Appia Rare Earths & UraniumAPAAF +4.72%25 Piotroski F-Score is 4 as of Jun. 25, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates APAAF with a GF Score™ of 25/100. Among 174 Other Energy Sources companies, Appia Rare Earths & Uranium ranks better than 62.64% 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
Appia Rare Earths & Uranium has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Appia Rare Earths & Uranium's Piotroski F-Score or its related term are showing as below:
APAAF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 5
Current: 4
During the past 13 years, the highest Piotroski F-Score of Appia Rare Earths & Uranium was 5. The lowest was 2. And the median was 3.
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.
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.
Appia Rare Earths & Uranium Piotroski F-Score Related Terms
Appia Rare Earths & Uranium Piotroski F-Score Historical Data
* 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.
For the Uranium subindustry, Appia Rare Earths & Uranium'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.
Appia Rare Earths & Uranium Piotroski F-Score vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Appia Rare Earths & Uranium's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Appia Rare Earths & Uranium's Piotroski F-Score falls into.
* 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.
*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.
Appia Rare Earths & Uranium's current Net Income (TTM) was 0.15.
==> 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.
Appia Rare Earths & Uranium's current Cash Flow from Operations (TTM) was -0.40.
==> 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.
Appia Rare Earths & Uranium's return on assets of this year was 0.00708908. Appia Rare Earths & Uranium's return on assets of last year was -0.02728256.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Appia Rare Earths & Uranium's gearing of this year was 0. Appia Rare Earths & Uranium'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
Appia Rare Earths & Uranium's current ratio of this year was 8.07170543. Appia Rare Earths & Uranium's current ratio of last year was 0.828125.
==> 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.
Appia Rare Earths & Uranium's number of shares in issue this year was 212.077. Appia Rare Earths & Uranium's number of shares in issue last year was 152.985.
==> 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.
Appia Rare Earths & Uranium's gross margin of this year was . Appia Rare Earths & Uranium'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
Appia Rare Earths & Uranium's asset turnover of this year was 0. Appia Rare Earths & Uranium'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
=
1
+
0
+
1
+
0
+
1
+
1
+
0
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Appia Rare Earths & Uranium has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Appia Rare Earths & Uranium (APAAF) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Appia Rare Earths & Uranium and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Appia Rare Earths & Uranium's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Appia Rare Earths & Uranium ranks #65 out of 174 companies in the Other Energy Sources industry, placing it in the top 37.4%.
Is Appia Rare Earths & Uranium's Piotroski F-Score too high?
Appia Rare Earths & Uranium's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. Appia Rare Earths & Uranium's value of 4 is 0% at this industry median. Based on the distribution chart, Appia Rare Earths & Uranium ranks #65 out of 174 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Appia Rare Earths & Uranium has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Appia Rare Earths & Uranium's Piotroski F-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Appia Rare Earths & Uranium ranks #65 out of 174 companies for Piotroski F-Score. This puts Appia Rare Earths & Uranium in the upper half of its industry. The industry median Piotroski F-Score is 4.00. Appia Rare Earths & Uranium's value of 4 is 0% at this benchmark. Historically, Appia Rare Earths & Uranium's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 4.00, Appia Rare Earths & Uranium 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 an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 174 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. Appia Rare Earths & Uranium's current Piotroski F-Score of 4 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 Appia Rare Earths & Uranium and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appia Rare Earths & Uranium's current Piotroski F-Score is 4, which is 33% above 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 Appia Rare Earths & Uranium stock overvalued right now?
Appia Rare Earths & Uranium (APAAF) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 0% at the Other Energy Sources industry median of 4.00. Appia Rare Earths & Uranium's overall GF Score™ is 25/100. 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 Appia Rare Earths & Uranium (APAAF), the current Piotroski F-Score is 4 as of Jun. 25, 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.
Appia Rare Earths & Uranium Corp is a developer of a critical mineral exploration business designed to capitalize on the growing demand for rare earth elements and uranium. The company offers a diverse portfolio of projects in mining-friendly regions, enabling investors to participate in the transition to a greener environment, with potential growth in key industries such as electric vehicles and renewable energy. Its projects are the Alces Lake Saskatchewan Project, the Athabasca Basin Uranium & REE Projects, and the Elliot Lake Uranium & REE Project.
25GF Score
Get the complete analysis for APAAF
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
APAAF has been successfully added to your 
