Stevanato Group SpA (STU:87N) Piotroski F-Score: 5 (As of Sep. 09, 2026) — Near Median

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STU:87N Stevanato Group SpA STU:87N
88 GF Score
Price €17.30
GF Value €22.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Stevanato Group SpA Piotroski F-Score?

Stevanato Group SpA STU:87N 88 Piotroski F-Score is 5 as of Sep. 09, 2026, which is at its 10-year median of 5.00. GuruFocus rates STU:87N with a GF Score™ of 88/100 and a GF Value™ of €22.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 815 Medical Devices & Instruments companies, Stevanato Group SpA ranks better than 62.7% 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

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

STU:87N' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 5

During the past 8 years, the highest Piotroski F-Score of Stevanato Group SpA was 8. The lowest was 3. And the median was 5.

Stevanato Group SpA  (STU:87N) 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.


Stevanato Group SpA Piotroski F-Score Related Terms


Stevanato Group SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Stevanato Group 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.

Stevanato Group SpA Piotroski F-Score Chart

Stevanato Group SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 8.00 5.00 3.00 5.00 6.00

Stevanato Group 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 4.00 6.00 6.00 7.00 5.00

STU:87N vs MMED, TFX, MMSI: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, Stevanato Group 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.


Stevanato Group SpA Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stevanato Group SpA's Piotroski F-Score distribution charts can be found below:

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


STU:87N
88GF Score
Stevanato Group SpA STU:87N
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 36.064 + 47.555 + 28 + 22.958 = €135 Mil.
Cash Flow from Operations was 47.223 + 94.107 + 75.488 + 31.862 = €249 Mil.
Revenue was 303.167 + 346.482 + 273.6 + 302.003 = €1,225 Mil.
Gross Profit was 88.5 + 106.899 + 75.2 + 86.811 = €357 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(2351.276 + 2414.007 + 2543.974 + 2583.821 + 2618.744) / 5 = €2502.3644 Mil.
Total Assets at the begining of this year (Jun25) was €2,351 Mil.
Long-Term Debt & Capital Lease Obligation was €319 Mil.
Total Current Assets was €933 Mil.
Total Current Liabilities was €578 Mil.
Net Income was 30.026 + 48.313 + 26.517 + 29.702 = €135 Mil.

Revenue was 277.867 + 330.595 + 256.596 + 280.037 = €1,145 Mil.
Gross Profit was 74.444 + 98.154 + 69.891 + 78.586 = €321 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(2197.053 + 2213.843 + 2328.819 + 2324.18 + 2351.276) / 5 = €2283.0342 Mil.
Total Assets at the begining of last year (Jun24) was €2,197 Mil.
Long-Term Debt & Capital Lease Obligation was €342 Mil.
Total Current Assets was €861 Mil.
Total Current Liabilities was €482 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.

Stevanato Group SpA's current Net Income (TTM) was 135. ==> 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.

Stevanato Group SpA's current Cash Flow from Operations (TTM) was 249. ==> 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)
=134.577/2351.276
=0.05723573

ROA (Last Year)=Net Income/Total Assets (Jun24)
=134.558/2197.053
=0.06124477

Stevanato Group SpA's return on assets of this year was 0.05723573. Stevanato Group SpA's return on assets of last year was 0.06124477. ==> 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.

Stevanato Group SpA's current Net Income (TTM) was 135. Stevanato Group SpA's current Cash Flow from Operations (TTM) was 249. ==> 249 > 135 ==> 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
=319.041/2502.3644
=0.12749582

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=341.619/2283.0342
=0.14963376

Stevanato Group SpA's gearing of this year was 0.12749582. Stevanato Group SpA's gearing of last year was 0.14963376. ==> 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
=932.738/578.261
=1.6130052

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=860.746/481.607
=1.78723731

Stevanato Group SpA's current ratio of this year was 1.6130052. Stevanato Group SpA's current ratio of last year was 1.78723731. ==> 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.

Stevanato Group SpA's number of shares in issue this year was 273.039. Stevanato Group SpA's number of shares in issue last year was 272.923. ==> 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
=357.41/1225.252
=0.29170326

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=321.075/1145.095
=0.28039158

Stevanato Group SpA's gross margin of this year was 0.29170326. Stevanato Group SpA's gross margin of last year was 0.28039158. ==> 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 (Jun25)
=1225.252/2351.276
=0.52110088

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1145.095/2197.053
=0.52119589

Stevanato Group SpA's asset turnover of this year was 0.52110088. Stevanato Group SpA's asset turnover of last year was 0.52119589. ==> 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+0+1+1+0+0+1+0
=5

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

Stevanato Group 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?
Stevanato Group SpA (STU:87N) has a Piotroski F-Score of 5 as of Sep. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Stevanato Group SpA and its competitors. This is near median its historical median of 5.00. Over the past decade, Stevanato Group SpA's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Stevanato Group SpA ranks #304 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 37.3%.
Is Stevanato Group SpA's Piotroski F-Score too high?
Stevanato Group SpA's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Stevanato Group SpA's value of 5 is 0% at this industry median. Based on the distribution chart, Stevanato Group SpA ranks #304 out of 815 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Stevanato Group SpA has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stevanato Group SpA's Piotroski F-Score compare to MMED and TFX?
According to the Medical Devices & Instruments industry distribution chart, Stevanato Group SpA ranks #304 out of 815 companies for Piotroski F-Score. This puts Stevanato Group SpA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Stevanato Group SpA's value of 5 is 0% at this benchmark. Historically, Stevanato Group SpA's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Stevanato Group 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 815 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. Stevanato Group 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 Stevanato Group SpA and its competitors. For the Medical Devices & Instruments 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. Stevanato Group SpA's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stevanato Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Stevanato Group SpA (STU:87N) is currently considered Modestly Undervalued. The stock's GF Value™ is €22.17, compared to a current price of €17.30 — trading 22% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Medical Devices & Instruments industry median of 5.00. Stevanato Group SpA's overall GF Score™ is 88/100 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 Stevanato Group SpA (STU:87N), the current Piotroski F-Score is 5 as of Sep. 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 Stevanato Group SpA (STU:87N) Overvalued in 2026?

Based on GuruFocus' analysis, Stevanato Group SpA stock appears to be undervalued. The current stock price of €17.30 is trading 22% below its estimated GF Value™ of €22.17. GuruFocus considers Stevanato Group SpA to be Modestly Undervalued.

Key valuation signals for STU:87N:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: €22.17 vs. price of €17.30 (22% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 0% at the Medical Devices & Instruments median (#304 of 815)

No single metric tells the full story. See the STU:87N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stevanato Group SpA Business Description

Other Exchanges STVN:USA
Address Via Molinella 17, Piombino Dese, Padua, ITA, 35017
Stevanato Group SpA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. It has two segments; Biopharmaceutical and Diagnostic Solutions which generates key revenue, includes all the products, processes and services developed and provided for the containment and delivery of pharmaceutical and biotechnology drugs and reagents, as well as the production of diagnostic consumables and its other segment is Engineering. Geographically, It derives its majority revenue from Europe, Middle East and Africa.
88GF Score

Get the complete analysis for STU:87N

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

€17.30
Price
€22.17
GF Value