Academies Australasia Group (ASX:AKG) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 20% Above Median


What is Academies Australasia Group Piotroski F-Score?

Academies Australasia Group ASX:AKG Piotroski F-Score is 6 as of Jun. 28, 2026, which is 20% above its 10-year median of 5.00. The stock has 4 warning signs investors should review. Among 254 Education companies, Academies Australasia Group ranks better than 67.32% 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

Academies Australasia 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 Academies Australasia Group's Piotroski F-Score or its related term are showing as below:

ASX:AKG' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Academies Australasia Group was 7. The lowest was 3. And the median was 5.

Academies Australasia Group  (ASX:AKG) 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.


Academies Australasia Group Piotroski F-Score Related Terms


Academies Australasia Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Academies Australasia 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.

Academies Australasia Group Piotroski F-Score Chart

Academies Australasia Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 3.00 4.00 6.00

Academies Australasia Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.00 4.00 0.00 6.00 0.00

ASX:AKG vs EDU, TAL, GHC: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Academies Australasia 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.


Academies Australasia Group Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Academies Australasia Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Academies Australasia Group'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$-1.27 Mil.
Cash Flow from Operations was A$3.82 Mil.
Revenue was A$47.03 Mil.
Gross Profit was A$47.03 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (87.983 + 73.771) / 2 = A$80.877 Mil.
Total Assets at the begining of this year (Jun24) was A$87.98 Mil.
Long-Term Debt & Capital Lease Obligation was A$27.75 Mil.
Total Current Assets was A$6.86 Mil.
Total Current Liabilities was A$29.47 Mil.
Net Income was A$-9.78 Mil.

Revenue was A$46.37 Mil.
Gross Profit was A$46.37 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (99.623 + 87.983) / 2 = A$93.803 Mil.
Total Assets at the begining of last year (Jun23) was A$99.62 Mil.
Long-Term Debt & Capital Lease Obligation was A$34.15 Mil.
Total Current Assets was A$11.84 Mil.
Total Current Liabilities was A$35.36 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.

Academies Australasia Group's current Net Income (TTM) was -1.27. ==> 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.

Academies Australasia Group's current Cash Flow from Operations (TTM) was 3.82. ==> Positive ==> Score 1.

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)
=-1.272/87.983
=-0.01445734

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-9.779/99.623
=-0.09816006

Academies Australasia Group's return on assets of this year was -0.01445734. Academies Australasia Group's return on assets of last year was -0.09816006. ==> This year is higher. ==> Score 1.

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.

Academies Australasia Group's current Net Income (TTM) was -1.27. Academies Australasia Group's current Cash Flow from Operations (TTM) was 3.82. ==> 3.82 > -1.27 ==> 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
=27.747/80.877
=0.34307652

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=34.153/93.803
=0.36409283

Academies Australasia Group's gearing of this year was 0.34307652. Academies Australasia Group's gearing of last year was 0.36409283. ==> 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
=6.863/29.472
=0.23286509

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=11.841/35.358
=0.33488885

Academies Australasia Group's current ratio of this year was 0.23286509. Academies Australasia Group's current ratio of last year was 0.33488885. ==> 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.

Academies Australasia Group's number of shares in issue this year was 132.614. Academies Australasia Group's number of shares in issue last year was 132.614. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=47.03/47.03
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=46.371/46.371
=1

Academies Australasia Group's gross margin of this year was 1. Academies Australasia 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=47.03/87.983
=0.53453508

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=46.371/99.623
=0.4654648

Academies Australasia Group's asset turnover of this year was 0.53453508. Academies Australasia Group's asset turnover of last year was 0.4654648. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+1+0+1+0+1
=6

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

Academies Australasia Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Academies Australasia Group (ASX:AKG) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Academies Australasia Group and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Academies Australasia Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Academies Australasia Group ranks #83 out of 254 companies in the Education industry, placing it in the top 32.7%.
Is Academies Australasia Group's Piotroski F-Score too high?
Academies Australasia Group's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Education industry median Piotroski F-Score is 5.00. Academies Australasia Group's value of 6 is 20% above this industry median. Based on the distribution chart, Academies Australasia Group ranks #83 out of 254 companies in the Education industry, which is above the industry midpoint.
How does Academies Australasia Group's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Academies Australasia Group ranks #83 out of 254 companies for Piotroski F-Score. This puts Academies Australasia Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Academies Australasia Group's value of 6 is 20% above this benchmark. Historically, Academies Australasia Group's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Academies Australasia 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 254 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. Academies Australasia 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 Academies Australasia Group and its competitors. For the Education 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. Academies Australasia Group's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Academies Australasia Group stock overvalued right now?
Based on GuruFocus' analysis, Academies Australasia Group (ASX:AKG) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.17, compared to a current price of A$0.07 — trading 56.5% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Education 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 Academies Australasia Group (ASX:AKG), the current Piotroski F-Score is 6 as of Jun. 28, 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.

Academies Australasia Group Business Description

Address 505 George Street, Level 6, Sydney, NSW, AUS, 2000
Academies Australasia Group Ltd is engaged in the provision of training and education services. It offers the English language, Senior High School, Singapore government school preparatory certificate, diploma, and bachelor and master degree courses. The company has only one operating segment: Education. Its geographical segments are Australia and Singapore. The company generates maximum revenue from Australia.