SOTHEMA (CAS:SOT) Piotroski F-Score: 5 (As of Jun. 25, 2026) — Near Median


CAS:SOT SOTHEMA CAS:SOT
75 GF Score
Price MAD376.00
GF Value MAD284.83
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is SOTHEMA Piotroski F-Score?

SOTHEMA CAS:SOT 75 Piotroski F-Score is 5 as of Jun. 25, 2026, which is at its 10-year median of 5.00. GuruFocus rates CAS:SOT with a GF Score™ of 75/100 and a GF Value™ of MAD284.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 981 Drug Manufacturers companies, SOTHEMA ranks better than 61.26% 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

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

CAS:SOT' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of SOTHEMA was 6. The lowest was 3. And the median was 5.

SOTHEMA  (CAS:SOT) 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.


SOTHEMA Piotroski F-Score Related Terms


SOTHEMA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SOTHEMA'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.

SOTHEMA Piotroski F-Score Chart

SOTHEMA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 3.00 6.00 5.00

SOTHEMA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.00 0.00 6.00 0.00 5.00

CAS:SOT vs LLY, JNJ, ABBV: Piotroski F-Score Comparison

For the Drug Manufacturers - General subindustry, SOTHEMA'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.


SOTHEMA Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SOTHEMA's Piotroski F-Score distribution charts can be found below:

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


CAS:SOT
75GF Score
SOTHEMA CAS:SOT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was MAD386 Mil.
Cash Flow from Operations was MAD461 Mil.
Revenue was MAD3,226 Mil.
Gross Profit was MAD1,557 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3182.052 + 4607.253) / 2 = MAD3894.6525 Mil.
Total Assets at the begining of this year (Dec24) was MAD3,182 Mil.
Long-Term Debt & Capital Lease Obligation was MAD395 Mil.
Total Current Assets was MAD2,473 Mil.
Total Current Liabilities was MAD1,407 Mil.
Net Income was MAD315 Mil.

Revenue was MAD2,816 Mil.
Gross Profit was MAD1,333 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2749.885 + 3182.052) / 2 = MAD2965.9685 Mil.
Total Assets at the begining of last year (Dec23) was MAD2,750 Mil.
Long-Term Debt & Capital Lease Obligation was MAD156 Mil.
Total Current Assets was MAD2,184 Mil.
Total Current Liabilities was MAD1,176 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.

SOTHEMA's current Net Income (TTM) was 386. ==> 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.

SOTHEMA's current Cash Flow from Operations (TTM) was 461. ==> 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)
=385.526/3182.052
=0.12115641

ROA (Last Year)=Net Income/Total Assets (Dec23)
=315.288/2749.885
=0.11465498

SOTHEMA's return on assets of this year was 0.12115641. SOTHEMA's return on assets of last year was 0.11465498. ==> 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.

SOTHEMA's current Net Income (TTM) was 386. SOTHEMA's current Cash Flow from Operations (TTM) was 461. ==> 461 > 386 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=395.411/3894.6525
=0.10152664

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=156.057/2965.9685
=0.05261587

SOTHEMA's gearing of this year was 0.10152664. SOTHEMA's gearing of last year was 0.05261587. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=2472.866/1406.926
=1.75763757

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2184.428/1175.592
=1.85815147

SOTHEMA's current ratio of this year was 1.75763757. SOTHEMA's current ratio of last year was 1.85815147. ==> 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.

SOTHEMA's number of shares in issue this year was 38.034. SOTHEMA's number of shares in issue last year was 36. ==> 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
=1557.416/3225.67
=0.48281938

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1333.261/2815.902
=0.47347564

SOTHEMA's gross margin of this year was 0.48281938. SOTHEMA's gross margin of last year was 0.47347564. ==> 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)
=3225.67/3182.052
=1.01370751

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2815.902/2749.885
=1.02400719

SOTHEMA's asset turnover of this year was 1.01370751. SOTHEMA's asset turnover of last year was 1.02400719. ==> Last year's asset turnover is higher ==> Score 0.

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+0+0+0+1+0
=5

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

SOTHEMA has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
SOTHEMA (CAS:SOT) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SOTHEMA and its competitors. This is near median its historical median of 5.00. Over the past decade, SOTHEMA's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, SOTHEMA ranks #380 out of 981 companies in the Drug Manufacturers industry, placing it in the top 38.7%.
Is SOTHEMA's Piotroski F-Score too high?
SOTHEMA's current Piotroski F-Score of 5 is near 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 6.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. SOTHEMA's value of 5 is 0% at this industry median. Based on the distribution chart, SOTHEMA ranks #380 out of 981 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, SOTHEMA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOTHEMA's Piotroski F-Score compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, SOTHEMA ranks #380 out of 981 companies for Piotroski F-Score. This puts SOTHEMA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. SOTHEMA's value of 5 is 0% at this benchmark. Historically, SOTHEMA's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, SOTHEMA has consistently been at 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 981 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. SOTHEMA's current Piotroski F-Score of 5 is 0% at 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 SOTHEMA and its competitors. For the Drug Manufacturers 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. SOTHEMA's current Piotroski F-Score is 5, which is near 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 SOTHEMA stock overvalued right now?
Based on GuruFocus' analysis, SOTHEMA (CAS:SOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD284.83, compared to a current price of MAD376.00 — trading 32% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Drug Manufacturers industry median of 5.00. SOTHEMA's overall GF Score™ is 75/100 with 6 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 SOTHEMA (CAS:SOT), the current Piotroski F-Score is 5 as of Jun. 25, 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 SOTHEMA (CAS:SOT) Overvalued in 2026?

Based on GuruFocus' analysis, SOTHEMA stock appears to be overvalued. The current stock price of MAD376.00 is trading 32% above its estimated GF Value™ of MAD284.83. GuruFocus considers SOTHEMA to be Significantly Overvalued.

Key valuation signals for CAS:SOT:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: MAD284.83 vs. price of MAD376.00 (32% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 0% at the Drug Manufacturers median (#380 of 981)

No single metric tells the full story. See the CAS:SOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SOTHEMA Business Description

Address Centre de Bouskoura, BP no. 1, Casablanca, MAR
SOTHEMA engages in representation, purchase and sale of pharmaceutical, chemical, health-related, biological, veterinary, plant-based, cosmetic and scented products. The company sells its products in Morocco and overseas.
75GF Score

Get the complete analysis for CAS:SOT

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD376.00
Price
MAD284.83
GF Value