Akebia Therapeutics (STU:AX9) Piotroski F-Score: 5 (As of Jun. 29, 2026) — 25% Above Median


STU:AX9 Akebia Therapeutics Inc STU:AX9
51 GF Score
Price €0.98
GF Value €1.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Akebia Therapeutics Piotroski F-Score?

Akebia Therapeutics STU:AX9 +8.59% 51 Piotroski F-Score is 5 as of Jun. 29, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates STU:AX9 with a GF Score™ of 51/100 and a GF Value™ of €1.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 978 Drug Manufacturers companies, Akebia Therapeutics ranks better than 61.66% 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

Akebia Therapeutics 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 Akebia Therapeutics's Piotroski F-Score or its related term are showing as below:

STU:AX9' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Akebia Therapeutics was 7. The lowest was 1. And the median was 4.

Akebia Therapeutics  (STU:AX9) 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.


Akebia Therapeutics Piotroski F-Score Related Terms


Akebia Therapeutics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Akebia Therapeutics'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.

Akebia Therapeutics Piotroski F-Score Chart

Akebia Therapeutics 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 4.00 5.00 3.00 3.00 7.00

Akebia Therapeutics 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 4.00 5.00 7.00 7.00 5.00

STU:AX9 vs TKNO, ORGO, SIGA: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Akebia Therapeutics'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.


Akebia Therapeutics Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Akebia Therapeutics's Piotroski F-Score distribution charts can be found below:

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


STU:AX9
51GF Score
Akebia Therapeutics Inc STU:AX9
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 0.214 + 0.46 + -10.456 + -7.832 = €-17.6 Mil.
Cash Flow from Operations was 19.373 + 23.945 + 26.584 + -18.344 = €51.6 Mil.
Revenue was 54.163 + 50.069 + 49.209 + 46.316 = €199.8 Mil.
Gross Profit was 45.563 + 42.074 + 38.504 + 35.685 = €161.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(286.921 + 299.631 + 310.258 + 321.587 + 313.58) / 5 = €306.3954 Mil.
Total Assets at the begining of this year (Mar25) was €286.9 Mil.
Long-Term Debt & Capital Lease Obligation was €31.5 Mil.
Total Current Assets was €210.6 Mil.
Total Current Liabilities was €150.4 Mil.
Net Income was -7.973 + -18.055 + -21.778 + 5.654 = €-42.2 Mil.

Revenue was 40.549 + 33.723 + 44.405 + 53.036 = €171.7 Mil.
Gross Profit was 24.712 + 20.964 + 24.956 + 45.983 = €116.6 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(207.439 + 204.562 + 186.635 + 210.74 + 286.921) / 5 = €219.2594 Mil.
Total Assets at the begining of last year (Mar24) was €207.4 Mil.
Long-Term Debt & Capital Lease Obligation was €45.0 Mil.
Total Current Assets was €188.5 Mil.
Total Current Liabilities was €84.4 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.

Akebia Therapeutics's current Net Income (TTM) was -17.6. ==> 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.

Score 1 if positive, 0 if negative.

Akebia Therapeutics's current Cash Flow from Operations (TTM) was 51.6. ==> 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)
=-17.614/286.921
=-0.06138972

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-42.152/207.439
=-0.20320191

Akebia Therapeutics's return on assets of this year was -0.06138972. Akebia Therapeutics's return on assets of last year was -0.20320191. ==> 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.

Akebia Therapeutics's current Net Income (TTM) was -17.6. Akebia Therapeutics's current Cash Flow from Operations (TTM) was 51.6. ==> 51.6 > -17.6 ==> 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
=31.482/306.3954
=0.10274958

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=44.986/219.2594
=0.2051725

Akebia Therapeutics's gearing of this year was 0.10274958. Akebia Therapeutics's gearing of last year was 0.2051725. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=210.611/150.41
=1.40024599

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=188.498/84.385
=2.23378563

Akebia Therapeutics's current ratio of this year was 1.40024599. Akebia Therapeutics's current ratio of last year was 2.23378563. ==> 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.

Akebia Therapeutics's number of shares in issue this year was 267.047. Akebia Therapeutics's number of shares in issue last year was 241.603. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=161.826/199.757
=0.81011429

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=116.615/171.713
=0.67912738

Akebia Therapeutics's gross margin of this year was 0.81011429. Akebia Therapeutics's gross margin of last year was 0.67912738. ==> 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)
=199.757/286.921
=0.69620906

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=171.713/207.439
=0.82777588

Akebia Therapeutics's asset turnover of this year was 0.69620906. Akebia Therapeutics's asset turnover of last year was 0.82777588. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+1+0+0+1+0
=5

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

Akebia Therapeutics has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Akebia Therapeutics (STU:AX9) has a Piotroski F-Score of 5 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Akebia Therapeutics and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Akebia Therapeutics' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Akebia Therapeutics ranks #375 out of 978 companies in the Drug Manufacturers industry, placing it in the top 38.3%.
Is Akebia Therapeutics' Piotroski F-Score too high?
Akebia Therapeutics' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Akebia Therapeutics' value of 5 is 0% at this industry median. Based on the distribution chart, Akebia Therapeutics ranks #375 out of 978 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Akebia Therapeutics has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akebia Therapeutics' Piotroski F-Score compare to TKNO and ORGO?
According to the Drug Manufacturers industry distribution chart, Akebia Therapeutics ranks #375 out of 978 companies for Piotroski F-Score. This puts Akebia Therapeutics in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Akebia Therapeutics' value of 5 is 0% at this benchmark. Historically, Akebia Therapeutics' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Akebia Therapeutics 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 978 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. Akebia Therapeutics'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 Akebia Therapeutics and its competitors. For the Drug Manufacturers 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. Akebia Therapeutics's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akebia Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Akebia Therapeutics (STU:AX9) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.12, compared to a current price of €0.98 — trading 12.6% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Drug Manufacturers industry median of 5.00. Akebia Therapeutics' overall GF Score™ is 51/100 with 4 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 Akebia Therapeutics (STU:AX9), the current Piotroski F-Score is 5 as of Jun. 29, 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 Akebia Therapeutics (STU:AX9) Overvalued in 2026?

Based on GuruFocus' analysis, Akebia Therapeutics stock appears to be undervalued. The current stock price of €0.98 is trading 12.6% below its estimated GF Value™ of €1.12. GuruFocus considers Akebia Therapeutics to be Modestly Undervalued.

Key valuation signals for STU:AX9:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: €1.12 vs. price of €0.98 (12.6% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 0% at the Drug Manufacturers median (#375 of 978)

No single metric tells the full story. See the STU:AX9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akebia Therapeutics Business Description

Other Exchanges AKBA:USA
Address 245 First Street, Suite 1400, Cambridge, MA, USA, 02142
Akebia Therapeutics Inc is a fully integrated biopharmaceutical company. The Company's operating segment is the business of developing and commercializing novel therapeutics. The current portfolio of the company includes Auryxia (ferric citrate), a medicine approved and marketed in the United States for the control of serum phosphorus levels in adult patients with dialysis-dependent chronic kidney disease and the treatment of iron deficiency anemia, in adult patients with non-dialysis-dependent chronic kidney disease, Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase, inhibitor approved in Japan for the treatment of anemia due to chronic kidney disease, and HIF-PH inhibitors in preclinical development.
51GF Score

Get the complete analysis for STU:AX9

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

€0.98
Price
€1.12
GF Value