Altamira Therapeutics (FRA:2QA) Piotroski F-Score: 1 (As of Jul. 12, 2026) — 50% Below Median


FRA:2QA Altamira Therapeutics Ltd FRA:2QA
30 GF Score
Price €948.00
! 4 Warning Signs
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What is Altamira Therapeutics Piotroski F-Score?

Altamira Therapeutics FRA:2QA 30 Piotroski F-Score is 1 as of Jul. 12, 2026, which is 50% below its 10-year median of 2.00. GuruFocus rates FRA:2QA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,333 Biotechnology companies, Altamira Therapeutics ranks worse than 92.27% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Altamira Therapeutics has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

FRA:2QA' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 2   Max: 4
Current: 1

During the past 13 years, the highest Piotroski F-Score of Altamira Therapeutics was 4. The lowest was 1. And the median was 2.

Altamira Therapeutics  (FRA:2QA) 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.


Altamira Therapeutics Piotroski F-Score Related Terms


Altamira Therapeutics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Altamira Therapeutics'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.

Altamira Therapeutics Piotroski F-Score Chart

Altamira Therapeutics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 1.00 3.00 1.00

Altamira Therapeutics Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 3.00 0.00 1.00 0.00

FRA:2QA vs IOBTQ, SCPX, CARM: Piotroski F-Score Comparison

For the Biotechnology subindustry, Altamira Therapeutics'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.


Altamira Therapeutics Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Altamira Therapeutics's Piotroski F-Score distribution charts can be found below:

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


FRA:2QA
30GF Score
Altamira Therapeutics Ltd FRA:2QA
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was €-8.08 Mil.
Cash Flow from Operations was €-5.84 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (8.385 + 8.263) / 2 = €8.324 Mil.
Total Assets at the begining of this year (Dec23) was €8.39 Mil.
Long-Term Debt & Capital Lease Obligation was €0.23 Mil.
Total Current Assets was €1.47 Mil.
Total Current Liabilities was €1.11 Mil.
Net Income was €-3.95 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (6.431 + 8.385) / 2 = €7.408 Mil.
Total Assets at the begining of last year (Dec22) was €6.43 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €1.33 Mil.
Total Current Liabilities was €0.97 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.

Altamira Therapeutics's current Net Income (TTM) was -8.08. ==> 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.

Altamira Therapeutics's current Cash Flow from Operations (TTM) was -5.84. ==> Negative ==> Score 0.

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 (Dec23)
=-8.077/8.385
=-0.96326774

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-3.949/6.431
=-0.61405691

Altamira Therapeutics's return on assets of this year was -0.96326774. Altamira Therapeutics's return on assets of last year was -0.61405691. ==> 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.

Altamira Therapeutics's current Net Income (TTM) was -8.08. Altamira Therapeutics's current Cash Flow from Operations (TTM) was -5.84. ==> -5.84 > -8.08 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.228/8.324
=0.02739068

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=0/7.408
=0

Altamira Therapeutics's gearing of this year was 0.02739068. Altamira Therapeutics's gearing of last year was 0. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=1.471/1.112
=1.32284173

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1.333/0.968
=1.37706612

Altamira Therapeutics's current ratio of this year was 1.32284173. Altamira Therapeutics's current ratio of last year was 1.37706612. ==> 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.

Altamira Therapeutics's number of shares in issue this year was 2.832. Altamira Therapeutics's number of shares in issue last year was 0.491. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Altamira Therapeutics's gross margin of this year was . Altamira Therapeutics's gross margin of last year was . ==> 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 (Dec23)
=0/8.385
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=0/6.431
=0

Altamira Therapeutics's asset turnover of this year was 0. Altamira Therapeutics's asset turnover of last year was 0. ==> 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
=0+0+0+1+0+0+0+0+0
=1

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

Altamira Therapeutics has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
Altamira Therapeutics (FRA:2QA) has a Piotroski F-Score of 1 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Altamira Therapeutics and its competitors. This is 50% below median its historical median of 2.00. Over the past decade, Altamira Therapeutics' Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Altamira Therapeutics ranks #1230 out of 1333 companies in the Biotechnology industry, placing it in the top 92.3%.
Is Altamira Therapeutics' Piotroski F-Score too high?
Altamira Therapeutics' current Piotroski F-Score of 1 is 50% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Biotechnology industry median Piotroski F-Score is 3.00. Altamira Therapeutics' value of 1 is 66.7% below this industry median. Based on the distribution chart, Altamira Therapeutics ranks #1230 out of 1333 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Altamira Therapeutics has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Altamira Therapeutics' Piotroski F-Score compare to IOBTQ and SCPX?
According to the Biotechnology industry distribution chart, Altamira Therapeutics ranks #1230 out of 1333 companies for Piotroski F-Score. This places Altamira Therapeutics in the lower half of its industry. The industry median Piotroski F-Score is 3.00. Altamira Therapeutics' value of 1 is 66.7% below this benchmark. Historically, Altamira Therapeutics' own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 3.00, Altamira Therapeutics 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 a Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,333 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. Altamira Therapeutics's current Piotroski F-Score of 1 is 66.7% 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 Altamira Therapeutics and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altamira Therapeutics's current Piotroski F-Score is 1, which is 50% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altamira Therapeutics stock overvalued right now?
Altamira Therapeutics (FRA:2QA) has a current Piotroski F-Score of 1. The current Piotroski F-Score is 1, which is 50% below median its 10-year median of 2.00 and 66.7% below the Biotechnology industry median of 3.00. Altamira Therapeutics' overall GF Score™ is 30/100 with 4 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 Altamira Therapeutics (FRA:2QA), the current Piotroski F-Score is 1 as of Jul. 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.

Altamira Therapeutics Business Description

Other Exchanges CYTOF:USA
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM11
Altamira Therapeutics Ltd is developing and supplying peptide-based nanoparticles for safe and effective RNA delivery to extrahepatic tissues (xPhore platform). The Company is offering biopharmaceutical companies access to its technology for use with their own RNA molecules under collaboration and licensing agreements. The xPhore platform is suitable for various RNA modalities - OligoPhore for oligonucleotides, SemaPhore for mRNA, CycloPhore for circRNA - as well as for DNA (GenePhore). In addition, Altamira Therapeutics is pursuing two proprietary flagship development programs using OligoPhore: AM-401 for KRAS driven cancer and AM-411 for rheumatoid arthritis. Geographically, the companies operates in United Staes and Switzerland.
30GF Score

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

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