AHG (Akso Health Group) Piotroski F-Score: 2 (As of Jun. 26, 2026) — 33% Below Median


AHG Akso Health Group AHG
36 GF Score
Price $1.52
GF Value $0.47
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akso Health Group Piotroski F-Score?

Akso Health Group AHG +10.14% 36 Piotroski F-Score is 2 as of Jun. 26, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates AHG with a GF Score™ of 36/100 and a GF Value™ of $0.47 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 114 Medical Distribution companies, Akso Health Group ranks worse than 95.61% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

Akso Health Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

AHG' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 8
Current: 2

During the past 11 years, the highest Piotroski F-Score of Akso Health Group was 8. The lowest was 1. And the median was 3.

Akso Health Group  (NAS:AHG) 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.


Akso Health Group Piotroski F-Score Related Terms


Akso Health Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Akso Health Group'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.

Akso Health Group Piotroski F-Score Chart

Akso Health Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 4.00 4.00 2.00

Akso Health Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 4.00 0.00 2.00 0.00

AHG vs ACH, EDAP, YI: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Akso Health Group'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.


Akso Health Group Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Akso Health Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Akso Health Group's Piotroski F-Score falls into.


AHG
36GF Score
Akso Health Group AHG
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was $-134.98 Mil.
Cash Flow from Operations was $1.18 Mil.
Revenue was $14.78 Mil.
Gross Profit was $-0.28 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (142.018 + 214.953) / 2 = $178.4855 Mil.
Total Assets at the begining of this year (Mar24) was $142.02 Mil.
Long-Term Debt & Capital Lease Obligation was $0.04 Mil.
Total Current Assets was $196.13 Mil.
Total Current Liabilities was $13.81 Mil.
Net Income was $-9.46 Mil.

Revenue was $2.41 Mil.
Gross Profit was $0.12 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (20.46 + 142.018) / 2 = $81.239 Mil.
Total Assets at the begining of last year (Mar23) was $20.46 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $142.02 Mil.
Total Current Liabilities was $3.59 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.

Akso Health Group's current Net Income (TTM) was -134.98. ==> 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.

Akso Health Group's current Cash Flow from Operations (TTM) was 1.18. ==> 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 (Mar24)
=-134.977/142.018
=-0.95042178

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-9.459/20.46
=-0.46231672

Akso Health Group's return on assets of this year was -0.95042178. Akso Health Group's return on assets of last year was -0.46231672. ==> 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.

Akso Health Group's current Net Income (TTM) was -134.98. Akso Health Group's current Cash Flow from Operations (TTM) was 1.18. ==> 1.18 > -134.98 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.042/178.4855
=0.00023531

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0/81.239
=0

Akso Health Group's gearing of this year was 0.00023531. Akso Health Group's gearing of last year was 0. ==> 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

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=196.125/13.813
=14.19858105

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=142.018/3.594
=39.51530328

Akso Health Group's current ratio of this year was 14.19858105. Akso Health Group's current ratio of last year was 39.51530328. ==> 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.

Akso Health Group's number of shares in issue this year was 285.096. Akso Health Group's number of shares in issue last year was 47.172. ==> 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
=-0.282/14.778
=-0.01908242

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.122/2.414
=0.05053853

Akso Health Group's gross margin of this year was -0.01908242. Akso Health Group's gross margin of last year was 0.05053853. ==> 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 (Mar24)
=14.778/142.018
=0.10405723

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=2.414/20.46
=0.11798631

Akso Health Group's asset turnover of this year was 0.10405723. Akso Health Group's asset turnover of last year was 0.11798631. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+0+0+0+0
=2

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

Akso Health Group has an F-score of 2. 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 2 mean?
Akso Health Group (AHG) has a Piotroski F-Score of 2 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Akso Health Group and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Akso Health Group's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Akso Health Group ranks #109 out of 114 companies in the Medical Distribution industry, placing it in the top 95.6%.
Is Akso Health Group's Piotroski F-Score too high?
Akso Health Group's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Akso Health Group's value of 2 is 60% below this industry median. Based on the distribution chart, Akso Health Group ranks #109 out of 114 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, Akso Health Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akso Health Group's Piotroski F-Score compare to ACH and EDAP?
According to the Medical Distribution industry distribution chart, Akso Health Group ranks #109 out of 114 companies for Piotroski F-Score. This places Akso Health Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Akso Health Group's value of 2 is 60% below this benchmark. Historically, Akso Health Group's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Akso Health Group 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 Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 114 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. Akso Health Group's current Piotroski F-Score of 2 is 60% 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 Akso Health Group and its competitors. For the Medical Distribution 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. Akso Health Group's current Piotroski F-Score is 2, which is 33% below 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 Akso Health Group stock overvalued right now?
Based on GuruFocus' analysis, Akso Health Group (AHG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.47, compared to a current price of $1.52 — trading 223.4% above its estimated fair value. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Medical Distribution industry median of 5.00. Akso Health Group's overall GF Score™ is 36/100 with 2 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 Akso Health Group (AHG), the current Piotroski F-Score is 2 as of Jun. 26, 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 Akso Health Group (AHG) Overvalued in 2026?

Based on GuruFocus' analysis, Akso Health Group stock appears to be overvalued. The current stock price of $1.52 is trading 223.4% above its estimated GF Value™ of $0.47. GuruFocus considers Akso Health Group to be Significantly Overvalued.

Key valuation signals for AHG:

  • Piotroski F-Score: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: $0.47 vs. price of $1.52 (223.4% above fair value)
  • GF Score™: 36/100 with 2 warning signs
  • Industry Position: 60% below the Medical Distribution median (#109 of 114)

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


Akso Health Group Business Description

Address No. 44, Moscow Road, Qianwan Bonded Port Area, Room 8201-4-4(A), 2nd Floor, Qiantongyuan Building, Qingdao Pilot Free Trade Zone, Shandong, CHN
Akso Health Group is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It generates majority of the revenues from sale of medical devices business.
36GF Score

Get the complete analysis for AHG

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

$1.52
Price
$0.47
GF Value