Gyldendal AS (LTS:0O3W) Piotroski F-Score: 7 (As of Jul. 02, 2026) — Near Median


LTS:0O3W Gyldendal AS LTS:0O3W
18 GF Score
Price kr526.00
GF Value kr605.97
! 2 Warning Signs
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What is Gyldendal AS Piotroski F-Score?

Gyldendal AS LTS:0O3W 18 Piotroski F-Score is 7 as of Jul. 02, 2026, which is at its 10-year median of 7.00. GuruFocus rates LTS:0O3W with a GF Score™ of 18/100 and a GF Value™ of kr605.97. The stock has 2 warning signs investors should review. Among 1,008 Media - Diversified companies, Gyldendal AS ranks better than 91.87% 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

Gyldendal AS 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 Gyldendal AS's Piotroski F-Score or its related term are showing as below:

LTS:0O3W' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

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

Gyldendal AS  (LTS:0O3W) 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.


Gyldendal AS Piotroski F-Score Related Terms


Gyldendal AS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gyldendal 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.

Gyldendal AS Piotroski F-Score Chart

Gyldendal AS 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 4.00 8.00 8.00 7.00

Gyldendal AS 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 8.00 0.00 8.00 0.00 7.00

LTS:0O3W vs NYT, WLY: Piotroski F-Score Comparison

For the Publishing subindustry, Gyldendal 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.


Gyldendal AS Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gyldendal AS's Piotroski F-Score distribution charts can be found below:

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


LTS:0O3W
18GF Score
Gyldendal AS LTS:0O3W
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 kr40.6 Mil.
Cash Flow from Operations was kr95.4 Mil.
Revenue was kr798.7 Mil.
Gross Profit was kr355.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (642.865 + 693.141) / 2 = kr668.003 Mil.
Total Assets at the begining of this year (Dec24) was kr642.9 Mil.
Long-Term Debt & Capital Lease Obligation was kr3.4 Mil.
Total Current Assets was kr340.7 Mil.
Total Current Liabilities was kr255.6 Mil.
Net Income was kr22.7 Mil.

Revenue was kr722.7 Mil.
Gross Profit was kr321.5 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (641.329 + 642.865) / 2 = kr642.097 Mil.
Total Assets at the begining of last year (Dec23) was kr641.3 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.7 Mil.
Total Current Assets was kr334.3 Mil.
Total Current Liabilities was kr234.4 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.

Gyldendal AS's current Net Income (TTM) was 40.6. ==> 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.

Gyldendal AS's current Cash Flow from Operations (TTM) was 95.4. ==> 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)
=40.564/642.865
=0.06309878

ROA (Last Year)=Net Income/Total Assets (Dec23)
=22.685/641.329
=0.03537186

Gyldendal AS's return on assets of this year was 0.06309878. Gyldendal AS's return on assets of last year was 0.03537186. ==> 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.

Gyldendal AS's current Net Income (TTM) was 40.6. Gyldendal AS's current Cash Flow from Operations (TTM) was 95.4. ==> 95.4 > 40.6 ==> 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
=3.364/668.003
=0.00503591

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.662/642.097
=0.001031

Gyldendal AS's gearing of this year was 0.00503591. Gyldendal AS's gearing of last year was 0.001031. ==> 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
=340.725/255.631
=1.33287825

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=334.307/234.362
=1.42645565

Gyldendal AS's current ratio of this year was 1.33287825. Gyldendal AS's current ratio of last year was 1.42645565. ==> 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.

Gyldendal AS's number of shares in issue this year was 1.011. Gyldendal AS's number of shares in issue last year was 1.011. ==> 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
=355.655/798.682
=0.44530239

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=321.522/722.665
=0.44491154

Gyldendal AS's gross margin of this year was 0.44530239. Gyldendal AS's gross margin of last year was 0.44491154. ==> 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)
=798.682/642.865
=1.24237904

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=722.665/641.329
=1.12682414

Gyldendal AS's asset turnover of this year was 1.24237904. Gyldendal AS's asset turnover of last year was 1.12682414. ==> 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+0+0+1+1+1
=7

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

Gyldendal AS 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?
Gyldendal AS (LTS:0O3W) has a Piotroski F-Score of 7 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gyldendal AS and its competitors. This is near median its historical median of 7.00. Over the past decade, Gyldendal AS's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Gyldendal AS ranks #82 out of 1008 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is Gyldendal AS's Piotroski F-Score too high?
Gyldendal AS'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 4.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Gyldendal AS's value of 7 is 40% above this industry median. Based on the distribution chart, Gyldendal AS ranks #82 out of 1008 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Gyldendal AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Gyldendal AS's Piotroski F-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Gyldendal AS ranks #82 out of 1008 companies for Piotroski F-Score. This places Gyldendal AS in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Gyldendal AS's value of 7 is 40% above this benchmark. Historically, Gyldendal AS's 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, Gyldendal 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,008 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. Gyldendal AS'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 Gyldendal AS and its competitors. For the Media - Diversified 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. Gyldendal AS'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 Gyldendal AS stock overvalued right now?
Gyldendal AS (LTS:0O3W) has a current Piotroski F-Score of 7. The stock's GF Value™ is kr605.97, compared to a current price of kr526.00 — trading 13.2% below 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 Media - Diversified industry median of 5.00. Gyldendal AS's overall GF Score™ is 18/100 with 2 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 Gyldendal AS (LTS:0O3W), the current Piotroski F-Score is 7 as of Jul. 02, 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 Gyldendal AS (LTS:0O3W) Overvalued in 2026?

Based on GuruFocus' analysis, Gyldendal AS stock appears to be undervalued. The current stock price of kr526.00 is trading 13.2% below its estimated GF Value™ of kr605.97.

Key valuation signals for LTS:0O3W:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: kr605.97 vs. price of kr526.00 (13.2% below fair value)
  • GF Score™: 18/100 with 2 warning signs
  • Industry Position: 40% above the Media - Diversified median (#82 of 1008)

No single metric tells the full story. See the LTS:0O3W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gyldendal AS Business Description

Address Klareboderne 3, Copenhagen, DNK, 1001
Gyldendal AS along with its holdings is engaged in publishing activities and management of its subsidiaries. It publishes school books, textbooks, children's books, as well as trade books, professional books, dictionaries, and encyclopedias. It also publishes nonfiction books such as biographies, history, food and drinks, art and culture, and philosophy.
18GF Score

Get the complete analysis for LTS:0O3W

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

kr526.00
Price
kr605.97
GF Value