Addiko Bank AGADBKF 71 Piotroski F-Score is 3 as of Jun. 27, 2026, which is 57% below its 10-year median of 7.00. GuruFocus rates ADBKF with a GF Score™ of 71/100 and a GF Value™ of $22.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,498 Banks companies, Addiko Bank AG ranks worse than 88.18% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
Addiko Bank AG has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Addiko Bank AG's Piotroski F-Score or its related term are showing as below:
ADBKF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 3
During the past 13 years, the highest Piotroski F-Score of Addiko Bank AG was 9. The lowest was 3. And the median was 7.
Addiko Bank AG (OTCPK:ADBKF) 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.
Addiko Bank AG Piotroski F-Score Related Terms
Addiko Bank AG Piotroski F-Score Historical Data
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The historical data trend for Addiko Bank 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.
For the Banks - Regional subindustry, Addiko Bank 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.
Addiko Bank AG Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Addiko Bank AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Addiko Bank 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.
Addiko Bank AG's current Net Income (TTM) was 51.5.
==> 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.
Addiko Bank AG's return on assets of this year was 0.00767737. Addiko Bank AG's return on assets of last year was 0.00708661.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Addiko Bank AG's gearing of this year was 0.00357186. Addiko Bank AG's gearing of last year was 0.00237213.
==> 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.
Addiko Bank AG's current ratio of this year was 1.16272126. Addiko Bank AG's current ratio of last year was 1.15073445.
==> 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.
Addiko Bank AG's number of shares in issue this year was 19.287. Addiko Bank AG's number of shares in issue last year was 19.29.
==> 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.
* 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.
Addiko Bank AG's net margin of this year was 0.13618018. Addiko Bank AG's net margin of last year was 0.14121236.
==> 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
Addiko Bank AG's asset turnover of this year was 0.05637658. Addiko Bank AG's asset turnover of last year was 0.05018404.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Addiko Bank AG has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Addiko Bank AG (ADBKF) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Addiko Bank AG and its competitors. This is 57% below median its historical median of 7.00. Over the past decade, Addiko Bank AG's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Addiko Bank AG ranks #1321 out of 1498 companies in the Banks industry, placing it in the top 88.2%.
Is Addiko Bank AG's Piotroski F-Score too high?
Addiko Bank AG's current Piotroski F-Score of 3 is 57% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Banks industry median Piotroski F-Score is 6.00. Addiko Bank AG's value of 3 is 50% below this industry median. Based on the distribution chart, Addiko Bank AG ranks #1321 out of 1498 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Addiko Bank AG has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Addiko Bank AG's Piotroski F-Score compare to PNC and USB?
According to the Banks industry distribution chart, Addiko Bank AG ranks #1321 out of 1498 companies for Piotroski F-Score. This places Addiko Bank AG in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Addiko Bank AG's value of 3 is 50% below this benchmark. Historically, Addiko Bank AG's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Addiko Bank 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 Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,498 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. Addiko Bank AG's current Piotroski F-Score of 3 is 50% 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 Addiko Bank AG and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Addiko Bank AG's current Piotroski F-Score is 3, which is 57% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addiko Bank AG stock overvalued right now?
Based on GuruFocus' analysis, Addiko Bank AG (ADBKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.54, compared to a current price of $30.23 — trading 34.1% above its estimated fair value. The current Piotroski F-Score is 3, which is 57% below median its 10-year median of 7.00 and 50% below the Banks industry median of 6.00. Addiko Bank AG's overall GF Score™ is 71/100 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 Addiko Bank AG (ADBKF), the current Piotroski F-Score is 3 as of Jun. 27, 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 Addiko Bank AG (ADBKF) Overvalued in 2026?
Based on GuruFocus' analysis, Addiko Bank AG stock appears to be overvalued.
The current stock price of $30.23 is trading 34.1% above its estimated GF Value™ of $22.54.
GuruFocus considers Addiko Bank AG to be Significantly Overvalued.
Key valuation signals for ADBKF:
Piotroski F-Score: 3 (57% below median its 10-year median of 7.00)
GF Value™: $22.54 vs. price of $30.23 (34.1% above fair value)
Industry Position: 50% below the Banks median (#1321 of 1498)
No single metric tells the full story. See the ADBKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Addiko Bank AG is an international banking group. The company offers direct and term deposits, digital products, and various other services. The company's operating segments include Consumer, SME Business, Mortgage, Large Corporate & Public Finance, and Corporate Center. The company generates the majority of its revenue from the Consumer segment.
71GF Score
Get the complete analysis for ADBKF
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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