Nido Education (ASX:NDO) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


ASX:NDO Nido Education Ltd ASX:NDO
15 GF Score
Price A$0.35
! 8 Warning Signs
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What is Nido Education Piotroski F-Score?

Nido Education ASX:NDO +6.06% 15 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates ASX:NDO with a GF Score™ of 15/100. The stock has 8 warning signs investors should review. Among 255 Education companies, Nido Education ranks better than 53.33% 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

Nido Education 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 Nido Education's Piotroski F-Score or its related term are showing as below:

ASX:NDO' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 6
Current: 5

During the past 4 years, the highest Piotroski F-Score of Nido Education was 6. The lowest was 5. And the median was 6.

Nido Education  (ASX:NDO) 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.


Nido Education Piotroski F-Score Related Terms


Nido Education Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nido Education'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.

Nido Education Piotroski F-Score Chart

Nido Education Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 5.00

Nido Education Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 6.00 0.00 5.00

ASX:NDO vs EDU, TAL, GHC: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Nido Education'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.


Nido Education Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Nido Education's Piotroski F-Score distribution charts can be found below:

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


ASX:NDO
15GF Score
Nido Education Ltd ASX:NDO
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was A$6.5 Mil.
Cash Flow from Operations was A$20.6 Mil.
Revenue was A$169.9 Mil.
Gross Profit was A$158.6 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (323.806 + 342.834) / 2 = A$333.32 Mil.
Total Assets at the begining of this year (Dec24) was A$323.8 Mil.
Long-Term Debt & Capital Lease Obligation was A$189.9 Mil.
Total Current Assets was A$10.5 Mil.
Total Current Liabilities was A$40.1 Mil.
Net Income was A$14.7 Mil.

Revenue was A$163.6 Mil.
Gross Profit was A$154.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (323.883 + 323.806) / 2 = A$323.8445 Mil.
Total Assets at the begining of last year (Dec23) was A$323.9 Mil.
Long-Term Debt & Capital Lease Obligation was A$163.0 Mil.
Total Current Assets was A$10.9 Mil.
Total Current Liabilities was A$36.9 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.

Nido Education's current Net Income (TTM) was 6.5. ==> 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.

Nido Education's current Cash Flow from Operations (TTM) was 20.6. ==> Positive ==> Score 1.

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 (Dec24)
=6.494/323.806
=0.02005522

ROA (Last Year)=Net Income/Total Assets (Dec23)
=14.652/323.883
=0.04523856

Nido Education's return on assets of this year was 0.02005522. Nido Education's return on assets of last year was 0.04523856. ==> 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.

Nido Education's current Net Income (TTM) was 6.5. Nido Education's current Cash Flow from Operations (TTM) was 20.6. ==> 20.6 > 6.5 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=189.932/333.32
=0.56981879

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=163.043/323.8445
=0.50346077

Nido Education's gearing of this year was 0.56981879. Nido Education's gearing of last year was 0.50346077. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=10.532/40.082
=0.26276134

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=10.939/36.867
=0.29671522

Nido Education's current ratio of this year was 0.26276134. Nido Education's current ratio of last year was 0.29671522. ==> 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.

Nido Education's number of shares in issue this year was 228.662. Nido Education's number of shares in issue last year was 230.016. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=158.553/169.869
=0.93338396

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=154.593/163.631
=0.94476597

Nido Education's gross margin of this year was 0.93338396. Nido Education's gross margin of last year was 0.94476597. ==> 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 (Dec24)
=169.869/323.806
=0.52460115

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=163.631/323.883
=0.50521639

Nido Education's asset turnover of this year was 0.52460115. Nido Education's asset turnover of last year was 0.50521639. ==> 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
=1+1+0+1+0+0+1+0+1
=5

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

Nido Education 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?
Nido Education (ASX:NDO) 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 Nido Education and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Nido Education's Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, Nido Education ranks #119 out of 255 companies in the Education industry, placing it in the top 46.7%.
Is Nido Education's Piotroski F-Score too high?
Nido Education's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 6.00. The Education industry median Piotroski F-Score is 5.00. Nido Education's value of 5 is 0% at this industry median. Based on the distribution chart, Nido Education ranks #119 out of 255 companies in the Education industry, which is above the industry midpoint. Overall, Nido Education has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Nido Education's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Nido Education ranks #119 out of 255 companies for Piotroski F-Score. This puts Nido Education in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nido Education's value of 5 is 0% at this benchmark. Historically, Nido Education's own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Nido Education 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 255 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. Nido Education'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 Nido Education and its competitors. For the Education 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. Nido Education's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nido Education stock overvalued right now?
Nido Education (ASX:NDO) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Education industry median of 5.00. Nido Education's overall GF Score™ is 15/100 with 8 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 Nido Education (ASX:NDO), 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.

Nido Education Business Description

Address 1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047
Nido Education Ltd is a national owner, operator and manager of long-day early childhood education and care services. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment. The Group operates in one segment being child care services.
15GF Score

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