Akamai Technologies (WBO:AKAM) Piotroski F-Score: 4 (As of Aug. 14, 2026) — 33% Below Median

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WBO:AKAM Akamai Technologies Inc WBO:AKAM
77 GF Score
Price €107.90
GF Value €95.82
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Akamai Technologies Piotroski F-Score?

Akamai Technologies WBO:AKAM -0.41% 77 Piotroski F-Score is 4 as of Aug. 14, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates WBO:AKAM with a GF Score™ of 77/100 and a GF Value™ of €95.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,725 Software companies, Akamai Technologies ranks worse than 59.93% 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

Akamai Technologies 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 Akamai Technologies's Piotroski F-Score or its related term are showing as below:

WBO:AKAM' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Akamai Technologies was 8. The lowest was 4. And the median was 6.

Akamai Technologies  (WBO:AKAM) 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.


Akamai Technologies Piotroski F-Score Related Terms


Akamai Technologies Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Akamai Technologies'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.

Akamai Technologies Piotroski F-Score Chart

Akamai Technologies 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 4.00 6.00 5.00 6.00

Akamai Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.00 5.00 6.00 6.00 4.00

WBO:AKAM vs TOST, GEN, RBRK: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies Piotroski F-Score vs Software Industry

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

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


WBO:AKAM
77GF Score
Akamai Technologies Inc WBO:AKAM
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 119.425 + 72.651 + 91.966 + 68.923 = €353 Mil.
Cash Flow from Operations was 376.441 + 313.063 + 270.319 + 283.199 = €1,243 Mil.
Revenue was 898.545 + 935.055 + 928.673 + 954.524 = €3,717 Mil.
Gross Profit was 532.583 + 548.619 + 520.999 + 532.735 = €2,135 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(9134.829 + 9229.949 + 9803.615 + 10073.575 + 13083.729) / 5 = €10265.1394 Mil.
Total Assets at the begining of this year (Jun25) was €9,135 Mil.
Long-Term Debt & Capital Lease Obligation was €6,304 Mil.
Total Current Assets was €4,036 Mil.
Total Current Liabilities was €2,466 Mil.
Net Income was 52.174 + 133.609 + 113.933 + 89.837 = €390 Mil.

Revenue was 905.216 + 974.042 + 939.004 + 904.709 = €3,723 Mil.
Gross Profit was 536.882 + 578.332 + 551.479 + 534.903 = €2,202 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(9371.317 + 9181.602 + 9902.19 + 9233.526 + 9134.829) / 5 = €9364.6928 Mil.
Total Assets at the begining of last year (Jun24) was €9,371 Mil.
Long-Term Debt & Capital Lease Obligation was €4,335 Mil.
Total Current Assets was €1,763 Mil.
Total Current Liabilities was €763 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.

Akamai Technologies's current Net Income (TTM) was 353. ==> 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.

Akamai Technologies's current Cash Flow from Operations (TTM) was 1,243. ==> 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 (Jun25)
=352.965/9134.829
=0.03863948

ROA (Last Year)=Net Income/Total Assets (Jun24)
=389.553/9371.317
=0.04156865

Akamai Technologies's return on assets of this year was 0.03863948. Akamai Technologies's return on assets of last year was 0.04156865. ==> 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.

Akamai Technologies's current Net Income (TTM) was 353. Akamai Technologies's current Cash Flow from Operations (TTM) was 1,243. ==> 1,243 > 353 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=6304.251/10265.1394
=0.61414178

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=4334.666/9364.6928
=0.46287327

Akamai Technologies's gearing of this year was 0.61414178. Akamai Technologies's gearing of last year was 0.46287327. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=4036.275/2466.178
=1.63665194

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1763.328/763.41
=2.30980469

Akamai Technologies's current ratio of this year was 1.63665194. Akamai Technologies's current ratio of last year was 2.30980469. ==> 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.

Akamai Technologies's number of shares in issue this year was 153.686. Akamai Technologies's number of shares in issue last year was 145.249. ==> 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
=2134.936/3716.797
=0.5744021

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2201.596/3722.971
=0.59135459

Akamai Technologies's gross margin of this year was 0.5744021. Akamai Technologies's gross margin of last year was 0.59135459. ==> 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 (Jun25)
=3716.797/9134.829
=0.40688195

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=3722.971/9371.317
=0.39727298

Akamai Technologies's asset turnover of this year was 0.40688195. Akamai Technologies's asset turnover of last year was 0.39727298. ==> 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+0+1+0+0+0+0+1
=4

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

Akamai Technologies 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?
Akamai Technologies (WBO:AKAM) has a Piotroski F-Score of 4 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Akamai Technologies and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Akamai Technologies' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Akamai Technologies ranks #1633 out of 2725 companies in the Software industry, placing it in the top 59.9%.
Is Akamai Technologies' Piotroski F-Score too high?
Akamai Technologies' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Akamai Technologies' value of 4 is 20% below this industry median. Based on the distribution chart, Akamai Technologies ranks #1633 out of 2725 companies in the Software industry, which is below the industry midpoint. Overall, Akamai Technologies has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akamai Technologies' Piotroski F-Score compare to TOST and GEN?
According to the Software industry distribution chart, Akamai Technologies ranks #1633 out of 2725 companies for Piotroski F-Score. This places Akamai Technologies in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Akamai Technologies' value of 4 is 20% below this benchmark. Historically, Akamai Technologies' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Akamai Technologies 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 2,725 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. Akamai Technologies'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 Akamai Technologies 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. Akamai Technologies's current Piotroski F-Score is 4, which is 33% 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 Akamai Technologies stock overvalued right now?
Based on GuruFocus' analysis, Akamai Technologies (WBO:AKAM) is currently considered Modestly Overvalued. The stock's GF Value™ is €95.82, compared to a current price of €107.90 — trading 12.6% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Software industry median of 5.00. Akamai Technologies' overall GF Score™ is 77/100 with 5 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 Akamai Technologies (WBO:AKAM), the current Piotroski F-Score is 4 as of Aug. 14, 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 Akamai Technologies (WBO:AKAM) Overvalued in 2026?

Based on GuruFocus' analysis, Akamai Technologies stock appears to be overvalued. The current stock price of €107.90 is trading 12.6% above its estimated GF Value™ of €95.82. GuruFocus considers Akamai Technologies to be Modestly Overvalued.

Key valuation signals for WBO:AKAM:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: €95.82 vs. price of €107.90 (12.6% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 20% below the Software median (#1633 of 2725)

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


Akamai Technologies Business Description

Address 145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, in which customers store content on distributed servers to deliver it to their own customers more quickly. Akamai has over 350,000 servers distributed over 4,350 points of presence in more than 700 cities globally. This network supports upward of 20% of global internet traffic, generating massive amounts of data. Using data generated by the delivery network, the firm offers cybersecurity products and cloud computing services, ranging from API security to zero-trust enterprise access, which has surpassed the delivery network in revenue and importance. As of 2026, the primary focus has shifted to offering computing hardware as a service, with an emphasis on serving large language model providers such as Anthropic.
77GF Score

Get the complete analysis for WBO:AKAM

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

€107.90
Price
€95.82
GF Value