Raute Oyj (CHIX:RAUTEH) Piotroski F-Score: 5 (As of Jun. 27, 2026) — Near Median


CHIX:RAUTEH Raute Oyj CHIX:RAUTEH
65 GF Score
Price €19.14
GF Value €13.17
! 6 Warning Signs
View Full Analysis

What is Raute Oyj Piotroski F-Score?

Raute Oyj CHIX:RAUTEH 65 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates CHIX:RAUTEH with a GF Score™ of 65/100 and a GF Value™ of €13.17. The stock has 6 warning signs investors should review. Among 2,979 Industrial Products companies, Raute Oyj ranks better than 56.63% 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

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

CHIX:RAUTEh' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Raute Oyj was 8. The lowest was 1. And the median was 5.

Raute Oyj  (CHIX:RAUTEh) 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.


Raute Oyj Piotroski F-Score Related Terms


Raute Oyj Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Raute Oyj'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.

Raute Oyj Piotroski F-Score Chart

Raute Oyj 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 4.00 2.00 8.00 6.00 6.00

Raute Oyj 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 6.00 8.00 6.00 6.00 5.00

CHIX:RAUTEH vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Raute Oyj'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.


Raute Oyj Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Raute Oyj's Piotroski F-Score distribution charts can be found below:

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


CHIX:RAUTEH
65GF Score
Raute Oyj CHIX:RAUTEH
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 1.194 + 3.924 + 3.587 + 2.242 = €10.9 Mil.
Cash Flow from Operations was -21.211 + -0.657 + 12.677 + -5.337 = €-14.5 Mil.
Revenue was 43.78 + 43.665 + 36.2 + 33.469 = €157.1 Mil.
Gross Profit was 22.673 + 23.344 + 24.23 + 20.98 = €91.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(134.994 + 101.013 + 96.689 + 107.336 + 103.261) / 5 = €108.6586 Mil.
Total Assets at the begining of this year (Mar25) was €135.0 Mil.
Long-Term Debt & Capital Lease Obligation was €1.2 Mil.
Total Current Assets was €79.8 Mil.
Total Current Liabilities was €40.6 Mil.
Net Income was 3.427 + 4.465 + 2.952 + 4.241 = €15.1 Mil.

Revenue was 57.051 + 46.373 + 56.476 + 51.894 = €211.8 Mil.
Gross Profit was 25.434 + 25.608 + 28.735 + 26.691 = €106.5 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(135.488 + 128.302 + 142.01 + 136.001 + 134.994) / 5 = €135.359 Mil.
Total Assets at the begining of last year (Mar24) was €135.5 Mil.
Long-Term Debt & Capital Lease Obligation was €4.0 Mil.
Total Current Assets was €106.7 Mil.
Total Current Liabilities was €77.2 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.

Raute Oyj's current Net Income (TTM) was 10.9. ==> 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.

Raute Oyj's current Cash Flow from Operations (TTM) was -14.5. ==> Negative ==> Score 0.

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)
=10.947/134.994
=0.08109249

ROA (Last Year)=Net Income/Total Assets (Mar24)
=15.085/135.488
=0.11133827

Raute Oyj's return on assets of this year was 0.08109249. Raute Oyj's return on assets of last year was 0.11133827. ==> 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.

Raute Oyj's current Net Income (TTM) was 10.9. Raute Oyj's current Cash Flow from Operations (TTM) was -14.5. ==> -14.5 <= 10.9 ==> 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
=1.178/108.6586
=0.0108413

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3.95/135.359
=0.02918166

Raute Oyj's gearing of this year was 0.0108413. Raute Oyj's gearing of last year was 0.02918166. ==> 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
=79.84/40.597
=1.96664778

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=106.727/77.154
=1.38329834

Raute Oyj's current ratio of this year was 1.96664778. Raute Oyj's current ratio of last year was 1.38329834. ==> 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.

Raute Oyj's number of shares in issue this year was 6.221. Raute Oyj's number of shares in issue last year was 6.345. ==> 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
=91.227/157.114
=0.58064208

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=106.468/211.794
=0.50269602

Raute Oyj's gross margin of this year was 0.58064208. Raute Oyj's gross margin of last year was 0.50269602. ==> 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)
=157.114/134.994
=1.16385913

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=211.794/135.488
=1.56319379

Raute Oyj's asset turnover of this year was 1.16385913. Raute Oyj's asset turnover of last year was 1.56319379. ==> 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+0+0+0+1+1+1+1+0
=5

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

Raute Oyj 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?
Raute Oyj (CHIX:RAUTEH) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Raute Oyj and its competitors. This is near median its historical median of 5.00. Over the past decade, Raute Oyj's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Raute Oyj ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Raute Oyj's Piotroski F-Score too high?
Raute Oyj'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 1.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Raute Oyj's value of 5 is 0% at this industry median. Based on the distribution chart, Raute Oyj ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Raute Oyj has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Raute Oyj's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Raute Oyj ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Raute Oyj in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Raute Oyj's value of 5 is 0% at this benchmark. Historically, Raute Oyj's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Raute Oyj 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Raute Oyj'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 Raute Oyj and its competitors. For the Industrial Products 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. Raute Oyj'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 Raute Oyj stock overvalued right now?
Raute Oyj (CHIX:RAUTEH) has a current Piotroski F-Score of 5. The stock's GF Value™ is €13.17, compared to a current price of €19.14 — trading 45.3% 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 Industrial Products industry median of 5.00. Raute Oyj's overall GF Score™ is 65/100 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 Raute Oyj (CHIX:RAUTEH), the current Piotroski F-Score is 5 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 Raute Oyj (CHIX:RAUTEH) Overvalued in 2026?

Based on GuruFocus' analysis, Raute Oyj stock appears to be overvalued. The current stock price of €19.14 is trading 45.3% above its estimated GF Value™ of €13.17.

Key valuation signals for CHIX:RAUTEH:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: €13.17 vs. price of €19.14 (45.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 0% at the Industrial Products median (#1292 of 2979)

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


Raute Oyj Business Description

Address Rautetie 2, P.O. Box 69, Nastola, FIN, FI-15551
Raute Oyj is a technology and service company serving the wood products industry. The firm's products and services include plywood and veneer technology, Laminated Veneer Lumber technology, Mecano solutions, and others. It generates revenue from technology services, project deliveries LVL, and project deliveries, of plywood. Geographically, The company has its operational footprints in Africa, South America, Europe, North America, and Asia Pacific areas.
65GF Score

Get the complete analysis for CHIX:RAUTEH

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

€19.14
Price
€13.17
GF Value