TMVWY (TeamViewer SE) Piotroski F-Score: 4 (As of Jun. 26, 2026) — 43% Below Median


TMVWY TeamViewer SE TMVWY
64 GF Score
Price $3.00
GF Value $8.06
Valuation Possible Value Trap
! 3 Warning Signs
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What is TeamViewer SE Piotroski F-Score?

TeamViewer SE TMVWY 64 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates TMVWY with a GF Score™ of 64/100 and a GF Value™ of $8.06 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,743 Software companies, TeamViewer SE ranks worse than 60.04% 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

TeamViewer SE has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

TMVWY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 4

During the past 11 years, the highest Piotroski F-Score of TeamViewer SE was 9. The lowest was 4. And the median was 7.

TeamViewer SE  (OTCPK:TMVWY) 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.


TeamViewer SE Piotroski F-Score Related Terms


TeamViewer SE Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for TeamViewer SE'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.

TeamViewer SE Piotroski F-Score Chart

TeamViewer SE 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 4.00 5.00 8.00 8.00 5.00

TeamViewer SE 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 9.00 7.00 8.00 5.00 4.00

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

For the Software - Application subindustry, TeamViewer SE'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.


TeamViewer SE Piotroski F-Score vs Software Industry

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

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


TMVWY
64GF Score
TeamViewer SE TMVWY
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 26.084 + 33.627 + 43.739 + 39.527 = $143.0 Mil.
Cash Flow from Operations was 83.23 + 39.933 + 103.708 + 48.232 = $275.1 Mil.
Revenue was 214.105 + 222.399 + 225.888 + 211.755 = $874.1 Mil.
Gross Profit was 185.638 + 192.935 + 194.389 + 183.541 = $756.5 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2016.462 + 1974.202 + 1957.012 + 1962.276 + 1931.125) / 5 = $1968.2154 Mil.
Total Assets at the begining of this year (Mar25) was $2,016.5 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $133.3 Mil.
Total Current Liabilities was $734.2 Mil.
Net Income was 28.577 + 43.841 + 36.327 + 32.032 = $140.8 Mil.

Revenue was 176.659 + 187.215 + 185.31 + 193.246 = $742.4 Mil.
Gross Profit was 151.459 + 167.911 + 166.521 + 166.741 = $652.6 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1151.28 + 1132.856 + 1134.578 + 1120.776 + 2016.462) / 5 = $1311.1904 Mil.
Total Assets at the begining of last year (Mar24) was $1,151.3 Mil.
Long-Term Debt & Capital Lease Obligation was $0.0 Mil.
Total Current Assets was $242.9 Mil.
Total Current Liabilities was $1,020.2 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.

TeamViewer SE's current Net Income (TTM) was 143.0. ==> 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.

TeamViewer SE's current Cash Flow from Operations (TTM) was 275.1. ==> 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)
=142.977/2016.462
=0.07090488

ROA (Last Year)=Net Income/Total Assets (Mar24)
=140.777/1151.28
=0.12227868

TeamViewer SE's return on assets of this year was 0.07090488. TeamViewer SE's return on assets of last year was 0.12227868. ==> 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.

TeamViewer SE's current Net Income (TTM) was 143.0. TeamViewer SE's current Cash Flow from Operations (TTM) was 275.1. ==> 275.1 > 143.0 ==> 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
=0/1968.2154
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1311.1904
=0

TeamViewer SE's gearing of this year was 0. TeamViewer SE'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: Mar26)=Total Current Assets/Total Current Liabilities
=133.306/734.184
=0.18157029

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=242.939/1020.162
=0.23813767

TeamViewer SE's current ratio of this year was 0.18157029. TeamViewer SE's current ratio of last year was 0.23813767. ==> 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.

TeamViewer SE's number of shares in issue this year was 316.022. TeamViewer SE's number of shares in issue last year was 315.73. ==> 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
=756.503/874.147
=0.86541852

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=652.632/742.43
=0.87904853

TeamViewer SE's gross margin of this year was 0.86541852. TeamViewer SE's gross margin of last year was 0.87904853. ==> 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 (Mar25)
=874.147/2016.462
=0.43350532

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=742.43/1151.28
=0.64487353

TeamViewer SE's asset turnover of this year was 0.43350532. TeamViewer SE's asset turnover of last year was 0.64487353. ==> 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+0+0
=4

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

TeamViewer SE has an F-score of 4 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 4 mean?
TeamViewer SE (TMVWY) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TeamViewer SE and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, TeamViewer SE's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, TeamViewer SE ranks #1647 out of 2743 companies in the Software industry, placing it in the top 60%.
Is TeamViewer SE's Piotroski F-Score too high?
TeamViewer SE's current Piotroski F-Score of 4 is 43% below 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 9.00. The Software industry median Piotroski F-Score is 5.00. TeamViewer SE's value of 4 is 20% below this industry median. Based on the distribution chart, TeamViewer SE ranks #1647 out of 2743 companies in the Software industry, which is below the industry midpoint. Overall, TeamViewer SE has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamViewer SE's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, TeamViewer SE ranks #1647 out of 2743 companies for Piotroski F-Score. This places TeamViewer SE in the lower half of its industry. The industry median Piotroski F-Score is 5.00. TeamViewer SE's value of 4 is 20% below this benchmark. Historically, TeamViewer SE's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, TeamViewer SE has consistently been below 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. TeamViewer SE's current Piotroski F-Score of 4 is 20% below 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 TeamViewer SE 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. TeamViewer SE's current Piotroski F-Score is 4, which is 43% below 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 TeamViewer SE stock overvalued right now?
Based on GuruFocus' analysis, TeamViewer SE (TMVWY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.06, compared to a current price of $3.00 — trading 62.8% below its estimated fair value. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Software industry median of 5.00. TeamViewer SE's overall GF Score™ is 64/100 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 TeamViewer SE (TMVWY), the current Piotroski F-Score is 4 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 TeamViewer SE (TMVWY) Overvalued in 2026?

Based on GuruFocus' analysis, TeamViewer SE stock appears to be undervalued. The current stock price of $3.00 is trading 62.8% below its estimated GF Value™ of $8.06. GuruFocus considers TeamViewer SE to be Possible Value Trap.

Key valuation signals for TMVWY:

  • Piotroski F-Score: 4 (43% below median its 10-year median of 7.00)
  • GF Value™: $8.06 vs. price of $3.00 (62.8% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 20% below the Software median (#1647 of 2743)

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


TeamViewer SE Business Description

Address Bahnhofsplatz 2, Goppingen, BW, DEU, 73033
TeamViewer is a German software company specializing in remote connectivity solutions. Its products enable secure remote access, control, management, and support to any device. Common use cases include remote IT support, after-sales service, and vision picking. The company's offerings extend to the Internet of Things and augmented reality. TeamViewer customers are mainly small and medium-size businesses, but it also has a growing number of enterprise customers.
64GF Score

Get the complete analysis for TMVWY

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

$3.00
Price
$8.06
GF Value