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Azio AI HoldingsAZIO -7.11%42 Piotroski F-Score is 3 as of Jul. 16, 2026, which is 50% above its 10-year median of 2.00. GuruFocus rates AZIO with a GF Score™ of 42/100 and a GF Value™ of $1.58 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,737 Software companies, Azio AI Holdings ranks worse than 78.99% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Azio AI Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Azio AI Holdings's Piotroski F-Score or its related term are showing as below:
AZIO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 2 Max: 4
Current: 3
During the past 6 years, the highest Piotroski F-Score of Azio AI Holdings was 4. The lowest was 2. And the median was 2.
Azio AI Holdings (NAS:AZIO) 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.
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.
Azio AI Holdings Piotroski F-Score Related Terms
Azio AI Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Azio AI Holdings'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.
AZIO vs DCX, FABC, AIEV: Piotroski F-Score Comparison
For the Software - Infrastructure subindustry, Azio AI Holdings'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.
Azio AI Holdings Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Azio AI Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Azio AI Holdings's Piotroski F-Score falls into.
* 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.
*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.
Azio AI Holdings's current Net Income (TTM) was -29.08.
==> 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.
Azio AI Holdings's return on assets of this year was -1.17037633. Azio AI Holdings's return on assets of last year was -0.79234123.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Azio AI Holdings's gearing of this year was 0.06473225. Azio AI Holdings's gearing of last year was 0.00011903.
==> 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
Azio AI Holdings's current ratio of this year was 0.36981812. Azio AI Holdings's current ratio of last year was 1.28039053.
==> 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.
Azio AI Holdings's number of shares in issue this year was 12.886. Azio AI Holdings's number of shares in issue last year was 21.805.
==> 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.
Azio AI Holdings's gross margin of this year was -1.77793866. Azio AI Holdings's gross margin of last year was 0.18170806.
==> 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
Azio AI Holdings's asset turnover of this year was 0.30577581. Azio AI Holdings's asset turnover of last year was 0.07127747.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Azio AI Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Azio AI Holdings (AZIO) has a Piotroski F-Score of 3 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Azio AI Holdings and its competitors. This is 50% above median its historical median of 2.00. Over the past decade, Azio AI Holdings' Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Azio AI Holdings ranks #2162 out of 2737 companies in the Software industry, placing it in the top 79%.
Is Azio AI Holdings' Piotroski F-Score too high?
Azio AI Holdings' current Piotroski F-Score of 3 is 50% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Software industry median Piotroski F-Score is 5.00. Azio AI Holdings' value of 3 is 40% below this industry median. Based on the distribution chart, Azio AI Holdings ranks #2162 out of 2737 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Azio AI Holdings has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azio AI Holdings' Piotroski F-Score compare to DCX and FABC?
According to the Software industry distribution chart, Azio AI Holdings ranks #2162 out of 2737 companies for Piotroski F-Score. This places Azio AI Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Azio AI Holdings' value of 3 is 40% below this benchmark. Historically, Azio AI Holdings' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.00, Azio AI Holdings 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,737 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. Azio AI Holdings's current Piotroski F-Score of 3 is 40% 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 Azio AI Holdings and its competitors. For the Software 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. Azio AI Holdings's current Piotroski F-Score is 3, which is 50% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azio AI Holdings stock overvalued right now?
Based on GuruFocus' analysis, Azio AI Holdings (AZIO) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.58, compared to a current price of $1.81 — trading 14.6% above its estimated fair value. The current Piotroski F-Score is 3, which is 50% above median its 10-year median of 2.00 and 40% below the Software industry median of 5.00. Azio AI Holdings' overall GF Score™ is 42/100 with 8 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 Azio AI Holdings (AZIO), the current Piotroski F-Score is 3 as of Jul. 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 Azio AI Holdings (AZIO) Overvalued in 2026?
Based on GuruFocus' analysis, Azio AI Holdings stock appears to be overvalued.
The current stock price of $1.81 is trading 14.6% above its estimated GF Value™ of $1.58.
GuruFocus considers Azio AI Holdings to be Modestly Overvalued.
Key valuation signals for AZIO:
Piotroski F-Score: 3 (50% above median its 10-year median of 2.00)
GF Value™: $1.58 vs. price of $1.81 (14.6% above fair value)
Industry Position: 40% below the Software median (#2162 of 2737)
No single metric tells the full story. See the AZIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Envirotech Vehicles Inc is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services. The Company serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities to meet the increasing demand for light to heavy-duty electric vehicles. The company has three segments Electric vehicles, Medical Supplies and Drones. The Company recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services.
42GF Score
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