Microlise Group (LSE:SAAS) Piotroski F-Score: 5 (As of Jun. 28, 2026) — 29% Below Median


LSE:SAAS Microlise Group PLC LSE:SAAS
52 GF Score
Price £0.41
GF Value £1.38
Valuation Possible Value Trap
! 2 Warning Signs
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What is Microlise Group Piotroski F-Score?

Microlise Group LSE:SAAS -1.22% 52 Piotroski F-Score is 5 as of Jun. 28, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates LSE:SAAS with a GF Score™ of 52/100 and a GF Value™ of £1.38 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,744 Software companies, Microlise Group ranks better than 59.8% 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

Microlise Group 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 Microlise Group's Piotroski F-Score or its related term are showing as below:

LSE:SAAS' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 5

During the past 7 years, the highest Piotroski F-Score of Microlise Group was 8. The lowest was 5. And the median was 7.

Microlise Group  (LSE:SAAS) 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.


Microlise Group Piotroski F-Score Related Terms


Microlise Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Microlise Group'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.

Microlise Group Piotroski F-Score Chart

Microlise Group Annual Data
Trend Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 8.00 7.00 8.00 6.00 5.00

Microlise Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 0.00 6.00 0.00 5.00

LSE:SAAS vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Microlise Group'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.


Microlise Group Piotroski F-Score vs Software Industry

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

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


LSE:SAAS
52GF Score
Microlise Group PLC LSE:SAAS
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was £-2.17 Mil.
Cash Flow from Operations was £11.94 Mil.
Revenue was £84.03 Mil.
Gross Profit was £54.14 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (134.644 + 132.883) / 2 = £133.7635 Mil.
Total Assets at the begining of this year (Dec24) was £134.64 Mil.
Long-Term Debt & Capital Lease Obligation was £2.69 Mil.
Total Current Assets was £36.59 Mil.
Total Current Liabilities was £36.34 Mil.
Net Income was £-2.05 Mil.

Revenue was £79.48 Mil.
Gross Profit was £52.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (131.179 + 134.644) / 2 = £132.9115 Mil.
Total Assets at the begining of last year (Dec23) was £131.18 Mil.
Long-Term Debt & Capital Lease Obligation was £0.50 Mil.
Total Current Assets was £37.46 Mil.
Total Current Liabilities was £37.22 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.

Microlise Group's current Net Income (TTM) was -2.17. ==> 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.

Microlise Group's current Cash Flow from Operations (TTM) was 11.94. ==> 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 (Dec24)
=-2.165/134.644
=-0.01607944

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.054/131.179
=-0.01565799

Microlise Group's return on assets of this year was -0.01607944. Microlise Group's return on assets of last year was -0.01565799. ==> 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.

Microlise Group's current Net Income (TTM) was -2.17. Microlise Group's current Cash Flow from Operations (TTM) was 11.94. ==> 11.94 > -2.17 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=2.689/133.7635
=0.02010264

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.5/132.9115
=0.0037619

Microlise Group's gearing of this year was 0.02010264. Microlise Group's gearing of last year was 0.0037619. ==> Last year is lower than this year ==> Score 0.

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: Dec25)=Total Current Assets/Total Current Liabilities
=36.586/36.335
=1.00690794

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=37.463/37.218
=1.00658284

Microlise Group's current ratio of this year was 1.00690794. Microlise Group's current ratio of last year was 1.00658284. ==> This year's current ratio is higher. ==> Score 1.

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.

Microlise Group's number of shares in issue this year was 115.946. Microlise Group's number of shares in issue last year was 115.946. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=54.139/84.027
=0.64430481

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=52.001/79.475
=0.65430639

Microlise Group's gross margin of this year was 0.64430481. Microlise Group's gross margin of last year was 0.65430639. ==> 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 (Dec24)
=84.027/134.644
=0.62406791

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=79.475/131.179
=0.60585155

Microlise Group's asset turnover of this year was 0.62406791. Microlise Group's asset turnover of last year was 0.60585155. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+1+1+0+1
=5

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

Microlise Group 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?
Microlise Group (LSE:SAAS) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Microlise Group and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Microlise Group's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Microlise Group ranks #1103 out of 2744 companies in the Software industry, placing it in the top 40.2%.
Is Microlise Group's Piotroski F-Score too high?
Microlise Group's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Microlise Group's value of 5 is 0% at this industry median. Based on the distribution chart, Microlise Group ranks #1103 out of 2744 companies in the Software industry, which is above the industry midpoint. Overall, Microlise Group has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microlise Group's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Microlise Group ranks #1103 out of 2744 companies for Piotroski F-Score. This puts Microlise Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Microlise Group's value of 5 is 0% at this benchmark. Historically, Microlise Group's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Microlise Group 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,744 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. Microlise Group'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 Microlise Group 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. Microlise Group's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microlise Group stock overvalued right now?
Based on GuruFocus' analysis, Microlise Group (LSE:SAAS) is currently considered Possible Value Trap. The stock's GF Value™ is £1.38, compared to a current price of £0.41 — trading 70.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Software industry median of 5.00. Microlise Group's overall GF Score™ is 52/100 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 Microlise Group (LSE:SAAS), the current Piotroski F-Score is 5 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.

Is Microlise Group (LSE:SAAS) Overvalued in 2026?

Based on GuruFocus' analysis, Microlise Group stock appears to be undervalued. The current stock price of £0.41 is trading 70.7% below its estimated GF Value™ of £1.38. GuruFocus considers Microlise Group to be Possible Value Trap.

Key valuation signals for LSE:SAAS:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: £1.38 vs. price of £0.41 (70.7% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 0% at the Software median (#1103 of 2744)

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


Microlise Group Business Description

Other Exchanges 2DI:Germany
Address Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG
Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It supports organizations to run their business more sustainably, cost-effectively, compliantly, and efficiently with telematics, real-time journey management, planning, and proof of delivery solutions. It delivers integrated location, performance, utilization, safety, and compliance information through various solutions. The company's offerings include fleet management SaaS solutions, including telematics, real-time journey management, route planning, vehicle tracking, and electronic proof of delivery. Geographically, the maximum revenue is generated from the UK, followed by the Rest of Europe and the Rest of the World.
52GF Score

Get the complete analysis for LSE:SAAS

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

£0.41
Price
£1.38
GF Value