CPI Property Group (XTER:O5G) Piotroski F-Score: 7 (As of Aug. 04, 2026) — 75% Above Median

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XTER:O5G CPI Property Group SA XTER:O5G
49 GF Score
Price €0.73
GF Value €0.73
Valuation Fairly Valued
! 7 Warning Signs
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What is CPI Property Group Piotroski F-Score?

CPI Property Group XTER:O5G 49 Piotroski F-Score is 7 as of Aug. 04, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates XTER:O5G with a GF Score™ of 49/100 and a GF Value™ of €0.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,753 Real Estate companies, CPI Property Group ranks better than 92.76% 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

CPI Property Group 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 CPI Property Group's Piotroski F-Score or its related term are showing as below:

XTER:O5G' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of CPI Property Group was 7. The lowest was 3. And the median was 4.

CPI Property Group  (XTER:O5G) 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.


CPI Property Group Piotroski F-Score Related Terms


CPI Property Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CPI Property Group'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.

CPI Property Group Piotroski F-Score Chart

CPI Property Group 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 3.00 5.00 7.00 7.00

CPI Property Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 7.00 0.00

XTER:O5G vs CBRE, BEKE, JLL: Piotroski F-Score Comparison

For the Real Estate Services subindustry, CPI Property Group'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.


CPI Property Group Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CPI Property Group's Piotroski F-Score distribution charts can be found below:

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


XTER:O5G
49GF Score
CPI Property Group SA XTER:O5G
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 €186 Mil.
Cash Flow from Operations was €452 Mil.
Revenue was €1,426 Mil.
Gross Profit was €782 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (20563.7 + 20219.6) / 2 = €20391.65 Mil.
Total Assets at the begining of this year (Dec24) was €20,564 Mil.
Long-Term Debt & Capital Lease Obligation was €9,177 Mil.
Total Current Assets was €2,317 Mil.
Total Current Liabilities was €1,319 Mil.
Net Income was €-192 Mil.

Revenue was €1,627 Mil.
Gross Profit was €843 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (21930.3 + 20563.7) / 2 = €21247 Mil.
Total Assets at the begining of last year (Dec23) was €21,930 Mil.
Long-Term Debt & Capital Lease Obligation was €9,755 Mil.
Total Current Assets was €2,282 Mil.
Total Current Liabilities was €1,292 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.

CPI Property Group's current Net Income (TTM) was 186. ==> 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.

CPI Property Group's current Cash Flow from Operations (TTM) was 452. ==> 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)
=185.6/20563.7
=0.00902561

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-192.4/21930.3
=-0.00877325

CPI Property Group's return on assets of this year was 0.00902561. CPI Property Group's return on assets of last year was -0.00877325. ==> 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.

CPI Property Group's current Net Income (TTM) was 186. CPI Property Group's current Cash Flow from Operations (TTM) was 452. ==> 452 > 186 ==> 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
=9176.9/20391.65
=0.45003224

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9754.7/21247
=0.45910952

CPI Property Group's gearing of this year was 0.45003224. CPI Property Group's gearing of last year was 0.45910952. ==> 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
=2317.2/1318.8
=1.75705187

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2282.1/1292.3
=1.76592123

CPI Property Group's current ratio of this year was 1.75705187. CPI Property Group's current ratio of last year was 1.76592123. ==> 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.

CPI Property Group's number of shares in issue this year was 8369.604. CPI Property Group's number of shares in issue last year was 8543.377. ==> 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
=781.8/1425.6
=0.54840067

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=842.5/1626.5
=0.5179834

CPI Property Group's gross margin of this year was 0.54840067. CPI Property Group's gross margin of last year was 0.5179834. ==> 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)
=1425.6/20563.7
=0.06932605

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1626.5/21930.3
=0.07416679

CPI Property Group's asset turnover of this year was 0.06932605. CPI Property Group's asset turnover of last year was 0.07416679. ==> 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+1+1+1+0+1+1+0
=7

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

CPI Property Group 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?
CPI Property Group (XTER:O5G) has a Piotroski F-Score of 7 as of Aug. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CPI Property Group and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, CPI Property Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, CPI Property Group ranks #127 out of 1753 companies in the Real Estate industry, placing it in the top 7.2%.
Is CPI Property Group's Piotroski F-Score too high?
CPI Property Group's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Real Estate industry median Piotroski F-Score is 5.00. CPI Property Group's value of 7 is 40% above this industry median. Based on the distribution chart, CPI Property Group ranks #127 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, CPI Property Group has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CPI Property Group's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CPI Property Group ranks #127 out of 1753 companies for Piotroski F-Score. This places CPI Property Group in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CPI Property Group's value of 7 is 40% above this benchmark. Historically, CPI Property Group'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 4.00 vs. the industry median of 5.00, CPI Property Group 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,753 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. CPI Property Group'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 CPI Property Group and its competitors. For the Real Estate 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. CPI Property Group's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Property Group stock overvalued right now?
Based on GuruFocus' analysis, CPI Property Group (XTER:O5G) is currently considered Fairly Valued. The stock's GF Value™ is €0.73, compared to a current price of €0.73 — trading right at its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Real Estate industry median of 5.00. CPI Property Group's overall GF Score™ is 49/100 with 7 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 CPI Property Group (XTER:O5G), the current Piotroski F-Score is 7 as of Aug. 04, 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 CPI Property Group (XTER:O5G) Overvalued in 2026?

Based on GuruFocus' analysis, CPI Property Group stock appears to be undervalued. The current stock price of €0.73 is trading 0% below its estimated GF Value™ of €0.73. GuruFocus considers CPI Property Group to be Fairly Valued.

Key valuation signals for XTER:O5G:

  • Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
  • GF Value™: €0.73 vs. price of €0.73 (0% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 40% above the Real Estate median (#127 of 1753)

No single metric tells the full story. See the XTER:O5G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPI Property Group Business Description

Other Exchanges O5G:Germany
Address 40, rue de la Vallee, Luxembourg, LUX, L-2661
CPI Property Group SA is a real estate company. The object of the company is the investment in real estate, thus as the purchase, the sale, the construction, the exploitation, the administration and the letting of real estate as well as the property development, for its own account or through the intermediary of its affiliated companies. Its property portfolio includes office, retail, residential, hotels, and complementary assets. Its business activities include Czech Republic, Berlin, Poland, CPI Europe, S IMMO, and Complementary assets. The majority of the rental income is derived from CPI Europe which operates retail and office portfolio in Austria, the Czech Republic, Poland, Hungary, Romania, Germany and other countries.
49GF Score

Get the complete analysis for XTER:O5G

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

€0.73
Price
€0.73
GF Value