Primoco UAV SE (XPRA:PRIUA) Piotroski F-Score: 5 (As of Sep. 16, 2026) — Near Median

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XPRA:PRIUA Primoco UAV SE XPRA:PRIUA
80 GF Score
Price Kč690.00
GF Value Kč855.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Primoco UAV SE Piotroski F-Score?

Primoco UAV SE XPRA:PRIUA 80 Piotroski F-Score is 5 as of Sep. 16, 2026, which is at its 10-year median of 5.00. GuruFocus rates XPRA:PRIUA with a GF Score™ of 80/100 and a GF Value™ of Kč855.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 328 Aerospace & Defense companies, Primoco UAV SE ranks better than 55.49% 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

Primoco UAV 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 Primoco UAV SE's Piotroski F-Score or its related term are showing as below:

XPRA:PRIUA' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 5

During the past 8 years, the highest Piotroski F-Score of Primoco UAV SE was 9. The lowest was 2. And the median was 5.

Primoco UAV SE  (XPRA:PRIUA) 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.


Primoco UAV SE Piotroski F-Score Related Terms


Primoco UAV SE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Primoco UAV 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.

Primoco UAV SE Piotroski F-Score Chart

Primoco UAV SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial 5.00 2.00 6.00 9.00 4.00

Primoco UAV SE Quarterly Data
Jun24 Dec24 Jun25 Jun26
Piotroski F-Score 0.00 0.00 0.00 0.00

XPRA:PRIUA vs SPCX, GE, RTX: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Primoco UAV 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.


Primoco UAV SE Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Primoco UAV SE's Piotroski F-Score distribution charts can be found below:

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


XPRA:PRIUA
80GF Score
Primoco UAV SE XPRA:PRIUA
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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was Kč122.1 Mil.
Cash Flow from Operations was Kč68.2 Mil.
Revenue was Kč444.4 Mil.
Gross Profit was Kč134.0 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (394.316 + 498.46) / 2 = Kč446.388 Mil.
Total Assets at the begining of this year (Dec23) was Kč394.3 Mil.
Long-Term Debt & Capital Lease Obligation was Kč0.0 Mil.
Total Current Assets was Kč331.7 Mil.
Total Current Liabilities was Kč31.3 Mil.
Net Income was Kč228.5 Mil.

Revenue was Kč597.5 Mil.
Gross Profit was Kč277.7 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (166.48 + 394.316) / 2 = Kč280.398 Mil.
Total Assets at the begining of last year (Dec22) was Kč166.5 Mil.
Long-Term Debt & Capital Lease Obligation was Kč0.0 Mil.
Total Current Assets was Kč339.5 Mil.
Total Current Liabilities was Kč51.3 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.

Primoco UAV SE's current Net Income (TTM) was 122.1. ==> 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.

Primoco UAV SE's current Cash Flow from Operations (TTM) was 68.2. ==> 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 (Dec23)
=122.086/394.316
=0.30961462

ROA (Last Year)=Net Income/Total Assets (Dec22)
=228.469/166.48
=1.37235103

Primoco UAV SE's return on assets of this year was 0.30961462. Primoco UAV SE's return on assets of last year was 1.37235103. ==> 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.

Primoco UAV SE's current Net Income (TTM) was 122.1. Primoco UAV SE's current Cash Flow from Operations (TTM) was 68.2. ==> 68.2 <= 122.1 ==> CFROA <= ROA ==> Score 0.

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
=0/446.388
=0

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/280.398
=0

Primoco UAV SE's gearing of this year was 0. Primoco UAV SE's gearing of last year was 0. ==> 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
=331.716/31.326
=10.58915916

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=339.464/51.34
=6.61207635

Primoco UAV SE's current ratio of this year was 10.58915916. Primoco UAV SE's current ratio of last year was 6.61207635. ==> 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.

Primoco UAV SE's number of shares in issue this year was 4.709. Primoco UAV SE's number of shares in issue last year was 4.709. ==> 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
=134.04/444.387
=0.30162899

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=277.674/597.533
=0.46470069

Primoco UAV SE's gross margin of this year was 0.30162899. Primoco UAV SE's gross margin of last year was 0.46470069. ==> 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 (Dec23)
=444.387/394.316
=1.12698191

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=597.533/166.48
=3.58921792

Primoco UAV SE's asset turnover of this year was 1.12698191. Primoco UAV SE's asset turnover of last year was 3.58921792. ==> 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+0+1+1+1+0+0
=5

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

Primoco UAV 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?
Primoco UAV SE (XPRA:PRIUA) has a Piotroski F-Score of 5 as of Sep. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Primoco UAV SE and its competitors. This is near median its historical median of 5.00. Over the past decade, Primoco UAV SE's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Primoco UAV SE ranks #146 out of 328 companies in the Aerospace & Defense industry, placing it in the top 44.5%.
Is Primoco UAV SE's Piotroski F-Score too high?
Primoco UAV 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 2.00 to a high of 9.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Primoco UAV SE's value of 5 is 0% at this industry median. Based on the distribution chart, Primoco UAV SE ranks #146 out of 328 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Primoco UAV SE has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primoco UAV SE's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Primoco UAV SE ranks #146 out of 328 companies for Piotroski F-Score. This puts Primoco UAV SE in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Primoco UAV SE's value of 5 is 0% at this benchmark. Historically, Primoco UAV SE's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Primoco UAV 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 an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 328 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. Primoco UAV 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 Primoco UAV SE and its competitors. For the Aerospace & Defense 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. Primoco UAV 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 Primoco UAV SE stock overvalued right now?
Based on GuruFocus' analysis, Primoco UAV SE (XPRA:PRIUA) is currently considered Modestly Undervalued. The stock's GF Value™ is Kč855.29, compared to a current price of Kč690.00 — trading 19.3% 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 Aerospace & Defense industry median of 5.00. Primoco UAV SE's overall GF Score™ is 80/100 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 Primoco UAV SE (XPRA:PRIUA), the current Piotroski F-Score is 5 as of Sep. 16, 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 Primoco UAV SE (XPRA:PRIUA) Overvalued in 2026?

Based on GuruFocus' analysis, Primoco UAV SE stock appears to be undervalued. The current stock price of Kč690.00 is trading 19.3% below its estimated GF Value™ of Kč855.29. GuruFocus considers Primoco UAV SE to be Modestly Undervalued.

Key valuation signals for XPRA:PRIUA:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: Kč855.29 vs. price of Kč690.00 (19.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 0% at the Aerospace & Defense median (#146 of 328)

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


Primoco UAV SE Business Description

Other Exchanges 5VW:Germany
Address Vypadova 1563/29th Floor, Prague, CZE, 15300
Primoco UAV SE is engaged in the production and sale of medium-sized, fully autonomous unmanned aerial vehicles (UAVs) and the provision of related aviation services. The Group operates through a single segment engaged in the sale of aircraft, related equipment, and services. The principal markets targeted by the Company are mainly Europe, the Middle East, Africa and Asia.
80GF Score

Get the complete analysis for XPRA:PRIUA

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

Kč690.00
Price
Kč855.29
GF Value