Solution International Nordics AB (XSAT:SIN) Piotroski F-Score: 6 (As of Jul. 01, 2026) — 20% Above Median


XSAT:SIN Solution International Nordics AB XSAT:SIN
42 GF Score
Price kr2.99
GF Value kr7.30
Valuation Possible Value Trap
! 4 Warning Signs
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What is Solution International Nordics AB Piotroski F-Score?

Solution International Nordics AB XSAT:SIN -0.33% 42 Piotroski F-Score is 6 as of Jul. 01, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XSAT:SIN with a GF Score™ of 42/100 and a GF Value™ of kr7.30 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Solution International Nordics AB ranks better than 73.28% 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

Solution International Nordics AB 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 Solution International Nordics AB's Piotroski F-Score or its related term are showing as below:

XSAT:SIN' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 6

During the past 9 years, the highest Piotroski F-Score of Solution International Nordics AB was 6. The lowest was 2. And the median was 5.

Solution International Nordics AB  (XSAT:SIN) 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.


Solution International Nordics AB Piotroski F-Score Related Terms


Solution International Nordics AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Solution International Nordics 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.

Solution International Nordics AB Piotroski F-Score Chart

Solution International Nordics AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 5.00 2.00 5.00 6.00

Solution International Nordics AB 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 0.00 0.00 0.00 6.00 0.00

XSAT:SIN vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Solution International Nordics 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.


Solution International Nordics AB Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Solution International Nordics AB's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Solution International Nordics AB's Piotroski F-Score falls into.


XSAT:SIN
42GF Score
Solution International Nordics AB XSAT:SIN
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was kr-5.95 Mil.
Cash Flow from Operations was kr0.14 Mil.
Revenue was kr122.52 Mil.
Gross Profit was kr15.24 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (23.83 + 64.473) / 2 = kr44.1515 Mil.
Total Assets at the begining of this year (Dec24) was kr23.83 Mil.
Long-Term Debt & Capital Lease Obligation was kr4.67 Mil.
Total Current Assets was kr45.55 Mil.
Total Current Liabilities was kr49.22 Mil.
Net Income was kr-11.66 Mil.

Revenue was kr2.49 Mil.
Gross Profit was kr1.88 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (21.457 + 23.83) / 2 = kr22.6435 Mil.
Total Assets at the begining of last year (Dec23) was kr21.46 Mil.
Long-Term Debt & Capital Lease Obligation was kr12.66 Mil.
Total Current Assets was kr0.94 Mil.
Total Current Liabilities was kr3.27 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.

Solution International Nordics AB's current Net Income (TTM) was -5.95. ==> 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.

Solution International Nordics AB's current Cash Flow from Operations (TTM) was 0.14. ==> 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 (Dec24)
=-5.946/23.83
=-0.24951742

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-11.663/21.457
=-0.54355222

Solution International Nordics AB's return on assets of this year was -0.24951742. Solution International Nordics AB's return on assets of last year was -0.54355222. ==> 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.

Solution International Nordics AB's current Net Income (TTM) was -5.95. Solution International Nordics AB's current Cash Flow from Operations (TTM) was 0.14. ==> 0.14 > -5.95 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=4.672/44.1515
=0.10581747

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=12.662/22.6435
=0.55918917

Solution International Nordics AB's gearing of this year was 0.10581747. Solution International Nordics AB's gearing of last year was 0.55918917. ==> 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
=45.546/49.217
=0.92541195

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.936/3.27
=0.28623853

Solution International Nordics AB's current ratio of this year was 0.92541195. Solution International Nordics AB's current ratio of last year was 0.28623853. ==> 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.

Solution International Nordics AB's number of shares in issue this year was 44.158. Solution International Nordics AB's number of shares in issue last year was 4.452. ==> 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
=15.237/122.521
=0.12436235

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.878/2.493
=0.75330927

Solution International Nordics AB's gross margin of this year was 0.12436235. Solution International Nordics AB's gross margin of last year was 0.75330927. ==> 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)
=122.521/23.83
=5.14146034

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2.493/21.457
=0.11618586

Solution International Nordics AB's asset turnover of this year was 5.14146034. Solution International Nordics AB's asset turnover of last year was 0.11618586. ==> 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
=0+1+1+1+1+1+0+0+1
=6

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

Solution International Nordics AB has an F-score of 6 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 6 mean?
Solution International Nordics AB (XSAT:SIN) has a Piotroski F-Score of 6 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Solution International Nordics AB and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Solution International Nordics AB's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Solution International Nordics AB ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Solution International Nordics AB's Piotroski F-Score too high?
Solution International Nordics AB's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Solution International Nordics AB's value of 6 is 20% above this industry median. Based on the distribution chart, Solution International Nordics AB ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Solution International Nordics AB has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solution International Nordics AB's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Solution International Nordics AB ranks #510 out of 1909 companies for Piotroski F-Score. This puts Solution International Nordics AB in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Solution International Nordics AB's value of 6 is 20% above this benchmark. Historically, Solution International Nordics AB's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Solution International Nordics AB 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Solution International Nordics AB's current Piotroski F-Score of 6 is 20% 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 Solution International Nordics AB and its competitors. For the Consumer Packaged Goods 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. Solution International Nordics AB's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solution International Nordics AB stock overvalued right now?
Based on GuruFocus' analysis, Solution International Nordics AB (XSAT:SIN) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.30, compared to a current price of kr2.99 — trading 59% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Solution International Nordics AB's overall GF Score™ is 42/100 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 Solution International Nordics AB (XSAT:SIN), the current Piotroski F-Score is 6 as of Jul. 01, 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 Solution International Nordics AB (XSAT:SIN) Overvalued in 2026?

Based on GuruFocus' analysis, Solution International Nordics AB stock appears to be undervalued. The current stock price of kr2.99 is trading 59% below its estimated GF Value™ of kr7.30. GuruFocus considers Solution International Nordics AB to be Possible Value Trap.

Key valuation signals for XSAT:SIN:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: kr7.30 vs. price of kr2.99 (59% below fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1909)

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


Solution International Nordics AB Business Description

Address Fraserfields Way, Unit 15, Ascent Logistics Park South, Leighton Buzzard, Bedfordshire, GBR, LU7 3RH
Solution International Nordics AB is a full-service supplier of consumer products for children, infants and parents. The company supplies baby feeding accessories, bathtime products, Sterilising products, and other child-related items. Geographically, it has presence in the UK and the Netherlands.
42GF Score

Get the complete analysis for XSAT:SIN

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

kr2.99
Price
kr7.30
GF Value