Piotroski F-Score Stock Screen — Italy
Joseph Piotroski's F-Score gives a company one point for each of nine signs of improving financial health: profits, cash flow, falling debt, better margins and asset turnover, and no new shares issued. This screen keeps companies scoring 8 or 9 that also trade at a modest price-to-book, the cheap end of the market Piotroski studied.
The rules of this screen
A stock listed in Italy appears below only if it passes every rule:
- Price-to-book of 1.5 or less (share price at most 1.5x book value per share)
- Piotroski F-Score of 8 or more (out of 9)
- Market cap of at least €50 million
Data comes from company filings and market prices, refreshed after every trading day. Stocks with a missing value for any rule are left out.
Piotroski F-Score Stock Screen — Italy: top stocks by market cap
18 Italian stocks match this screen. All 18 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | Telecom Italia S.p.A. | TITBIT | Communication Services | €12.5B | 39.0 | 0.00% | +18.1% |
| 2 | Iren SpA | IREBIT | Utilities | €3.2B | 10.8 | 5.66% | -2.1% |
| 3 | Industrie De Nora S.p.A. | DNRBIT | Industrials | €1.2B | 14.8 | 1.80% | -22.0% |
| 4 | Caltagirone SpA | CALTBIT | Basic Materials | €1.1B | 6.9 | 3.04% | +6.4% |
| 5 | Ariston Holding N.V. | ARISBIT | Industrials | €1.1B | 10.2 | 3.22% | -14.2% |
| 6 | CIR S.p.A. - Compagnie Industriali Riunite | CIRBIT | Consumer Cyclical | €635.1M | 11.0 | 0.00% | +13.5% |
| 7 | Garofalo Health Care S.p.A. | GHCBIT | Healthcare | €459.8M | 24.8 | 1.74% | +3.6% |
| 8 | RCS MediaGroup S.p.A. | RCSBIT | Communication Services | €426.3M | 7.5 | 8.25% | -18.6% |
| 9 | Acinque S.p.A. | AC5BIT | Utilities | €408.5M | 18.9 | 4.09% | -9.6% |
| 10 | Gas Plus S.p.A. | GSPBIT | Energy | €297.6M | 11.8 | 3.67% | -3.5% |
| 11 | Orsero S.p.A. | ORSBIT | Consumer Defensive | €243.3M | 10.4 | 3.44% | -19.9% |
| 12 | FNM S.p.A. | FNMBIT | Industrials | €188.3M | 2.9 | 5.33% | -4.8% |
| 13 | Emak S.p.A. | EMBIT | Industrials | €122.8M | 12.6 | 3.80% | -23.5% |
| 14 | Bastogi S.p.A. | BBIT | Industrials | €122.4M | 13.8 | 1.21% | +25.3% |
| 15 | I Grandi Viaggi S.p.A. | IGVBIT | Consumer Cyclical | €89.3M | 46.9 | 0.00% | -8.0% |
| 16 | Neodecortech S.p.A. | NDTBIT | Basic Materials | €73.6M | 5.7 | 2.84% | +69.7% |
| 17 | Distribuzione Elettrica Adriatica S.p.a. | DEABIT | Financial Services | €60.8M | 9.0 | — | -1.9% |
| 18 | Centrale del Latte d'Italia S.p.A. | CLIBIT | Consumer Defensive | €50.9M | 12.0 | 0.00% | -5.2% |
The same rules on every market the screener covers: the US, Canada, Europe, Australia and more. Free, no account needed.
Run this screen on all 18,000+ stocksHow to use this screen
The score compares the last two fiscal years, so it can be up to a year old, and it says nothing about price beyond the book-value test. A high score in a cyclical business near the top of its cycle can be misleading.
This page lists the stocks that pass a set of rules. It is not a recommendation to buy or sell any of them, and past results of a strategy say nothing certain about future returns.