AddLife AB (STU:1AD1) Piotroski F-Score: 8 (As of Jul. 01, 2026) — 33% Above Median


STU:1AD1 AddLife AB STU:1AD1
85 GF Score
Price €14.73
GF Value €13.19
! 5 Warning Signs
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What is AddLife AB Piotroski F-Score?

AddLife AB STU:1AD1 -3.79% 85 Piotroski F-Score is 8 as of Jul. 01, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates STU:1AD1 with a GF Score™ of 85/100 and a GF Value™ of €13.19. The stock has 5 warning signs investors should review. Among 806 Medical Devices & Instruments companies, AddLife AB ranks better than 98.76% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

AddLife AB has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

STU:1AD1' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of AddLife AB was 8. The lowest was 4. And the median was 6.

AddLife AB  (STU:1AD1) 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.


AddLife AB Piotroski F-Score Related Terms


AddLife AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AddLife 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.

AddLife AB Piotroski F-Score Chart

AddLife AB Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 6.00 7.00 7.00

AddLife 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 8.00 8.00 8.00 7.00 8.00

STU:1AD1 vs ISRG, BDX, MDLN: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, AddLife 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.


AddLife AB Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AddLife AB's Piotroski F-Score distribution charts can be found below:

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


STU:1AD1
85GF Score
AddLife AB STU:1AD1
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 9.08 + 7.363 + 23.892 + 11.791 = €52.1 Mil.
Cash Flow from Operations was 10.805 + 13.181 + 81.6 + 9.655 = €115.2 Mil.
Revenue was 234.089 + 220.802 + 251.141 + 245.559 = €951.6 Mil.
Gross Profit was 91.166 + 82.539 + 95.66 + 94.974 = €364.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1126.764 + 1157.822 + 1150.823 + 1168.042 + 1207.836) / 5 = €1162.2574 Mil.
Total Assets at the begining of this year (Mar25) was €1,126.8 Mil.
Long-Term Debt & Capital Lease Obligation was €260.4 Mil.
Total Current Assets was €411.9 Mil.
Total Current Liabilities was €381.2 Mil.
Net Income was 6.378 + 2.114 + 8.172 + 10.863 = €27.5 Mil.

Revenue was 226.248 + 206.466 + 244.988 + 246.659 = €924.4 Mil.
Gross Profit was 86.194 + 76.984 + 90.762 + 93.479 = €347.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1171.904 + 1154.008 + 1140.057 + 1134.959 + 1126.764) / 5 = €1145.5384 Mil.
Total Assets at the begining of last year (Mar24) was €1,171.9 Mil.
Long-Term Debt & Capital Lease Obligation was €255.6 Mil.
Total Current Assets was €342.1 Mil.
Total Current Liabilities was €364.1 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.

AddLife AB's current Net Income (TTM) was 52.1. ==> 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.

AddLife AB's current Cash Flow from Operations (TTM) was 115.2. ==> 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)
=52.126/1126.764
=0.04626168

ROA (Last Year)=Net Income/Total Assets (Mar24)
=27.527/1171.904
=0.02348913

AddLife AB's return on assets of this year was 0.04626168. AddLife AB's return on assets of last year was 0.02348913. ==> 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.

AddLife AB's current Net Income (TTM) was 52.1. AddLife AB's current Cash Flow from Operations (TTM) was 115.2. ==> 115.2 > 52.1 ==> 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
=260.414/1162.2574
=0.2240588

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=255.606/1145.5384
=0.22313176

AddLife AB's gearing of this year was 0.2240588. AddLife AB's gearing of last year was 0.22313176. ==> 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
=411.927/381.197
=1.08061449

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=342.055/364.147
=0.93933219

AddLife AB's current ratio of this year was 1.08061449. AddLife AB's current ratio of last year was 0.93933219. ==> 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.

AddLife AB's number of shares in issue this year was 121.864. AddLife AB's number of shares in issue last year was 121.864. ==> 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
=364.339/951.591
=0.38287352

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=347.419/924.361
=0.37584775

AddLife AB's gross margin of this year was 0.38287352. AddLife AB's gross margin of last year was 0.37584775. ==> 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)
=951.591/1126.764
=0.84453444

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=924.361/1171.904
=0.78876853

AddLife AB's asset turnover of this year was 0.84453444. AddLife AB's asset turnover of last year was 0.78876853. ==> 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+0+1+1+1+1
=8

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

AddLife AB has an F-score of 8. 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 8 mean?
AddLife AB (STU:1AD1) has a Piotroski F-Score of 8 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AddLife AB and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, AddLife AB's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, AddLife AB ranks #10 out of 806 companies in the Medical Devices & Instruments industry, placing it in the top 1.2%.
Is AddLife AB's Piotroski F-Score too high?
AddLife AB's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. AddLife AB's value of 8 is 60% above this industry median. Based on the distribution chart, AddLife AB ranks #10 out of 806 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, AddLife AB has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does AddLife AB's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, AddLife AB ranks #10 out of 806 companies for Piotroski F-Score. This places AddLife AB in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. AddLife AB's value of 8 is 60% above this benchmark. Historically, AddLife AB's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, AddLife 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 806 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. AddLife AB's current Piotroski F-Score of 8 is 60% 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 AddLife AB 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. AddLife AB's current Piotroski F-Score is 8, which is 33% 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 AddLife AB stock overvalued right now?
AddLife AB (STU:1AD1) has a current Piotroski F-Score of 8. The stock's GF Value™ is €13.19, compared to a current price of €14.73 — trading 11.7% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Medical Devices & Instruments industry median of 5.00. AddLife AB's overall GF Score™ is 85/100 with 5 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 AddLife AB (STU:1AD1), the current Piotroski F-Score is 8 as of Jul. 01, 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 AddLife AB (STU:1AD1) Overvalued in 2026?

Based on GuruFocus' analysis, AddLife AB stock appears to be overvalued. The current stock price of €14.73 is trading 11.7% above its estimated GF Value™ of €13.19.

Key valuation signals for STU:1AD1:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: €13.19 vs. price of €14.73 (11.7% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 60% above the Medical Devices & Instruments median (#10 of 806)

No single metric tells the full story. See the STU:1AD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AddLife AB Business Description

Address Brunkebergstorg 5, Box 3145, Stockholm, SWE, 103 62
AddLife AB is engaged in the business of providing products, services, and advisory services. The company operates in two segments: Labtech and Medtech. The Labtech segment provides analytical instruments, equipment, microscopes, consumables, and reagents, as well as software support and technical service to laboratories in medicine, research, academia and the food and pharmaceutical industries. The Medtech segment includes a range that spans from basic consumables to instruments for surgical procedures, welfare technology, and assistive devices for the elderly and disabled. The majority of revenue is derived from the Medtech segment.
85GF Score

Get the complete analysis for STU:1AD1

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

€14.73
Price
€13.19
GF Value