Lasernet Group AB (CHIX:LASERS) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


CHIX:LASERS Lasernet Group AB CHIX:LASERS
58 GF Score
Price kr29.60
GF Value kr17.50
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Lasernet Group AB Piotroski F-Score?

Lasernet Group AB CHIX:LASERS 58 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates CHIX:LASERS with a GF Score™ of 58/100 and a GF Value™ of kr17.50 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,743 Software companies, Lasernet Group AB ranks better than 98.65% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Lasernet Group AB has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

CHIX:LASERs' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Lasernet Group AB was 8. The lowest was 4. And the median was 6.

Lasernet Group AB  (CHIX:LASERs) 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.


Lasernet Group AB Piotroski F-Score Related Terms


Lasernet Group AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lasernet Group 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.

Lasernet Group AB Piotroski F-Score Chart

Lasernet Group AB 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 7.00 4.00 7.00 5.00 6.00

Lasernet Group 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 4.00 4.00 5.00 6.00 8.00

CHIX:LASERS vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Lasernet Group 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.


Lasernet Group AB Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Lasernet Group AB's Piotroski F-Score distribution charts can be found below:

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


CHIX:LASERS
58GF Score
Lasernet Group AB CHIX:LASERS
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 0.49 + 11.353 + 478.138 + 6.535 = kr496.5 Mil.
Cash Flow from Operations was 21.451 + 36.003 + -3.542 + 3.916 = kr57.8 Mil.
Revenue was 139.59 + 60.777 + 60.131 + 61.067 = kr321.6 Mil.
Gross Profit was 79.027 + 38.379 + 38.043 + 41.729 = kr197.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(814.189 + 787.341 + 811.381 + 1065.475 + 1055.753) / 5 = kr906.8278 Mil.
Total Assets at the begining of this year (Mar25) was kr814.2 Mil.
Long-Term Debt & Capital Lease Obligation was kr1.3 Mil.
Total Current Assets was kr869.8 Mil.
Total Current Liabilities was kr179.2 Mil.
Net Income was 8.322 + 3.804 + -1.136 + 5.088 = kr16.1 Mil.

Revenue was 132.34 + 55.669 + 58.982 + 61.177 = kr308.2 Mil.
Gross Profit was 73.388 + 30.118 + 29.221 + 34.602 = kr167.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(849.466 + 824.395 + 815.191 + 854.269 + 814.189) / 5 = kr831.502 Mil.
Total Assets at the begining of last year (Mar24) was kr849.5 Mil.
Long-Term Debt & Capital Lease Obligation was kr4.9 Mil.
Total Current Assets was kr181.9 Mil.
Total Current Liabilities was kr300.6 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.

Lasernet Group AB's current Net Income (TTM) was 496.5. ==> 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.

Score 1 if positive, 0 if negative.

Lasernet Group AB's current Cash Flow from Operations (TTM) was 57.8. ==> 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)
=496.516/814.189
=0.60982892

ROA (Last Year)=Net Income/Total Assets (Mar24)
=16.078/849.466
=0.01892718

Lasernet Group AB's return on assets of this year was 0.60982892. Lasernet Group AB's return on assets of last year was 0.01892718. ==> 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.

Lasernet Group AB's current Net Income (TTM) was 496.5. Lasernet Group AB's current Cash Flow from Operations (TTM) was 57.8. ==> 57.8 <= 496.5 ==> CFROA <= ROA ==> Score 0.

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
=1.315/906.8278
=0.00145011

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4.869/831.502
=0.00585567

Lasernet Group AB's gearing of this year was 0.00145011. Lasernet Group AB's gearing of last year was 0.00585567. ==> 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
=869.827/179.218
=4.8534578

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=181.902/300.581
=0.60516799

Lasernet Group AB's current ratio of this year was 4.8534578. Lasernet Group AB's current ratio of last year was 0.60516799. ==> 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.

Lasernet Group AB's number of shares in issue this year was 54.182. Lasernet Group AB's number of shares in issue last year was 54.258. ==> 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
=197.178/321.565
=0.6131824

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=167.329/308.168
=0.5429798

Lasernet Group AB's gross margin of this year was 0.6131824. Lasernet Group AB's gross margin of last year was 0.5429798. ==> 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 (Mar25)
=321.565/814.189
=0.3949513

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=308.168/849.466
=0.3627785

Lasernet Group AB's asset turnover of this year was 0.3949513. Lasernet Group AB's asset turnover of last year was 0.3627785. ==> This year's asset turnover is higher. ==> Score 1.

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+0+1+1+1+1+1
=8

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

Lasernet Group AB has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Lasernet Group AB (CHIX:LASERS) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lasernet Group AB and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Lasernet Group AB's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Lasernet Group AB ranks #37 out of 2743 companies in the Software industry, placing it in the top 1.3%.
Is Lasernet Group AB's Piotroski F-Score too high?
Lasernet Group AB's current Piotroski F-Score of 8 is 33% above 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 8.00. The Software industry median Piotroski F-Score is 5.00. Lasernet Group AB's value of 8 is 60% above this industry median. Based on the distribution chart, Lasernet Group AB ranks #37 out of 2743 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lasernet Group AB has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasernet Group AB's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Lasernet Group AB ranks #37 out of 2743 companies for Piotroski F-Score. This places Lasernet Group AB in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Lasernet Group AB's value of 8 is 60% above this benchmark. Historically, Lasernet Group AB's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lasernet Group 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. Lasernet Group AB's current Piotroski F-Score of 8 is 60% 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 Lasernet Group AB and its competitors. For the Software 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. Lasernet Group AB's current Piotroski F-Score is 8, which is 33% above 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 Lasernet Group AB stock overvalued right now?
Based on GuruFocus' analysis, Lasernet Group AB (CHIX:LASERS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr17.50, compared to a current price of kr29.60 — trading 69.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Software industry median of 5.00. Lasernet Group AB's overall GF Score™ is 58/100 with 9 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 Lasernet Group AB (CHIX:LASERS), the current Piotroski F-Score is 8 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 Lasernet Group AB (CHIX:LASERS) Overvalued in 2026?

Based on GuruFocus' analysis, Lasernet Group AB stock appears to be overvalued. The current stock price of kr29.60 is trading 69.1% above its estimated GF Value™ of kr17.50. GuruFocus considers Lasernet Group AB to be Significantly Overvalued.

Key valuation signals for CHIX:LASERS:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: kr17.50 vs. price of kr29.60 (69.1% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 60% above the Software median (#37 of 2743)

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


Lasernet Group AB Business Description

Address Sveavagen 168, Stockholm, SWE, 104 35
Lasernet Group AB is a Swedish software company specializing in document management and customer communication solutions. Its Lasernet Platform provides document and digital content management solutions. The platform enables users to generate, design, distribute, archive, and retrieve documents, reports, and digital content.
58GF Score

Get the complete analysis for CHIX:LASERS

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

kr29.60
Price
kr17.50
GF Value