Sonova Holding AGSONVF -0.49%89 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates SONVF with a GF Score™ of 89/100 and a GF Value™ of $314.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Sonova Holding AG ranks better than 64.97% 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
Sonova Holding AG 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 Sonova Holding AG's Piotroski F-Score or its related term are showing as below:
SONVF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Sonova Holding AG was 7. The lowest was 5. And the median was 7.
Sonova Holding AG (OTCPK:SONVF) 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.
Sonova Holding AG Piotroski F-Score Related Terms
Sonova Holding AG Piotroski F-Score Historical Data
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The historical data trend for Sonova Holding AG'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.
SONVF vs ABT, SYK, MDT: Piotroski F-Score Comparison
For the Medical Devices subindustry, Sonova Holding AG'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.
Sonova Holding AG Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sonova Holding AG'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.
Sonova Holding AG's current Net Income (TTM) was 547.
==> 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.
Sonova Holding AG's return on assets of this year was 0.08157558. Sonova Holding AG's return on assets of last year was 0.09384965.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sonova Holding AG's gearing of this year was 0.27970145. Sonova Holding AG's gearing of last year was 0.22738224.
==> 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
Sonova Holding AG's current ratio of this year was 1.75313363. Sonova Holding AG's current ratio of last year was 1.27411507.
==> 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.
Sonova Holding AG's number of shares in issue this year was 59.626. Sonova Holding AG's number of shares in issue last year was 59.783.
==> 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.
Sonova Holding AG's gross margin of this year was 0.73720853. Sonova Holding AG's gross margin of last year was 0.74300419.
==> 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
Sonova Holding AG's asset turnover of this year was 0.68312388. Sonova Holding AG's asset turnover of last year was 0.62732558.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sonova Holding AG has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Sonova Holding AG (SONVF) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sonova Holding AG and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Sonova Holding AG's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Sonova Holding AG ranks #282 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 35%.
Is Sonova Holding AG's Piotroski F-Score too high?
Sonova Holding AG's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Sonova Holding AG's value of 5 is 0% at this industry median. Based on the distribution chart, Sonova Holding AG ranks #282 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sonova Holding AG has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sonova Holding AG ranks #282 out of 805 companies for Piotroski F-Score. This puts Sonova Holding AG in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sonova Holding AG's value of 5 is 0% at this benchmark. Historically, Sonova Holding AG's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Sonova Holding AG 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 a Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 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. Sonova Holding AG'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 Sonova Holding AG and its competitors. For the Medical Devices & Instruments 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. Sonova Holding AG's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (SONVF) is currently considered Modestly Undervalued. The stock's GF Value™ is $314.08, compared to a current price of $243.88 — trading 22.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Medical Devices & Instruments industry median of 5.00. Sonova Holding AG's overall GF Score™ is 89/100 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 Sonova Holding AG (SONVF), the current Piotroski F-Score is 5 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 Sonova Holding AG (SONVF) Overvalued in 2026?
Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued.
The current stock price of $243.88 is trading 22.4% below its estimated GF Value™ of $314.08.
GuruFocus considers Sonova Holding AG to be Modestly Undervalued.
Key valuation signals for SONVF:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: $314.08 vs. price of $243.88 (22.4% below fair value)
Industry Position: 0% at the Medical Devices & Instruments median (#282 of 805)
No single metric tells the full story. See the SONVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
89GF Score
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