Prva Strategicka AS (XBRA:1PRV001E) Piotroski F-Score: 6 (As of Aug. 31, 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Prva Strategicka AS Piotroski F-Score?

Prva Strategicka AS XBRA:1PRV001E Piotroski F-Score is 6 as of Aug. 31, 2026, which is 20% above its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 541 Conglomerates companies, Prva Strategicka AS ranks better than 73.94% 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

Prva Strategicka AS 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 Prva Strategicka AS's Piotroski F-Score or its related term are showing as below:

XBRA:1PRV001E' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Prva Strategicka AS was 7. The lowest was 2. And the median was 5.

Prva Strategicka AS  (XBRA:1PRV001E) 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.


Prva Strategicka AS Piotroski F-Score Related Terms


Prva Strategicka AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Prva Strategicka AS'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.

Prva Strategicka AS Piotroski F-Score Chart

Prva Strategicka AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 4.00 6.00

Prva Strategicka AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 4.00 0.00 6.00 0.00

XBRA:1PRV001E vs MMM, HON: Piotroski F-Score Comparison

For the Conglomerates subindustry, Prva Strategicka AS'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.


Prva Strategicka AS Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Prva Strategicka AS's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Prva Strategicka AS's Piotroski F-Score falls into.


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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was €-2.84 Mil.
Cash Flow from Operations was €2.21 Mil.
Revenue was €24.28 Mil.
Gross Profit was €5.89 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (34.018 + 29.703) / 2 = €31.8605 Mil.
Total Assets at the begining of this year (Dec23) was €34.02 Mil.
Long-Term Debt & Capital Lease Obligation was €9.59 Mil.
Total Current Assets was €9.80 Mil.
Total Current Liabilities was €16.80 Mil.
Net Income was €-2.40 Mil.

Revenue was €25.73 Mil.
Gross Profit was €5.88 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (36.44 + 34.018) / 2 = €35.229 Mil.
Total Assets at the begining of last year (Dec22) was €36.44 Mil.
Long-Term Debt & Capital Lease Obligation was €13.54 Mil.
Total Current Assets was €11.13 Mil.
Total Current Liabilities was €14.97 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.

Prva Strategicka AS's current Net Income (TTM) was -2.84. ==> 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.

Prva Strategicka AS's current Cash Flow from Operations (TTM) was 2.21. ==> 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 (Dec23)
=-2.835/34.018
=-0.08333823

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-2.397/36.44
=-0.06577936

Prva Strategicka AS's return on assets of this year was -0.08333823. Prva Strategicka AS's return on assets of last year was -0.06577936. ==> Last year is higher ==> Score 0.

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.

Prva Strategicka AS's current Net Income (TTM) was -2.84. Prva Strategicka AS's current Cash Flow from Operations (TTM) was 2.21. ==> 2.21 > -2.84 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9.588/31.8605
=0.3009369

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=13.543/35.229
=0.3844276

Prva Strategicka AS's gearing of this year was 0.3009369. Prva Strategicka AS's gearing of last year was 0.3844276. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=9.803/16.797
=0.58361612

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=11.133/14.968
=0.74378675

Prva Strategicka AS's current ratio of this year was 0.58361612. Prva Strategicka AS's current ratio of last year was 0.74378675. ==> 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.

Prva Strategicka AS's number of shares in issue this year was 0.436. Prva Strategicka AS's number of shares in issue last year was 0.437. ==> 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
=5.885/24.277
=0.24241051

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.88/25.728
=0.22854478

Prva Strategicka AS's gross margin of this year was 0.24241051. Prva Strategicka AS's gross margin of last year was 0.22854478. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec23)
=24.277/34.018
=0.7136516

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=25.728/36.44
=0.70603732

Prva Strategicka AS's asset turnover of this year was 0.7136516. Prva Strategicka AS's asset turnover of last year was 0.70603732. ==> 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+0+1+1+0+1+1+1
=6

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

Prva Strategicka AS has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Prva Strategicka AS (XBRA:1PRV001E) has a Piotroski F-Score of 6 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prva Strategicka AS and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Prva Strategicka AS's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Prva Strategicka AS ranks #141 out of 541 companies in the Conglomerates industry, placing it in the top 26.1%.
Is Prva Strategicka AS's Piotroski F-Score too high?
Prva Strategicka AS's current Piotroski F-Score of 6 is 20% above 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 7.00. The Conglomerates industry median Piotroski F-Score is 6.00. Prva Strategicka AS's value of 6 is 0% at this industry median. Based on the distribution chart, Prva Strategicka AS ranks #141 out of 541 companies in the Conglomerates industry, which is above the industry midpoint.
How does Prva Strategicka AS's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Prva Strategicka AS ranks #141 out of 541 companies for Piotroski F-Score. This puts Prva Strategicka AS in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Prva Strategicka AS's value of 6 is 0% at this benchmark. Historically, Prva Strategicka AS's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Prva Strategicka AS 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 6.00, based on 541 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. Prva Strategicka AS's current Piotroski F-Score of 6 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 Prva Strategicka AS and its competitors. For the Conglomerates industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prva Strategicka AS's current Piotroski F-Score is 6, which is 20% 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 Prva Strategicka AS stock overvalued right now?
Based on GuruFocus' analysis, Prva Strategicka AS (XBRA:1PRV001E) is currently considered Possible Value Trap. The stock's GF Value™ is €2.50, compared to a current price of €1.00 — trading 60% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Conglomerates industry median of 6.00. 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 Prva Strategicka AS (XBRA:1PRV001E), the current Piotroski F-Score is 6 as of Aug. 31, 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.

Prva Strategicka AS Business Description

Address Trnavska cesta 27/B, Bratislava, SVK, 83104
Prva Strategicka AS is engaged in the purchase and sale of goods within free trade by retail and wholesale, brokerage, and also provides organizational, and economic consultancy services.