Cyber Security 1 AB (FRA:7CS) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


What is Cyber Security 1 AB Piotroski F-Score?

Cyber Security 1 AB FRA:7CS Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. The stock has 7 warning signs investors should review. Among 2,742 Software companies, Cyber Security 1 AB ranks worse than 59.88% 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

Cyber Security 1 AB has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Cyber Security 1 AB's Piotroski F-Score or its related term are showing as below:

FRA:7CS' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 12 years, the highest Piotroski F-Score of Cyber Security 1 AB was 6. The lowest was 1. And the median was 4.

Cyber Security 1 AB  (FRA:7CS) 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.


Cyber Security 1 AB Piotroski F-Score Related Terms


Cyber Security 1 AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cyber Security 1 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.

Cyber Security 1 AB Piotroski F-Score Chart

Cyber Security 1 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 0.00 4.00 1.00 4.00

Cyber Security 1 AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.00 2.00 4.00

FRA:7CS vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Cyber Security 1 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.


Cyber Security 1 AB Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Cyber Security 1 AB's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Cyber Security 1 AB's Piotroski F-Score falls into.


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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €-2.10 Mil.
Cash Flow from Operations was €8.22 Mil.
Revenue was €36.96 Mil.
Gross Profit was €8.17 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (23.09 + 17.977) / 2 = €20.5335 Mil.
Total Assets at the begining of this year (Dec24) was €23.09 Mil.
Long-Term Debt & Capital Lease Obligation was €6.75 Mil.
Total Current Assets was €11.50 Mil.
Total Current Liabilities was €16.77 Mil.
Net Income was €-3.87 Mil.

Revenue was €50.06 Mil.
Gross Profit was €10.35 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (25.59 + 23.09) / 2 = €24.34 Mil.
Total Assets at the begining of last year (Dec23) was €25.59 Mil.
Long-Term Debt & Capital Lease Obligation was €5.95 Mil.
Total Current Assets was €16.39 Mil.
Total Current Liabilities was €19.68 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.

Cyber Security 1 AB's current Net Income (TTM) was -2.10. ==> 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.

Cyber Security 1 AB's current Cash Flow from Operations (TTM) was 8.22. ==> 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 (Dec24)
=-2.099/23.09
=-0.09090515

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-3.867/25.59
=-0.15111372

Cyber Security 1 AB's return on assets of this year was -0.09090515. Cyber Security 1 AB's return on assets of last year was -0.15111372. ==> 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.

Cyber Security 1 AB's current Net Income (TTM) was -2.10. Cyber Security 1 AB's current Cash Flow from Operations (TTM) was 8.22. ==> 8.22 > -2.10 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=6.748/20.5335
=0.3286337

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=5.952/24.34
=0.24453574

Cyber Security 1 AB's gearing of this year was 0.3286337. Cyber Security 1 AB's gearing of last year was 0.24453574. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=11.498/16.765
=0.68583358

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=16.393/19.68
=0.83297764

Cyber Security 1 AB's current ratio of this year was 0.68583358. Cyber Security 1 AB's current ratio of last year was 0.83297764. ==> 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.

Cyber Security 1 AB's number of shares in issue this year was 1104.737. Cyber Security 1 AB's number of shares in issue last year was 1074.167. ==> 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
=8.167/36.964
=0.2209447

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10.354/50.058
=0.20684007

Cyber Security 1 AB's gross margin of this year was 0.2209447. Cyber Security 1 AB's gross margin of last year was 0.20684007. ==> 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 (Dec24)
=36.964/23.09
=1.60086618

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=50.058/25.59
=1.95615475

Cyber Security 1 AB's asset turnover of this year was 1.60086618. Cyber Security 1 AB's asset turnover of last year was 1.95615475. ==> 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+1+1+1+0+0+0+1+0
=4

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

Cyber Security 1 AB has an F-score of 4 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 4 mean?
Cyber Security 1 AB (FRA:7CS) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cyber Security 1 AB and its competitors. This is near median its historical median of 4.00. Over the past decade, Cyber Security 1 AB's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Cyber Security 1 AB ranks #1642 out of 2742 companies in the Software industry, placing it in the top 59.9%.
Is Cyber Security 1 AB's Piotroski F-Score too high?
Cyber Security 1 AB's current Piotroski F-Score of 4 is near 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 Software industry median Piotroski F-Score is 5.00. Cyber Security 1 AB's value of 4 is 20% below this industry median. Based on the distribution chart, Cyber Security 1 AB ranks #1642 out of 2742 companies in the Software industry, which is below the industry midpoint.
How does Cyber Security 1 AB's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Cyber Security 1 AB ranks #1642 out of 2742 companies for Piotroski F-Score. This places Cyber Security 1 AB in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Cyber Security 1 AB's value of 4 is 20% below this benchmark. Historically, Cyber Security 1 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, Cyber Security 1 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 a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. Cyber Security 1 AB's current Piotroski F-Score of 4 is 20% 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 Cyber Security 1 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. Cyber Security 1 AB's current Piotroski F-Score is 4, which is near 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 Cyber Security 1 AB stock overvalued right now?
Cyber Security 1 AB (FRA:7CS) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Software industry median of 5.00. 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 Cyber Security 1 AB (FRA:7CS), the current Piotroski F-Score is 4 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.

Cyber Security 1 AB Business Description

Address Cyber Security 1 AB, Box 70396, Stockholm, SWE, 107 24
Cyber Security 1 AB is a Sweden-based company engaged in providing governance, risk, and compliance cybersecurity solutions. It offers payments, communications, networks, and e-commerce security. The operating segments of the firm are Distribution, Advisory Solutions, MSSP/(Managed Services), and others. The majority of the revenue comes from the Advisory Solutions segment which provides services like legal compliance, installation and integration of various cybersecurity system components, and in general, serves as outsourced staff that can be employed as needed, on-demand. Geographically, the company derives a majority of its revenue from Africa and the rest from the Middle East, Europe, and other markets.