Belysse Group NVSTU:BDB +3.16%35 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates STU:BDB with a GF Score™ of 35/100 and a GF Value™ of €0.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,051 Manufacturing - Apparel & Accessories companies, Belysse Group NV ranks better than 59.75% 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
Belysse Group NV 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 Belysse Group NV's Piotroski F-Score or its related term are showing as below:
STU:BDB'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Belysse Group NV was 8. The lowest was 5. And the median was 7.
Belysse Group NV (STU:BDB) 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.
Belysse Group NV Piotroski F-Score Related Terms
Belysse Group NV Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Belysse Group NV'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 Textile Manufacturing subindustry, Belysse Group NV'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.
Belysse Group NV Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belysse Group NV's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Belysse Group NV'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.
Belysse Group NV's current Net Income (TTM) was -6.6.
==> 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.
Belysse Group NV's return on assets of this year was -0.02067885. Belysse Group NV's return on assets of last year was 0.03227835.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Belysse Group NV's gearing of this year was 0.4814894. Belysse Group NV's gearing of last year was 0.48318093.
==> 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
Belysse Group NV's current ratio of this year was 1.61821992. Belysse Group NV's current ratio of last year was 1.78487835.
==> 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.
Belysse Group NV's number of shares in issue this year was 35.943. Belysse Group NV's number of shares in issue last year was 35.943.
==> 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.
Belysse Group NV's gross margin of this year was 0.62977197. Belysse Group NV's gross margin of last year was 0.60824022.
==> 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
Belysse Group NV's asset turnover of this year was 0.79374233. Belysse Group NV's asset turnover of last year was 0.85597621.
==> 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
Belysse Group NV has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Belysse Group NV (STU:BDB) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Belysse Group NV and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Belysse Group NV's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Belysse Group NV ranks #423 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.2%.
Is Belysse Group NV's Piotroski F-Score too high?
Belysse Group NV's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Belysse Group NV's value of 5 is 0% at this industry median. Based on the distribution chart, Belysse Group NV ranks #423 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Belysse Group NV has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belysse Group NV's Piotroski F-Score compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Belysse Group NV ranks #423 out of 1051 companies for Piotroski F-Score. This puts Belysse Group NV in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Belysse Group NV's value of 5 is 0% at this benchmark. Historically, Belysse Group NV's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Belysse Group NV 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,051 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. Belysse Group NV'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 Belysse Group NV and its competitors. For the Manufacturing - Apparel & Accessories 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. Belysse Group NV's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belysse Group NV stock overvalued right now?
Based on GuruFocus' analysis, Belysse Group NV (STU:BDB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.70, compared to a current price of €0.52 — trading 25.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Manufacturing - Apparel & Accessories industry median of 5.00. Belysse Group NV's overall GF Score™ is 35/100 with 6 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 Belysse Group NV (STU:BDB), the current Piotroski F-Score is 5 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 Belysse Group NV (STU:BDB) Overvalued in 2026?
Based on GuruFocus' analysis, Belysse Group NV stock appears to be undervalued.
The current stock price of €0.52 is trading 25.4% below its estimated GF Value™ of €0.70.
GuruFocus considers Belysse Group NV to be Modestly Undervalued.
Key valuation signals for STU:BDB:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: €0.70 vs. price of €0.52 (25.4% below fair value)
Industry Position: 0% at the Manufacturing - Apparel & Accessories median (#423 of 1051)
No single metric tells the full story. See the STU:BDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belysse Group NV manufactures sustainable textile floor coverings for commercial and residential applications and sells its products mainly in North America and Europe under the premium brands. The Group's operating business segments are: the U.S., which generates the maximum revenue, and Europe. The Europe segment designs, manufactures, and distributes branded broadloom carpets (ITC and Arc Edition brand) and modular carpet tiles (modulyss brand). The U.S. segment designs, manufactures, and distributes modular carpet tiles mainly for offices and public projects through the Group's Bentley brand in the U.S. Geographically, the Group generates maximum revenue from its business in North America, followed by Europe, and the Rest of the world.
35GF Score
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