RNWHF (Renew Holdings) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


RNWHF Renew Holdings PLC RNWHF
89 GF Score
Price $11.05
GF Value $12.63
! 1 Warning Sign
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What is Renew Holdings Piotroski F-Score?

Renew Holdings RNWHF 89 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates RNWHF with a GF Score™ of 89/100 and a GF Value™ of $12.63. The stock has 1 warning sign investors should review. Among 1,735 Construction companies, Renew Holdings ranks better than 52.8% 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

Renew Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

RNWHF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Renew Holdings was 9. The lowest was 5. And the median was 6.

Renew Holdings  (OTCPK:RNWHF) 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.


Renew Holdings Piotroski F-Score Related Terms


Renew Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Renew Holdings'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.

Renew Holdings Piotroski F-Score Chart

Renew Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 9.00 6.00 6.00 5.00

Renew Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 6.00 0.00 5.00 0.00

RNWHF vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Renew Holdings'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.


Renew Holdings Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Renew Holdings's Piotroski F-Score distribution charts can be found below:

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


RNWHF
89GF Score
Renew Holdings PLC RNWHF
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was $66 Mil.
Cash Flow from Operations was $79 Mil.
Revenue was $1,461 Mil.
Gross Profit was $218 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (724.488 + 717.091) / 2 = $720.7895 Mil.
Total Assets at the begining of this year (Sep24) was $724 Mil.
Long-Term Debt & Capital Lease Obligation was $24 Mil.
Total Current Assets was $311 Mil.
Total Current Liabilities was $353 Mil.
Net Income was $55 Mil.

Revenue was $1,335 Mil.
Gross Profit was $187 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (556.478 + 724.488) / 2 = $640.483 Mil.
Total Assets at the begining of last year (Sep23) was $556 Mil.
Long-Term Debt & Capital Lease Obligation was $21 Mil.
Total Current Assets was $389 Mil.
Total Current Liabilities was $416 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.

Renew Holdings's current Net Income (TTM) was 66. ==> 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.

Renew Holdings's current Cash Flow from Operations (TTM) was 79. ==> 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 (Sep24)
=65.965/724.488
=0.09105051

ROA (Last Year)=Net Income/Total Assets (Sep23)
=54.988/556.478
=0.09881433

Renew Holdings's return on assets of this year was 0.09105051. Renew Holdings's return on assets of last year was 0.09881433. ==> 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.

Renew Holdings's current Net Income (TTM) was 66. Renew Holdings's current Cash Flow from Operations (TTM) was 79. ==> 79 > 66 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=23.853/720.7895
=0.03309288

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=20.642/640.483
=0.0322288

Renew Holdings's gearing of this year was 0.03309288. Renew Holdings's gearing of last year was 0.0322288. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=311.476/353.436
=0.88127978

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=388.862/416.345
=0.93398984

Renew Holdings's current ratio of this year was 0.88127978. Renew Holdings's current ratio of last year was 0.93398984. ==> Last year's current ratio is higher ==> Score 0.

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.

Renew Holdings's number of shares in issue this year was 79.164. Renew Holdings's number of shares in issue last year was 79.165. ==> 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
=218.073/1460.674
=0.14929615

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=187.386/1334.616
=0.14040443

Renew Holdings's gross margin of this year was 0.14929615. Renew Holdings's gross margin of last year was 0.14040443. ==> 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 (Sep24)
=1460.674/724.488
=2.01614658

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=1334.616/556.478
=2.39832662

Renew Holdings's asset turnover of this year was 2.01614658. Renew Holdings's asset turnover of last year was 2.39832662. ==> 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+0+1+1+0
=5

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

Renew Holdings has an F-score of 5 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 5 mean?
Renew Holdings (RNWHF) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Renew Holdings and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Renew Holdings' Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Renew Holdings ranks #819 out of 1735 companies in the Construction industry, placing it in the top 47.2%.
Is Renew Holdings' Piotroski F-Score too high?
Renew Holdings' current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Renew Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Renew Holdings ranks #819 out of 1735 companies in the Construction industry, which is above the industry midpoint. Overall, Renew Holdings has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Renew Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Renew Holdings ranks #819 out of 1735 companies for Piotroski F-Score. This puts Renew Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Renew Holdings' value of 5 is 0% at this benchmark. Historically, Renew Holdings' own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Renew Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Renew Holdings's current Piotroski F-Score of 5 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 Renew Holdings and its competitors. For the Construction 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. Renew Holdings's current Piotroski F-Score is 5, which is 17% below 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 Renew Holdings stock overvalued right now?
Renew Holdings (RNWHF) has a current Piotroski F-Score of 5. The stock's GF Value™ is $12.63, compared to a current price of $11.05 — trading 12.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Construction industry median of 5.00. Renew Holdings' overall GF Score™ is 89/100 with 1 warning sign 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 Renew Holdings (RNWHF), the current Piotroski F-Score is 5 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 Renew Holdings (RNWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Renew Holdings stock appears to be undervalued. The current stock price of $11.05 is trading 12.5% below its estimated GF Value™ of $12.63.

Key valuation signals for RNWHF:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $12.63 vs. price of $11.05 (12.5% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 0% at the Construction median (#819 of 1735)

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


Renew Holdings Business Description

Other Exchanges RNWHl:UKRNWH:UK
Address 3125 Century Way, Thorpe Park, Leeds, West Yorkshire, GBR, LS15 8ZB
Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activities are operated through a business segment that includes Engineering Services, providing infrastructure maintenance across a range of civil, mechanical, and electrical engineering applications. The service process is predominantly based on long-term framework agreements, serving blue-chip customers in regulated markets. Services are delivered directly by the Group's skilled engineering workforce, supplemented by specialist subcontractors where appropriate. The company operates in the UK and Europe, with the majority of operating revenue generated from the UK.
89GF Score

Get the complete analysis for RNWHF

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

$11.05
Price
$12.63
GF Value