IkeGPS GroupASX:IKE 61 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates ASX:IKE with a GF Score™ of 61/100 and a GF Value™ of A$0.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, IkeGPS Group ranks better than 59.56% 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
IkeGPS Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for IkeGPS Group's Piotroski F-Score or its related term are showing as below:
ASX:IKE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 6
Current: 5
During the past 12 years, the highest Piotroski F-Score of IkeGPS Group was 6. The lowest was 1. And the median was 5.
IkeGPS Group (ASX:IKE) 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.
IkeGPS Group Piotroski F-Score Related Terms
IkeGPS Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for IkeGPS Group'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.
ASX:IKE vs COHR, KEYS, GRMN: Piotroski F-Score Comparison
For the Scientific & Technical Instruments subindustry, IkeGPS Group'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.
IkeGPS Group Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, IkeGPS Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where IkeGPS Group'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.
IkeGPS Group's current Net Income (TTM) was -6.24.
==> 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.
IkeGPS Group's return on assets of this year was -0.23480518. IkeGPS Group's return on assets of last year was -0.44344243.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
IkeGPS Group's gearing of this year was 0.01136528. IkeGPS Group's gearing of last year was 0.01860976.
==> 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
IkeGPS Group's current ratio of this year was 1.63457649. IkeGPS Group's current ratio of last year was 1.70923342.
==> 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.
IkeGPS Group's number of shares in issue this year was 183.2. IkeGPS Group's number of shares in issue last year was 160.604.
==> 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.
IkeGPS Group's gross margin of this year was 0.80179895. IkeGPS Group's gross margin of last year was 0.69209237.
==> This year's gross margin is higher. ==> Score 1.
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
IkeGPS Group's asset turnover of this year was 0.83210471. IkeGPS Group's asset turnover of last year was 0.68275203.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
IkeGPS Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
IkeGPS Group (ASX:IKE) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on IkeGPS Group and its competitors. This is near median its historical median of 5.00. Over the past decade, IkeGPS Group's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, IkeGPS Group ranks #981 out of 2426 companies in the Hardware industry, placing it in the top 40.4%.
Is IkeGPS Group's Piotroski F-Score too high?
IkeGPS Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Hardware industry median Piotroski F-Score is 5.00. IkeGPS Group's value of 5 is 0% at this industry median. Based on the distribution chart, IkeGPS Group ranks #981 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, IkeGPS Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IkeGPS Group's Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, IkeGPS Group ranks #981 out of 2426 companies for Piotroski F-Score. This puts IkeGPS Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. IkeGPS Group's value of 5 is 0% at this benchmark. Historically, IkeGPS Group's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, IkeGPS Group 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. IkeGPS Group's current Piotroski F-Score of 5 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 IkeGPS Group and its competitors. For the Hardware 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. IkeGPS Group's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IkeGPS Group stock overvalued right now?
Based on GuruFocus' analysis, IkeGPS Group (ASX:IKE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.55, compared to a current price of A$1.04 — trading 89.1% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Hardware industry median of 5.00. IkeGPS Group's overall GF Score™ is 61/100 with 5 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 IkeGPS Group (ASX:IKE), the current Piotroski F-Score is 5 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.
Is IkeGPS Group (ASX:IKE) Overvalued in 2026?
Based on GuruFocus' analysis, IkeGPS Group stock appears to be overvalued.
The current stock price of A$1.04 is trading 89.1% above its estimated GF Value™ of A$0.55.
GuruFocus considers IkeGPS Group to be Significantly Overvalued.
Key valuation signals for ASX:IKE:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: A$0.55 vs. price of A$1.04 (89.1% above fair value)
Industry Position: 0% at the Hardware median (#981 of 2426)
No single metric tells the full story. See the ASX:IKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IkeGPS Group Ltd is engaged in designing and delivering a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies. Its segments include Platform Transactions, Platform Subscriptions, and Hardware and other services. The company generates the majority of its revenue from Platform Subscriptions, which includes: 1. the IKE Platform solution, where customers use the functionality of IKE Office, and if applicable, the IKE Device; 2. pole loading software licences and ongoing subscriptions for maintenance and support. Geographically, revenue is substantially generated in the United States of America.
61GF Score
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