Hepsor ASOTSE:HPR1T -2.86%68 Piotroski F-Score is 3 as of Jun. 30, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates OTSE:HPR1T with a GF Score™ of 68/100 and a GF Value™ of €5.16 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,759 Real Estate companies, Hepsor AS ranks worse than 81.24% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
Hepsor AS has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Hepsor AS's Piotroski F-Score or its related term are showing as below:
OTSE:HPR1T'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 3
During the past 9 years, the highest Piotroski F-Score of Hepsor AS was 7. The lowest was 2. And the median was 5.
Hepsor AS (OTSE:HPR1T) 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.
Hepsor AS Piotroski F-Score Related Terms
Hepsor AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hepsor AS'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.
For the Real Estate - Development subindustry, Hepsor AS'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.
Hepsor AS Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hepsor AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hepsor AS'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.
Hepsor AS's current Net Income (TTM) was -0.22.
==> 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.
Hepsor AS's return on assets of this year was -0.00257376. Hepsor AS's return on assets of last year was 0.0111733.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hepsor AS's current ratio of this year was 4.67155504. Hepsor AS's current ratio of last year was 2.64512476.
==> 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.
Hepsor AS's number of shares in issue this year was 3.976. Hepsor AS's number of shares in issue last year was 3.667.
==> 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.
Hepsor AS's gross margin of this year was 0.15957104. Hepsor AS's gross margin of last year was 0.17463683.
==> 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
Hepsor AS's asset turnover of this year was 0.37000143. Hepsor AS's asset turnover of last year was 0.45779549.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hepsor AS has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Hepsor AS (OTSE:HPR1T) has a Piotroski F-Score of 3 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hepsor AS and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Hepsor AS's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Hepsor AS ranks #1429 out of 1759 companies in the Real Estate industry, placing it in the top 81.2%.
Is Hepsor AS's Piotroski F-Score too high?
Hepsor AS's current Piotroski F-Score of 3 is 40% below 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 7.00. The Real Estate industry median Piotroski F-Score is 5.00. Hepsor AS's value of 3 is 40% below this industry median. Based on the distribution chart, Hepsor AS ranks #1429 out of 1759 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hepsor AS has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hepsor AS's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Hepsor AS ranks #1429 out of 1759 companies for Piotroski F-Score. This places Hepsor AS in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hepsor AS's value of 3 is 40% below this benchmark. Historically, Hepsor AS's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Hepsor AS 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 a Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,759 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. Hepsor AS's current Piotroski F-Score of 3 is 40% 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 Hepsor AS and its competitors. For the Real Estate 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. Hepsor AS's current Piotroski F-Score is 3, which is 40% below 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 Hepsor AS stock overvalued right now?
Based on GuruFocus' analysis, Hepsor AS (OTSE:HPR1T) is currently considered Fairly Valued. The stock's GF Value™ is €5.16, compared to a current price of €5.44 — trading 5.4% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Real Estate industry median of 5.00. Hepsor AS's overall GF Score™ is 68/100 with 9 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 Hepsor AS (OTSE:HPR1T), the current Piotroski F-Score is 3 as of Jun. 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 Hepsor AS (OTSE:HPR1T) Overvalued in 2026?
Based on GuruFocus' analysis, Hepsor AS stock appears to be overvalued.
The current stock price of €5.44 is trading 5.4% above its estimated GF Value™ of €5.16.
GuruFocus considers Hepsor AS to be Fairly Valued.
Key valuation signals for OTSE:HPR1T:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: €5.16 vs. price of €5.44 (5.4% above fair value)
Industry Position: 40% below the Real Estate median (#1429 of 1759)
No single metric tells the full story. See the OTSE:HPR1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hepsor AS is an international real estate development company. It is engaged in the development of sustainable and people-centred residential and business environments, combining engineering solutions, environmental friendliness, and modern architecture. Its segments include residential real estate; commercial real estate; and headquarters. Geographically, it operates in Estonia, Latvia and Canada.
68GF Score
Get the complete analysis for OTSE:HPR1T
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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