ITV (CHIX:ITVL) Piotroski F-Score: 5 (As of Jun. 24, 2026) — Near Median


CHIX:ITVL ITV PLC CHIX:ITVL
53 GF Score
Price £0.80
GF Value £0.81
Valuation Fairly Valued
! 5 Warning Signs
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What is ITV Piotroski F-Score?

ITV CHIX:ITVL -0.62% 53 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates CHIX:ITVL with a GF Score™ of 53/100 and a GF Value™ of £0.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,015 Media - Diversified companies, ITV ranks better than 60.2% 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

ITV has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for ITV's Piotroski F-Score or its related term are showing as below:

CHIX:ITVl' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of ITV was 7. The lowest was 4. And the median was 5.

ITV  (CHIX:ITVl) 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.


ITV Piotroski F-Score Related Terms


ITV Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for ITV'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.

ITV Piotroski F-Score Chart

ITV 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 5.00 6.00 4.00 7.00 5.00

ITV 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 7.00 0.00 5.00

CHIX:ITVL vs NXST: Piotroski F-Score Comparison

For the Broadcasting subindustry, ITV'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.


ITV Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ITV's Piotroski F-Score distribution charts can be found below:

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


CHIX:ITVL
53GF Score
ITV PLC CHIX:ITVL
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 £220 Mil.
Cash Flow from Operations was £202 Mil.
Revenue was £3,511 Mil.
Gross Profit was £3,511 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4186 + 4285) / 2 = £4235.5 Mil.
Total Assets at the begining of this year (Dec24) was £4,186 Mil.
Long-Term Debt & Capital Lease Obligation was £534 Mil.
Total Current Assets was £2,193 Mil.
Total Current Liabilities was £1,695 Mil.
Net Income was £408 Mil.

Revenue was £3,488 Mil.
Gross Profit was £3,488 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (4191 + 4186) / 2 = £4188.5 Mil.
Total Assets at the begining of last year (Dec23) was £4,191 Mil.
Long-Term Debt & Capital Lease Obligation was £813 Mil.
Total Current Assets was £2,166 Mil.
Total Current Liabilities was £1,329 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.

ITV's current Net Income (TTM) was 220. ==> 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.

ITV's current Cash Flow from Operations (TTM) was 202. ==> 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)
=220/4186
=0.05255614

ROA (Last Year)=Net Income/Total Assets (Dec23)
=408/4191
=0.09735147

ITV's return on assets of this year was 0.05255614. ITV's return on assets of last year was 0.09735147. ==> 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.

ITV's current Net Income (TTM) was 220. ITV's current Cash Flow from Operations (TTM) was 202. ==> 202 <= 220 ==> 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
=534/4235.5
=0.1260772

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=813/4188.5
=0.1941029

ITV's gearing of this year was 0.1260772. ITV's gearing of last year was 0.1941029. ==> 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
=2193/1695
=1.29380531

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2166/1329
=1.62979684

ITV's current ratio of this year was 1.29380531. ITV's current ratio of last year was 1.62979684. ==> 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.

ITV's number of shares in issue this year was 3777. ITV's number of shares in issue last year was 3977. ==> 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
=3511/3511
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3488/3488
=1

ITV's gross margin of this year was 1. ITV'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)
=3511/4186
=0.83874821

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3488/4191
=0.8322596

ITV's asset turnover of this year was 0.83874821. ITV's asset turnover of last year was 0.8322596. ==> 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+0+0+1+0+1+0+1
=5

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

ITV has an F-score of 5 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 5 mean?
ITV (CHIX:ITVL) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ITV and its competitors. This is near median its historical median of 5.00. Over the past decade, ITV's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, ITV ranks #404 out of 1015 companies in the Media - Diversified industry, placing it in the top 39.8%.
Is ITV's Piotroski F-Score too high?
ITV's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Media - Diversified industry median Piotroski F-Score is 5.00. ITV's value of 5 is 0% at this industry median. Based on the distribution chart, ITV ranks #404 out of 1015 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, ITV has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ITV's Piotroski F-Score compare to NXST?
According to the Media - Diversified industry distribution chart, ITV ranks #404 out of 1015 companies for Piotroski F-Score. This puts ITV in the upper half of its industry. The industry median Piotroski F-Score is 5.00. ITV's value of 5 is 0% at this benchmark. Historically, ITV's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, ITV has consistently been at 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,015 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. ITV's current Piotroski F-Score of 5 is 0% at 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 ITV and its competitors. For the Media - Diversified 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. ITV's current Piotroski F-Score is 5, which is near 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 ITV stock overvalued right now?
Based on GuruFocus' analysis, ITV (CHIX:ITVL) is currently considered Fairly Valued. The stock's GF Value™ is £0.81, compared to a current price of £0.80 — trading 1.4% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Media - Diversified industry median of 5.00. ITV's overall GF Score™ is 53/100 with 5 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 ITV (CHIX:ITVL), the current Piotroski F-Score is 5 as of Jun. 24, 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 ITV (CHIX:ITVL) Overvalued in 2026?

Based on GuruFocus' analysis, ITV stock appears to be undervalued. The current stock price of £0.80 is trading 1.4% below its estimated GF Value™ of £0.81. GuruFocus considers ITV to be Fairly Valued.

Key valuation signals for CHIX:ITVL:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: £0.81 vs. price of £0.80 (1.4% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 0% at the Media - Diversified median (#404 of 1015)

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


ITV Business Description

Other Exchanges ITVPY:USAITV:UK
Address 201 Wood Lane, White City Place, London, GBR, W12 7RU
ITV PLC is a broadcasting television company that owns, creates, and distributes the content on its platforms. The company's international content business, ITV Studios, produces programming for ITV's channels as well as other British broadcasters. The company's segment includes ITV Studios and Media and Entertainment. It generates maximum of its revenue from the ITV Studios segment.
53GF Score

Get the complete analysis for CHIX:ITVL

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

£0.80
Price
£0.81
GF Value