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Virtu FinancialMEX:VIRT 65 Piotroski F-Score is 6 as of Aug. 20, 2026, which is at its 10-year median of 6.00. GuruFocus rates MEX:VIRT with a GF Score™ of 65/100 and a GF Value™ of MXN768.91 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 786 Capital Markets companies, Virtu Financial ranks better than 82.7% 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
Virtu Financial has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Virtu Financial's Piotroski F-Score or its related term are showing as below:
MEX:VIRT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Virtu Financial was 9. The lowest was 2. And the median was 6.
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.
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.
Virtu Financial Piotroski F-Score Related Terms
Virtu Financial Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Virtu Financial'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.
MEX:VIRT vs PIPR, MC, BGC: Piotroski F-Score Comparison
For the Capital Markets subindustry, Virtu Financial'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.
Virtu Financial Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Virtu Financial's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Virtu Financial's Piotroski F-Score falls into.
* 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 1424.024 + 2518.367 + 3287.524 + 2633.037 = MXN9,863 Mil. Cash Flow from Operations was -1260.742 + 9171.815 + -2.687 + 2043.417 = MXN9,952 Mil. Revenue was 15130.094 + 17463.494 + 19751.703 + 20763.49 = MXN73,109 Mil. Gross Profit was 8967.819 + 12378.739 + 13491.056 + 12463.542 = MXN47,301 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(363111.5 + 390219.217 + 362828.107 + 452895.949 + 479448.302) / 5 = MXN409700.615 Mil. Total Assets at the begining of this year (Jun25) was MXN363,112 Mil. Long-Term Debt & Capital Lease Obligation was MXN181,880 Mil. Total Current Assets was MXN81,145 Mil. Total Current Liabilities was MXN45,256 Mil.
Net Income was 1180.473 + 1961.687 + 2039.294 + 2846.73 = MXN8,028 Mil.
Revenue was 13917.892 + 17399.598 + 17141.292 + 18821.16 = MXN67,280 Mil. Gross Profit was 8318.148 + 10564.497 + 10160.32 + 12451.129 = MXN41,494 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(255187.274 + 283554.222 + 320379.903 + 359004.872 + 363111.5) / 5 = MXN316247.5542 Mil. Total Assets at the begining of last year (Jun24) was MXN255,187 Mil. Long-Term Debt & Capital Lease Obligation was MXN163,650 Mil. Total Current Assets was MXN46,812 Mil. Total Current Liabilities was MXN42,389 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.
Virtu Financial's current Net Income (TTM) was 9,863.
==> 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.
Virtu Financial's return on assets of this year was 0.02716232. Virtu Financial's return on assets of last year was 0.03145997.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Virtu Financial's gearing of this year was 0.44393469. Virtu Financial's gearing of last year was 0.51747341.
==> 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
Virtu Financial's current ratio of this year was 1.79304125. Virtu Financial's current ratio of last year was 1.10435194.
==> 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.
Virtu Financial's number of shares in issue this year was 87.604. Virtu Financial's number of shares in issue last year was 85.53.
==> 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.
Virtu Financial's gross margin of this year was 0.64699692. Virtu Financial's gross margin of last year was 0.61673796.
==> 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
Virtu Financial's asset turnover of this year was 0.20133976. Virtu Financial's asset turnover of last year was 0.26364928.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Virtu Financial has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Virtu Financial (MEX:VIRT) has a Piotroski F-Score of 6 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Virtu Financial and its competitors. This is near median its historical median of 6.00. Over the past decade, Virtu Financial's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Virtu Financial ranks #136 out of 786 companies in the Capital Markets industry, placing it in the top 17.3%.
Is Virtu Financial's Piotroski F-Score too high?
Virtu Financial's 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 9.00. The Capital Markets industry median Piotroski F-Score is 5.00. Virtu Financial's value of 6 is 20% above this industry median. Based on the distribution chart, Virtu Financial ranks #136 out of 786 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Virtu Financial has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virtu Financial's Piotroski F-Score compare to PIPR and MC?
According to the Capital Markets industry distribution chart, Virtu Financial ranks #136 out of 786 companies for Piotroski F-Score. This places Virtu Financial in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Virtu Financial's value of 6 is 20% above this benchmark. Historically, Virtu Financial's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Virtu Financial has consistently been above 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 786 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. Virtu Financial's current Piotroski F-Score of 6 is 20% above 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 Virtu Financial and its competitors. For the Capital Markets 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. Virtu Financial'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 Virtu Financial stock overvalued right now?
Based on GuruFocus' analysis, Virtu Financial (MEX:VIRT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN768.91, compared to a current price of MXN1,019.43 — trading 32.6% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Capital Markets industry median of 5.00. Virtu Financial's overall GF Score™ is 65/100 with 11 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 Virtu Financial (MEX:VIRT), the current Piotroski F-Score is 6 as of Aug. 20, 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 Virtu Financial (MEX:VIRT) Overvalued in 2026?
Based on GuruFocus' analysis, Virtu Financial stock appears to be overvalued.
The current stock price of MXN1,019.43 is trading 32.6% above its estimated GF Value™ of MXN768.91.
GuruFocus considers Virtu Financial to be Significantly Overvalued.
Key valuation signals for MEX:VIRT:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: MXN768.91 vs. price of MXN1,019.43 (32.6% above fair value)
Industry Position: 20% above the Capital Markets median (#136 of 786)
No single metric tells the full story. See the MEX:VIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtu Financial Inc is a financial firm that leverages technology to deliver liquidity to the world-wide markets and transparent trading solutions to its clients. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
65GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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