Stryker (LTS:0R2S) Piotroski F-Score: 5 (As of Jun. 28, 2026) — 17% Below Median


LTS:0R2S Stryker Corp LTS:0R2S
93 GF Score
Price $330.34
GF Value $408.10
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Stryker Piotroski F-Score?

Stryker LTS:0R2S +3.92% 93 Piotroski F-Score is 5 as of Jun. 28, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates LTS:0R2S with a GF Score™ of 93/100 and a GF Value™ of $408.10 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 807 Medical Devices & Instruments companies, Stryker ranks better than 64.93% 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

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

LTS:0R2S' 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 Stryker was 8. The lowest was 3. And the median was 6.

Stryker  (LTS:0R2S) 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.


Stryker Piotroski F-Score Related Terms


Stryker Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Stryker'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.

Stryker Piotroski F-Score Chart

Stryker 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 8.00 7.00 7.00 6.00 6.00

Stryker Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 6.00 5.00 6.00 5.00

LTS:0R2S vs MDT, ABT, BSX: Piotroski F-Score Comparison

For the Medical Devices subindustry, Stryker'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.


Stryker Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stryker's Piotroski F-Score distribution charts can be found below:

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


LTS:0R2S
93GF Score
Stryker Corp LTS:0R2S
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 884 + 859 + 849 + 745 = $3,337 Mil.
Cash Flow from Operations was 1111 + 1540 + 2143 + 581 = $5,375 Mil.
Revenue was 6022 + 6057 + 7171 + 6020 = $25,270 Mil.
Gross Profit was 3841 + 3852 + 4628 + 3810 = $16,131 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(46006 + 46331 + 47057 + 47844 + 46291) / 5 = $46705.8 Mil.
Total Assets at the begining of this year (Mar25) was $46,006 Mil.
Long-Term Debt & Capital Lease Obligation was $14,224 Mil.
Total Current Assets was $13,338 Mil.
Total Current Liabilities was $6,315 Mil.
Net Income was 825 + 834 + 546 + 654 = $2,859 Mil.

Revenue was 5422 + 5494 + 6436 + 5866 = $23,218 Mil.
Gross Profit was 3416 + 3517 + 4174 + 3744 = $14,851 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(39402 + 39130 + 43833 + 42971 + 46006) / 5 = $42268.4 Mil.
Total Assets at the begining of last year (Mar24) was $39,402 Mil.
Long-Term Debt & Capital Lease Obligation was $14,383 Mil.
Total Current Assets was $13,022 Mil.
Total Current Liabilities was $7,929 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.

Stryker's current Net Income (TTM) was 3,337. ==> 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.

Stryker's current Cash Flow from Operations (TTM) was 5,375. ==> 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 (Mar25)
=3337/46006
=0.07253402

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2859/39402
=0.07255977

Stryker's return on assets of this year was 0.07253402. Stryker's return on assets of last year was 0.07255977. ==> 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.

Stryker's current Net Income (TTM) was 3,337. Stryker's current Cash Flow from Operations (TTM) was 5,375. ==> 5,375 > 3,337 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=14224/46705.8
=0.30454462

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=14383/42268.4
=0.34027784

Stryker's gearing of this year was 0.30454462. Stryker's gearing of last year was 0.34027784. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=13338/6315
=2.11211401

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=13022/7929
=1.64232564

Stryker's current ratio of this year was 2.11211401. Stryker's current ratio of last year was 1.64232564. ==> 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.

Stryker's number of shares in issue this year was 386.5. Stryker's number of shares in issue last year was 386.4. ==> 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
=16131/25270
=0.63834586

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14851/23218
=0.63963304

Stryker's gross margin of this year was 0.63834586. Stryker's gross margin of last year was 0.63963304. ==> 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 (Mar25)
=25270/46006
=0.54927618

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=23218/39402
=0.58925943

Stryker's asset turnover of this year was 0.54927618. Stryker's asset turnover of last year was 0.58925943. ==> 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+1+0+0+0
=5

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

Stryker 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?
Stryker (LTS:0R2S) 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 Stryker and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Stryker's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Stryker ranks #283 out of 807 companies in the Medical Devices & Instruments industry, placing it in the top 35.1%.
Is Stryker's Piotroski F-Score too high?
Stryker'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 Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Stryker's value of 5 is 0% at this industry median. Based on the distribution chart, Stryker ranks #283 out of 807 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Stryker has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stryker's Piotroski F-Score compare to MDT and ABT?
According to the Medical Devices & Instruments industry distribution chart, Stryker ranks #283 out of 807 companies for Piotroski F-Score. This puts Stryker in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Stryker's value of 5 is 0% at this benchmark. Historically, Stryker'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, Stryker 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 807 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. Stryker'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 Stryker and its competitors. For the Medical Devices & Instruments 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. Stryker'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 Stryker stock overvalued right now?
Based on GuruFocus' analysis, Stryker (LTS:0R2S) is currently considered Modestly Undervalued. The stock's GF Value™ is $408.10, compared to a current price of $330.34 — trading 19.1% below 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 Medical Devices & Instruments industry median of 5.00. Stryker's overall GF Score™ is 93/100 with 1 warning sign 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 Stryker (LTS:0R2S), 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 Stryker (LTS:0R2S) Overvalued in 2026?

Based on GuruFocus' analysis, Stryker stock appears to be undervalued. The current stock price of $330.34 is trading 19.1% below its estimated GF Value™ of $408.10. GuruFocus considers Stryker to be Modestly Undervalued.

Key valuation signals for LTS:0R2S:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $408.10 vs. price of $330.34 (19.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 0% at the Medical Devices & Instruments median (#283 of 807)

No single metric tells the full story. See the LTS:0R2S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stryker Business Description

Address 1941 Stryker Way, Portage, MI, USA, 49002
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, extremities, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and orthopedic robotics. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Roughly one-fourth of Stryker's total revenue currently comes from outside the United States.
93GF Score

Get the complete analysis for LTS:0R2S

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

$330.34
Price
$408.10
GF Value