MediWound Ltd.

MDWD

Healthcare Biotechnology

MediWound Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.0 million, down 16.1% from fiscal 2024.

Revenue
−45.8%
EPS
+53.7%
Free cash flow
−49.9%
Total debt
+51.8%

Quarter to June 2026, against a year earlier

14.25 0.92 +6.90%
Market cap
$184.0M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
5/9
Net debt / EBITDA
2.3×
Dividend safety
n/a

MediWound Ltd. (MDWD) Piotroski F-score

Alert me on Piotroski F-score

MediWound Ltd.'s Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, up from 2 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 5 3.00
FY2024 2 0.00
FY2023 2 (2.00)
FY2022 4 0.00
FY2021 4 2.00
FY2020 2 (5.00)
FY2019 7 3.00
FY2018 4 (1.00)
FY2017 5 1.00
FY2016 4 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets (29.90%) (43.19%) Fail 0
Positive operating cash flow (16.12m) (13.62m) Fail 0
Rising return on assets (29.90%) (43.19%) Pass 1
Cash flow above net income 7.76m 16.60m Pass 1
Falling long-term leverage 0.00 0.00 Pass 1
Rising current ratio 2.33 1.97 Pass 1
No new shares issued 11,377,000 9,960,000 Fail 0
Rising gross margin 19.19% 13.03% Pass 1
Rising asset turnover 0.21 0.29 Fail 0
Piotroski F-score Mixed 5

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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