NUTEX Investments (BUD:NUTEX) Piotroski F-Score: 7 (As of Jul. 03, 2026) — 133% Above Median


BUD:NUTEX NUTEX Investments PLC BUD:NUTEX
50 GF Score
Price Ft13.40
GF Value Ft13.80
Valuation Fairly Valued
! 3 Warning Signs
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What is NUTEX Investments Piotroski F-Score?

NUTEX Investments BUD:NUTEX -0.37% 50 Piotroski F-Score is 7 as of Jul. 03, 2026, which is 133% above its 10-year median of 3.00. GuruFocus rates BUD:NUTEX with a GF Score™ of 50/100 and a GF Value™ of Ft13.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 981 Drug Manufacturers companies, NUTEX Investments ranks better than 91.85% 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

NUTEX Investments 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 NUTEX Investments's Piotroski F-Score or its related term are showing as below:

BUD:NUTEX' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of NUTEX Investments was 7. The lowest was 2. And the median was 3.

NUTEX Investments  (BUD:NUTEX) 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.


NUTEX Investments Piotroski F-Score Related Terms


NUTEX Investments Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for NUTEX Investments'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.

NUTEX Investments Piotroski F-Score Chart

NUTEX Investments 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 3.00 3.00 4.00 3.00 7.00

NUTEX Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 4.00 0.00 3.00 0.00 7.00

BUD:NUTEX vs ZTS, UTHR, VTRS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, NUTEX Investments'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.


NUTEX Investments Piotroski F-Score vs Drug Manufacturers Industry

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

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


BUD:NUTEX
50GF Score
NUTEX Investments PLC BUD:NUTEX
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Ft494.17 Mil.
Cash Flow from Operations was Ft256.33 Mil.
Revenue was Ft0.45 Mil.
Gross Profit was Ft0.45 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4998.36 + 5555.28) / 2 = Ft5276.82 Mil.
Total Assets at the begining of this year (Dec24) was Ft4,998.36 Mil.
Long-Term Debt & Capital Lease Obligation was Ft0.00 Mil.
Total Current Assets was Ft5,555.06 Mil.
Total Current Liabilities was Ft35.72 Mil.
Net Income was Ft423.41 Mil.

Revenue was Ft0.45 Mil.
Gross Profit was Ft0.45 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (5480.292 + 4998.36) / 2 = Ft5239.326 Mil.
Total Assets at the begining of last year (Dec23) was Ft5,480.29 Mil.
Long-Term Debt & Capital Lease Obligation was Ft0.00 Mil.
Total Current Assets was Ft4,998.23 Mil.
Total Current Liabilities was Ft42.42 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.

NUTEX Investments's current Net Income (TTM) was 494.17. ==> 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.

NUTEX Investments's current Cash Flow from Operations (TTM) was 256.33. ==> 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)
=494.171/4998.36
=0.09886663

ROA (Last Year)=Net Income/Total Assets (Dec23)
=423.412/5480.292
=0.07726085

NUTEX Investments's return on assets of this year was 0.09886663. NUTEX Investments's return on assets of last year was 0.07726085. ==> 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.

NUTEX Investments's current Net Income (TTM) was 494.17. NUTEX Investments's current Cash Flow from Operations (TTM) was 256.33. ==> 256.33 <= 494.17 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/5276.82
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/5239.326
=0

NUTEX Investments's gearing of this year was 0. NUTEX Investments'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: Dec25)=Total Current Assets/Total Current Liabilities
=5555.057/35.718
=155.52542136

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4998.229/42.421
=117.82440301

NUTEX Investments's current ratio of this year was 155.52542136. NUTEX Investments's current ratio of last year was 117.82440301. ==> 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.

NUTEX Investments's number of shares in issue this year was 145.275. NUTEX Investments's number of shares in issue last year was 166.697. ==> 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
=0.45/0.45
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.45/0.45
=1

NUTEX Investments's gross margin of this year was 1. NUTEX Investments's gross margin of last year was 1. ==> 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 (Dec24)
=0.45/4998.36
=9.003E-5

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0.45/5480.292
=8.211E-5

NUTEX Investments's asset turnover of this year was 9.003E-5. NUTEX Investments's asset turnover of last year was 8.211E-5. ==> 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+0+1+1+1+0+1
=7

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

NUTEX Investments 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?
NUTEX Investments (BUD:NUTEX) has a Piotroski F-Score of 7 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NUTEX Investments and its competitors. This is 133% above median its historical median of 3.00. Over the past decade, NUTEX Investments' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, NUTEX Investments ranks #80 out of 981 companies in the Drug Manufacturers industry, placing it in the top 8.2%.
Is NUTEX Investments' Piotroski F-Score too high?
NUTEX Investments' current Piotroski F-Score of 7 is 133% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. NUTEX Investments' value of 7 is 40% above this industry median. Based on the distribution chart, NUTEX Investments ranks #80 out of 981 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, NUTEX Investments has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NUTEX Investments' Piotroski F-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, NUTEX Investments ranks #80 out of 981 companies for Piotroski F-Score. This places NUTEX Investments in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. NUTEX Investments' value of 7 is 40% above this benchmark. Historically, NUTEX Investments' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, NUTEX Investments 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 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. NUTEX Investments'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 NUTEX Investments 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. NUTEX Investments's current Piotroski F-Score is 7, which is 133% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NUTEX Investments stock overvalued right now?
Based on GuruFocus' analysis, NUTEX Investments (BUD:NUTEX) is currently considered Fairly Valued. The stock's GF Value™ is Ft13.80, compared to a current price of Ft13.40 — trading 2.9% below its estimated fair value. The current Piotroski F-Score is 7, which is 133% above median its 10-year median of 3.00 and 40% above the Drug Manufacturers industry median of 5.00. NUTEX Investments' overall GF Score™ is 50/100 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 NUTEX Investments (BUD:NUTEX), the current Piotroski F-Score is 7 as of Jul. 03, 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 NUTEX Investments (BUD:NUTEX) Overvalued in 2026?

Based on GuruFocus' analysis, NUTEX Investments stock appears to be undervalued. The current stock price of Ft13.40 is trading 2.9% below its estimated GF Value™ of Ft13.80. GuruFocus considers NUTEX Investments to be Fairly Valued.

Key valuation signals for BUD:NUTEX:

  • Piotroski F-Score: 7 (133% above median its 10-year median of 3.00)
  • GF Value™: Ft13.80 vs. price of Ft13.40 (2.9% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 40% above the Drug Manufacturers median (#80 of 981)

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


NUTEX Investments Business Description

Address Telepes u. 53., Budapest, HUN, 1147
NUTEX Investments PLC operates as a drug manufacturer in Hungary. The company is engaged in production of products that focuses on health, vitality, and natural ingredients.
50GF Score

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

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