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Saab ABMIL:1SAAB +9.38%69 Piotroski F-Score is 6 as of Jul. 18, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates MIL:1SAAB with a GF Score™ of 69/100 and a GF Value™ of €37.62 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 321 Aerospace & Defense companies, Saab AB ranks better than 53.27% 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
Saab AB 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 Saab AB's Piotroski F-Score or its related term are showing as below:
MIL:1SAAB'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Saab AB was 8. The lowest was 2. And the median was 5.
Saab AB (MIL:1SAAB) 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.
Saab AB Piotroski F-Score Related Terms
Saab AB Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Saab 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.
MIL:1SAAB vs SPCX, GE, RTX: Piotroski F-Score Comparison
For the Aerospace & Defense subindustry, Saab 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.
Saab AB Piotroski F-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Saab AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Saab AB'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 86.994 + 235.244 + 133.41 + 195.392 = €651 Mil. Cash Flow from Operations was 151.716 + 777.867 + 182.336 + 217.194 = €1,329 Mil. Revenue was 1442.71 + 2545.138 + 1779.168 + 2321.812 = €8,089 Mil. Gross Profit was 331.066 + 510.094 + 415.455 + 524.33 = €1,781 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(9615.163 + 9905.987 + 11459.323 + 11553.727 + 12369.832) / 5 = €10980.8064 Mil. Total Assets at the begining of this year (Jun25) was €9,615 Mil. Long-Term Debt & Capital Lease Obligation was €1,213 Mil. Total Current Assets was €7,603 Mil. Total Current Liabilities was €6,195 Mil.
Net Income was 85.088 + 124.754 + 115.753 + 138.837 = €464 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.
Saab AB's current Net Income (TTM) was 651.
==> 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.
Saab AB's current ratio of this year was 1.22716282. Saab AB's current ratio of last year was 1.29592902.
==> 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.
Saab AB's number of shares in issue this year was 541.221. Saab AB's number of shares in issue last year was 541.202.
==> 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.
Saab AB's gross margin of this year was 0.22017343. Saab AB's gross margin of last year was 0.21701708.
==> 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
Saab AB's asset turnover of this year was 0.8412575. Saab AB's asset turnover of last year was 0.80375921.
==> 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
Saab AB has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Saab AB (MIL:1SAAB) has a Piotroski F-Score of 6 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Saab AB and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Saab AB's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Saab AB ranks #150 out of 321 companies in the Aerospace & Defense industry, placing it in the top 46.7%.
Is Saab AB's Piotroski F-Score too high?
Saab AB's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Saab AB's value of 6 is 20% above this industry median. Based on the distribution chart, Saab AB ranks #150 out of 321 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Saab AB has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saab AB's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Saab AB ranks #150 out of 321 companies for Piotroski F-Score. This puts Saab AB in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Saab AB's value of 6 is 20% above this benchmark. Historically, Saab 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 5.00 vs. the industry median of 5.00, Saab 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 Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 321 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. Saab AB'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 Saab AB and its competitors. For the Aerospace & Defense 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. Saab AB's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saab AB stock overvalued right now?
Based on GuruFocus' analysis, Saab AB (MIL:1SAAB) is currently considered Significantly Overvalued. The stock's GF Value™ is €37.62, compared to a current price of €51.75 — trading 37.6% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Aerospace & Defense industry median of 5.00. Saab AB's overall GF Score™ is 69/100 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 Saab AB (MIL:1SAAB), the current Piotroski F-Score is 6 as of Jul. 18, 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 Saab AB (MIL:1SAAB) Overvalued in 2026?
Based on GuruFocus' analysis, Saab AB stock appears to be overvalued.
The current stock price of €51.75 is trading 37.6% above its estimated GF Value™ of €37.62.
GuruFocus considers Saab AB to be Significantly Overvalued.
Key valuation signals for MIL:1SAAB:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: €37.62 vs. price of €51.75 (37.6% above fair value)
Industry Position: 20% above the Aerospace & Defense median (#150 of 321)
No single metric tells the full story. See the MIL:1SAAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab's sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.
69GF Score
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