Powersoft SpA (MIL:PWS) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 29% Below Median


MIL:PWS Powersoft SpA MIL:PWS
95 GF Score
Price €16.55
GF Value €18.90
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Powersoft SpA Piotroski F-Score?

Powersoft SpA MIL:PWS +1.53% 95 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates MIL:PWS with a GF Score™ of 95/100 and a GF Value™ of €18.90 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, Powersoft SpA ranks better than 59.56% 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

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

MIL:PWS' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 7
Current: 5

During the past 10 years, the highest Piotroski F-Score of Powersoft SpA was 7. The lowest was 4. And the median was 7.

Powersoft SpA  (MIL:PWS) 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.


Powersoft SpA Piotroski F-Score Related Terms


Powersoft SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Powersoft 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.

Powersoft SpA Piotroski F-Score Chart

Powersoft 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 7.00 7.00 4.00 6.00 5.00

Powersoft SpA Semi-Annual Data
Dec16 Jun17 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 Premium Member Only 4.00 0.00 6.00 0.00 5.00

MIL:PWS vs AAPL: Piotroski F-Score Comparison

For the Consumer Electronics subindustry, Powersoft 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.


Powersoft SpA Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Powersoft SpA's Piotroski F-Score distribution charts can be found below:

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


MIL:PWS
95GF Score
Powersoft SpA MIL:PWS
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 €9.93 Mil.
Cash Flow from Operations was €20.71 Mil.
Revenue was €94.36 Mil.
Gross Profit was €50.63 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (53.318 + 120.777) / 2 = €87.0475 Mil.
Total Assets at the begining of this year (Dec24) was €53.32 Mil.
Long-Term Debt & Capital Lease Obligation was €17.15 Mil.
Total Current Assets was €62.00 Mil.
Total Current Liabilities was €22.89 Mil.
Net Income was €12.35 Mil.

Revenue was €72.36 Mil.
Gross Profit was €36.58 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (59.801 + 53.318) / 2 = €56.5595 Mil.
Total Assets at the begining of last year (Dec23) was €59.80 Mil.
Long-Term Debt & Capital Lease Obligation was €0.66 Mil.
Total Current Assets was €47.42 Mil.
Total Current Liabilities was €11.65 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.

Powersoft SpA's current Net Income (TTM) was 9.93. ==> 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.

Powersoft SpA's current Cash Flow from Operations (TTM) was 20.71. ==> 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)
=9.925/53.318
=0.18614727

ROA (Last Year)=Net Income/Total Assets (Dec23)
=12.346/59.801
=0.2064514

Powersoft SpA's return on assets of this year was 0.18614727. Powersoft SpA's return on assets of last year was 0.2064514. ==> 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.

Powersoft SpA's current Net Income (TTM) was 9.93. Powersoft SpA's current Cash Flow from Operations (TTM) was 20.71. ==> 20.71 > 9.93 ==> 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
=17.151/87.0475
=0.19703036

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.657/56.5595
=0.01161609

Powersoft SpA's gearing of this year was 0.19703036. Powersoft SpA's gearing of last year was 0.01161609. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=62.002/22.894
=2.70822049

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=47.416/11.647
=4.07109127

Powersoft SpA's current ratio of this year was 2.70822049. Powersoft SpA's current ratio of last year was 4.07109127. ==> 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.

Powersoft SpA's number of shares in issue this year was 12.864. Powersoft SpA's number of shares in issue last year was 12.132. ==> 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
=50.631/94.364
=0.53654996

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=36.581/72.362
=0.50552776

Powersoft SpA's gross margin of this year was 0.53654996. Powersoft SpA's gross margin of last year was 0.50552776. ==> 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)
=94.364/53.318
=1.76983383

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=72.362/59.801
=1.21004665

Powersoft SpA's asset turnover of this year was 1.76983383. Powersoft SpA's asset turnover of last year was 1.21004665. ==> 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+0+1+0+0+0+1+1
=5

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

Powersoft SpA 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?
Powersoft SpA (MIL:PWS) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Powersoft SpA and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Powersoft SpA's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Powersoft SpA ranks #981 out of 2426 companies in the Hardware industry, placing it in the top 40.4%.
Is Powersoft SpA's Piotroski F-Score too high?
Powersoft SpA's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Powersoft SpA's value of 5 is 0% at this industry median. Based on the distribution chart, Powersoft SpA ranks #981 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Powersoft SpA has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Powersoft SpA's Piotroski F-Score compare to AAPL?
According to the Hardware industry distribution chart, Powersoft SpA ranks #981 out of 2426 companies for Piotroski F-Score. This puts Powersoft SpA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Powersoft SpA's value of 5 is 0% at this benchmark. Historically, Powersoft SpA's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Powersoft SpA 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. Powersoft SpA'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 Powersoft SpA and its competitors. For the Hardware 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. Powersoft SpA's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powersoft SpA stock overvalued right now?
Based on GuruFocus' analysis, Powersoft SpA (MIL:PWS) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.90, compared to a current price of €16.55 — trading 12.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Hardware industry median of 5.00. Powersoft SpA's overall GF Score™ is 95/100 with 5 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 Powersoft SpA (MIL:PWS), the current Piotroski F-Score is 5 as of Jun. 26, 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 Powersoft SpA (MIL:PWS) Overvalued in 2026?

Based on GuruFocus' analysis, Powersoft SpA stock appears to be undervalued. The current stock price of €16.55 is trading 12.4% below its estimated GF Value™ of €18.90. GuruFocus considers Powersoft SpA to be Modestly Undervalued.

Key valuation signals for MIL:PWS:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: €18.90 vs. price of €16.55 (12.4% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 0% at the Hardware median (#981 of 2426)

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


Powersoft SpA Business Description

Address Via Enrico Conti, 5, Scandicci, Florence, ITA, 50018
Powersoft SpA operates in the pro-audio sector and is engaged in the design, development, and manufacturing of professional audio amplification systems and related technologies. Its products and services include high-efficiency amplifiers, audio processing solutions, haptic transducers, and integrated audio platforms developed as part of its transition from a product company to a solution provider. The Group serves multiple vertical segments within the Install sector, such as Hospitality, Retail, Higher Education, Houses of Worship, and Venues, along with applications in live events and automotive through technology collaborations. It operates in Europe, the company's key revenue-generating market, Middle East and Africa, Asia and Pacific, North America, and Caribbean and South America.
95GF Score

Get the complete analysis for MIL:PWS

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

€16.55
Price
€18.90
GF Value