Siminn hf (OISE:SIMINN) Piotroski F-Score: 6 (As of Jun. 25, 2026) — Near Median


OISE:SIMINN Siminn hf OISE:SIMINN
88 GF Score
Price kr11.95
GF Value kr15.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Siminn hf Piotroski F-Score?

Siminn hf OISE:SIMINN +0.42% 88 Piotroski F-Score is 6 as of Jun. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates OISE:SIMINN with a GF Score™ of 88/100 and a GF Value™ of kr15.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 359 Telecommunication Services companies, Siminn hf ranks better than 67.69% 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

Siminn hf 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 Siminn hf's Piotroski F-Score or its related term are showing as below:

OISE:SIMINN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Siminn hf was 8. The lowest was 3. And the median was 6.

Siminn hf  (OISE:SIMINN) 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.


Siminn hf Piotroski F-Score Related Terms


Siminn hf Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Siminn hf'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.

Siminn hf Piotroski F-Score Chart

Siminn hf 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 7.00 6.00 5.00 7.00 6.00

Siminn hf 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 6.00 7.00 6.00 6.00

OISE:SIMINN vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Siminn hf'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.


Siminn hf Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Siminn hf's Piotroski F-Score distribution charts can be found below:

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


OISE:SIMINN
88GF Score
Siminn hf OISE:SIMINN
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 537 + 622 + 620 + 171 = kr1,950 Mil.
Cash Flow from Operations was 1394 + 1512 + 1253 + 1289 = kr5,448 Mil.
Revenue was 7017 + 6888 + 7090 + 7058 = kr28,053 Mil.
Gross Profit was 2642 + 2789 + 2802 + 2421 = kr10,654 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(42135 + 42006 + 42491 + 44322 + 47174) / 5 = kr43625.6 Mil.
Total Assets at the begining of this year (Mar25) was kr42,135 Mil.
Long-Term Debt & Capital Lease Obligation was kr19,216 Mil.
Total Current Assets was kr14,200 Mil.
Total Current Liabilities was kr9,902 Mil.
Net Income was 244 + 449 + 517 + -188 = kr1,022 Mil.

Revenue was 6708 + 6773 + 7291 + 7003 = kr27,775 Mil.
Gross Profit was 2272 + 2516 + 2836 + 2477 = kr10,101 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(40723 + 39544 + 39873 + 41182 + 42135) / 5 = kr40691.4 Mil.
Total Assets at the begining of last year (Mar24) was kr40,723 Mil.
Long-Term Debt & Capital Lease Obligation was kr15,613 Mil.
Total Current Assets was kr10,054 Mil.
Total Current Liabilities was kr9,028 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.

Siminn hf's current Net Income (TTM) was 1,950. ==> 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.

Siminn hf's current Cash Flow from Operations (TTM) was 5,448. ==> 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 (Mar25)
=1950/42135
=0.04627981

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1022/40723
=0.02509638

Siminn hf's return on assets of this year was 0.04627981. Siminn hf's return on assets of last year was 0.02509638. ==> This year is higher. ==> Score 1.

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.

Siminn hf's current Net Income (TTM) was 1,950. Siminn hf's current Cash Flow from Operations (TTM) was 5,448. ==> 5,448 > 1,950 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=19216/43625.6
=0.44047532

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=15613/40691.4
=0.38369287

Siminn hf's gearing of this year was 0.44047532. Siminn hf's gearing of last year was 0.38369287. ==> Last year is lower than this year ==> Score 0.

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
=14200/9902
=1.43405373

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=10054/9028
=1.11364643

Siminn hf's current ratio of this year was 1.43405373. Siminn hf's current ratio of last year was 1.11364643. ==> 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.

Siminn hf's number of shares in issue this year was 2442.857. Siminn hf's number of shares in issue last year was 2350. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=10654/28053
=0.37978113

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10101/27775
=0.36367237

Siminn hf's gross margin of this year was 0.37978113. Siminn hf's gross margin of last year was 0.36367237. ==> 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 (Mar25)
=28053/42135
=0.66578854

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=27775/40723
=0.682047

Siminn hf's asset turnover of this year was 0.66578854. Siminn hf's asset turnover of last year was 0.682047. ==> 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+1+1+0+1+0+1+0
=6

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

Siminn hf has an F-score of 6 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 6 mean?
Siminn hf (OISE:SIMINN) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Siminn hf and its competitors. This is near median its historical median of 6.00. Over the past decade, Siminn hf's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Siminn hf ranks #116 out of 359 companies in the Telecommunication Services industry, placing it in the top 32.3%.
Is Siminn hf's Piotroski F-Score too high?
Siminn hf's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Siminn hf's value of 6 is 0% at this industry median. Based on the distribution chart, Siminn hf ranks #116 out of 359 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Siminn hf has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siminn hf's Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Siminn hf ranks #116 out of 359 companies for Piotroski F-Score. This puts Siminn hf in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Siminn hf's value of 6 is 0% at this benchmark. Historically, Siminn hf'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 6.00 vs. the industry median of 6.00, Siminn hf has consistently been at 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 359 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. Siminn hf's current Piotroski F-Score of 6 is 0% at 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 Siminn hf and its competitors. For the Telecommunication Services 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. Siminn hf's current Piotroski F-Score is 6, which is near 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 Siminn hf stock overvalued right now?
Based on GuruFocus' analysis, Siminn hf (OISE:SIMINN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.09, compared to a current price of kr11.95 — trading 20.8% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Telecommunication Services industry median of 6.00. Siminn hf's overall GF Score™ is 88/100 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 Siminn hf (OISE:SIMINN), the current Piotroski F-Score is 6 as of Jun. 25, 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 Siminn hf (OISE:SIMINN) Overvalued in 2026?

Based on GuruFocus' analysis, Siminn hf stock appears to be undervalued. The current stock price of kr11.95 is trading 20.8% below its estimated GF Value™ of kr15.09. GuruFocus considers Siminn hf to be Modestly Undervalued.

Key valuation signals for OISE:SIMINN:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: kr15.09 vs. price of kr11.95 (20.8% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 0% at the Telecommunication Services median (#116 of 359)

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


Siminn hf Business Description

Address Armula 25, Reykjavik, ISL, 108
Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile, Internet, and Network; TV; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop, and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service, or other mobile services.
88GF Score

Get the complete analysis for OISE:SIMINN

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

kr11.95
Price
kr15.09
GF Value