GmbH KGaA's gross margin of last year was 0.49365619. ==> 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 (Sep24)
=119.474/100.526
=1.18848855

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=151.644/122.585
=1.23705184

Paragon GmbH KGaA's asset turnover of this year was 1.18848855. Paragon GmbH KGaA's asset turnover of last year was 1.23705184. ==> 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+1+1+1+0+1+1+1+0
=6

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

Paragon GmbH KGaA 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?
Paragon GmbH KGaA (LTS:0NFG) has a Piotroski F-Score of 6 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Paragon GmbH KGaA and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Paragon GmbH KGaA's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Paragon GmbH KGaA ranks #344 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 26.8%.
Is Paragon GmbH KGaA's Piotroski F-Score too high?
Paragon GmbH KGaA'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 2.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Paragon GmbH KGaA's value of 6 is 20% above this industry median. Based on the distribution chart, Paragon GmbH KGaA ranks #344 out of 1283 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Paragon GmbH KGaA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Paragon GmbH KGaA's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Paragon GmbH KGaA ranks #344 out of 1283 companies for Piotroski F-Score. This puts Paragon GmbH KGaA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Paragon GmbH KGaA's value of 6 is 20% above this benchmark. Historically, Paragon GmbH KGaA's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Paragon GmbH KGaA 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 a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,283 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. Paragon GmbH KGaA'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 Paragon 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. Paragon GmbH KGaA'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 Paragon GmbH KGaA stock overvalued right now?
Paragon GmbH KGaA (LTS:0NFG) has a current Piotroski F-Score of 6. The stock's GF Value™ is €3.00, compared to a current price of €1.71 — trading 43% 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 Vehicles & Parts industry median of 5.00. Paragon GmbH KGaA's overall GF Score™ is 17/100 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 Paragon GmbH KGaA (LTS:0NFG), the current Piotroski F-Score is 6 as of Jul. 30, 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 Paragon GmbH KGaA (LTS:0NFG) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon GmbH KGaA stock appears to be undervalued. The current stock price of €1.71 is trading 43% below its estimated GF Value™ of €3.00.

Key valuation signals for LTS:0NFG:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €3.00 vs. price of €1.71 (43% below fair value)
  • GF Score™: 17/100 with 5 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#344 of 1283)

No single metric tells the full story. See the LTS:0NFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paragon GmbH KGaA Business Description

Other Exchanges 1PGN:ItalyPGN:Germany
Address Bosendamm 11, Delbruck, DEU, 33129
Paragon GmbH & Co KGaA develops and manufactures electronic components and sensors for the automotive industry. The business activity of the firm is operated in two segments namely Electronics and Mechanics. The Electronics segment that derives the majority of revenue sells air-quality sensors, high-end acoustic systems, and display instruments. The Mechanics segment focuses on adjustable body components such as adaptively extendable spoilers. Geographically all the activity of the firm functions through Germany, however, it also holds a presence at the international level.
17GF Score

Get the complete analysis for LTS:0NFG

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

€1.71
Price
€3.00
GF Value