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Belpointe PREP LLCOZ -0.97%45 Piotroski F-Score is 4 as of Jul. 13, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates OZ with a GF Score™ of 45/100 and a GF Value™ of $319.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,757 Real Estate companies, Belpointe PREP LLC ranks worse than 62.15% 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
Belpointe PREP LLC has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Belpointe PREP LLC's Piotroski F-Score or its related term are showing as below:
OZ'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 4
Current: 4
During the past 6 years, the highest Piotroski F-Score of Belpointe PREP LLC was 4. The lowest was 1. And the median was 3.
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.
Belpointe PREP LLC Piotroski F-Score Related Terms
Belpointe PREP LLC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Belpointe PREP LLC'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.
OZ vs AXR, SDHC, LPA: Piotroski F-Score Comparison
For the Real Estate - Development subindustry, Belpointe PREP LLC'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.
Belpointe PREP LLC Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Belpointe PREP LLC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Belpointe PREP LLC'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.
Belpointe PREP LLC's current Net Income (TTM) was -42.09.
==> 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.
Belpointe PREP LLC's return on assets of this year was -0.07833241. Belpointe PREP LLC's return on assets of last year was -0.06318859.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Belpointe PREP LLC's gearing of this year was 0.49486942. Belpointe PREP LLC's gearing of last year was 0.41269456.
==> 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
Belpointe PREP LLC's current ratio of this year was 1.06701412. Belpointe PREP LLC's current ratio of last year was 0.61799628.
==> 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.
Belpointe PREP LLC's number of shares in issue this year was 3.879. Belpointe PREP LLC's number of shares in issue last year was 3.666.
==> 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.
Belpointe PREP LLC's gross margin of this year was -0.47770264. Belpointe PREP LLC's gross margin of last year was -1.03090508.
==> 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
Belpointe PREP LLC's asset turnover of this year was 0.02174184. Belpointe PREP LLC's asset turnover of last year was 0.00904152.
==> 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
Belpointe PREP LLC has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Belpointe PREP LLC (OZ) has a Piotroski F-Score of 4 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Belpointe PREP LLC and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Belpointe PREP LLC's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Belpointe PREP LLC ranks #1092 out of 1757 companies in the Real Estate industry, placing it in the top 62.2%.
Is Belpointe PREP LLC's Piotroski F-Score too high?
Belpointe PREP LLC's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Real Estate industry median Piotroski F-Score is 5.00. Belpointe PREP LLC's value of 4 is 20% below this industry median. Based on the distribution chart, Belpointe PREP LLC ranks #1092 out of 1757 companies in the Real Estate industry, which is below the industry midpoint. Overall, Belpointe PREP LLC has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Belpointe PREP LLC's Piotroski F-Score compare to AXR and SDHC?
According to the Real Estate industry distribution chart, Belpointe PREP LLC ranks #1092 out of 1757 companies for Piotroski F-Score. This places Belpointe PREP LLC in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Belpointe PREP LLC's value of 4 is 20% below this benchmark. Historically, Belpointe PREP LLC's own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Belpointe PREP LLC 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 1,757 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. Belpointe PREP LLC's current Piotroski F-Score of 4 is 20% 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 Belpointe PREP LLC 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. Belpointe PREP LLC's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belpointe PREP LLC stock overvalued right now?
Based on GuruFocus' analysis, Belpointe PREP LLC (OZ) is currently considered Possible Value Trap. The stock's GF Value™ is $319.25, compared to a current price of $44.76 — trading 86% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Real Estate industry median of 5.00. Belpointe PREP LLC's overall GF Score™ is 45/100 with 7 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 Belpointe PREP LLC (OZ), the current Piotroski F-Score is 4 as of Jul. 13, 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 Belpointe PREP LLC (OZ) Overvalued in 2026?
Based on GuruFocus' analysis, Belpointe PREP LLC stock appears to be undervalued.
The current stock price of $44.76 is trading 86% below its estimated GF Value™ of $319.25.
GuruFocus considers Belpointe PREP LLC to be Possible Value Trap.
Key valuation signals for OZ:
Piotroski F-Score: 4 (33% above median its 10-year median of 3.00)
GF Value™: $319.25 vs. price of $44.76 (86% below fair value)
Industry Position: 20% below the Real Estate median (#1092 of 1757)
No single metric tells the full story. See the OZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories. Company currently has two reporting segments, commercial: includes properties such as office, retail centers, and warehouses; and mixed-use: includes properties that blend both residential and retail components within a single real estate asset. The majority of the revenue is earn from mixed-use segment.
45GF Score
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