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Waton FinancialWTF -2.15%13 Piotroski F-Score is 4 as of Sep. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates WTF with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 784 Capital Markets companies, Waton Financial ranks worse than 57.53% 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
Waton Financial 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 Waton Financial's Piotroski F-Score or its related term are showing as below:
WTF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 4
Current: 4
During the past 5 years, the highest Piotroski F-Score of Waton Financial was 4. The lowest was 2. And the median was 4.
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.
Waton Financial Piotroski F-Score Related Terms
Waton Financial Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Waton Financial'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.
WTF vs CURN, NAKA, BMHL: Piotroski F-Score Comparison
For the Capital Markets subindustry, Waton Financial'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.
Waton Financial Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Waton Financial's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Waton Financial'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.
*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.
Waton Financial's current Net Income (TTM) was -15.15.
==> Negative ==> Score 0.
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.
Waton Financial's return on assets of this year was -0.49316495. Waton Financial's return on assets of last year was -0.36617305.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Waton Financial's gearing of this year was 0.01072838. Waton Financial's gearing of last year was 0.00097779.
==> 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
Waton Financial's current ratio of this year was 1.5441892. Waton Financial's current ratio of last year was 1.41347763.
==> 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.
Waton Financial's number of shares in issue this year was 48.224. Waton Financial's number of shares in issue last year was 48.237.
==> 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.
Waton Financial's gross margin of this year was 0.22313453. Waton Financial's gross margin of last year was 0.40319549.
==> 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
Waton Financial's asset turnover of this year was 0.36072777. Waton Financial's asset turnover of last year was 0.22787908.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Waton Financial has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Waton Financial (WTF) has a Piotroski F-Score of 4 as of Sep. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Waton Financial and its competitors. This is near median its historical median of 4.00. Over the past decade, Waton Financial's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Waton Financial ranks #451 out of 784 companies in the Capital Markets industry, placing it in the top 57.5%.
Is Waton Financial's Piotroski F-Score too high?
Waton Financial's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Capital Markets industry median Piotroski F-Score is 5.00. Waton Financial's value of 4 is 20% below this industry median. Based on the distribution chart, Waton Financial ranks #451 out of 784 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Waton Financial has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Waton Financial's Piotroski F-Score compare to CURN and NAKA?
According to the Capital Markets industry distribution chart, Waton Financial ranks #451 out of 784 companies for Piotroski F-Score. This places Waton Financial in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Waton Financial's value of 4 is 20% below this benchmark. Historically, Waton Financial's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Waton Financial 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 784 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. Waton Financial'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 Waton Financial and its competitors. For the Capital Markets 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. Waton Financial's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waton Financial stock overvalued right now?
Waton Financial (WTF) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Capital Markets industry median of 5.00. Waton Financial's overall GF Score™ is 13/100 with 1 warning sign 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 Waton Financial (WTF), the current Piotroski F-Score is 4 as of Sep. 05, 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.
Waton Financial Ltd is a holding company that operates its business through subsidiaries in the securities brokerage and distribution services, margin financing services, and other ancillary services business; Software licensing and related support services, including licensing of trading platform applications, upgrades and enhancements, maintenance; and other associated services to securities brokers and financial institutions. The group also provided software licensing and related support services, including licensing trading platform applications, and others.
13GF Score
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