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Exel Composites OyjLTS:0MD5 +10.10%55 Piotroski F-Score is 5 as of Aug. 17, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates LTS:0MD5 with a GF Score™ of 55/100 and a GF Value™ of €3.91 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,562 Chemicals companies, Exel Composites Oyj ranks better than 54.8% 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
Exel Composites Oyj has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Exel Composites Oyj's Piotroski F-Score or its related term are showing as below:
LTS:0MD5'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Exel Composites Oyj was 6. The lowest was 3. And the median was 4.
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.
Exel Composites Oyj Piotroski F-Score Related Terms
Exel Composites Oyj Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Exel Composites Oyj'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:0MD5 vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Exel Composites Oyj'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.
Exel Composites Oyj Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Exel Composites Oyj's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Exel Composites Oyj'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.
Exel Composites Oyj's current Net Income (TTM) was -3.68.
==> Negative ==> Score 0.
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.
Exel Composites Oyj's return on assets of this year was -0.04140117. Exel Composites Oyj's return on assets of last year was -0.0819364.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Exel Composites Oyj's gearing of this year was 0.08763875. Exel Composites Oyj's gearing of last year was 0.10100179.
==> 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
Exel Composites Oyj's current ratio of this year was 0.98200031. Exel Composites Oyj's current ratio of last year was 1.03621002.
==> 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.
Exel Composites Oyj's number of shares in issue this year was 7.037. Exel Composites Oyj's number of shares in issue last year was 7.072.
==> 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.
Exel Composites Oyj's gross margin of this year was 0.70194641. Exel Composites Oyj's gross margin of last year was 0.6978847.
==> 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
Exel Composites Oyj's asset turnover of this year was 1.27831159. Exel Composites Oyj's asset turnover of last year was 0.93602213.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Exel Composites Oyj has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Exel Composites Oyj (LTS:0MD5) has a Piotroski F-Score of 5 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Exel Composites Oyj and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Exel Composites Oyj's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Exel Composites Oyj ranks #706 out of 1562 companies in the Chemicals industry, placing it in the top 45.2%.
Is Exel Composites Oyj's Piotroski F-Score too high?
Exel Composites Oyj's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Chemicals industry median Piotroski F-Score is 5.00. Exel Composites Oyj's value of 5 is 0% at this industry median. Based on the distribution chart, Exel Composites Oyj ranks #706 out of 1562 companies in the Chemicals industry, which is above the industry midpoint. Overall, Exel Composites Oyj has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exel Composites Oyj's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Exel Composites Oyj ranks #706 out of 1562 companies for Piotroski F-Score. This puts Exel Composites Oyj in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Exel Composites Oyj's value of 5 is 0% at this benchmark. Historically, Exel Composites Oyj's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Exel Composites Oyj has consistently been at 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,562 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. Exel Composites Oyj's current Piotroski F-Score of 5 is 0% at 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 Exel Composites Oyj and its competitors. For the Chemicals 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. Exel Composites Oyj's current Piotroski F-Score is 5, which is 25% 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 Exel Composites Oyj stock overvalued right now?
Based on GuruFocus' analysis, Exel Composites Oyj (LTS:0MD5) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.91, compared to a current price of €13.35 — trading 241.4% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Chemicals industry median of 5.00. Exel Composites Oyj's overall GF Score™ is 55/100 with 8 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 Exel Composites Oyj (LTS:0MD5), the current Piotroski F-Score is 5 as of Aug. 17, 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 Exel Composites Oyj (LTS:0MD5) Overvalued in 2026?
Based on GuruFocus' analysis, Exel Composites Oyj stock appears to be overvalued.
The current stock price of €13.35 is trading 241.4% above its estimated GF Value™ of €3.91.
GuruFocus considers Exel Composites Oyj to be Significantly Overvalued.
Key valuation signals for LTS:0MD5:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: €3.91 vs. price of €13.35 (241.4% above fair value)
Industry Position: 0% at the Chemicals median (#706 of 1562)
No single metric tells the full story. See the LTS:0MD5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exel Composites Oyj is a technology company engaged in manufacturers of composite profiles and tubes made with pultrusion and pullwinding technologies and a pultrusion technology forerunner in the composite market. The products offered by the group include tubes, laminates, windows and doors, and others. The firm serves sectors such as transportation, building, construction and infrastructure, energy industry, telecommunication, paper and electrical industries, and cleaning and maintenance. The Group has one operating segment, which is Exel Composites. It has a geographic presence in Europe, North America, Asia-Pacific and the Rest of the World, where the majority of its revenue is generated from Europe.
55GF Score
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