3R Games SpolkaAkcyjnaWAR:3RG -2.39%40 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates WAR:3RG with a GF Score™ of 40/100 and a GF Value™ of zł0.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, 3R Games SpolkaAkcyjna ranks better than 72.93% 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
3R Games SpolkaAkcyjna has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for 3R Games SpolkaAkcyjna's Piotroski F-Score or its related term are showing as below:
WAR:3RG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of 3R Games SpolkaAkcyjna was 9. The lowest was 2. And the median was 4.
3R Games SpolkaAkcyjna (WAR:3RG) 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.
3R Games SpolkaAkcyjna Piotroski F-Score Related Terms
3R Games SpolkaAkcyjna Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for 3R Games SpolkaAkcyjna'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.
WAR:3RG vs AMZN, BABA, PDD: Piotroski F-Score Comparison
For the Internet Retail subindustry, 3R Games SpolkaAkcyjna'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.
3R Games SpolkaAkcyjna Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, 3R Games SpolkaAkcyjna's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where 3R Games SpolkaAkcyjna'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.
3R Games SpolkaAkcyjna's current Net Income (TTM) was 3.98.
==> 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.
3R Games SpolkaAkcyjna's current Cash Flow from Operations (TTM) was 2.84.
==> 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.
3R Games SpolkaAkcyjna's return on assets of this year was 0.21443565. 3R Games SpolkaAkcyjna's return on assets of last year was -0.03819779.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
3R Games SpolkaAkcyjna's gearing of this year was 0. 3R Games SpolkaAkcyjna's gearing of last year was 0.
==> 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
3R Games SpolkaAkcyjna's current ratio of this year was 6.4759887. 3R Games SpolkaAkcyjna's current ratio of last year was 5.30659537.
==> 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.
3R Games SpolkaAkcyjna's number of shares in issue this year was 96. 3R Games SpolkaAkcyjna's number of shares in issue last year was 79.238.
==> 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.
3R Games SpolkaAkcyjna's gross margin of this year was 0.74829647. 3R Games SpolkaAkcyjna's gross margin of last year was 0.79956044.
==> 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
3R Games SpolkaAkcyjna's asset turnover of this year was 0.51342914. 3R Games SpolkaAkcyjna's asset turnover of last year was 0.12187935.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
3R Games SpolkaAkcyjna has an F-score of 6 indicating the company's financial situation is typical for a stable company.
3R Games SpolkaAkcyjna (WAR:3RG) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on 3R Games SpolkaAkcyjna and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, 3R Games SpolkaAkcyjna's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, 3R Games SpolkaAkcyjna ranks #298 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 27.1%.
Is 3R Games SpolkaAkcyjna's Piotroski F-Score too high?
3R Games SpolkaAkcyjna's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. 3R Games SpolkaAkcyjna's value of 6 is 20% above this industry median. Based on the distribution chart, 3R Games SpolkaAkcyjna ranks #298 out of 1101 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, 3R Games SpolkaAkcyjna has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 3R Games SpolkaAkcyjna's Piotroski F-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, 3R Games SpolkaAkcyjna ranks #298 out of 1101 companies for Piotroski F-Score. This puts 3R Games SpolkaAkcyjna in the upper half of its industry. The industry median Piotroski F-Score is 5.00. 3R Games SpolkaAkcyjna's value of 6 is 20% above this benchmark. Historically, 3R Games SpolkaAkcyjna's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, 3R Games SpolkaAkcyjna 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. 3R Games SpolkaAkcyjna's current Piotroski F-Score of 6 is 20% 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 3R Games SpolkaAkcyjna and its competitors. For the Retail - Cyclical 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. 3R Games SpolkaAkcyjna's current Piotroski F-Score is 6, which is 50% above 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 3R Games SpolkaAkcyjna stock overvalued right now?
Based on GuruFocus' analysis, 3R Games SpolkaAkcyjna (WAR:3RG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.93, compared to a current price of zł0.74 — trading 20.9% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Retail - Cyclical industry median of 5.00. 3R Games SpolkaAkcyjna's overall GF Score™ is 40/100 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 3R Games SpolkaAkcyjna (WAR:3RG), the current Piotroski F-Score is 6 as of Jun. 26, 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 3R Games SpolkaAkcyjna (WAR:3RG) Overvalued in 2026?
Based on GuruFocus' analysis, 3R Games SpolkaAkcyjna stock appears to be undervalued.
The current stock price of zł0.74 is trading 20.9% below its estimated GF Value™ of zł0.93.
GuruFocus considers 3R Games SpolkaAkcyjna to be Modestly Undervalued.
Key valuation signals for WAR:3RG:
Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
GF Value™: zł0.93 vs. price of zł0.74 (20.9% below fair value)
Industry Position: 20% above the Retail - Cyclical median (#298 of 1101)
No single metric tells the full story. See the WAR:3RG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
3R Games SpolkaAkcyjna formerly HubStyle SA is an e-commerce development company. The company creates web-based tools for Internet users and entrepreneurs as well as develops and operates its own sites. It also operates a price comparison website.
40GF Score
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