ABG Sundal Collier Holding ASAOSTO:ASCO +0.28%70 Piotroski F-Score is 7 as of Jul. 11, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates OSTO:ASCO with a GF Score™ of 70/100 and a GF Value™ of kr8.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, ABG Sundal Collier Holding ASA ranks better than 91.82% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
ABG Sundal Collier Holding ASA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for ABG Sundal Collier Holding ASA's Piotroski F-Score or its related term are showing as below:
OSTO:ASCO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of ABG Sundal Collier Holding ASA was 7. The lowest was 2. And the median was 6.
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.
ABG Sundal Collier Holding ASA Piotroski F-Score Related Terms
ABG Sundal Collier Holding ASA Piotroski F-Score Historical Data
* 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.
OSTO:ASCO vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, ABG Sundal Collier Holding 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.
ABG Sundal Collier Holding ASA Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ABG Sundal Collier Holding 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.
ABG Sundal Collier Holding ASA's current Net Income (TTM) was 394.
==> 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.
ABG Sundal Collier Holding ASA's current Cash Flow from Operations (TTM) was 442.
==> 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.
ABG Sundal Collier Holding ASA's return on assets of this year was 0.06063124. ABG Sundal Collier Holding ASA's return on assets of last year was 0.04035477.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ABG Sundal Collier Holding ASA's gearing of this year was 0. ABG Sundal Collier Holding ASA's gearing of last year was 0.
==> 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
ABG Sundal Collier Holding ASA's current ratio of this year was 1.07483614. ABG Sundal Collier Holding ASA's current ratio of last year was 1.11707597.
==> 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.
ABG Sundal Collier Holding ASA's number of shares in issue this year was 585.608. ABG Sundal Collier Holding ASA's number of shares in issue last year was 573.992.
==> 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.
ABG Sundal Collier Holding ASA's gross margin of this year was 0.44658531. ABG Sundal Collier Holding ASA's gross margin of last year was 0.43535303.
==> 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
ABG Sundal Collier Holding ASA's asset turnover of this year was 0.35940169. ABG Sundal Collier Holding ASA's asset turnover of last year was 0.26046694.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ABG Sundal Collier Holding ASA has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
ABG Sundal Collier Holding ASA (OSTO:ASCO) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ABG Sundal Collier Holding ASA and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, ABG Sundal Collier Holding ASA's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, ABG Sundal Collier Holding ASA ranks #64 out of 782 companies in the Capital Markets industry, placing it in the top 8.2%.
Is ABG Sundal Collier Holding ASA's Piotroski F-Score too high?
ABG Sundal Collier Holding ASA's current Piotroski F-Score of 7 is 17% above 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 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. ABG Sundal Collier Holding ASA's value of 7 is 40% above this industry median. Based on the distribution chart, ABG Sundal Collier Holding ASA ranks #64 out of 782 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, ABG Sundal Collier Holding ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ABG Sundal Collier Holding ASA's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, ABG Sundal Collier Holding ASA ranks #64 out of 782 companies for Piotroski F-Score. This places ABG Sundal Collier Holding ASA in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ABG Sundal Collier Holding ASA's value of 7 is 40% above this benchmark. Historically, ABG Sundal Collier Holding ASA's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, ABG Sundal Collier Holding 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 782 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. ABG Sundal Collier Holding ASA's current Piotroski F-Score of 7 is 40% 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 ABG Sundal Collier Holding ASA and its competitors. For the Capital Markets 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. ABG Sundal Collier Holding ASA's current Piotroski F-Score is 7, which is 17% above 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 ABG Sundal Collier Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, ABG Sundal Collier Holding ASA (OSTO:ASCO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr8.23, compared to a current price of kr7.27 — trading 11.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Capital Markets industry median of 5.00. ABG Sundal Collier Holding ASA's overall GF Score™ is 70/100 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 ABG Sundal Collier Holding ASA (OSTO:ASCO), the current Piotroski F-Score is 7 as of Jul. 11, 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 ABG Sundal Collier Holding ASA (OSTO:ASCO) Overvalued in 2026?
Based on GuruFocus' analysis, ABG Sundal Collier Holding ASA stock appears to be undervalued.
The current stock price of kr7.27 is trading 11.7% below its estimated GF Value™ of kr8.23.
GuruFocus considers ABG Sundal Collier Holding ASA to be Modestly Undervalued.
Key valuation signals for OSTO:ASCO:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: kr8.23 vs. price of kr7.27 (11.7% below fair value)
Industry Position: 40% above the Capital Markets median (#64 of 782)
No single metric tells the full story. See the OSTO:ASCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ABG Sundal Collier Holding ASA Business Description
ABG Sundal Collier Holding ASA is a Nordic investment bank specializing in equity research, brokerage, corporate finance, and advisory services for institutional investors and Nordic businesses. The company has one operating segment, Investment banking and capital markets. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority of revenue is generated from Norway.
70GF Score
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