BVZ Holding AG (LTS:0QML) Piotroski F-Score: 9 (As of Jun. 27, 2026) — 13% Above Median


LTS:0QML BVZ Holding AG LTS:0QML
64 GF Score
Price CHF1,640.00
GF Value CHF1,171.09
! 6 Warning Signs
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What is BVZ Holding AG Piotroski F-Score?

BVZ Holding AG LTS:0QML +1.86% 64 Piotroski F-Score is 9 as of Jun. 27, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates LTS:0QML with a GF Score™ of 64/100 and a GF Value™ of CHF1,171.09. The stock has 6 warning signs investors should review. Among 979 Transportation companies, BVZ Holding AG ranks better than 99.9% on this metric.

Good Sign:

Piotroski F-Score is 9, indicates a very healthy situation.

The zones of discrimination were as such:

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

BVZ Holding AG has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for BVZ Holding AG's Piotroski F-Score or its related term are showing as below:

LTS:0QML' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 8   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of BVZ Holding AG was 9. The lowest was 3. And the median was 8.

BVZ Holding AG  (LTS:0QML) 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.


BVZ Holding AG Piotroski F-Score Related Terms


BVZ Holding AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BVZ Holding AG'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.

BVZ Holding AG Piotroski F-Score Chart

BVZ Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 8.00 7.00 6.00 9.00

BVZ Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.00 0.00 6.00 0.00 9.00

LTS:0QML vs UNP, CSX, NSC: Piotroski F-Score Comparison

For the Railroads subindustry, BVZ Holding AG'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.


BVZ Holding AG Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, BVZ Holding AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BVZ Holding AG's Piotroski F-Score falls into.


LTS:0QML
64GF Score
BVZ Holding AG LTS:0QML
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was CHF32.2 Mil.
Cash Flow from Operations was CHF66.3 Mil.
Revenue was CHF192.5 Mil.
Gross Profit was CHF53.1 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (700.364 + 707.209) / 2 = CHF703.7865 Mil.
Total Assets at the begining of this year (Dec24) was CHF700.4 Mil.
Long-Term Debt & Capital Lease Obligation was CHF361.9 Mil.
Total Current Assets was CHF111.5 Mil.
Total Current Liabilities was CHF59.0 Mil.
Net Income was CHF21.6 Mil.

Revenue was CHF169.4 Mil.
Gross Profit was CHF30.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (693.043 + 700.364) / 2 = CHF696.7035 Mil.
Total Assets at the begining of last year (Dec23) was CHF693.0 Mil.
Long-Term Debt & Capital Lease Obligation was CHF382.4 Mil.
Total Current Assets was CHF116.8 Mil.
Total Current Liabilities was CHF62.1 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.

BVZ Holding AG's current Net Income (TTM) was 32.2. ==> 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.

BVZ Holding AG's current Cash Flow from Operations (TTM) was 66.3. ==> 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 (Dec24)
=32.187/700.364
=0.04595753

ROA (Last Year)=Net Income/Total Assets (Dec23)
=21.584/693.043
=0.03114381

BVZ Holding AG's return on assets of this year was 0.04595753. BVZ Holding AG's return on assets of last year was 0.03114381. ==> 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.

BVZ Holding AG's current Net Income (TTM) was 32.2. BVZ Holding AG's current Cash Flow from Operations (TTM) was 66.3. ==> 66.3 > 32.2 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=361.945/703.7865
=0.51428239

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=382.4/696.7035
=0.5488705

BVZ Holding AG's gearing of this year was 0.51428239. BVZ Holding AG's gearing of last year was 0.5488705. ==> 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
=111.521/58.959
=1.89150087

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=116.759/62.109
=1.87990468

BVZ Holding AG's current ratio of this year was 1.89150087. BVZ Holding AG's current ratio of last year was 1.87990468. ==> 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.

BVZ Holding AG's number of shares in issue this year was 0.197. BVZ Holding AG's number of shares in issue last year was 0.197. ==> 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
=53.136/192.518
=0.27600536

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=30.181/169.387
=0.17817778

BVZ Holding AG's gross margin of this year was 0.27600536. BVZ Holding AG's gross margin of last year was 0.17817778. ==> 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 (Dec24)
=192.518/700.364
=0.27488278

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=169.387/693.043
=0.24441052

BVZ Holding AG's asset turnover of this year was 0.27488278. BVZ Holding AG's asset turnover of last year was 0.24441052. ==> 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+1+1+1+1+1+1+1+1
=9

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

BVZ Holding AG has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 9 mean?
BVZ Holding AG (LTS:0QML) has a Piotroski F-Score of 9 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BVZ Holding AG and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, BVZ Holding AG's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, BVZ Holding AG ranks #1 out of 979 companies in the Transportation industry, placing it in the top 0.099999999999994%.
Is BVZ Holding AG's Piotroski F-Score too high?
BVZ Holding AG's current Piotroski F-Score of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. BVZ Holding AG's value of 9 is 50% above this industry median. Based on the distribution chart, BVZ Holding AG ranks #1 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, BVZ Holding AG has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does BVZ Holding AG's Piotroski F-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, BVZ Holding AG ranks #1 out of 979 companies for Piotroski F-Score. This places BVZ Holding AG in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. BVZ Holding AG's value of 9 is 50% above this benchmark. Historically, BVZ Holding AG's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 6.00, BVZ Holding AG 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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. BVZ Holding AG's current Piotroski F-Score of 9 is 50% 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 BVZ Holding AG and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BVZ Holding AG's current Piotroski F-Score is 9, which is 13% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BVZ Holding AG stock overvalued right now?
BVZ Holding AG (LTS:0QML) has a current Piotroski F-Score of 9. The stock's GF Value™ is CHF1,171.09, compared to a current price of CHF1,640.00 — trading 40% above its estimated fair value. The current Piotroski F-Score is 9, which is 13% above median its 10-year median of 8.00 and 50% above the Transportation industry median of 6.00. BVZ Holding AG's overall GF Score™ is 64/100 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 BVZ Holding AG (LTS:0QML), the current Piotroski F-Score is 9 as of Jun. 27, 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 BVZ Holding AG (LTS:0QML) Overvalued in 2026?

Based on GuruFocus' analysis, BVZ Holding AG stock appears to be overvalued. The current stock price of CHF1,640.00 is trading 40% above its estimated GF Value™ of CHF1,171.09.

Key valuation signals for LTS:0QML:

  • Piotroski F-Score: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: CHF1,171.09 vs. price of CHF1,640.00 (40% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 50% above the Transportation median (#1 of 979)

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


BVZ Holding AG Business Description

Other Exchanges 5K5:GermanyBVZN:Switzerland
Address Bahnhofplatz 7, Brig, CHE, 3900
BVZ Holding AG is Switzerland based firm with its subsidiaries operates a railroad. The Company runs a mountain railway that provides the only access to Zermatt, where road traffic is banned. It is also involved in real estate business.
64GF Score

Get the complete analysis for LTS:0QML

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

CHF1,640.00
Price
CHF1,171.09
GF Value