1414 Degrees (ASX:14D) Piotroski F-Score: 3 (As of Jun. 26, 2026) — 50% Above Median


What is 1414 Degrees Piotroski F-Score?

1414 Degrees ASX:14D -1.03% Piotroski F-Score is 3 as of Jun. 26, 2026, which is 50% above its 10-year median of 2.00. The stock has 2 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, 1414 Degrees ranks worse than 81.43% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

1414 Degrees has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for 1414 Degrees's Piotroski F-Score or its related term are showing as below:

ASX:14D' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 2   Max: 4
Current: 3

During the past 8 years, the highest Piotroski F-Score of 1414 Degrees was 4. The lowest was 1. And the median was 2.

1414 Degrees  (ASX:14D) 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.


1414 Degrees Piotroski F-Score Related Terms


1414 Degrees Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for 1414 Degrees'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.

1414 Degrees Piotroski F-Score Chart

1414 Degrees Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial 2.00 4.00 1.00 1.00 3.00

1414 Degrees Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 1.00 0.00 3.00 0.00

ASX:14D vs CEG, VST, NRG: Piotroski F-Score Comparison

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.


1414 Degrees Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's Piotroski F-Score falls into.


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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was A$-3.34 Mil.
Cash Flow from Operations was A$-2.48 Mil.
Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (9.392 + 8.397) / 2 = A$8.8945 Mil.
Total Assets at the begining of this year (Jun24) was A$9.39 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.56 Mil.
Total Current Assets was A$6.05 Mil.
Total Current Liabilities was A$1.05 Mil.
Net Income was A$-2.51 Mil.

Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (9.727 + 9.392) / 2 = A$9.5595 Mil.
Total Assets at the begining of last year (Jun23) was A$9.73 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.71 Mil.
Total Current Assets was A$4.67 Mil.
Total Current Liabilities was A$1.10 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.

1414 Degrees's current Net Income (TTM) was -3.34. ==> 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.

1414 Degrees's current Cash Flow from Operations (TTM) was -2.48. ==> 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 (Jun24)
=-3.34/9.392
=-0.35562181

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-2.506/9.727
=-0.25763339

1414 Degrees's return on assets of this year was -0.35562181. 1414 Degrees's return on assets of last year was -0.25763339. ==> 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.

1414 Degrees's current Net Income (TTM) was -3.34. 1414 Degrees's current Cash Flow from Operations (TTM) was -2.48. ==> -2.48 > -3.34 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.556/8.8945
=0.06251054

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0.705/9.5595
=0.07374863

1414 Degrees's gearing of this year was 0.06251054. 1414 Degrees's gearing of last year was 0.07374863. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=6.045/1.05
=5.75714286

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=4.674/1.097
=4.26071103

1414 Degrees's current ratio of this year was 5.75714286. 1414 Degrees's current ratio of last year was 4.26071103. ==> 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.

1414 Degrees's number of shares in issue this year was 272.605. 1414 Degrees's number of shares in issue last year was 233.614. ==> 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
=

1414 Degrees's gross margin of this year was . 1414 Degrees'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 (Jun24)
=0/9.392
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/9.727
=0

1414 Degrees's asset turnover of this year was 0. 1414 Degrees'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+1+0+0+0
=3

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

1414 Degrees has an F-score of 3. 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 3 mean?
1414 Degrees (ASX:14D) has a Piotroski F-Score of 3 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on 1414 Degrees and its competitors. This is 50% above median its historical median of 2.00. Over the past decade, 1414 Degrees' Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, 1414 Degrees ranks #342 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.4%.
Is 1414 Degrees' Piotroski F-Score too high?
1414 Degrees' current Piotroski F-Score of 3 is 50% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. 1414 Degrees' value of 3 is 40% below this industry median. Based on the distribution chart, 1414 Degrees ranks #342 out of 420 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers.
How does 1414 Degrees' Piotroski F-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, 1414 Degrees ranks #342 out of 420 companies for Piotroski F-Score. This places 1414 Degrees in the lower half of its industry. The industry median Piotroski F-Score is 5.00. 1414 Degrees' value of 3 is 40% below this benchmark. Historically, 1414 Degrees' own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.00, 1414 Degrees 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 Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 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. 1414 Degrees's current Piotroski F-Score of 3 is 40% 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 1414 Degrees and its competitors. For the Utilities - Independent Power Producers 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. 1414 Degrees's current Piotroski F-Score is 3, which is 50% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1414 Degrees stock overvalued right now?
1414 Degrees (ASX:14D) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 50% above median its 10-year median of 2.00 and 40% below the Utilities - Independent Power Producers industry median of 5.00. 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 1414 Degrees (ASX:14D), the current Piotroski F-Score is 3 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.

1414 Degrees Business Description

Address 1 Watts Road, Western Plant, Door 1, Tonsley, Adelaide, SA, AUS, 5042
1414 Degrees Ltd is engaged in developing and commercializing its silicon-based thermal energy storage technology, SiBrick to provide industrial high-temperature heat from low-cost electricity and biogas. Its other products include the SiBox thermal energy storage system which uses SiBrick technology to store renewable electricity as latent heat; and SiPHyR, an integration between a fluid reactor technology and SiBrick to produce hydrogen and solid carbon. The company is also engaged in developing its Aurora Renewable Energy Precinct, a planned renewable energy park to produce, store, and deliver electricity.