EKF Diagnostics Holdings (LSE:EKF) Piotroski F-Score: 6 (As of Jun. 29, 2026) — 14% Below Median


LSE:EKF EKF Diagnostics Holdings PLC LSE:EKF
54 GF Score
Price £0.27
GF Value £0.28
Valuation Fairly Valued
! 4 Warning Signs
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What is EKF Diagnostics Holdings Piotroski F-Score?

EKF Diagnostics Holdings LSE:EKF +0.75% 54 Piotroski F-Score is 6 as of Jun. 29, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates LSE:EKF with a GF Score™ of 54/100 and a GF Value™ of £0.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 807 Medical Devices & Instruments companies, EKF Diagnostics Holdings ranks better than 80.92% 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

EKF Diagnostics Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

LSE:EKF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of EKF Diagnostics Holdings was 8. The lowest was 4. And the median was 7.

EKF Diagnostics Holdings  (LSE:EKF) 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.


EKF Diagnostics Holdings Piotroski F-Score Related Terms


EKF Diagnostics Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for EKF Diagnostics Holdings'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.

EKF Diagnostics Holdings Piotroski F-Score Chart

EKF Diagnostics Holdings 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 5.00 4.00 7.00 8.00 6.00

EKF Diagnostics Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.00 0.00 8.00 0.00 6.00

LSE:EKF vs ABT, SYK, MDT: Piotroski F-Score Comparison

For the Medical Devices subindustry, EKF Diagnostics Holdings'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.


EKF Diagnostics Holdings Piotroski F-Score vs Medical Devices & Instruments Industry

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

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


LSE:EKF
54GF Score
EKF Diagnostics Holdings PLC LSE:EKF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was £2.12 Mil.
Cash Flow from Operations was £9.71 Mil.
Revenue was £51.56 Mil.
Gross Profit was £26.48 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (81.745 + 81.137) / 2 = £81.441 Mil.
Total Assets at the begining of this year (Dec24) was £81.75 Mil.
Long-Term Debt & Capital Lease Obligation was £0.99 Mil.
Total Current Assets was £30.88 Mil.
Total Current Liabilities was £7.42 Mil.
Net Income was £6.24 Mil.

Revenue was £50.19 Mil.
Gross Profit was £24.07 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (80.849 + 81.745) / 2 = £81.297 Mil.
Total Assets at the begining of last year (Dec23) was £80.85 Mil.
Long-Term Debt & Capital Lease Obligation was £0.90 Mil.
Total Current Assets was £28.55 Mil.
Total Current Liabilities was £6.44 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.

EKF Diagnostics Holdings's current Net Income (TTM) was 2.12. ==> 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.

EKF Diagnostics Holdings's current Cash Flow from Operations (TTM) was 9.71. ==> 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 (Dec24)
=2.122/81.745
=0.02595877

ROA (Last Year)=Net Income/Total Assets (Dec23)
=6.242/80.849
=0.07720565

EKF Diagnostics Holdings's return on assets of this year was 0.02595877. EKF Diagnostics Holdings's return on assets of last year was 0.07720565. ==> 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.

EKF Diagnostics Holdings's current Net Income (TTM) was 2.12. EKF Diagnostics Holdings's current Cash Flow from Operations (TTM) was 9.71. ==> 9.71 > 2.12 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.987/81.441
=0.0121192

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.898/81.297
=0.01104592

EKF Diagnostics Holdings's gearing of this year was 0.0121192. EKF Diagnostics Holdings's gearing of last year was 0.01104592. ==> Last year is lower than this year ==> Score 0.

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: Dec25)=Total Current Assets/Total Current Liabilities
=30.875/7.42
=4.16105121

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=28.552/6.437
=4.43560665

EKF Diagnostics Holdings's current ratio of this year was 4.16105121. EKF Diagnostics Holdings's current ratio of last year was 4.43560665. ==> 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.

EKF Diagnostics Holdings's number of shares in issue this year was 448.471. EKF Diagnostics Holdings's number of shares in issue last year was 453.731. ==> 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
=26.48/51.564
=0.51353658

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=24.066/50.194
=0.4794597

EKF Diagnostics Holdings's gross margin of this year was 0.51353658. EKF Diagnostics Holdings's gross margin of last year was 0.4794597. ==> 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 (Dec24)
=51.564/81.745
=0.63079087

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=50.194/80.849
=0.62083637

EKF Diagnostics Holdings's asset turnover of this year was 0.63079087. EKF Diagnostics Holdings's asset turnover of last year was 0.62083637. ==> 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+0+0+1+1+1
=6

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

EKF Diagnostics Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
EKF Diagnostics Holdings (LSE:EKF) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on EKF Diagnostics Holdings and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, EKF Diagnostics Holdings' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, EKF Diagnostics Holdings ranks #154 out of 807 companies in the Medical Devices & Instruments industry, placing it in the top 19.1%.
Is EKF Diagnostics Holdings' Piotroski F-Score too high?
EKF Diagnostics Holdings' current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. EKF Diagnostics Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, EKF Diagnostics Holdings ranks #154 out of 807 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, EKF Diagnostics Holdings has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EKF Diagnostics Holdings' Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, EKF Diagnostics Holdings ranks #154 out of 807 companies for Piotroski F-Score. This places EKF Diagnostics Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. EKF Diagnostics Holdings' value of 6 is 20% above this benchmark. Historically, EKF Diagnostics Holdings' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, EKF Diagnostics Holdings 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 807 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. EKF Diagnostics Holdings's current Piotroski F-Score of 6 is 20% 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 EKF Diagnostics Holdings 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. EKF Diagnostics Holdings's current Piotroski F-Score is 6, which is 14% 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 EKF Diagnostics Holdings stock overvalued right now?
Based on GuruFocus' analysis, EKF Diagnostics Holdings (LSE:EKF) is currently considered Fairly Valued. The stock's GF Value™ is £0.28, compared to a current price of £0.27 — trading 3.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Medical Devices & Instruments industry median of 5.00. EKF Diagnostics Holdings' overall GF Score™ is 54/100 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 EKF Diagnostics Holdings (LSE:EKF), the current Piotroski F-Score is 6 as of Jun. 29, 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 EKF Diagnostics Holdings (LSE:EKF) Overvalued in 2026?

Based on GuruFocus' analysis, EKF Diagnostics Holdings stock appears to be undervalued. The current stock price of £0.27 is trading 3.6% below its estimated GF Value™ of £0.28. GuruFocus considers EKF Diagnostics Holdings to be Fairly Valued.

Key valuation signals for LSE:EKF:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: £0.28 vs. price of £0.27 (3.6% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 20% above the Medical Devices & Instruments median (#154 of 807)

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


EKF Diagnostics Holdings Business Description

Other Exchanges EKDHF:USALYF:Germany
Address 19 Stanwell Road, Avon House, Penarth, Cardiff, GBR, CF64 2EZ
EKF Diagnostics Holdings PLC is engaged in development, manufacture and supply of products and services into the in-vitro diagnostic (IVD) market place. The Group has presence in the UK, USA, Germany, and Russia, and sells throughout the world including Europe, the Middle East, the Americas, Asia, and Africa. It derive their revenue from the manufacture and sale of medical diagnostic equipment and reagents. Other services include the servicing and distribution of third party company products under separate distribution agreements.
54GF Score

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

£0.27
Price
£0.28
GF Value