Catering International Services (XPAR:ALCIS) Piotroski F-Score: 6 (As of Jul. 02, 2026) — 14% Below Median


XPAR:ALCIS Catering International Services XPAR:ALCIS
84 GF Score
Price €19.20
GF Value €13.95
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Catering International Services Piotroski F-Score?

Catering International Services XPAR:ALCIS -2.78% 84 Piotroski F-Score is 6 as of Jul. 02, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates XPAR:ALCIS with a GF Score™ of 84/100 and a GF Value™ of €13.95 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,063 Business Services companies, Catering International Services ranks better than 72.06% 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

Catering International Services 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 Catering International Services's Piotroski F-Score or its related term are showing as below:

XPAR:ALCIS' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Catering International Services was 8. The lowest was 5. And the median was 7.

Catering International Services  (XPAR:ALCIS) 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.


Catering International Services Piotroski F-Score Related Terms


Catering International Services Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Catering International Services'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.

Catering International Services Piotroski F-Score Chart

Catering International Services 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 7.00 8.00 5.00 7.00 6.00

Catering International Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only 5.00 0.00 7.00 0.00 6.00

XPAR:ALCIS vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Catering International Services'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.


Catering International Services Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Catering International Services's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Catering International Services's Piotroski F-Score falls into.


XPAR:ALCIS
84GF Score
Catering International Services XPAR:ALCIS
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 €9.1 Mil.
Cash Flow from Operations was €45.7 Mil.
Revenue was €489.2 Mil.
Gross Profit was €280.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (231.931 + 263.165) / 2 = €247.548 Mil.
Total Assets at the begining of this year (Dec24) was €231.9 Mil.
Long-Term Debt & Capital Lease Obligation was €9.8 Mil.
Total Current Assets was €230.8 Mil.
Total Current Liabilities was €174.2 Mil.
Net Income was €4.9 Mil.

Revenue was €422.8 Mil.
Gross Profit was €246.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (207.671 + 231.931) / 2 = €219.801 Mil.
Total Assets at the begining of last year (Dec23) was €207.7 Mil.
Long-Term Debt & Capital Lease Obligation was €3.2 Mil.
Total Current Assets was €199.7 Mil.
Total Current Liabilities was €143.8 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.

Catering International Services's current Net Income (TTM) was 9.1. ==> 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.

Catering International Services's current Cash Flow from Operations (TTM) was 45.7. ==> 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 (Dec24)
=9.072/231.931
=0.03911508

ROA (Last Year)=Net Income/Total Assets (Dec23)
=4.868/207.671
=0.02344092

Catering International Services's return on assets of this year was 0.03911508. Catering International Services's return on assets of last year was 0.02344092. ==> This year is higher. ==> Score 1.

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.

Catering International Services's current Net Income (TTM) was 9.1. Catering International Services's current Cash Flow from Operations (TTM) was 45.7. ==> 45.7 > 9.1 ==> 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
=9.802/247.548
=0.03959636

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=3.181/219.801
=0.01447218

Catering International Services's gearing of this year was 0.03959636. Catering International Services's gearing of last year was 0.01447218. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=230.752/174.211
=1.32455471

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=199.735/143.806
=1.38891979

Catering International Services's current ratio of this year was 1.32455471. Catering International Services's current ratio of last year was 1.38891979. ==> 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.

Catering International Services's number of shares in issue this year was 8.041. Catering International Services's number of shares in issue last year was 8.041. ==> 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
=280.728/489.179
=0.57387582

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=246.156/422.847
=0.58213964

Catering International Services's gross margin of this year was 0.57387582. Catering International Services's gross margin of last year was 0.58213964. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=489.179/231.931
=2.10915746

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=422.847/207.671
=2.03613889

Catering International Services's asset turnover of this year was 2.10915746. Catering International Services's asset turnover of last year was 2.03613889. ==> 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
=1+1+1+1+0+0+1+0+1
=6

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

Catering International Services 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?
Catering International Services (XPAR:ALCIS) has a Piotroski F-Score of 6 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Catering International Services and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Catering International Services' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Catering International Services ranks #297 out of 1063 companies in the Business Services industry, placing it in the top 27.9%.
Is Catering International Services' Piotroski F-Score too high?
Catering International Services' current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Catering International Services' value of 6 is 20% above this industry median. Based on the distribution chart, Catering International Services ranks #297 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, Catering International Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Catering International Services' Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Catering International Services ranks #297 out of 1063 companies for Piotroski F-Score. This puts Catering International Services in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Catering International Services' value of 6 is 20% above this benchmark. Historically, Catering International Services' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Catering International Services 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. Catering International Services'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 Catering International Services and its competitors. For the Business Services 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. Catering International Services's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Catering International Services stock overvalued right now?
Based on GuruFocus' analysis, Catering International Services (XPAR:ALCIS) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.95, compared to a current price of €19.20 — trading 37.6% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Business Services industry median of 5.00. Catering International Services' overall GF Score™ is 84/100 with 4 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 Catering International Services (XPAR:ALCIS), the current Piotroski F-Score is 6 as of Jul. 02, 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 Catering International Services (XPAR:ALCIS) Overvalued in 2026?

Based on GuruFocus' analysis, Catering International Services stock appears to be overvalued. The current stock price of €19.20 is trading 37.6% above its estimated GF Value™ of €13.95. GuruFocus considers Catering International Services to be Significantly Overvalued.

Key valuation signals for XPAR:ALCIS:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: €13.95 vs. price of €19.20 (37.6% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 20% above the Business Services median (#297 of 1063)

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


Catering International Services Business Description

Other Exchanges 0J6U:UK8WG:Germany
Address 40 C, avenue de Hambourg BP 184, Marseille, FRA, 13008
Catering International Services is engaged in the business of providing catering accommodations and facilities management services for companies operating in difficult environments. The company is engaged in promoting the socio-economic development of local populations in countries where it operates and also integrated services with its core business. Its services portfolio consists of transport and supply, construction, engineering, multi-technical maintenance, waste management, housekeeping, collection, laundry etc. The company has Africa, Asia, Oceania, Middle East, South America and Commonwealth of independent states geographic segments. It derives the majority of its revenue from Africa segment.
84GF Score

Get the complete analysis for XPAR:ALCIS

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

€19.20
Price
€13.95
GF Value