Realco NV (XBRU:REAL) Piotroski F-Score: 6 (As of Aug. 10, 2026) — Near Median

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XBRU:REAL Realco NV XBRU:REAL
73 GF Score
Price €19.00
GF Value €19.30
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Realco NV Piotroski F-Score?

Realco NV XBRU:REAL 73 Piotroski F-Score is 6 as of Aug. 10, 2026, which is at its 10-year median of 6.00. GuruFocus rates XBRU:REAL with a GF Score™ of 73/100 and a GF Value™ of €19.30 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,908 Consumer Packaged Goods companies, Realco NV ranks better than 72.43% 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

Realco NV 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 Realco NV's Piotroski F-Score or its related term are showing as below:

XBRU:REAL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Realco NV was 7. The lowest was 3. And the median was 6.

Realco NV  (XBRU:REAL) 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.


Realco NV Piotroski F-Score Related Terms


Realco NV Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Realco NV'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.

Realco NV Piotroski F-Score Chart

Realco NV 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 3.00 5.00 6.00 6.00

Realco NV Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 3.00 5.00 6.00 6.00

XBRU:REAL vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Realco NV'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.


Realco NV Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Realco NV's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Realco NV's Piotroski F-Score falls into.


XBRU:REAL
73GF Score
Realco NV XBRU:REAL
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 €-0.67 Mil.
Cash Flow from Operations was €0.00 Mil.
Revenue was €13.79 Mil.
Gross Profit was €6.10 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (16.831 + 15.685) / 2 = €16.258 Mil.
Total Assets at the begining of this year (Dec24) was €16.83 Mil.
Long-Term Debt & Capital Lease Obligation was €3.90 Mil.
Total Current Assets was €5.87 Mil.
Total Current Liabilities was €2.89 Mil.
Net Income was €0.26 Mil.

Revenue was €12.42 Mil.
Gross Profit was €4.66 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (17.321 + 16.831) / 2 = €17.076 Mil.
Total Assets at the begining of last year (Dec23) was €17.32 Mil.
Long-Term Debt & Capital Lease Obligation was €4.20 Mil.
Total Current Assets was €5.37 Mil.
Total Current Liabilities was €2.83 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.

Realco NV's current Net Income (TTM) was -0.67. ==> 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.

Realco NV's current Cash Flow from Operations (TTM) was 0.00. ==> Negative ==> Score 0.

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)
=-0.67/16.831
=-0.0398075

ROA (Last Year)=Net Income/Total Assets (Dec23)
=0.264/17.321
=0.01524161

Realco NV's return on assets of this year was -0.0398075. Realco NV's return on assets of last year was 0.01524161. ==> 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.

Realco NV's current Net Income (TTM) was -0.67. Realco NV's current Cash Flow from Operations (TTM) was 0.00. ==> 0.00 > -0.67 ==> 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
=3.903/16.258
=0.24006643

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4.201/17.076
=0.2460178

Realco NV's gearing of this year was 0.24006643. Realco NV's gearing of last year was 0.2460178. ==> 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
=5.867/2.887
=2.03221337

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=5.368/2.831
=1.89614977

Realco NV's current ratio of this year was 2.03221337. Realco NV's current ratio of last year was 1.89614977. ==> 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.

Realco NV's number of shares in issue this year was 0.644. Realco NV's number of shares in issue last year was 0.644. ==> 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
=6.099/13.792
=0.44221288

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4.664/12.415
=0.37567459

Realco NV's gross margin of this year was 0.44221288. Realco NV's gross margin of last year was 0.37567459. ==> 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 (Dec24)
=13.792/16.831
=0.81944032

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=12.415/17.321
=0.71676

Realco NV's asset turnover of this year was 0.81944032. Realco NV's asset turnover of last year was 0.71676. ==> 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+0+0+1+1+1+1+1+1
=6

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

Realco NV 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?
Realco NV (XBRU:REAL) has a Piotroski F-Score of 6 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Realco NV and its competitors. This is near median its historical median of 6.00. Over the past decade, Realco NV's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Realco NV ranks #526 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 27.6%.
Is Realco NV's Piotroski F-Score too high?
Realco NV'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 3.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Realco NV's value of 6 is 20% above this industry median. Based on the distribution chart, Realco NV ranks #526 out of 1908 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Realco NV has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Realco NV's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Realco NV ranks #526 out of 1908 companies for Piotroski F-Score. This puts Realco NV in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Realco NV's value of 6 is 20% above this benchmark. Historically, Realco NV's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Realco NV 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,908 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. Realco NV'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 Realco NV and its competitors. For the Consumer Packaged Goods 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. Realco NV'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 Realco NV stock overvalued right now?
Based on GuruFocus' analysis, Realco NV (XBRU:REAL) is currently considered Fairly Valued. The stock's GF Value™ is €19.30, compared to a current price of €19.00 — trading 1.6% 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 Consumer Packaged Goods industry median of 5.00. Realco NV's overall GF Score™ is 73/100 with 1 warning sign 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 Realco NV (XBRU:REAL), the current Piotroski F-Score is 6 as of Aug. 10, 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 Realco NV (XBRU:REAL) Overvalued in 2026?

Based on GuruFocus' analysis, Realco NV stock appears to be undervalued. The current stock price of €19.00 is trading 1.6% below its estimated GF Value™ of €19.30. GuruFocus considers Realco NV to be Fairly Valued.

Key valuation signals for XBRU:REAL:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €19.30 vs. price of €19.00 (1.6% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 20% above the Consumer Packaged Goods median (#526 of 1908)

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


Realco NV Business Description

Address Avenue Albert Einstein 15, Louvain-la-Neuve, BEL, 1348
Realco NV is a biotechnology company engaged in the developing, manufacturing, and marketing of enzyme-based products and processes for hygiene and water treatment. It specializes in areas of Biosafety, Sustainable Cleaning, Homedetox, Membrane Filtration and Wastewater treatment.
73GF Score

Get the complete analysis for XBRU:REAL

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

€19.00
Price
€19.30
GF Value