PVA TePla AG (CHIX:TPED) Piotroski F-Score: 5 (As of Aug. 12, 2026) — 17% Below Median

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CHIX:TPED PVA TePla AG CHIX:TPED
73 GF Score
Price €30.63
GF Value €18.81
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PVA TePla AG Piotroski F-Score?

PVA TePla AG CHIX:TPED 73 Piotroski F-Score is 5 as of Aug. 12, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates CHIX:TPED with a GF Score™ of 73/100 and a GF Value™ of €18.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,943 Industrial Products companies, PVA TePla AG ranks better than 56.37% 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

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

CHIX:TPEd' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of PVA TePla AG was 9. The lowest was 2. And the median was 6.

PVA TePla AG  (CHIX:TPEd) 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.


PVA TePla AG Piotroski F-Score Related Terms


PVA TePla AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PVA TePla 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.

PVA TePla AG Piotroski F-Score Chart

PVA TePla 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 5.00 3.00 7.00 6.00 4.00

PVA TePla AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 4.00 4.00 5.00

CHIX:TPED vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, PVA TePla 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.


PVA TePla AG Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PVA TePla AG's Piotroski F-Score distribution charts can be found below:

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


CHIX:TPED
73GF Score
PVA TePla AG CHIX:TPED
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -0.026 + 1.423 + -2.074 + -0.721 = €-1.4 Mil.
Cash Flow from Operations was -5.547 + 11.562 + -1.7 + 3.649 = €8.0 Mil.
Revenue was 55.806 + 68.851 + 54.874 + 65.664 = €245.2 Mil.
Gross Profit was 16.421 + 21.55 + 15.615 + 19.675 = €73.3 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(292.987 + 292.067 + 284.485 + 303.676 + 310.231) / 5 = €296.6892 Mil.
Total Assets at the begining of this year (Jun25) was €293.0 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €191.9 Mil.
Total Current Liabilities was €117.0 Mil.
Net Income was 5.585 + 9.276 + 3.542 + 2.688 = €21.1 Mil.

Revenue was 63 + 71.833 + 58.809 + 60.791 = €254.4 Mil.
Gross Profit was 19.434 + 26.228 + 19.494 + 20.383 = €85.5 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(311.399 + 311.078 + 299.459 + 303.641 + 292.987) / 5 = €303.7128 Mil.
Total Assets at the begining of last year (Jun24) was €311.4 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €185.7 Mil.
Total Current Liabilities was €107.2 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.

PVA TePla AG's current Net Income (TTM) was -1.4. ==> 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.

PVA TePla AG's current Cash Flow from Operations (TTM) was 8.0. ==> 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 (Jun25)
=-1.398/292.987
=-0.00477154

ROA (Last Year)=Net Income/Total Assets (Jun24)
=21.091/311.399
=0.06772983

PVA TePla AG's return on assets of this year was -0.00477154. PVA TePla AG's return on assets of last year was 0.06772983. ==> 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.

PVA TePla AG's current Net Income (TTM) was -1.4. PVA TePla AG's current Cash Flow from Operations (TTM) was 8.0. ==> 8.0 > -1.4 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/296.6892
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/303.7128
=0

PVA TePla AG's gearing of this year was 0. PVA TePla 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: Jun26)=Total Current Assets/Total Current Liabilities
=191.869/116.981
=1.64017234

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=185.712/107.174
=1.73280833

PVA TePla AG's current ratio of this year was 1.64017234. PVA TePla AG's current ratio of last year was 1.73280833. ==> 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.

PVA TePla AG's number of shares in issue this year was 18.025. PVA TePla AG's number of shares in issue last year was 20.677. ==> 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
=73.261/245.195
=0.29878668

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=85.539/254.433
=0.3361946

PVA TePla AG's gross margin of this year was 0.29878668. PVA TePla AG's gross margin of last year was 0.3361946. ==> 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 (Jun25)
=245.195/292.987
=0.83688013

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=254.433/311.399
=0.81706428

PVA TePla AG's asset turnover of this year was 0.83688013. PVA TePla AG's asset turnover of last year was 0.81706428. ==> 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
=0+1+0+1+1+0+1+0+1
=5

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

PVA TePla AG 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?
PVA TePla AG (CHIX:TPED) has a Piotroski F-Score of 5 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PVA TePla AG and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, PVA TePla AG's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, PVA TePla AG ranks #1284 out of 2943 companies in the Industrial Products industry, placing it in the top 43.6%.
Is PVA TePla AG's Piotroski F-Score too high?
PVA TePla AG's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. PVA TePla AG's value of 5 is 0% at this industry median. Based on the distribution chart, PVA TePla AG ranks #1284 out of 2943 companies in the Industrial Products industry, which is above the industry midpoint. Overall, PVA TePla AG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PVA TePla AG's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, PVA TePla AG ranks #1284 out of 2943 companies for Piotroski F-Score. This puts PVA TePla AG in the upper half of its industry. The industry median Piotroski F-Score is 5.00. PVA TePla AG's value of 5 is 0% at this benchmark. Historically, PVA TePla AG's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PVA TePla AG 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,943 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. PVA TePla AG'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 PVA TePla AG and its competitors. For the Industrial Products 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. PVA TePla AG's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVA TePla AG stock overvalued right now?
Based on GuruFocus' analysis, PVA TePla AG (CHIX:TPED) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.81, compared to a current price of €30.63 — trading 62.8% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Industrial Products industry median of 5.00. PVA TePla AG's overall GF Score™ is 73/100 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 PVA TePla AG (CHIX:TPED), the current Piotroski F-Score is 5 as of Aug. 12, 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 PVA TePla AG (CHIX:TPED) Overvalued in 2026?

Based on GuruFocus' analysis, PVA TePla AG stock appears to be overvalued. The current stock price of €30.63 is trading 62.8% above its estimated GF Value™ of €18.81. GuruFocus considers PVA TePla AG to be Significantly Overvalued.

Key valuation signals for CHIX:TPED:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: €18.81 vs. price of €30.63 (62.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 0% at the Industrial Products median (#1284 of 2943)

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


PVA TePla AG Business Description

Address Im Westpark 10-12, Wettenberg, HE, DEU, 35435
PVA TePla AG provides high-tech solutions in the fields of materials and measurement technology. The company operates in two reportable segments: Industrial Systems and Semiconductor Systems. The Industrials Systems segment specializes in the development, construction, and marketing of vacuum heat treatment furnaces for processing materials at high temperatures. The Semiconductor Systems segment, which derives key revenue, provides systems for the semiconductor and solar industry, ranging from systems for the production of silicon crystals for the semiconductor, solar, and optoelectronic industry to systems for plasma treatment in the semiconductor assembly. Geographically, the company generates maximum revenue from Europe, and the rest from Asia and North America.
73GF Score

Get the complete analysis for CHIX:TPED

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

€30.63
Price
€18.81
GF Value