Brilliant Future AB (OSTO:BRILL) Piotroski F-Score: 6 (As of Jul. 14, 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:BRILL Brilliant Future AB OSTO:BRILL
57 GF Score
Price kr3.62
GF Value kr4.57
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Brilliant Future AB Piotroski F-Score?

Brilliant Future AB OSTO:BRILL -3.72% 57 Piotroski F-Score is 6 as of Jul. 14, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates OSTO:BRILL with a GF Score™ of 57/100 and a GF Value™ of kr4.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,064 Business Services companies, Brilliant Future AB ranks better than 72.27% 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

Brilliant Future AB 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 Brilliant Future AB's Piotroski F-Score or its related term are showing as below:

OSTO:BRILL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 6

During the past 8 years, the highest Piotroski F-Score of Brilliant Future AB was 7. The lowest was 3. And the median was 5.

Brilliant Future AB  (OSTO:BRILL) 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.


Brilliant Future AB Piotroski F-Score Related Terms


Brilliant Future AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Brilliant Future AB'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.

Brilliant Future AB Piotroski F-Score Chart

Brilliant Future AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 3.00 4.00 6.00 4.00

Brilliant Future AB 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 7.00 7.00 7.00 4.00 6.00

OSTO:BRILL vs VRSK, EFX, BAH: Piotroski F-Score Comparison

For the Consulting Services subindustry, Brilliant Future AB'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.


Brilliant Future AB Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Brilliant Future AB's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Brilliant Future AB's Piotroski F-Score falls into.


OSTO:BRILL
57GF Score
Brilliant Future AB OSTO:BRILL
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 -3.197 + 0.526 + -1.366 + -3.237 = kr-7.27 Mil.
Cash Flow from Operations was -0.98 + -5.644 + 5.449 + 6.247 = kr5.07 Mil.
Revenue was 21.144 + 20.227 + 23.077 + 20.756 = kr85.20 Mil.
Gross Profit was 22.633 + 21.102 + 24.817 + 23.225 = kr91.78 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(86.681 + 79.308 + 73.402 + 83.147 + 76.94) / 5 = kr79.8956 Mil.
Total Assets at the begining of this year (Mar25) was kr86.68 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr28.19 Mil.
Total Current Liabilities was kr53.83 Mil.
Net Income was -4.373 + 0.336 + 0.771 + -2.33 = kr-5.60 Mil.

Revenue was 20.782 + 19.767 + 23.183 + 21.243 = kr84.98 Mil.
Gross Profit was 22.488 + 20.564 + 24.949 + 23.088 = kr91.09 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(87.647 + 82.742 + 73.345 + 90.349 + 86.681) / 5 = kr84.1528 Mil.
Total Assets at the begining of last year (Mar24) was kr87.65 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr39.89 Mil.
Total Current Liabilities was kr56.72 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.

Brilliant Future AB's current Net Income (TTM) was -7.27. ==> Negative ==> Score 0.

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.

Brilliant Future AB's current Cash Flow from Operations (TTM) was 5.07. ==> 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)
=-7.274/86.681
=-0.08391689

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-5.596/87.647
=-0.06384702

Brilliant Future AB's return on assets of this year was -0.08391689. Brilliant Future AB's return on assets of last year was -0.06384702. ==> 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.

Brilliant Future AB's current Net Income (TTM) was -7.27. Brilliant Future AB's current Cash Flow from Operations (TTM) was 5.07. ==> 5.07 > -7.27 ==> 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
=0/79.8956
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/84.1528
=0

Brilliant Future AB's gearing of this year was 0. Brilliant Future AB'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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=28.193/53.826
=0.52378033

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=39.892/56.72
=0.70331453

Brilliant Future AB's current ratio of this year was 0.52378033. Brilliant Future AB's current ratio of last year was 0.70331453. ==> 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.

Brilliant Future AB's number of shares in issue this year was 13.793. Brilliant Future AB's number of shares in issue last year was 13.793. ==> 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
=91.777/85.204
=1.07714427

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=91.089/84.975
=1.07195057

Brilliant Future AB's gross margin of this year was 1.07714427. Brilliant Future AB's gross margin of last year was 1.07195057. ==> 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)
=85.204/86.681
=0.98296051

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=84.975/87.647
=0.96951407

Brilliant Future AB's asset turnover of this year was 0.98296051. Brilliant Future AB's asset turnover of last year was 0.96951407. ==> 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
=0+1+0+1+1+0+1+1+1
=6

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

Brilliant Future AB 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?
Brilliant Future AB (OSTO:BRILL) has a Piotroski F-Score of 6 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Brilliant Future AB and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Brilliant Future AB's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Brilliant Future AB ranks #295 out of 1064 companies in the Business Services industry, placing it in the top 27.7%.
Is Brilliant Future AB's Piotroski F-Score too high?
Brilliant Future AB's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Brilliant Future AB's value of 6 is 20% above this industry median. Based on the distribution chart, Brilliant Future AB ranks #295 out of 1064 companies in the Business Services industry, which is above the industry midpoint. Overall, Brilliant Future AB has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brilliant Future AB's Piotroski F-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, Brilliant Future AB ranks #295 out of 1064 companies for Piotroski F-Score. This puts Brilliant Future AB in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Brilliant Future AB's value of 6 is 20% above this benchmark. Historically, Brilliant Future AB's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Brilliant Future AB 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Brilliant Future AB'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 Brilliant Future AB and its competitors. For the Business Services 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. Brilliant Future AB's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brilliant Future AB stock overvalued right now?
Based on GuruFocus' analysis, Brilliant Future AB (OSTO:BRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is kr4.57, compared to a current price of kr3.62 — trading 20.8% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Business Services industry median of 5.00. Brilliant Future AB's overall GF Score™ is 57/100 with 2 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 Brilliant Future AB (OSTO:BRILL), the current Piotroski F-Score is 6 as of Jul. 14, 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 Brilliant Future AB (OSTO:BRILL) Overvalued in 2026?

Based on GuruFocus' analysis, Brilliant Future AB stock appears to be undervalued. The current stock price of kr3.62 is trading 20.8% below its estimated GF Value™ of kr4.57. GuruFocus considers Brilliant Future AB to be Modestly Undervalued.

Key valuation signals for OSTO:BRILL:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: kr4.57 vs. price of kr3.62 (20.8% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 20% above the Business Services median (#295 of 1064)

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


Brilliant Future AB Business Description

Address Drottninggatan 26, Stockholm, SWE, 111 51
Brilliant Future AB is a data driven survey and action platform that discovers, analyses and turns data into actionable insights.
57GF Score

Get the complete analysis for OSTO:BRILL

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

kr3.62
Price
kr4.57
GF Value