Pila Pharma AB (OSTO:PILA) Piotroski F-Score: 4 (As of Jul. 05, 2026) — Near Median


OSTO:PILA Pila Pharma AB OSTO:PILA
49 GF Score
Price kr1.24
GF Value kr1.83
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Pila Pharma AB Piotroski F-Score?

Pila Pharma AB OSTO:PILA -1.20% 49 Piotroski F-Score is 4 as of Jul. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates OSTO:PILA with a GF Score™ of 49/100 and a GF Value™ of kr1.83 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,332 Biotechnology companies, Pila Pharma 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

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

OSTO:PILA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 4

During the past 8 years, the highest Piotroski F-Score of Pila Pharma AB was 6. The lowest was 3. And the median was 4.

Pila Pharma AB  (OSTO:PILA) 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.


Pila Pharma AB Piotroski F-Score Related Terms


Pila Pharma AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pila Pharma 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.

Pila Pharma AB Piotroski F-Score Chart

Pila Pharma AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 6.00 4.00 3.00 3.00 4.00

Pila Pharma AB Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 3.00 3.00 4.00 4.00

OSTO:PILA vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, Pila Pharma 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.


Pila Pharma AB Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pila Pharma AB's Piotroski F-Score distribution charts can be found below:

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


OSTO:PILA
49GF Score
Pila Pharma AB OSTO:PILA
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was kr-17.00 Mil.
Cash Flow from Operations was kr-6.63 Mil.
Revenue was kr1.13 Mil.
Gross Profit was kr1.13 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (6.224 + 16.218) / 2 = kr11.221 Mil.
Total Assets at the begining of this year (Dec24) was kr6.22 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr16.15 Mil.
Total Current Liabilities was kr1.57 Mil.
Net Income was kr-11.24 Mil.

Revenue was kr0.78 Mil.
Gross Profit was kr0.78 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (8.456 + 6.224) / 2 = kr7.34 Mil.
Total Assets at the begining of last year (Dec23) was kr8.46 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.
Total Current Assets was kr5.01 Mil.
Total Current Liabilities was kr0.96 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.

Pila Pharma AB's current Net Income (TTM) was -17.00. ==> 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.

Pila Pharma AB's current Cash Flow from Operations (TTM) was -6.63. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=-17.002/6.224
=-2.7316838

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-11.241/8.456
=-1.32935194

Pila Pharma AB's return on assets of this year was -2.7316838. Pila Pharma AB's return on assets of last year was -1.32935194. ==> 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.

Pila Pharma AB's current Net Income (TTM) was -17.00. Pila Pharma AB's current Cash Flow from Operations (TTM) was -6.63. ==> -6.63 > -17.00 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/11.221
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/7.34
=0

Pila Pharma AB's gearing of this year was 0. Pila Pharma 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=16.153/1.573
=10.26891291

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=5.014/0.962
=5.21205821

Pila Pharma AB's current ratio of this year was 10.26891291. Pila Pharma AB's current ratio of last year was 5.21205821. ==> 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.

Pila Pharma AB's number of shares in issue this year was 34.606. Pila Pharma AB's number of shares in issue last year was 25.46. ==> 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
=1.127/1.127
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.775/0.775
=1

Pila Pharma AB's gross margin of this year was 1. Pila Pharma AB's gross margin of last year was 1. ==> 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 (Dec24)
=1.127/6.224
=0.18107326

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0.775/8.456
=0.0916509

Pila Pharma AB's asset turnover of this year was 0.18107326. Pila Pharma AB's asset turnover of last year was 0.0916509. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+1+0+0+1
=4

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

Pila Pharma AB has an F-score of 4 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 4 mean?
Pila Pharma AB (OSTO:PILA) 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 Pila Pharma AB and its competitors. This is near median its historical median of 4.00. Over the past decade, Pila Pharma AB's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Pila Pharma AB ranks #346 out of 1332 companies in the Biotechnology industry, placing it in the top 26%.
Is Pila Pharma AB's Piotroski F-Score too high?
Pila Pharma 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 3.00 to a high of 6.00. The Biotechnology industry median Piotroski F-Score is 3.00. Pila Pharma AB's value of 4 is 33.3% above this industry median. Based on the distribution chart, Pila Pharma AB ranks #346 out of 1332 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Pila Pharma AB has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pila Pharma AB's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pila Pharma AB ranks #346 out of 1332 companies for Piotroski F-Score. This puts Pila Pharma AB in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Pila Pharma AB's value of 4 is 33.3% above this benchmark. Historically, Pila Pharma AB's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Pila Pharma 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. Pila Pharma 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 Pila Pharma 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. Pila Pharma 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 Pila Pharma AB stock overvalued right now?
Based on GuruFocus' analysis, Pila Pharma AB (OSTO:PILA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1.83, compared to a current price of kr1.24 — trading 32.5% below 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. Pila Pharma AB's overall GF Score™ is 49/100 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 Pila Pharma AB (OSTO:PILA), 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 Pila Pharma AB (OSTO:PILA) Overvalued in 2026?

Based on GuruFocus' analysis, Pila Pharma AB stock appears to be undervalued. The current stock price of kr1.24 is trading 32.5% below its estimated GF Value™ of kr1.83. GuruFocus considers Pila Pharma AB to be Significantly Undervalued.

Key valuation signals for OSTO:PILA:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: kr1.83 vs. price of kr1.24 (32.5% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 33.3% above the Biotechnology median (#346 of 1332)

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


Pila Pharma AB Business Description

Address Norra Vallgatan 72, Malmo, SWE, 211 21
Pila Pharma AB is a clinical stage pharmaceutical company. It is developing a TRPV1 antagonist, XEN-D0501, as a novel type of oral anti-diabetic agent.
49GF Score

Get the complete analysis for OSTO:PILA

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

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Price
kr1.83
GF Value