Forvia SE (XPAR:FRVIA) Piotroski F-Score: 5 (As of Jul. 05, 2026) — Near Median


XPAR:FRVIA Forvia SE XPAR:FRVIA
72 GF Score
Price €9.15
GF Value €10.86
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Forvia SE Piotroski F-Score?

Forvia SE XPAR:FRVIA +2.72% 72 Piotroski F-Score is 5 as of Jul. 05, 2026, which is at its 10-year median of 5.00. GuruFocus rates XPAR:FRVIA with a GF Score™ of 72/100 and a GF Value™ of €10.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Forvia SE ranks better than 51.78% 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

Forvia SE has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Forvia SE's Piotroski F-Score or its related term are showing as below:

XPAR:FRVIA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Forvia SE was 7. The lowest was 3. And the median was 5.

Forvia SE  (XPAR:FRVIA) 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.


Forvia SE Piotroski F-Score Related Terms


Forvia SE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Forvia SE'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.

Forvia SE Piotroski F-Score Chart

Forvia SE 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 6.00 4.00 6.00 5.00 5.00

Forvia SE 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 6.00 0.00 5.00 0.00 5.00

XPAR:FRVIA vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Forvia SE'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.


Forvia SE Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forvia SE's Piotroski F-Score distribution charts can be found below:

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


XPAR:FRVIA
72GF Score
Forvia SE XPAR:FRVIA
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 €-2,091 Mil.
Cash Flow from Operations was €2,552 Mil.
Revenue was €21,347 Mil.
Gross Profit was €3,162 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (30271.3 + 26336.3) / 2 = €28303.8 Mil.
Total Assets at the begining of this year (Dec24) was €30,271 Mil.
Long-Term Debt & Capital Lease Obligation was €8,777 Mil.
Total Current Assets was €13,952 Mil.
Total Current Liabilities was €12,998 Mil.
Net Income was €-185 Mil.

Revenue was €21,879 Mil.
Gross Profit was €3,168 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (30485.2 + 30271.3) / 2 = €30378.25 Mil.
Total Assets at the begining of last year (Dec23) was €30,485 Mil.
Long-Term Debt & Capital Lease Obligation was €10,081 Mil.
Total Current Assets was €13,009 Mil.
Total Current Liabilities was €13,075 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.

Forvia SE's current Net Income (TTM) was -2,091. ==> 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.

Forvia SE's current Cash Flow from Operations (TTM) was 2,552. ==> 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)
=-2091.1/30271.3
=-0.06907863

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-185.2/30485.2
=-0.00607508

Forvia SE's return on assets of this year was -0.06907863. Forvia SE's return on assets of last year was -0.00607508. ==> 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.

Forvia SE's current Net Income (TTM) was -2,091. Forvia SE's current Cash Flow from Operations (TTM) was 2,552. ==> 2,552 > -2,091 ==> 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
=8777.1/28303.8
=0.31010324

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=10080.7/30378.25
=0.33183939

Forvia SE's gearing of this year was 0.31010324. Forvia SE's gearing of last year was 0.33183939. ==> 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
=13952.3/12997.9
=1.07342725

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=13009/13074.8
=0.99496742

Forvia SE's current ratio of this year was 1.07342725. Forvia SE's current ratio of last year was 0.99496742. ==> 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.

Forvia SE's number of shares in issue this year was 197.837. Forvia SE's number of shares in issue last year was 197.32. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=3161.7/21346.8
=0.14811119

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3167.8/21878.7
=0.14478922

Forvia SE's gross margin of this year was 0.14811119. Forvia SE's gross margin of last year was 0.14478922. ==> 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)
=21346.8/30271.3
=0.7051828

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=21878.7/30485.2
=0.71768268

Forvia SE's asset turnover of this year was 0.7051828. Forvia SE's asset turnover of last year was 0.71768268. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0+1+0
=5

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

Forvia SE has an F-score of 5 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 5 mean?
Forvia SE (XPAR:FRVIA) has a Piotroski F-Score of 5 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Forvia SE and its competitors. This is near median its historical median of 5.00. Over the past decade, Forvia SE's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Forvia SE ranks #622 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 48.2%.
Is Forvia SE's Piotroski F-Score too high?
Forvia SE's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Forvia SE's value of 5 is 0% at this industry median. Based on the distribution chart, Forvia SE ranks #622 out of 1290 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Forvia SE has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forvia SE's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forvia SE ranks #622 out of 1290 companies for Piotroski F-Score. This puts Forvia SE in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Forvia SE's value of 5 is 0% at this benchmark. Historically, Forvia SE'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 5.00 vs. the industry median of 5.00, Forvia SE 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,290 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. Forvia SE's current Piotroski F-Score of 5 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 Forvia SE and its competitors. For the Vehicles & Parts 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. Forvia SE's current Piotroski F-Score is 5, which is near 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 Forvia SE stock overvalued right now?
Based on GuruFocus' analysis, Forvia SE (XPAR:FRVIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.86, compared to a current price of €9.15 — trading 15.7% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Vehicles & Parts industry median of 5.00. Forvia SE's overall GF Score™ is 72/100 with 2 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 Forvia SE (XPAR:FRVIA), the current Piotroski F-Score is 5 as of Jul. 05, 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 Forvia SE (XPAR:FRVIA) Overvalued in 2026?

Based on GuruFocus' analysis, Forvia SE stock appears to be undervalued. The current stock price of €9.15 is trading 15.7% below its estimated GF Value™ of €10.86. GuruFocus considers Forvia SE to be Modestly Undervalued.

Key valuation signals for XPAR:FRVIA:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: €10.86 vs. price of €9.15 (15.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 0% at the Vehicles & Parts median (#622 of 1290)

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


Forvia SE Business Description

Address 23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia SE provides automotive seating structures, vehicle interiors, and electrical parts for the automotive industry. Its business segments include Seating that designs and manufactures complete vehicle seats, seating frames and adjustment mechanisms; Interiors; Clean Mobility that designs and manufactures exhaust systems, solutions for fuel cell electric vehicles, and aftertreatment solutions for commercial vehicles; Electronics that designs and manufactures display technologies, driver assistance systems and cockpit electronics, which includes HELLA Electronics and Clarion Electronics; Lighting designs and manufactures lighting technologies; and Lifecycle solutions provides solutions extending the vehicle lifecycle as well as workshop equipment and special original equipment.
72GF Score

Get the complete analysis for XPAR:FRVIA

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

€9.15
Price
€10.86
GF Value