Tura Group AB (FRA:8WO) Piotroski F-Score: 8 (As of Aug. 03, 2026) — 33% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:8WO Tura Group AB FRA:8WO
59 GF Score
Price €0.39
GF Value €0.44
! 4 Warning Signs
View Full Analysis

What is Tura Group AB Piotroski F-Score?

Tura Group AB FRA:8WO +3.72% 59 Piotroski F-Score is 8 as of Aug. 03, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FRA:8WO with a GF Score™ of 59/100 and a GF Value™ of €0.44. The stock has 4 warning signs investors should review. Among 151 Industrial Distribution companies, Tura Group AB ranks better than 96.03% 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

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

FRA:8WO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 5 years, the highest Piotroski F-Score of Tura Group AB was 8. The lowest was 3. And the median was 6.

Tura Group AB  (FRA:8WO) 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.


Tura Group AB Piotroski F-Score Related Terms


Tura Group AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tura 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.

Tura Group AB Piotroski F-Score Chart

Tura Group AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00 5.00 7.00

Tura Group 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 4.00 6.00 6.00 7.00 8.00

FRA:8WO vs GWW, FAST, FERG: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, Tura 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.


Tura Group AB Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Tura Group AB's Piotroski F-Score distribution charts can be found below:

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


FRA:8WO
59GF Score
Tura Group AB FRA:8WO
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 -0.138 + 0.505 + 0.591 + 0.1 = €1.06 Mil.
Cash Flow from Operations was -1.167 + 0.172 + 4.206 + 0.678 = €3.89 Mil.
Revenue was 19.9 + 22.418 + 29.155 + 22.813 = €94.29 Mil.
Gross Profit was 4.088 + 4.538 + 5.683 + 4.703 = €19.01 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(46.708 + 51.896 + 54.194 + 55.371 + 54.011) / 5 = €52.436 Mil.
Total Assets at the begining of this year (Mar25) was €46.71 Mil.
Long-Term Debt & Capital Lease Obligation was €0.51 Mil.
Total Current Assets was €50.32 Mil.
Total Current Liabilities was €27.64 Mil.
Net Income was -0.269 + 0.227 + 0.956 + -0.487 = €0.43 Mil.

Revenue was 16.632 + 17.735 + 20.472 + 17.413 = €72.25 Mil.
Gross Profit was 2.924 + 3.248 + 4.549 + 2.96 = €13.68 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(46.07 + 43.97 + 44.765 + 45.093 + 46.708) / 5 = €45.3212 Mil.
Total Assets at the begining of last year (Mar24) was €46.07 Mil.
Long-Term Debt & Capital Lease Obligation was €1.51 Mil.
Total Current Assets was €42.52 Mil.
Total Current Liabilities was €20.16 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.

Tura Group AB's current Net Income (TTM) was 1.06. ==> 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.

Tura Group AB's current Cash Flow from Operations (TTM) was 3.89. ==> 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)
=1.058/46.708
=0.02265137

ROA (Last Year)=Net Income/Total Assets (Mar24)
=0.427/46.07
=0.0092685

Tura Group AB's return on assets of this year was 0.02265137. Tura Group AB's return on assets of last year was 0.0092685. ==> 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.

Tura Group AB's current Net Income (TTM) was 1.06. Tura Group AB's current Cash Flow from Operations (TTM) was 3.89. ==> 3.89 > 1.06 ==> 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
=0.511/52.436
=0.00974521

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.506/45.3212
=0.03322948

Tura Group AB's gearing of this year was 0.00974521. Tura Group AB's gearing of last year was 0.03322948. ==> 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
=50.322/27.638
=1.82075403

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=42.518/20.162
=2.10881857

Tura Group AB's current ratio of this year was 1.82075403. Tura Group AB's current ratio of last year was 2.10881857. ==> 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.

Tura Group AB's number of shares in issue this year was 49.231. Tura Group AB's number of shares in issue last year was 49.231. ==> 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
=19.012/94.286
=0.20164181

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13.681/72.252
=0.18935116

Tura Group AB's gross margin of this year was 0.20164181. Tura Group AB's gross margin of last year was 0.18935116. ==> 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)
=94.286/46.708
=2.01862636

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=72.252/46.07
=1.56830909

Tura Group AB's asset turnover of this year was 2.01862636. Tura Group AB's asset turnover of last year was 1.56830909. ==> 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

Tura Group 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?
Tura Group AB (FRA:8WO) has a Piotroski F-Score of 8 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tura Group AB and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Tura Group AB's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Tura Group AB ranks #6 out of 151 companies in the Industrial Distribution industry, placing it in the top 4%.
Is Tura Group AB's Piotroski F-Score too high?
Tura Group AB's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Tura Group AB's value of 8 is 33.3% above this industry median. Based on the distribution chart, Tura Group AB ranks #6 out of 151 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Tura Group AB has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Tura Group AB's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Tura Group AB ranks #6 out of 151 companies for Piotroski F-Score. This places Tura Group AB in the top 4% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Tura Group AB's value of 8 is 33.3% above this benchmark. Historically, Tura 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 6.00 vs. the industry median of 6.00, Tura Group 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 Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 151 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. Tura Group AB's current Piotroski F-Score of 8 is 33.3% 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 Tura Group AB and its competitors. For the Industrial Distribution industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tura Group AB's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tura Group AB stock overvalued right now?
Tura Group AB (FRA:8WO) has a current Piotroski F-Score of 8. The stock's GF Value™ is €0.44, compared to a current price of €0.39 — trading 11.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Industrial Distribution industry median of 6.00. Tura Group AB's overall GF Score™ is 59/100 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 Tura Group AB (FRA:8WO), the current Piotroski F-Score is 8 as of Aug. 03, 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 Tura Group AB (FRA:8WO) Overvalued in 2026?

Based on GuruFocus' analysis, Tura Group AB stock appears to be undervalued. The current stock price of €0.39 is trading 11.4% below its estimated GF Value™ of €0.44.

Key valuation signals for FRA:8WO:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: €0.44 vs. price of €0.39 (11.4% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 33.3% above the Industrial Distribution median (#6 of 151)

No single metric tells the full story. See the FRA:8WO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tura Group AB Business Description

Other Exchanges TURA:Sweden
Address Energigatan 15B, KUNGSBACKA, SWE, 434 37
Tura Group AB operates as a Nordic distributor mainly in Denmark, Finland, Norway and Sweden. It offers retailers accessories within the area consumer electronics, audio, video, mobile, computer, photo, gaming, tv. baby and home appliances and also have a business volume within professional photo, video and graphics.
59GF Score

Get the complete analysis for FRA:8WO

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

€0.39
Price
€0.44
GF Value