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Hofseth BioCare ASAOSTO:HBCO 59 Piotroski F-Score is 5 as of Sep. 03, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates OSTO:HBCO with a GF Score™ of 59/100 and a GF Value™ of kr1.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Hofseth BioCare ASA ranks better than 52.77% 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
Hofseth BioCare ASA has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Hofseth BioCare ASA's Piotroski F-Score or its related term are showing as below:
OSTO:HBCO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Hofseth BioCare ASA was 6. The lowest was 1. And the median was 4.
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.
Hofseth BioCare ASA Piotroski F-Score Related Terms
Hofseth BioCare ASA Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hofseth BioCare ASA'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:HBCO vs KHC, GIS, MKC: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Hofseth BioCare 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.
Hofseth BioCare ASA Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hofseth BioCare ASA's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hofseth BioCare 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.
Hofseth BioCare ASA's current Net Income (TTM) was -136.5.
==> 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.
Hofseth BioCare ASA's return on assets of this year was -0.35264145. Hofseth BioCare ASA's return on assets of last year was -0.35541387.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hofseth BioCare ASA's gearing of this year was 0.55136366. Hofseth BioCare ASA's gearing of last year was 0.55478731.
==> 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
Hofseth BioCare ASA's current ratio of this year was 0.84765083. Hofseth BioCare ASA's current ratio of last year was 0.96485494.
==> 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.
Hofseth BioCare ASA's number of shares in issue this year was 426.081. Hofseth BioCare ASA's number of shares in issue last year was 412.081.
==> 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.
Hofseth BioCare ASA's gross margin of this year was 0.37370459. Hofseth BioCare ASA's gross margin of last year was 0.35994507.
==> 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
Hofseth BioCare ASA's asset turnover of this year was 0.62550231. Hofseth BioCare ASA's asset turnover of last year was 0.68001546.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hofseth BioCare ASA has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Hofseth BioCare ASA (OSTO:HBCO) has a Piotroski F-Score of 5 as of Sep. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hofseth BioCare ASA and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Hofseth BioCare ASA's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Hofseth BioCare ASA ranks #911 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 47.2%.
Is Hofseth BioCare ASA's Piotroski F-Score too high?
Hofseth BioCare ASA's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Hofseth BioCare ASA's value of 5 is 0% at this industry median. Based on the distribution chart, Hofseth BioCare ASA ranks #911 out of 1929 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hofseth BioCare ASA has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hofseth BioCare ASA's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hofseth BioCare ASA ranks #911 out of 1929 companies for Piotroski F-Score. This puts Hofseth BioCare ASA in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Hofseth BioCare ASA's value of 5 is 0% at this benchmark. Historically, Hofseth BioCare ASA's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Hofseth BioCare ASA has consistently been at 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,929 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. Hofseth BioCare ASA's current Piotroski F-Score of 5 is 0% at 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 Hofseth BioCare ASA and its competitors. For the Consumer Packaged Goods 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. Hofseth BioCare ASA's current Piotroski F-Score is 5, which is 25% above 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 Hofseth BioCare ASA stock overvalued right now?
Based on GuruFocus' analysis, Hofseth BioCare ASA (OSTO:HBCO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1.73, compared to a current price of kr1.54 — trading 11% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Hofseth BioCare ASA's overall GF Score™ is 59/100 with 5 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 Hofseth BioCare ASA (OSTO:HBCO), the current Piotroski F-Score is 5 as of Sep. 03, 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 Hofseth BioCare ASA (OSTO:HBCO) Overvalued in 2026?
Based on GuruFocus' analysis, Hofseth BioCare ASA stock appears to be undervalued.
The current stock price of kr1.54 is trading 11% below its estimated GF Value™ of kr1.73.
GuruFocus considers Hofseth BioCare ASA to be Modestly Undervalued.
Key valuation signals for OSTO:HBCO:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: kr1.73 vs. price of kr1.54 (11% below fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#911 of 1929)
No single metric tells the full story. See the OSTO:HBCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hofseth BioCare ASA is a Norway-based company engaged in the business of developing, manufacturing, marketing, and selling marine ingredients such as oil, calcium, and protein products. Its brands, which also generate revenue, include salmon oil (OmeGo), water-soluble protein (ProGo), calcium/collagen (CalGo and NT-II), and non-soluble protein (PetGo), all of which are produced in the Midsund plant. The firm sells its products to various segments of the human nutrition market, such as sports nutrition, supplements, and health foods, as well as to the market within nutrition for the pet and feed industry. Geographically, the company generates maximum revenue from Europe, followed by North America and Asia.
59GF Score
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