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Swvl HoldingsSWVL +37.44%54 Piotroski F-Score is 4 as of Aug. 29, 2026, which is at its 10-year median of 4.00. GuruFocus rates SWVL with a GF Score™ of 54/100 and a GF Value™ of $3.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 982 Transportation companies, Swvl Holdings ranks worse than 73.42% 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
Swvl Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Swvl Holdings's Piotroski F-Score or its related term are showing as below:
SWVL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 6
Current: 4
During the past 8 years, the highest Piotroski F-Score of Swvl Holdings was 6. The lowest was 4. And the median was 4.
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.
Swvl Holdings Piotroski F-Score Related Terms
Swvl Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Swvl Holdings'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.
SWVL vs RVSN, PNYG, UNP: Piotroski F-Score Comparison
For the Railroads subindustry, Swvl Holdings'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.
Swvl Holdings Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Swvl Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Swvl Holdings'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.
Swvl Holdings's current Net Income (TTM) was 1.31.
==> 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.
Swvl Holdings's return on assets of this year was 0.0802273. Swvl Holdings's return on assets of last year was -0.4721867.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Swvl Holdings's gearing of this year was 0.05509929. Swvl Holdings's gearing of last year was 0.02299932.
==> 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
Swvl Holdings's current ratio of this year was 0.80347714. Swvl Holdings's current ratio of last year was 0.64790774.
==> 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.
Swvl Holdings's number of shares in issue this year was 10.781. Swvl Holdings's number of shares in issue last year was 8.657.
==> 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.
Swvl Holdings's gross margin of this year was 0.18036246. Swvl Holdings's gross margin of last year was 0.2114837.
==> 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
Swvl Holdings's asset turnover of this year was 1.47672003. Swvl Holdings's asset turnover of last year was 0.7858513.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Swvl Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Swvl Holdings (SWVL) has a Piotroski F-Score of 4 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Swvl Holdings and its competitors. This is near median its historical median of 4.00. Over the past decade, Swvl Holdings' Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Swvl Holdings ranks #721 out of 982 companies in the Transportation industry, placing it in the top 73.4%.
Is Swvl Holdings' Piotroski F-Score too high?
Swvl Holdings' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Transportation industry median Piotroski F-Score is 6.00. Swvl Holdings' value of 4 is 33.3% below this industry median. Based on the distribution chart, Swvl Holdings ranks #721 out of 982 companies in the Transportation industry, which is below the industry midpoint. Overall, Swvl Holdings has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swvl Holdings' Piotroski F-Score compare to RVSN and PNYG?
According to the Transportation industry distribution chart, Swvl Holdings ranks #721 out of 982 companies for Piotroski F-Score. This places Swvl Holdings in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Swvl Holdings' value of 4 is 33.3% below this benchmark. Historically, Swvl Holdings' own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 6.00, Swvl Holdings has consistently been below 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 982 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. Swvl Holdings's current Piotroski F-Score of 4 is 33.3% below 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 Swvl Holdings and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swvl Holdings's current Piotroski F-Score is 4, which is near 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 Swvl Holdings stock overvalued right now?
Based on GuruFocus' analysis, Swvl Holdings (SWVL) is currently considered Fairly Valued. The stock's GF Value™ is $3.17, compared to a current price of $3.15 — trading 0.6% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% below the Transportation industry median of 6.00. Swvl Holdings' overall GF Score™ is 54/100 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 Swvl Holdings (SWVL), the current Piotroski F-Score is 4 as of Aug. 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 Swvl Holdings (SWVL) Overvalued in 2026?
Based on GuruFocus' analysis, Swvl Holdings stock appears to be undervalued.
The current stock price of $3.15 is trading 0.6% below its estimated GF Value™ of $3.17.
GuruFocus considers Swvl Holdings to be Fairly Valued.
Key valuation signals for SWVL:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: $3.17 vs. price of $3.15 (0.6% below fair value)
Industry Position: 33.3% below the Transportation median (#721 of 982)
No single metric tells the full story. See the SWVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swvl Holdings Corp is a technology-driven mobility company providing mass transit solutions. It currently has two offerings: business-to-consumer (B2C) and B2B (marketed as Swvl Business). The company's B2C business utilizes its platform to provide riders with a network of minibuses and other vehicles that operate on fixed and semi-fixed routes throughout and between different cities. Riders can book available seats on vehicles to commute within a city. The Swvl Business caters to corporate customers (as well as schools and municipalities), providing them with transportation solutions for their employees and students. This business also offers transportation management software to clients who operate their own fleet. Geographically, the company generates maximum revenue from Egypt.
54GF Score
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