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Stalexport AutostradyWAR:STX -0.33%81 Piotroski F-Score is 6 as of Aug. 29, 2026, which is at its 10-year median of 6.00. GuruFocus rates WAR:STX with a GF Score™ of 81/100 and a GF Value™ of zł2.93 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,742 Construction companies, Stalexport Autostrady ranks better than 75.95% 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
Stalexport Autostrady 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 Stalexport Autostrady's Piotroski F-Score or its related term are showing as below:
WAR:STX'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Stalexport Autostrady was 9. The lowest was 4. And the median was 6.
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.
Stalexport Autostrady Piotroski F-Score Related Terms
Stalexport Autostrady Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Stalexport Autostrady'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 Infrastructure Operations subindustry, Stalexport Autostrady'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.
Stalexport Autostrady Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Stalexport Autostrady's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Stalexport Autostrady'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.
Stalexport Autostrady's current Net Income (TTM) was 104.6.
==> 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.
Stalexport Autostrady's current Cash Flow from Operations (TTM) was 135.2.
==> 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.
Stalexport Autostrady's return on assets of this year was 0.08944011. Stalexport Autostrady's return on assets of last year was 0.09978232.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Stalexport Autostrady's gearing of this year was 0.00414668. Stalexport Autostrady's gearing of last year was 0.00382874.
==> Last year is lower than this year ==> Score 0.
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
Stalexport Autostrady's current ratio of this year was 2.33562302. Stalexport Autostrady's current ratio of last year was 1.91721915.
==> 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.
Stalexport Autostrady's number of shares in issue this year was 247.262. Stalexport Autostrady's number of shares in issue last year was 242.657.
==> 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.
Stalexport Autostrady's gross margin of this year was 0.53950068. Stalexport Autostrady's gross margin of last year was 0.52282178.
==> 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
Stalexport Autostrady's asset turnover of this year was 0.42985609. Stalexport Autostrady's asset turnover of last year was 0.38047303.
==> 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
Stalexport Autostrady has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Stalexport Autostrady (WAR:STX) has a Piotroski F-Score of 6 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Stalexport Autostrady and its competitors. This is near median its historical median of 6.00. Over the past decade, Stalexport Autostrady's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Stalexport Autostrady ranks #419 out of 1742 companies in the Construction industry, placing it in the top 24.1%.
Is Stalexport Autostrady's Piotroski F-Score too high?
Stalexport Autostrady's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Stalexport Autostrady's value of 6 is 20% above this industry median. Based on the distribution chart, Stalexport Autostrady ranks #419 out of 1742 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Stalexport Autostrady has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stalexport Autostrady's Piotroski F-Score compare to competitors?
According to the Construction industry distribution chart, Stalexport Autostrady ranks #419 out of 1742 companies for Piotroski F-Score. This places Stalexport Autostrady in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Stalexport Autostrady's value of 6 is 20% above this benchmark. Historically, Stalexport Autostrady's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Stalexport Autostrady 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,742 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. Stalexport Autostrady'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 Stalexport Autostrady and its competitors. For the Construction 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. Stalexport Autostrady's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stalexport Autostrady stock overvalued right now?
Based on GuruFocus' analysis, Stalexport Autostrady (WAR:STX) is currently considered Significantly Undervalued. The stock's GF Value™ is zł2.93, compared to a current price of zł1.80 — trading 38.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Stalexport Autostrady's overall GF Score™ is 81/100 with 5 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 Stalexport Autostrady (WAR:STX), the current Piotroski F-Score is 6 as of Aug. 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 Stalexport Autostrady (WAR:STX) Overvalued in 2026?
Based on GuruFocus' analysis, Stalexport Autostrady stock appears to be undervalued.
The current stock price of zł1.80 is trading 38.4% below its estimated GF Value™ of zł2.93.
GuruFocus considers Stalexport Autostrady to be Significantly Undervalued.
Key valuation signals for WAR:STX:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: zł2.93 vs. price of zł1.80 (38.4% below fair value)
Industry Position: 20% above the Construction median (#419 of 1742)
No single metric tells the full story. See the WAR:STX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.
81GF Score
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