Great Divide MiningASX:GDM -3.82%14 Piotroski F-Score is 3 as of Jun. 26, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:GDM with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 2,512 Metals & Mining companies, Great Divide Mining 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
Great Divide Mining 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 Great Divide Mining's Piotroski F-Score or its related term are showing as below:
ASX:GDM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 3 Max: 3
Current: 3
During the past 3 years, the highest Piotroski F-Score of Great Divide Mining was 3. The lowest was 3. And the median was 3.
Great Divide Mining (ASX:GDM) 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.
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.
Great Divide Mining Piotroski F-Score Related Terms
Great Divide Mining Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Great Divide Mining'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 Gold subindustry, Great Divide Mining'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.
Great Divide Mining Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Great Divide Mining's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Great Divide Mining'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.
Great Divide Mining's current Net Income (TTM) was -1.46.
==> 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.
Great Divide Mining's return on assets of this year was -0.37964165. Great Divide Mining's return on assets of last year was -3.25626741.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Great Divide Mining's gearing of this year was 0. Great Divide Mining's gearing of last year was 0.00190024.
==> 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
Great Divide Mining's current ratio of this year was 2.64983165. Great Divide Mining's current ratio of last year was 6.13207547.
==> 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.
Great Divide Mining's number of shares in issue this year was 41.203. Great Divide Mining's number of shares in issue last year was 35.165.
==> 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.
Great Divide Mining's gross margin of this year was 1. Great Divide Mining'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
Great Divide Mining's asset turnover of this year was 0.02233186. Great Divide Mining's asset turnover of last year was 0.13927577.
==> 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
Great Divide Mining has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Great Divide Mining (ASX:GDM) 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 Great Divide Mining and its competitors. This is near median its historical median of 3.00. Over the past decade, Great Divide Mining's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Great Divide Mining ranks #1030 out of 2512 companies in the Metals & Mining industry, placing it in the top 41%.
Is Great Divide Mining's Piotroski F-Score too high?
Great Divide Mining's 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. Great Divide Mining's value of 3 is 0% at this industry median. Based on the distribution chart, Great Divide Mining ranks #1030 out of 2512 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Great Divide Mining has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Great Divide Mining's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Great Divide Mining ranks #1030 out of 2512 companies for Piotroski F-Score. This puts Great Divide Mining in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Great Divide Mining's value of 3 is 0% at this benchmark. Historically, Great Divide Mining's 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, Great Divide Mining 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. Great Divide Mining'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 Great Divide Mining 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. Great Divide Mining'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 Great Divide Mining stock overvalued right now?
Great Divide Mining (ASX:GDM) 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. Great Divide Mining's overall GF Score™ is 14/100 with 3 warning signs 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 Great Divide Mining (ASX:GDM), 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.
Great Divide Mining Ltd is a mineral exploration company. It focuses on the exploration and development of its projects for Gold, Antimony, and Copper, with Lithium and Rare Earth Metals. The company's project includes the Yellow Jack Project, Cape Project, Coonambula Project, and Devils Mountain Project. The Group only had one Australian operating segment.
14GF Score
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