LTR Pharma (ASX:LTP) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 25% Above Median


ASX:LTP LTR Pharma Ltd ASX:LTP
15 GF Score
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What is LTR Pharma Piotroski F-Score?

LTR Pharma ASX:LTP -4.27% 15 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates ASX:LTP with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,342 Biotechnology companies, LTR Pharma ranks better than 85.1% 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

LTR Pharma 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 LTR Pharma's Piotroski F-Score or its related term are showing as below:

ASX:LTP' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 5
Current: 5

During the past 5 years, the highest Piotroski F-Score of LTR Pharma was 5. The lowest was 3. And the median was 4.

LTR Pharma  (ASX:LTP) 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.


LTR Pharma Piotroski F-Score Related Terms


LTR Pharma Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for LTR Pharma'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.

LTR Pharma Piotroski F-Score Chart

LTR Pharma Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 4.00 3.00 5.00

LTR Pharma Semi-Annual Data
Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 0.00 3.00 0.00 5.00 0.00

ASX:LTP vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, LTR Pharma'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.


LTR Pharma Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, LTR Pharma's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where LTR Pharma's Piotroski F-Score falls into.


ASX:LTP
15GF Score
LTR Pharma Ltd ASX:LTP
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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$-5.59 Mil.
Cash Flow from Operations was A$-4.44 Mil.
Revenue was A$0.15 Mil.
Gross Profit was A$0.15 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (3.369 + 32.211) / 2 = A$17.79 Mil.
Total Assets at the begining of this year (Jun24) was A$3.37 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$32.08 Mil.
Total Current Liabilities was A$0.70 Mil.
Net Income was A$-6.95 Mil.

Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (7.51 + 3.369) / 2 = A$5.4395 Mil.
Total Assets at the begining of last year (Jun23) was A$7.51 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$3.37 Mil.
Total Current Liabilities was A$0.43 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.

LTR Pharma's current Net Income (TTM) was -5.59. ==> 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.

LTR Pharma's current Cash Flow from Operations (TTM) was -4.44. ==> 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)
=-5.594/3.369
=-1.66043336

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-6.954/7.51
=-0.92596538

LTR Pharma's return on assets of this year was -1.66043336. LTR Pharma's return on assets of last year was -0.92596538. ==> Last year is higher ==> Score 0.

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.

LTR Pharma's current Net Income (TTM) was -5.59. LTR Pharma's current Cash Flow from Operations (TTM) was -4.44. ==> -4.44 > -5.59 ==> CFROA > ROA ==> Score 1.

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
=0/17.79
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/5.4395
=0

LTR Pharma's gearing of this year was 0. LTR Pharma'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: Jun25)=Total Current Assets/Total Current Liabilities
=32.075/0.701
=45.75606277

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=3.367/0.429
=7.84848485

LTR Pharma's current ratio of this year was 45.75606277. LTR Pharma's current ratio of last year was 7.84848485. ==> 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.

LTR Pharma's number of shares in issue this year was 167.25. LTR Pharma's number of shares in issue last year was 139.42. ==> 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
=0.146/0.146
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

LTR Pharma's gross margin of this year was 1. LTR Pharma's gross margin of last year was . ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=0.146/3.369
=0.0433363

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/7.51
=0

LTR Pharma's asset turnover of this year was 0.0433363. LTR Pharma's asset turnover of last year was 0. ==> 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+0+1+1+1+0+1+1
=5

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

LTR Pharma has an F-score of 5 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 5 mean?
LTR Pharma (ASX:LTP) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on LTR Pharma and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, LTR Pharma's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, LTR Pharma ranks #200 out of 1342 companies in the Biotechnology industry, placing it in the top 14.9%.
Is LTR Pharma's Piotroski F-Score too high?
LTR Pharma's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Biotechnology industry median Piotroski F-Score is 3.00. LTR Pharma's value of 5 is 66.7% above this industry median. Based on the distribution chart, LTR Pharma ranks #200 out of 1342 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, LTR Pharma has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does LTR Pharma's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, LTR Pharma ranks #200 out of 1342 companies for Piotroski F-Score. This places LTR Pharma in the top 15% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. LTR Pharma's value of 5 is 66.7% above this benchmark. Historically, LTR Pharma's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, LTR Pharma has consistently been above 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,342 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. LTR Pharma's current Piotroski F-Score of 5 is 66.7% above 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 LTR Pharma and its competitors. For the Biotechnology 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. LTR Pharma's current Piotroski F-Score is 5, which is 25% above 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 LTR Pharma stock overvalued right now?
LTR Pharma (ASX:LTP) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 66.7% above the Biotechnology industry median of 3.00. LTR Pharma's overall GF Score™ is 15/100 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 LTR Pharma (ASX:LTP), the current Piotroski F-Score is 5 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.

LTR Pharma Business Description

Address 9A/204 Alice Street, Brisbane, QLD, AUS, 4000
LTR Pharma Ltd is a clinical stage pharmaceutical company focused on holistically improving men's health, physically and mentally, through the commercialization of an intranasal spray treatment for Erectile Dysfunction. SPONTAN is a Vardenafil-based nasal delivery formulation designed to be a lower dose fast-acting administration that provides a rapid and high availability to a patient's bloodstream compared with the incumbent oral ED treatment products on the market.
15GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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