Helios Towers (MEX:HTWSN) Piotroski F-Score: 6 (As of Jun. 24, 2026) — Near Median


MEX:HTWSN Helios Towers PLC MEX:HTWSN
78 GF Score
Price MXN31.15
GF Value MXN18.51
! 7 Warning Signs
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What is Helios Towers Piotroski F-Score?

Helios Towers MEX:HTWSN 78 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates MEX:HTWSN with a GF Score™ of 78/100 and a GF Value™ of MXN18.51. The stock has 7 warning signs investors should review. Among 359 Telecommunication Services companies, Helios Towers ranks better than 67.69% 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

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

MEX:HTWSN' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 7
Current: 6

During the past 10 years, the highest Piotroski F-Score of Helios Towers was 7. The lowest was 2. And the median was 6.

Helios Towers  (MEX:HTWSN) 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.


Helios Towers Piotroski F-Score Related Terms


Helios Towers Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Helios Towers'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.

Helios Towers Piotroski F-Score Chart

Helios Towers 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 2.00 4.00 6.00 7.00 6.00

Helios Towers Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 0.00 7.00 0.00 6.00

MEX:HTWSN vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Helios Towers'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.


Helios Towers Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Helios Towers's Piotroski F-Score distribution charts can be found below:

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


MEX:HTWSN
78GF Score
Helios Towers PLC MEX:HTWSN
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 MXN706 Mil.
Cash Flow from Operations was MXN4,842 Mil.
Revenue was MXN15,379 Mil.
Gross Profit was MXN7,921 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (48556.241 + 45469.794) / 2 = MXN47013.0175 Mil.
Total Assets at the begining of this year (Dec24) was MXN48,556 Mil.
Long-Term Debt & Capital Lease Obligation was MXN34,306 Mil.
Total Current Assets was MXN10,632 Mil.
Total Current Liabilities was MXN8,466 Mil.
Net Income was MXN699 Mil.

Revenue was MXN16,518 Mil.
Gross Profit was MXN7,990 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (37304.305 + 48556.241) / 2 = MXN42930.273 Mil.
Total Assets at the begining of last year (Dec23) was MXN37,304 Mil.
Long-Term Debt & Capital Lease Obligation was MXN39,040 Mil.
Total Current Assets was MXN10,703 Mil.
Total Current Liabilities was MXN7,969 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.

Helios Towers's current Net Income (TTM) was 706. ==> 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.

Helios Towers's current Cash Flow from Operations (TTM) was 4,842. ==> 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)
=705.823/48556.241
=0.0145362

ROA (Last Year)=Net Income/Total Assets (Dec23)
=698.666/37304.305
=0.01872883

Helios Towers's return on assets of this year was 0.0145362. Helios Towers's return on assets of last year was 0.01872883. ==> 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.

Helios Towers's current Net Income (TTM) was 706. Helios Towers's current Cash Flow from Operations (TTM) was 4,842. ==> 4,842 > 706 ==> 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
=34306.26/47013.0175
=0.72971832

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=39039.785/42930.273
=0.90937658

Helios Towers's gearing of this year was 0.72971832. Helios Towers's gearing of last year was 0.90937658. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=10632.366/8466.28
=1.25584861

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=10703.145/7968.963
=1.34310386

Helios Towers's current ratio of this year was 1.25584861. Helios Towers's current ratio of last year was 1.34310386. ==> 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.

Helios Towers's number of shares in issue this year was 1180.142. Helios Towers's number of shares in issue last year was 1180.034. ==> 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
=7920.707/15378.668
=0.51504506

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7989.819/16517.714
=0.48371215

Helios Towers's gross margin of this year was 0.51504506. Helios Towers's gross margin of last year was 0.48371215. ==> 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 (Dec24)
=15378.668/48556.241
=0.31671867

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=16517.714/37304.305
=0.44278305

Helios Towers's asset turnover of this year was 0.31671867. Helios Towers's asset turnover of last year was 0.44278305. ==> 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

Helios Towers 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 6 mean?
Helios Towers (MEX:HTWSN) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Helios Towers and its competitors. This is near median its historical median of 6.00. Over the past decade, Helios Towers' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Helios Towers ranks #116 out of 359 companies in the Telecommunication Services industry, placing it in the top 32.3%.
Is Helios Towers' Piotroski F-Score too high?
Helios Towers' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Helios Towers' value of 6 is 0% at this industry median. Based on the distribution chart, Helios Towers ranks #116 out of 359 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Helios Towers has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Helios Towers' Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Helios Towers ranks #116 out of 359 companies for Piotroski F-Score. This puts Helios Towers in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Helios Towers' value of 6 is 0% at this benchmark. Historically, Helios Towers' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Helios Towers 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 359 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. Helios Towers's current Piotroski F-Score of 6 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 Helios Towers and its competitors. For the Telecommunication Services industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helios Towers's current Piotroski F-Score is 6, which is near 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 Helios Towers stock overvalued right now?
Helios Towers (MEX:HTWSN) has a current Piotroski F-Score of 6. The stock's GF Value™ is MXN18.51, compared to a current price of MXN31.15 — trading 68.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Telecommunication Services industry median of 6.00. Helios Towers' overall GF Score™ is 78/100 with 7 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 Helios Towers (MEX:HTWSN), the current Piotroski F-Score is 6 as of Jun. 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 Helios Towers (MEX:HTWSN) Overvalued in 2026?

Based on GuruFocus' analysis, Helios Towers stock appears to be overvalued. The current stock price of MXN31.15 is trading 68.3% above its estimated GF Value™ of MXN18.51.

Key valuation signals for MEX:HTWSN:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: MXN18.51 vs. price of MXN31.15 (68.3% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 0% at the Telecommunication Services median (#116 of 359)

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


Helios Towers Business Description

Address 8 Bishopsgate, 21st Floor, London, GBR, EC2N 4BQ
Helios Towers PLC is a United Kingdom-based company that provides telecommunications towers and infrastructure. The company offers tower-related operational services, including site selection, site preparation, maintenance, security, and power management. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, Managed Services, and others.
78GF Score

Get the complete analysis for MEX:HTWSN

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

MXN31.15
Price
MXN18.51
GF Value