Theon InternationalSTU:W8C -0.13%47 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates STU:W8C with a GF Score™ of 47/100. The stock has 3 warning signs investors should review. Among 320 Aerospace & Defense companies, Theon International ranks better than 53.12% 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
Theon International 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 Theon International's Piotroski F-Score or its related term are showing as below:
STU:W8C'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 5
Current: 5
During the past 6 years, the highest Piotroski F-Score of Theon International was 5. The lowest was 4. And the median was 4.
Theon International (STU:W8C) 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.
Theon International Piotroski F-Score Related Terms
Theon International Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Theon International'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.
STU:W8C vs SPCX, GE, RTX: Piotroski F-Score Comparison
For the Aerospace & Defense subindustry, Theon International'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.
Theon International Piotroski F-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Theon International's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Theon International'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.
*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.
Theon International's current Net Income (TTM) was 80.5.
==> 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.
Theon International's return on assets of this year was 0.20501739. Theon International's return on assets of last year was 0.32025309.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Theon International's gearing of this year was 0.2421188. Theon International's gearing of last year was 0.15689702.
==> 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
Theon International's current ratio of this year was 6.11884731. Theon International's current ratio of last year was 3.08215484.
==> 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.
Theon International's number of shares in issue this year was 69.782. Theon International's number of shares in issue last year was 71.941.
==> 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.
Theon International's gross margin of this year was 0.3264474. Theon International's gross margin of last year was 0.30993518.
==> 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
Theon International's asset turnover of this year was 1.12990941. Theon International's asset turnover of last year was 1.67377126.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Theon International has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Theon International (STU:W8C) 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 Theon International and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Theon International's Piotroski F-Score has ranged from 4.00 to 5.00. According to the industry distribution chart, Theon International ranks #150 out of 320 companies in the Aerospace & Defense industry, placing it in the top 46.9%.
Is Theon International's Piotroski F-Score too high?
Theon International's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 5.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Theon International's value of 5 is 0% at this industry median. Based on the distribution chart, Theon International ranks #150 out of 320 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Theon International has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Theon International's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Theon International ranks #150 out of 320 companies for Piotroski F-Score. This puts Theon International in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Theon International's value of 5 is 0% at this benchmark. Historically, Theon International's own Piotroski F-Score has ranged from 4.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Theon International 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 an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 320 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. Theon International'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 Theon International and its competitors. For the Aerospace & Defense 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. Theon International's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theon International stock overvalued right now?
Theon International (STU:W8C) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Aerospace & Defense industry median of 5.00. Theon International's overall GF Score™ is 47/100 with 3 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 Theon International (STU:W8C), 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.
Theon International PLC is a defense and security technology company specializing in electro-optical systems and integrated solutions for military and security applications. It develops and manufactures night vision and thermal imaging systems used by defense and security organizations. The company operates internationally through subsidiaries and production facilities across multiple regions. Its products are used by armed forces and security agencies in various countries. In addition to electro-optical systems, it develops integrated soldier systems, ISR optronics, and platform solutions for land and maritime environments.
47GF Score
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