Atria Oyj (OHEL:ATRAV) Piotroski F-Score: 4 (As of Jul. 17, 2026) — 33% Below Median

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OHEL:ATRAV Atria Oyj OHEL:ATRAV
73 GF Score
Price €15.62
GF Value €11.67
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Atria Oyj Piotroski F-Score?

Atria Oyj OHEL:ATRAV -1.51% 73 Piotroski F-Score is 4 as of Jul. 17, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates OHEL:ATRAV with a GF Score™ of 73/100 and a GF Value™ of €11.67 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,915 Consumer Packaged Goods companies, Atria Oyj ranks worse than 67.1% 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

Atria Oyj has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

OHEL:ATRAV' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Atria Oyj was 9. The lowest was 2. And the median was 6.

Atria Oyj  (OHEL:ATRAV) 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.


Atria Oyj Piotroski F-Score Related Terms


Atria Oyj Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Atria 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.

Atria Oyj Piotroski F-Score Chart

Atria 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 5.00 6.00 2.00 6.00 6.00

Atria Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 7.00 8.00 6.00 4.00

OHEL:ATRAV vs KHC, GIS, HRL: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Atria 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.


Atria Oyj Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atria Oyj's Piotroski F-Score distribution charts can be found below:

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


OHEL:ATRAV
73GF Score
Atria Oyj OHEL:ATRAV
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 11.7 + 17.1 + 4.1 + 9.8 = €43 Mil.
Cash Flow from Operations was 0 + 0 + 0 + -4.9 = €-5 Mil.
Revenue was 459.8 + 457 + 476.5 + 450.3 = €1,844 Mil.
Gross Profit was 51.3 + 53.4 + 50 + 45 = €200 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1020.7 + 977.7 + 998.8 + 999.39 + 1030.9) / 5 = €1005.498 Mil.
Total Assets at the begining of this year (Mar25) was €1,021 Mil.
Long-Term Debt & Capital Lease Obligation was €254 Mil.
Total Current Assets was €274 Mil.
Total Current Liabilities was €260 Mil.
Net Income was 11 + 18.3 + 7.5 + 7.9 = €45 Mil.

Revenue was 454.3 + 439 + 445.3 + 420.5 = €1,759 Mil.
Gross Profit was 52.2 + 54.7 + 46 + 43.3 = €196 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1001 + 997.9 + 995.5 + 984.794 + 1020.7) / 5 = €999.9788 Mil.
Total Assets at the begining of last year (Mar24) was €1,001 Mil.
Long-Term Debt & Capital Lease Obligation was €268 Mil.
Total Current Assets was €288 Mil.
Total Current Liabilities was €267 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.

Atria Oyj's current Net Income (TTM) was 43. ==> 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.

Atria Oyj's current Cash Flow from Operations (TTM) was -5. ==> Negative ==> Score 0.

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 (Mar25)
=42.7/1020.7
=0.04183404

ROA (Last Year)=Net Income/Total Assets (Mar24)
=44.7/1001
=0.04465534

Atria Oyj's return on assets of this year was 0.04183404. Atria Oyj's return on assets of last year was 0.04465534. ==> 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.

Atria Oyj's current Net Income (TTM) was 43. Atria Oyj's current Cash Flow from Operations (TTM) was -5. ==> -5 <= 43 ==> CFROA <= ROA ==> Score 0.

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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=254/1005.498
=0.25261114

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=267.7/999.9788
=0.26770568

Atria Oyj's gearing of this year was 0.25261114. Atria Oyj's gearing of last year was 0.26770568. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=273.5/259.9
=1.05232782

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=287.7/266.5
=1.07954972

Atria Oyj's current ratio of this year was 1.05232782. Atria Oyj's current ratio of last year was 1.07954972. ==> 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.

Atria Oyj's number of shares in issue this year was 28. Atria Oyj's number of shares in issue last year was 28.214. ==> 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
=199.7/1843.6
=0.10832068

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=196.2/1759.1
=0.11153431

Atria Oyj's gross margin of this year was 0.10832068. Atria Oyj's gross margin of last year was 0.11153431. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1843.6/1020.7
=1.80621142

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1759.1/1001
=1.75734266

Atria Oyj's asset turnover of this year was 1.80621142. Atria Oyj's asset turnover of last year was 1.75734266. ==> 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+0+0+0+1+0+1+0+1
=4

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

Atria Oyj has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Atria Oyj (OHEL:ATRAV) has a Piotroski F-Score of 4 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Atria Oyj and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Atria Oyj's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Atria Oyj ranks #1285 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 67.1%.
Is Atria Oyj's Piotroski F-Score too high?
Atria Oyj's current Piotroski F-Score of 4 is 33% 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Atria Oyj's value of 4 is 20% below this industry median. Based on the distribution chart, Atria Oyj ranks #1285 out of 1915 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Atria Oyj has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atria Oyj's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Atria Oyj ranks #1285 out of 1915 companies for Piotroski F-Score. This places Atria Oyj in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Atria Oyj's value of 4 is 20% below this benchmark. Historically, Atria Oyj'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 5.00, Atria Oyj 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,915 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. Atria Oyj's current Piotroski F-Score of 4 is 20% 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 Atria Oyj and its competitors. For the Consumer Packaged Goods 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. Atria Oyj's current Piotroski F-Score is 4, which is 33% 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 Atria Oyj stock overvalued right now?
Based on GuruFocus' analysis, Atria Oyj (OHEL:ATRAV) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.67, compared to a current price of €15.62 — trading 33.8% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Atria Oyj's overall GF Score™ is 73/100 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 Atria Oyj (OHEL:ATRAV), the current Piotroski F-Score is 4 as of Jul. 17, 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 Atria Oyj (OHEL:ATRAV) Overvalued in 2026?

Based on GuruFocus' analysis, Atria Oyj stock appears to be overvalued. The current stock price of €15.62 is trading 33.8% above its estimated GF Value™ of €11.67. GuruFocus considers Atria Oyj to be Significantly Overvalued.

Key valuation signals for OHEL:ATRAV:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: €11.67 vs. price of €15.62 (33.8% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 20% below the Consumer Packaged Goods median (#1285 of 1915)

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


Atria Oyj Business Description

Other Exchanges 0IY1:UKAJC:Germany
Address Itikanmaenkatu 3, P.O. Box 900, Seinajoki, FIN, 60060
Atria Oyj manufactures and markets food products, in particular meat products, poultry products, ready meals and food concepts. Its main market area covers Finland, Sweden, Denmark, and Baltic countries. The company's segments include Atria Finland, Atria Sweden, Atria Denmark and Estonia. Atria Finland's product categories include Fresh and consumer packed meat, Poultry products, Cooking products, such as cooking sausages, Sandwich toppings, Convenience food, and Animal feed. Atria Sweden's products include Cold cuts, Sausages, Fresh poultry products, Convenience food, Vegetable and delicatessen products, and Atria Denmark and Estonia's product categories include Meat products, particularly sausages, including cold cuts and spreads, Convenience food, and fresh and consumer-packed meat.
73GF Score

Get the complete analysis for OHEL:ATRAV

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

€15.62
Price
€11.67
GF Value