Clas Ohlson AB (OSTO:CLAS B) Piotroski F-Score: 7 (As of Jun. 27, 2026) — Near Median


OSTO:CLAS B Clas Ohlson AB OSTO:CLAS B
79 GF Score
Price kr423.20
GF Value kr241.06
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Clas Ohlson AB Piotroski F-Score?

Clas Ohlson AB OSTO:CLAS B +0.76% 79 Piotroski F-Score is 7 as of Jun. 27, 2026, which is at its 10-year median of 7.00. GuruFocus rates OSTO:CLAS B with a GF Score™ of 79/100 and a GF Value™ of kr241.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Clas Ohlson AB ranks better than 91.01% 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

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

OSTO:CLAS B' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Clas Ohlson AB was 8. The lowest was 4. And the median was 7.

Clas Ohlson AB  (OSTO:CLAS B) 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.


Clas Ohlson AB Piotroski F-Score Related Terms


Clas Ohlson AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Piotroski F-Score Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 7.00 7.00 7.00

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.00 7.00 7.00

OSTO:CLAS B vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Clas Ohlson 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.


Clas Ohlson AB Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Piotroski F-Score distribution charts can be found below:

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


OSTO:CLAS B
79GF Score
Clas Ohlson AB OSTO:CLAS B
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 207.7 + 308.3 + 514.1 + 138.7 = kr1,169 Mil.
Cash Flow from Operations was 467.9 + 83.6 + 1539.9 + 27.4 = kr2,119 Mil.
Revenue was 2814.5 + 3009.1 + 4079.7 + 2610.7 = kr12,514 Mil.
Gross Profit was 1286.2 + 1465.4 + 1911.1 + 1308.1 = kr5,971 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(6488.9 + 7059.9 + 7072 + 7891.5 + 7887.3) / 5 = kr7279.92 Mil.
Total Assets at the begining of this year (Apr25) was kr6,489 Mil.
Long-Term Debt & Capital Lease Obligation was kr1,346 Mil.
Total Current Assets was kr4,527 Mil.
Total Current Liabilities was kr2,997 Mil.
Net Income was 145.8 + 230.1 + 426.4 + 79.8 = kr882 Mil.

Revenue was 2623.2 + 2800.9 + 3859.5 + 2343 = kr11,627 Mil.
Gross Profit was 1162.6 + 1289.9 + 1731.2 + 1122.1 = kr5,306 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(5850.6 + 6148.7 + 6159.5 + 6793.8 + 6488.9) / 5 = kr6288.3 Mil.
Total Assets at the begining of last year (Apr24) was kr5,851 Mil.
Long-Term Debt & Capital Lease Obligation was kr1,194 Mil.
Total Current Assets was kr3,608 Mil.
Total Current Liabilities was kr2,658 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.

Clas Ohlson AB's current Net Income (TTM) was 1,169. ==> 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.

Clas Ohlson AB's current Cash Flow from Operations (TTM) was 2,119. ==> 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 (Apr25)
=1168.8/6488.9
=0.18012298

ROA (Last Year)=Net Income/Total Assets (Apr24)
=882.1/5850.6
=0.15077086

Clas Ohlson AB's return on assets of this year was 0.18012298. Clas Ohlson AB's return on assets of last year was 0.15077086. ==> 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.

Clas Ohlson AB's current Net Income (TTM) was 1,169. Clas Ohlson AB's current Cash Flow from Operations (TTM) was 2,119. ==> 2,119 > 1,169 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=1345.5/7279.92
=0.18482346

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=1193.9/6288.3
=0.18986053

Clas Ohlson AB's gearing of this year was 0.18482346. Clas Ohlson AB's gearing of last year was 0.18986053. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=4526.5/2997.3
=1.51019251

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=3608/2657.5
=1.35766698

Clas Ohlson AB's current ratio of this year was 1.51019251. Clas Ohlson AB's current ratio of last year was 1.35766698. ==> 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.

Clas Ohlson AB's number of shares in issue this year was 63.969. Clas Ohlson AB's number of shares in issue last year was 63.889. ==> 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
=5970.8/12514
=0.47712961

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5305.8/11626.6
=0.45635009

Clas Ohlson AB's gross margin of this year was 0.47712961. Clas Ohlson AB's gross margin of last year was 0.45635009. ==> 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 (Apr25)
=12514/6488.9
=1.92852409

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=11626.6/5850.6
=1.98724917

Clas Ohlson AB's asset turnover of this year was 1.92852409. Clas Ohlson AB's asset turnover of last year was 1.98724917. ==> 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+1+1+0+1+0
=7

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

Clas Ohlson AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Clas Ohlson AB (OSTO:CLAS B) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Clas Ohlson AB and its competitors. This is near median its historical median of 7.00. Over the past decade, Clas Ohlson AB's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Clas Ohlson AB ranks #99 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 9%.
Is Clas Ohlson AB's Piotroski F-Score too high?
Clas Ohlson AB's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Clas Ohlson AB's value of 7 is 40% above this industry median. Based on the distribution chart, Clas Ohlson AB ranks #99 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Clas Ohlson AB has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Clas Ohlson AB ranks #99 out of 1101 companies for Piotroski F-Score. This places Clas Ohlson AB in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Clas Ohlson AB's value of 7 is 40% above this benchmark. Historically, Clas Ohlson AB's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Clas Ohlson 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. Clas Ohlson AB'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 Clas Ohlson AB and its competitors. For the Retail - Cyclical 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. Clas Ohlson AB's current Piotroski F-Score is 7, which is near 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 Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (OSTO:CLAS B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr241.06, compared to a current price of kr423.20 — trading 75.6% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Retail - Cyclical industry median of 5.00. Clas Ohlson AB's overall GF Score™ is 79/100 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 Clas Ohlson AB (OSTO:CLAS B), the current Piotroski F-Score is 7 as of Jun. 27, 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 Clas Ohlson AB (OSTO:CLAS B) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr423.20 is trading 75.6% above its estimated GF Value™ of kr241.06. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for OSTO:CLAS B:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: kr241.06 vs. price of kr423.20 (75.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 40% above the Retail - Cyclical median (#99 of 1101)

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
79GF Score

Get the complete analysis for OSTO:CLAS B

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

kr423.20
Price
kr241.06
GF Value