Avingtrans (LSE:AVG) Piotroski F-Score: 5 (As of Jul. 06, 2026) — Near Median


LSE:AVG Avingtrans PLC LSE:AVG
85 GF Score
Price £6.30
GF Value £4.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Avingtrans Piotroski F-Score?

Avingtrans LSE:AVG 85 Piotroski F-Score is 5 as of Jul. 06, 2026, which is at its 10-year median of 5.00. GuruFocus rates LSE:AVG with a GF Score™ of 85/100 and a GF Value™ of £4.94 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,976 Industrial Products companies, Avingtrans ranks better than 56.35% 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

Avingtrans has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

LSE:AVG' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Avingtrans was 7. The lowest was 2. And the median was 5.

Avingtrans  (LSE:AVG) 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.


Avingtrans Piotroski F-Score Related Terms


Avingtrans Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Avingtrans'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.

Avingtrans Piotroski F-Score Chart

Avingtrans Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 6.00 3.00 5.00

Avingtrans Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 5.00 0.00

LSE:AVG vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Avingtrans'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.


Avingtrans Piotroski F-Score vs Industrial Products Industry

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

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


LSE:AVG
85GF Score
Avingtrans PLC LSE:AVG
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 (May25) TTM:Last Year (May24) TTM:
Net Income was £6.6 Mil.
Cash Flow from Operations was £11.5 Mil.
Revenue was £156.4 Mil.
Gross Profit was £49.5 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was (186.339 + 192.758) / 2 = £189.5485 Mil.
Total Assets at the begining of this year (May24) was £186.3 Mil.
Long-Term Debt & Capital Lease Obligation was £14.1 Mil.
Total Current Assets was £90.4 Mil.
Total Current Liabilities was £56.5 Mil.
Net Income was £3.7 Mil.

Revenue was £136.6 Mil.
Gross Profit was £44.0 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was (155.411 + 186.339) / 2 = £170.875 Mil.
Total Assets at the begining of last year (May23) was £155.4 Mil.
Long-Term Debt & Capital Lease Obligation was £15.9 Mil.
Total Current Assets was £91.4 Mil.
Total Current Liabilities was £50.1 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.

Avingtrans's current Net Income (TTM) was 6.6. ==> 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.

Avingtrans's current Cash Flow from Operations (TTM) was 11.5. ==> 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 (May24)
=6.558/186.339
=0.03519392

ROA (Last Year)=Net Income/Total Assets (May23)
=3.662/155.411
=0.02356333

Avingtrans's return on assets of this year was 0.03519392. Avingtrans's return on assets of last year was 0.02356333. ==> 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.

Avingtrans's current Net Income (TTM) was 6.6. Avingtrans's current Cash Flow from Operations (TTM) was 11.5. ==> 11.5 > 6.6 ==> 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: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=14.065/189.5485
=0.07420264

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=15.926/170.875
=0.09320263

Avingtrans's gearing of this year was 0.07420264. Avingtrans's gearing of last year was 0.09320263. ==> 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: May25)=Total Current Assets/Total Current Liabilities
=90.407/56.546
=1.5988222

Current Ratio (Last Year: May24)=Total Current Assets/Total Current Liabilities
=91.405/50.099
=1.82448751

Avingtrans's current ratio of this year was 1.5988222. Avingtrans's current ratio of last year was 1.82448751. ==> 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.

Avingtrans's number of shares in issue this year was 33.646. Avingtrans's number of shares in issue last year was 33.361. ==> 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
=49.517/156.406
=0.31659271

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=44.042/136.615
=0.32238041

Avingtrans's gross margin of this year was 0.31659271. Avingtrans's gross margin of last year was 0.32238041. ==> 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 (May24)
=156.406/186.339
=0.83936267

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=136.615/155.411
=0.87905618

Avingtrans's asset turnover of this year was 0.83936267. Avingtrans's asset turnover of last year was 0.87905618. ==> 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+0+0
=5

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

Avingtrans has an F-score of 5 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 5 mean?
Avingtrans (LSE:AVG) has a Piotroski F-Score of 5 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Avingtrans and its competitors. This is near median its historical median of 5.00. Over the past decade, Avingtrans' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Avingtrans ranks #1299 out of 2976 companies in the Industrial Products industry, placing it in the top 43.6%.
Is Avingtrans' Piotroski F-Score too high?
Avingtrans' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Avingtrans' value of 5 is 0% at this industry median. Based on the distribution chart, Avingtrans ranks #1299 out of 2976 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Avingtrans has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avingtrans' Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avingtrans ranks #1299 out of 2976 companies for Piotroski F-Score. This puts Avingtrans in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Avingtrans' value of 5 is 0% at this benchmark. Historically, Avingtrans' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Avingtrans has consistently been at 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 2,976 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. Avingtrans's current Piotroski F-Score of 5 is 0% at 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 Avingtrans 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. Avingtrans's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avingtrans stock overvalued right now?
Based on GuruFocus' analysis, Avingtrans (LSE:AVG) is currently considered Modestly Overvalued. The stock's GF Value™ is £4.94, compared to a current price of £6.30 — trading 27.5% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Avingtrans' overall GF Score™ is 85/100 with 6 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 Avingtrans (LSE:AVG), the current Piotroski F-Score is 5 as of Jul. 06, 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 Avingtrans (LSE:AVG) Overvalued in 2026?

Based on GuruFocus' analysis, Avingtrans stock appears to be overvalued. The current stock price of £6.30 is trading 27.5% above its estimated GF Value™ of £4.94. GuruFocus considers Avingtrans to be Modestly Overvalued.

Key valuation signals for LSE:AVG:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: £4.94 vs. price of £6.30 (27.5% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 0% at the Industrial Products median (#1299 of 2976)

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


Avingtrans Business Description

Other Exchanges DZR:Germany
Address Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA
Avingtrans PLC is principally engaged in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries in various countries. The company is organised into two segments: Energy-AES and Medical-MII. Energy-AES designs, manufactures, and services performance-critical electric motors and pumps for the energy industry, as both an OEM supplier and a trusted through life support partner. This segment also offers products like gas compressors, pressure vessels, blast doors, and containers. Medical-MII segment designs and manufactures equipment for the medical, science, and research communities. The majority of its revenue is generated from the Energy-AES segment. Geographically, it derives key revenue from the United Kingdom..
85GF Score

Get the complete analysis for LSE:AVG

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

£6.30
Price
£4.94
GF Value