Scandi Standard AB (OSTO:SCST) Piotroski F-Score: 9 (As of Jun. 25, 2026) — 50% Above Median


OSTO:SCST Scandi Standard AB OSTO:SCST
84 GF Score
Price kr144.40
GF Value kr94.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Scandi Standard AB Piotroski F-Score?

Scandi Standard AB OSTO:SCST +0.42% 84 Piotroski F-Score is 9 as of Jun. 25, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates OSTO:SCST with a GF Score™ of 84/100 and a GF Value™ of kr94.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,912 Consumer Packaged Goods companies, Scandi Standard AB ranks better than 99.95% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

Scandi Standard AB has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Scandi Standard AB's Piotroski F-Score or its related term are showing as below:

OSTO:SCST' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of Scandi Standard AB was 9. The lowest was 3. And the median was 6.

Scandi Standard AB  (OSTO:SCST) 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.


Scandi Standard AB Piotroski F-Score Related Terms


Scandi Standard AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Scandi Standard 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.

Scandi Standard AB Piotroski F-Score Chart

Scandi Standard 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 5.00 6.00 8.00 8.00 6.00

Scandi Standard AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.00 7.00 6.00 6.00 9.00

OSTO:SCST vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Scandi Standard 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.


Scandi Standard AB Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scandi Standard AB's Piotroski F-Score distribution charts can be found below:

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


OSTO:SCST
84GF Score
Scandi Standard AB OSTO:SCST
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 84 + 120 + 96 + 101 = kr401 Mil.
Cash Flow from Operations was 110 + 278 + 298 + 168 = kr854 Mil.
Revenue was 3547 + 3723 + 3441 + 3684 = kr14,395 Mil.
Gross Profit was 1395 + 1435 + 1432 + 1449 = kr5,711 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7309 + 7714 + 7796 + 7646 + 7841) / 5 = kr7661.2 Mil.
Total Assets at the begining of this year (Mar25) was kr7,309 Mil.
Long-Term Debt & Capital Lease Obligation was kr2,143 Mil.
Total Current Assets was kr2,626 Mil.
Total Current Liabilities was kr2,605 Mil.
Net Income was 71 + 94 + 40 + 66 = kr271 Mil.

Revenue was 3362 + 3343 + 3170 + 3376 = kr13,251 Mil.
Gross Profit was 1319 + 1346 + 1264 + 1322 = kr5,251 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6874 + 6946 + 6944 + 7279 + 7309) / 5 = kr7070.4 Mil.
Total Assets at the begining of last year (Mar24) was kr6,874 Mil.
Long-Term Debt & Capital Lease Obligation was kr2,045 Mil.
Total Current Assets was kr2,424 Mil.
Total Current Liabilities was kr2,460 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.

Scandi Standard AB's current Net Income (TTM) was 401. ==> 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.

Scandi Standard AB's current Cash Flow from Operations (TTM) was 854. ==> 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 (Mar25)
=401/7309
=0.05486387

ROA (Last Year)=Net Income/Total Assets (Mar24)
=271/6874
=0.03942392

Scandi Standard AB's return on assets of this year was 0.05486387. Scandi Standard AB's return on assets of last year was 0.03942392. ==> This year is higher. ==> Score 1.

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.

Scandi Standard AB's current Net Income (TTM) was 401. Scandi Standard AB's current Cash Flow from Operations (TTM) was 854. ==> 854 > 401 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2143/7661.2
=0.27972119

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2045/7070.4
=0.28923399

Scandi Standard AB's gearing of this year was 0.27972119. Scandi Standard AB's gearing of last year was 0.28923399. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2626/2605
=1.00806142

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2424/2460
=0.98536585

Scandi Standard AB's current ratio of this year was 1.00806142. Scandi Standard AB's current ratio of last year was 0.98536585. ==> 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.

Scandi Standard AB's number of shares in issue this year was 65.309. Scandi Standard AB's number of shares in issue last year was 65.327. ==> 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
=5711/14395
=0.39673498

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5251/13251
=0.39627198

Scandi Standard AB's gross margin of this year was 0.39673498. Scandi Standard AB's gross margin of last year was 0.39627198. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=14395/7309
=1.96948967

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=13251/6874
=1.92769857

Scandi Standard AB's asset turnover of this year was 1.96948967. Scandi Standard AB's asset turnover of last year was 1.92769857. ==> 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
=1+1+1+1+1+1+1+1+1
=9

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

Scandi Standard AB has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 9 mean?
Scandi Standard AB (OSTO:SCST) has a Piotroski F-Score of 9 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Scandi Standard AB and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Scandi Standard AB's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Scandi Standard AB ranks #1 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Scandi Standard AB's Piotroski F-Score too high?
Scandi Standard AB's current Piotroski F-Score of 9 is 50% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Scandi Standard AB's value of 9 is 80% above this industry median. Based on the distribution chart, Scandi Standard AB ranks #1 out of 1912 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Scandi Standard AB has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scandi Standard AB's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Scandi Standard AB ranks #1 out of 1912 companies for Piotroski F-Score. This places Scandi Standard AB in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Scandi Standard AB's value of 9 is 80% above this benchmark. Historically, Scandi Standard AB's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Scandi Standard 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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. Scandi Standard AB's current Piotroski F-Score of 9 is 80% 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 Scandi Standard AB 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. Scandi Standard AB's current Piotroski F-Score is 9, which is 50% above 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 Scandi Standard AB stock overvalued right now?
Based on GuruFocus' analysis, Scandi Standard AB (OSTO:SCST) is currently considered Significantly Overvalued. The stock's GF Value™ is kr94.25, compared to a current price of kr144.40 — trading 53.2% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Consumer Packaged Goods industry median of 5.00. Scandi Standard AB's overall GF Score™ is 84/100 with 1 warning sign 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 Scandi Standard AB (OSTO:SCST), the current Piotroski F-Score is 9 as of Jun. 25, 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 Scandi Standard AB (OSTO:SCST) Overvalued in 2026?

Based on GuruFocus' analysis, Scandi Standard AB stock appears to be overvalued. The current stock price of kr144.40 is trading 53.2% above its estimated GF Value™ of kr94.25. GuruFocus considers Scandi Standard AB to be Significantly Overvalued.

Key valuation signals for OSTO:SCST:

  • Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
  • GF Value™: kr94.25 vs. price of kr144.40 (53.2% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 80% above the Consumer Packaged Goods median (#1 of 1912)

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


Scandi Standard AB Business Description

Other Exchanges SCSTs:UK0QVR:UK0SL:Germany
Address Strandbergsgatan 55, P.O.Box 30174, Stockholm, SWE, SE-112 51
Scandi Standard AB is a food company. It supplies chicken and chicken-based products in the Nordic region and Ireland. It markets and sells its products under the Kronfagel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm brand names. The company has operations in Sweden, Denmark, Norway, Ireland, Lithuania, Netherlands, and Finland. It generates the majority of its revenue from Sweden. The company's segment includes ready-to-cook and ready-to-eat. The company generates the majority of its revenue from the ready-to-cook segment.
84GF Score

Get the complete analysis for OSTO:SCST

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

kr144.40
Price
kr94.25
GF Value