MNDY (Monday.Com) Piotroski F-Score: 5 (As of Jun. 25, 2026) — 17% Below Median


MNDY Monday.Com Ltd MNDY
73 GF Score
Price $70.92
GF Value $361.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Monday.Com Piotroski F-Score?

Monday.Com MNDY +1.38% 73 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates MNDY with a GF Score™ of 73/100 and a GF Value™ of $361.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,742 Software companies, Monday.Com ranks better than 59.85% 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

Monday.Com 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 Monday.Com's Piotroski F-Score or its related term are showing as below:

MNDY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 5

During the past 7 years, the highest Piotroski F-Score of Monday.Com was 7. The lowest was 3. And the median was 6.

Monday.Com  (NAS:MNDY) 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.


Monday.Com Piotroski F-Score Related Terms


Monday.Com Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Monday.Com'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.

Monday.Com Piotroski F-Score Chart

Monday.Com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 3.00 6.00 6.00 5.00

Monday.Com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 6.00 5.00 5.00 5.00

MNDY vs BTDR, SRAD, SOUN: Piotroski F-Score Comparison

For the Software - Application subindustry, Monday.Com'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.


Monday.Com Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Monday.Com's Piotroski F-Score distribution charts can be found below:

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


MNDY
73GF Score
Monday.Com Ltd MNDY
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 1.573 + 13.052 + 76.692 + 28.034 = $119 Mil.
Cash Flow from Operations was 66.837 + 95.144 + 59.693 + 104.687 = $326 Mil.
Revenue was 299.014 + 316.855 + 333.878 + 351.265 = $1,301 Mil.
Gross Profit was 267.841 + 281.067 + 296.545 + 313.141 = $1,159 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1846.274 + 1963.971 + 2058.548 + 2106.6 + 1692.199) / 5 = $1933.5184 Mil.
Total Assets at the begining of this year (Mar25) was $1,846 Mil.
Long-Term Debt & Capital Lease Obligation was $149 Mil.
Total Current Assets was $1,347 Mil.
Total Current Liabilities was $782 Mil.
Net Income was 14.315 + -12.026 + 23.005 + 27.425 = $53 Mil.

Revenue was 236.106 + 251 + 267.976 + 282.25 = $1,037 Mil.
Gross Profit was 212.343 + 225.028 + 237.474 + 253.445 = $928 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1390.764 + 1470.198 + 1585.11 + 1685.508 + 1846.274) / 5 = $1595.5708 Mil.
Total Assets at the begining of last year (Mar24) was $1,391 Mil.
Long-Term Debt & Capital Lease Obligation was $93 Mil.
Total Current Assets was $1,665 Mil.
Total Current Liabilities was $649 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.

Monday.Com's current Net Income (TTM) was 119. ==> 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.

Monday.Com's current Cash Flow from Operations (TTM) was 326. ==> 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 (Mar25)
=119.351/1846.274
=0.06464425

ROA (Last Year)=Net Income/Total Assets (Mar24)
=52.719/1390.764
=0.0379065

Monday.Com's return on assets of this year was 0.06464425. Monday.Com's return on assets of last year was 0.0379065. ==> 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.

Monday.Com's current Net Income (TTM) was 119. Monday.Com's current Cash Flow from Operations (TTM) was 326. ==> 326 > 119 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=149.046/1933.5184
=0.07708538

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=93.197/1595.5708
=0.05840982

Monday.Com's gearing of this year was 0.07708538. Monday.Com's gearing of last year was 0.05840982. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=1347.332/782.376
=1.72210293

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1665.191/649.174
=2.56509195

Monday.Com's current ratio of this year was 1.72210293. Monday.Com's current ratio of last year was 2.56509195. ==> 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.

Monday.Com's number of shares in issue this year was 48.857. Monday.Com's number of shares in issue last year was 53.042. ==> 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
=1158.594/1301.012
=0.89053291

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=928.29/1037.332
=0.89488226

Monday.Com's gross margin of this year was 0.89053291. Monday.Com's gross margin of last year was 0.89488226. ==> 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 (Mar25)
=1301.012/1846.274
=0.70466897

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1037.332/1390.764
=0.74587205

Monday.Com's asset turnover of this year was 0.70466897. Monday.Com's asset turnover of last year was 0.74587205. ==> 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+1+1+0+0+1+0+0
=5

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

Monday.Com 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?
Monday.Com (MNDY) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Monday.Com and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Monday.Com's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Monday.Com ranks #1101 out of 2742 companies in the Software industry, placing it in the top 40.2%.
Is Monday.Com's Piotroski F-Score too high?
Monday.Com's current Piotroski F-Score of 5 is 17% below 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 7.00. The Software industry median Piotroski F-Score is 5.00. Monday.Com's value of 5 is 0% at this industry median. Based on the distribution chart, Monday.Com ranks #1101 out of 2742 companies in the Software industry, which is above the industry midpoint. Overall, Monday.Com has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Monday.Com's Piotroski F-Score compare to BTDR and SRAD?
According to the Software industry distribution chart, Monday.Com ranks #1101 out of 2742 companies for Piotroski F-Score. This puts Monday.Com in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Monday.Com's value of 5 is 0% at this benchmark. Historically, Monday.Com's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Monday.Com 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. Monday.Com'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 Monday.Com and its competitors. For the Software 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. Monday.Com's current Piotroski F-Score is 5, which is 17% 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 Monday.Com stock overvalued right now?
Based on GuruFocus' analysis, Monday.Com (MNDY) is currently considered Possible Value Trap. The stock's GF Value™ is $361.35, compared to a current price of $70.92 — trading 80.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Software industry median of 5.00. Monday.Com's overall GF Score™ is 73/100 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 Monday.Com (MNDY), the current Piotroski F-Score is 5 as of Jun. 25, 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 Monday.Com (MNDY) Overvalued in 2026?

Based on GuruFocus' analysis, Monday.Com stock appears to be undervalued. The current stock price of $70.92 is trading 80.4% below its estimated GF Value™ of $361.35. GuruFocus considers Monday.Com to be Possible Value Trap.

Key valuation signals for MNDY:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $361.35 vs. price of $70.92 (80.4% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 0% at the Software median (#1101 of 2742)

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


Monday.Com Business Description

Other Exchanges MNDYN:Mexico6B6:Germany
Address 6 Yitzhak Sadeh Street, Tel Aviv, ISR, 6777506
Monday.com Ltd is an artificial intelligence work platform that runs and orchestrates the core of all work. The platform democratizes access to software, including AI, enabling organizations to easily build applications and work management tools that fit their needs. The cloud-based platform is a no-code and low-code framework built from modular building blocks that are simple enough for anyone to use, yet powerful enough to drive core business across any organization. The platform also integrates with other systems and applications, creating a connective layer for organizations that links departments and bridges information silos. In addition to the core products, it introduced four core Al work capabilities: monday sidekick, monday vibe, monday agents, and workflows.
73GF Score

Get the complete analysis for MNDY

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

$70.92
Price
$361.35
GF Value