Jacka Resources (ASX:JKA) Piotroski F-Score: 4 (As of Jun. 26, 2026) — 33% Above Median


What is Jacka Resources Piotroski F-Score?

Jacka Resources ASX:JKA Piotroski F-Score is 4 as of Jun. 26, 2026, which is 33% above its 10-year median of 3.00. The stock has 1 warning sign investors should review.

The zones of discrimination were as such:

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

Jacka Resources 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 Jacka Resources's Piotroski F-Score or its related term are showing as below:

ASX:JKA' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 4
Current: 4

During the past 10 years, the highest Piotroski F-Score of Jacka Resources was 4. The lowest was 2. And the median was 3.

Jacka Resources  (ASX:JKA) 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.


Jacka Resources Piotroski F-Score Related Terms


Jacka Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jacka Resources'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.

Jacka Resources Piotroski F-Score Chart

Jacka Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 3.00 3.00 4.00

Jacka Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 Premium Member Only Premium Member Only Premium Member Only 0.00 3.00 0.00 4.00 0.00

ASX:JKA vs DLTZ, PTCO, BDCO: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, Jacka Resources'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.


Jacka Resources Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jacka Resources's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jacka Resources'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 (Jun19) TTM:Last Year (Jun18) TTM:
Net Income was A$0.30 Mil.
Cash Flow from Operations was A$-0.48 Mil.
Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of this year (Jun18)
to the end of this year (Jun19) was (0.856 + 0.3) / 2 = A$0.578 Mil.
Total Assets at the begining of this year (Jun18) was A$0.86 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$0.30 Mil.
Total Current Liabilities was A$0.11 Mil.
Net Income was A$-0.62 Mil.

Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of last year (Jun17)
to the end of last year (Jun18) was (0.913 + 0.856) / 2 = A$0.8845 Mil.
Total Assets at the begining of last year (Jun17) was A$0.91 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$0.86 Mil.
Total Current Liabilities was A$0.97 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.

Jacka Resources's current Net Income (TTM) was 0.30. ==> Positive ==> Score 1.

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.

Jacka Resources's current Cash Flow from Operations (TTM) was -0.48. ==> 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 (Jun18)
=0.3/0.856
=0.35046729

ROA (Last Year)=Net Income/Total Assets (Jun17)
=-0.617/0.913
=-0.67579409

Jacka Resources's return on assets of this year was 0.35046729. Jacka Resources's return on assets of last year was -0.67579409. ==> 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.

Jacka Resources's current Net Income (TTM) was 0.30. Jacka Resources's current Cash Flow from Operations (TTM) was -0.48. ==> -0.48 <= 0.30 ==> 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: Jun19)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun18 to Jun19
=0/0.578
=0

Gearing (Last Year: Jun18)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun17 to Jun18
=0/0.8845
=0

Jacka Resources's gearing of this year was 0. Jacka Resources'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: Jun19)=Total Current Assets/Total Current Liabilities
=0.3/0.109
=2.75229358

Current Ratio (Last Year: Jun18)=Total Current Assets/Total Current Liabilities
=0.856/0.965
=0.88704663

Jacka Resources's current ratio of this year was 2.75229358. Jacka Resources's current ratio of last year was 0.88704663. ==> 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.

Jacka Resources's number of shares in issue this year was 768.109. Jacka Resources's number of shares in issue last year was 493.688. ==> 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
=

Jacka Resources's gross margin of this year was . Jacka Resources'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 (Jun18)
=0/0.856
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun17)
=0/0.913
=0

Jacka Resources's asset turnover of this year was 0. Jacka Resources'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
=1+0+1+0+1+1+0+0+0
=4

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

Jacka Resources 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?
Jacka Resources (ASX:JKA) 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 Jacka Resources and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Jacka Resources' Piotroski F-Score has ranged from 2.00 to 4.00.
Is Jacka Resources' Piotroski F-Score too high?
Jacka Resources' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Jacka Resources' value of 4 is 20% below this industry median.
How does Jacka Resources' Piotroski F-Score compare to DLTZ and PTCO?
Jacka Resources' Piotroski F-Score of 4 can be compared against companies in the Oil & Gas industry. The industry median Piotroski F-Score is 5.00. Jacka Resources' value of 4 is 20% below this benchmark. Historically, Jacka Resources' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Jacka Resources 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 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. Jacka Resources'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 Jacka Resources and its competitors. For the Oil & Gas 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. Jacka Resources's current Piotroski F-Score is 4, which is 33% above 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 Jacka Resources stock overvalued right now?
Jacka Resources (ASX:JKA) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Oil & Gas 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 Jacka Resources (ASX:JKA), 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.

Jacka Resources Business Description

Industry EnergyOil & Gas
Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000
Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.