MEKO AB (OSTO:MEKO) Piotroski F-Score: 6 (As of Aug. 03, 2026) — Near Median

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OSTO:MEKO MEKO AB OSTO:MEKO
80 GF Score
Price kr76.95
GF Value kr115.89
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is MEKO AB Piotroski F-Score?

MEKO AB OSTO:MEKO +0.13% 80 Piotroski F-Score is 6 as of Aug. 03, 2026, which is at its 10-year median of 6.00. GuruFocus rates OSTO:MEKO with a GF Score™ of 80/100 and a GF Value™ of kr115.89 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,282 Vehicles & Parts companies, MEKO AB ranks better than 73.01% 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

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

OSTO:MEKO' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of MEKO AB was 9. The lowest was 4. And the median was 6.

MEKO AB  (OSTO:MEKO) 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.


MEKO AB Piotroski F-Score Related Terms


MEKO AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MEKO 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.

MEKO AB Piotroski F-Score Chart

MEKO AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 5.00 7.00 4.00

MEKO AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 4.00 4.00 5.00 6.00

OSTO:MEKO vs ORLY, AZO, GPC: Piotroski F-Score Comparison

For the Auto Parts subindustry, MEKO 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.


MEKO AB Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Piotroski F-Score distribution charts can be found below:

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


OSTO:MEKO
80GF Score
MEKO AB OSTO:MEKO
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 5 + -11 + 55 + 79 = kr128 Mil.
Cash Flow from Operations was 428 + 209 + 441 + 73 = kr1,151 Mil.
Revenue was 4490 + 4598 + 4552 + 4642 = kr18,282 Mil.
Gross Profit was 1900 + 1932 + 1964 + 2037 = kr7,833 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(18500 + 18128 + 17519 + 18345 + 17268) / 5 = kr17952 Mil.
Total Assets at the begining of this year (Jun25) was kr18,500 Mil.
Long-Term Debt & Capital Lease Obligation was kr5,608 Mil.
Total Current Assets was kr7,878 Mil.
Total Current Liabilities was kr4,940 Mil.
Net Income was 226 + -4 + 48 + -7 = kr263 Mil.

Revenue was 4640 + 4760 + 4678 + 4601 = kr18,679 Mil.
Gross Profit was 2189 + 2089 + 2069 + 1977 = kr8,324 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(16448 + 16934 + 16911 + 17465 + 18500) / 5 = kr17251.6 Mil.
Total Assets at the begining of last year (Jun24) was kr16,448 Mil.
Long-Term Debt & Capital Lease Obligation was kr6,054 Mil.
Total Current Assets was kr8,636 Mil.
Total Current Liabilities was kr5,751 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.

MEKO AB's current Net Income (TTM) was 128. ==> 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.

MEKO AB's current Cash Flow from Operations (TTM) was 1,151. ==> 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 (Jun25)
=128/18500
=0.00691892

ROA (Last Year)=Net Income/Total Assets (Jun24)
=263/16448
=0.01598979

MEKO AB's return on assets of this year was 0.00691892. MEKO AB's return on assets of last year was 0.01598979. ==> 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.

MEKO AB's current Net Income (TTM) was 128. MEKO AB's current Cash Flow from Operations (TTM) was 1,151. ==> 1,151 > 128 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=5608/17952
=0.31238859

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=6054/17251.6
=0.35092397

MEKO AB's gearing of this year was 0.31238859. MEKO AB's gearing of last year was 0.35092397. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=7878/4940
=1.59473684

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=8636/5751
=1.50165189

MEKO AB's current ratio of this year was 1.59473684. MEKO AB's current ratio of last year was 1.50165189. ==> 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.

MEKO AB's number of shares in issue this year was 55.634. MEKO AB's number of shares in issue last year was 55.899. ==> 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
=7833/18282
=0.42845422

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8324/18679
=0.44563413

MEKO AB's gross margin of this year was 0.42845422. MEKO AB's gross margin of last year was 0.44563413. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=18282/18500
=0.98821622

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=18679/16448
=1.13563959

MEKO AB's asset turnover of this year was 0.98821622. MEKO AB's asset turnover of last year was 1.13563959. ==> 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+0+1+1+1+1+0+0
=6

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

MEKO 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?
MEKO AB (OSTO:MEKO) has a Piotroski F-Score of 6 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MEKO AB and its competitors. This is near median its historical median of 6.00. Over the past decade, MEKO AB's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, MEKO AB ranks #346 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 27%.
Is MEKO AB's Piotroski F-Score too high?
MEKO AB's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. MEKO AB's value of 6 is 20% above this industry median. Based on the distribution chart, MEKO AB ranks #346 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #346 out of 1282 companies for Piotroski F-Score. This puts MEKO AB in the upper half of its industry. The industry median Piotroski F-Score is 5.00. MEKO AB's value of 6 is 20% above this benchmark. Historically, MEKO 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 6.00 vs. the industry median of 5.00, MEKO 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,282 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. MEKO 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 MEKO AB and its competitors. For the Vehicles & Parts 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. MEKO AB's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (OSTO:MEKO) is currently considered Possible Value Trap. The stock's GF Value™ is kr115.89, compared to a current price of kr76.95 — trading 33.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Vehicles & Parts industry median of 5.00. MEKO AB's overall GF Score™ is 80/100 with 7 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 MEKO AB (OSTO:MEKO), the current Piotroski F-Score is 6 as of Aug. 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 MEKO AB (OSTO:MEKO) Overvalued in 2026?

Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued. The current stock price of kr76.95 is trading 33.6% below its estimated GF Value™ of kr115.89. GuruFocus considers MEKO AB to be Possible Value Trap.

Key valuation signals for OSTO:MEKO:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: kr115.89 vs. price of kr76.95 (33.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#346 of 1282)

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


MEKO AB Business Description

Other Exchanges MEKOs:UK0HDJ:UK
Address Klarabergsviadukten 70, Elevator C, Floor 6, Box 19542, Stockholm, SWE, 11164
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
80GF Score

Get the complete analysis for OSTO:MEKO

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

kr76.95
Price
kr115.89
GF Value