PRO DV AGXTER:PDA0 81 Piotroski F-Score is 4 as of Jul. 02, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XTER:PDA0 with a GF Score™ of 81/100 and a GF Value™ of €3.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,739 Software companies, PRO DV AG ranks worse than 60.24% 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
PRO DV AG 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 PRO DV AG's Piotroski F-Score or its related term are showing as below:
XTER:PDA0'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 4
During the past 13 years, the highest Piotroski F-Score of PRO DV AG was 7. The lowest was 3. And the median was 5.
PRO DV AG (XTER:PDA0) 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.
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.
PRO DV AG Piotroski F-Score Related Terms
PRO DV AG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PRO DV 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.
XTER:PDA0 vs IBM, ACN, FISV: Piotroski F-Score Comparison
For the Information Technology Services subindustry, PRO DV 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.
PRO DV AG Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, PRO DV AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PRO DV AG'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.
PRO DV AG's current Net Income (TTM) was -0.18.
==> 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.
PRO DV AG's return on assets of this year was -0.07054264. PRO DV AG's return on assets of last year was 0.03196179.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PRO DV AG's current ratio of this year was 2.03448276. PRO DV AG's current ratio of last year was 2.36580882.
==> 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.
PRO DV AG's number of shares in issue this year was 1.368. PRO DV AG's number of shares in issue last year was 1.703.
==> 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.
PRO DV AG's gross margin of this year was 0.1682563. PRO DV AG's gross margin of last year was 0.24498529.
==> 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
PRO DV AG's asset turnover of this year was 1.58488372. PRO DV AG's asset turnover of last year was 1.37362234.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PRO DV AG has an F-score of 4 indicating the company's financial situation is typical for a stable company.
PRO DV AG (XTER:PDA0) has a Piotroski F-Score of 4 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PRO DV AG and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, PRO DV AG's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, PRO DV AG ranks #1650 out of 2739 companies in the Software industry, placing it in the top 60.2%.
Is PRO DV AG's Piotroski F-Score too high?
PRO DV AG's current Piotroski F-Score of 4 is 20% below 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 7.00. The Software industry median Piotroski F-Score is 5.00. PRO DV AG's value of 4 is 20% below this industry median. Based on the distribution chart, PRO DV AG ranks #1650 out of 2739 companies in the Software industry, which is below the industry midpoint. Overall, PRO DV AG has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PRO DV AG's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, PRO DV AG ranks #1650 out of 2739 companies for Piotroski F-Score. This places PRO DV AG in the lower half of its industry. The industry median Piotroski F-Score is 5.00. PRO DV AG's value of 4 is 20% below this benchmark. Historically, PRO DV AG's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, PRO DV AG 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 2,739 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. PRO DV AG'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 PRO DV AG 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. PRO DV AG's current Piotroski F-Score is 4, which is 20% below 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 PRO DV AG stock overvalued right now?
Based on GuruFocus' analysis, PRO DV AG (XTER:PDA0) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.01, compared to a current price of €2.16 — trading 28.2% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Software industry median of 5.00. PRO DV AG's overall GF Score™ is 81/100 with 4 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 PRO DV AG (XTER:PDA0), the current Piotroski F-Score is 4 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 PRO DV AG (XTER:PDA0) Overvalued in 2026?
Based on GuruFocus' analysis, PRO DV AG stock appears to be undervalued.
The current stock price of €2.16 is trading 28.2% below its estimated GF Value™ of €3.01.
GuruFocus considers PRO DV AG to be Modestly Undervalued.
Key valuation signals for XTER:PDA0:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: €3.01 vs. price of €2.16 (28.2% below fair value)
Industry Position: 20% below the Software median (#1650 of 2739)
No single metric tells the full story. See the XTER:PDA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PRO DV AG engages in the provision of information technology business solutions. It offers project support services in the transport and logistics, telecommunications, energy supply, and public administration sectors. The firm specializes in the analysis and optimization of business processes with a focus on business analysis, architecture consulting, project management, and security management.
81GF Score
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