Amentum Holdings (HAM:ZI7) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


HAM:ZI7 Amentum Holdings Inc HAM:ZI7
16 GF Score
Price €17.56
! 3 Warning Signs
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What is Amentum Holdings Piotroski F-Score?

Amentum Holdings HAM:ZI7 -0.68% 16 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates HAM:ZI7 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,063 Business Services companies, Amentum Holdings ranks better than 72.25% 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

Amentum Holdings 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 Amentum Holdings's Piotroski F-Score or its related term are showing as below:

HAM:ZI7' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 6
Current: 6

During the past 5 years, the highest Piotroski F-Score of Amentum Holdings was 6. The lowest was 5. And the median was 6.

Amentum Holdings  (HAM:ZI7) 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.


Amentum Holdings Piotroski F-Score Related Terms


Amentum Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Amentum Holdings'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.

Amentum Holdings Piotroski F-Score Chart

Amentum Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
N/A N/A N/A 5.00 6.00

Amentum Holdings Quarterly Data
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 N/A N/A 6.00 6.00 6.00

HAM:ZI7 vs DLB, UNF, AZZ: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Amentum Holdings'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.


Amentum Holdings Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Amentum Holdings's Piotroski F-Score distribution charts can be found below:

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


HAM:ZI7
16GF Score
Amentum Holdings Inc HAM:ZI7
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 8.67 + 34.08 + 37.576 + 46.71 = €127 Mil.
Cash Flow from Operations was 91.902 + 230.04 + -116.144 + 194.625 = €400 Mil.
Revenue was 3087.387 + 3344.1 + 2764.398 + 3008.47 = €12,204 Mil.
Gross Profit was 319.056 + 355.284 + 278.404 + 298.425 = €1,251 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(11103.7 + 10237.536 + 9763.92 + 9563.092 + 9662.05) / 5 = €10066.0596 Mil.
Total Assets at the begining of this year (Mar25) was €11,104 Mil.
Long-Term Debt & Capital Lease Obligation was €3,362 Mil.
Total Current Assets was €2,679 Mil.
Total Current Liabilities was €1,809 Mil.
Net Income was -24.154 + 23.426 + 11.46 + 3.7 = €14 Mil.

Revenue was 1989.918 + 1993.012 + 3262.28 + 3229.175 = €10,474 Mil.
Gross Profit was 191.374 + 178.398 + 344.755 + 339.475 = €1,054 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3840.08 + 3764.308 + 10788.574 + 11382.645 + 11103.7) / 5 = €8175.8614 Mil.
Total Assets at the begining of last year (Mar24) was €3,840 Mil.
Long-Term Debt & Capital Lease Obligation was €4,288 Mil.
Total Current Assets was €3,021 Mil.
Total Current Liabilities was €1,940 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.

Amentum Holdings's current Net Income (TTM) was 127. ==> 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.

Amentum Holdings's current Cash Flow from Operations (TTM) was 400. ==> 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)
=127.036/11103.7
=0.01144087

ROA (Last Year)=Net Income/Total Assets (Mar24)
=14.432/3840.08
=0.00375826

Amentum Holdings's return on assets of this year was 0.01144087. Amentum Holdings's return on assets of last year was 0.00375826. ==> 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.

Amentum Holdings's current Net Income (TTM) was 127. Amentum Holdings's current Cash Flow from Operations (TTM) was 400. ==> 400 > 127 ==> 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
=3362.255/10066.0596
=0.33401898

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4288.3/8175.8614
=0.52450742

Amentum Holdings's gearing of this year was 0.33401898. Amentum Holdings's gearing of last year was 0.52450742. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2678.905/1808.715
=1.48110952

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3021.05/1939.725
=1.55746304

Amentum Holdings's current ratio of this year was 1.48110952. Amentum Holdings's current ratio of last year was 1.55746304. ==> 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.

Amentum Holdings's number of shares in issue this year was 245. Amentum Holdings's number of shares in issue last year was 243. ==> 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
=1251.169/12204.355
=0.10251824

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1054.002/10474.385
=0.10062662

Amentum Holdings's gross margin of this year was 0.10251824. Amentum Holdings's gross margin of last year was 0.10062662. ==> 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)
=12204.355/11103.7
=1.09912507

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=10474.385/3840.08
=2.7276476

Amentum Holdings's asset turnover of this year was 1.09912507. Amentum Holdings's asset turnover of last year was 2.7276476. ==> 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+1+0+0+1+0
=6

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

Amentum Holdings 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?
Amentum Holdings (HAM:ZI7) 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 Amentum Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, Amentum Holdings' Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, Amentum Holdings ranks #295 out of 1063 companies in the Business Services industry, placing it in the top 27.8%.
Is Amentum Holdings' Piotroski F-Score too high?
Amentum Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Amentum Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Amentum Holdings ranks #295 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, Amentum Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Amentum Holdings' Piotroski F-Score compare to DLB and UNF?
According to the Business Services industry distribution chart, Amentum Holdings ranks #295 out of 1063 companies for Piotroski F-Score. This puts Amentum Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Amentum Holdings' value of 6 is 20% above this benchmark. Historically, Amentum Holdings' own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Amentum Holdings 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. Amentum Holdings'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 Amentum Holdings and its competitors. For the Business Services 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. Amentum Holdings's current Piotroski F-Score is 6, which is near 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 Amentum Holdings stock overvalued right now?
Amentum Holdings (HAM:ZI7) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Business Services industry median of 5.00. Amentum Holdings' overall GF Score™ is 16/100 with 3 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 Amentum Holdings (HAM:ZI7), 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.

Amentum Holdings Business Description

Address 4800 Westfields Boulevard, Suite No. 400, Chantilly, VA, USA, 20151
Amentum Holdings Inc is an engineering and technology solutions provider serving U.S. and allied government agencies, as well as international and commercial customers across energy and environmental, intelligence, space, defense, civilian and commercial markets. It provides environmental remediation, intelligence and counter-threat solutions, data analytics, engineering and integration, testing, training and citizen services. The company operates through two segments: Digital Solutions, offering digital and data-driven services, and Global Engineering Solutions, providing environmental remediation, nuclear power solutions, platform engineering, sustainment, and supply chain management. majority of its revenue comes from the Global Engineering Solutions segment and from the United States.
16GF 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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