Dlaboratory Sweden AB (FRA:6H6) Piotroski F-Score: 8 (As of Jul. 16, 2026) — 60% Above Median

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FRA:6H6 Dlaboratory Sweden AB FRA:6H6
76 GF Score
Price €0.17
GF Value €0.16
! 4 Warning Signs
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What is Dlaboratory Sweden AB Piotroski F-Score?

Dlaboratory Sweden AB FRA:6H6 +1.20% 76 Piotroski F-Score is 8 as of Jul. 16, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates FRA:6H6 with a GF Score™ of 76/100 and a GF Value™ of €0.16. The stock has 4 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Dlaboratory Sweden AB ranks better than 99.04% 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

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

FRA:6H6' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 8

During the past 7 years, the highest Piotroski F-Score of Dlaboratory Sweden AB was 8. The lowest was 2. And the median was 5.

Dlaboratory Sweden AB  (FRA:6H6) 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.


Dlaboratory Sweden AB Piotroski F-Score Related Terms


Dlaboratory Sweden AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dlaboratory Sweden 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.

Dlaboratory Sweden AB Piotroski F-Score Chart

Dlaboratory Sweden AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 2.00 3.00 6.00 5.00

Dlaboratory Sweden 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 5.00 5.00 6.00 5.00 8.00

Dlaboratory Sweden AB Piotroski F-Score Competitor Comparison

For the Utilities - Renewable subindustry, Dlaboratory Sweden 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.


Dlaboratory Sweden AB Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dlaboratory Sweden AB's Piotroski F-Score distribution charts can be found below:

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


FRA:6H6
76GF Score
Dlaboratory Sweden AB FRA:6H6
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 -0.131 + -0.118 + 0.025 + 1.85 = €1.63 Mil.
Cash Flow from Operations was -0.464 + 0.048 + 0.477 + 1.505 = €1.57 Mil.
Revenue was 1.13 + 0.994 + 1.29 + 0.275 = €3.69 Mil.
Gross Profit was 1.062 + 0.941 + 1.17 + 0.301 = €3.47 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1.861 + 1.727 + 1.513 + 1.913 + 4.314) / 5 = €2.2656 Mil.
Total Assets at the begining of this year (Mar25) was €1.86 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €3.94 Mil.
Total Current Liabilities was €0.99 Mil.
Net Income was -0.158 + -0.052 + 0.025 + -0.285 = €-0.47 Mil.

Revenue was 1.059 + 1.247 + 1.173 + 0.175 = €3.65 Mil.
Gross Profit was 0.988 + 1.05 + 1.029 + 0.201 = €3.27 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2.48 + 2.311 + 2.292 + 2.143 + 1.861) / 5 = €2.2174 Mil.
Total Assets at the begining of last year (Mar24) was €2.48 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €1.41 Mil.
Total Current Liabilities was €1.27 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.

Dlaboratory Sweden AB's current Net Income (TTM) was 1.63. ==> 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.

Dlaboratory Sweden AB's current Cash Flow from Operations (TTM) was 1.57. ==> 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)
=1.626/1.861
=0.8737238

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.47/2.48
=-0.18951613

Dlaboratory Sweden AB's return on assets of this year was 0.8737238. Dlaboratory Sweden AB's return on assets of last year was -0.18951613. ==> 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.

Dlaboratory Sweden AB's current Net Income (TTM) was 1.63. Dlaboratory Sweden AB's current Cash Flow from Operations (TTM) was 1.57. ==> 1.57 <= 1.63 ==> 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
=0/2.2656
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2.2174
=0

Dlaboratory Sweden AB's gearing of this year was 0. Dlaboratory Sweden 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
=3.944/0.986
=4

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1.414/1.274
=1.10989011

Dlaboratory Sweden AB's current ratio of this year was 4. Dlaboratory Sweden AB's current ratio of last year was 1.10989011. ==> 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.

Dlaboratory Sweden AB's number of shares in issue this year was 16.945. Dlaboratory Sweden AB's number of shares in issue last year was 16.945. ==> 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
=3.474/3.689
=0.94171862

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.268/3.654
=0.89436234

Dlaboratory Sweden AB's gross margin of this year was 0.94171862. Dlaboratory Sweden AB's gross margin of last year was 0.89436234. ==> 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)
=3.689/1.861
=1.9822676

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3.654/2.48
=1.4733871

Dlaboratory Sweden AB's asset turnover of this year was 1.9822676. Dlaboratory Sweden AB's asset turnover of last year was 1.4733871. ==> 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

Dlaboratory Sweden 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?
Dlaboratory Sweden AB (FRA:6H6) has a Piotroski F-Score of 8 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dlaboratory Sweden AB and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Dlaboratory Sweden AB's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Dlaboratory Sweden AB ranks #4 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 1%.
Is Dlaboratory Sweden AB's Piotroski F-Score too high?
Dlaboratory Sweden AB's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Dlaboratory Sweden AB's value of 8 is 60% above this industry median. Based on the distribution chart, Dlaboratory Sweden AB ranks #4 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Dlaboratory Sweden AB has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Dlaboratory Sweden AB's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Dlaboratory Sweden AB ranks #4 out of 417 companies for Piotroski F-Score. This places Dlaboratory Sweden AB in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Dlaboratory Sweden AB's value of 8 is 60% above this benchmark. Historically, Dlaboratory Sweden AB's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Dlaboratory Sweden 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 an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 417 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. Dlaboratory Sweden 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 Dlaboratory Sweden AB and its competitors. For the Utilities - Independent Power Producers 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. Dlaboratory Sweden AB's current Piotroski F-Score is 8, which is 60% 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 Dlaboratory Sweden AB stock overvalued right now?
Dlaboratory Sweden AB (FRA:6H6) has a current Piotroski F-Score of 8. The stock's GF Value™ is €0.16, compared to a current price of €0.17 — trading 5% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Utilities - Independent Power Producers industry median of 5.00. Dlaboratory Sweden AB's overall GF Score™ is 76/100 with 4 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 Dlaboratory Sweden AB (FRA:6H6), the current Piotroski F-Score is 8 as of Jul. 16, 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 Dlaboratory Sweden AB (FRA:6H6) Overvalued in 2026?

Based on GuruFocus' analysis, Dlaboratory Sweden AB stock appears to be overvalued. The current stock price of €0.17 is trading 5% above its estimated GF Value™ of €0.16.

Key valuation signals for FRA:6H6:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: €0.16 vs. price of €0.17 (5% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 60% above the Utilities - Independent Power Producers median (#4 of 417)

No single metric tells the full story. See the FRA:6H6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dlaboratory Sweden AB Business Description

Other Exchanges DLAB:Sweden
Address Ideongatan 3A, Lund, SWE, 223 62
Dlaboratory Sweden AB is an energy technology company. It is engaged in offering an intelligent analytics service to help build the future electrical grid.
76GF Score

Get the complete analysis for FRA:6H6

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

€0.17
Price
€0.16
GF Value