Rusta AB (publ) (STU:6ZZ) Piotroski F-Score: 9 (As of Jul. 03, 2026) — 13% Above Median


STU:6ZZ Rusta AB (publ) STU:6ZZ
60 GF Score
Price €7.46
GF Value €7.65
! 1 Warning Sign
View Full Analysis

What is Rusta AB (publ) Piotroski F-Score?

Rusta AB (publ) STU:6ZZ +3.54% 60 Piotroski F-Score is 9 as of Jul. 03, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates STU:6ZZ with a GF Score™ of 60/100 and a GF Value™ of €7.65. The stock has 1 warning sign investors should review. Among 1,098 Retail - Cyclical companies, Rusta AB (publ) ranks better than 99.91% 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

Rusta AB (publ) 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 Rusta AB (publ)'s Piotroski F-Score or its related term are showing as below:

STU:6ZZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 8   Max: 9
Current: 9

During the past 6 years, the highest Piotroski F-Score of Rusta AB (publ) was 9. The lowest was 7. And the median was 8.

Rusta AB (publ)  (STU:6ZZ) 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.


Rusta AB (publ) Piotroski F-Score Related Terms


Rusta AB (publ) Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rusta AB (publ)'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.

Rusta AB (publ) Piotroski F-Score Chart

Rusta AB (publ) Annual Data
Trend Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 8.00 7.00 9.00

Rusta AB (publ) Quarterly Data
Apr21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.00 6.00 7.00 7.00 9.00

STU:6ZZ vs DDS: Piotroski F-Score Comparison

For the Department Stores subindustry, Rusta AB (publ)'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.


Rusta AB (publ) Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rusta AB (publ)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Rusta AB (publ)'s Piotroski F-Score falls into.


STU:6ZZ
60GF Score
Rusta AB (publ) STU:6ZZ
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 15.537 + 9.661 + 30.895 + -5.627 = €50 Mil.
Cash Flow from Operations was 42.147 + 13.762 + 80.983 + 16.143 = €153 Mil.
Revenue was 283.419 + 268.674 + 355.391 + 247.122 = €1,155 Mil.
Gross Profit was 120.547 + 120.211 + 156.537 + 104.605 = €502 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(852.153 + 830.881 + 862.527 + 877.71 + 886.833) / 5 = €862.0208 Mil.
Total Assets at the begining of this year (Apr25) was €852 Mil.
Long-Term Debt & Capital Lease Obligation was €409 Mil.
Total Current Assets was €315 Mil.
Total Current Liabilities was €261 Mil.
Net Income was 20.02 + 5.08 + 22.397 + -6.287 = €41 Mil.

Revenue was 265.977 + 238.502 + 303.539 + 232.604 = €1,041 Mil.
Gross Profit was 116.392 + 104.668 + 131.943 + 95.119 = €448 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(783.891 + 814.743 + 821.049 + 809.002 + 852.153) / 5 = €816.1676 Mil.
Total Assets at the begining of last year (Apr24) was €784 Mil.
Long-Term Debt & Capital Lease Obligation was €414 Mil.
Total Current Assets was €296 Mil.
Total Current Liabilities was €266 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.

Rusta AB (publ)'s current Net Income (TTM) was 50. ==> 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.

Rusta AB (publ)'s current Cash Flow from Operations (TTM) was 153. ==> 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 (Apr25)
=50.466/852.153
=0.05922176

ROA (Last Year)=Net Income/Total Assets (Apr24)
=41.21/783.891
=0.05257108

Rusta AB (publ)'s return on assets of this year was 0.05922176. Rusta AB (publ)'s return on assets of last year was 0.05257108. ==> 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.

Rusta AB (publ)'s current Net Income (TTM) was 50. Rusta AB (publ)'s current Cash Flow from Operations (TTM) was 153. ==> 153 > 50 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=408.548/862.0208
=0.47394216

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=414.187/816.1676
=0.50747788

Rusta AB (publ)'s gearing of this year was 0.47394216. Rusta AB (publ)'s gearing of last year was 0.50747788. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=315.013/260.958
=1.20714061

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=296.29/266.042
=1.11369633

Rusta AB (publ)'s current ratio of this year was 1.20714061. Rusta AB (publ)'s current ratio of last year was 1.11369633. ==> 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.

Rusta AB (publ)'s number of shares in issue this year was 152.952. Rusta AB (publ)'s number of shares in issue last year was 152.952. ==> 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
=501.9/1154.606
=0.43469374

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=448.122/1040.622
=0.43062899

Rusta AB (publ)'s gross margin of this year was 0.43469374. Rusta AB (publ)'s gross margin of last year was 0.43062899. ==> 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 (Apr25)
=1154.606/852.153
=1.35492805

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=1040.622/783.891
=1.32750854

Rusta AB (publ)'s asset turnover of this year was 1.35492805. Rusta AB (publ)'s asset turnover of last year was 1.32750854. ==> 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

Rusta AB (publ) 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?
Rusta AB (publ) (STU:6ZZ) has a Piotroski F-Score of 9 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rusta AB (publ) and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, Rusta AB (publ)'s Piotroski F-Score has ranged from 7.00 to 9.00. According to the industry distribution chart, Rusta AB (publ) ranks #1 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is Rusta AB (publ)'s Piotroski F-Score too high?
Rusta AB (publ)'s current Piotroski F-Score of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. Rusta AB (publ)'s value of 9 is 80% above this industry median. Based on the distribution chart, Rusta AB (publ) ranks #1 out of 1098 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Rusta AB (publ) has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Rusta AB (publ)'s Piotroski F-Score compare to DDS?
According to the Retail - Cyclical industry distribution chart, Rusta AB (publ) ranks #1 out of 1098 companies for Piotroski F-Score. This places Rusta AB (publ) in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Rusta AB (publ)'s value of 9 is 80% above this benchmark. Historically, Rusta AB (publ)'s own Piotroski F-Score has ranged from 7.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Rusta AB (publ) 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,098 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. Rusta AB (publ)'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 Rusta AB (publ) and its competitors. For the Retail - Cyclical 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. Rusta AB (publ)'s current Piotroski F-Score is 9, which is 13% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rusta AB (publ) stock overvalued right now?
Rusta AB (publ) (STU:6ZZ) has a current Piotroski F-Score of 9. The stock's GF Value™ is €7.65, compared to a current price of €7.46 — trading 2.5% below its estimated fair value. The current Piotroski F-Score is 9, which is 13% above median its 10-year median of 8.00 and 80% above the Retail - Cyclical industry median of 5.00. Rusta AB (publ)'s overall GF Score™ is 60/100 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 Rusta AB (publ) (STU:6ZZ), the current Piotroski F-Score is 9 as of Jul. 03, 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 Rusta AB (publ) (STU:6ZZ) Overvalued in 2026?

Based on GuruFocus' analysis, Rusta AB (publ) stock appears to be undervalued. The current stock price of €7.46 is trading 2.5% below its estimated GF Value™ of €7.65.

Key valuation signals for STU:6ZZ:

  • Piotroski F-Score: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: €7.65 vs. price of €7.46 (2.5% below fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 80% above the Retail - Cyclical median (#1 of 1098)

No single metric tells the full story. See the STU:6ZZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rusta AB (publ) Business Description

Other Exchanges RUSTA:SwedenRUSTAs:UK
Address Kanalvagen 12, 4th floor, Box 5064, Upplands Vasby, SWE, SE-194 05
Rusta AB (publ) is a dominant company in the Nordic variety hard discount market. The company offers a wide and carefully selected range of home and leisure products, with good quality at low prices. It has a wide multi-geographic presence with a network of stores across Sweden, Norway, Finland, and Germany.
60GF Score

Get the complete analysis for STU:6ZZ

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

€7.46
Price
€7.65
GF Value