MTI Wireless Edge (LSE:MWE) Piotroski F-Score: 5 (As of Aug. 24, 2026) — 17% Below Median

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LSE:MWE MTI Wireless Edge Ltd LSE:MWE
68 GF Score
Price £0.67
GF Value £0.42
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MTI Wireless Edge Piotroski F-Score?

MTI Wireless Edge LSE:MWE 68 Piotroski F-Score is 5 as of Aug. 24, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates LSE:MWE with a GF Score™ of 68/100 and a GF Value™ of £0.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,421 Hardware companies, MTI Wireless Edge ranks better than 58.32% 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

MTI Wireless Edge 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 MTI Wireless Edge's Piotroski F-Score or its related term are showing as below:

LSE:MWE' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of MTI Wireless Edge was 8. The lowest was 3. And the median was 6.

MTI Wireless Edge  (LSE:MWE) 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.


MTI Wireless Edge Piotroski F-Score Related Terms


MTI Wireless Edge Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MTI Wireless Edge'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.

MTI Wireless Edge Piotroski F-Score Chart

MTI Wireless Edge Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.00 4.00 3.00 8.00

MTI Wireless Edge Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 7.00 8.00 8.00 5.00

LSE:MWE vs CSCO, MSI, HPE: Piotroski F-Score Comparison

For the Communication Equipment subindustry, MTI Wireless Edge'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.


MTI Wireless Edge Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Piotroski F-Score distribution charts can be found below:

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


LSE:MWE
68GF Score
MTI Wireless Edge Ltd LSE:MWE
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 1.154 + 0.992 + 0.904 + 0 = £3.05 Mil.
Cash Flow from Operations was 1.12 + 2.208 + -0.062 + 0 = £3.27 Mil.
Revenue was 10.131 + 10.194 + 9.563 + 0 = £29.89 Mil.
Gross Profit was 3.218 + 3.389 + 3.213 + 0 = £9.82 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(32.64 + 34.645 + 36.675 + 36.377 + 35.591) / 5 = £35.1856 Mil.
Total Assets at the begining of this year (Jun25) was £32.64 Mil.
Long-Term Debt & Capital Lease Obligation was £0.38 Mil.
Total Current Assets was £28.24 Mil.
Total Current Liabilities was £11.35 Mil.
Net Income was 0.961 + 0.959 + 0.789 + 0.84 = £3.55 Mil.

Revenue was 8.63 + 9.358 + 9.297 + 8.937 = £36.22 Mil.
Gross Profit was 2.796 + 2.833 + 2.903 + 3.013 = £11.55 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(32.987 + 31.797 + 35.447 + 35.119 + 32.64) / 5 = £33.598 Mil.
Total Assets at the begining of last year (Jun24) was £32.99 Mil.
Long-Term Debt & Capital Lease Obligation was £0.51 Mil.
Total Current Assets was £25.09 Mil.
Total Current Liabilities was £9.81 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.

MTI Wireless Edge's current Net Income (TTM) was 3.05. ==> 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.

MTI Wireless Edge's current Cash Flow from Operations (TTM) was 3.27. ==> 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 (Jun25)
=3.05/32.64
=0.09344363

ROA (Last Year)=Net Income/Total Assets (Jun24)
=3.549/32.987
=0.10758784

MTI Wireless Edge's return on assets of this year was 0.09344363. MTI Wireless Edge's return on assets of last year was 0.10758784. ==> 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.

MTI Wireless Edge's current Net Income (TTM) was 3.05. MTI Wireless Edge's current Cash Flow from Operations (TTM) was 3.27. ==> 3.27 > 3.05 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0.377/35.1856
=0.01071461

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.509/33.598
=0.01514971

MTI Wireless Edge's gearing of this year was 0.01071461. MTI Wireless Edge's gearing of last year was 0.01514971. ==> 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
=28.239/11.354
=2.4871411

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=25.089/9.811
=2.55723168

MTI Wireless Edge's current ratio of this year was 2.4871411. MTI Wireless Edge's current ratio of last year was 2.55723168. ==> 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.

MTI Wireless Edge's number of shares in issue this year was 86.836. MTI Wireless Edge's number of shares in issue last year was 86.513. ==> 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
=9.82/29.888
=0.32855996

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11.545/36.222
=0.31872895

MTI Wireless Edge's gross margin of this year was 0.32855996. MTI Wireless Edge's gross margin of last year was 0.31872895. ==> 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 (Jun25)
=29.888/32.64
=0.91568627

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=36.222/32.987
=1.09806894

MTI Wireless Edge's asset turnover of this year was 0.91568627. MTI Wireless Edge's asset turnover of last year was 1.09806894. ==> 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+0+1+1+0+0+1+0
=5

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

MTI Wireless Edge 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?
MTI Wireless Edge (LSE:MWE) has a Piotroski F-Score of 5 as of Aug. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MTI Wireless Edge and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, MTI Wireless Edge's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, MTI Wireless Edge ranks #1009 out of 2421 companies in the Hardware industry, placing it in the top 41.7%.
Is MTI Wireless Edge's Piotroski F-Score too high?
MTI Wireless Edge's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. MTI Wireless Edge's value of 5 is 0% at this industry median. Based on the distribution chart, MTI Wireless Edge ranks #1009 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, MTI Wireless Edge has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTI Wireless Edge's Piotroski F-Score compare to CSCO and MSI?
According to the Hardware industry distribution chart, MTI Wireless Edge ranks #1009 out of 2421 companies for Piotroski F-Score. This puts MTI Wireless Edge in the upper half of its industry. The industry median Piotroski F-Score is 5.00. MTI Wireless Edge's value of 5 is 0% at this benchmark. Historically, MTI Wireless Edge's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, MTI Wireless Edge 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 a Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,421 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. MTI Wireless Edge'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 MTI Wireless Edge 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. MTI Wireless Edge's current Piotroski F-Score is 5, which is 17% below 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 MTI Wireless Edge stock overvalued right now?
Based on GuruFocus' analysis, MTI Wireless Edge (LSE:MWE) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.42, compared to a current price of £0.67 — trading 59.5% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Hardware industry median of 5.00. MTI Wireless Edge's overall GF Score™ is 68/100 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 MTI Wireless Edge (LSE:MWE), the current Piotroski F-Score is 5 as of Aug. 24, 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 MTI Wireless Edge (LSE:MWE) Overvalued in 2026?

Based on GuruFocus' analysis, MTI Wireless Edge stock appears to be overvalued. The current stock price of £0.67 is trading 59.5% above its estimated GF Value™ of £0.42. GuruFocus considers MTI Wireless Edge to be Significantly Overvalued.

Key valuation signals for LSE:MWE:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: £0.42 vs. price of £0.67 (59.5% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 0% at the Hardware median (#1009 of 2421)

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


MTI Wireless Edge Business Description

Other Exchanges M7O:Germany
Address 11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121
MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.
68GF Score

Get the complete analysis for LSE:MWE

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

£0.67
Price
£0.42
GF Value