Haypp Group ABFRA:8QG0 +0.65%82 Piotroski F-Score is 5 as of Jul. 05, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates FRA:8QG0 with a GF Score™ of 82/100 and a GF Value™ of €9.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 48 Tobacco Products companies, Haypp Group AB ranks better than 54.17% 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
Haypp Group AB 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 Haypp Group AB's Piotroski F-Score or its related term are showing as below:
FRA:8QG0'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 8
Current: 5
During the past 9 years, the highest Piotroski F-Score of Haypp Group AB was 8. The lowest was 3. And the median was 7.
Haypp Group AB (FRA:8QG0) 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.
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.
Haypp Group AB Piotroski F-Score Related Terms
Haypp Group AB Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Haypp Group 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.
FRA:8QG0 vs PM, MO, TPB: Piotroski F-Score Comparison
For the Tobacco subindustry, Haypp Group 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.
Haypp Group AB Piotroski F-Score vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Haypp Group AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Haypp Group AB's Piotroski F-Score falls into.
* 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.
*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.
Haypp Group AB's current Net Income (TTM) was 1.5.
==> 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.
Haypp Group AB's return on assets of this year was 0.01446222. Haypp Group AB's return on assets of last year was 0.0600376.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Haypp Group AB's gearing of this year was 0.05403519. Haypp Group AB's gearing of last year was 0.06011904.
==> 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
Haypp Group AB's current ratio of this year was 1.21638172. Haypp Group AB's current ratio of last year was 1.30930639.
==> 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.
Haypp Group AB's number of shares in issue this year was 31.268. Haypp Group AB's number of shares in issue last year was 30.896.
==> 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.
Haypp Group AB's gross margin of this year was 0.19451716. Haypp Group AB's gross margin of last year was 0.16998.
==> 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
Haypp Group AB's asset turnover of this year was 3.52171716. Haypp Group AB's asset turnover of last year was 3.55125436.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Haypp Group AB has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Haypp Group AB (FRA:8QG0) has a Piotroski F-Score of 5 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Haypp Group AB and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Haypp Group AB's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Haypp Group AB ranks #22 out of 48 companies in the Tobacco Products industry, placing it in the top 45.8%.
Is Haypp Group AB's Piotroski F-Score too high?
Haypp Group AB's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Tobacco Products industry median Piotroski F-Score is 5.00. Haypp Group AB's value of 5 is 0% at this industry median. Based on the distribution chart, Haypp Group AB ranks #22 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Haypp Group AB has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Haypp Group AB's Piotroski F-Score compare to PM and MO?
According to the Tobacco Products industry distribution chart, Haypp Group AB ranks #22 out of 48 companies for Piotroski F-Score. This puts Haypp Group AB in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Haypp Group AB's value of 5 is 0% at this benchmark. Historically, Haypp Group AB's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Haypp Group AB 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 a Tobacco Products company?
The median Piotroski F-Score among Tobacco Products companies is 5.00, based on 48 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. Haypp Group AB'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 Haypp Group AB and its competitors. For the Tobacco 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. Haypp Group AB's current Piotroski F-Score is 5, which is 29% below 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 Haypp Group AB stock overvalued right now?
Based on GuruFocus' analysis, Haypp Group AB (FRA:8QG0) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.23, compared to a current price of €12.34 — trading 33.7% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Tobacco Products industry median of 5.00. Haypp Group AB's overall GF Score™ is 82/100 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 Haypp Group AB (FRA:8QG0), the current Piotroski F-Score is 5 as of Jul. 05, 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 Haypp Group AB (FRA:8QG0) Overvalued in 2026?
Based on GuruFocus' analysis, Haypp Group AB stock appears to be overvalued.
The current stock price of €12.34 is trading 33.7% above its estimated GF Value™ of €9.23.
GuruFocus considers Haypp Group AB to be Significantly Overvalued.
Key valuation signals for FRA:8QG0:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: €9.23 vs. price of €12.34 (33.7% above fair value)
Industry Position: 0% at the Tobacco Products median (#22 of 48)
No single metric tells the full story. See the FRA:8QG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haypp Group AB is engaged in the business of selling nicotine pouches and snus online in eight countries across Europe and in the United states. The company has operating segments namely, Core, Growth, Emerging, and Parent/Other. Core, which derives maximum revenue consists of the main markets, Sweden and Norway. Growth consists of the emerging markets which are USA, UK, Germany, Austria and Switzerland. Emerging consists of sales of oral nicotine products as well as marketing space and marketing research regarding vape category in Sweden and Germany.
82GF Score
Get the complete analysis for FRA:8QG0
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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