Polytec Holding AG (WBO:PYT) Piotroski F-Score: 8 (As of Jul. 16, 2026) — 60% Above Median

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WBO:PYT Polytec Holding AG WBO:PYT
59 GF Score
Price €4.58
GF Value €3.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Polytec Holding AG Piotroski F-Score?

Polytec Holding AG WBO:PYT -2.35% 59 Piotroski F-Score is 8 as of Jul. 16, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates WBO:PYT with a GF Score™ of 59/100 and a GF Value™ of €3.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Polytec Holding AG ranks better than 97.74% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Polytec Holding AG has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

WBO:PYT' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Polytec Holding AG was 9. The lowest was 3. And the median was 5.

Polytec Holding AG  (WBO:PYT) 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.


Polytec Holding AG Piotroski F-Score Related Terms


Polytec Holding AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Polytec Holding AG'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.

Polytec Holding AG Piotroski F-Score Chart

Polytec Holding AG 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 5.00 6.00 6.00 8.00

Polytec Holding AG 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 5.00 5.00 6.00 8.00 8.00

WBO:PYT vs ORLY, AZO, GPC: Piotroski F-Score Comparison

For the Auto Parts subindustry, Polytec Holding AG'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.


Polytec Holding AG Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polytec Holding AG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Polytec Holding AG's Piotroski F-Score falls into.


WBO:PYT
59GF Score
Polytec Holding AG WBO:PYT
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 0.307 + 0.938 + 7.852 + 2.429 = €11.5 Mil.
Cash Flow from Operations was 28.592 + 6.85 + 40.037 + -10.226 = €65.3 Mil.
Revenue was 176.179 + 157.19 + 151.975 + 143.706 = €629.1 Mil.
Gross Profit was 85.325 + 78.056 + 80.101 + 73.102 = €316.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(505.973 + 501.044 + 487.388 + 476.022 + 457.456) / 5 = €485.5766 Mil.
Total Assets at the begining of this year (Mar25) was €506.0 Mil.
Long-Term Debt & Capital Lease Obligation was €62.4 Mil.
Total Current Assets was €212.7 Mil.
Total Current Liabilities was €150.0 Mil.
Net Income was -0.846 + -4.689 + -0.296 + 0.949 = €-4.9 Mil.

Revenue was 177.338 + 157.531 + 170.683 + 181.449 = €687.0 Mil.
Gross Profit was 86.554 + 76.016 + 79.305 + 83.031 = €324.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(538.186 + 531.48 + 532.24 + 507.488 + 505.973) / 5 = €523.0734 Mil.
Total Assets at the begining of last year (Mar24) was €538.2 Mil.
Long-Term Debt & Capital Lease Obligation was €87.1 Mil.
Total Current Assets was €234.3 Mil.
Total Current Liabilities was €184.6 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.

Polytec Holding AG's current Net Income (TTM) was 11.5. ==> 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.

Score 1 if positive, 0 if negative.

Polytec Holding AG's current Cash Flow from Operations (TTM) was 65.3. ==> 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)
=11.526/505.973
=0.02277987

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-4.882/538.186
=-0.00907121

Polytec Holding AG's return on assets of this year was 0.02277987. Polytec Holding AG's return on assets of last year was -0.00907121. ==> 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.

Polytec Holding AG's current Net Income (TTM) was 11.5. Polytec Holding AG's current Cash Flow from Operations (TTM) was 65.3. ==> 65.3 > 11.5 ==> 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
=62.415/485.5766
=0.12853791

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=87.146/523.0734
=0.16660377

Polytec Holding AG's gearing of this year was 0.12853791. Polytec Holding AG's gearing of last year was 0.16660377. ==> 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
=212.708/150.007
=1.41798716

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=234.318/184.628
=1.26913578

Polytec Holding AG's current ratio of this year was 1.41798716. Polytec Holding AG's current ratio of last year was 1.26913578. ==> 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.

Polytec Holding AG's number of shares in issue this year was 22.082. Polytec Holding AG's number of shares in issue last year was 23.725. ==> 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
=316.584/629.05
=0.50327319

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=324.906/687.001
=0.47293381

Polytec Holding AG's gross margin of this year was 0.50327319. Polytec Holding AG's gross margin of last year was 0.47293381. ==> 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)
=629.05/505.973
=1.24324816

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=687.001/538.186
=1.27651221

Polytec Holding AG's asset turnover of this year was 1.24324816. Polytec Holding AG's asset turnover of last year was 1.27651221. ==> 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+1+1+1+1+1+1+0
=8

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

Polytec Holding AG has an F-score of 8. 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 8 mean?
Polytec Holding AG (WBO:PYT) has a Piotroski F-Score of 8 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Polytec Holding AG and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Polytec Holding AG's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Polytec Holding AG ranks #29 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is Polytec Holding AG's Piotroski F-Score too high?
Polytec Holding AG's current Piotroski F-Score of 8 is 60% 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 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Polytec Holding AG's value of 8 is 60% above this industry median. Based on the distribution chart, Polytec Holding AG ranks #29 out of 1285 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Polytec Holding AG has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polytec Holding AG's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Polytec Holding AG ranks #29 out of 1285 companies for Piotroski F-Score. This places Polytec Holding AG in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Polytec Holding AG's value of 8 is 60% above this benchmark. Historically, Polytec Holding AG'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 5.00 vs. the industry median of 5.00, Polytec Holding AG 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,285 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. Polytec Holding AG's current Piotroski F-Score of 8 is 60% 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 Polytec Holding AG and its competitors. For the Vehicles & Parts 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. Polytec Holding AG's current Piotroski F-Score is 8, which is 60% 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 Polytec Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Polytec Holding AG (WBO:PYT) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.07, compared to a current price of €4.58 — trading 49.2% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Vehicles & Parts industry median of 5.00. Polytec Holding AG's overall GF Score™ is 59/100 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 Polytec Holding AG (WBO:PYT), the current Piotroski F-Score is 8 as of Jul. 16, 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 Polytec Holding AG (WBO:PYT) Overvalued in 2026?

Based on GuruFocus' analysis, Polytec Holding AG stock appears to be overvalued. The current stock price of €4.58 is trading 49.2% above its estimated GF Value™ of €3.07. GuruFocus considers Polytec Holding AG to be Significantly Overvalued.

Key valuation signals for WBO:PYT:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: €3.07 vs. price of €4.58 (49.2% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 60% above the Vehicles & Parts median (#29 of 1285)

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


Polytec Holding AG Business Description

Other Exchanges 0GOX:UKP4N:Germany
Address Polytec-Strasse 1, Hoersching, AUT, 4063
Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.
59GF Score

Get the complete analysis for WBO:PYT

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

€4.58
Price
€3.07
GF Value