Alleima AB (CHIX:ALLEIS) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


CHIX:ALLEIS Alleima AB CHIX:ALLEIS
76 GF Score
Price kr95.15
GF Value kr76.09
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Alleima AB Piotroski F-Score?

Alleima AB CHIX:ALLEIS 76 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates CHIX:ALLEIS with a GF Score™ of 76/100 and a GF Value™ of kr76.09 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 624 Steel companies, Alleima AB ranks better than 78.69% 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

Alleima AB has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Alleima AB's Piotroski F-Score or its related term are showing as below:

CHIX:ALLEIs' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 7 years, the highest Piotroski F-Score of Alleima AB was 7. The lowest was 4. And the median was 6.

Alleima AB  (CHIX:ALLEIs) 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.


Alleima AB Piotroski F-Score Related Terms


Alleima AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Alleima AB'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.

Alleima AB Piotroski F-Score Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 4.00 5.00 6.00

Alleima AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 7.00 6.00 5.00 6.00 6.00

CHIX:ALLEIS vs NUE, STLD, RS: Piotroski F-Score Comparison

For the Steel subindustry, Alleima AB'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.


Alleima AB Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Piotroski F-Score distribution charts can be found below:

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


CHIX:ALLEIS
76GF Score
Alleima AB CHIX:ALLEIS
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 204 + 85 + -11 + 290 = kr568 Mil.
Cash Flow from Operations was 456 + 553 + 721 + 105 = kr1,835 Mil.
Revenue was 4765 + 4222 + 4494 + 4576 = kr18,057 Mil.
Gross Profit was 900 + 704 + 704 + 996 = kr3,304 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(23656 + 23078 + 22707 + 22531 + 23193) / 5 = kr23033 Mil.
Total Assets at the begining of this year (Mar25) was kr23,656 Mil.
Long-Term Debt & Capital Lease Obligation was kr1,028 Mil.
Total Current Assets was kr12,695 Mil.
Total Current Liabilities was kr4,544 Mil.
Net Income was 636 + 237 + 297 + 394 = kr1,564 Mil.

Revenue was 5359 + 4498 + 5094 + 5150 = kr20,101 Mil.
Gross Profit was 1340 + 861 + 1024 + 1144 = kr4,369 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(23191 + 23171 + 22907 + 23848 + 23656) / 5 = kr23354.6 Mil.
Total Assets at the begining of last year (Mar24) was kr23,191 Mil.
Long-Term Debt & Capital Lease Obligation was kr1,253 Mil.
Total Current Assets was kr13,129 Mil.
Total Current Liabilities was kr4,744 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.

Alleima AB's current Net Income (TTM) was 568. ==> 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.

Alleima AB's current Cash Flow from Operations (TTM) was 1,835. ==> 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 (Mar25)
=568/23656
=0.02401082

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1564/23191
=0.06743996

Alleima AB's return on assets of this year was 0.02401082. Alleima AB's return on assets of last year was 0.06743996. ==> Last year is higher ==> Score 0.

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.

Alleima AB's current Net Income (TTM) was 568. Alleima AB's current Cash Flow from Operations (TTM) was 1,835. ==> 1,835 > 568 ==> 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 Mar25 to Mar26
=1028/23033
=0.04463162

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1253/23354.6
=0.0536511

Alleima AB's gearing of this year was 0.04463162. Alleima AB's gearing of last year was 0.0536511. ==> 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
=12695/4544
=2.79379401

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=13129/4744
=2.76749578

Alleima AB's current ratio of this year was 2.79379401. Alleima AB's current ratio of last year was 2.76749578. ==> 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.

Alleima AB's number of shares in issue this year was 250.704. Alleima AB's number of shares in issue last year was 250.955. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=3304/18057
=0.18297613

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4369/20101
=0.21735237

Alleima AB's gross margin of this year was 0.18297613. Alleima AB's gross margin of last year was 0.21735237. ==> Last year's gross 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=18057/23656
=0.76331586

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=20101/23191
=0.86675866

Alleima AB's asset turnover of this year was 0.76331586. Alleima AB's asset turnover of last year was 0.86675866. ==> 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+0+1+1+1+1+0+0
=6

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

Alleima AB has an F-score of 6 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 6 mean?
Alleima AB (CHIX:ALLEIS) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Alleima AB and its competitors. This is near median its historical median of 6.00. Over the past decade, Alleima AB's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Alleima AB ranks #133 out of 624 companies in the Steel industry, placing it in the top 21.3%.
Is Alleima AB's Piotroski F-Score too high?
Alleima AB's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Steel industry median Piotroski F-Score is 5.00. Alleima AB's value of 6 is 20% above this industry median. Based on the distribution chart, Alleima AB ranks #133 out of 624 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Alleima AB has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alleima AB's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Alleima AB ranks #133 out of 624 companies for Piotroski F-Score. This places Alleima AB in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Alleima AB's value of 6 is 20% above this benchmark. Historically, Alleima AB's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Alleima AB 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 624 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. Alleima AB's current Piotroski F-Score of 6 is 20% 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 Alleima AB and its competitors. For the Steel 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. Alleima AB's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alleima AB stock overvalued right now?
Based on GuruFocus' analysis, Alleima AB (CHIX:ALLEIS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr76.09, compared to a current price of kr95.15 — trading 25% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Steel industry median of 5.00. Alleima AB's overall GF Score™ is 76/100 with 8 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 Alleima AB (CHIX:ALLEIS), the current Piotroski F-Score is 6 as of Jun. 26, 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 Alleima AB (CHIX:ALLEIS) Overvalued in 2026?

Based on GuruFocus' analysis, Alleima AB stock appears to be overvalued. The current stock price of kr95.15 is trading 25% above its estimated GF Value™ of kr76.09. GuruFocus considers Alleima AB to be Modestly Overvalued.

Key valuation signals for CHIX:ALLEIS:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: kr76.09 vs. price of kr95.15 (25% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 20% above the Steel median (#133 of 624)

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


Alleima AB Business Description

Address Storgatan 2, Sandviken, SWE, SE-811 81
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in stainless steels and special alloys as well as products for industrial heating. The company's offering includes seamless stainless tubes, electric heating technology and heating resistance materials, ultra-fine wire and components for medical devices, precision strip steel, and coated strip steel for hydrogen applications. It has three divisions: Tube, Kanthal and Strip. The majority of the company's revenue is derived from the Tube segment, which develops and manufactures seamless tubes and other long products for the Oil and Gas, Industrial, Chemical and Petrochemical, Mining and Construction, Nuclear, and Transportation customer segments, as well as the Hydrogen and Renewable Energy segment.
76GF Score

Get the complete analysis for CHIX:ALLEIS

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

kr95.15
Price
kr76.09
GF Value