Wiit SpA (CHIX:WIITM) Piotroski F-Score: 7 (As of Jun. 26, 2026) — Near Median


CHIX:WIITM Wiit SpA CHIX:WIITM
80 GF Score
Price €27.00
GF Value €19.83
! 14 Warning Signs
View Full Analysis

What is Wiit SpA Piotroski F-Score?

Wiit SpA CHIX:WIITM 80 Piotroski F-Score is 7 as of Jun. 26, 2026, which is at its 10-year median of 7.00. GuruFocus rates CHIX:WIITM with a GF Score™ of 80/100 and a GF Value™ of €19.83. The stock has 14 warning signs investors should review. Among 2,743 Software companies, Wiit SpA ranks better than 91.91% 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

Wiit SpA 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 Wiit SpA's Piotroski F-Score or its related term are showing as below:

CHIX:WIITm' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 12 years, the highest Piotroski F-Score of Wiit SpA was 8. The lowest was 3. And the median was 7.

Wiit SpA  (CHIX:WIITm) 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.


Wiit SpA Piotroski F-Score Related Terms


Wiit SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wiit SpA'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.

Wiit SpA Piotroski F-Score Chart

Wiit SpA 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 7.00 7.00 7.00 7.00

Wiit SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.00 7.00 7.00

CHIX:WIITM vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Wiit SpA'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.


Wiit SpA Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Wiit SpA's Piotroski F-Score distribution charts can be found below:

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


CHIX:WIITM
80GF Score
Wiit SpA CHIX:WIITM
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 3.957 + 2.757 + 0.613 + 2.87 = €10.2 Mil.
Cash Flow from Operations was 10.166 + 12.051 + -7.842 + 9.91 = €24.3 Mil.
Revenue was 44.204 + 40.41 + 42.185 + 41.387 = €168.2 Mil.
Gross Profit was 22.915 + 10.815 + 24.33 + 17.039 = €75.1 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(330.122 + 323.58 + 318.477 + 543.609 + 525.986) / 5 = €408.3548 Mil.
Total Assets at the begining of this year (Mar25) was €330.1 Mil.
Long-Term Debt & Capital Lease Obligation was €280.9 Mil.
Total Current Assets was €266.2 Mil.
Total Current Liabilities was €224.2 Mil.
Net Income was 3.427 + 3.7 + -0.924 + 3.157 = €9.4 Mil.

Revenue was 41.047 + 42.419 + 43.46 + 41.111 = €168.0 Mil.
Gross Profit was 18.908 + 11.622 + 23.09 + 15.596 = €69.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(320.715 + 340.58 + 330.341 + 328.668 + 330.122) / 5 = €330.0852 Mil.
Total Assets at the begining of last year (Mar24) was €320.7 Mil.
Long-Term Debt & Capital Lease Obligation was €196.7 Mil.
Total Current Assets was €62.6 Mil.
Total Current Liabilities was €79.8 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.

Wiit SpA's current Net Income (TTM) was 10.2. ==> 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.

Wiit SpA's current Cash Flow from Operations (TTM) was 24.3. ==> 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 (Mar25)
=10.197/330.122
=0.03088858

ROA (Last Year)=Net Income/Total Assets (Mar24)
=9.36/320.715
=0.02918479

Wiit SpA's return on assets of this year was 0.03088858. Wiit SpA's return on assets of last year was 0.02918479. ==> 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.

Wiit SpA's current Net Income (TTM) was 10.2. Wiit SpA's current Cash Flow from Operations (TTM) was 24.3. ==> 24.3 > 10.2 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=280.927/408.3548
=0.68794832

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=196.696/330.0852
=0.59589464

Wiit SpA's gearing of this year was 0.68794832. Wiit SpA's gearing of last year was 0.59589464. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=266.168/224.158
=1.18741245

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=62.591/79.8
=0.78434837

Wiit SpA's current ratio of this year was 1.18741245. Wiit SpA's current ratio of last year was 0.78434837. ==> 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.

Wiit SpA's number of shares in issue this year was 24.53. Wiit SpA's number of shares in issue last year was 25.974. ==> 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
=75.099/168.186
=0.44652349

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=69.216/168.037
=0.41190928

Wiit SpA's gross margin of this year was 0.44652349. Wiit SpA's gross margin of last year was 0.41190928. ==> 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 (Mar25)
=168.186/330.122
=0.5094662

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=168.037/320.715
=0.52394494

Wiit SpA's asset turnover of this year was 0.5094662. Wiit SpA's asset turnover of last year was 0.52394494. ==> 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+1+1+0+1+1+1+0
=7

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

Wiit SpA 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?
Wiit SpA (CHIX:WIITM) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wiit SpA and its competitors. This is near median its historical median of 7.00. Over the past decade, Wiit SpA's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Wiit SpA ranks #222 out of 2743 companies in the Software industry, placing it in the top 8.1%.
Is Wiit SpA's Piotroski F-Score too high?
Wiit SpA's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Wiit SpA's value of 7 is 40% above this industry median. Based on the distribution chart, Wiit SpA ranks #222 out of 2743 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Wiit SpA has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Wiit SpA's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Wiit SpA ranks #222 out of 2743 companies for Piotroski F-Score. This places Wiit SpA in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Wiit SpA's value of 7 is 40% above this benchmark. Historically, Wiit SpA's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Wiit SpA 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. Wiit SpA'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 Wiit SpA 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. Wiit SpA's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wiit SpA stock overvalued right now?
Wiit SpA (CHIX:WIITM) has a current Piotroski F-Score of 7. The stock's GF Value™ is €19.83, compared to a current price of €27.00 — trading 36.2% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Software industry median of 5.00. Wiit SpA's overall GF Score™ is 80/100 with 14 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 Wiit SpA (CHIX:WIITM), the current Piotroski F-Score is 7 as of Jun. 26, 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 Wiit SpA (CHIX:WIITM) Overvalued in 2026?

Based on GuruFocus' analysis, Wiit SpA stock appears to be overvalued. The current stock price of €27.00 is trading 36.2% above its estimated GF Value™ of €19.83.

Key valuation signals for CHIX:WIITM:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: €19.83 vs. price of €27.00 (36.2% above fair value)
  • GF Score™: 80/100 with 14 warning signs
  • Industry Position: 40% above the Software median (#222 of 2743)

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


Wiit SpA Business Description

Other Exchanges WIIT:Italy9PC:Germany
Address Via dei Mercanti, No.12, Milano, ITA, 20121
WIIT SpA is a Cloud Computing Group with a key focus on the provision of IT infrastructure tailored to the specific needs of customers through the Managed Hosted Private Cloud and Hybrid Cloud and also marginally Colocation and the provision of infrastructure configuration, management and control services which guarantee uninterrupted functionality and availability. Company includes four operating segments: Italy Segment, WIIT AG Segment, ECONIS Segment and Gecko Segment. Maximum revenue is from Italy Segment.
80GF Score

Get the complete analysis for CHIX:WIITM

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

€27.00
Price
€19.83
GF Value