VKGLF (Viking Line Abp) Piotroski F-Score: 7 (As of Jun. 25, 2026) — 17% Above Median


VKGLF Viking Line Abp VKGLF
69 GF Score
Price $21.85
GF Value $22.07
! 4 Warning Signs
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What is Viking Line Abp Piotroski F-Score?

Viking Line Abp VKGLF 69 Piotroski F-Score is 7 as of Jun. 25, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates VKGLF with a GF Score™ of 69/100 and a GF Value™ of $22.07. The stock has 4 warning signs investors should review. Among 979 Transportation companies, Viking Line Abp ranks better than 86.82% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Viking Line Abp has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

VKGLF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Viking Line Abp was 9. The lowest was 1. And the median was 6.

Viking Line Abp  (OTCPK:VKGLF) 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.


Viking Line Abp Piotroski F-Score Related Terms


Viking Line Abp Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Viking Line Abp'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.

Viking Line Abp Piotroski F-Score Chart

Viking Line Abp 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 7.00 7.00 7.00 5.00 7.00

Viking Line Abp 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 5.00 6.00 6.00 7.00 7.00

Viking Line Abp Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Viking Line Abp'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.


Viking Line Abp Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Viking Line Abp's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Viking Line Abp's Piotroski F-Score falls into.


VKGLF
69GF Score
Viking Line Abp VKGLF
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 5.536 + 34.39 + 4.801 + -22.543 = $22.2 Mil.
Cash Flow from Operations was 38.87 + 28.286 + 11.71 + -9.133 = $69.7 Mil.
Revenue was 148.097 + 178.991 + 131.85 + 97.803 = $556.7 Mil.
Gross Profit was 68.973 + 95.657 + 58.899 + 32.37 = $255.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(639.676 + 694.348 + 697.3 + 687.237 + 669.711) / 5 = $677.6544 Mil.
Total Assets at the begining of this year (Mar25) was $639.7 Mil.
Long-Term Debt & Capital Lease Obligation was $113.4 Mil.
Total Current Assets was $97.2 Mil.
Total Current Liabilities was $143.1 Mil.
Net Income was 1.938 + 27.636 + 3.665 + -23.892 = $9.3 Mil.

Revenue was 135.522 + 168.147 + 114.66 + 94.378 = $512.7 Mil.
Gross Profit was 63.94 + 92.231 + 50.89 + 35.027 = $242.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(682.174 + 673.628 + 687.569 + 636.021 + 639.676) / 5 = $663.8136 Mil.
Total Assets at the begining of last year (Mar24) was $682.2 Mil.
Long-Term Debt & Capital Lease Obligation was $133.1 Mil.
Total Current Assets was $97.4 Mil.
Total Current Liabilities was $122.8 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.

Viking Line Abp's current Net Income (TTM) was 22.2. ==> 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.

Viking Line Abp's current Cash Flow from Operations (TTM) was 69.7. ==> 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)
=22.184/639.676
=0.03468006

ROA (Last Year)=Net Income/Total Assets (Mar24)
=9.347/682.174
=0.01370178

Viking Line Abp's return on assets of this year was 0.03468006. Viking Line Abp's return on assets of last year was 0.01370178. ==> 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.

Viking Line Abp's current Net Income (TTM) was 22.2. Viking Line Abp's current Cash Flow from Operations (TTM) was 69.7. ==> 69.7 > 22.2 ==> 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
=113.41/677.6544
=0.16735669

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=133.081/663.8136
=0.20047947

Viking Line Abp's gearing of this year was 0.16735669. Viking Line Abp's gearing of last year was 0.20047947. ==> 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
=97.225/143.121
=0.6793203

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=97.405/122.811
=0.79312928

Viking Line Abp's current ratio of this year was 0.6793203. Viking Line Abp's current ratio of last year was 0.79312928. ==> 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.

Viking Line Abp's number of shares in issue this year was 17.257. Viking Line Abp's number of shares in issue last year was 17.266. ==> 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
=255.899/556.741
=0.45963743

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=242.088/512.707
=0.47217612

Viking Line Abp's gross margin of this year was 0.45963743. Viking Line Abp's gross margin of last year was 0.47217612. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=556.741/639.676
=0.87034843

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=512.707/682.174
=0.75157804

Viking Line Abp's asset turnover of this year was 0.87034843. Viking Line Abp's asset turnover of last year was 0.75157804. ==> 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+0+1+0+1
=7

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

Viking Line Abp has an F-score of 7. 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 7 mean?
Viking Line Abp (VKGLF) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Viking Line Abp and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Viking Line Abp's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Viking Line Abp ranks #129 out of 979 companies in the Transportation industry, placing it in the top 13.2%.
Is Viking Line Abp's Piotroski F-Score too high?
Viking Line Abp's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Viking Line Abp's value of 7 is 16.7% above this industry median. Based on the distribution chart, Viking Line Abp ranks #129 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Viking Line Abp has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Viking Line Abp's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Viking Line Abp ranks #129 out of 979 companies for Piotroski F-Score. This places Viking Line Abp in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Viking Line Abp's value of 7 is 16.7% above this benchmark. Historically, Viking Line Abp's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Viking Line Abp 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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. Viking Line Abp's current Piotroski F-Score of 7 is 16.7% 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 Viking Line Abp 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. Viking Line Abp's current Piotroski F-Score is 7, which is 17% 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 Viking Line Abp stock overvalued right now?
Viking Line Abp (VKGLF) has a current Piotroski F-Score of 7. The stock's GF Value™ is $22.07, compared to a current price of $21.85 — trading 1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Transportation industry median of 6.00. Viking Line Abp's overall GF Score™ is 69/100 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 Viking Line Abp (VKGLF), the current Piotroski F-Score is 7 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 Viking Line Abp (VKGLF) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Line Abp stock appears to be undervalued. The current stock price of $21.85 is trading 1% below its estimated GF Value™ of $22.07.

Key valuation signals for VKGLF:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: $22.07 vs. price of $21.85 (1% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 16.7% above the Transportation median (#129 of 979)

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


Viking Line Abp Business Description

Address Norragatan 4, P.O. Box 166, Aland, Mariehamn, FIN, AX-22101
Viking Line Abp is a Finland-based company engaged in providing passenger and cargo carrier services in the northern Baltic Sea. The group's operations are divided into two operating segments: Vessels and Unallocated. The Vessel operating segment, which is the key revenue driver, comprises direct revenue and expenses, including depreciation and amortization that are attributable to vessel operations. The Unallocated operating segment mainly comprises unallocated marketing and administrative expenses. The business of the group is mainly operated in Finland.
69GF Score

Get the complete analysis for VKGLF

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

$21.85
Price
$22.07
GF Value