Scandic Hotels Group AB (OSTO:SHOT) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 17% Above Median


OSTO:SHOT Scandic Hotels Group AB OSTO:SHOT
83 GF Score
Price kr90.45
GF Value kr73.03
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Scandic Hotels Group AB Piotroski F-Score?

Scandic Hotels Group AB OSTO:SHOT -2.06% 83 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates OSTO:SHOT with a GF Score™ of 83/100 and a GF Value™ of kr73.03 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 841 Travel & Leisure companies, Scandic Hotels Group AB ranks better than 88.47% 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

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

OSTO:SHOT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Scandic Hotels Group AB was 8. The lowest was 2. And the median was 6.

Scandic Hotels Group AB  (OSTO:SHOT) 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.


Scandic Hotels Group AB Piotroski F-Score Related Terms


Scandic Hotels Group AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Scandic Hotels Group 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.

Scandic Hotels Group AB Piotroski F-Score Chart

Scandic Hotels Group 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 7.00 8.00 8.00 6.00 6.00

Scandic Hotels Group 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 6.00 8.00 7.00 6.00 7.00

OSTO:SHOT vs MAR, HLT, H: Piotroski F-Score Comparison

For the Lodging subindustry, Scandic Hotels Group 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.


Scandic Hotels Group AB Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Scandic Hotels Group AB's Piotroski F-Score distribution charts can be found below:

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


OSTO:SHOT
83GF Score
Scandic Hotels Group AB OSTO:SHOT
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 268 + 557 + 15 + -196 = kr644 Mil.
Cash Flow from Operations was 2137 + 1886 + 1753 + 929 = kr6,705 Mil.
Revenue was 5795 + 6372 + 5575 + 4688 = kr22,430 Mil.
Gross Profit was 3580 + 4160 + 3346 + 2697 = kr13,783 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(51882 + 52474 + 52550 + 52590 + 53044) / 5 = kr52508 Mil.
Total Assets at the begining of this year (Mar25) was kr51,882 Mil.
Long-Term Debt & Capital Lease Obligation was kr42,543 Mil.
Total Current Assets was kr1,876 Mil.
Total Current Liabilities was kr6,614 Mil.
Net Income was 304 + 537 + 132 + -215 = kr758 Mil.

Revenue was 5872 + 6182 + 5488 + 4546 = kr22,088 Mil.
Gross Profit was 3662 + 4036 + 3303 + 2540 = kr13,541 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(56050 + 56414 + 56422 + 53842 + 51882) / 5 = kr54922 Mil.
Total Assets at the begining of last year (Mar24) was kr56,050 Mil.
Long-Term Debt & Capital Lease Obligation was kr41,760 Mil.
Total Current Assets was kr1,473 Mil.
Total Current Liabilities was kr6,325 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.

Scandic Hotels Group AB's current Net Income (TTM) was 644. ==> 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.

Scandic Hotels Group AB's current Cash Flow from Operations (TTM) was 6,705. ==> 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)
=644/51882
=0.01241278

ROA (Last Year)=Net Income/Total Assets (Mar24)
=758/56050
=0.01352364

Scandic Hotels Group AB's return on assets of this year was 0.01241278. Scandic Hotels Group AB's return on assets of last year was 0.01352364. ==> 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.

Scandic Hotels Group AB's current Net Income (TTM) was 644. Scandic Hotels Group AB's current Cash Flow from Operations (TTM) was 6,705. ==> 6,705 > 644 ==> 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
=42543/52508
=0.8102194

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=41760/54922
=0.76035104

Scandic Hotels Group AB's gearing of this year was 0.8102194. Scandic Hotels Group AB's gearing of last year was 0.76035104. ==> Last year is lower than this year ==> Score 0.

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
=1876/6614
=0.28364076

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1473/6325
=0.23288538

Scandic Hotels Group AB's current ratio of this year was 0.28364076. Scandic Hotels Group AB's current ratio of last year was 0.23288538. ==> 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.

Scandic Hotels Group AB's number of shares in issue this year was 215.127. Scandic Hotels Group AB's number of shares in issue last year was 216.587. ==> 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
=13783/22430
=0.61448952

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13541/22088
=0.61304781

Scandic Hotels Group AB's gross margin of this year was 0.61448952. Scandic Hotels Group AB's gross margin of last year was 0.61304781. ==> 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)
=22430/51882
=0.4323272

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=22088/56050
=0.39407672

Scandic Hotels Group AB's asset turnover of this year was 0.4323272. Scandic Hotels Group AB's asset turnover of last year was 0.39407672. ==> 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+0+1+0+1+1+1+1
=7

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

Scandic Hotels Group AB has an F-score of 7. 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 7 mean?
Scandic Hotels Group AB (OSTO:SHOT) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Scandic Hotels Group AB and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Scandic Hotels Group AB's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Scandic Hotels Group AB ranks #97 out of 841 companies in the Travel & Leisure industry, placing it in the top 11.5%.
Is Scandic Hotels Group AB's Piotroski F-Score too high?
Scandic Hotels Group AB's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Scandic Hotels Group AB's value of 7 is 40% above this industry median. Based on the distribution chart, Scandic Hotels Group AB ranks #97 out of 841 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Scandic Hotels Group AB has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scandic Hotels Group AB's Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Scandic Hotels Group AB ranks #97 out of 841 companies for Piotroski F-Score. This places Scandic Hotels Group AB in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Scandic Hotels Group AB's value of 7 is 40% above this benchmark. Historically, Scandic Hotels Group AB's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Scandic Hotels Group 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 841 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. Scandic Hotels Group 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 Scandic Hotels Group AB and its competitors. For the Travel & Leisure 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. Scandic Hotels Group AB's current Piotroski F-Score is 7, which is 17% 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 Scandic Hotels Group AB stock overvalued right now?
Based on GuruFocus' analysis, Scandic Hotels Group AB (OSTO:SHOT) is currently considered Modestly Overvalued. The stock's GF Value™ is kr73.03, compared to a current price of kr90.45 — trading 23.9% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Travel & Leisure industry median of 5.00. Scandic Hotels Group AB's overall GF Score™ is 83/100 with 10 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 Scandic Hotels Group AB (OSTO:SHOT), the current Piotroski F-Score is 7 as of Jun. 28, 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 Scandic Hotels Group AB (OSTO:SHOT) Overvalued in 2026?

Based on GuruFocus' analysis, Scandic Hotels Group AB stock appears to be overvalued. The current stock price of kr90.45 is trading 23.9% above its estimated GF Value™ of kr73.03. GuruFocus considers Scandic Hotels Group AB to be Modestly Overvalued.

Key valuation signals for OSTO:SHOT:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: kr73.03 vs. price of kr90.45 (23.9% above fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 40% above the Travel & Leisure median (#97 of 841)

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


Scandic Hotels Group AB Business Description

Other Exchanges SHOTs:UK0RD7:UK10H:Germany
Address Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33
Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. The company has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company's revenue comes from the Room, Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Norway, Finland, and Other European and Central functions.
83GF Score

Get the complete analysis for OSTO:SHOT

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

kr90.45
Price
kr73.03
GF Value