Arcadia Minerals (ASX:AM7) Piotroski F-Score: 3 (As of Jun. 26, 2026) — Near Median


What is Arcadia Minerals Piotroski F-Score?

Arcadia Minerals ASX:AM7 Piotroski F-Score is 3 as of Jun. 26, 2026, which is at its 10-year median of 3.00. The stock has 1 warning sign investors should review. Among 2,512 Metals & Mining companies, Arcadia Minerals ranks better than 59% 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

Arcadia Minerals 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 Arcadia Minerals's Piotroski F-Score or its related term are showing as below:

ASX:AM7' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 3
Current: 3

During the past 4 years, the highest Piotroski F-Score of Arcadia Minerals was 3. The lowest was 3. And the median was 3.

Arcadia Minerals  (ASX:AM7) 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.


Arcadia Minerals Piotroski F-Score Related Terms


Arcadia Minerals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Arcadia Minerals'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.

Arcadia Minerals Piotroski F-Score Chart

Arcadia Minerals Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 3.00 3.00

Arcadia Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 0.00 3.00 0.00 3.00 0.00

Arcadia Minerals Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Arcadia Minerals'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.


Arcadia Minerals Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where Arcadia Minerals'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$-0.73 Mil.
Cash Flow from Operations was A$-0.42 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 (12.531 + 12.179) / 2 = A$12.355 Mil.
Total Assets at the begining of this year (Jun24) was A$12.53 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$0.05 Mil.
Total Current Liabilities was A$0.68 Mil.
Net Income was A$-1.25 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 (12.332 + 12.531) / 2 = A$12.4315 Mil.
Total Assets at the begining of last year (Jun23) was A$12.33 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$0.40 Mil.
Total Current Liabilities was A$0.16 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.

Arcadia Minerals's current Net Income (TTM) was -0.73. ==> 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.

Arcadia Minerals's current Cash Flow from Operations (TTM) was -0.42. ==> 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)
=-0.734/12.531
=-0.05857473

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-1.254/12.332
=-0.10168667

Arcadia Minerals's return on assets of this year was -0.05857473. Arcadia Minerals's return on assets of last year was -0.10168667. ==> 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.

Arcadia Minerals's current Net Income (TTM) was -0.73. Arcadia Minerals's current Cash Flow from Operations (TTM) was -0.42. ==> -0.42 > -0.73 ==> 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
=0/12.355
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/12.4315
=0

Arcadia Minerals's gearing of this year was 0. Arcadia Minerals'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
=0.049/0.676
=0.07248521

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=0.398/0.16
=2.4875

Arcadia Minerals's current ratio of this year was 0.07248521. Arcadia Minerals's current ratio of last year was 2.4875. ==> 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.

Arcadia Minerals's number of shares in issue this year was 117.225. Arcadia Minerals's number of shares in issue last year was 107.293. ==> 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
=

Arcadia Minerals's gross margin of this year was . Arcadia Minerals'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)
=0/12.531
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/12.332
=0

Arcadia Minerals's asset turnover of this year was 0. Arcadia Minerals'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+1+1+1+0+0+0+0
=3

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

Arcadia Minerals 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?
Arcadia Minerals (ASX:AM7) 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 Arcadia Minerals and its competitors. This is near median its historical median of 3.00. Over the past decade, Arcadia Minerals' Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Arcadia Minerals ranks #1030 out of 2512 companies in the Metals & Mining industry, placing it in the top 41%.
Is Arcadia Minerals' Piotroski F-Score too high?
Arcadia Minerals' current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 3.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Arcadia Minerals' value of 3 is 0% at this industry median. Based on the distribution chart, Arcadia Minerals ranks #1030 out of 2512 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Arcadia Minerals' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Arcadia Minerals ranks #1030 out of 2512 companies for Piotroski F-Score. This puts Arcadia Minerals in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Arcadia Minerals' value of 3 is 0% at this benchmark. Historically, Arcadia Minerals' own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Arcadia Minerals has consistently been at 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. Arcadia Minerals's current Piotroski F-Score of 3 is 0% at 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 Arcadia Minerals 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. Arcadia Minerals's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcadia Minerals stock overvalued right now?
Arcadia Minerals (ASX:AM7) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 0% at 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 Arcadia Minerals (ASX:AM7), 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.

Arcadia Minerals Business Description

Other Exchanges 8OH:Germany
Address 63 Shepperton Road, Suite 7, Victoria Park, Perth, WA, AUS, 6100
Arcadia Minerals Ltd is a mineral exploration company created to acquire an interest in exploration projects in Namibia. Its projects comprise the Swanson Project, Kum-Kum Project, Karibib Project, and Bitterwasser (Lithium in Clays and Lithium in Brines) projects. The group operates as one segment, which is the mineral exploration in Namibia.