SATS ASAOSL:SATS +1.43%67 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates OSL:SATS with a GF Score™ of 67/100 and a GF Value™ of kr27.81 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 841 Travel & Leisure companies, SATS ASA ranks better than 96.79% 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
SATS ASA 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 SATS ASA's Piotroski F-Score or its related term are showing as below:
OSL:SATS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 8
During the past 10 years, the highest Piotroski F-Score of SATS ASA was 9. The lowest was 3. And the median was 7.
SATS ASA (OSL:SATS) 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.
SATS ASA Piotroski F-Score Related Terms
SATS ASA Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for SATS ASA'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.
OSL:SATS vs AS, HAS, LTH: Piotroski F-Score Comparison
For the Leisure subindustry, SATS ASA'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.
SATS ASA Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where SATS ASA'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.
SATS ASA's current Net Income (TTM) was 487.
==> 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.
SATS ASA's return on assets of this year was 0.05254073. SATS ASA's return on assets of last year was 0.03757257.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
SATS ASA's gearing of this year was 0.57089688. SATS ASA's gearing of last year was 0.60516807.
==> 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
SATS ASA's current ratio of this year was 0.39092873. SATS ASA's current ratio of last year was 0.40224913.
==> 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.
SATS ASA's number of shares in issue this year was 199.173. SATS ASA's number of shares in issue last year was 204.434.
==> 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.
SATS ASA's gross margin of this year was 0.9739146. SATS ASA's gross margin of last year was 0.97270616.
==> 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
SATS ASA's asset turnover of this year was 0.60384076. SATS ASA's asset turnover of last year was 0.56588893.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
SATS ASA has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
SATS ASA (OSL:SATS) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SATS ASA and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, SATS ASA's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, SATS ASA ranks #27 out of 841 companies in the Travel & Leisure industry, placing it in the top 3.2%.
Is SATS ASA's Piotroski F-Score too high?
SATS ASA'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 3.00 to a high of 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. SATS ASA's value of 8 is 60% above this industry median. Based on the distribution chart, SATS ASA ranks #27 out of 841 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, SATS ASA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, SATS ASA ranks #27 out of 841 companies for Piotroski F-Score. This places SATS ASA in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. SATS ASA's value of 8 is 60% above this benchmark. Historically, SATS ASA'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, SATS ASA 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 841 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. SATS ASA'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 SATS ASA and its competitors. For the Travel & Leisure 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. SATS ASA'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 SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr27.81, compared to a current price of kr42.70 — trading 53.5% above 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 Travel & Leisure industry median of 5.00. SATS ASA's overall GF Score™ is 67/100 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 SATS ASA (OSL:SATS), the current Piotroski F-Score is 8 as of Jun. 28, 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 SATS ASA (OSL:SATS) Overvalued in 2026?
Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued.
The current stock price of kr42.70 is trading 53.5% above its estimated GF Value™ of kr27.81.
GuruFocus considers SATS ASA to be Significantly Overvalued.
Key valuation signals for OSL:SATS:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: kr27.81 vs. price of kr42.70 (53.5% above fair value)
Industry Position: 60% above the Travel & Leisure median (#27 of 841)
No single metric tells the full story. See the OSL:SATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
67GF Score
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