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Grab2Go ASOTSE:GRB2G Piotroski F-Score is 5 as of Aug. 12, 2026, which is at its 10-year median of 5.00. The stock has 5 warning signs investors should review. Among 2,943 Industrial Products companies, Grab2Go AS ranks better than 56.37% 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
Grab2Go AS 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 Grab2Go AS's Piotroski F-Score or its related term are showing as below:
OTSE:GRB2G'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 6
Current: 5
During the past 5 years, the highest Piotroski F-Score of Grab2Go AS was 6. The lowest was 4. And the median was 5.
Grab2Go AS (OTSE:GRB2G) 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.
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.
Grab2Go AS Piotroski F-Score Related Terms
Grab2Go AS Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Grab2Go AS'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.
For the Business Equipment & Supplies subindustry, Grab2Go AS'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.
Grab2Go AS Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Grab2Go AS's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Grab2Go AS'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.
Grab2Go AS's current Net Income (TTM) was -0.14.
==> 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.
Grab2Go AS's return on assets of this year was -0.19087137. Grab2Go AS's return on assets of last year was -0.21962617.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Grab2Go AS's current ratio of this year was 2.02325581. Grab2Go AS's current ratio of last year was 2.43835616.
==> 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.
Grab2Go AS's number of shares in issue this year was 8.125. Grab2Go AS's number of shares in issue last year was 8.125.
==> 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.
Grab2Go AS's gross margin of this year was 0.33333333. Grab2Go AS's gross margin of last year was -0.66666667.
==> 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
Grab2Go AS's asset turnover of this year was 0.00414938. Grab2Go AS's asset turnover of last year was 0.00700935.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Grab2Go AS has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Grab2Go AS (OTSE:GRB2G) has a Piotroski F-Score of 5 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Grab2Go AS and its competitors. This is near median its historical median of 5.00. Over the past decade, Grab2Go AS's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Grab2Go AS ranks #1284 out of 2943 companies in the Industrial Products industry, placing it in the top 43.6%.
Is Grab2Go AS's Piotroski F-Score too high?
Grab2Go AS's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. Grab2Go AS's value of 5 is 0% at this industry median. Based on the distribution chart, Grab2Go AS ranks #1284 out of 2943 companies in the Industrial Products industry, which is above the industry midpoint.
How does Grab2Go AS's Piotroski F-Score compare to EBF?
According to the Industrial Products industry distribution chart, Grab2Go AS ranks #1284 out of 2943 companies for Piotroski F-Score. This puts Grab2Go AS in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Grab2Go AS's value of 5 is 0% at this benchmark. Historically, Grab2Go AS's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Grab2Go AS 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,943 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. Grab2Go AS'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 Grab2Go AS and its competitors. For the Industrial Products 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. Grab2Go AS's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grab2Go AS stock overvalued right now?
Based on GuruFocus' analysis, Grab2Go AS (OTSE:GRB2G) is currently considered Possible Value Trap. The stock's GF Value™ is €0.11, compared to a current price of €0.05 — trading 55.5% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. 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 Grab2Go AS (OTSE:GRB2G), the current Piotroski F-Score is 5 as of Aug. 12, 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.
Grab2Go AS develops and manufactures autonomous, unmanned, and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings, and a better consumer experience in the operation of convenience stores, pharmacies, and other similar points of sale. The company has developed a Cloud Platform to remotely manage and operate its Autonomous Stores in Real-Time. The company earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments), and software development.
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