Viatris (XSWX:VTRS) Piotroski F-Score: 5 (As of Jul. 02, 2026) — Near Median


XSWX:VTRS Viatris Inc XSWX:VTRS
60 GF Score
Price CHF13.06
GF Value CHF8.89
! 8 Warning Signs
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What is Viatris Piotroski F-Score?

Viatris XSWX:VTRS +0.62% 60 Piotroski F-Score is 5 as of Jul. 02, 2026, which is at its 10-year median of 5.00. GuruFocus rates XSWX:VTRS with a GF Score™ of 60/100 and a GF Value™ of CHF8.89. The stock has 8 warning signs investors should review. Among 980 Drug Manufacturers companies, Viatris ranks better than 61.53% 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

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

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

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

Viatris  (XSWX:VTRS) 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.


Viatris Piotroski F-Score Related Terms


Viatris Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Viatris'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.

Viatris Piotroski F-Score Chart

Viatris 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 7.00 8.00 5.00 4.00

Viatris 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 4.00 4.00 4.00 5.00

XSWX:VTRS vs NBIX, UTHR, ELAN: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.


Viatris Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Viatris's Piotroski F-Score distribution charts can be found below:

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


XSWX:VTRS
60GF Score
Viatris Inc XSWX:VTRS
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 -3.741 + -102.06 + -271.026 + 138.88 = CHF-238 Mil.
Cash Flow from Operations was 178.66 + 593.015 + 650.111 + 305.709 = CHF1,727 Mil.
Revenue was 2912.964 + 2993.256 + 2951.399 + 2768.934 = CHF11,627 Mil.
Gross Profit was 1083.914 + 1091.851 + 914.762 + 911.064 = CHF4,002 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(33996.422 + 31236.232 + 30188.43 + 29639.181 + 28999.881) / 5 = CHF30812.0292 Mil.
Total Assets at the begining of this year (Mar25) was CHF33,996 Mil.
Long-Term Debt & Capital Lease Obligation was CHF9,905 Mil.
Total Current Assets was CHF8,595 Mil.
Total Current Liabilities was CHF5,362 Mil.
Net Income was -291.736 + 80.315 + -460.511 + -2687.911 = CHF-3,360 Mil.

Revenue was 3393.401 + 3178.017 + 3145.654 + 2875.499 = CHF12,593 Mil.
Gross Profit was 1291.899 + 1236.234 + 1083.294 + 1026.036 = CHF4,637 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(42069.612 + 40515.954 + 37915.674 + 37002.202 + 33996.422) / 5 = CHF38299.9728 Mil.
Total Assets at the begining of last year (Mar24) was CHF42,070 Mil.
Long-Term Debt & Capital Lease Obligation was CHF12,684 Mil.
Total Current Assets was CHF8,502 Mil.
Total Current Liabilities was CHF5,054 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.

Viatris's current Net Income (TTM) was -238. ==> 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.

Score 1 if positive, 0 if negative.

Viatris's current Cash Flow from Operations (TTM) was 1,727. ==> 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)
=-237.947/33996.422
=-0.00699918

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-3359.843/42069.612
=-0.07986389

Viatris's return on assets of this year was -0.00699918. Viatris's return on assets of last year was -0.07986389. ==> 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.

Viatris's current Net Income (TTM) was -238. Viatris's current Cash Flow from Operations (TTM) was 1,727. ==> 1,727 > -238 ==> 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
=9904.785/30812.0292
=0.32145838

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=12683.725/38299.9728
=0.33116799

Viatris's gearing of this year was 0.32145838. Viatris's gearing of last year was 0.33116799. ==> 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
=8594.797/5361.749
=1.60298384

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8502.353/5054.28
=1.68220854

Viatris's current ratio of this year was 1.60298384. Viatris's current ratio of last year was 1.68220854. ==> 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.

Viatris's number of shares in issue this year was 1175.3. Viatris's number of shares in issue last year was 1192.4. ==> 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
=4001.591/11626.553
=0.3441769

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4637.463/12592.571
=0.36826975

Viatris's gross margin of this year was 0.3441769. Viatris's gross margin of last year was 0.36826975. ==> 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)
=11626.553/33996.422
=0.34199343

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=12592.571/42069.612
=0.29932701

Viatris's asset turnover of this year was 0.34199343. Viatris's asset turnover of last year was 0.29932701. ==> 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
=0+1+1+1+1+0+1+0+1
=6

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

Viatris has an F-score of 6 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 5 mean?
Viatris (XSWX:VTRS) has a Piotroski F-Score of 5 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Viatris and its competitors. This is near median its historical median of 5.00. Over the past decade, Viatris' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Viatris ranks #377 out of 980 companies in the Drug Manufacturers industry, placing it in the top 38.5%.
Is Viatris' Piotroski F-Score too high?
Viatris' current Piotroski F-Score of 5 is near 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 Drug Manufacturers industry median Piotroski F-Score is 5.00. Viatris' value of 5 is 0% at this industry median. Based on the distribution chart, Viatris ranks #377 out of 980 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Viatris has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Viatris' Piotroski F-Score compare to NBIX and UTHR?
According to the Drug Manufacturers industry distribution chart, Viatris ranks #377 out of 980 companies for Piotroski F-Score. This puts Viatris in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Viatris' value of 5 is 0% at this benchmark. Historically, Viatris' 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, Viatris has consistently been at 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 980 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. Viatris's current Piotroski F-Score of 5 is 0% at 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 Viatris and its competitors. For the Drug Manufacturers 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. Viatris's current Piotroski F-Score is 5, which is near 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 Viatris stock overvalued right now?
Viatris (XSWX:VTRS) has a current Piotroski F-Score of 5. The stock's GF Value™ is CHF8.89, compared to a current price of CHF13.06 — trading 46.9% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Drug Manufacturers industry median of 5.00. Viatris' overall GF Score™ is 60/100 with 8 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 Viatris (XSWX:VTRS), the current Piotroski F-Score is 5 as of Jul. 02, 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 Viatris (XSWX:VTRS) Overvalued in 2026?

Based on GuruFocus' analysis, Viatris stock appears to be overvalued. The current stock price of CHF13.06 is trading 46.9% above its estimated GF Value™ of CHF8.89.

Key valuation signals for XSWX:VTRS:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: CHF8.89 vs. price of CHF13.06 (46.9% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 0% at the Drug Manufacturers median (#377 of 980)

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


Viatris Business Description

Address 1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. The remaining 60% of sales are derived from its portfolio of legacy products, which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.
60GF Score

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

CHF13.06
Price
CHF8.89
GF Value