Voltatron AG (XTER:VOTR) Piotroski F-Score: 8 (As of Jun. 29, 2026) — 100% Above Median


XTER:VOTR Voltatron AG XTER:VOTR
47 GF Score
Price €3.84
! 5 Warning Signs
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What is Voltatron AG Piotroski F-Score?

Voltatron AG XTER:VOTR +0.26% 47 Piotroski F-Score is 8 as of Jun. 29, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates XTER:VOTR with a GF Score™ of 47/100. The stock has 5 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Voltatron 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

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

XTER:VOTR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 8

During the past 11 years, the highest Piotroski F-Score of Voltatron AG was 8. The lowest was 2. And the median was 4.

Voltatron AG  (XTER:VOTR) 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.


Voltatron AG Piotroski F-Score Related Terms


Voltatron AG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Voltatron 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.

Voltatron AG Piotroski F-Score Chart

Voltatron AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 4.00 4.00 4.00

Voltatron AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 4.00 4.00 4.00 6.00 8.00

XTER:VOTR vs ORLY, AZO, GPC: Piotroski F-Score Comparison

For the Auto Parts subindustry, Voltatron 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.


Voltatron AG Piotroski F-Score vs Vehicles & Parts Industry

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

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


XTER:VOTR
47GF Score
Voltatron AG XTER:VOTR
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 (Dec24) TTM:
Net Income was 2.03 + -0.543 + -0.29 + 0.343 = €1.54 Mil.
Cash Flow from Operations was 1.555 + 0.838 + 0.286 + -0.168 = €2.51 Mil.
Revenue was 1.807 + 7.474 + 8.841 + 13.76 = €31.88 Mil.
Gross Profit was 1.178 + 2.47 + 3.361 + 6.754 = €13.76 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Mar26) was
(5.72 + 43.935 + 33.52 + 50.706 + 64.938) / 5 = €39.7638 Mil.
Total Assets at the begining of this year (Dec24) was €5.72 Mil.
Long-Term Debt & Capital Lease Obligation was €0.54 Mil.
Total Current Assets was €26.55 Mil.
Total Current Liabilities was €15.16 Mil.
Net Income was -1.022 + -0.711 + -0.833 + -1.325 = €-3.89 Mil.

Revenue was 0 + 1.922 + 1.144 + 5.888 = €8.95 Mil.
Gross Profit was 0 + 0.542 + 0.338 + 1.576 = €2.46 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(4.865 + 5.007 + 5.978 + 7.099 + 5.72) / 5 = €5.7338 Mil.
Total Assets at the begining of last year (Dec23) was €4.87 Mil.
Long-Term Debt & Capital Lease Obligation was €0.16 Mil.
Total Current Assets was €3.49 Mil.
Total Current Liabilities was €8.53 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.

Voltatron AG's current Net Income (TTM) was 1.54. ==> 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.

Voltatron AG's current Cash Flow from Operations (TTM) was 2.51. ==> 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 (Dec24)
=1.54/5.72
=0.26923077

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-3.891/4.865
=-0.79979445

Voltatron AG's return on assets of this year was 0.26923077. Voltatron AG's return on assets of last year was -0.79979445. ==> 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.

Voltatron AG's current Net Income (TTM) was 1.54. Voltatron AG's current Cash Flow from Operations (TTM) was 2.51. ==> 2.51 > 1.54 ==> 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 Dec24 to Mar26
=0.538/39.7638
=0.01352989

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.155/5.7338
=0.02703268

Voltatron AG's gearing of this year was 0.01352989. Voltatron AG's gearing of last year was 0.02703268. ==> 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
=26.551/15.161
=1.75126971

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3.487/8.526
=0.40898428

Voltatron AG's current ratio of this year was 1.75126971. Voltatron AG's current ratio of last year was 0.40898428. ==> 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.

Voltatron AG's number of shares in issue this year was 22.387. Voltatron AG's number of shares in issue last year was 20.132. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=13.763/31.882
=0.43168559

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2.456/8.954
=0.27429082

Voltatron AG's gross margin of this year was 0.43168559. Voltatron AG's gross margin of last year was 0.27429082. ==> 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 (Dec24)
=31.882/5.72
=5.57377622

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=8.954/4.865
=1.84049332

Voltatron AG's asset turnover of this year was 5.57377622. Voltatron AG's asset turnover of last year was 1.84049332. ==> 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
=1+1+1+1+1+1+0+1+1
=8

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

Voltatron 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?
Voltatron AG (XTER:VOTR) has a Piotroski F-Score of 8 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Voltatron AG and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Voltatron AG's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Voltatron AG ranks #29 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is Voltatron AG's Piotroski F-Score too high?
Voltatron AG's current Piotroski F-Score of 8 is 100% above 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 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Voltatron AG's value of 8 is 60% above this industry median. Based on the distribution chart, Voltatron AG ranks #29 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Voltatron AG has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Voltatron AG's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Voltatron AG ranks #29 out of 1286 companies for Piotroski F-Score. This places Voltatron AG in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Voltatron AG's value of 8 is 60% above this benchmark. Historically, Voltatron AG's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Voltatron 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 1,286 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. Voltatron 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 Voltatron 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. Voltatron AG's current Piotroski F-Score is 8, which is 100% above 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 Voltatron AG stock overvalued right now?
Voltatron AG (XTER:VOTR) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 60% above the Vehicles & Parts industry median of 5.00. Voltatron AG's overall GF Score™ is 47/100 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 Voltatron AG (XTER:VOTR), the current Piotroski F-Score is 8 as of Jun. 29, 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.

Voltatron AG Business Description

Other Exchanges 0RV4:UKVOTR:Austria
Address Flobaustrabe 22, Furth, BY, DEU, 90763
Voltatron AG is an electronics company. The company is engaged in combining specialized electronics companies. The company develops and manufactures electronics for demanding industrial applications, production, and distribution of e mobility solutions, particularly lithium ion battery systems and the management of patents, licenses, and utility models. The company creates electronic components, assemblies, and complete systems for use in battery systems and numerous industrial applications.
47GF Score

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