Olvi OyjOHEL:OLVAS +0.47%97 Piotroski F-Score is 6 as of Jun. 30, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates OHEL:OLVAS with a GF Score™ of 97/100 and a GF Value™ of €33.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Olvi Oyj ranks better than 71.77% 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
Olvi Oyj 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 Olvi Oyj's Piotroski F-Score or its related term are showing as below:
OHEL:OLVAS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Olvi Oyj was 9. The lowest was 3. And the median was 7.
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.
Olvi Oyj Piotroski F-Score Related Terms
Olvi Oyj Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Olvi 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.
OHEL:OLVAS vs BUD, STZ, TAP: Piotroski F-Score Comparison
For the Beverages - Brewers subindustry, Olvi 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.
Olvi Oyj Piotroski F-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Olvi Oyj's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Olvi Oyj'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.
Olvi Oyj's current Net Income (TTM) was 60.1.
==> 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.
Olvi Oyj's current ratio of this year was 1.22504189. Olvi Oyj's current ratio of last year was 1.50200961.
==> 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.
Olvi Oyj's number of shares in issue this year was 20.701. Olvi Oyj's number of shares in issue last year was 20.701.
==> 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.
Olvi Oyj's gross margin of this year was 0.41961493. Olvi Oyj's gross margin of last year was 0.41031404.
==> 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
Olvi Oyj's asset turnover of this year was 1.2401507. Olvi Oyj's asset turnover of last year was 1.32740231.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Olvi Oyj has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Olvi Oyj (OHEL:OLVAS) has a Piotroski F-Score of 6 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Olvi Oyj and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Olvi Oyj's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Olvi Oyj ranks #59 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 28.2%.
Is Olvi Oyj's Piotroski F-Score too high?
Olvi Oyj's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Beverages - Alcoholic industry median Piotroski F-Score is 5.00. Olvi Oyj's value of 6 is 20% above this industry median. Based on the distribution chart, Olvi Oyj ranks #59 out of 209 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Olvi Oyj has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Olvi Oyj's Piotroski F-Score compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Olvi Oyj ranks #59 out of 209 companies for Piotroski F-Score. This puts Olvi Oyj in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Olvi Oyj's value of 6 is 20% above this benchmark. Historically, Olvi Oyj's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Olvi 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 Beverages - Alcoholic company?
The median Piotroski F-Score among Beverages - Alcoholic companies is 5.00, based on 209 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. Olvi Oyj'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 Olvi Oyj and its competitors. For the Beverages - Alcoholic 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. Olvi Oyj's current Piotroski F-Score is 6, which is 14% below 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 Olvi Oyj stock overvalued right now?
Based on GuruFocus' analysis, Olvi Oyj (OHEL:OLVAS) is currently considered Fairly Valued. The stock's GF Value™ is €33.78, compared to a current price of €31.85 — trading 5.7% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Beverages - Alcoholic industry median of 5.00. Olvi Oyj's overall GF Score™ is 97/100 with 3 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 Olvi Oyj (OHEL:OLVAS), the current Piotroski F-Score is 6 as of Jun. 30, 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 Olvi Oyj (OHEL:OLVAS) Overvalued in 2026?
Based on GuruFocus' analysis, Olvi Oyj stock appears to be undervalued.
The current stock price of €31.85 is trading 5.7% below its estimated GF Value™ of €33.78.
GuruFocus considers Olvi Oyj to be Fairly Valued.
Key valuation signals for OHEL:OLVAS:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: €33.78 vs. price of €31.85 (5.7% below fair value)
Industry Position: 20% above the Beverages - Alcoholic median (#59 of 209)
No single metric tells the full story. See the OHEL:OLVAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olvi Oyj is an international beverage group that produces alcoholic and nonalcoholic products in several categories. Its product portfolio includes beers, waters, ciders, long drinks, soft drinks, wines, juices, sports drinks, wellness drinks, energy drinks, and distillates. These products are offered under brands like A.Le Coq, Sandels, and OLVI, among others. Olvi generates the majority of its revenue from the sale of beers. The Group's operations are divided into three segments based on the geographical markets in which it operates, including Finland, the Baltic Sea region, and Belarus. The majority of its revenue is generated from the Baltic Sea region.
97GF Score
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