Motive Television (LSE:MTV) Piotroski F-Score: 2 (As of Jun. 28, 2026) — Near Median


What is Motive Television Piotroski F-Score?

Motive Television LSE:MTV Piotroski F-Score is 2 as of Jun. 28, 2026, which is at its 10-year median of 2.00. The stock has 5 warning signs investors should review.

Warning Sign:

Piotroski F-Score of 2 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

Motive Television has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

LSE:MTV' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 2   Max: 3
Current: 2

During the past 10 years, the highest Piotroski F-Score of Motive Television was 3. The lowest was 1. And the median was 2.

Motive Television  (LSE:MTV) 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.


Motive Television Piotroski F-Score Related Terms


Motive Television Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Motive Television'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.

Motive Television Piotroski F-Score Chart

Motive Television Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 0.00 0.00 0.00

Motive Television Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 0.00 0.00 0.00 0.00 0.00

Motive Television Piotroski F-Score Competitor Comparison

For the Broadcasting subindustry, Motive Television'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.


Motive Television Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Motive Television's Piotroski F-Score distribution charts can be found below:

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


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 (Dec14) TTM:Last Year (Dec13) TTM:
Net Income was £-12.53 Mil.
Cash Flow from Operations was £-1.73 Mil.
Revenue was £1.14 Mil.
Gross Profit was £0.47 Mil.
Average Total Assets from the begining of this year (Dec13)
to the end of this year (Dec14) was (9.693 + 2.345) / 2 = £6.019 Mil.
Total Assets at the begining of this year (Dec13) was £9.69 Mil.
Long-Term Debt & Capital Lease Obligation was £0.09 Mil.
Total Current Assets was £0.95 Mil.
Total Current Liabilities was £6.07 Mil.
Net Income was £-3.01 Mil.

Revenue was £1.17 Mil.
Gross Profit was £0.66 Mil.
Average Total Assets from the begining of last year (Dec12)
to the end of last year (Dec13) was (9.629 + 9.693) / 2 = £9.661 Mil.
Total Assets at the begining of last year (Dec12) was £9.63 Mil.
Long-Term Debt & Capital Lease Obligation was £2.67 Mil.
Total Current Assets was £0.92 Mil.
Total Current Liabilities was £2.04 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.

Motive Television's current Net Income (TTM) was -12.53. ==> 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.

Motive Television's current Cash Flow from Operations (TTM) was -1.73. ==> 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 (Dec13)
=-12.531/9.693
=-1.29278861

ROA (Last Year)=Net Income/Total Assets (Dec12)
=-3.008/9.629
=-0.31238966

Motive Television's return on assets of this year was -1.29278861. Motive Television's return on assets of last year was -0.31238966. ==> 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.

Motive Television's current Net Income (TTM) was -12.53. Motive Television's current Cash Flow from Operations (TTM) was -1.73. ==> -1.73 > -12.53 ==> 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: Dec14)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec13 to Dec14
=0.09/6.019
=0.01495265

Gearing (Last Year: Dec13)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec12 to Dec13
=2.671/9.661
=0.27647241

Motive Television's gearing of this year was 0.01495265. Motive Television's gearing of last year was 0.27647241. ==> 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: Dec14)=Total Current Assets/Total Current Liabilities
=0.946/6.065
=0.15597692

Current Ratio (Last Year: Dec13)=Total Current Assets/Total Current Liabilities
=0.923/2.04
=0.45245098

Motive Television's current ratio of this year was 0.15597692. Motive Television's current ratio of last year was 0.45245098. ==> 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.

Motive Television's number of shares in issue this year was 349.646. Motive Television's number of shares in issue last year was 169.939. ==> 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
=0.474/1.143
=0.41469816

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.661/1.171
=0.56447481

Motive Television's gross margin of this year was 0.41469816. Motive Television's gross margin of last year was 0.56447481. ==> 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 (Dec13)
=1.143/9.693
=0.11792015

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec12)
=1.171/9.629
=0.1216118

Motive Television's asset turnover of this year was 0.11792015. Motive Television's asset turnover of last year was 0.1216118. ==> 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+1+1+0+0+0+0
=2

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

Motive Television has an F-score of 2. 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 2 mean?
Motive Television (LSE:MTV) has a Piotroski F-Score of 2 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Motive Television and its competitors. This is near median its historical median of 2.00. Over the past decade, Motive Television's Piotroski F-Score has ranged from 1.00 to 3.00.
Is Motive Television's Piotroski F-Score too high?
Motive Television's current Piotroski F-Score of 2 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Motive Television's value of 2 is 60% below this industry median.
How does Motive Television's Piotroski F-Score compare to competitors?
Motive Television's Piotroski F-Score of 2 can be compared against companies in the Media - Diversified industry. The industry median Piotroski F-Score is 5.00. Motive Television's value of 2 is 60% below this benchmark. Historically, Motive Television's own Piotroski F-Score has ranged from 1.00 to 3.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.00, Motive Television 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 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. Motive Television's current Piotroski F-Score of 2 is 60% 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 Motive Television and its competitors. For the Media - Diversified 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. Motive Television's current Piotroski F-Score is 2, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motive Television stock overvalued right now?
Motive Television (LSE:MTV) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is near median its 10-year median of 2.00 and 60% below the Media - Diversified industry median of 5.00. 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 Motive Television (LSE:MTV), the current Piotroski F-Score is 2 as of Jun. 28, 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.

Motive Television Business Description

Motive Television PLC was incorporated in the United Kingdom on December 22, 2004. The Company along with its subsidiaries is engaged in providing software and services to Television Broadcasters. The Company operates in two segments including; Digital Television Technology and Television Production (Content). The Company's solution offering include Content Express and TabletTV enabling TV providers to offer audiences more, giving them a competitive edge and delivering new revenues. The Content Express enables viewers to watch whatever they want, when they want, on any screen without having to build new networks. The Content Express software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen. It provides one-stop shop for digital terrestrial broadcasters, satellite, DTT, and cable pay television platforms, and Internet OTT content providers to offer new services including Video on Demand, Catch-up television, Tablet Television, Targeted Advertising for VOD, Mocast for 4G LTE, and Virtual channels and Video2Go. The Tablet TV designed to address the U.S. tablet and smartphone market, meeting the demand for watching long-form video on devices.