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Doverie Obed HlXBUL:DUH +3.41%86 Piotroski F-Score is 6 as of Aug. 09, 2026, which is at its 10-year median of 6.00. GuruFocus rates XBUL:DUH with a GF Score™ of 86/100 and a GF Value™ of €10.60 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,498 Banks companies, Doverie Obed Hl ranks better than 59.88% 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
Doverie Obed Hl has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Doverie Obed Hl's Piotroski F-Score or its related term are showing as below:
XBUL:DUH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Doverie Obed Hl was 9. The lowest was 4. And the median was 6.
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.
Doverie Obed Hl Piotroski F-Score Related Terms
Doverie Obed Hl Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Doverie Obed Hl'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.
XBUL:DUH vs PNC, USB: Piotroski F-Score Comparison
For the Banks - Regional subindustry, Doverie Obed Hl'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.
Doverie Obed Hl Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Doverie Obed Hl's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Doverie Obed Hl'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.
Doverie Obed Hl's current Net Income (TTM) was 58.1.
==> 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.
Doverie Obed Hl's return on assets of this year was 0.02842348. Doverie Obed Hl's return on assets of last year was 0.03004781.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Doverie Obed Hl's gearing of this year was 0.04420424. Doverie Obed Hl's gearing of last year was 0.02879859.
==> 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
Doverie Obed Hl's current ratio of this year was 1.70138985. Doverie Obed Hl's current ratio of last year was 1.69266809.
==> 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.
Doverie Obed Hl's number of shares in issue this year was 21.35. Doverie Obed Hl's number of shares in issue last year was 21.481.
==> 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.
Doverie Obed Hl's gross margin of this year was 0.4163164. Doverie Obed Hl's gross margin of last year was 0.38934217.
==> 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
Doverie Obed Hl's asset turnover of this year was 0.17077135. Doverie Obed Hl's asset turnover of last year was 0.16915901.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Doverie Obed Hl has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Doverie Obed Hl (XBUL:DUH) has a Piotroski F-Score of 6 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Doverie Obed Hl and its competitors. This is near median its historical median of 6.00. Over the past decade, Doverie Obed Hl's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Doverie Obed Hl ranks #601 out of 1498 companies in the Banks industry, placing it in the top 40.1%.
Is Doverie Obed Hl's Piotroski F-Score too high?
Doverie Obed Hl's current Piotroski F-Score of 6 is near 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 9.00. The Banks industry median Piotroski F-Score is 6.00. Doverie Obed Hl's value of 6 is 0% at this industry median. Based on the distribution chart, Doverie Obed Hl ranks #601 out of 1498 companies in the Banks industry, which is above the industry midpoint. Overall, Doverie Obed Hl has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Doverie Obed Hl's Piotroski F-Score compare to PNC and USB?
According to the Banks industry distribution chart, Doverie Obed Hl ranks #601 out of 1498 companies for Piotroski F-Score. This puts Doverie Obed Hl in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Doverie Obed Hl's value of 6 is 0% at this benchmark. Historically, Doverie Obed Hl's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Doverie Obed Hl 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 Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,498 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. Doverie Obed Hl's current Piotroski F-Score of 6 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 Doverie Obed Hl and its competitors. For the Banks 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. Doverie Obed Hl's current Piotroski F-Score is 6, which is near 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 Doverie Obed Hl stock overvalued right now?
Based on GuruFocus' analysis, Doverie Obed Hl (XBUL:DUH) is currently considered Possible Value Trap. The stock's GF Value™ is €10.60, compared to a current price of €5.46 — trading 48.5% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Banks industry median of 6.00. Doverie Obed Hl's overall GF Score™ is 86/100 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 Doverie Obed Hl (XBUL:DUH), the current Piotroski F-Score is 6 as of Aug. 09, 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 Doverie Obed Hl (XBUL:DUH) Overvalued in 2026?
Based on GuruFocus' analysis, Doverie Obed Hl stock appears to be undervalued.
The current stock price of €5.46 is trading 48.5% below its estimated GF Value™ of €10.60.
GuruFocus considers Doverie Obed Hl to be Possible Value Trap.
Key valuation signals for XBUL:DUH:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: €10.60 vs. price of €5.46 (48.5% below fair value)
Industry Position: 0% at the Banks median (#601 of 1498)
No single metric tells the full story. See the XBUL:DUH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doverie Obed Hl is a holding company that unites companies which carry out their activities in the field of commercial banking, health care, wine making, residential building, household chemicals, purchase/sale of DIY goods, renting out real estate and movable property, and others. The company has the following operating segments Banking sector, Insurance sector, Trade in 'do it yourself' goods, Non-financial enterprises performing financial services, Medical services, Detergents & household chemicals, and Others The majority of revenue is from the Banking sector.
86GF Score
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