VEOM Group (STU:2AW1) Piotroski F-Score: 4 (As of Jun. 29, 2026) — Near Median


STU:2AW1 VEOM Group STU:2AW1
34 GF Score
Price €0.02
GF Value €0.10
! 3 Warning Signs
View Full Analysis

What is VEOM Group Piotroski F-Score?

VEOM Group STU:2AW1 34 Piotroski F-Score is 4 as of Jun. 29, 2026, which is at its 10-year median of 4.00. GuruFocus rates STU:2AW1 with a GF Score™ of 34/100 and a GF Value™ of €0.10. The stock has 3 warning signs investors should review. Among 2,432 Hardware companies, VEOM Group ranks worse than 63.08% 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

VEOM Group 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 VEOM Group's Piotroski F-Score or its related term are showing as below:

STU:2AW1' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of VEOM Group was 7. The lowest was 3. And the median was 4.

VEOM Group  (STU:2AW1) 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.


VEOM Group Piotroski F-Score Related Terms


VEOM Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for VEOM Group'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.

VEOM Group Piotroski F-Score Chart

VEOM Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 5.00 3.00 4.00

VEOM Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 3.00 0.00 4.00 0.00

STU:2AW1 vs AAPL: Piotroski F-Score Comparison

For the Consumer Electronics subindustry, VEOM Group'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.


VEOM Group Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, VEOM Group's Piotroski F-Score distribution charts can be found below:

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


STU:2AW1
34GF Score
VEOM Group STU:2AW1
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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was €-2.85 Mil.
Cash Flow from Operations was €-0.60 Mil.
Revenue was €20.35 Mil.
Gross Profit was €8.47 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (25.837 + 22.25) / 2 = €24.0435 Mil.
Total Assets at the begining of this year (Dec23) was €25.84 Mil.
Long-Term Debt & Capital Lease Obligation was €7.29 Mil.
Total Current Assets was €10.15 Mil.
Total Current Liabilities was €16.24 Mil.
Net Income was €-2.05 Mil.

Revenue was €25.02 Mil.
Gross Profit was €10.41 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (31.952 + 25.837) / 2 = €28.8945 Mil.
Total Assets at the begining of last year (Dec22) was €31.95 Mil.
Long-Term Debt & Capital Lease Obligation was €17.26 Mil.
Total Current Assets was €13.82 Mil.
Total Current Liabilities was €7.81 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.

VEOM Group's current Net Income (TTM) was -2.85. ==> 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.

Score 1 if positive, 0 if negative.

VEOM Group's current Cash Flow from Operations (TTM) was -0.60. ==> Negative ==> Score 0.

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 (Dec23)
=-2.846/25.837
=-0.11015211

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-2.045/31.952
=-0.06400225

VEOM Group's return on assets of this year was -0.11015211. VEOM Group's return on assets of last year was -0.06400225. ==> 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.

VEOM Group's current Net Income (TTM) was -2.85. VEOM Group's current Cash Flow from Operations (TTM) was -0.60. ==> -0.60 > -2.85 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=7.288/24.0435
=0.30311727

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=17.263/28.8945
=0.59744934

VEOM Group's gearing of this year was 0.30311727. VEOM Group's gearing of last year was 0.59744934. ==> 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

Current Ratio (This Year: Dec24)=Total Current Assets/Total Current Liabilities
=10.151/16.238
=0.62513856

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=13.823/7.811
=1.76968378

VEOM Group's current ratio of this year was 0.62513856. VEOM Group's current ratio of last year was 1.76968378. ==> 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.

VEOM Group's number of shares in issue this year was 5.976. VEOM Group's number of shares in issue last year was 3.206. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=8.473/20.347
=0.41642503

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10.411/25.016
=0.41617365

VEOM Group's gross margin of this year was 0.41642503. VEOM Group's gross margin of last year was 0.41617365. ==> 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 (Dec23)
=20.347/25.837
=0.78751403

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=25.016/31.952
=0.78292439

VEOM Group's asset turnover of this year was 0.78751403. VEOM Group's asset turnover of last year was 0.78292439. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+1+1
=4

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

VEOM Group has an F-score of 4 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 4 mean?
VEOM Group (STU:2AW1) has a Piotroski F-Score of 4 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VEOM Group and its competitors. This is near median its historical median of 4.00. Over the past decade, VEOM Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, VEOM Group ranks #1534 out of 2432 companies in the Hardware industry, placing it in the top 63.1%.
Is VEOM Group's Piotroski F-Score too high?
VEOM Group's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. VEOM Group's value of 4 is 20% below this industry median. Based on the distribution chart, VEOM Group ranks #1534 out of 2432 companies in the Hardware industry, which is below the industry midpoint. Overall, VEOM Group has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does VEOM Group's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, VEOM Group ranks #1534 out of 2432 companies for Piotroski F-Score. This places VEOM Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. VEOM Group's value of 4 is 20% below this benchmark. Historically, VEOM Group's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, VEOM Group 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,432 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. VEOM Group'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 VEOM Group and its competitors. For the Hardware 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. VEOM Group's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEOM Group stock overvalued right now?
VEOM Group (STU:2AW1) has a current Piotroski F-Score of 4. The stock's GF Value™ is €0.10, compared to a current price of €0.02 — trading 75.6% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Hardware industry median of 5.00. VEOM Group's overall GF Score™ is 34/100 with 3 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 VEOM Group (STU:2AW1), the current Piotroski F-Score is 4 as of Jun. 29, 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 VEOM Group (STU:2AW1) Overvalued in 2026?

Based on GuruFocus' analysis, VEOM Group stock appears to be undervalued. The current stock price of €0.02 is trading 75.6% below its estimated GF Value™ of €0.10.

Key valuation signals for STU:2AW1:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: €0.10 vs. price of €0.02 (75.6% below fair value)
  • GF Score™: 34/100 with 3 warning signs
  • Industry Position: 20% below the Hardware median (#1534 of 2432)

No single metric tells the full story. See the STU:2AW1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VEOM Group Business Description

Address 93, Place Pierre Duhem, Montpellier, FRA, 34000
VEOM Group formerly Cabasse Group is a provider of Smart Home products and services. The company's products are classified under smart audio; home automation; and security and electricity that consists of range of security solutions such as cameras, videophones, alarms, detectors connected to a single ecosystem as well as a wide range of essential electrical accessories for the home such as cords, plugs, sockets, cables.
34GF Score

Get the complete analysis for STU:2AW1

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

€0.02
Price
€0.10
GF Value