Great Eagle Holdings (STU:GHK) Piotroski F-Score: 7 (As of Jul. 02, 2026) — 40% Above Median


STU:GHK Great Eagle Holdings Ltd STU:GHK
63 GF Score
Price €1.63
GF Value €2.91
Valuation Possible Value Trap
! 4 Warning Signs
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What is Great Eagle Holdings Piotroski F-Score?

Great Eagle Holdings STU:GHK +0.62% 63 Piotroski F-Score is 7 as of Jul. 02, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates STU:GHK with a GF Score™ of 63/100 and a GF Value™ of €2.91 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,756 Real Estate companies, Great Eagle Holdings ranks better than 93.05% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Great Eagle Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

STU:GHK' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Great Eagle Holdings was 7. The lowest was 3. And the median was 5.

Great Eagle Holdings  (STU:GHK) 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.


Great Eagle Holdings Piotroski F-Score Related Terms


Great Eagle Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Great Eagle 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.

Great Eagle Holdings Piotroski F-Score Chart

Great Eagle Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 7.00 5.00 7.00

Great Eagle Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.00 0.00 5.00 0.00 7.00

Great Eagle Holdings Piotroski F-Score Competitor Comparison

For the Real Estate - Diversified subindustry, Great Eagle 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.


Great Eagle Holdings Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Piotroski F-Score distribution charts can be found below:

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


STU:GHK
63GF Score
Great Eagle Holdings Ltd STU:GHK
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €-182 Mil.
Cash Flow from Operations was €830 Mil.
Revenue was €2,158 Mil.
Gross Profit was €435 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (13463.552 + 11028.385) / 2 = €12245.9685 Mil.
Total Assets at the begining of this year (Dec24) was €13,464 Mil.
Long-Term Debt & Capital Lease Obligation was €2,921 Mil.
Total Current Assets was €1,843 Mil.
Total Current Liabilities was €1,040 Mil.
Net Income was €-213 Mil.

Revenue was €1,336 Mil.
Gross Profit was €517 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (13052.399 + 13463.552) / 2 = €13257.9755 Mil.
Total Assets at the begining of last year (Dec23) was €13,052 Mil.
Long-Term Debt & Capital Lease Obligation was €3,491 Mil.
Total Current Assets was €2,738 Mil.
Total Current Liabilities was €1,612 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.

Great Eagle Holdings's current Net Income (TTM) was -182. ==> 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.

Great Eagle Holdings's current Cash Flow from Operations (TTM) was 830. ==> 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 (Dec24)
=-181.576/13463.552
=-0.01348649

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-213.056/13052.399
=-0.01632313

Great Eagle Holdings's return on assets of this year was -0.01348649. Great Eagle Holdings's return on assets of last year was -0.01632313. ==> This year is higher. ==> Score 1.

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.

Great Eagle Holdings's current Net Income (TTM) was -182. Great Eagle Holdings's current Cash Flow from Operations (TTM) was 830. ==> 830 > -182 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=2920.547/12245.9685
=0.23849049

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=3491.004/13257.9755
=0.26331351

Great Eagle Holdings's gearing of this year was 0.23849049. Great Eagle Holdings's gearing of last year was 0.26331351. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=1842.723/1040.163
=1.77157138

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2738.403/1612.146
=1.69860732

Great Eagle Holdings's current ratio of this year was 1.77157138. Great Eagle Holdings's current ratio of last year was 1.69860732. ==> 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.

Great Eagle Holdings's number of shares in issue this year was 747.723. Great Eagle Holdings's number of shares in issue last year was 747.723. ==> 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
=434.515/2157.625
=0.20138578

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=516.687/1336.482
=0.38660229

Great Eagle Holdings's gross margin of this year was 0.20138578. Great Eagle Holdings's gross margin of last year was 0.38660229. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2157.625/13463.552
=0.16025674

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1336.482/13052.399
=0.10239359

Great Eagle Holdings's asset turnover of this year was 0.16025674. Great Eagle Holdings's asset turnover of last year was 0.10239359. ==> 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+1+1+1+1+1+1+0+1
=7

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

Great Eagle Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Great Eagle Holdings (STU:GHK) has a Piotroski F-Score of 7 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Great Eagle Holdings and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Great Eagle Holdings' Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Great Eagle Holdings ranks #122 out of 1756 companies in the Real Estate industry, placing it in the top 6.9%.
Is Great Eagle Holdings' Piotroski F-Score too high?
Great Eagle Holdings' current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Real Estate industry median Piotroski F-Score is 5.00. Great Eagle Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, Great Eagle Holdings ranks #122 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Great Eagle Holdings has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Great Eagle Holdings' Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Great Eagle Holdings ranks #122 out of 1756 companies for Piotroski F-Score. This places Great Eagle Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Great Eagle Holdings' value of 7 is 40% above this benchmark. Historically, Great Eagle Holdings' own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Great Eagle Holdings has consistently been above 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 1,756 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. Great Eagle Holdings's current Piotroski F-Score of 7 is 40% above 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 Great Eagle Holdings 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. Great Eagle Holdings's current Piotroski F-Score is 7, which is 40% above 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 Great Eagle Holdings stock overvalued right now?
Based on GuruFocus' analysis, Great Eagle Holdings (STU:GHK) is currently considered Possible Value Trap. The stock's GF Value™ is €2.91, compared to a current price of €1.63 — trading 44% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Real Estate industry median of 5.00. Great Eagle Holdings' overall GF Score™ is 63/100 with 4 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 Great Eagle Holdings (STU:GHK), the current Piotroski F-Score is 7 as of Jul. 02, 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 Great Eagle Holdings (STU:GHK) Overvalued in 2026?

Based on GuruFocus' analysis, Great Eagle Holdings stock appears to be undervalued. The current stock price of €1.63 is trading 44% below its estimated GF Value™ of €2.91. GuruFocus considers Great Eagle Holdings to be Possible Value Trap.

Key valuation signals for STU:GHK:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €2.91 vs. price of €1.63 (44% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 40% above the Real Estate median (#122 of 1756)

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


Great Eagle Holdings Business Description

Other Exchanges GEAHF:USA00041:Hong Kong
Address 23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
Great Eagle Holdings Ltd is an investment holding company engaged in property development and investment, ownership and operation of hotels (including hotels under leases), operation of restaurants and flexible workspace, asset and project management, trading of building materials, securities investment, and provision of property management, property agency, and leasing services. Its segments are: Hotel operation includes hotel accommodation, food and banquet operations, and hotel management, while Property investment includes gross rental income and building management service income from leasing of furnished apartments and properties. Property development generates maximum revenue from the sale of properties held for sale. The company generates a majority of its revenue from Hong Kong.
63GF Score

Get the complete analysis for STU:GHK

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

€1.63
Price
€2.91
GF Value