Admicom Oyj (OHEL:ADMCM) Piotroski F-Score: 8 (As of Aug. 02, 2026) — 14% Above Median

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OHEL:ADMCM Admicom Oyj OHEL:ADMCM
83 GF Score
Price €25.00
GF Value €49.87
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Admicom Oyj Piotroski F-Score?

Admicom Oyj OHEL:ADMCM -0.79% 83 Piotroski F-Score is 8 as of Aug. 02, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates OHEL:ADMCM with a GF Score™ of 83/100 and a GF Value™ of €49.87 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,730 Software companies, Admicom Oyj ranks better than 98.64% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Admicom Oyj has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Admicom Oyj's Piotroski F-Score or its related term are showing as below:

OHEL:ADMCM' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 7   Max: 8
Current: 8

During the past 10 years, the highest Piotroski F-Score of Admicom Oyj was 8. The lowest was 1. And the median was 7.

Admicom Oyj  (OHEL:ADMCM) 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.


Admicom Oyj Piotroski F-Score Related Terms


Admicom Oyj Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Admicom 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.

Admicom Oyj Piotroski F-Score Chart

Admicom Oyj 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 1.00 0.00 0.00 7.00 5.00

Admicom Oyj Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.00 N/A 5.00 N/A 8.00

OHEL:ADMCM vs QH, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Admicom 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.


Admicom Oyj Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Admicom Oyj's Piotroski F-Score distribution charts can be found below:

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


OHEL:ADMCM
83GF Score
Admicom Oyj OHEL:ADMCM
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 1.881 + 1.458 + 0.929 + 0.185 = €4.45 Mil.
Cash Flow from Operations was 2.497 + 1.775 + 2.453 + 2.516 = €9.24 Mil.
Revenue was 9.288 + 9.491 + 9.619 + 9.703 = €38.10 Mil.
Gross Profit was 4.718 + 7.704 + 4.239 + 3.745 = €20.41 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(38.778 + 40.206 + 41.148 + 37.859 + 37.13) / 5 = €39.0242 Mil.
Total Assets at the begining of this year (Jun25) was €38.78 Mil.
Long-Term Debt & Capital Lease Obligation was €0.11 Mil.
Total Current Assets was €9.54 Mil.
Total Current Liabilities was €6.30 Mil.
Net Income was 1.912 + 0.973 + 0.676 + 1.292 = €4.85 Mil.

Revenue was 8.679 + 8.808 + 9.27 + 9.688 = €36.45 Mil.
Gross Profit was 4.722 + 6.595 + 3.673 + 4.441 = €19.43 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(39.877 + 0 + 43.497 + 41.726 + 38.778) / 5 = €40.9695 Mil.
Total Assets at the begining of last year (Jun24) was €39.88 Mil.
Long-Term Debt & Capital Lease Obligation was €0.14 Mil.
Total Current Assets was €7.29 Mil.
Total Current Liabilities was €6.42 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.

Admicom Oyj's current Net Income (TTM) was 4.45. ==> 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.

Admicom Oyj's current Cash Flow from Operations (TTM) was 9.24. ==> 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 (Jun25)
=4.453/38.778
=0.11483315

ROA (Last Year)=Net Income/Total Assets (Jun24)
=4.853/39.877
=0.12169923

Admicom Oyj's return on assets of this year was 0.11483315. Admicom Oyj's return on assets of last year was 0.12169923. ==> Last year is higher ==> Score 0.

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.

Admicom Oyj's current Net Income (TTM) was 4.45. Admicom Oyj's current Cash Flow from Operations (TTM) was 9.24. ==> 9.24 > 4.45 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0.114/39.0242
=0.00292126

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.141/40.9695
=0.00344158

Admicom Oyj's gearing of this year was 0.00292126. Admicom Oyj's gearing of last year was 0.00344158. ==> 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

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=9.536/6.3
=1.51365079

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=7.286/6.42
=1.13489097

Admicom Oyj's current ratio of this year was 1.51365079. Admicom Oyj's current ratio of last year was 1.13489097. ==> 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.

Admicom Oyj's number of shares in issue this year was 4.903. Admicom Oyj's number of shares in issue last year was 5.009. ==> 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
=20.406/38.101
=0.53557649

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=19.431/36.445
=0.53315956

Admicom Oyj's gross margin of this year was 0.53557649. Admicom Oyj's gross margin of last year was 0.53315956. ==> 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 (Jun25)
=38.101/38.778
=0.98254165

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=36.445/39.877
=0.91393535

Admicom Oyj's asset turnover of this year was 0.98254165. Admicom Oyj's asset turnover of last year was 0.91393535. ==> 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+0+1+1+1+1+1+1
=8

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

Admicom Oyj has an F-score of 8. 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 8 mean?
Admicom Oyj (OHEL:ADMCM) has a Piotroski F-Score of 8 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Admicom Oyj and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Admicom Oyj's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Admicom Oyj ranks #37 out of 2730 companies in the Software industry, placing it in the top 1.4%.
Is Admicom Oyj's Piotroski F-Score too high?
Admicom Oyj's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Software industry median Piotroski F-Score is 5.00. Admicom Oyj's value of 8 is 60% above this industry median. Based on the distribution chart, Admicom Oyj ranks #37 out of 2730 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Admicom Oyj has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Admicom Oyj's Piotroski F-Score compare to QH and SHOP?
According to the Software industry distribution chart, Admicom Oyj ranks #37 out of 2730 companies for Piotroski F-Score. This places Admicom Oyj in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Admicom Oyj's value of 8 is 60% above this benchmark. Historically, Admicom Oyj's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Admicom Oyj 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 2,730 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. Admicom Oyj's current Piotroski F-Score of 8 is 60% 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 Admicom Oyj 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. Admicom Oyj's current Piotroski F-Score is 8, which is 14% above 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 Admicom Oyj stock overvalued right now?
Based on GuruFocus' analysis, Admicom Oyj (OHEL:ADMCM) is currently considered Significantly Undervalued. The stock's GF Value™ is €49.87, compared to a current price of €25.00 — trading 49.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Software industry median of 5.00. Admicom Oyj's overall GF Score™ is 83/100 with 4 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 Admicom Oyj (OHEL:ADMCM), the current Piotroski F-Score is 8 as of Aug. 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 Admicom Oyj (OHEL:ADMCM) Overvalued in 2026?

Based on GuruFocus' analysis, Admicom Oyj stock appears to be undervalued. The current stock price of €25.00 is trading 49.9% below its estimated GF Value™ of €49.87. GuruFocus considers Admicom Oyj to be Significantly Undervalued.

Key valuation signals for OHEL:ADMCM:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: €49.87 vs. price of €25.00 (49.9% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 60% above the Software median (#37 of 2730)

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


Admicom Oyj Business Description

Address Vainonkatu 26, Jyvaskyla, FIN, 40100
Admicom Oyj provides software solutions and related services for the construction industry, covering the construction value chain as well as services that support its customer's operations. Its ERP system supports management of operations, finances, and projects. The company also offers a project management product suite for managing the lifecycle of a building.
83GF Score

Get the complete analysis for OHEL:ADMCM

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

€25.00
Price
€49.87
GF Value