AGRIW (AgriFORCE Growing Systems) Piotroski F-Score: 5 (As of Sep. 09, 2026) — 25% Above Median

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AGRIW AgriFORCE Growing Systems Ltd AGRIW
42 GF Score
Price $0.00
! 6 Warning Signs
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What is AgriFORCE Growing Systems Piotroski F-Score?

AgriFORCE Growing Systems AGRIW 42 Piotroski F-Score is 5 as of Sep. 09, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates AGRIW with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 2,754 Software companies, AgriFORCE Growing Systems ranks better than 61% 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

AgriFORCE Growing Systems 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 AgriFORCE Growing Systems's Piotroski F-Score or its related term are showing as below:

AGRIW' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 5

During the past 8 years, the highest Piotroski F-Score of AgriFORCE Growing Systems was 6. The lowest was 2. And the median was 4.

AgriFORCE Growing Systems  (NAS:AGRIW) 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.


AgriFORCE Growing Systems Piotroski F-Score Related Terms


AgriFORCE Growing Systems Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AgriFORCE Growing Systems'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.

AgriFORCE Growing Systems Piotroski F-Score Chart

AgriFORCE Growing Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 3.00 6.00 2.00 5.00

AgriFORCE Growing Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.00 4.00 5.00 5.00 5.00

AGRIW vs SSGC, EXYN, HUBC: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, AgriFORCE Growing Systems'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.


AgriFORCE Growing Systems Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, AgriFORCE Growing Systems's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where AgriFORCE Growing Systems's Piotroski F-Score falls into.


AGRIW
42GF Score
AgriFORCE Growing Systems Ltd AGRIW
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -8.351 + -16.638 + -46.391 + -35.129 = $-106.51 Mil.
Cash Flow from Operations was -2.377 + -9.012 + -1.349 + -3.722 = $-16.46 Mil.
Revenue was 0.526 + 1.09 + 2.511 + 2.817 = $6.94 Mil.
Gross Profit was 0.26 + 0.388 + 1.271 + 2.025 = $3.94 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(15.243 + 16.51 + 194.965 + 157.09 + 123.199) / 5 = $101.4014 Mil.
Total Assets at the begining of this year (Jun25) was $15.24 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $32.19 Mil.
Total Current Liabilities was $14.92 Mil.
Net Income was -5.847 + -2.868 + -0.145 + -8.061 = $-16.92 Mil.

Revenue was 0 + 0.027 + 0.273 + 0.452 = $0.75 Mil.
Gross Profit was 0 + -0.029 + 0.052 + 0.21 = $0.23 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(15.665 + 10.792 + 10.764 + 16.824 + 15.243) / 5 = $13.8576 Mil.
Total Assets at the begining of last year (Jun24) was $15.67 Mil.
Long-Term Debt & Capital Lease Obligation was $0.04 Mil.
Total Current Assets was $1.40 Mil.
Total Current Liabilities was $11.07 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.

AgriFORCE Growing Systems's current Net Income (TTM) was -106.51. ==> 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.

AgriFORCE Growing Systems's current Cash Flow from Operations (TTM) was -16.46. ==> 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 (Jun25)
=-106.509/15.243
=-6.98740405

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-16.921/15.665
=-1.08017874

AgriFORCE Growing Systems's return on assets of this year was -6.98740405. AgriFORCE Growing Systems's return on assets of last year was -1.08017874. ==> 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.

AgriFORCE Growing Systems's current Net Income (TTM) was -106.51. AgriFORCE Growing Systems's current Cash Flow from Operations (TTM) was -16.46. ==> -16.46 > -106.51 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/101.4014
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.042/13.8576
=0.00303083

AgriFORCE Growing Systems's gearing of this year was 0. AgriFORCE Growing Systems's gearing of last year was 0.00303083. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=32.188/14.924
=2.15679443

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1.401/11.069
=0.1265697

AgriFORCE Growing Systems's current ratio of this year was 2.15679443. AgriFORCE Growing Systems's current ratio of last year was 0.1265697. ==> 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.

AgriFORCE Growing Systems's number of shares in issue this year was 0. AgriFORCE Growing Systems's number of shares in issue last year was 0. ==> 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
=3.944/6.944
=0.56797235

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.233/0.752
=0.30984043

AgriFORCE Growing Systems's gross margin of this year was 0.56797235. AgriFORCE Growing Systems's gross margin of last year was 0.30984043. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=6.944/15.243
=0.45555337

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=0.752/15.665
=0.04800511

AgriFORCE Growing Systems's asset turnover of this year was 0.45555337. AgriFORCE Growing Systems's asset turnover of last year was 0.04800511. ==> 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+0+0+1+1+1+1+1+1
=6

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

AgriFORCE Growing Systems 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 5 mean?
AgriFORCE Growing Systems (AGRIW) has a Piotroski F-Score of 5 as of Sep. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AgriFORCE Growing Systems and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, AgriFORCE Growing Systems' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, AgriFORCE Growing Systems ranks #1074 out of 2754 companies in the Software industry, placing it in the top 39%.
Is AgriFORCE Growing Systems' Piotroski F-Score too high?
AgriFORCE Growing Systems' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. AgriFORCE Growing Systems' value of 5 is 0% at this industry median. Based on the distribution chart, AgriFORCE Growing Systems ranks #1074 out of 2754 companies in the Software industry, which is above the industry midpoint. Overall, AgriFORCE Growing Systems has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does AgriFORCE Growing Systems' Piotroski F-Score compare to SSGC and EXYN?
According to the Software industry distribution chart, AgriFORCE Growing Systems ranks #1074 out of 2754 companies for Piotroski F-Score. This puts AgriFORCE Growing Systems in the upper half of its industry. The industry median Piotroski F-Score is 5.00. AgriFORCE Growing Systems' value of 5 is 0% at this benchmark. Historically, AgriFORCE Growing Systems' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, AgriFORCE Growing Systems 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,754 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. AgriFORCE Growing Systems's current Piotroski F-Score of 5 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 AgriFORCE Growing Systems and its competitors. For the Software 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. AgriFORCE Growing Systems's current Piotroski F-Score is 5, which is 25% above 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 AgriFORCE Growing Systems stock overvalued right now?
AgriFORCE Growing Systems (AGRIW) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Software industry median of 5.00. AgriFORCE Growing Systems' overall GF Score™ is 42/100 with 6 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 AgriFORCE Growing Systems (AGRIW), the current Piotroski F-Score is 5 as of Sep. 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.

AgriFORCE Growing Systems Business Description

Other Exchanges AVX:USA
Address 525 West 8th Avenue, Suite 800, Vancouver, BC, CAN, V5Z 1C6
AVAX One Technology Ltd is a digital infrastructure company focused on digital asset and computing infrastructure. The Company builds modular data centers in regions with access to energy resources, using behind-the-meter generation and microgrid design to provide compute capacity for AI and high-performance computing (HPC) workloads. In addition, the company mines Bitcoin in Alberta and Ohio, operating at a hashrate of approximately 300 PH/s. The Company also maintains an Avalanche digital asset treasury, accumulating AVAX and generating onchain yield through native staking and ecosystem participation.
42GF Score

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

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