HUSQF (Husqvarna AB) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


HUSQF Husqvarna AB HUSQF
67 GF Score
Price $3.89
GF Value $6.58
Valuation Possible Value Trap
! 3 Warning Signs
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What is Husqvarna AB Piotroski F-Score?

Husqvarna AB HUSQF 67 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates HUSQF with a GF Score™ of 67/100 and a GF Value™ of $6.58 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Husqvarna AB ranks better than 97.95% 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

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

HUSQF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Husqvarna AB was 8. The lowest was 2. And the median was 6.

Husqvarna AB  (OTCPK:HUSQF) 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.


Husqvarna AB Piotroski F-Score Related Terms


Husqvarna AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Husqvarna 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.

Husqvarna AB Piotroski F-Score Chart

Husqvarna 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 8.00 2.00 7.00 4.00 7.00

Husqvarna 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 5.00 6.00 7.00 7.00 8.00

HUSQF vs SNA, RBC, LECO: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Husqvarna 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.


Husqvarna AB Piotroski F-Score vs Industrial Products Industry

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

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


HUSQF
67GF Score
Husqvarna AB HUSQF
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 165.267 + -1.067 + -82.746 + 125.789 = $207 Mil.
Cash Flow from Operations was 295.763 + 298.633 + -167.752 + -97.025 = $330 Mil.
Revenue was 1599.987 + 982.001 + 799.376 + 1498.519 = $4,880 Mil.
Gross Profit was 542.092 + 279.855 + 190.24 + 487.807 = $1,500 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5866.888 + 6117.907 + 5706.467 + 5605.423 + 6250.054) / 5 = $5909.3478 Mil.
Total Assets at the begining of this year (Mar25) was $5,867 Mil.
Long-Term Debt & Capital Lease Obligation was $1,039 Mil.
Total Current Assets was $3,155 Mil.
Total Current Liabilities was $2,019 Mil.
Net Income was 121.293 + -14.957 + -101.593 + 95.729 = $100 Mil.

Revenue was 1471.345 + 952.097 + 770.505 + 1451.129 = $4,645 Mil.
Gross Profit was 495.375 + 247.532 + 146.199 + 442.326 = $1,331 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6180.112 + 5767.331 + 5399.844 + 5170.96 + 5866.888) / 5 = $5677.027 Mil.
Total Assets at the begining of last year (Mar24) was $6,180 Mil.
Long-Term Debt & Capital Lease Obligation was $1,118 Mil.
Total Current Assets was $2,901 Mil.
Total Current Liabilities was $1,877 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.

Husqvarna AB's current Net Income (TTM) was 207. ==> 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.

Husqvarna AB's current Cash Flow from Operations (TTM) was 330. ==> 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)
=207.243/5866.888
=0.03532418

ROA (Last Year)=Net Income/Total Assets (Mar24)
=100.472/6180.112
=0.01625731

Husqvarna AB's return on assets of this year was 0.03532418. Husqvarna AB's return on assets of last year was 0.01625731. ==> 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.

Husqvarna AB's current Net Income (TTM) was 207. Husqvarna AB's current Cash Flow from Operations (TTM) was 330. ==> 330 > 207 ==> 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
=1038.939/5909.3478
=0.1758128

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1117.855/5677.027
=0.19690852

Husqvarna AB's gearing of this year was 0.1758128. Husqvarna AB's gearing of last year was 0.19690852. ==> 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
=3154.703/2018.954
=1.56254328

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2900.778/1877.467
=1.54504873

Husqvarna AB's current ratio of this year was 1.56254328. Husqvarna AB's current ratio of last year was 1.54504873. ==> 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.

Husqvarna AB's number of shares in issue this year was 572.8. Husqvarna AB's number of shares in issue last year was 572.4. ==> 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
=1499.994/4879.883
=0.30738319

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1331.432/4645.076
=0.28663299

Husqvarna AB's gross margin of this year was 0.30738319. Husqvarna AB's gross margin of last year was 0.28663299. ==> 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)
=4879.883/5866.888
=0.83176686

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4645.076/6180.112
=0.7516168

Husqvarna AB's asset turnover of this year was 0.83176686. Husqvarna AB's asset turnover of last year was 0.7516168. ==> 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+1+0+1+1
=8

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

Husqvarna 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?
Husqvarna AB (HUSQF) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Husqvarna AB and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Husqvarna AB's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Husqvarna AB ranks #61 out of 2979 companies in the Industrial Products industry, placing it in the top 2%.
Is Husqvarna AB's Piotroski F-Score too high?
Husqvarna 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 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Husqvarna AB's value of 8 is 60% above this industry median. Based on the distribution chart, Husqvarna AB ranks #61 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Husqvarna AB has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Husqvarna AB's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Husqvarna AB ranks #61 out of 2979 companies for Piotroski F-Score. This places Husqvarna AB in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Husqvarna AB's value of 8 is 60% above this benchmark. Historically, Husqvarna AB's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Husqvarna 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 Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 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. Husqvarna AB's current Piotroski F-Score of 8 is 60% 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 Husqvarna AB and its competitors. For the Industrial 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. Husqvarna 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 Husqvarna AB stock overvalued right now?
Based on GuruFocus' analysis, Husqvarna AB (HUSQF) is currently considered Possible Value Trap. The stock's GF Value™ is $6.58, compared to a current price of $3.89 — trading 41% 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 60% above the Industrial Products industry median of 5.00. Husqvarna AB's overall GF Score™ is 67/100 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 Husqvarna AB (HUSQF), the current Piotroski F-Score is 8 as of Jun. 27, 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 Husqvarna AB (HUSQF) Overvalued in 2026?

Based on GuruFocus' analysis, Husqvarna AB stock appears to be undervalued. The current stock price of $3.89 is trading 41% below its estimated GF Value™ of $6.58. GuruFocus considers Husqvarna AB to be Possible Value Trap.

Key valuation signals for HUSQF:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: $6.58 vs. price of $3.89 (41% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 60% above the Industrial Products median (#61 of 2979)

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


Husqvarna AB Business Description

Address P.O. Box 7454, Stockholm, SWE, 113 31
Husqvarna AB provides products and solutions for managing forests, parks, and gardens. The product range includes robotic mowers, battery and petrol-powered chainsaws, trimmers, riding lawn mowers, as well as watering solutions. In addition, the group offers equipment for sawing and drilling in concrete surfaces, floor preparation, as well as diamond tools for the light construction industry. Its products are marketed mainly under the Husqvarna and Gardena brands. The group's operating segments include the Husqvarna Forest and Garden Division, which generates key revenue, the Gardena Division, and the Husqvarna Construction Division. Geographically, it generates maximum revenue from the United States and the rest from Germany, France, Sweden, the United Kingdom, Austria, and other regions.
67GF Score

Get the complete analysis for HUSQF

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

$3.89
Price
$6.58
GF Value