Inficon Holding AG (STU:IFZ0) Piotroski F-Score: 5 (As of Jun. 29, 2026) — 17% Below Median


STU:IFZ0 Inficon Holding AG STU:IFZ0
90 GF Score
Price €185.40
GF Value €114.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Inficon Holding AG Piotroski F-Score?

Inficon Holding AG STU:IFZ0 -2.11% 90 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates STU:IFZ0 with a GF Score™ of 90/100 and a GF Value™ of €114.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,432 Hardware companies, Inficon Holding AG ranks better than 59.62% 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

Inficon Holding AG 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 Inficon Holding AG's Piotroski F-Score or its related term are showing as below:

STU:IFZ0' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Inficon Holding AG was 7. The lowest was 3. And the median was 6.

Inficon Holding AG  (STU:IFZ0) 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.


Inficon Holding AG Piotroski F-Score Related Terms


Inficon Holding AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Inficon Holding AG'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.

Inficon Holding AG Piotroski F-Score Chart

Inficon Holding AG 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 3.00 7.00 6.00 5.00

Inficon Holding AG Semi-Annual Data
Jun16 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 Premium Member Only 7.00 0.00 6.00 0.00 5.00

STU:IFZ0 vs COHR, KEYS, GRMN: Piotroski F-Score Comparison

For the Scientific & Technical Instruments subindustry, Inficon Holding AG'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.


Inficon Holding AG Piotroski F-Score vs Hardware Industry

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

* The bar in red indicates where Inficon Holding AG's Piotroski F-Score falls into.


STU:IFZ0
90GF Score
Inficon Holding AG STU:IFZ0
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 €73.3 Mil.
Cash Flow from Operations was €76.5 Mil.
Revenue was €575.4 Mil.
Gross Profit was €258.3 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (504.226 + 491.322) / 2 = €497.774 Mil.
Total Assets at the begining of this year (Dec24) was €504.2 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €346.1 Mil.
Total Current Liabilities was €117.8 Mil.
Net Income was €107.7 Mil.

Revenue was €640.8 Mil.
Gross Profit was €302.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (476.373 + 504.226) / 2 = €490.2995 Mil.
Total Assets at the begining of last year (Dec23) was €476.4 Mil.
Long-Term Debt & Capital Lease Obligation was €0.0 Mil.
Total Current Assets was €352.7 Mil.
Total Current Liabilities was €127.9 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.

Inficon Holding AG's current Net Income (TTM) was 73.3. ==> 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.

Inficon Holding AG's current Cash Flow from Operations (TTM) was 76.5. ==> 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)
=73.287/504.226
=0.14534554

ROA (Last Year)=Net Income/Total Assets (Dec23)
=107.679/476.373
=0.22603926

Inficon Holding AG's return on assets of this year was 0.14534554. Inficon Holding AG's return on assets of last year was 0.22603926. ==> 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.

Inficon Holding AG's current Net Income (TTM) was 73.3. Inficon Holding AG's current Cash Flow from Operations (TTM) was 76.5. ==> 76.5 > 73.3 ==> 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
=0/497.774
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/490.2995
=0

Inficon Holding AG's gearing of this year was 0. Inficon Holding AG's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=346.082/117.803
=2.93780294

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=352.704/127.922
=2.75718016

Inficon Holding AG's current ratio of this year was 2.93780294. Inficon Holding AG's current ratio of last year was 2.75718016. ==> 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.

Inficon Holding AG's number of shares in issue this year was 24.445. Inficon Holding AG's number of shares in issue last year was 24.443. ==> 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
=258.302/575.353
=0.44894526

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=302.037/640.761
=0.47137232

Inficon Holding AG's gross margin of this year was 0.44894526. Inficon Holding AG's gross margin of last year was 0.47137232. ==> 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 (Dec24)
=575.353/504.226
=1.14106175

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=640.761/476.373
=1.34508253

Inficon Holding AG's asset turnover of this year was 1.14106175. Inficon Holding AG's asset turnover of last year was 1.34508253. ==> 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+1+0+0+0
=5

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

Inficon Holding AG 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?
Inficon Holding AG (STU:IFZ0) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Inficon Holding AG and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Inficon Holding AG's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Inficon Holding AG ranks #982 out of 2432 companies in the Hardware industry, placing it in the top 40.4%.
Is Inficon Holding AG's Piotroski F-Score too high?
Inficon Holding AG'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 Hardware industry median Piotroski F-Score is 5.00. Inficon Holding AG's value of 5 is 0% at this industry median. Based on the distribution chart, Inficon Holding AG ranks #982 out of 2432 companies in the Hardware industry, which is above the industry midpoint. Overall, Inficon Holding AG has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inficon Holding AG's Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Inficon Holding AG ranks #982 out of 2432 companies for Piotroski F-Score. This puts Inficon Holding AG in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Inficon Holding AG's value of 5 is 0% at this benchmark. Historically, Inficon Holding AG'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, Inficon Holding AG 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 2,432 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. Inficon Holding AG'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 Inficon Holding AG 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. Inficon Holding AG'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 Inficon Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Inficon Holding AG (STU:IFZ0) is currently considered Significantly Overvalued. The stock's GF Value™ is €114.09, compared to a current price of €185.40 — trading 62.5% above 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 Hardware industry median of 5.00. Inficon Holding AG's overall GF Score™ is 90/100 with 8 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 Inficon Holding AG (STU:IFZ0), the current Piotroski F-Score is 5 as of Jun. 29, 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 Inficon Holding AG (STU:IFZ0) Overvalued in 2026?

Based on GuruFocus' analysis, Inficon Holding AG stock appears to be overvalued. The current stock price of €185.40 is trading 62.5% above its estimated GF Value™ of €114.09. GuruFocus considers Inficon Holding AG to be Significantly Overvalued.

Key valuation signals for STU:IFZ0:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: €114.09 vs. price of €185.40 (62.5% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 0% at the Hardware median (#982 of 2432)

No single metric tells the full story. See the STU:IFZ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inficon Holding AG Business Description

Address Hintergasse 15 B, Bad Ragaz, CHE, 7310
Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, the manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges, which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. China drives maximum product sales, with the rest from Asia-Pacific, Europe, North America, and other regions.
90GF Score

Get the complete analysis for STU:IFZ0

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

€185.40
Price
€114.09
GF Value