DISO Verwaltungs AGHAM:MT3 38 Piotroski F-Score is 4 as of Jul. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates HAM:MT3 with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 2,427 Hardware companies, DISO Verwaltungs AG ranks worse than 62.13% 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
DISO Verwaltungs AG 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 DISO Verwaltungs AG's Piotroski F-Score or its related term are showing as below:
HAM:MT3'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of DISO Verwaltungs AG was 7. The lowest was 3. And the median was 4.
DISO Verwaltungs AG (HAM:MT3) 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.
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.
DISO Verwaltungs AG Piotroski F-Score Related Terms
DISO Verwaltungs AG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for DISO Verwaltungs 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.
HAM:MT3 vs SNDK, DELL, STX: Piotroski F-Score Comparison
For the Computer Hardware subindustry, DISO Verwaltungs 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.
DISO Verwaltungs AG Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, DISO Verwaltungs AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where DISO Verwaltungs AG's Piotroski F-Score falls into.
* 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.
*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.
DISO Verwaltungs AG's current Net Income (TTM) was 1.54.
==> 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.
DISO Verwaltungs AG's return on assets of this year was 0.05204436. DISO Verwaltungs AG's return on assets of last year was -0.01219672.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
DISO Verwaltungs AG's gearing of this year was 0. DISO Verwaltungs AG's gearing of last year was 0.21849325.
==> 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
DISO Verwaltungs AG's current ratio of this year was 1.15075377. DISO Verwaltungs AG's current ratio of last year was 1.69763645.
==> 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.
DISO Verwaltungs AG's number of shares in issue this year was 15.436. DISO Verwaltungs AG's number of shares in issue last year was 15.436.
==> 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.
DISO Verwaltungs AG's gross margin of this year was . DISO Verwaltungs AG'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
DISO Verwaltungs AG's asset turnover of this year was 0. DISO Verwaltungs AG's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
DISO Verwaltungs AG has an F-score of 4 indicating the company's financial situation is typical for a stable company.
DISO Verwaltungs AG (HAM:MT3) has a Piotroski F-Score of 4 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DISO Verwaltungs AG and its competitors. This is near median its historical median of 4.00. Over the past decade, DISO Verwaltungs AG's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, DISO Verwaltungs AG ranks #1508 out of 2427 companies in the Hardware industry, placing it in the top 62.1%.
Is DISO Verwaltungs AG's Piotroski F-Score too high?
DISO Verwaltungs AG's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. DISO Verwaltungs AG's value of 4 is 20% below this industry median. Based on the distribution chart, DISO Verwaltungs AG ranks #1508 out of 2427 companies in the Hardware industry, which is below the industry midpoint. Overall, DISO Verwaltungs AG has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does DISO Verwaltungs AG's Piotroski F-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, DISO Verwaltungs AG ranks #1508 out of 2427 companies for Piotroski F-Score. This places DISO Verwaltungs AG in the lower half of its industry. The industry median Piotroski F-Score is 5.00. DISO Verwaltungs AG's value of 4 is 20% below this benchmark. Historically, DISO Verwaltungs AG's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, DISO Verwaltungs AG 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,427 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. DISO Verwaltungs AG'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 DISO Verwaltungs AG and its competitors. For the Hardware 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. DISO Verwaltungs AG's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DISO Verwaltungs AG stock overvalued right now?
DISO Verwaltungs AG (HAM:MT3) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Hardware industry median of 5.00. DISO Verwaltungs AG's overall GF Score™ is 38/100 with 1 warning sign 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 DISO Verwaltungs AG (HAM:MT3), the current Piotroski F-Score is 4 as of Jul. 05, 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.
DISO Verwaltungs AG provides, markets, sells, and supports Matica brand secure credential solutions. It provides ID card and high-security identification solutions through the brand name EDIsecure and IDExpert. It also provides systems for desktop laser engraving, e-passport printing, and high-volume financial card central issuance.
38GF Score
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