Corline Biomedical ABOSTO:CLBIO 43 Piotroski F-Score is 4 as of Jul. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates OSTO:CLBIO with a GF Score™ of 43/100 and a GF Value™ of kr4.94 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,332 Biotechnology companies, Corline Biomedical AB ranks better than 74.02% 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
Corline Biomedical AB has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Corline Biomedical AB's Piotroski F-Score or its related term are showing as below:
OSTO:CLBIO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 4
During the past 13 years, the highest Piotroski F-Score of Corline Biomedical AB was 6. The lowest was 2. And the median was 4.
Corline Biomedical AB (OSTO:CLBIO) 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.
Corline Biomedical AB Piotroski F-Score Related Terms
Corline Biomedical AB Piotroski F-Score Historical Data
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The historical data trend for Corline Biomedical 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.
OSTO:CLBIO vs VRTX, REGN, ALNY: Piotroski F-Score Comparison
For the Biotechnology subindustry, Corline Biomedical 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.
Corline Biomedical AB Piotroski F-Score vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Corline Biomedical AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Corline Biomedical AB'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.
Corline Biomedical AB's current Net Income (TTM) was -14.14.
==> 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.
Corline Biomedical AB's current Cash Flow from Operations (TTM) was -17.53.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Corline Biomedical AB's return on assets of this year was -0.15792412. Corline Biomedical AB's return on assets of last year was -0.24307978.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Corline Biomedical AB's gearing of this year was 0. Corline Biomedical 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
Corline Biomedical AB's current ratio of this year was 6.41262895. Corline Biomedical AB's current ratio of last year was 2.74838258.
==> 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.
Corline Biomedical AB's number of shares in issue this year was 25.619. Corline Biomedical AB's number of shares in issue last year was 24.491.
==> 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.
Corline Biomedical AB's gross margin of this year was 0.89319308. Corline Biomedical AB's gross margin of last year was 1.27483935.
==> Last year's gross margin is higher ==> Score 0.
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
Corline Biomedical AB's asset turnover of this year was 0.1103928. Corline Biomedical AB's asset turnover of last year was 0.07996917.
==> 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
Corline Biomedical AB has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Corline Biomedical AB (OSTO:CLBIO) has a Piotroski F-Score of 4 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Corline Biomedical AB and its competitors. This is near median its historical median of 4.00. Over the past decade, Corline Biomedical AB's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Corline Biomedical AB ranks #346 out of 1332 companies in the Biotechnology industry, placing it in the top 26%.
Is Corline Biomedical AB's Piotroski F-Score too high?
Corline Biomedical AB's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Biotechnology industry median Piotroski F-Score is 3.00. Corline Biomedical AB's value of 4 is 33.3% above this industry median. Based on the distribution chart, Corline Biomedical AB ranks #346 out of 1332 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Corline Biomedical AB has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corline Biomedical AB's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Corline Biomedical AB ranks #346 out of 1332 companies for Piotroski F-Score. This puts Corline Biomedical AB in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Corline Biomedical AB's value of 4 is 33.3% above this benchmark. Historically, Corline Biomedical AB's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Corline Biomedical 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,332 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. Corline Biomedical AB's current Piotroski F-Score of 4 is 33.3% 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 Corline Biomedical AB and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corline Biomedical AB's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corline Biomedical AB stock overvalued right now?
Based on GuruFocus' analysis, Corline Biomedical AB (OSTO:CLBIO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr4.94, compared to a current price of kr17.75 — trading 259.3% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% above the Biotechnology industry median of 3.00. Corline Biomedical AB's overall GF Score™ is 43/100 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 Corline Biomedical AB (OSTO:CLBIO), the current Piotroski F-Score is 4 as of Jul. 05, 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 Corline Biomedical AB (OSTO:CLBIO) Overvalued in 2026?
Based on GuruFocus' analysis, Corline Biomedical AB stock appears to be overvalued.
The current stock price of kr17.75 is trading 259.3% above its estimated GF Value™ of kr4.94.
GuruFocus considers Corline Biomedical AB to be Significantly Overvalued.
Key valuation signals for OSTO:CLBIO:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: kr4.94 vs. price of kr17.75 (259.3% above fair value)
Industry Position: 33.3% above the Biotechnology median (#346 of 1332)
No single metric tells the full story. See the OSTO:CLBIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corline Biomedical AB offers customers in the medical technology industry and regenerative medicine as well as transplant clinics products to manage immune thrombosis. The company offers a proprietary surface treatment technology, Corline Heparin Surface (CHS), which can be used in combination with all commonly used implant materials such as polymers (plastics) and various metals, but also for equipment where blood circulation occurs outside the body.
43GF Score
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