Devyser Diagnostics AB (FRA:OL0) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 75% Above Median


FRA:OL0 Devyser Diagnostics AB FRA:OL0
77 GF Score
Price €7.69
GF Value €14.07
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Devyser Diagnostics AB Piotroski F-Score?

Devyser Diagnostics AB FRA:OL0 +1.32% 77 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates FRA:OL0 with a GF Score™ of 77/100 and a GF Value™ of €14.07 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Devyser Diagnostics AB ranks better than 92.42% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Devyser Diagnostics AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

FRA:OL0' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 7

During the past 9 years, the highest Piotroski F-Score of Devyser Diagnostics AB was 7. The lowest was 2. And the median was 4.

Devyser Diagnostics AB  (FRA:OL0) 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.


Devyser Diagnostics AB Piotroski F-Score Related Terms


Devyser Diagnostics AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Devyser Diagnostics 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.

Devyser Diagnostics AB Piotroski F-Score Chart

Devyser Diagnostics AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only N/A 4.00 2.00 4.00 6.00

Devyser Diagnostics 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 5.00 6.00 6.00 7.00

FRA:OL0 vs ABT, SYK, MDT: Piotroski F-Score Comparison

For the Medical Devices subindustry, Devyser Diagnostics 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.


Devyser Diagnostics AB Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Devyser Diagnostics AB's Piotroski F-Score distribution charts can be found below:

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


FRA:OL0
77GF Score
Devyser Diagnostics AB FRA:OL0
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 0.118 + -0.255 + 1.25 + 0.269 = €1.38 Mil.
Cash Flow from Operations was 0.209 + -0.045 + 1.075 + 1.123 = €2.36 Mil.
Revenue was 6.12 + 5.127 + 6.616 + 5.737 = €23.60 Mil.
Gross Profit was 5.158 + 3.845 + 5.256 + 4.688 = €18.95 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(41.463 + 41.869 + 41.806 + 43.162 + 43.644) / 5 = €42.3888 Mil.
Total Assets at the begining of this year (Mar25) was €41.46 Mil.
Long-Term Debt & Capital Lease Obligation was €3.28 Mil.
Total Current Assets was €18.49 Mil.
Total Current Liabilities was €6.37 Mil.
Net Income was -2.029 + -2.044 + -0.278 + -1.871 = €-6.22 Mil.

Revenue was 4.713 + 4.29 + 5.581 + 5.003 = €19.59 Mil.
Gross Profit was 3.667 + 3.101 + 4.712 + 4.163 = €15.64 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(43.882 + 43.389 + 40.774 + 41.191 + 41.463) / 5 = €42.1398 Mil.
Total Assets at the begining of last year (Mar24) was €43.88 Mil.
Long-Term Debt & Capital Lease Obligation was €3.94 Mil.
Total Current Assets was €20.04 Mil.
Total Current Liabilities was €6.76 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.

Devyser Diagnostics AB's current Net Income (TTM) was 1.38. ==> 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.

Devyser Diagnostics AB's current Cash Flow from Operations (TTM) was 2.36. ==> 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)
=1.382/41.463
=0.03333092

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-6.222/43.882
=-0.14178934

Devyser Diagnostics AB's return on assets of this year was 0.03333092. Devyser Diagnostics AB's return on assets of last year was -0.14178934. ==> 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.

Devyser Diagnostics AB's current Net Income (TTM) was 1.38. Devyser Diagnostics AB's current Cash Flow from Operations (TTM) was 2.36. ==> 2.36 > 1.38 ==> 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
=3.277/42.3888
=0.07730816

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3.944/42.1398
=0.09359323

Devyser Diagnostics AB's gearing of this year was 0.07730816. Devyser Diagnostics AB's gearing of last year was 0.09359323. ==> 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
=18.494/6.369
=2.90375255

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=20.038/6.755
=2.96639526

Devyser Diagnostics AB's current ratio of this year was 2.90375255. Devyser Diagnostics AB's current ratio of last year was 2.96639526. ==> 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.

Devyser Diagnostics AB's number of shares in issue this year was 16.665. Devyser Diagnostics AB's number of shares in issue last year was 16.603. ==> 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
=18.947/23.6
=0.80283898

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15.643/19.587
=0.79864196

Devyser Diagnostics AB's gross margin of this year was 0.80283898. Devyser Diagnostics AB's gross margin of last year was 0.79864196. ==> 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)
=23.6/41.463
=0.56918216

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=19.587/43.882
=0.44635614

Devyser Diagnostics AB's asset turnover of this year was 0.56918216. Devyser Diagnostics AB's asset turnover of last year was 0.44635614. ==> 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+0+1+1
=7

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

Devyser Diagnostics AB has an F-score of 7. 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 7 mean?
Devyser Diagnostics AB (FRA:OL0) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Devyser Diagnostics AB and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Devyser Diagnostics AB's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Devyser Diagnostics AB ranks #61 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 7.6%.
Is Devyser Diagnostics AB's Piotroski F-Score too high?
Devyser Diagnostics AB's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Devyser Diagnostics AB's value of 7 is 40% above this industry median. Based on the distribution chart, Devyser Diagnostics AB ranks #61 out of 805 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Devyser Diagnostics AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devyser Diagnostics AB's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Devyser Diagnostics AB ranks #61 out of 805 companies for Piotroski F-Score. This places Devyser Diagnostics AB in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Devyser Diagnostics AB's value of 7 is 40% above this benchmark. Historically, Devyser Diagnostics AB's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Devyser Diagnostics 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 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. Devyser Diagnostics AB's current Piotroski F-Score of 7 is 40% 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 Devyser Diagnostics AB and its competitors. For the Medical Devices & Instruments 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. Devyser Diagnostics AB's current Piotroski F-Score is 7, which is 75% above 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 Devyser Diagnostics AB stock overvalued right now?
Based on GuruFocus' analysis, Devyser Diagnostics AB (FRA:OL0) is currently considered Significantly Undervalued. The stock's GF Value™ is €14.07, compared to a current price of €7.69 — trading 45.3% below its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Medical Devices & Instruments industry median of 5.00. Devyser Diagnostics AB's overall GF Score™ is 77/100 with 2 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 Devyser Diagnostics AB (FRA:OL0), the current Piotroski F-Score is 7 as of Jun. 26, 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 Devyser Diagnostics AB (FRA:OL0) Overvalued in 2026?

Based on GuruFocus' analysis, Devyser Diagnostics AB stock appears to be undervalued. The current stock price of €7.69 is trading 45.3% below its estimated GF Value™ of €14.07. GuruFocus considers Devyser Diagnostics AB to be Significantly Undervalued.

Key valuation signals for FRA:OL0:

  • Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
  • GF Value™: €14.07 vs. price of €7.69 (45.3% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 40% above the Medical Devices & Instruments median (#61 of 805)

No single metric tells the full story. See the FRA:OL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devyser Diagnostics AB Business Description

Other Exchanges DVYSR:Sweden
Address Branningevagen 12, Arsta, SWE, 120 54
Devyser Diagnostics AB is engaged in the development, manufacture, and sale of kits for genetic testing in routine diagnostic laboratories. The products are used for advanced genetic testing in the hereditary disease, oncology, and transplant fields, to enable targeted cancer treatment, the diagnosis of a large number of genetic diseases, and transplant patient follow-up.
77GF Score

Get the complete analysis for FRA:OL0

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

€7.69
Price
€14.07
GF Value