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Epiroc ABCHIX:EPIBS 98 Piotroski F-Score is 7 as of Aug. 01, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates CHIX:EPIBS with a GF Score™ of 98/100 and a GF Value™ of kr176.59 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Epiroc AB ranks better than 91.3% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Epiroc AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Epiroc AB's Piotroski F-Score or its related term are showing as below:
CHIX:EPIBs'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 7
During the past 11 years, the highest Piotroski F-Score of Epiroc AB was 7. The lowest was 3. And the median was 5.
Epiroc AB (CHIX:EPIBs) 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.
Epiroc AB Piotroski F-Score Related Terms
Epiroc AB Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Epiroc 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.
CHIX:EPIBS vs CAT, DE, PCAR: Piotroski F-Score Comparison
For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.
Epiroc AB Piotroski F-Score vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Epiroc AB'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.
Epiroc AB's current Net Income (TTM) was 8,839.
==> 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.
Epiroc AB's return on assets of this year was 0.11138976. Epiroc AB's return on assets of last year was 0.11082996.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Epiroc AB's gearing of this year was 0.19447063. Epiroc AB's gearing of last year was 0.20999232.
==> 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
Epiroc AB's current ratio of this year was 2.13330459. Epiroc AB's current ratio of last year was 2.04378284.
==> 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.
Epiroc AB's number of shares in issue this year was 1209.453. Epiroc AB's number of shares in issue last year was 1205.747.
==> 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.
Epiroc AB's gross margin of this year was 0.35707301. Epiroc AB's gross margin of last year was 0.37138456.
==> 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
Epiroc AB's asset turnover of this year was 0.78618056. Epiroc AB's asset turnover of last year was 0.78522761.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Epiroc AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Epiroc AB (CHIX:EPIBS) has a Piotroski F-Score of 7 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Epiroc AB and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Epiroc AB's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Epiroc AB ranks #18 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 8.7%.
Is Epiroc AB's Piotroski F-Score too high?
Epiroc AB's current Piotroski F-Score of 7 is 40% above 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 7.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Epiroc AB's value of 7 is 40% above this industry median. Based on the distribution chart, Epiroc AB ranks #18 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Epiroc AB has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Epiroc AB's Piotroski F-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Epiroc AB ranks #18 out of 207 companies for Piotroski F-Score. This places Epiroc AB in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Epiroc AB's value of 7 is 40% above this benchmark. Historically, Epiroc AB's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Epiroc 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 207 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. Epiroc AB's current Piotroski F-Score of 7 is 40% 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 Epiroc AB and its competitors. For the Farm & Heavy Construction Machinery 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. Epiroc AB's current Piotroski F-Score is 7, which is 40% above 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 Epiroc AB stock overvalued right now?
Based on GuruFocus' analysis, Epiroc AB (CHIX:EPIBS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr176.59, compared to a current price of kr219.30 — trading 24.2% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Farm & Heavy Construction Machinery industry median of 5.00. Epiroc AB's overall GF Score™ is 98/100 with 3 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 Epiroc AB (CHIX:EPIBS), the current Piotroski F-Score is 7 as of Aug. 01, 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 Epiroc AB (CHIX:EPIBS) Overvalued in 2026?
Based on GuruFocus' analysis, Epiroc AB stock appears to be overvalued.
The current stock price of kr219.30 is trading 24.2% above its estimated GF Value™ of kr176.59.
GuruFocus considers Epiroc AB to be Modestly Overvalued.
Key valuation signals for CHIX:EPIBS:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: kr176.59 vs. price of kr219.30 (24.2% above fair value)
Industry Position: 40% above the Farm & Heavy Construction Machinery median (#18 of 207)
No single metric tells the full story. See the CHIX:EPIBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.
98GF Score
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