Freetrailer Group AS (XSAT:FREETR) Piotroski F-Score: 7 (As of Jul. 01, 2026) — Near Median


XSAT:FREETR Freetrailer Group AS XSAT:FREETR
69 GF Score
Price kr55.50
GF Value kr73.67
Valuation Modestly Undervalued
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What is Freetrailer Group AS Piotroski F-Score?

Freetrailer Group AS XSAT:FREETR +1.09% 69 Piotroski F-Score is 7 as of Jul. 01, 2026, which is at its 10-year median of 7.00. GuruFocus rates XSAT:FREETR with a GF Score™ of 69/100 and a GF Value™ of kr73.67 (Modestly Undervalued). Among 1,063 Business Services companies, Freetrailer Group AS ranks better than 88.99% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Freetrailer Group AS has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

XSAT:FREETR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 7

During the past 8 years, the highest Piotroski F-Score of Freetrailer Group AS was 9. The lowest was 4. And the median was 7.

Freetrailer Group AS  (XSAT:FREETR) 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.


Freetrailer Group AS Piotroski F-Score Related Terms


Freetrailer Group AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Freetrailer Group AS'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.

Freetrailer Group AS Piotroski F-Score Chart

Freetrailer Group AS Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 7.00 5.00 8.00

Freetrailer Group AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 9.00 7.00 5.00 5.00 7.00

XSAT:FREETR vs URI, SUNB, AER: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Freetrailer Group AS'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.


Freetrailer Group AS Piotroski F-Score vs Business Services Industry

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

* The bar in red indicates where Freetrailer Group AS's Piotroski F-Score falls into.


XSAT:FREETR
69GF Score
Freetrailer Group AS XSAT:FREETR
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 0.851 + 7.176 + 9.671 + -0.47 = kr17.2 Mil.
Cash Flow from Operations was 6.049 + 30.793 + 20.344 + -1.251 = kr55.9 Mil.
Revenue was 28.251 + 39.915 + 41.752 + 34.516 = kr144.4 Mil.
Gross Profit was 12.266 + 45.218 + 30.336 + 21.29 = kr109.1 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(72.421 + 77.457 + 130.681 + 145.583 + 144.294) / 5 = kr114.0872 Mil.
Total Assets at the begining of this year (Dec24) was kr72.4 Mil.
Long-Term Debt & Capital Lease Obligation was kr25.4 Mil.
Total Current Assets was kr64.7 Mil.
Total Current Liabilities was kr58.8 Mil.
Net Income was 0.636 + 3.647 + 7.7 + 2.073 = kr14.1 Mil.

Revenue was 22.433 + 31.758 + 33.247 + 28.352 = kr115.8 Mil.
Gross Profit was 9.305 + 18.322 + 18.249 + 12.887 = kr58.8 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(59.942 + 56.521 + 65.42 + 73.993 + 72.421) / 5 = kr65.6594 Mil.
Total Assets at the begining of last year (Dec23) was kr59.9 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.
Total Current Assets was kr51.2 Mil.
Total Current Liabilities was kr19.1 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.

Freetrailer Group AS's current Net Income (TTM) was 17.2. ==> 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.

Freetrailer Group AS's current Cash Flow from Operations (TTM) was 55.9. ==> 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)
=17.228/72.421
=0.2378868

ROA (Last Year)=Net Income/Total Assets (Dec23)
=14.056/59.942
=0.23449334

Freetrailer Group AS's return on assets of this year was 0.2378868. Freetrailer Group AS's return on assets of last year was 0.23449334. ==> 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.

Freetrailer Group AS's current Net Income (TTM) was 17.2. Freetrailer Group AS's current Cash Flow from Operations (TTM) was 55.9. ==> 55.9 > 17.2 ==> 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
=25.419/114.0872
=0.22280326

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/65.6594
=0

Freetrailer Group AS's gearing of this year was 0.22280326. Freetrailer Group AS's gearing of last year was 0. ==> 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
=64.746/58.848
=1.10022431

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=51.175/19.074
=2.68297158

Freetrailer Group AS's current ratio of this year was 1.10022431. Freetrailer Group AS's current ratio of last year was 2.68297158. ==> 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.

Freetrailer Group AS's number of shares in issue this year was 9.401. Freetrailer Group AS's number of shares in issue last year was 9.424. ==> 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
=109.11/144.434
=0.75543155

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=58.763/115.79
=0.50749633

Freetrailer Group AS's gross margin of this year was 0.75543155. Freetrailer Group AS's gross margin of last year was 0.50749633. ==> 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)
=144.434/72.421
=1.99436627

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=115.79/59.942
=1.93170064

Freetrailer Group AS's asset turnover of this year was 1.99436627. Freetrailer Group AS's asset turnover of last year was 1.93170064. ==> 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+1+1
=7

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

Freetrailer Group AS has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Freetrailer Group AS (XSAT:FREETR) has a Piotroski F-Score of 7 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Freetrailer Group AS and its competitors. This is near median its historical median of 7.00. Over the past decade, Freetrailer Group AS's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Freetrailer Group AS ranks #117 out of 1063 companies in the Business Services industry, placing it in the top 11%.
Is Freetrailer Group AS's Piotroski F-Score too high?
Freetrailer Group AS's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Business Services industry median Piotroski F-Score is 5.00. Freetrailer Group AS's value of 7 is 40% above this industry median. Based on the distribution chart, Freetrailer Group AS ranks #117 out of 1063 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Freetrailer Group AS has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Freetrailer Group AS's Piotroski F-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Freetrailer Group AS ranks #117 out of 1063 companies for Piotroski F-Score. This places Freetrailer Group AS in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Freetrailer Group AS's value of 7 is 40% above this benchmark. Historically, Freetrailer Group AS's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Freetrailer Group AS 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. Freetrailer Group AS's current Piotroski F-Score of 7 is 40% 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 Freetrailer Group AS 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. Freetrailer Group AS's current Piotroski F-Score is 7, which is near 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 Freetrailer Group AS stock overvalued right now?
Based on GuruFocus' analysis, Freetrailer Group AS (XSAT:FREETR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr73.67, compared to a current price of kr55.50 — trading 24.7% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Business Services industry median of 5.00. Freetrailer Group AS's overall GF Score™ is 69/100. 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 Freetrailer Group AS (XSAT:FREETR), the current Piotroski F-Score is 7 as of Jul. 01, 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 Freetrailer Group AS (XSAT:FREETR) Overvalued in 2026?

Based on GuruFocus' analysis, Freetrailer Group AS stock appears to be undervalued. The current stock price of kr55.50 is trading 24.7% below its estimated GF Value™ of kr73.67. GuruFocus considers Freetrailer Group AS to be Modestly Undervalued.

Key valuation signals for XSAT:FREETR:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: kr73.67 vs. price of kr55.50 (24.7% below fair value)
  • GF Score™: 69/100
  • Industry Position: 40% above the Business Services median (#117 of 1063)

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


Freetrailer Group AS Business Description

Other Exchanges R0C:Germany
Address Dampfaergevej 10, 5th Floor, Copenhagen, DNK, 2100
Freetrailer Group AS is a Danish technology company providing trailer reservation and borrowing services for free through a sharing economy IT platform. It offers self-service solution via the Freetrailer app and electronic lock, enabling its partners and their customers enjoy maximum flexibility. The group operates as a sharing platform providing rental services for Trio Cargo eBikes, Open trailers, Closed trailers, 2-axle open trailers, Open trailer with cage, and other trypes of trailers across various locations in Denmark, Sweden, Norway, Germany and the Netherlands.
69GF Score

Get the complete analysis for XSAT:FREETR

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

kr55.50
Price
kr73.67
GF Value