Poste Italiane SpA (MIL:PST) Piotroski F-Score: 7 (As of Aug. 09, 2026) — 17% Above Median

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MIL:PST Poste Italiane SpA MIL:PST
60 GF Score
Price €27.26
GF Value €16.88
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Poste Italiane SpA Piotroski F-Score?

Poste Italiane SpA MIL:PST -0.26% 60 Piotroski F-Score is 7 as of Aug. 09, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MIL:PST with a GF Score™ of 60/100 and a GF Value™ of €16.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 543 Conglomerates companies, Poste Italiane SpA ranks better than 89.13% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Poste Italiane SpA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

MIL:PST' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Poste Italiane SpA was 9. The lowest was 3. And the median was 6.

Poste Italiane SpA  (MIL:PST) 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.


Poste Italiane SpA Piotroski F-Score Related Terms


Poste Italiane SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Poste Italiane SpA'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.

Poste Italiane SpA Piotroski F-Score Chart

Poste Italiane SpA 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 5.00 6.00 9.00 6.00

Poste Italiane SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.00 7.00 6.00 7.00 7.00

MIL:PST vs MMM, HON: Piotroski F-Score Comparison

For the Conglomerates subindustry, Poste Italiane SpA'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.


Poste Italiane SpA Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Poste Italiane SpA's Piotroski F-Score distribution charts can be found below:

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


MIL:PST
60GF Score
Poste Italiane SpA MIL:PST
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 596 + 459 + 812 + 532 = €2,399 Mil.
Cash Flow from Operations was 865 + -313 + 1402 + 789 = €2,743 Mil.
Revenue was 3743 + 11938 + 4289 + 7515 = €27,485 Mil.
Gross Profit was 1162 + 3097 + 1212 + 1191 = €6,662 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(285127 + 285133 + 290325 + 287878 + 293723) / 5 = €288437.2 Mil.
Total Assets at the begining of this year (Jun25) was €285,127 Mil.
Long-Term Debt & Capital Lease Obligation was €0 Mil.
Total Current Assets was €48,702 Mil.
Total Current Liabilities was €96,335 Mil.
Net Income was 565 + 412 + 593 + 565 = €2,135 Mil.

Revenue was 3566 + 11721 + 4301 + 5451 = €25,039 Mil.
Gross Profit was 1077 + 2922 + 1094 + 3545 = €8,638 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(267906 + 275958 + 277098 + 278672 + 285127) / 5 = €276952.2 Mil.
Total Assets at the begining of last year (Jun24) was €267,906 Mil.
Long-Term Debt & Capital Lease Obligation was €5,956 Mil.
Total Current Assets was €52,095 Mil.
Total Current Liabilities was €96,849 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.

Poste Italiane SpA's current Net Income (TTM) was 2,399. ==> 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.

Poste Italiane SpA's current Cash Flow from Operations (TTM) was 2,743. ==> 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 (Jun25)
=2399/285127
=0.00841379

ROA (Last Year)=Net Income/Total Assets (Jun24)
=2135/267906
=0.00796921

Poste Italiane SpA's return on assets of this year was 0.00841379. Poste Italiane SpA's return on assets of last year was 0.00796921. ==> This year is higher. ==> Score 1.

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.

Poste Italiane SpA's current Net Income (TTM) was 2,399. Poste Italiane SpA's current Cash Flow from Operations (TTM) was 2,743. ==> 2,743 > 2,399 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/288437.2
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=5956/276952.2
=0.02150552

Poste Italiane SpA's gearing of this year was 0. Poste Italiane SpA's gearing of last year was 0.02150552. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=48702/96335
=0.50554835

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=52095/96849
=0.5378992

Poste Italiane SpA's current ratio of this year was 0.50554835. Poste Italiane SpA's current ratio of last year was 0.5378992. ==> 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.

Poste Italiane SpA's number of shares in issue this year was 1292.047. Poste Italiane SpA's number of shares in issue last year was 1292.95. ==> 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
=6662/27485
=0.24238676

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8638/25039
=0.34498183

Poste Italiane SpA's gross margin of this year was 0.24238676. Poste Italiane SpA's gross margin of last year was 0.34498183. ==> 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 (Jun25)
=27485/285127
=0.09639564

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=25039/267906
=0.09346189

Poste Italiane SpA's asset turnover of this year was 0.09639564. Poste Italiane SpA's asset turnover of last year was 0.09346189. ==> 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
=1+1+1+1+1+0+1+0+1
=7

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

Poste Italiane SpA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Poste Italiane SpA (MIL:PST) has a Piotroski F-Score of 7 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Poste Italiane SpA and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Poste Italiane SpA's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Poste Italiane SpA ranks #59 out of 543 companies in the Conglomerates industry, placing it in the top 10.9%.
Is Poste Italiane SpA's Piotroski F-Score too high?
Poste Italiane SpA's current Piotroski F-Score of 7 is 17% above 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 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. Poste Italiane SpA's value of 7 is 40% above this industry median. Based on the distribution chart, Poste Italiane SpA ranks #59 out of 543 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Poste Italiane SpA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Poste Italiane SpA's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Poste Italiane SpA ranks #59 out of 543 companies for Piotroski F-Score. This places Poste Italiane SpA in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Poste Italiane SpA's value of 7 is 40% above this benchmark. Historically, Poste Italiane SpA's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Poste Italiane SpA 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 543 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. Poste Italiane SpA's current Piotroski F-Score of 7 is 40% 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 Poste Italiane SpA and its competitors. For the Conglomerates 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. Poste Italiane SpA's current Piotroski F-Score is 7, which is 17% above 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 Poste Italiane SpA stock overvalued right now?
Based on GuruFocus' analysis, Poste Italiane SpA (MIL:PST) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.88, compared to a current price of €27.26 — trading 61.5% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Conglomerates industry median of 5.00. Poste Italiane SpA's overall GF Score™ is 60/100 with 6 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 Poste Italiane SpA (MIL:PST), the current Piotroski F-Score is 7 as of Aug. 09, 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 Poste Italiane SpA (MIL:PST) Overvalued in 2026?

Based on GuruFocus' analysis, Poste Italiane SpA stock appears to be overvalued. The current stock price of €27.26 is trading 61.5% above its estimated GF Value™ of €16.88. GuruFocus considers Poste Italiane SpA to be Significantly Overvalued.

Key valuation signals for MIL:PST:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €16.88 vs. price of €27.26 (61.5% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 40% above the Conglomerates median (#59 of 543)

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


Poste Italiane SpA Business Description

Address Viale Europa, 190, Rome, ITA, 00144
Poste Italiane SpA is an Italian diversified financial-services company. The company's operating segments are Mail, parcels, and distribution; Postepay services; Financial services; and Insurance services. The Postepay services segment generates maximum revenue. It encompasses payment management and e-money services, also carried out through the LIS point-of-sale network, as well as mobile and fixed-line telephony services and electricity and gas marketing. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.
60GF Score

Get the complete analysis for MIL:PST

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

€27.26
Price
€16.88
GF Value