Lang & Schwarz AGLTS:0RS1 -2.18%85 Piotroski F-Score is 8 as of Jul. 02, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates LTS:0RS1 with a GF Score™ of 85/100 and a GF Value™ of €33.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 785 Capital Markets companies, Lang & Schwarz AG ranks better than 98.34% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Lang & Schwarz AG has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Lang & Schwarz AG's Piotroski F-Score or its related term are showing as below:
LTS:0RS1'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Lang & Schwarz AG was 8. The lowest was 4. And the median was 6.
Lang & Schwarz AG (LTS:0RS1) 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.
Lang & Schwarz AG Piotroski F-Score Related Terms
Lang & Schwarz AG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lang & Schwarz 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.
LTS:0RS1 vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, Lang & Schwarz 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.
Lang & Schwarz AG Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lang & Schwarz AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lang & Schwarz AG'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.
Lang & Schwarz AG's current Net Income (TTM) was 48.
==> 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.
Lang & Schwarz AG's return on assets of this year was 0.05565636. Lang & Schwarz AG's return on assets of last year was 0.03057088.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lang & Schwarz AG's gearing of this year was 0. Lang & Schwarz AG'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
Lang & Schwarz AG's current ratio of this year was 12.04344802. Lang & Schwarz AG's current ratio of last year was 11.04669211.
==> 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.
Lang & Schwarz AG's number of shares in issue this year was 9.438. Lang & Schwarz AG's number of shares in issue last year was 9.438.
==> 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.
Lang & Schwarz AG's gross margin of this year was 0.10040987. Lang & Schwarz AG's gross margin of last year was 0.11638527.
==> 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
Lang & Schwarz AG's asset turnover of this year was 1.37523457. Lang & Schwarz AG's asset turnover of last year was 1.02246464.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lang & Schwarz AG has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Lang & Schwarz AG (LTS:0RS1) has a Piotroski F-Score of 8 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lang & Schwarz AG and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Lang & Schwarz AG's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Lang & Schwarz AG ranks #13 out of 785 companies in the Capital Markets industry, placing it in the top 1.7%.
Is Lang & Schwarz AG's Piotroski F-Score too high?
Lang & Schwarz AG's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Capital Markets industry median Piotroski F-Score is 5.00. Lang & Schwarz AG's value of 8 is 60% above this industry median. Based on the distribution chart, Lang & Schwarz AG ranks #13 out of 785 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Lang & Schwarz AG has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lang & Schwarz AG's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Lang & Schwarz AG ranks #13 out of 785 companies for Piotroski F-Score. This places Lang & Schwarz AG in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Lang & Schwarz AG's value of 8 is 60% above this benchmark. Historically, Lang & Schwarz AG's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lang & Schwarz 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 785 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. Lang & Schwarz AG's current Piotroski F-Score of 8 is 60% 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 Lang & Schwarz AG and its competitors. For the Capital Markets 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. Lang & Schwarz AG's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lang & Schwarz AG stock overvalued right now?
Based on GuruFocus' analysis, Lang & Schwarz AG (LTS:0RS1) is currently considered Modestly Undervalued. The stock's GF Value™ is €33.55, compared to a current price of €26.90 — trading 19.8% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Capital Markets industry median of 5.00. Lang & Schwarz AG's overall GF Score™ is 85/100 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 Lang & Schwarz AG (LTS:0RS1), the current Piotroski F-Score is 8 as of Jul. 02, 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 Lang & Schwarz AG (LTS:0RS1) Overvalued in 2026?
Based on GuruFocus' analysis, Lang & Schwarz AG stock appears to be undervalued.
The current stock price of €26.90 is trading 19.8% below its estimated GF Value™ of €33.55.
GuruFocus considers Lang & Schwarz AG to be Modestly Undervalued.
Key valuation signals for LTS:0RS1:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: €33.55 vs. price of €26.90 (19.8% below fair value)
Industry Position: 60% above the Capital Markets median (#13 of 785)
No single metric tells the full story. See the LTS:0RS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lang & Schwarz AG is an operative holding company. It offers broad range of leverage products including traditional warrants, turbos, end-use turbos, SFDs and KOGS on indices, domestic and foreign equities, commodities, interest rates and currencies, both as well Intra-day emissions to be able to offer current strikes and knockout levels in every market situation.
85GF Score
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