HIT (Health In Tech) Piotroski F-Score: 1 (As of Aug. 20, 2026) — 75% Below Median

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HIT Health In Tech Inc HIT
19 GF Score
Price $1.02
! 2 Warning Signs
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What is Health In Tech Piotroski F-Score?

Health In Tech HIT -0.97% 19 Piotroski F-Score is 1 as of Aug. 20, 2026, which is 75% below its 10-year median of 4.00. GuruFocus rates HIT with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,731 Software companies, Health In Tech ranks worse than 98.39% 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

Health In Tech 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 Health In Tech's Piotroski F-Score or its related term are showing as below:

HIT' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 1

During the past 4 years, the highest Piotroski F-Score of Health In Tech was 6. The lowest was 1. And the median was 4.

Health In Tech  (NAS:HIT) 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.


Health In Tech Piotroski F-Score Related Terms


Health In Tech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Health In Tech'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.

Health In Tech Piotroski F-Score Chart

Health In Tech Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 5.00 6.00

Health In Tech Quarterly Data
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 N/A N/A 6.00 3.00 1.00

HIT vs AEYE, IDN, RSSS: Piotroski F-Score Comparison

For the Software - Application subindustry, Health In Tech'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.


Health In Tech Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Health In Tech's Piotroski F-Score distribution charts can be found below:

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


HIT
19GF Score
Health In Tech Inc HIT
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 0.452 + -0.303 + -1.588 + -2.511 = $-3.95 Mil.
Cash Flow from Operations was 0.674 + 0.451 + -3.319 + -2.912 = $-5.11 Mil.
Revenue was 8.49 + 7.509 + 8.772 + 8.057 = $32.83 Mil.
Gross Profit was 5.144 + 4.129 + 4.509 + 3.922 = $17.70 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(22.178 + 22.756 + 23.09 + 28.966 + 29.635) / 5 = $25.325 Mil.
Total Assets at the begining of this year (Jun25) was $22.18 Mil.
Long-Term Debt & Capital Lease Obligation was $0.02 Mil.
Total Current Assets was $21.78 Mil.
Total Current Liabilities was $9.99 Mil.
Net Income was 0.376 + -0.144 + 0.499 + 0.631 = $1.36 Mil.

Revenue was 4.459 + 4.905 + 8.015 + 9.314 = $26.69 Mil.
Gross Profit was 3.479 + 3.797 + 5.355 + 6.31 = $18.94 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(10.764 + 9.672 + 15.768 + 21.33 + 22.178) / 5 = $15.9424 Mil.
Total Assets at the begining of last year (Jun24) was $10.76 Mil.
Long-Term Debt & Capital Lease Obligation was $0.10 Mil.
Total Current Assets was $14.85 Mil.
Total Current Liabilities was $5.39 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.

Health In Tech's current Net Income (TTM) was -3.95. ==> 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.

Health In Tech's current Cash Flow from Operations (TTM) was -5.11. ==> 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 (Jun25)
=-3.95/22.178
=-0.17810443

ROA (Last Year)=Net Income/Total Assets (Jun24)
=1.362/10.764
=0.12653289

Health In Tech's return on assets of this year was -0.17810443. Health In Tech's return on assets of last year was 0.12653289. ==> 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.

Health In Tech's current Net Income (TTM) was -3.95. Health In Tech's current Cash Flow from Operations (TTM) was -5.11. ==> -5.11 <= -3.95 ==> CFROA <= ROA ==> Score 0.

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
=0.022/25.325
=0.00086871

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.103/15.9424
=0.00646076

Health In Tech's gearing of this year was 0.00086871. Health In Tech's gearing of last year was 0.00646076. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=21.784/9.989
=2.18079888

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=14.854/5.39
=2.75584416

Health In Tech's current ratio of this year was 2.18079888. Health In Tech's current ratio of last year was 2.75584416. ==> 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.

Health In Tech's number of shares in issue this year was 62.83. Health In Tech's number of shares in issue last year was 55.632. ==> 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
=17.704/32.828
=0.53929572

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=18.941/26.693
=0.70958678

Health In Tech's gross margin of this year was 0.53929572. Health In Tech's gross margin of last year was 0.70958678. ==> 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)
=32.828/22.178
=1.48020561

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=26.693/10.764
=2.47984021

Health In Tech's asset turnover of this year was 1.48020561. Health In Tech's asset turnover of last year was 2.47984021. ==> 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+0+1+0+0+0+0
=1

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

Health In Tech 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?
Health In Tech (HIT) has a Piotroski F-Score of 1 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Health In Tech and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, Health In Tech's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Health In Tech ranks #2687 out of 2731 companies in the Software industry, placing it in the top 98.4%.
Is Health In Tech's Piotroski F-Score too high?
Health In Tech's current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. Health In Tech's value of 1 is 80% below this industry median. Based on the distribution chart, Health In Tech ranks #2687 out of 2731 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Health In Tech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Health In Tech's Piotroski F-Score compare to AEYE and IDN?
According to the Software industry distribution chart, Health In Tech ranks #2687 out of 2731 companies for Piotroski F-Score. This places Health In Tech in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Health In Tech's value of 1 is 80% below this benchmark. Historically, Health In Tech's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Health In Tech 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,731 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. Health In Tech's current Piotroski F-Score of 1 is 80% 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 Health In Tech and its competitors. For the Software 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. Health In Tech's current Piotroski F-Score is 1, which is 75% below 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 Health In Tech stock overvalued right now?
Health In Tech (HIT) has a current Piotroski F-Score of 1. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Software industry median of 5.00. Health In Tech's overall GF Score™ is 19/100 with 2 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 Health In Tech (HIT), the current Piotroski F-Score is 1 as of Aug. 20, 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.

Health In Tech Business Description

Address 701 South Colorado Avenue, Suite 1, Stuart, FL, USA, 34994
Health In Tech Inc is an AI-enabled insurance technology platform company that offers a marketplace that improves processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, it streamlines the underwriting, sales, and service process for insurance companies, licensed brokers, Managing General Underwriter (MGUs), and third-party administrators (TPAs). The company's platform serves as a marketplace for brokers, TPAs, MGUs and carriers with self-funded health insurance options for employers. The platform includes functions such as plan customization, stop-loss quoting, underwriting, claims administration, and reporting integration.
19GF Score

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