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NWAI Dom MaklerskiWAR:NWA -4.91%56 Piotroski F-Score is 3 as of Jul. 17, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates WAR:NWA with a GF Score™ of 56/100 and a GF Value™ of zł10.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 784 Capital Markets companies, NWAI Dom Maklerski ranks worse than 76.91% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
NWAI Dom Maklerski has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for NWAI Dom Maklerski's Piotroski F-Score or its related term are showing as below:
WAR:NWA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 9
Current: 3
During the past 13 years, the highest Piotroski F-Score of NWAI Dom Maklerski was 9. The lowest was 2. And the median was 5.
NWAI Dom Maklerski (WAR:NWA) 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.
NWAI Dom Maklerski Piotroski F-Score Related Terms
NWAI Dom Maklerski Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for NWAI Dom Maklerski'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:NWA vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, NWAI Dom Maklerski'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.
NWAI Dom Maklerski Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, NWAI Dom Maklerski's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where NWAI Dom Maklerski'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.
NWAI Dom Maklerski's current Net Income (TTM) was 8.08.
==> 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.
NWAI Dom Maklerski's return on assets of this year was 0.03299571. NWAI Dom Maklerski's return on assets of last year was 0.02641997.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
NWAI Dom Maklerski's gearing of this year was 0. NWAI Dom Maklerski'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
NWAI Dom Maklerski's current ratio of this year was 1.04791155. NWAI Dom Maklerski's current ratio of last year was 1.09425495.
==> 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.
NWAI Dom Maklerski's number of shares in issue this year was 1.747. NWAI Dom Maklerski's number of shares in issue last year was 1.711.
==> 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.
NWAI Dom Maklerski's gross margin of this year was -0.1361402. NWAI Dom Maklerski's gross margin of last year was 0.59702868.
==> 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
NWAI Dom Maklerski's asset turnover of this year was 0.05732898. NWAI Dom Maklerski's asset turnover of last year was 0.23344234.
==> 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
NWAI Dom Maklerski has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
NWAI Dom Maklerski (WAR:NWA) has a Piotroski F-Score of 3 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NWAI Dom Maklerski and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, NWAI Dom Maklerski's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, NWAI Dom Maklerski ranks #603 out of 784 companies in the Capital Markets industry, placing it in the top 76.9%.
Is NWAI Dom Maklerski's Piotroski F-Score too high?
NWAI Dom Maklerski's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Capital Markets industry median Piotroski F-Score is 5.00. NWAI Dom Maklerski's value of 3 is 40% below this industry median. Based on the distribution chart, NWAI Dom Maklerski ranks #603 out of 784 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, NWAI Dom Maklerski has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NWAI Dom Maklerski's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, NWAI Dom Maklerski ranks #603 out of 784 companies for Piotroski F-Score. This places NWAI Dom Maklerski in the lower half of its industry. The industry median Piotroski F-Score is 5.00. NWAI Dom Maklerski's value of 3 is 40% below this benchmark. Historically, NWAI Dom Maklerski'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 5.00 vs. the industry median of 5.00, NWAI Dom Maklerski 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 784 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. NWAI Dom Maklerski's current Piotroski F-Score of 3 is 40% 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 NWAI Dom Maklerski and its competitors. For the Capital Markets 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. NWAI Dom Maklerski's current Piotroski F-Score is 3, which is 40% below 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 NWAI Dom Maklerski stock overvalued right now?
Based on GuruFocus' analysis, NWAI Dom Maklerski (WAR:NWA) is currently considered Significantly Overvalued. The stock's GF Value™ is zł10.46, compared to a current price of zł31.00 — trading 196.4% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Capital Markets industry median of 5.00. NWAI Dom Maklerski's overall GF Score™ is 56/100 with 8 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 NWAI Dom Maklerski (WAR:NWA), the current Piotroski F-Score is 3 as of Jul. 17, 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 NWAI Dom Maklerski (WAR:NWA) Overvalued in 2026?
Based on GuruFocus' analysis, NWAI Dom Maklerski stock appears to be overvalued.
The current stock price of zł31.00 is trading 196.4% above its estimated GF Value™ of zł10.46.
GuruFocus considers NWAI Dom Maklerski to be Significantly Overvalued.
Key valuation signals for WAR:NWA:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: zł10.46 vs. price of zł31.00 (196.4% above fair value)
Industry Position: 40% below the Capital Markets median (#603 of 784)
No single metric tells the full story. See the WAR:NWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NWAI Dom Maklerski SA provides comprehensive capital market services and solutions for enterprises and local government units. It offers its clients transaction advisory services in the preparation and implementation of capital market transactions using debt instruments, hybrid instruments, capital instruments, and investment certificates. The company focuses on handling securities issues, for which it acts as the offering issue organizer, and provides comprehensive pre- and post-issue services. The company also offers brokerage services in securities trading on the secondary market for domestic and foreign institutional investors. It also Excel services related to maintaining securities records and related services for the function of a depositary for closed-end investment funds.
56GF Score
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