Albion Resources (ASX:ALB) Piotroski F-Score: 2 (As of Jun. 27, 2026) — 50% Below Median


What is Albion Resources Piotroski F-Score?

Albion Resources ASX:ALB Piotroski F-Score is 2 as of Jun. 27, 2026, which is 50% below its 10-year median of 4.00. The stock has 1 warning sign investors should review. Among 2,512 Metals & Mining companies, Albion Resources ranks worse than 73.89% 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

Albion Resources 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 Albion Resources's Piotroski F-Score or its related term are showing as below:

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

During the past 5 years, the highest Piotroski F-Score of Albion Resources was 4. The lowest was 2. And the median was 4.

Albion Resources  (ASX:ALB) 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.


Albion Resources Piotroski F-Score Related Terms


Albion Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Albion Resources'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.

Albion Resources Piotroski F-Score Chart

Albion Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 4.00 4.00 2.00

Albion Resources Semi-Annual Data
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 0.00 4.00 0.00 2.00 0.00

Albion Resources Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Albion Resources'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.


Albion Resources Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Albion Resources's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Albion Resources'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$-2.65 Mil.
Cash Flow from Operations was A$-1.17 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 (2.688 + 3.514) / 2 = A$3.101 Mil.
Total Assets at the begining of this year (Jun24) was A$2.69 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$3.51 Mil.
Total Current Liabilities was A$0.31 Mil.
Net Income was A$-0.65 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 (3.274 + 2.688) / 2 = A$2.981 Mil.
Total Assets at the begining of last year (Jun23) was A$3.27 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$2.69 Mil.
Total Current Liabilities was A$0.04 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.

Albion Resources's current Net Income (TTM) was -2.65. ==> 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.

Albion Resources's current Cash Flow from Operations (TTM) was -1.17. ==> 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)
=-2.649/2.688
=-0.98549107

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-0.652/3.274
=-0.19914478

Albion Resources's return on assets of this year was -0.98549107. Albion Resources's return on assets of last year was -0.19914478. ==> 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.

Albion Resources's current Net Income (TTM) was -2.65. Albion Resources's current Cash Flow from Operations (TTM) was -1.17. ==> -1.17 > -2.65 ==> 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
=0/3.101
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/2.981
=0

Albion Resources's gearing of this year was 0. Albion Resources'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

Current Ratio (This Year: Jun25)=Total Current Assets/Total Current Liabilities
=3.514/0.311
=11.29903537

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=2.688/0.039
=68.92307692

Albion Resources's current ratio of this year was 11.29903537. Albion Resources's current ratio of last year was 68.92307692. ==> 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.

Albion Resources's number of shares in issue this year was 95.309. Albion Resources's number of shares in issue last year was 65.267. ==> 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
=

Albion Resources's gross margin of this year was . Albion Resources'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)
=0/2.688
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/3.274
=0

Albion Resources's asset turnover of this year was 0. Albion Resources'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+0+0+0+0
=2

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

Albion Resources has an F-score of 2. 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 2 mean?
Albion Resources (ASX:ALB) has a Piotroski F-Score of 2 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Albion Resources and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Albion Resources' Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Albion Resources ranks #1856 out of 2512 companies in the Metals & Mining industry, placing it in the top 73.9%.
Is Albion Resources' Piotroski F-Score too high?
Albion Resources' current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Albion Resources' value of 2 is 33.3% below this industry median. Based on the distribution chart, Albion Resources ranks #1856 out of 2512 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Albion Resources' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Albion Resources ranks #1856 out of 2512 companies for Piotroski F-Score. This places Albion Resources in the lower half of its industry. The industry median Piotroski F-Score is 3.00. Albion Resources' value of 2 is 33.3% below this benchmark. Historically, Albion Resources' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Albion Resources 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 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. Albion Resources's current Piotroski F-Score of 2 is 33.3% 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 Albion Resources and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Albion Resources's current Piotroski F-Score is 2, which is 50% below 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 Albion Resources stock overvalued right now?
Albion Resources (ASX:ALB) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 33.3% below the Metals & Mining industry median of 3.00. 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 Albion Resources (ASX:ALB), the current Piotroski F-Score is 2 as of Jun. 27, 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.

Albion Resources Business Description

Address 216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Albion Resources Ltd is a mineral exploration company. It has two operating segments: Development assets and Exploration and evaluation assets. It has built a diverse portfolio of exploration projects in Western Australia. It is focused on the exploration for zinc, gold, nickel, and other metals. Its projects are the Lennard Shelf Project, Mongers Lake Project, Yandal West Project, and Leinster Project. It earns revenue from the Evaluation and exploration segment.