The Calmer Co International (ASX:CCO) Piotroski F-Score: 4 (As of Jun. 26, 2026) — Near Median


What is The Calmer Co International Piotroski F-Score?

The Calmer Co International ASX:CCO -33.33% Piotroski F-Score is 4 as of Jun. 26, 2026, which is at its 10-year median of 4.00. The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, The Calmer Co International ranks worse than 66.93% 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

The Calmer Co International has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

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

During the past 8 years, the highest Piotroski F-Score of The Calmer Co International was 4. The lowest was 2. And the median was 4.

The Calmer Co International  (ASX:CCO) 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.


The Calmer Co International Piotroski F-Score Related Terms


The Calmer Co International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Calmer Co International'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.

The Calmer Co International Piotroski F-Score Chart

The Calmer Co International Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 2.00 4.00 4.00 4.00

The Calmer Co International Semi-Annual Data
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 0.00 4.00 0.00 4.00 0.00

ASX:CCO vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, The Calmer Co International'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.


The Calmer Co International Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Calmer Co International's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The Calmer Co International'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$-3.99 Mil.
Cash Flow from Operations was A$-4.37 Mil.
Revenue was A$8.04 Mil.
Gross Profit was A$3.41 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (4.335 + 5.679) / 2 = A$5.007 Mil.
Total Assets at the begining of this year (Jun24) was A$4.34 Mil.
Long-Term Debt & Capital Lease Obligation was A$1.67 Mil.
Total Current Assets was A$4.12 Mil.
Total Current Liabilities was A$2.10 Mil.
Net Income was A$-3.73 Mil.

Revenue was A$4.26 Mil.
Gross Profit was A$2.12 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (3.236 + 4.335) / 2 = A$3.7855 Mil.
Total Assets at the begining of last year (Jun23) was A$3.24 Mil.
Long-Term Debt & Capital Lease Obligation was A$1.54 Mil.
Total Current Assets was A$3.08 Mil.
Total Current Liabilities was A$3.25 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.

The Calmer Co International's current Net Income (TTM) was -3.99. ==> 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.

The Calmer Co International's current Cash Flow from Operations (TTM) was -4.37. ==> 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)
=-3.992/4.335
=-0.92087659

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-3.727/3.236
=-1.15173053

The Calmer Co International's return on assets of this year was -0.92087659. The Calmer Co International's return on assets of last year was -1.15173053. ==> 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.

The Calmer Co International's current Net Income (TTM) was -3.99. The Calmer Co International's current Cash Flow from Operations (TTM) was -4.37. ==> -4.37 <= -3.99 ==> CFROA <= ROA ==> Score 0.

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
=1.672/5.007
=0.33393249

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=1.538/3.7855
=0.40628715

The Calmer Co International's gearing of this year was 0.33393249. The Calmer Co International's gearing of last year was 0.40628715. ==> 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
=4.121/2.095
=1.96706444

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=3.076/3.254
=0.94529809

The Calmer Co International's current ratio of this year was 1.96706444. The Calmer Co International's current ratio of last year was 0.94529809. ==> 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.

The Calmer Co International's number of shares in issue this year was 2477.405. The Calmer Co International's number of shares in issue last year was 1250.662. ==> 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
=3.414/8.035
=0.4248911

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2.115/4.263
=0.49612949

The Calmer Co International's gross margin of this year was 0.4248911. The Calmer Co International's gross margin of last year was 0.49612949. ==> 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)
=8.035/4.335
=1.85351788

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=4.263/3.236
=1.31736712

The Calmer Co International's asset turnover of this year was 1.85351788. The Calmer Co International's asset turnover of last year was 1.31736712. ==> 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+0+1+0+1+1+0+0+1
=4

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

The Calmer Co International has an F-score of 4 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 4 mean?
The Calmer Co International (ASX:CCO) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Calmer Co International and its competitors. This is near median its historical median of 4.00. Over the past decade, The Calmer Co International's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, The Calmer Co International ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is The Calmer Co International's Piotroski F-Score too high?
The Calmer Co International's current Piotroski F-Score of 4 is near 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The Calmer Co International's value of 4 is 20% below this industry median. Based on the distribution chart, The Calmer Co International ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does The Calmer Co International's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The Calmer Co International ranks #1279 out of 1911 companies for Piotroski F-Score. This places The Calmer Co International in the lower half of its industry. The industry median Piotroski F-Score is 5.00. The Calmer Co International's value of 4 is 20% below this benchmark. Historically, The Calmer Co International's 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 5.00, The Calmer Co International 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. The Calmer Co International's current Piotroski F-Score of 4 is 20% 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 The Calmer Co International and its competitors. For the Consumer Packaged Goods 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. The Calmer Co International's current Piotroski F-Score is 4, which is near 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 The Calmer Co International stock overvalued right now?
The Calmer Co International (ASX:CCO) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Consumer Packaged Goods 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 The Calmer Co International (ASX:CCO), the current Piotroski F-Score is 4 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.

The Calmer Co International Business Description

Address 96 Victoria Street, West End, Brisbane, QLD, AUS, 4101
The Calmer Co International Ltd is mainly engaged in the research, development, and selling of kava extracts as a consumer product. Its business objective is the primary production of kava through a network of outsourced kava farms and via its Farm located in Fiji, and the production and sale of kava supplements and complementary medicines. The company has produced three types of products in the market: shots, powders, and capsules. Its reportable segments are: Fiji Kava Australia Trading Pty Ltd (Fiji Kava Australia Trading), which derives maximum revenue, South Pacific Elixirs Pty Limited (SPE Fiji), Fiji Kava Inc (USA), and Danodan Hempworks LLC (USA). Geographically, it derives key revenue from Australia and the rest from Fiji and other regions.