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Engcon ABOSTO:ENGCON B -2.20%86 Piotroski F-Score is 7 as of Aug. 18, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates OSTO:ENGCON B with a GF Score™ of 86/100 and a GF Value™ of kr92.29 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Engcon AB ranks better than 91.83% 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
Engcon 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 Engcon AB's Piotroski F-Score or its related term are showing as below:
OSTO:ENGCON B'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 9
Current: 7
During the past 8 years, the highest Piotroski F-Score of Engcon AB was 9. The lowest was 4. And the median was 5.
Engcon AB (OSTO:ENGCON 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.
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.
Engcon AB Piotroski F-Score Related Terms
Engcon AB Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Engcon 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:ENGCON B vs CAT, DE, PCAR: Piotroski F-Score Comparison
For the Farm & Heavy Construction Machinery subindustry, Engcon 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.
Engcon AB Piotroski F-Score vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Engcon AB's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Engcon 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.
Engcon AB's current Net Income (TTM) was 248.
==> 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.
Engcon AB's return on assets of this year was 0.19729515. Engcon AB's return on assets of last year was 0.1969697.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Engcon AB's gearing of this year was 0.03892535. Engcon AB's gearing of last year was 0.0578762.
==> 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
Engcon AB's current ratio of this year was 1.68509213. Engcon AB's current ratio of last year was 1.65120594.
==> 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.
Engcon AB's number of shares in issue this year was 152.728. Engcon AB's number of shares in issue last year was 152.093.
==> 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.
Engcon AB's gross margin of this year was 0.39638319. Engcon AB's gross margin of last year was 0.4379562.
==> 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
Engcon AB's asset turnover of this year was 1.62768496. Engcon AB's asset turnover of last year was 1.49915825.
==> 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
Engcon AB has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Engcon AB (OSTO:ENGCON B) has a Piotroski F-Score of 7 as of Aug. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Engcon AB and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Engcon AB's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Engcon AB ranks #17 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 8.2%.
Is Engcon AB's Piotroski F-Score too high?
Engcon AB's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Engcon AB's value of 7 is 40% above this industry median. Based on the distribution chart, Engcon AB ranks #17 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Engcon AB has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Engcon AB's Piotroski F-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Engcon AB ranks #17 out of 208 companies for Piotroski F-Score. This places Engcon AB in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Engcon AB's value of 7 is 40% above this benchmark. Historically, Engcon AB's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Engcon 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 208 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. Engcon 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 Engcon AB and its competitors. For the Farm & Heavy Construction Machinery 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. Engcon AB's current Piotroski F-Score is 7, which is 40% 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 Engcon AB stock overvalued right now?
Based on GuruFocus' analysis, Engcon AB (OSTO:ENGCON B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr92.29, compared to a current price of kr62.10 — trading 32.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Farm & Heavy Construction Machinery industry median of 5.00. Engcon AB's overall GF Score™ is 86/100 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 Engcon AB (OSTO:ENGCON B), the current Piotroski F-Score is 7 as of Aug. 18, 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 Engcon AB (OSTO:ENGCON B) Overvalued in 2026?
Based on GuruFocus' analysis, Engcon AB stock appears to be undervalued.
The current stock price of kr62.10 is trading 32.7% below its estimated GF Value™ of kr92.29.
GuruFocus considers Engcon AB to be Significantly Undervalued.
Key valuation signals for OSTO:ENGCON B:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: kr92.29 vs. price of kr62.10 (32.7% below fair value)
Industry Position: 40% above the Farm & Heavy Construction Machinery median (#17 of 208)
No single metric tells the full story. See the OSTO:ENGCON B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Engcon AB is engaged in the design, production, and sale of excavator tools. The firm's product includes Tiltrotators, Hydraulic and mechanical tools, Quick couplers, and Control systems. The company's sales are governed based on geographic region, which consists of the Nordic region (Sweden, Denmark, Norway, and Finland); Europe (excluding the Nordic region); the Americas (North America and South America); and Asia-Oceania (Japan, South Korea, Australia, New Zealand, and the rest of the world). Geographically, the company generates key revenue from the Nordic region and Europe.
86GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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