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Transiro Holding ABNGM:TIRO Piotroski F-Score is 7 as of Aug. 01, 2026, which is 40% above its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 2,734 Software companies, Transiro Holding AB ranks better than 91.92% 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
Transiro Holding AB 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 Transiro Holding AB's Piotroski F-Score or its related term are showing as below:
NGM:TIRO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 7
During the past 10 years, the highest Piotroski F-Score of Transiro Holding AB was 8. The lowest was 3. And the median was 5.
Transiro Holding AB (NGM:TIRO) 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.
Transiro Holding AB Piotroski F-Score Related Terms
Transiro Holding AB Piotroski F-Score Historical Data
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The historical data trend for Transiro Holding 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.
NGM:TIRO vs QH, SHOP, UBER: Piotroski F-Score Comparison
For the Software - Application subindustry, Transiro Holding 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.
Transiro Holding AB Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Transiro Holding AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Transiro Holding 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.
*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.
Transiro Holding AB's current Net Income (TTM) was -1.29.
==> 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.
Transiro Holding AB's return on assets of this year was -0.02560837. Transiro Holding AB's return on assets of last year was -0.09563852.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Transiro Holding AB's gearing of this year was 0. Transiro Holding AB's gearing of last year was 0.
==> 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
Transiro Holding AB's current ratio of this year was 1.31025327. Transiro Holding AB's current ratio of last year was 0.66420912.
==> 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.
Transiro Holding AB's number of shares in issue this year was 761.262. Transiro Holding AB's number of shares in issue last year was 761.262.
==> 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.
Transiro Holding AB's gross margin of this year was 0.40809926. Transiro Holding AB's gross margin of last year was 0.53090729.
==> 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
Transiro Holding AB's asset turnover of this year was 0.58371968. Transiro Holding AB's asset turnover of last year was 0.54659507.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Transiro Holding AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Transiro Holding AB (NGM:TIRO) has a Piotroski F-Score of 7 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Transiro Holding AB and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Transiro Holding AB's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Transiro Holding AB ranks #221 out of 2734 companies in the Software industry, placing it in the top 8.1%.
Is Transiro Holding AB's Piotroski F-Score too high?
Transiro Holding AB's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Transiro Holding AB's value of 7 is 40% above this industry median. Based on the distribution chart, Transiro Holding AB ranks #221 out of 2734 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Transiro Holding AB's Piotroski F-Score compare to QH and SHOP?
According to the Software industry distribution chart, Transiro Holding AB ranks #221 out of 2734 companies for Piotroski F-Score. This places Transiro Holding AB in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Transiro Holding AB's value of 7 is 40% above this benchmark. Historically, Transiro Holding AB's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Transiro Holding 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 a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,734 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. Transiro Holding AB'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 Transiro Holding AB and its competitors. For the Software 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. Transiro Holding AB's current Piotroski F-Score is 7, which is 40% 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 Transiro Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Transiro Holding AB (NGM:TIRO) is currently considered Fairly Valued. The stock's GF Value™ is kr0.03, compared to a current price of kr0.03 — trading 6.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Software industry median of 5.00. 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 Transiro Holding AB (NGM:TIRO), the current Piotroski F-Score is 7 as of Aug. 01, 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.
Transiro Holding AB, formerly Transiro Int AB provides cloud-based services for the transportation industry. The company products and services include Bus and consulting services. It generates resources from Sweden, India, Indonesia, Philippines and Russia.
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