ETTYF (Essity AB) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 14% Above Median


ETTYF Essity AB ETTYF
76 GF Score
Price $27.73
GF Value $27.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Essity AB Piotroski F-Score?

Essity AB ETTYF 76 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates ETTYF with a GF Score™ of 76/100 and a GF Value™ of $27.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Essity AB ranks better than 97.7% 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

Essity 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 Essity AB's Piotroski F-Score or its related term are showing as below:

ETTYF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Essity AB was 9. The lowest was 5. And the median was 7.

Essity AB  (OTCPK:ETTYF) 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.


Essity AB Piotroski F-Score Related Terms


Essity AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Essity 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.

Essity AB Piotroski F-Score Chart

Essity 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 7.00 7.00 7.00 7.00

Essity 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 8.00 8.00 7.00 7.00 8.00

ETTYF vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Essity 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.


Essity AB Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essity AB's Piotroski F-Score distribution charts can be found below:

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


ETTYF
76GF Score
Essity AB ETTYF
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 318.175 + 356.461 + 345.187 + 309.857 = $1,330 Mil.
Cash Flow from Operations was 206.531 + 536.558 + 596.331 + 454.965 = $1,794 Mil.
Revenue was 3580.256 + 3695.627 + 3733.254 + 3560.834 = $14,570 Mil.
Gross Profit was 1192.79 + 1237.424 + 1255.824 + 1192.311 = $4,878 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(16899.672 + 17533.567 + 17883.854 + 17982.03 + 19411.089) / 5 = $17942.0424 Mil.
Total Assets at the begining of this year (Mar25) was $16,900 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $6,384 Mil.
Total Current Liabilities was $6,067 Mil.
Net Income was 316.296 + 323.981 + 261.629 + 302.878 = $1,205 Mil.

Revenue was 3491.656 + 3546.192 + 3441.511 + 3451.761 = $13,931 Mil.
Gross Profit was 1144.56 + 1169.42 + 1089.486 + 1131.375 = $4,535 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(17872.504 + 17384.667 + 17635.35 + 16867 + 16899.672) / 5 = $17331.8386 Mil.
Total Assets at the begining of last year (Mar24) was $17,873 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $5,777 Mil.
Total Current Liabilities was $4,361 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.

Essity AB's current Net Income (TTM) was 1,330. ==> 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.

Essity AB's current Cash Flow from Operations (TTM) was 1,794. ==> 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)
=1329.68/16899.672
=0.07868082

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1204.784/17872.504
=0.06740992

Essity AB's return on assets of this year was 0.07868082. Essity AB's return on assets of last year was 0.06740992. ==> 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.

Essity AB's current Net Income (TTM) was 1,330. Essity AB's current Cash Flow from Operations (TTM) was 1,794. ==> 1,794 > 1,330 ==> 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
=0/17942.0424
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/17331.8386
=0

Essity AB's gearing of this year was 0. Essity AB's gearing of last year was 0. ==> 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
=6384.214/6066.737
=1.05233077

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5777.179/4361.085
=1.3247114

Essity AB's current ratio of this year was 1.05233077. Essity AB's current ratio of last year was 1.3247114. ==> 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.

Essity AB's number of shares in issue this year was 681.9. Essity AB's number of shares in issue last year was 693.4. ==> 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
=4878.349/14569.971
=0.33482215

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4534.841/13931.12
=0.32551877

Essity AB's gross margin of this year was 0.33482215. Essity AB's gross margin of last year was 0.32551877. ==> 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)
=14569.971/16899.672
=0.86214519

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=13931.12/17872.504
=0.7794722

Essity AB's asset turnover of this year was 0.86214519. Essity AB's asset turnover of last year was 0.7794722. ==> 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+1+1+0+1+1+1
=8

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

Essity 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?
Essity AB (ETTYF) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Essity AB and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Essity AB's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Essity AB ranks #44 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 2.3%.
Is Essity AB's Piotroski F-Score too high?
Essity AB's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Essity AB's value of 8 is 60% above this industry median. Based on the distribution chart, Essity AB ranks #44 out of 1912 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Essity AB has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Essity AB's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Essity AB ranks #44 out of 1912 companies for Piotroski F-Score. This places Essity AB in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Essity AB's value of 8 is 60% above this benchmark. Historically, Essity AB's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Essity 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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. Essity 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 Essity AB and its competitors. For the Consumer Packaged Goods 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. Essity AB's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essity AB stock overvalued right now?
Based on GuruFocus' analysis, Essity AB (ETTYF) is currently considered Fairly Valued. The stock's GF Value™ is $27.44, compared to a current price of $27.73 — trading 1.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Essity AB's overall GF Score™ is 76/100 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 Essity AB (ETTYF), the current Piotroski F-Score is 8 as of Jun. 25, 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 Essity AB (ETTYF) Overvalued in 2026?

Based on GuruFocus' analysis, Essity AB stock appears to be overvalued. The current stock price of $27.73 is trading 1.1% above its estimated GF Value™ of $27.44. GuruFocus considers Essity AB to be Fairly Valued.

Key valuation signals for ETTYF:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $27.44 vs. price of $27.73 (1.1% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#44 of 1912)

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


Essity AB Business Description

Address Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine care, baby care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for around 8% of net sales. Essity operates in 150 markets and generates 61% of its revenue in Europe.
76GF Score

Get the complete analysis for ETTYF

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

$27.73
Price
$27.44
GF Value