Aland Equity GroupASX:AEG -2.78% Piotroski F-Score is 2 as of Jun. 26, 2026, which is at its 10-year median of 2.00. The stock has 6 warning signs investors should review. Among 782 Capital Markets companies, Aland Equity Group ranks worse than 90.92% 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
Aland Equity 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 Aland Equity Group's Piotroski F-Score or its related term are showing as below:
ASX:AEG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 2 Max: 2
Current: 2
During the past 5 years, the highest Piotroski F-Score of Aland Equity Group was 2. The lowest was 2. And the median was 2.
Aland Equity Group (ASX:AEG) 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.
Aland Equity Group Piotroski F-Score Related Terms
Aland Equity Group Piotroski F-Score Historical Data
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The historical data trend for Aland Equity 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.
ASX:AEG vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, Aland Equity 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.
Aland Equity Group Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Aland Equity Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aland Equity 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.
Aland Equity Group's current Net Income (TTM) was -1.67.
==> 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.
Aland Equity Group's return on assets of this year was -0.79069767. Aland Equity Group's return on assets of last year was -0.75107801.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aland Equity Group's gearing of this year was 0.89280245. Aland Equity Group's gearing of last year was 0.94675827.
==> 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
Aland Equity Group's current ratio of this year was 0.50317662. Aland Equity Group's current ratio of last year was 0.77378965.
==> 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.
Aland Equity Group's number of shares in issue this year was 161.317. Aland Equity Group's number of shares in issue last year was 124.217.
==> 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.
Aland Equity Group's gross margin of this year was 1. Aland Equity Group's gross margin of last year was 1.
==> 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
Aland Equity Group's asset turnover of this year was 0.54627432. Aland Equity Group's asset turnover of last year was 0.41356331.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aland Equity Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Aland Equity Group (ASX:AEG) 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 Aland Equity Group and its competitors. This is near median its historical median of 2.00. Over the past decade, Aland Equity Group's Piotroski F-Score has ranged from 2.00 to 2.00. According to the industry distribution chart, Aland Equity Group ranks #711 out of 782 companies in the Capital Markets industry, placing it in the top 90.9%.
Is Aland Equity Group's Piotroski F-Score too high?
Aland Equity Group's current Piotroski F-Score of 2 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 2.00. The Capital Markets industry median Piotroski F-Score is 5.00. Aland Equity Group's value of 2 is 60% below this industry median. Based on the distribution chart, Aland Equity Group ranks #711 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Aland Equity Group's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Aland Equity Group ranks #711 out of 782 companies for Piotroski F-Score. This places Aland Equity Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Aland Equity Group's value of 2 is 60% below this benchmark. Historically, Aland Equity Group's own Piotroski F-Score has ranged from 2.00 to 2.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.00, Aland Equity 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 782 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. Aland Equity 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 Aland Equity Group and its competitors. For the Capital Markets 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. Aland Equity Group's current Piotroski F-Score is 2, which is near 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 Aland Equity Group stock overvalued right now?
Based on GuruFocus' analysis, Aland Equity Group (ASX:AEG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.07 — trading 250% above its estimated fair value. The current Piotroski F-Score is 2, which is near median its 10-year median of 2.00 and 60% below the Capital Markets 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 Aland Equity Group (ASX:AEG), 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.
Aland Equity Group Ltd is an Australian financial services company operating a diversified funds management business, with an emerging focus on property.
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