ALP (Alpha Compute) Piotroski F-Score: 2 (As of Jun. 24, 2026) — 33% Below Median


ALP Alpha Compute Corp ALP
29 GF Score
Price $0.25
! 1 Warning Sign
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What is Alpha Compute Piotroski F-Score?

Alpha Compute ALP -13.11% 29 Piotroski F-Score is 2 as of Jun. 24, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates ALP with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,601 Asset Management companies, Alpha Compute ranks worse than 90.88% 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

Alpha Compute 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 Alpha Compute's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of Alpha Compute was 3. The lowest was 1. And the median was 3.

Alpha Compute  (NAS:ALP) 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.


Alpha Compute Piotroski F-Score Related Terms


Alpha Compute Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Alpha Compute'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.

Alpha Compute Piotroski F-Score Chart

Alpha Compute 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 2.00 1.00 2.00

Alpha Compute 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 1.00 1.00 3.00 2.00 2.00

ALP vs CWD, ZSTK, PIAC: Piotroski F-Score Comparison

For the Asset Management subindustry, Alpha Compute'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.


Alpha Compute Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Compute's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Alpha Compute's Piotroski F-Score falls into.


ALP
29GF Score
Alpha Compute Corp ALP
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was $-6.77 Mil.
Cash Flow from Operations was $-5.46 Mil.
Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (7.779 + 2.225) / 2 = $5.002 Mil.
Total Assets at the begining of this year (Mar24) was $7.78 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $2.23 Mil.
Total Current Liabilities was $1.10 Mil.
Net Income was $-75.34 Mil.

Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (99.129 + 7.779) / 2 = $53.454 Mil.
Total Assets at the begining of last year (Mar23) was $99.13 Mil.
Long-Term Debt & Capital Lease Obligation was $0.01 Mil.
Total Current Assets was $7.70 Mil.
Total Current Liabilities was $2.88 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.

Alpha Compute's current Net Income (TTM) was -6.77. ==> 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.

Alpha Compute's current Cash Flow from Operations (TTM) was -5.46. ==> 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 (Mar24)
=-6.767/7.779
=-0.86990616

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-75.339/99.129
=-0.76000968

Alpha Compute's return on assets of this year was -0.86990616. Alpha Compute's return on assets of last year was -0.76000968. ==> 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.

Alpha Compute's current Net Income (TTM) was -6.77. Alpha Compute's current Cash Flow from Operations (TTM) was -5.46. ==> -5.46 > -6.77 ==> 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
=0/5.002
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.007/53.454
=0.00013095

Alpha Compute's gearing of this year was 0. Alpha Compute's gearing of last year was 0.00013095. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=2.225/1.1
=2.02272727

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=7.695/2.879
=2.67280306

Alpha Compute's current ratio of this year was 2.02272727. Alpha Compute's current ratio of last year was 2.67280306. ==> 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.

Alpha Compute's number of shares in issue this year was 1.183. Alpha Compute's number of shares in issue last year was 0.968. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Alpha Compute's gross margin of this year was . Alpha Compute's gross margin of last year was . ==> 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)
=0/7.779
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=0/99.129
=0

Alpha Compute's asset turnover of this year was 0. Alpha Compute's asset turnover of last year was 0. ==> 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+0+0+1+1+0+0+0+0
=2

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

Alpha Compute 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?
Alpha Compute (ALP) has a Piotroski F-Score of 2 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Alpha Compute and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Alpha Compute's Piotroski F-Score has ranged from 1.00 to 3.00. According to the industry distribution chart, Alpha Compute ranks #1455 out of 1601 companies in the Asset Management industry, placing it in the top 90.9%.
Is Alpha Compute's Piotroski F-Score too high?
Alpha Compute'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 3.00. The Asset Management industry median Piotroski F-Score is 5.00. Alpha Compute's value of 2 is 60% below this industry median. Based on the distribution chart, Alpha Compute ranks #1455 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Alpha Compute has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Compute's Piotroski F-Score compare to CWD and ZSTK?
According to the Asset Management industry distribution chart, Alpha Compute ranks #1455 out of 1601 companies for Piotroski F-Score. This places Alpha Compute in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Alpha Compute's value of 2 is 60% below this benchmark. Historically, Alpha Compute's own Piotroski F-Score has ranged from 1.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Alpha Compute 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,601 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. Alpha Compute'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 Alpha Compute and its competitors. For the Asset Management 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. Alpha Compute'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 Alpha Compute stock overvalued right now?
Alpha Compute (ALP) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Asset Management industry median of 5.00. Alpha Compute's overall GF Score™ is 29/100 with 1 warning sign 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 Alpha Compute (ALP), the current Piotroski F-Score is 2 as of Jun. 24, 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.

Alpha Compute Business Description

Address Clarence Thomas Building, P.O. Box 4649, Tortola, Road Town, VGB, VG1110
Alpha Compute Corp owns and operates AI infrastructure powered by confidential compute and hardware-level encryption. Alpha Compute's GPU assets deliver privacy-preserving computation to partners and applications including Telegram, Animoca Brands, and Midnight Network.
29GF 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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