Valtecne SpA (FRA:71W) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 14% Below Median


FRA:71W Valtecne SpA FRA:71W
90 GF Score
Price €10.00
GF Value €6.48
! 8 Warning Signs
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What is Valtecne SpA Piotroski F-Score?

Valtecne SpA FRA:71W +20.48% 90 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates FRA:71W with a GF Score™ of 90/100 and a GF Value™ of €6.48. The stock has 8 warning signs investors should review. Among 2,979 Industrial Products companies, Valtecne SpA ranks better than 75.46% 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

Valtecne SpA has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

FRA:71W' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 6

During the past 6 years, the highest Piotroski F-Score of Valtecne SpA was 8. The lowest was 4. And the median was 7.

Valtecne SpA  (FRA:71W) 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.


Valtecne SpA Piotroski F-Score Related Terms


Valtecne SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Valtecne 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.

Valtecne SpA Piotroski F-Score Chart

Valtecne SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 4.00 8.00 7.00 6.00

Valtecne SpA Semi-Annual Data
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 8.00 0.00 7.00 0.00 6.00

FRA:71W vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Valtecne 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.


Valtecne SpA Piotroski F-Score vs Industrial Products Industry

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

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


FRA:71W
90GF Score
Valtecne SpA FRA:71W
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 €3.55 Mil.
Cash Flow from Operations was €3.63 Mil.
Revenue was €30.54 Mil.
Gross Profit was €22.85 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (39.416 + 43.98) / 2 = €41.698 Mil.
Total Assets at the begining of this year (Dec24) was €39.42 Mil.
Long-Term Debt & Capital Lease Obligation was €6.06 Mil.
Total Current Assets was €28.06 Mil.
Total Current Liabilities was €11.52 Mil.
Net Income was €3.42 Mil.

Revenue was €30.87 Mil.
Gross Profit was €21.48 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (38.644 + 39.416) / 2 = €39.03 Mil.
Total Assets at the begining of last year (Dec23) was €38.64 Mil.
Long-Term Debt & Capital Lease Obligation was €4.47 Mil.
Total Current Assets was €30.16 Mil.
Total Current Liabilities was €11.47 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.

Valtecne SpA's current Net Income (TTM) was 3.55. ==> 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.

Valtecne SpA's current Cash Flow from Operations (TTM) was 3.63. ==> 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)
=3.553/39.416
=0.09014106

ROA (Last Year)=Net Income/Total Assets (Dec23)
=3.418/38.644
=0.0884484

Valtecne SpA's return on assets of this year was 0.09014106. Valtecne SpA's return on assets of last year was 0.0884484. ==> 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.

Valtecne SpA's current Net Income (TTM) was 3.55. Valtecne SpA's current Cash Flow from Operations (TTM) was 3.63. ==> 3.63 > 3.55 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=6.063/41.698
=0.14540266

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=4.474/39.03
=0.11462977

Valtecne SpA's gearing of this year was 0.14540266. Valtecne SpA's gearing of last year was 0.11462977. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=28.061/11.517
=2.4364852

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=30.163/11.474
=2.62881297

Valtecne SpA's current ratio of this year was 2.4364852. Valtecne SpA's current ratio of last year was 2.62881297. ==> 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.

Valtecne SpA's number of shares in issue this year was 6.11. Valtecne SpA's number of shares in issue last year was 6.11. ==> 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
=22.847/30.541
=0.74807636

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=21.48/30.867
=0.69588881

Valtecne SpA's gross margin of this year was 0.74807636. Valtecne SpA's gross margin of last year was 0.69588881. ==> 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 (Dec24)
=30.541/39.416
=0.77483763

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=30.867/38.644
=0.79875272

Valtecne SpA's asset turnover of this year was 0.77483763. Valtecne SpA's asset turnover of last year was 0.79875272. ==> 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+0+1+1+0
=6

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

Valtecne SpA has an F-score of 6 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 6 mean?
Valtecne SpA (FRA:71W) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Valtecne SpA and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Valtecne SpA's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Valtecne SpA ranks #731 out of 2979 companies in the Industrial Products industry, placing it in the top 24.5%.
Is Valtecne SpA's Piotroski F-Score too high?
Valtecne SpA's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Valtecne SpA's value of 6 is 20% above this industry median. Based on the distribution chart, Valtecne SpA ranks #731 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Valtecne SpA has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Valtecne SpA's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Valtecne SpA ranks #731 out of 2979 companies for Piotroski F-Score. This places Valtecne SpA in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Valtecne SpA's value of 6 is 20% above this benchmark. Historically, Valtecne SpA's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Valtecne 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Valtecne SpA's current Piotroski F-Score of 6 is 20% 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 Valtecne SpA 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. Valtecne SpA's current Piotroski F-Score is 6, which is 14% below 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 Valtecne SpA stock overvalued right now?
Valtecne SpA (FRA:71W) has a current Piotroski F-Score of 6. The stock's GF Value™ is €6.48, compared to a current price of €10.00 — trading 54.3% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Industrial Products industry median of 5.00. Valtecne SpA's overall GF Score™ is 90/100 with 8 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 Valtecne SpA (FRA:71W), the current Piotroski F-Score is 6 as of Jun. 27, 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 Valtecne SpA (FRA:71W) Overvalued in 2026?

Based on GuruFocus' analysis, Valtecne SpA stock appears to be overvalued. The current stock price of €10.00 is trading 54.3% above its estimated GF Value™ of €6.48.

Key valuation signals for FRA:71W:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: €6.48 vs. price of €10.00 (54.3% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 20% above the Industrial Products median (#731 of 2979)

No single metric tells the full story. See the FRA:71W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valtecne SpA Business Description

Other Exchanges VLT:Italy
Address Via Al Campo Sportivo, 277, Berbenno di Valtellina, Sondrio, ITA, 23010
Valtecne SpA is a specialist in the production of specialized precision mechanical components for the Medical Technology and Industrial sectors.
90GF Score

Get the complete analysis for FRA:71W

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

€10.00
Price
€6.48
GF Value