OTT One (LTS:0RNI) Piotroski F-Score: 3 (As of Jul. 01, 2026) — 50% Below Median


What is OTT One Piotroski F-Score?

OTT One LTS:0RNI 4 Piotroski F-Score is 3 as of Jul. 01, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates LTS:0RNI with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Warning Sign:

Piotroski F-Score of 3 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

OTT One has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

LTS:0RNI' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of OTT One was 9. The lowest was 1. And the median was 6.

OTT One  (LTS:0RNI) 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.


OTT One Piotroski F-Score Related Terms


OTT One Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OTT One'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.

OTT One Piotroski F-Score Chart

OTT One Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 6.00 6.00 3.00

OTT One Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22
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 4.00 6.00 3.00

LTS:0RNI vs GOOGL, FB, NTES: Piotroski F-Score Comparison

For the Internet Content & Information subindustry, OTT One'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.


OTT One Piotroski F-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, OTT One's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where OTT One'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 (Dec22) TTM:Last Year (Dec21) TTM:
Net Income was Ft-3,081.43 Mil.
Cash Flow from Operations was Ft190.58 Mil.
Revenue was Ft1,143.73 Mil.
Gross Profit was Ft47.12 Mil.
Average Total Assets from the begining of this year (Dec21)
to the end of this year (Dec22) was (4048.892 + 788.893) / 2 = Ft2418.8925 Mil.
Total Assets at the begining of this year (Dec21) was Ft4,048.89 Mil.
Long-Term Debt & Capital Lease Obligation was Ft30.09 Mil.
Total Current Assets was Ft596.45 Mil.
Total Current Liabilities was Ft1,064.12 Mil.
Net Income was Ft84.21 Mil.

Revenue was Ft6,045.06 Mil.
Gross Profit was Ft259.29 Mil.
Average Total Assets from the begining of last year (Dec20)
to the end of last year (Dec21) was (9509.842 + 4048.892) / 2 = Ft6779.367 Mil.
Total Assets at the begining of last year (Dec20) was Ft9,509.84 Mil.
Long-Term Debt & Capital Lease Obligation was Ft8.86 Mil.
Total Current Assets was Ft2,316.65 Mil.
Total Current Liabilities was Ft1,241.33 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.

OTT One's current Net Income (TTM) was -3,081.43. ==> 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.

OTT One's current Cash Flow from Operations (TTM) was 190.58. ==> 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 (Dec21)
=-3081.425/4048.892
=-0.76105389

ROA (Last Year)=Net Income/Total Assets (Dec20)
=84.209/9509.842
=0.00885493

OTT One's return on assets of this year was -0.76105389. OTT One's return on assets of last year was 0.00885493. ==> 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.

OTT One's current Net Income (TTM) was -3,081.43. OTT One's current Cash Flow from Operations (TTM) was 190.58. ==> 190.58 > -3,081.43 ==> 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: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=30.093/2418.8925
=0.01244082

Gearing (Last Year: Dec21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec20 to Dec21
=8.859/6779.367
=0.00130676

OTT One's gearing of this year was 0.01244082. OTT One's gearing of last year was 0.00130676. ==> 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: Dec22)=Total Current Assets/Total Current Liabilities
=596.445/1064.118
=0.56050645

Current Ratio (Last Year: Dec21)=Total Current Assets/Total Current Liabilities
=2316.645/1241.327
=1.86626489

OTT One's current ratio of this year was 0.56050645. OTT One's current ratio of last year was 1.86626489. ==> 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.

OTT One's number of shares in issue this year was 0. OTT One's number of shares in issue last year was 0. ==> 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
=47.12/1143.729
=0.04119857

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=259.288/6045.062
=0.04289253

OTT One's gross margin of this year was 0.04119857. OTT One's gross margin of last year was 0.04289253. ==> 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 (Dec21)
=1143.729/4048.892
=0.2824795

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec20)
=6045.062/9509.842
=0.63566377

OTT One's asset turnover of this year was 0.2824795. OTT One's asset turnover of last year was 0.63566377. ==> 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+1+0+1+0+0+1+0+0
=3

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

OTT One has an F-score of 3. 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 3 mean?
OTT One (LTS:0RNI) has a Piotroski F-Score of 3 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OTT One and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, OTT One's Piotroski F-Score has ranged from 1.00 to 9.00.
Is OTT One's Piotroski F-Score too high?
OTT One's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Interactive Media industry median Piotroski F-Score is 5.00. OTT One's value of 3 is 40% below this industry median. Overall, OTT One has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does OTT One's Piotroski F-Score compare to GOOGL and FB?
OTT One's Piotroski F-Score of 3 can be compared against companies in the Interactive Media industry. The industry median Piotroski F-Score is 5.00. OTT One's value of 3 is 40% below this benchmark. Historically, OTT One's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, OTT One 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 549 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. OTT One's current Piotroski F-Score of 3 is 40% 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 OTT One and its competitors. For the Interactive Media 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. OTT One's current Piotroski F-Score is 3, which is 50% 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 OTT One stock overvalued right now?
OTT One (LTS:0RNI) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Interactive Media industry median of 5.00. OTT One's overall GF Score™ is 4/100 with 8 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 OTT One (LTS:0RNI), the current Piotroski F-Score is 3 as of Jul. 01, 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.

OTT One Business Description

Address Feny street 16, 5th Floor, Budapest, HUN, 1138
OTT One PLC operates in the internet content and information. The company is engaged in providing live TV and video on demand services, organization of events, consulting, live broadcasting, software and hardware security solutions.