MT Hojgaard Holding ASLTS:0JD8 84 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates LTS:0JD8 with a GF Score™ of 84/100 and a GF Value™ of kr271.17. The stock has 1 warning sign investors should review. Among 1,735 Construction companies, MT Hojgaard Holding AS ranks better than 74.24% 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
MT Hojgaard Holding AS 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 MT Hojgaard Holding AS's Piotroski F-Score or its related term are showing as below:
LTS:0JD8'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of MT Hojgaard Holding AS was 8. The lowest was 1. And the median was 6.
MT Hojgaard Holding AS (LTS:0JD8) 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.
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.
MT Hojgaard Holding AS Piotroski F-Score Related Terms
MT Hojgaard Holding AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for MT Hojgaard Holding AS'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.
LTS:0JD8 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, MT Hojgaard Holding AS'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.
MT Hojgaard Holding AS Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, MT Hojgaard Holding AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MT Hojgaard Holding AS's Piotroski F-Score falls into.
* 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.
*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.
MT Hojgaard Holding AS's current Net Income (TTM) was 252.
==> 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.
MT Hojgaard Holding AS's return on assets of this year was 0.05776066. MT Hojgaard Holding AS's return on assets of last year was 0.04571899.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
MT Hojgaard Holding AS's gearing of this year was 0.0331413. MT Hojgaard Holding AS's gearing of last year was 0.05185587.
==> 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
MT Hojgaard Holding AS's current ratio of this year was 1.16562255. MT Hojgaard Holding AS's current ratio of last year was 1.16363001.
==> 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.
MT Hojgaard Holding AS's number of shares in issue this year was 7.778. MT Hojgaard Holding AS's number of shares in issue last year was 7.733.
==> 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.
MT Hojgaard Holding AS's gross margin of this year was 0.07828065. MT Hojgaard Holding AS's gross margin of last year was 0.07882695.
==> 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
MT Hojgaard Holding AS's asset turnover of this year was 2.23732545. MT Hojgaard Holding AS's asset turnover of last year was 2.06034757.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
MT Hojgaard Holding AS has an F-score of 6 indicating the company's financial situation is typical for a stable company.
MT Hojgaard Holding AS (LTS:0JD8) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MT Hojgaard Holding AS and its competitors. This is near median its historical median of 6.00. Over the past decade, MT Hojgaard Holding AS's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, MT Hojgaard Holding AS ranks #447 out of 1735 companies in the Construction industry, placing it in the top 25.8%.
Is MT Hojgaard Holding AS's Piotroski F-Score too high?
MT Hojgaard Holding AS's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. MT Hojgaard Holding AS's value of 6 is 20% above this industry median. Based on the distribution chart, MT Hojgaard Holding AS ranks #447 out of 1735 companies in the Construction industry, which is above the industry midpoint. Overall, MT Hojgaard Holding AS has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does MT Hojgaard Holding AS's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, MT Hojgaard Holding AS ranks #447 out of 1735 companies for Piotroski F-Score. This puts MT Hojgaard Holding AS in the upper half of its industry. The industry median Piotroski F-Score is 5.00. MT Hojgaard Holding AS's value of 6 is 20% above this benchmark. Historically, MT Hojgaard Holding AS's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, MT Hojgaard Holding AS 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 1,735 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. MT Hojgaard Holding AS'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 MT Hojgaard Holding AS 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. MT Hojgaard Holding AS's current Piotroski F-Score is 6, which is near 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 MT Hojgaard Holding AS stock overvalued right now?
MT Hojgaard Holding AS (LTS:0JD8) has a current Piotroski F-Score of 6. The stock's GF Value™ is kr271.17, compared to a current price of kr320.00 — trading 18% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. MT Hojgaard Holding AS's overall GF Score™ is 84/100 with 1 warning sign 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 MT Hojgaard Holding AS (LTS:0JD8), the current Piotroski F-Score is 6 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 MT Hojgaard Holding AS (LTS:0JD8) Overvalued in 2026?
Based on GuruFocus' analysis, MT Hojgaard Holding AS stock appears to be overvalued.
The current stock price of kr320.00 is trading 18% above its estimated GF Value™ of kr271.17.
Key valuation signals for LTS:0JD8:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: kr271.17 vs. price of kr320.00 (18% above fair value)
Industry Position: 20% above the Construction median (#447 of 1735)
No single metric tells the full story. See the LTS:0JD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MT Hojgaard Holding AS is engaged in developing, planning, and executing projects within new builds, civil engineering, infrastructure, refurbishment, and building transformation. The group's construction contracts comprise the construction of construction and civil engineering projects for private and public customers. The company derives revenue from Construction contracts, the Sale of land and buildings, and Services. Geographically, it operates in Denmark and the Rest of the world.
84GF Score
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