2invest AG (CHIX:2INVD) Piotroski F-Score: 7 (As of Jun. 27, 2026) — 40% Above Median


CHIX:2INVD 2invest AG CHIX:2INVD
38 GF Score
Price €11.25
GF Value €44.22
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What is 2invest AG Piotroski F-Score?

2invest AG CHIX:2INVD 38 Piotroski F-Score is 7 as of Jun. 27, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates CHIX:2INVD with a GF Score™ of 38/100 and a GF Value™ of €44.22. Among 1,597 Asset Management companies, 2invest AG ranks better than 92.92% 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

2invest AG 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 2invest AG's Piotroski F-Score or its related term are showing as below:

CHIX:2INVd' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of 2invest AG was 7. The lowest was 2. And the median was 5.

2invest AG  (CHIX:2INVd) 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.


2invest AG Piotroski F-Score Related Terms


2invest AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for 2invest AG'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.

2invest AG Piotroski F-Score Chart

2invest AG 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 2.00 5.00 7.00 7.00 7.00

2invest AG 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 7.00 0.00 7.00 0.00 7.00

CHIX:2INVD vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, 2invest AG'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.


2invest AG Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, 2invest AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where 2invest AG's Piotroski F-Score falls into.


CHIX:2INVD
38GF Score
2invest AG CHIX:2INVD
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 €3.40 Mil.
Cash Flow from Operations was €12.85 Mil.
Revenue was €1.15 Mil.
Gross Profit was €1.01 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (84.182 + 88.049) / 2 = €86.1155 Mil.
Total Assets at the begining of this year (Dec24) was €84.18 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €20.72 Mil.
Total Current Liabilities was €0.01 Mil.
Net Income was €22.16 Mil.

Revenue was €0.91 Mil.
Gross Profit was €0.77 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (64.175 + 84.182) / 2 = €74.1785 Mil.
Total Assets at the begining of last year (Dec23) was €64.18 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €31.88 Mil.
Total Current Liabilities was €0.18 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.

2invest AG's current Net Income (TTM) was 3.40. ==> 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.

2invest AG's current Cash Flow from Operations (TTM) was 12.85. ==> 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)
=3.398/84.182
=0.04036492

ROA (Last Year)=Net Income/Total Assets (Dec23)
=22.159/64.175
=0.34529022

2invest AG's return on assets of this year was 0.04036492. 2invest AG's return on assets of last year was 0.34529022. ==> 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.

2invest AG's current Net Income (TTM) was 3.40. 2invest AG's current Cash Flow from Operations (TTM) was 12.85. ==> 12.85 > 3.40 ==> 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
=0/86.1155
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/74.1785
=0

2invest AG's gearing of this year was 0. 2invest AG'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
=20.715/0.007
=2959.28571429

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=31.878/0.178
=179.08988764

2invest AG's current ratio of this year was 2959.28571429. 2invest AG's current ratio of last year was 179.08988764. ==> 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.

2invest AG's number of shares in issue this year was 0. 2invest AG's number of shares in issue last year was 5.748. ==> 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
=1.008/1.146
=0.87958115

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.772/0.907
=0.85115766

2invest AG's gross margin of this year was 0.87958115. 2invest AG's gross margin of last year was 0.85115766. ==> 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)
=1.146/84.182
=0.01361336

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0.907/64.175
=0.01413323

2invest AG's asset turnover of this year was 0.01361336. 2invest AG's asset turnover of last year was 0.01413323. ==> 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+0+1+1+1+1+1+0
=7

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

2invest AG 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?
2invest AG (CHIX:2INVD) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on 2invest AG and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, 2invest AG's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, 2invest AG ranks #113 out of 1597 companies in the Asset Management industry, placing it in the top 7.1%.
Is 2invest AG's Piotroski F-Score too high?
2invest AG's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. 2invest AG's value of 7 is 40% above this industry median. Based on the distribution chart, 2invest AG ranks #113 out of 1597 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, 2invest AG has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does 2invest AG's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, 2invest AG ranks #113 out of 1597 companies for Piotroski F-Score. This places 2invest AG in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. 2invest AG's value of 7 is 40% above this benchmark. Historically, 2invest AG's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 2invest AG 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,597 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. 2invest AG'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 2invest AG and its competitors. For the Asset Management 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. 2invest AG's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2invest AG stock overvalued right now?
2invest AG (CHIX:2INVD) has a current Piotroski F-Score of 7. The stock's GF Value™ is €44.22, compared to a current price of €11.25 — trading 74.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Asset Management industry median of 5.00. 2invest AG's overall GF Score™ is 38/100. 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 2invest AG (CHIX:2INVD), the current Piotroski F-Score is 7 as of Jun. 27, 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 2invest AG (CHIX:2INVD) Overvalued in 2026?

Based on GuruFocus' analysis, 2invest AG stock appears to be undervalued. The current stock price of €11.25 is trading 74.6% below its estimated GF Value™ of €44.22.

Key valuation signals for CHIX:2INVD:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: €44.22 vs. price of €11.25 (74.6% below fair value)
  • GF Score™: 38/100
  • Industry Position: 40% above the Asset Management median (#113 of 1597)

No single metric tells the full story. See the CHIX:2INVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2invest AG Business Description

Other Exchanges 2INV:Germany
Address Ziegelhauser Landstr. 3, Heidelberg, BW, DEU, 69120
2invest AG is engaged in the acquisition, management, and sale of investments in corporations and partnerships, especially but not exclusively in the biotechnology, life science, and IT sectors in Germany and abroad.
38GF Score

Get the complete analysis for CHIX:2INVD

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

€11.25
Price
€44.22
GF Value