Elevate UraniumASX:EL8 -2.22%33 Piotroski F-Score is 2 as of Jun. 26, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates ASX:EL8 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 174 Other Energy Sources companies, Elevate Uranium ranks worse than 88.51% 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
Elevate Uranium 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 Elevate Uranium's Piotroski F-Score or its related term are showing as below:
ASX:EL8'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 4
Current: 2
During the past 13 years, the highest Piotroski F-Score of Elevate Uranium was 4. The lowest was 1. And the median was 3.
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.
Elevate Uranium Piotroski F-Score Related Terms
Elevate Uranium Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Elevate Uranium'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.
For the Uranium subindustry, Elevate Uranium'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.
Elevate Uranium Piotroski F-Score vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Elevate Uranium's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Elevate Uranium'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.
Elevate Uranium's current Net Income (TTM) was -12.32.
==> 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.
Elevate Uranium's return on assets of this year was -0.92941176. Elevate Uranium's return on assets of last year was -0.85748465.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Elevate Uranium's gearing of this year was 0.01658143. Elevate Uranium's gearing of last year was 0.00317842.
==> Last year is lower than this year ==> Score 0.
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
Elevate Uranium's current ratio of this year was 17.73482428. Elevate Uranium's current ratio of last year was 7.58402778.
==> 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.
Elevate Uranium's number of shares in issue this year was 353.608. Elevate Uranium's number of shares in issue last year was 294.788.
==> 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.
Elevate Uranium's gross margin of this year was . Elevate Uranium'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
Elevate Uranium's asset turnover of this year was 0. Elevate Uranium's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Elevate Uranium has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Elevate Uranium (ASX:EL8) 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 Elevate Uranium and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Elevate Uranium's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Elevate Uranium ranks #154 out of 174 companies in the Other Energy Sources industry, placing it in the top 88.5%.
Is Elevate Uranium's Piotroski F-Score too high?
Elevate Uranium's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. Elevate Uranium's value of 2 is 50% below this industry median. Based on the distribution chart, Elevate Uranium ranks #154 out of 174 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Elevate Uranium has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Elevate Uranium's Piotroski F-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Elevate Uranium ranks #154 out of 174 companies for Piotroski F-Score. This places Elevate Uranium in the lower half of its industry. The industry median Piotroski F-Score is 4.00. Elevate Uranium's value of 2 is 50% below this benchmark. Historically, Elevate Uranium's own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 4.00, Elevate Uranium 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 an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 174 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. Elevate Uranium's current Piotroski F-Score of 2 is 50% 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 Elevate Uranium and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevate Uranium's current Piotroski F-Score is 2, which is 33% below 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 Elevate Uranium stock overvalued right now?
Elevate Uranium (ASX:EL8) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 50% below the Other Energy Sources industry median of 4.00. Elevate Uranium's overall GF Score™ is 33/100 with 1 warning sign to review. 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 Elevate Uranium (ASX:EL8), 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.
Elevate Uranium Ltd is engaged in the exploration and evaluation of a uranium deposit and other minerals. The Group is organized into three main operating segments which involves the exploration and evaluation of uranium deposits in Namibia and Australia plus corporate activities.
33GF Score
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