Blitz Technologies (XTAE:BLITZ) Piotroski F-Score: 1 (As of Aug. 31, 2026) — 75% Below Median

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XTAE:BLITZ Blitz Technologies Ltd XTAE:BLITZ
28 GF Score
Price ₪2.95
GF Value ₪0.81
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Blitz Technologies Piotroski F-Score?

Blitz Technologies XTAE:BLITZ 28 Piotroski F-Score is 1 as of Aug. 31, 2026, which is 75% below its 10-year median of 4.00. GuruFocus rates XTAE:BLITZ with a GF Score™ of 28/100 and a GF Value™ of ₪0.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,291 Vehicles & Parts companies, Blitz Technologies ranks worse than 99.07% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Blitz Technologies has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

XTAE:BLITZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 1

During the past 13 years, the highest Piotroski F-Score of Blitz Technologies was 6. The lowest was 1. And the median was 4.

Blitz Technologies  (XTAE:BLITZ) 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.


Blitz Technologies Piotroski F-Score Related Terms


Blitz Technologies Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Blitz 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.

Blitz Technologies Piotroski F-Score Chart

Blitz 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 3.00 4.00 3.00 3.00 1.00

Blitz Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.00 0.00 3.00 0.00 1.00

XTAE:BLITZ vs TSLA, GM, F: Piotroski F-Score Comparison

For the Auto Manufacturers subindustry, Blitz 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.


Blitz Technologies Piotroski F-Score vs Vehicles & Parts Industry

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

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


XTAE:BLITZ
28GF Score
Blitz Technologies Ltd XTAE:BLITZ
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was ₪-8.07 Mil.
Cash Flow from Operations was ₪-4.43 Mil.
Revenue was ₪1.98 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (11.094 + 4.529) / 2 = ₪7.8115 Mil.
Total Assets at the begining of this year (Dec24) was ₪11.09 Mil.
Long-Term Debt & Capital Lease Obligation was ₪7.21 Mil.
Total Assets was ₪4.53 Mil.
Total Liabilities was ₪10.15 Mil.
Net Income was ₪-7.27 Mil.

Revenue was ₪6.16 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (13.557 + 11.094) / 2 = ₪12.3255 Mil.
Total Assets at the begining of last year (Dec23) was ₪13.56 Mil.
Long-Term Debt & Capital Lease Obligation was ₪3.36 Mil.
Total Assets was ₪11.09 Mil.
Total Liabilities was ₪9.21 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.

Blitz Technologies's current Net Income (TTM) was -8.07. ==> 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.

Blitz Technologies's current Cash Flow from Operations (TTM) was -4.43. ==> Negative ==> Score 0.

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 (Dec24)
=-8.072/11.094
=-0.7276005

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-7.268/13.557
=-0.53610681

Blitz Technologies's return on assets of this year was -0.7276005. Blitz Technologies's return on assets of last year was -0.53610681. ==> 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.

Blitz Technologies's current Net Income (TTM) was -8.07. Blitz Technologies's current Cash Flow from Operations (TTM) was -4.43. ==> -4.43 > -8.07 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=7.21/7.8115
=0.92299814

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=3.356/12.3255
=0.27228104

Blitz Technologies's gearing of this year was 0.92299814. Blitz Technologies's gearing of last year was 0.27228104. ==> 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

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Dec25)=Total Assets/Total Liabilities
=4.529/10.147
=0.44633882

Current Ratio (Last Year: Dec24)=Total Assets/Total Liabilities
=11.094/9.21
=1.20456026

Blitz Technologies's current ratio of this year was 0.44633882. Blitz Technologies's current ratio of last year was 1.20456026. ==> 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.

Blitz Technologies's number of shares in issue this year was 5.389. Blitz Technologies's number of shares in issue last year was 2.527. ==> 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.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=-8.072/1.981
=-4.07470974

Net Margin (Last Year: TTM)=Net Income/Revenue
=-7.268/6.156
=-1.18063678

Blitz Technologies's net margin of this year was -4.07470974. Blitz Technologies's net margin of last year was -1.18063678. ==> Last year's net 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 (Dec24)
=1.981/11.094
=0.17856499

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=6.156/13.557
=0.45408276

Blitz Technologies's asset turnover of this year was 0.17856499. Blitz Technologies's asset turnover of last year was 0.45408276. ==> 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
=0+0+0+1+0+0+0+0+0
=1

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

Blitz Technologies has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
Blitz Technologies (XTAE:BLITZ) has a Piotroski F-Score of 1 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Blitz Technologies and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, Blitz Technologies' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Blitz Technologies ranks #1279 out of 1291 companies in the Vehicles & Parts industry, placing it in the top 99.1%.
Is Blitz Technologies' Piotroski F-Score too high?
Blitz Technologies' current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Blitz Technologies' value of 1 is 80% below this industry median. Based on the distribution chart, Blitz Technologies ranks #1279 out of 1291 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Blitz Technologies has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blitz Technologies' Piotroski F-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Blitz Technologies ranks #1279 out of 1291 companies for Piotroski F-Score. This places Blitz Technologies in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Blitz Technologies' value of 1 is 80% below this benchmark. Historically, Blitz Technologies' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Blitz 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,291 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. Blitz Technologies's current Piotroski F-Score of 1 is 80% 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 Blitz Technologies 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. Blitz Technologies's current Piotroski F-Score is 1, which is 75% below 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 Blitz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Blitz Technologies (XTAE:BLITZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪0.81, compared to a current price of ₪2.95 — trading 263.6% above its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Vehicles & Parts industry median of 5.00. Blitz Technologies' overall GF Score™ is 28/100 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 Blitz Technologies (XTAE:BLITZ), the current Piotroski F-Score is 1 as of Aug. 31, 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 Blitz Technologies (XTAE:BLITZ) Overvalued in 2026?

Based on GuruFocus' analysis, Blitz Technologies stock appears to be overvalued. The current stock price of ₪2.95 is trading 263.6% above its estimated GF Value™ of ₪0.81. GuruFocus considers Blitz Technologies to be Significantly Overvalued.

Key valuation signals for XTAE:BLITZ:

  • Piotroski F-Score: 1 (75% below median its 10-year median of 4.00)
  • GF Value™: ₪0.81 vs. price of ₪2.95 (263.6% above fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 80% below the Vehicles & Parts median (#1279 of 1291)

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


Blitz Technologies Business Description

Address Israel Street Bk 7, Tel Aviv, ISR, 6701912
Blitz Technologies Ltd is engaged in the development, planning, production, marketing, and sale of two-wheeled scooters and electric. The company geographically operates in Israel and Europe.
28GF Score

Get the complete analysis for XTAE:BLITZ

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

₪2.95
Price
₪0.81
GF Value