VisaPFTS:V 96 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates PFTS:V with a GF Score™ of 96/100. The stock has 2 warning signs investors should review. Among 532 Credit Services companies, Visa ranks better than 98.12% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Visa has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Visa's Piotroski F-Score or its related term are showing as below:
PFTS:V'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Visa was 8. The lowest was 4. And the median was 7.
Visa (PFTS:V) 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.
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.
Visa Piotroski F-Score Related Terms
Visa Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Visa'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.
PFTS:V vs MA, AXP, COF: Piotroski F-Score Comparison
For the Credit Services subindustry, Visa'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.
Visa Piotroski F-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Visa's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Visa'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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 236781.905 + 228607.719 + 262876.421 + 270421.823 = ₴998,687.87 Mil. Cash Flow from Operations was 302265.216 + 280167.967 + 304510.872 + 135098.629 = ₴1,022,042.68 Mil. Revenue was 456856.134 + 481648.169 + 489597.79 + 504374.202 = ₴1,932,476.30 Mil. Gross Profit was 368242.572 + 392675.303 + 399906.313 + 410011.762 = ₴1,570,835.95 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4170316.811 + 4492388.708 + 4474558.204 + 4348217.632 + 4268945.996) / 5 = ₴4350885.4702 Mil. Total Assets at the begining of this year (Mar25) was ₴4,170,316.81 Mil. Long-Term Debt & Capital Lease Obligation was ₴1,006,817.14 Mil. Total Current Assets was ₴1,420,377.04 Mil. Total Current Liabilities was ₴1,305,893.53 Mil.
Net Income was 218816.662 + 238847.908 + 229910.2 + 205567.295 = ₴893,142.07 Mil.
Revenue was 399726.661 + 431929.359 + 427123.656 + 430896.358 = ₴1,689,676.03 Mil. Gross Profit was 320095.72 + 350322.242 + 336399.178 + 346414.802 = ₴1,353,231.94 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4149926.26 + 4088889.346 + 4244782.744 + 4126975.662 + 4170316.811) / 5 = ₴4156178.1646 Mil. Total Assets at the begining of last year (Mar24) was ₴4,149,926.26 Mil. Long-Term Debt & Capital Lease Obligation was ₴755,169.00 Mil. Total Current Assets was ₴1,479,168.30 Mil. Total Current Liabilities was ₴1,364,505.13 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.
Visa's current Net Income (TTM) was 998,687.87.
==> 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.
Visa's return on assets of this year was 0.2394753. Visa's return on assets of last year was 0.21521878.
==> 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.
Visa's current Net Income (TTM) was 998,687.87. Visa's current Cash Flow from Operations (TTM) was 1,022,042.68.
==> 1,022,042.68 > 998,687.87 ==> 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.
Visa's current ratio of this year was 1.0876668. Visa's current ratio of last year was 1.08403278.
==> 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.
Visa's number of shares in issue this year was 2050. Visa's number of shares in issue last year was 2108.
==> 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.
Visa's gross margin of this year was 0.81286169. Visa's gross margin of last year was 0.80088249.
==> 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
Visa's asset turnover of this year was 0.46338837. Visa's asset turnover of last year was 0.40715809.
==> 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
+
0
+
1
+
1
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Visa has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Visa (PFTS:V) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Visa and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Visa's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Visa ranks #10 out of 532 companies in the Credit Services industry, placing it in the top 1.9%.
Is Visa's Piotroski F-Score too high?
Visa's current Piotroski F-Score of 8 is 14% above 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 8.00. The Credit Services industry median Piotroski F-Score is 5.00. Visa's value of 8 is 60% above this industry median. Based on the distribution chart, Visa ranks #10 out of 532 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Visa has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Visa's Piotroski F-Score compare to MA and AXP?
According to the Credit Services industry distribution chart, Visa ranks #10 out of 532 companies for Piotroski F-Score. This places Visa in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Visa's value of 8 is 60% above this benchmark. Historically, Visa's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Visa 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 532 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. Visa's current Piotroski F-Score of 8 is 60% 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 Visa and its competitors. For the Credit Services 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. Visa's current Piotroski F-Score is 8, which is 14% above 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 Visa stock overvalued right now?
Visa (PFTS:V) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Credit Services industry median of 5.00. Visa's overall GF Score™ is 96/100 with 2 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 Visa (PFTS:V), the current Piotroski F-Score is 8 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.
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PFTS:V has been successfully added to your 