AYTU (Aytu BioPharma) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


AYTU Aytu BioPharma Inc AYTU
40 GF Score
Price $2.17
GF Value $0.84
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Aytu BioPharma Piotroski F-Score?

Aytu BioPharma AYTU -0.91% 40 Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. GuruFocus rates AYTU with a GF Score™ of 40/100 and a GF Value™ of $0.84 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 981 Drug Manufacturers companies, Aytu BioPharma ranks worse than 60.96% 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

Aytu BioPharma 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 Aytu BioPharma's Piotroski F-Score or its related term are showing as below:

AYTU' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Aytu BioPharma was 6. The lowest was 1. And the median was 4.

Aytu BioPharma  (NAS:AYTU) 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.


Aytu BioPharma Piotroski F-Score Related Terms


Aytu BioPharma Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Aytu BioPharma'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.

Aytu BioPharma Piotroski F-Score Chart

Aytu BioPharma Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 5.00 4.00 4.00

Aytu BioPharma 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 4.00 4.00 3.00 4.00 4.00

AYTU vs TXMD, KAYS, APUS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aytu BioPharma'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.


Aytu BioPharma Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aytu BioPharma's Piotroski F-Score distribution charts can be found below:

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


AYTU
40GF Score
Aytu BioPharma Inc AYTU
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -19.818 + 1.965 + -10.584 + -5.618 = $-34.06 Mil.
Cash Flow from Operations was 2.803 + -0.618 + 3.675 + -4.182 = $1.68 Mil.
Revenue was 15.135 + 13.888 + 15.165 + 12.411 = $56.60 Mil.
Gross Profit was 10.254 + 9.186 + 9.624 + 7.599 = $36.66 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(124.201 + 124.177 + 124.988 + 122 + 111.689) / 5 = $121.411 Mil.
Total Assets at the begining of this year (Mar25) was $124.20 Mil.
Long-Term Debt & Capital Lease Obligation was $9.55 Mil.
Total Current Assets was $67.33 Mil.
Total Current Liabilities was $59.97 Mil.
Net Income was -4.617 + 1.474 + 0.788 + 3.994 = $1.64 Mil.

Revenue was 14.593 + 16.574 + 16.221 + 18.452 = $65.84 Mil.
Gross Profit was 11.052 + 11.985 + 10.786 + 12.806 = $46.63 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(128.863 + 118.095 + 115.831 + 116.227 + 124.201) / 5 = $120.6434 Mil.
Total Assets at the begining of last year (Mar24) was $128.86 Mil.
Long-Term Debt & Capital Lease Obligation was $9.54 Mil.
Total Current Assets was $72.51 Mil.
Total Current Liabilities was $70.71 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.

Aytu BioPharma's current Net Income (TTM) was -34.06. ==> 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.

Aytu BioPharma's current Cash Flow from Operations (TTM) was 1.68. ==> 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 (Mar25)
=-34.055/124.201
=-0.27419264

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1.639/128.863
=0.01271893

Aytu BioPharma's return on assets of this year was -0.27419264. Aytu BioPharma's return on assets of last year was 0.01271893. ==> 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.

Aytu BioPharma's current Net Income (TTM) was -34.06. Aytu BioPharma's current Cash Flow from Operations (TTM) was 1.68. ==> 1.68 > -34.06 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=9.549/121.411
=0.0786502

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=9.535/120.6434
=0.07903458

Aytu BioPharma's gearing of this year was 0.0786502. Aytu BioPharma's gearing of last year was 0.07903458. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=67.326/59.972
=1.12262389

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=72.512/70.706
=1.02554239

Aytu BioPharma's current ratio of this year was 1.12262389. Aytu BioPharma's current ratio of last year was 1.02554239. ==> 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.

Aytu BioPharma's number of shares in issue this year was 10.512. Aytu BioPharma's number of shares in issue last year was 8.204. ==> 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
=36.663/56.599
=0.64776763

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=46.629/65.84
=0.70821689

Aytu BioPharma's gross margin of this year was 0.64776763. Aytu BioPharma's gross margin of last year was 0.70821689. ==> 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 (Mar25)
=56.599/124.201
=0.45570487

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=65.84/128.863
=0.51093021

Aytu BioPharma's asset turnover of this year was 0.45570487. Aytu BioPharma's asset turnover of last year was 0.51093021. ==> 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+0+0
=4

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

Aytu BioPharma 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?
Aytu BioPharma (AYTU) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aytu BioPharma and its competitors. This is near median its historical median of 4.00. Over the past decade, Aytu BioPharma's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Aytu BioPharma ranks #598 out of 981 companies in the Drug Manufacturers industry, placing it in the top 61%.
Is Aytu BioPharma's Piotroski F-Score too high?
Aytu BioPharma's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Aytu BioPharma's value of 4 is 20% below this industry median. Based on the distribution chart, Aytu BioPharma ranks #598 out of 981 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Aytu BioPharma has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aytu BioPharma's Piotroski F-Score compare to TXMD and KAYS?
According to the Drug Manufacturers industry distribution chart, Aytu BioPharma ranks #598 out of 981 companies for Piotroski F-Score. This places Aytu BioPharma in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Aytu BioPharma's value of 4 is 20% below this benchmark. Historically, Aytu BioPharma's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Aytu BioPharma 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 a Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 981 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. Aytu BioPharma'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 Aytu BioPharma and its competitors. For the Drug Manufacturers 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. Aytu BioPharma's current Piotroski F-Score is 4, which is near 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 Aytu BioPharma stock overvalued right now?
Based on GuruFocus' analysis, Aytu BioPharma (AYTU) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.84, compared to a current price of $2.17 — trading 158.3% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Drug Manufacturers industry median of 5.00. Aytu BioPharma's overall GF Score™ is 40/100 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 Aytu BioPharma (AYTU), the current Piotroski F-Score is 4 as of Jun. 25, 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 Aytu BioPharma (AYTU) Overvalued in 2026?

Based on GuruFocus' analysis, Aytu BioPharma stock appears to be overvalued. The current stock price of $2.17 is trading 158.3% above its estimated GF Value™ of $0.84. GuruFocus considers Aytu BioPharma to be Significantly Overvalued.

Key valuation signals for AYTU:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $0.84 vs. price of $2.17 (158.3% above fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 20% below the Drug Manufacturers median (#598 of 981)

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


Aytu BioPharma Business Description

Address 7900 East Union Avenue, Suite 920, Denver, CO, USA, 80237
Aytu BioPharma Inc is a specialty pharmaceutical company with a commercial portfolio of prescription therapeutics and consumer health products. The company's primary prescription products treat attention deficit hyperactivity disorder and other common pediatric conditions. It is building a complementary therapeutic development pipeline, including a prospective treatment (AR101/enzastaurin) for vascular Ehlers-Danlos Syndrome, a rare genetic disease resulting in high morbidity and a significantly shortened lifespan. The company operates one business segment consisting of various prescription pharmaceutical products sold through third parties.
40GF Score

Get the complete analysis for AYTU

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

$2.17
Price
$0.84
GF Value