TMOAF (TomTom NV) Piotroski F-Score: 9 (As of Jun. 26, 2026) — 50% Above Median


TMOAF TomTom NV TMOAF
66 GF Score
Price $7.24
GF Value $7.71
! 3 Warning Signs
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What is TomTom NV Piotroski F-Score?

TomTom NV TMOAF 66 Piotroski F-Score is 9 as of Jun. 26, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates TMOAF with a GF Score™ of 66/100 and a GF Value™ of $7.71. The stock has 3 warning signs investors should review. Among 2,743 Software companies, TomTom NV ranks better than 99.96% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

TomTom NV has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for TomTom NV's Piotroski F-Score or its related term are showing as below:

TMOAF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of TomTom NV was 9. The lowest was 3. And the median was 6.

TomTom NV  (OTCPK:TMOAF) 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.


TomTom NV Piotroski F-Score Related Terms


TomTom NV Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for TomTom NV'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.

TomTom NV Piotroski F-Score Chart

TomTom NV 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 6.00 3.00 7.00 7.00 6.00

TomTom NV 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 7.00 5.00 6.00 6.00 9.00

TMOAF vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, TomTom NV'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.


TomTom NV Piotroski F-Score vs Software Industry

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

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


TMOAF
66GF Score
TomTom NV TMOAF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -27.257 + 10.678 + 6 + 15.797 = $5.2 Mil.
Cash Flow from Operations was 25.69 + 12.185 + 9.958 + 10.871 = $58.7 Mil.
Revenue was 168.625 + 160.662 + 153.633 + 149.312 = $632.2 Mil.
Gross Profit was 147.992 + 143.325 + 136.971 + 134.614 = $562.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(780.391 + 813.789 + 819.637 + 838.628 + 821.421) / 5 = $814.7732 Mil.
Total Assets at the begining of this year (Mar25) was $780.4 Mil.
Long-Term Debt & Capital Lease Obligation was $35.1 Mil.
Total Current Assets was $452.2 Mil.
Total Current Liabilities was $247.1 Mil.
Net Income was -2.489 + -4.86 + -5.996 + 3.258 = $-10.1 Mil.

Revenue was 163.809 + 156.137 + 148.941 + 151.788 = $620.7 Mil.
Gross Profit was 130.298 + 135.154 + 130.214 + 133.149 = $528.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(838.076 + 781.851 + 791.98 + 758.553 + 780.391) / 5 = $790.1702 Mil.
Total Assets at the begining of last year (Mar24) was $838.1 Mil.
Long-Term Debt & Capital Lease Obligation was $34.7 Mil.
Total Current Assets was $465.2 Mil.
Total Current Liabilities was $263.6 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.

TomTom NV's current Net Income (TTM) was 5.2. ==> 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.

TomTom NV's current Cash Flow from Operations (TTM) was 58.7. ==> 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)
=5.218/780.391
=0.00668639

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-10.087/838.076
=-0.0120359

TomTom NV's return on assets of this year was 0.00668639. TomTom NV's return on assets of last year was -0.0120359. ==> 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.

TomTom NV's current Net Income (TTM) was 5.2. TomTom NV's current Cash Flow from Operations (TTM) was 58.7. ==> 58.7 > 5.2 ==> 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
=35.071/814.7732
=0.04304388

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=34.662/790.1702
=0.0438665

TomTom NV's gearing of this year was 0.04304388. TomTom NV's gearing of last year was 0.0438665. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=452.214/247.116
=1.82996649

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=465.177/263.575
=1.76487527

TomTom NV's current ratio of this year was 1.82996649. TomTom NV's current ratio of last year was 1.76487527. ==> 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.

TomTom NV's number of shares in issue this year was 124.218. TomTom NV's number of shares in issue last year was 150.7. ==> 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
=562.902/632.232
=0.89034089

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=528.815/620.675
=0.85199984

TomTom NV's gross margin of this year was 0.89034089. TomTom NV's gross margin of last year was 0.85199984. ==> 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 (Mar25)
=632.232/780.391
=0.81014773

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=620.675/838.076
=0.74059513

TomTom NV's asset turnover of this year was 0.81014773. TomTom NV's asset turnover of last year was 0.74059513. ==> 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+1+1+1+1+1
=9

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

TomTom NV has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 9 mean?
TomTom NV (TMOAF) has a Piotroski F-Score of 9 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TomTom NV and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, TomTom NV's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, TomTom NV ranks #1 out of 2743 companies in the Software industry, placing it in the top 0%.
Is TomTom NV's Piotroski F-Score too high?
TomTom NV's current Piotroski F-Score of 9 is 50% above 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 9.00. The Software industry median Piotroski F-Score is 5.00. TomTom NV's value of 9 is 80% above this industry median. Based on the distribution chart, TomTom NV ranks #1 out of 2743 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TomTom NV has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does TomTom NV's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, TomTom NV ranks #1 out of 2743 companies for Piotroski F-Score. This places TomTom NV in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TomTom NV's value of 9 is 80% above this benchmark. Historically, TomTom NV's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, TomTom NV 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. TomTom NV's current Piotroski F-Score of 9 is 80% 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 TomTom NV 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. TomTom NV's current Piotroski F-Score is 9, which is 50% above 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 TomTom NV stock overvalued right now?
TomTom NV (TMOAF) has a current Piotroski F-Score of 9. The stock's GF Value™ is $7.71, compared to a current price of $7.24 — trading 6.2% below its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Software industry median of 5.00. TomTom NV's overall GF Score™ is 66/100 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 TomTom NV (TMOAF), the current Piotroski F-Score is 9 as of Jun. 26, 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 TomTom NV (TMOAF) Overvalued in 2026?

Based on GuruFocus' analysis, TomTom NV stock appears to be undervalued. The current stock price of $7.24 is trading 6.2% below its estimated GF Value™ of $7.71.

Key valuation signals for TMOAF:

  • Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
  • GF Value™: $7.71 vs. price of $7.24 (6.2% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 80% above the Software median (#1 of 2743)

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


TomTom NV Business Description

Address De Ruijterkade 154, Amsterdam, NLD, 1011 AC
TomTom NV is a software company specializing in developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments: Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from the Location Technology Segment.
66GF Score

Get the complete analysis for TMOAF

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

$7.24
Price
$7.71
GF Value