Peab AB (FRA:PEKB) Piotroski F-Score: 7 (As of Jun. 25, 2026) — Near Median


FRA:PEKB Peab AB FRA:PEKB
21 GF Score
Price €7.92
GF Value €6.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Peab AB Piotroski F-Score?

Peab AB FRA:PEKB -0.50% 21 Piotroski F-Score is 7 as of Jun. 25, 2026, which is at its 10-year median of 7.00. GuruFocus rates FRA:PEKB with a GF Score™ of 21/100 and a GF Value™ of €6.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,734 Construction companies, Peab AB ranks better than 89.33% 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

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

FRA:PEKB' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Peab AB was 9. The lowest was 3. And the median was 7.

Peab AB  (FRA:PEKB) 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.


Peab AB Piotroski F-Score Related Terms


Peab AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Peab 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.

Peab AB Piotroski F-Score Chart

Peab 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 6.00 3.00 7.00 9.00 5.00

Peab 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 8.00 9.00 9.00 5.00 7.00

FRA:PEKB vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Peab 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.


Peab AB Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Peab AB's Piotroski F-Score distribution charts can be found below:

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


FRA:PEKB
21GF Score
Peab AB FRA:PEKB
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 6.538 + 75.358 + 76.179 + -15.968 = €142 Mil.
Cash Flow from Operations was 16.798 + 137.626 + 255.185 + -71.857 = €338 Mil.
Revenue was 1367.757 + 1396.078 + 1592.951 + 1005.633 = €5,362 Mil.
Gross Profit was 153.819 + 155.534 + 157.411 + 41.035 = €508 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4127.938 + 4241.019 + 4287.68 + 4093.153 + 4120.383) / 5 = €4174.0346 Mil.
Total Assets at the begining of this year (Mar25) was €4,128 Mil.
Long-Term Debt & Capital Lease Obligation was €563 Mil.
Total Current Assets was €2,903 Mil.
Total Current Liabilities was €1,839 Mil.
Net Income was 52.797 + 64.477 + 97.456 + -34.05 = €181 Mil.

Revenue was 1499.582 + 1384.663 + 1494.008 + 988.189 = €5,366 Mil.
Gross Profit was 145.901 + 136.176 + 195.26 + 37.428 = €515 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4320.191 + 4462.247 + 4327.425 + 4152.794 + 4127.938) / 5 = €4278.119 Mil.
Total Assets at the begining of last year (Mar24) was €4,320 Mil.
Long-Term Debt & Capital Lease Obligation was €612 Mil.
Total Current Assets was €2,917 Mil.
Total Current Liabilities was €1,855 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.

Peab AB's current Net Income (TTM) was 142. ==> 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.

Peab AB's current Cash Flow from Operations (TTM) was 338. ==> 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)
=142.107/4127.938
=0.03442566

ROA (Last Year)=Net Income/Total Assets (Mar24)
=180.68/4320.191
=0.04182222

Peab AB's return on assets of this year was 0.03442566. Peab AB's return on assets of last year was 0.04182222. ==> Last year is higher ==> Score 0.

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.

Peab AB's current Net Income (TTM) was 142. Peab AB's current Cash Flow from Operations (TTM) was 338. ==> 338 > 142 ==> 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
=563.44/4174.0346
=0.1349869

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=611.628/4278.119
=0.14296657

Peab AB's gearing of this year was 0.1349869. Peab AB's gearing of last year was 0.14296657. ==> 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
=2903.17/1839.327
=1.57838709

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2916.642/1854.783
=1.5724977

Peab AB's current ratio of this year was 1.57838709. Peab AB's current ratio of last year was 1.5724977. ==> 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.

Peab AB's number of shares in issue this year was 281.6. Peab AB's number of shares in issue last year was 287.5. ==> 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
=507.799/5362.419
=0.09469588

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=514.765/5366.442
=0.09592296

Peab AB's gross margin of this year was 0.09469588. Peab AB's gross margin of last year was 0.09592296. ==> Last year's gross margin is higher ==> Score 0.

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)
=5362.419/4127.938
=1.29905512

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5366.442/4320.191
=1.24217702

Peab AB's asset turnover of this year was 1.29905512. Peab AB's asset turnover of last year was 1.24217702. ==> 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+0+1+1+1+1+0+1
=7

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

Peab 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?
Peab AB (FRA:PEKB) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Peab AB and its competitors. This is near median its historical median of 7.00. Over the past decade, Peab AB's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Peab AB ranks #185 out of 1734 companies in the Construction industry, placing it in the top 10.7%.
Is Peab AB's Piotroski F-Score too high?
Peab AB's current Piotroski F-Score of 7 is near 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 9.00. The Construction industry median Piotroski F-Score is 5.00. Peab AB's value of 7 is 40% above this industry median. Based on the distribution chart, Peab AB ranks #185 out of 1734 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Peab AB has a GF Score™ of 21/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Peab AB's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Peab AB ranks #185 out of 1734 companies for Piotroski F-Score. This places Peab AB in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Peab AB's value of 7 is 40% above this benchmark. Historically, Peab AB's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Peab 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,734 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. Peab 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 Peab AB and its competitors. For the Construction 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. Peab AB's current Piotroski F-Score is 7, which is near 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 Peab AB stock overvalued right now?
Based on GuruFocus' analysis, Peab AB (FRA:PEKB) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.78, compared to a current price of €7.92 — trading 16.8% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Construction industry median of 5.00. Peab AB's overall GF Score™ is 21/100 with 5 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 Peab AB (FRA:PEKB), the current Piotroski F-Score is 7 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.

Is Peab AB (FRA:PEKB) Overvalued in 2026?

Based on GuruFocus' analysis, Peab AB stock appears to be overvalued. The current stock price of €7.92 is trading 16.8% above its estimated GF Value™ of €6.78. GuruFocus considers Peab AB to be Modestly Overvalued.

Key valuation signals for FRA:PEKB:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: €6.78 vs. price of €7.92 (16.8% above fair value)
  • GF Score™: 21/100 with 5 warning signs
  • Industry Position: 40% above the Construction median (#185 of 1734)

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


Peab AB Business Description

Address Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is a Sweden-based construction and civil engineering company. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. It operates in four business areas: Construction, Civil Engineering, Industry, and Project Development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and it also operates in Finland and Norway.
21GF Score

Get the complete analysis for FRA:PEKB

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

€7.92
Price
€6.78
GF Value