Gaztransport et technigaz (XPAR:GTT) Piotroski F-Score: 4 (As of Jul. 20, 2026) — 20% Below Median

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XPAR:GTT Gaztransport et technigaz SA XPAR:GTT
96 GF Score
Price €188.30
GF Value €212.30
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Gaztransport et technigaz Piotroski F-Score?

Gaztransport et technigaz XPAR:GTT +1.07% 96 Piotroski F-Score is 4 as of Jul. 20, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XPAR:GTT with a GF Score™ of 96/100 and a GF Value™ of €212.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 973 Oil & Gas companies, Gaztransport et technigaz ranks worse than 59.61% 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

Gaztransport et technigaz has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

XPAR:GTT' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of Gaztransport et technigaz was 7. The lowest was 4. And the median was 5.

Gaztransport et technigaz  (XPAR:GTT) 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.


Gaztransport et technigaz Piotroski F-Score Related Terms


Gaztransport et technigaz Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gaztransport et technigaz'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.

Gaztransport et technigaz Piotroski F-Score Chart

Gaztransport et technigaz 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 5.00 5.00 7.00 6.00 4.00

Gaztransport et technigaz 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 7.00 0.00 6.00 0.00 4.00

XPAR:GTT vs SLB, BKR, HAL: Piotroski F-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Gaztransport et technigaz'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.


Gaztransport et technigaz Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gaztransport et technigaz's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Gaztransport et technigaz's Piotroski F-Score falls into.


XPAR:GTT
96GF Score
Gaztransport et technigaz SA XPAR:GTT
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 €413.6 Mil.
Cash Flow from Operations was €423.2 Mil.
Revenue was €803.0 Mil.
Gross Profit was €762.1 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (814.8 + 1045.8) / 2 = €930.3 Mil.
Total Assets at the begining of this year (Dec24) was €814.8 Mil.
Long-Term Debt & Capital Lease Obligation was €86.1 Mil.
Total Current Assets was €675.2 Mil.
Total Current Liabilities was €337.6 Mil.
Net Income was €347.8 Mil.

Revenue was €641.4 Mil.
Gross Profit was €594.8 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (616.389 + 814.8) / 2 = €715.5945 Mil.
Total Assets at the begining of last year (Dec23) was €616.4 Mil.
Long-Term Debt & Capital Lease Obligation was €9.4 Mil.
Total Current Assets was €678.2 Mil.
Total Current Liabilities was €332.1 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.

Gaztransport et technigaz's current Net Income (TTM) was 413.6. ==> 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.

Gaztransport et technigaz's current Cash Flow from Operations (TTM) was 423.2. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=413.6/814.8
=0.50760923

ROA (Last Year)=Net Income/Total Assets (Dec23)
=347.8/616.389
=0.56425407

Gaztransport et technigaz's return on assets of this year was 0.50760923. Gaztransport et technigaz's return on assets of last year was 0.56425407. ==> 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.

Gaztransport et technigaz's current Net Income (TTM) was 413.6. Gaztransport et technigaz's current Cash Flow from Operations (TTM) was 423.2. ==> 423.2 > 413.6 ==> 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
=86.1/930.3
=0.09255079

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9.4/715.5945
=0.01313593

Gaztransport et technigaz's gearing of this year was 0.09255079. Gaztransport et technigaz's gearing of last year was 0.01313593. ==> 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
=675.2/337.6
=2

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=678.2/332.1
=2.04215598

Gaztransport et technigaz's current ratio of this year was 2. Gaztransport et technigaz's current ratio of last year was 2.04215598. ==> 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.

Gaztransport et technigaz's number of shares in issue this year was 37.176. Gaztransport et technigaz's number of shares in issue last year was 37.137. ==> 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
=762.1/803
=0.949066

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=594.8/641.4
=0.92734643

Gaztransport et technigaz's gross margin of this year was 0.949066. Gaztransport et technigaz's gross margin of last year was 0.92734643. ==> 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)
=803/814.8
=0.98551792

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=641.4/616.389
=1.04057665

Gaztransport et technigaz's asset turnover of this year was 0.98551792. Gaztransport et technigaz's asset turnover of last year was 1.04057665. ==> 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
=1+1+0+1+0+0+0+1+0
=4

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

Gaztransport et technigaz has an F-score of 4 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 4 mean?
Gaztransport et technigaz (XPAR:GTT) has a Piotroski F-Score of 4 as of Jul. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gaztransport et technigaz and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Gaztransport et technigaz's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Gaztransport et technigaz ranks #580 out of 973 companies in the Oil & Gas industry, placing it in the top 59.6%.
Is Gaztransport et technigaz's Piotroski F-Score too high?
Gaztransport et technigaz's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Gaztransport et technigaz's value of 4 is 20% below this industry median. Based on the distribution chart, Gaztransport et technigaz ranks #580 out of 973 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gaztransport et technigaz has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaztransport et technigaz's Piotroski F-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Gaztransport et technigaz ranks #580 out of 973 companies for Piotroski F-Score. This places Gaztransport et technigaz in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Gaztransport et technigaz's value of 4 is 20% below this benchmark. Historically, Gaztransport et technigaz's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Gaztransport et technigaz has consistently been below 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 973 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. Gaztransport et technigaz's current Piotroski F-Score of 4 is 20% below 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 Gaztransport et technigaz and its competitors. For the Oil & Gas 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. Gaztransport et technigaz's current Piotroski F-Score is 4, which is 20% below 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 Gaztransport et technigaz stock overvalued right now?
Based on GuruFocus' analysis, Gaztransport et technigaz (XPAR:GTT) is currently considered Modestly Undervalued. The stock's GF Value™ is €212.30, compared to a current price of €188.30 — trading 11.3% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Oil & Gas industry median of 5.00. Gaztransport et technigaz's overall GF Score™ is 96/100 with 3 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 Gaztransport et technigaz (XPAR:GTT), the current Piotroski F-Score is 4 as of Jul. 20, 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 Gaztransport et technigaz (XPAR:GTT) Overvalued in 2026?

Based on GuruFocus' analysis, Gaztransport et technigaz stock appears to be undervalued. The current stock price of €188.30 is trading 11.3% below its estimated GF Value™ of €212.30. GuruFocus considers Gaztransport et technigaz to be Modestly Undervalued.

Key valuation signals for XPAR:GTT:

  • Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: €212.30 vs. price of €188.30 (11.3% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 20% below the Oil & Gas median (#580 of 973)

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


Gaztransport et technigaz Business Description

Industry EnergyOil & Gas
Address 1, Route de Versailles, Saint-Remy-les-Chevreuse, FRA, 78470
Gaztransport et technigaz SA is a France-based company that provides services relating to the building of liquefied natural gas storage and transport facilities. The company owns its proprietary testing laboratories and conducts research through its partnerships with research institutions, engineering companies, laboratories, and universities. The company's clients mainly comprise liquefied natural gas carriers. The group has two operating segments: the Core Business segment and the Hydrogen segment. The company generates almost all its revenue from South Korea and China.
96GF Score

Get the complete analysis for XPAR:GTT

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

€188.30
Price
€212.30
GF Value