CMMCF (OXE Marine AB) Piotroski F-Score: 1 (As of Jun. 29, 2026) — 75% Below Median


CMMCF OXE Marine AB CMMCF
40 GF Score
Price $0.03
GF Value $0.03
Valuation Fairly Valued
! 6 Warning Signs
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What is OXE Marine AB Piotroski F-Score?

OXE Marine AB CMMCF 40 Piotroski F-Score is 1 as of Jun. 29, 2026, which is 75% below its 10-year median of 4.00. GuruFocus rates CMMCF with a GF Score™ of 40/100 and a GF Value™ of $0.03 (Fairly Valued). The stock has 6 warning signs investors should review. Among 320 Aerospace & Defense companies, OXE Marine AB ranks worse than 98.44% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

OXE Marine AB has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

CMMCF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 1

During the past 11 years, the highest Piotroski F-Score of OXE Marine AB was 6. The lowest was 1. And the median was 4.

OXE Marine AB  (OTCPK:CMMCF) 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.


OXE Marine AB Piotroski F-Score Related Terms


OXE Marine AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OXE Marine 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.

OXE Marine AB Piotroski F-Score Chart

OXE Marine 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 5.00 4.00 3.00 5.00 4.00

OXE Marine 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 6.00 5.00 6.00 4.00 1.00

CMMCF vs SPCX, GE, RTX: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, OXE Marine 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.


OXE Marine AB Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OXE Marine AB's Piotroski F-Score distribution charts can be found below:

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


CMMCF
40GF Score
OXE Marine AB CMMCF
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 -1.003 + -1.789 + -2.547 + -2.728 = $-8.07 Mil.
Cash Flow from Operations was -1.093 + 0.568 + -4.282 + -0.846 = $-5.65 Mil.
Revenue was 6.45 + 4.593 + 3.316 + 1.869 = $16.23 Mil.
Gross Profit was 2.385 + 1.36 + 0.872 + 0.628 = $5.25 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(29.405 + 29.416 + 27.97 + 30.817 + 28.69) / 5 = $29.2596 Mil.
Total Assets at the begining of this year (Mar25) was $29.41 Mil.
Long-Term Debt & Capital Lease Obligation was $4.70 Mil.
Total Current Assets was $17.55 Mil.
Total Current Liabilities was $12.27 Mil.
Net Income was -1.906 + -1.449 + -2.713 + -1.06 = $-7.13 Mil.

Revenue was 4.398 + 4.472 + 3.969 + 4.984 = $17.82 Mil.
Gross Profit was 1.447 + 1.789 + 1.054 + 1.67 = $5.96 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(30.417 + 28.458 + 27.095 + 28.299 + 29.405) / 5 = $28.7348 Mil.
Total Assets at the begining of last year (Mar24) was $30.42 Mil.
Long-Term Debt & Capital Lease Obligation was $4.28 Mil.
Total Current Assets was $17.26 Mil.
Total Current Liabilities was $6.44 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.

OXE Marine AB's current Net Income (TTM) was -8.07. ==> Negative ==> Score 0.

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.

OXE Marine AB's current Cash Flow from Operations (TTM) was -5.65. ==> 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)
=-8.067/29.405
=-0.2743411

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-7.128/30.417
=-0.23434264

OXE Marine AB's return on assets of this year was -0.2743411. OXE Marine AB's return on assets of last year was -0.23434264. ==> 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.

OXE Marine AB's current Net Income (TTM) was -8.07. OXE Marine AB's current Cash Flow from Operations (TTM) was -5.65. ==> -5.65 > -8.07 ==> 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
=4.698/29.2596
=0.16056269

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4.283/28.7348
=0.14905272

OXE Marine AB's gearing of this year was 0.16056269. OXE Marine AB's gearing of last year was 0.14905272. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=17.545/12.268
=1.43014346

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=17.262/6.441
=2.68001863

OXE Marine AB's current ratio of this year was 1.43014346. OXE Marine AB's current ratio of last year was 2.68001863. ==> 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.

OXE Marine AB's number of shares in issue this year was 767.167. OXE Marine AB's number of shares in issue last year was 693.04. ==> 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
=5.245/16.228
=0.3232068

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.96/17.823
=0.33439937

OXE Marine AB's gross margin of this year was 0.3232068. OXE Marine AB's gross margin of last year was 0.33439937. ==> 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)
=16.228/29.405
=0.55187893

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=17.823/30.417
=0.58595522

OXE Marine AB's asset turnover of this year was 0.55187893. OXE Marine AB's asset turnover of last year was 0.58595522. ==> 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
=0+0+0+1+0+0+0+0+0
=1

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

OXE Marine AB has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
OXE Marine AB (CMMCF) has a Piotroski F-Score of 1 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OXE Marine AB and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, OXE Marine AB's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, OXE Marine AB ranks #315 out of 320 companies in the Aerospace & Defense industry, placing it in the top 98.4%.
Is OXE Marine AB's Piotroski F-Score too high?
OXE Marine AB's current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. OXE Marine AB's value of 1 is 80% below this industry median. Based on the distribution chart, OXE Marine AB ranks #315 out of 320 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, OXE Marine AB has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OXE Marine AB's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, OXE Marine AB ranks #315 out of 320 companies for Piotroski F-Score. This places OXE Marine AB in the lower half of its industry. The industry median Piotroski F-Score is 5.00. OXE Marine AB's value of 1 is 80% below this benchmark. Historically, OXE Marine AB's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, OXE Marine AB has consistently been below 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 Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 320 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. OXE Marine AB's current Piotroski F-Score of 1 is 80% below 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 OXE Marine AB and its competitors. For the Aerospace & Defense 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. OXE Marine AB's current Piotroski F-Score is 1, which is 75% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OXE Marine AB stock overvalued right now?
Based on GuruFocus' analysis, OXE Marine AB (CMMCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading right at its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Aerospace & Defense industry median of 5.00. OXE Marine AB's overall GF Score™ is 40/100 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 OXE Marine AB (CMMCF), the current Piotroski F-Score is 1 as of Jun. 29, 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 OXE Marine AB (CMMCF) Overvalued in 2026?

Based on GuruFocus' analysis, OXE Marine AB stock appears to be undervalued. The current stock price of $0.03 is trading 0% below its estimated GF Value™ of $0.03. GuruFocus considers OXE Marine AB to be Fairly Valued.

Key valuation signals for CMMCF:

  • Piotroski F-Score: 1 (75% below median its 10-year median of 4.00)
  • GF Value™: $0.03 vs. price of $0.03 (0% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 80% below the Aerospace & Defense median (#315 of 320)

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


OXE Marine AB Business Description

Other Exchanges OXE:Sweden
Address Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72
OXE Marine AB engines are based on marinized automotive engines, enabling end users to reduce emissions compared to conventional gasoline engines. It also allows customers in certain regions to operate on fossil-free diesel alternatives, such as HVO100, significantly lowering their environmental impact. The company's product line includes the OXE300, OXE300 Jet-Tech, OXE250, OXE225, OXE175, and OXE200.
40GF Score

Get the complete analysis for CMMCF

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

$0.03
Price
$0.03
GF Value