ITT (FRA:2II) Piotroski F-Score: 4 (As of Aug. 11, 2026) — 33% Below Median

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FRA:2II ITT Inc FRA:2II
91 GF Score
Price €182.70
GF Value €168.24
! 7 Warning Signs
View Full Analysis

What is ITT Piotroski F-Score?

ITT FRA:2II -0.65% 91 Piotroski F-Score is 4 as of Aug. 11, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates FRA:2II with a GF Score™ of 91/100 and a GF Value™ of €168.24. The stock has 7 warning signs investors should review. Among 2,945 Industrial Products companies, ITT ranks worse than 65.2% 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

ITT has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

FRA:2II' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of ITT was 9. The lowest was 4. And the median was 6.

ITT  (FRA:2II) 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.


ITT Piotroski F-Score Related Terms


ITT Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for ITT'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.

ITT Piotroski F-Score Chart

ITT 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 6.00 6.00 8.00 7.00 6.00

ITT 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 6.00 5.00 6.00 6.00 4.00

FRA:2II vs IEX, NDSN, INIO: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT Piotroski F-Score vs Industrial Products Industry

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

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


FRA:2II
91GF Score
ITT Inc FRA:2II
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 108.119 + 112.472 + 67.47 + 73.693 = €362 Mil.
Cash Flow from Operations was 147.992 + 194.37 + 34.34 + 165.875 = €543 Mil.
Revenue was 851.233 + 900.116 + 1048.293 + 1278.651 = €4,078 Mil.
Gross Profit was 302.63 + 319.481 + 370.912 + 442.767 = €1,436 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4348.178 + 4311.376 + 5389.082 + 9628.834 + 9579.508) / 5 = €6651.3956 Mil.
Total Assets at the begining of this year (Jun25) was €4,348 Mil.
Long-Term Debt & Capital Lease Obligation was €2,554 Mil.
Total Current Assets was €2,472 Mil.
Total Current Liabilities was €1,957 Mil.
Net Income was 145.602 + 121.285 + 100.27 + 104.907 = €472 Mil.

Revenue was 797.565 + 887.195 + 844.525 + 843.071 = €3,372 Mil.
Gross Profit was 283.545 + 302.162 + 298.96 + 304.144 = €1,189 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(4097.169 + 4454.995 + 4518.392 + 4471.172 + 4348.178) / 5 = €4377.9812 Mil.
Total Assets at the begining of last year (Jun24) was €4,097 Mil.
Long-Term Debt & Capital Lease Obligation was €598 Mil.
Total Current Assets was €1,786 Mil.
Total Current Liabilities was €1,233 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.

ITT's current Net Income (TTM) was 362. ==> 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.

ITT's current Cash Flow from Operations (TTM) was 543. ==> 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)
=361.754/4348.178
=0.08319669

ROA (Last Year)=Net Income/Total Assets (Jun24)
=472.064/4097.169
=0.11521712

ITT's return on assets of this year was 0.08319669. ITT's return on assets of last year was 0.11521712. ==> 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.

ITT's current Net Income (TTM) was 362. ITT's current Cash Flow from Operations (TTM) was 543. ==> 543 > 362 ==> 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
=2553.656/6651.3956
=0.38392785

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=597.97/4377.9812
=0.13658579

ITT's gearing of this year was 0.38392785. ITT's gearing of last year was 0.13658579. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=2471.543/1956.732
=1.26309735

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1786.453/1232.701
=1.44921842

ITT's current ratio of this year was 1.26309735. ITT's current ratio of last year was 1.44921842. ==> 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.

ITT's number of shares in issue this year was 89.8. ITT's number of shares in issue last year was 79.4. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=1435.79/4078.293
=0.35205661

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1188.811/3372.356
=0.35251646

ITT's gross margin of this year was 0.35205661. ITT's gross margin of last year was 0.35251646. ==> 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)
=4078.293/4348.178
=0.93793147

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=3372.356/4097.169
=0.82309419

ITT's asset turnover of this year was 0.93793147. ITT's asset turnover of last year was 0.82309419. ==> 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+1+0+0+0+0+1
=4

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

ITT has an F-score of 4 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 4 mean?
ITT (FRA:2II) has a Piotroski F-Score of 4 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ITT and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, ITT's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, ITT ranks #1920 out of 2945 companies in the Industrial Products industry, placing it in the top 65.2%.
Is ITT's Piotroski F-Score too high?
ITT's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. ITT's value of 4 is 20% below this industry median. Based on the distribution chart, ITT ranks #1920 out of 2945 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ITT has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does ITT's Piotroski F-Score compare to IEX and NDSN?
According to the Industrial Products industry distribution chart, ITT ranks #1920 out of 2945 companies for Piotroski F-Score. This places ITT in the lower half of its industry. The industry median Piotroski F-Score is 5.00. ITT's value of 4 is 20% below this benchmark. Historically, ITT's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, ITT has consistently been below 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 2,945 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. ITT's current Piotroski F-Score of 4 is 20% below 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 ITT 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. ITT's current Piotroski F-Score is 4, which is 33% 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 ITT stock overvalued right now?
ITT (FRA:2II) has a current Piotroski F-Score of 4. The stock's GF Value™ is €168.24, compared to a current price of €182.70 — trading 8.6% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Industrial Products industry median of 5.00. ITT's overall GF Score™ is 91/100 with 7 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 ITT (FRA:2II), the current Piotroski F-Score is 4 as of Aug. 11, 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 ITT (FRA:2II) Overvalued in 2026?

Based on GuruFocus' analysis, ITT stock appears to be overvalued. The current stock price of €182.70 is trading 8.6% above its estimated GF Value™ of €168.24.

Key valuation signals for FRA:2II:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: €168.24 vs. price of €182.70 (8.6% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 20% below the Industrial Products median (#1920 of 2945)

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


ITT Business Description

Other Exchanges ITT:USA2II:Germany
Address 100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT began its journey as International Telephone & Telegraph in 1920. Through decades of acquisitions in the mid-1900s, ITT went from manufacturing telephone switching equipment to operating hotels, car rentals, insurance agencies, and bread bakeries. In 1995, the firm split into three separate entities, one of which is the ITT in current operation. After a few more spinoffs in 2011, today ITT Inc. sells automotive, industrial, and aerospace products such as brake pads, seals, pumps, valves, connectors, and regulators. It has operations around the globe with notable exposures to North America, Europe, and Asia.
91GF Score

Get the complete analysis for FRA:2II

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

€182.70
Price
€168.24
GF Value