Gosol Energy Group AB (XSAT:GOSOL) Piotroski F-Score: 3 (As of Jul. 02, 2026) — Near Median


XSAT:GOSOL Gosol Energy Group AB XSAT:GOSOL
19 GF Score
Price kr0.61
! 3 Warning Signs
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What is Gosol Energy Group AB Piotroski F-Score?

Gosol Energy Group AB XSAT:GOSOL -1.62% 19 Piotroski F-Score is 3 as of Jul. 02, 2026, which is at its 10-year median of 3.00. GuruFocus rates XSAT:GOSOL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 990 Semiconductors companies, Gosol Energy Group AB ranks worse than 78.48% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Gosol Energy Group AB has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Gosol Energy Group AB's Piotroski F-Score or its related term are showing as below:

XSAT:GOSOL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 3
Current: 3

During the past 4 years, the highest Piotroski F-Score of Gosol Energy Group AB was 3. The lowest was 3. And the median was 3.

Gosol Energy Group AB  (XSAT:GOSOL) 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.


Gosol Energy Group AB Piotroski F-Score Related Terms


Gosol Energy Group AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gosol Energy Group AB'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.

Gosol Energy Group AB Piotroski F-Score Chart

Gosol Energy Group AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 3.00

Gosol Energy Group AB Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Piotroski F-Score N/A N/A 3.00 3.00

XSAT:GOSOL vs FSLR, NXT, ENPH: Piotroski F-Score Comparison

For the Solar subindustry, Gosol Energy Group AB'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.


Gosol Energy Group AB Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gosol Energy Group AB's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Gosol Energy Group AB's Piotroski F-Score falls into.


XSAT:GOSOL
19GF Score
Gosol Energy Group AB XSAT:GOSOL
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was kr2.7 Mil.
Cash Flow from Operations was kr-4.7 Mil.
Revenue was kr184.2 Mil.
Gross Profit was kr47.9 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (66.948 + 72.324) / 2 = kr69.636 Mil.
Total Assets at the begining of this year (Dec24) was kr66.9 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.
Total Current Assets was kr72.2 Mil.
Total Current Liabilities was kr37.9 Mil.
Net Income was kr4.4 Mil.

Revenue was kr189.9 Mil.
Gross Profit was kr50.1 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (90.169 + 66.948) / 2 = kr78.5585 Mil.
Total Assets at the begining of last year (Dec23) was kr90.2 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.
Total Current Assets was kr66.7 Mil.
Total Current Liabilities was kr33.8 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.

Gosol Energy Group AB's current Net Income (TTM) was 2.7. ==> 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.

Gosol Energy Group AB's current Cash Flow from Operations (TTM) was -4.7. ==> Negative ==> Score 0.

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 (Dec24)
=2.714/66.948
=0.04053893

ROA (Last Year)=Net Income/Total Assets (Dec23)
=4.376/90.169
=0.04853109

Gosol Energy Group AB's return on assets of this year was 0.04053893. Gosol Energy Group AB's return on assets of last year was 0.04853109. ==> Last year is higher ==> Score 0.

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.

Gosol Energy Group AB's current Net Income (TTM) was 2.7. Gosol Energy Group AB's current Cash Flow from Operations (TTM) was -4.7. ==> -4.7 <= 2.7 ==> CFROA <= ROA ==> Score 0.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/69.636
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/78.5585
=0

Gosol Energy Group AB's gearing of this year was 0. Gosol Energy Group AB's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=72.173/37.861
=1.90626238

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=66.726/33.756
=1.97671525

Gosol Energy Group AB's current ratio of this year was 1.90626238. Gosol Energy Group AB's current ratio of last year was 1.97671525. ==> 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.

Gosol Energy Group AB's number of shares in issue this year was 67.838. Gosol Energy Group AB's number of shares in issue last year was 62.519. ==> 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
=47.921/184.177
=0.26018993

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=50.096/189.857
=0.26386175

Gosol Energy Group AB's gross margin of this year was 0.26018993. Gosol Energy Group AB's gross margin of last year was 0.26386175. ==> 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 (Dec24)
=184.177/66.948
=2.75104559

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=189.857/90.169
=2.10556843

Gosol Energy Group AB's asset turnover of this year was 2.75104559. Gosol Energy Group AB's asset turnover of last year was 2.10556843. ==> 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+0+0+0+1+0+0+0+1
=3

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

Gosol Energy Group AB has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Gosol Energy Group AB (XSAT:GOSOL) has a Piotroski F-Score of 3 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gosol Energy Group AB and its competitors. This is near median its historical median of 3.00. Over the past decade, Gosol Energy Group AB's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Gosol Energy Group AB ranks #777 out of 990 companies in the Semiconductors industry, placing it in the top 78.5%.
Is Gosol Energy Group AB's Piotroski F-Score too high?
Gosol Energy Group AB's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Semiconductors industry median Piotroski F-Score is 5.00. Gosol Energy Group AB's value of 3 is 40% below this industry median. Based on the distribution chart, Gosol Energy Group AB ranks #777 out of 990 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Gosol Energy Group AB has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Gosol Energy Group AB's Piotroski F-Score compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Gosol Energy Group AB ranks #777 out of 990 companies for Piotroski F-Score. This places Gosol Energy Group AB in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Gosol Energy Group AB's value of 3 is 40% below this benchmark. Historically, Gosol Energy Group AB's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Gosol Energy Group AB 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 990 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. Gosol Energy Group AB's current Piotroski F-Score of 3 is 40% 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 Gosol Energy Group AB and its competitors. For the Semiconductors 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. Gosol Energy Group AB's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gosol Energy Group AB stock overvalued right now?
Gosol Energy Group AB (XSAT:GOSOL) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Semiconductors industry median of 5.00. Gosol Energy Group AB's overall GF Score™ is 19/100 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 Gosol Energy Group AB (XSAT:GOSOL), the current Piotroski F-Score is 3 as of Jul. 02, 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.

Gosol Energy Group AB Business Description

Address Telefonvagen 30, Stockholm, SWE, 126 26
Gosol Energy Group AB is a comprehensive supplier of energy solutions with a focus on solar cells, charging infrastructure and battery solutions for private individuals and companies.
19GF Score

Get the complete analysis for XSAT:GOSOL

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

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