Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Luxor ASOCSE:LUXOR B 50 Piotroski F-Score is 5 as of Aug. 13, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates OCSE:LUXOR B with a GF Score™ of 50/100 and a GF Value™ of kr571.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,494 Banks companies, Luxor AS ranks worse than 57.3% 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
Luxor AS 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 Luxor AS's Piotroski F-Score or its related term are showing as below:
OCSE:LUXOR B'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Luxor AS was 9. The lowest was 2. And the median was 6.
Luxor AS (OCSE:LUXOR B) 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.
Luxor AS Piotroski F-Score Related Terms
Luxor AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Luxor 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.
OCSE:LUXOR B vs RKT, FNMA, PFSI: Piotroski F-Score Comparison
For the Mortgage Finance subindustry, Luxor 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.
Luxor AS Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Luxor AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Luxor 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.
Luxor AS's current Net Income (TTM) was 46.4.
==> 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.
Luxor AS's gearing of this year was 0.06566926. Luxor AS's gearing of last year was 0.06803381.
==> 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
Luxor AS's current ratio of this year was 0.02560858. Luxor AS's current ratio of last year was 0.01937198.
==> 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.
Luxor AS's number of shares in issue this year was 1. Luxor AS's number of shares in issue last year was 1.003.
==> 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.
Luxor AS's gross margin of this year was 1.0497275. Luxor AS's gross margin of last year was 1.05773163.
==> 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
Luxor AS's asset turnover of this year was 0.11873871. Luxor AS's asset turnover of last year was 0.15387141.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
0
+
0
+
1
+
1
+
1
+
0
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Luxor AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Luxor AS (OCSE:LUXOR B) has a Piotroski F-Score of 5 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Luxor AS and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Luxor AS's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Luxor AS ranks #856 out of 1494 companies in the Banks industry, placing it in the top 57.3%.
Is Luxor AS's Piotroski F-Score too high?
Luxor AS's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Banks industry median Piotroski F-Score is 6.00. Luxor AS's value of 5 is 16.7% below this industry median. Based on the distribution chart, Luxor AS ranks #856 out of 1494 companies in the Banks industry, which is below the industry midpoint. Overall, Luxor AS has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luxor AS's Piotroski F-Score compare to RKT and FNMA?
According to the Banks industry distribution chart, Luxor AS ranks #856 out of 1494 companies for Piotroski F-Score. This places Luxor AS in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Luxor AS's value of 5 is 16.7% below this benchmark. Historically, Luxor AS's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Luxor AS has consistently been below 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 Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,494 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. Luxor AS's current Piotroski F-Score of 5 is 16.7% below 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 Luxor AS and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luxor AS's current Piotroski F-Score is 5, which is 17% below 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 Luxor AS stock overvalued right now?
Based on GuruFocus' analysis, Luxor AS (OCSE:LUXOR B) is currently considered Modestly Overvalued. The stock's GF Value™ is kr571.06, compared to a current price of kr745.00 — trading 30.5% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Banks industry median of 6.00. Luxor AS's overall GF Score™ is 50/100 with 7 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 Luxor AS (OCSE:LUXOR B), the current Piotroski F-Score is 5 as of Aug. 13, 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 Luxor AS (OCSE:LUXOR B) Overvalued in 2026?
Based on GuruFocus' analysis, Luxor AS stock appears to be overvalued.
The current stock price of kr745.00 is trading 30.5% above its estimated GF Value™ of kr571.06.
GuruFocus considers Luxor AS to be Modestly Overvalued.
Key valuation signals for OCSE:LUXOR B:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: kr571.06 vs. price of kr745.00 (30.5% above fair value)
Industry Position: 16.7% below the Banks median (#856 of 1494)
No single metric tells the full story. See the OCSE:LUXOR B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luxor AS is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.
50GF Score
Get the complete analysis for OCSE:LUXOR B
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OCSE:LUXOR B has been successfully added to your 
