Prosegur Cash (LTS:0RNO) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 20% Above Median


LTS:0RNO Prosegur Cash SA LTS:0RNO
50 GF Score
Price €0.64
GF Value €0.76
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Prosegur Cash Piotroski F-Score?

Prosegur Cash LTS:0RNO +0.39% 50 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates LTS:0RNO with a GF Score™ of 50/100 and a GF Value™ of €0.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 973 Transportation companies, Prosegur Cash ranks better than 72.25% 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

Prosegur Cash 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 Prosegur Cash's Piotroski F-Score or its related term are showing as below:

LTS:0RNO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 12 years, the highest Piotroski F-Score of Prosegur Cash was 8. The lowest was 3. And the median was 5.

Prosegur Cash  (LTS:0RNO) 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.


Prosegur Cash Piotroski F-Score Related Terms


Prosegur Cash Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Prosegur Cash'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.

Prosegur Cash Piotroski F-Score Chart

Prosegur Cash 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 6.00 8.00 5.00 7.00 6.00

Prosegur Cash Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 7.00 6.00 6.00 6.00

LTS:0RNO vs FDX, UPS, JBHT: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Prosegur Cash'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.


Prosegur Cash Piotroski F-Score vs Transportation Industry

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

* The bar in red indicates where Prosegur Cash's Piotroski F-Score falls into.


LTS:0RNO
50GF Score
Prosegur Cash SA LTS:0RNO
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 22.94 + 18.36 + 44.209 + 24.8 = €110 Mil.
Cash Flow from Operations was 40.018 + 57.482 + 100.716 + 18.1 = €216 Mil.
Revenue was 488.995 + 483.105 + 982.234 + 497.3 = €2,452 Mil.
Gross Profit was 488.995 + 483.105 + 865.971 + 497.3 = €2,335 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2433.4 + 2457.099 + 2451.5 + 2746.061 + 2300.8) / 5 = €2477.772 Mil.
Total Assets at the begining of this year (Mar25) was €2,433 Mil.
Long-Term Debt & Capital Lease Obligation was €818 Mil.
Total Current Assets was €1,023 Mil.
Total Current Liabilities was €1,040 Mil.
Net Income was 20.57 + 25.93 + 51.766 + 23 = €121 Mil.

Revenue was 527.595 + 524.905 + 1110.747 + 516.1 = €2,679 Mil.
Gross Profit was 527.595 + 524.905 + 963.552 + 516.1 = €2,532 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2081 + 2190.179 + 2155.8 + 2430.159 + 2433.4) / 5 = €2258.1076 Mil.
Total Assets at the begining of last year (Mar24) was €2,081 Mil.
Long-Term Debt & Capital Lease Obligation was €393 Mil.
Total Current Assets was €1,081 Mil.
Total Current Liabilities was €1,567 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.

Prosegur Cash's current Net Income (TTM) was 110. ==> 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.

Prosegur Cash's current Cash Flow from Operations (TTM) was 216. ==> 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 (Mar25)
=110.309/2433.4
=0.04533122

ROA (Last Year)=Net Income/Total Assets (Mar24)
=121.266/2081
=0.05827295

Prosegur Cash's return on assets of this year was 0.04533122. Prosegur Cash's return on assets of last year was 0.05827295. ==> Last year is higher ==> Score 0.

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.

Prosegur Cash's current Net Income (TTM) was 110. Prosegur Cash's current Cash Flow from Operations (TTM) was 216. ==> 216 > 110 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=818.3/2477.772
=0.33025638

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=393.4/2258.1076
=0.17421668

Prosegur Cash's gearing of this year was 0.33025638. Prosegur Cash's gearing of last year was 0.17421668. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1023.2/1040.4
=0.9834679

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1080.5/1566.8
=0.68962216

Prosegur Cash's current ratio of this year was 0.9834679. Prosegur Cash's current ratio of last year was 0.68962216. ==> 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.

Prosegur Cash's number of shares in issue this year was 1240. Prosegur Cash's number of shares in issue last year was 1468.476. ==> 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
=2335.371/2451.634
=0.95257734

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2532.152/2679.347
=0.94506311

Prosegur Cash's gross margin of this year was 0.95257734. Prosegur Cash's gross margin of last year was 0.94506311. ==> 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 (Mar25)
=2451.634/2433.4
=1.00749322

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2679.347/2081
=1.28752859

Prosegur Cash's asset turnover of this year was 1.00749322. Prosegur Cash's asset turnover of last year was 1.28752859. ==> 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+1+0+1+0+1+1+1+0
=6

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

Prosegur Cash 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?
Prosegur Cash (LTS:0RNO) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prosegur Cash and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Prosegur Cash's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Prosegur Cash ranks #270 out of 973 companies in the Transportation industry, placing it in the top 27.7%.
Is Prosegur Cash's Piotroski F-Score too high?
Prosegur Cash'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 3.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Prosegur Cash's value of 6 is 0% at this industry median. Based on the distribution chart, Prosegur Cash ranks #270 out of 973 companies in the Transportation industry, which is above the industry midpoint. Overall, Prosegur Cash has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prosegur Cash's Piotroski F-Score compare to FDX and UPS?
According to the Transportation industry distribution chart, Prosegur Cash ranks #270 out of 973 companies for Piotroski F-Score. This puts Prosegur Cash in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Prosegur Cash's value of 6 is 0% at this benchmark. Historically, Prosegur Cash's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Prosegur Cash 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 a Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 973 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. Prosegur Cash's current Piotroski F-Score of 6 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 Prosegur Cash 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. Prosegur Cash'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 Prosegur Cash stock overvalued right now?
Based on GuruFocus' analysis, Prosegur Cash (LTS:0RNO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.76, compared to a current price of €0.64 — trading 16.2% 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 0% at the Transportation industry median of 6.00. Prosegur Cash's overall GF Score™ is 50/100 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 Prosegur Cash (LTS:0RNO), the current Piotroski F-Score is 6 as of Jun. 28, 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 Prosegur Cash (LTS:0RNO) Overvalued in 2026?

Based on GuruFocus' analysis, Prosegur Cash stock appears to be undervalued. The current stock price of €0.64 is trading 16.2% below its estimated GF Value™ of €0.76. GuruFocus considers Prosegur Cash to be Modestly Undervalued.

Key valuation signals for LTS:0RNO:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €0.76 vs. price of €0.64 (16.2% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 0% at the Transportation median (#270 of 973)

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


Prosegur Cash Business Description

Address Calle Santa Sabina, 8, Madrid, ESP, 28007
Prosegur Cash SA is engaged in the transit business and the outsourcing of services to financial institutions, retail establishments, government agencies and central banks, national mints, jewelers and other business activities around the world. The company's business lines can be categorized into Transport, Cash management, and New Products such as Automation of payments in shops using self-service cash machines, among others. The Business Divisions of the company are divided into three geographical segments: Europe, Rest of the World (AOA) and LatAm. The majority of the revenue is generated from the LatAm segment, which includes the following countries: Argentina, Brazil, Ecuador, Chile, Colombia, Mexico, Paraguay, Peru, Uruguay, Guatemala, Nicaragua, Costa Rica, and others.
50GF Score

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

€0.64
Price
€0.76
GF Value