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CrowdStrike HoldingsTSX:CRWD +19.65%54 Piotroski F-Score is 6 as of Aug. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSX:CRWD with a GF Score™ of 54/100 and a GF Value™ of C$41.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,744 Software companies, CrowdStrike Holdings ranks better than 60.79% 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
CrowdStrike Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for CrowdStrike Holdings's Piotroski F-Score or its related term are showing as below:
TSX:CRWD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 6
During the past 10 years, the highest Piotroski F-Score of CrowdStrike Holdings was 8. The lowest was 3. And the median was 5.
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.
CrowdStrike Holdings Piotroski F-Score Related Terms
CrowdStrike Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for CrowdStrike Holdings'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.
TSX:CRWD vs FTNT, PANW, NET: Piotroski F-Score Comparison
For the Software - Infrastructure subindustry, CrowdStrike Holdings'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.
CrowdStrike Holdings Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, CrowdStrike Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where CrowdStrike Holdings'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.
This Year (Jul26) TTM:
Last Year (Jul25) TTM:
Net Income was -47.555 + 81.768 + 38.2 + 7.484 = C$80 Mil. Cash Flow from Operations was 556.08 + 685.615 + 812.775 + 747.943 = C$2,802 Mil. Revenue was 1726.461 + 1797.632 + 1905.794 + 2074.7 = C$7,505 Mil. Gross Profit was 1295.903 + 1368.393 + 1435.026 + 1547.17 = C$5,646 Mil.
Average Total Assets from the begining of this year (Jul25)
to the end of this year (Jul26) was
(12717.377 + 13939.527 + 15267.473 + 15500.896 + 16961.264) / 5 = C$14877.3074 Mil. Total Assets at the begining of this year (Jul25) was C$12,717 Mil. Long-Term Debt & Capital Lease Obligation was C$1,126 Mil. Total Current Assets was C$9,810 Mil. Total Current Liabilities was C$6,248 Mil.
Net Income was -23.142 + -126.986 + -145.771 + -96.046 = C$-392 Mil.
Revenue was 1389.702 + 1523.13 + 1542.711 + 1600.412 = C$6,056 Mil. Gross Profit was 1038.779 + 1130.77 + 1140.233 + 1177.975 = C$4,488 Mil.
Average Total Assets from the begining of last year (Jul24)
to the end of last year (Jul25) was
(9877.473 + 10707.015 + 12520.701 + 12191.938 + 12717.377) / 5 = C$11602.9008 Mil. Total Assets at the begining of last year (Jul24) was C$9,877 Mil. Long-Term Debt & Capital Lease Obligation was C$1,092 Mil. Total Current Assets was C$8,946 Mil. Total Current Liabilities was C$4,759 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.
CrowdStrike Holdings's current Net Income (TTM) was 80.
==> 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.
CrowdStrike Holdings's return on assets of this year was 0.00628251. CrowdStrike Holdings's return on assets of last year was -0.0396807.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
CrowdStrike Holdings's gearing of this year was 0.07566806. CrowdStrike Holdings's gearing of last year was 0.09412189.
==> 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
CrowdStrike Holdings's current ratio of this year was 1.57012824. CrowdStrike Holdings's current ratio of last year was 1.87988208.
==> 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.
CrowdStrike Holdings's number of shares in issue this year was 4756.256. CrowdStrike Holdings's number of shares in issue last year was 4552.088.
==> 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.
CrowdStrike Holdings's gross margin of this year was 0.75240543. CrowdStrike Holdings's gross margin of last year was 0.7410486.
==> 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
CrowdStrike Holdings's asset turnover of this year was 0.59010494. CrowdStrike Holdings's asset turnover of last year was 0.61310773.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
CrowdStrike Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
CrowdStrike Holdings (TSX:CRWD) has a Piotroski F-Score of 6 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CrowdStrike Holdings and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, CrowdStrike Holdings' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, CrowdStrike Holdings ranks #1076 out of 2744 companies in the Software industry, placing it in the top 39.2%.
Is CrowdStrike Holdings' Piotroski F-Score too high?
CrowdStrike Holdings' current Piotroski F-Score of 6 is 20% above 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 Software industry median Piotroski F-Score is 5.00. CrowdStrike Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, CrowdStrike Holdings ranks #1076 out of 2744 companies in the Software industry, which is above the industry midpoint. Overall, CrowdStrike Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CrowdStrike Holdings' Piotroski F-Score compare to FTNT and PANW?
According to the Software industry distribution chart, CrowdStrike Holdings ranks #1076 out of 2744 companies for Piotroski F-Score. This puts CrowdStrike Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. CrowdStrike Holdings' value of 6 is 20% above this benchmark. Historically, CrowdStrike Holdings' 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, CrowdStrike Holdings 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 2,744 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. CrowdStrike Holdings's current Piotroski F-Score of 6 is 20% 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 CrowdStrike Holdings 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. CrowdStrike Holdings's current Piotroski F-Score is 6, which is 20% above 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 CrowdStrike Holdings stock overvalued right now?
Based on GuruFocus' analysis, CrowdStrike Holdings (TSX:CRWD) is currently considered Significantly Overvalued. The stock's GF Value™ is C$41.69, compared to a current price of C$70.68 — trading 69.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Software industry median of 5.00. CrowdStrike Holdings' overall GF Score™ is 54/100 with 7 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 CrowdStrike Holdings (TSX:CRWD), the current Piotroski F-Score is 6 as of Aug. 28, 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 CrowdStrike Holdings (TSX:CRWD) Overvalued in 2026?
Based on GuruFocus' analysis, CrowdStrike Holdings stock appears to be overvalued.
The current stock price of C$70.68 is trading 69.5% above its estimated GF Value™ of C$41.69.
GuruFocus considers CrowdStrike Holdings to be Significantly Overvalued.
Key valuation signals for TSX:CRWD:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: C$41.69 vs. price of C$70.68 (69.5% above fair value)
Industry Position: 20% above the Software median (#1076 of 2744)
No single metric tells the full story. See the TSX:CRWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.
54GF Score
Get the complete analysis for TSX:CRWD
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