ARB IOT GroupARBB +0.11%50 Piotroski F-Score is 6 as of Jun. 24, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates ARBB with a GF Score™ of 50/100 and a GF Value™ of $43.24 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,739 Software companies, ARB IOT Group ranks better than 78.82% 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
ARB IOT Group 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 ARB IOT Group's Piotroski F-Score or its related term are showing as below:
ARBB'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 4 Max: 6
Current: 6
During the past 5 years, the highest Piotroski F-Score of ARB IOT Group was 6. The lowest was 4. And the median was 4.
ARB IOT Group (NAS:ARBB) 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.
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.
ARB IOT Group Piotroski F-Score Related Terms
ARB IOT Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for ARB IOT 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.
ARBB vs CRCW, GMM, SUIC: Piotroski F-Score Comparison
For the Information Technology Services subindustry, ARB IOT 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.
ARB IOT Group Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, ARB IOT Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where ARB IOT Group'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.
ARB IOT Group's current Net Income (TTM) was -16.84.
==> 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.
ARB IOT Group's return on assets of this year was -0.29060036. ARB IOT Group's return on assets of last year was -0.13665563.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
ARB IOT Group's gearing of this year was 0. ARB IOT Group's gearing of last year was 2.789E-5.
==> 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
ARB IOT Group's current ratio of this year was 7.64338395. ARB IOT Group's current ratio of last year was 44.5578635.
==> 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.
ARB IOT Group's number of shares in issue this year was 1.765. ARB IOT Group's number of shares in issue last year was 1.765.
==> 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.
ARB IOT Group's gross margin of this year was -0.04128007. ARB IOT Group's gross margin of last year was -0.34949413.
==> 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
ARB IOT Group's asset turnover of this year was 0.80346512. ARB IOT Group's asset turnover of last year was 0.14456548.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
ARB IOT Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
ARB IOT Group (ARBB) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ARB IOT Group and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, ARB IOT Group's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, ARB IOT Group ranks #580 out of 2739 companies in the Software industry, placing it in the top 21.2%.
Is ARB IOT Group's Piotroski F-Score too high?
ARB IOT Group's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. ARB IOT Group's value of 6 is 20% above this industry median. Based on the distribution chart, ARB IOT Group ranks #580 out of 2739 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ARB IOT Group has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ARB IOT Group's Piotroski F-Score compare to CRCW and GMM?
According to the Software industry distribution chart, ARB IOT Group ranks #580 out of 2739 companies for Piotroski F-Score. This places ARB IOT Group in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ARB IOT Group's value of 6 is 20% above this benchmark. Historically, ARB IOT Group's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, ARB IOT Group 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,739 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. ARB IOT Group'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 ARB IOT Group 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. ARB IOT Group's current Piotroski F-Score is 6, which is 50% 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 ARB IOT Group stock overvalued right now?
Based on GuruFocus' analysis, ARB IOT Group (ARBB) is currently considered Possible Value Trap. The stock's GF Value™ is $43.24, compared to a current price of $4.70 — trading 89.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Software industry median of 5.00. ARB IOT Group's overall GF Score™ is 50/100 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 ARB IOT Group (ARBB), the current Piotroski F-Score is 6 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.
Is ARB IOT Group (ARBB) Overvalued in 2026?
Based on GuruFocus' analysis, ARB IOT Group stock appears to be undervalued.
The current stock price of $4.70 is trading 89.1% below its estimated GF Value™ of $43.24.
GuruFocus considers ARB IOT Group to be Possible Value Trap.
Key valuation signals for ARBB:
Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
GF Value™: $43.24 vs. price of $4.70 (89.1% below fair value)
Industry Position: 20% above the Software median (#580 of 2739)
No single metric tells the full story. See the ARBB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ARB IOT Group Ltd is a provider of complete solutions to the clients for the integration of Internet of Things (IoT) systems and devices from designing to project deployment. The company offers a wide range of IoT systems as well as provides customers with a substantial range of services such as system integration and system support services. It delivers solutions like designing, installation, testing and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company operates in two reportable segments: (i) the provision of hardware and software of IoT solutions and (ii) Investment holding and others. The majority of revenue is generated from the IoT solutions segment.
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