Pacific Lime and Cement (ASX:PLA) Piotroski F-Score: 3 (As of Jun. 24, 2026) — Near Median


ASX:PLA Pacific Lime and Cement Ltd ASX:PLA
26 GF Score
Price A$0.38
! 5 Warning Signs
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What is Pacific Lime and Cement Piotroski F-Score?

Pacific Lime and Cement ASX:PLA +1.33% 26 Piotroski F-Score is 3 as of Jun. 24, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:PLA with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 2,510 Metals & Mining companies, Pacific Lime and Cement ranks better than 59.16% 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

Pacific Lime and Cement 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 Pacific Lime and Cement's Piotroski F-Score or its related term are showing as below:

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

During the past 8 years, the highest Piotroski F-Score of Pacific Lime and Cement was 4. The lowest was 2. And the median was 3.

Pacific Lime and Cement  (ASX:PLA) 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.


Pacific Lime and Cement Piotroski F-Score Related Terms


Pacific Lime and Cement Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pacific Lime and Cement'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.

Pacific Lime and Cement Piotroski F-Score Chart

Pacific Lime and Cement Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 2.00 3.00 3.00 3.00

Pacific Lime and Cement Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 3.00 0.00 3.00 0.00

Pacific Lime and Cement Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Pacific Lime and Cement'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.


Pacific Lime and Cement Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pacific Lime and Cement's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pacific Lime and Cement's Piotroski F-Score falls into.


ASX:PLA
26GF Score
Pacific Lime and Cement Ltd ASX:PLA
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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$0.27 Mil.
Cash Flow from Operations was A$-6.65 Mil.
Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (62.001 + 171.763) / 2 = A$116.882 Mil.
Total Assets at the begining of this year (Jun24) was A$62.00 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.12 Mil.
Total Current Assets was A$84.39 Mil.
Total Current Liabilities was A$16.68 Mil.
Net Income was A$-5.43 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 (42.743 + 62.001) / 2 = A$52.372 Mil.
Total Assets at the begining of last year (Jun23) was A$42.74 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$9.39 Mil.
Total Current Liabilities was A$17.54 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.

Pacific Lime and Cement's current Net Income (TTM) was 0.27. ==> 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.

Pacific Lime and Cement's current Cash Flow from Operations (TTM) was -6.65. ==> 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)
=0.271/62.001
=0.0043709

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-5.428/42.743
=-0.12699155

Pacific Lime and Cement's return on assets of this year was 0.0043709. Pacific Lime and Cement's return on assets of last year was -0.12699155. ==> 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.

Pacific Lime and Cement's current Net Income (TTM) was 0.27. Pacific Lime and Cement's current Cash Flow from Operations (TTM) was -6.65. ==> -6.65 <= 0.27 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.118/116.882
=0.00100957

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/52.372
=0

Pacific Lime and Cement's gearing of this year was 0.00100957. Pacific Lime and Cement's gearing of last year was 0. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=84.385/16.676
=5.06026625

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=9.387/17.544
=0.53505472

Pacific Lime and Cement's current ratio of this year was 5.06026625. Pacific Lime and Cement's current ratio of last year was 0.53505472. ==> 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.

Pacific Lime and Cement's number of shares in issue this year was 602.804. Pacific Lime and Cement's number of shares in issue last year was 346.262. ==> 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
=

Pacific Lime and Cement's gross margin of this year was . Pacific Lime and Cement'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 (Jun24)
=0/62.001
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/42.743
=0

Pacific Lime and Cement's asset turnover of this year was 0. Pacific Lime and Cement'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+0+1+0+0+0
=3

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

Pacific Lime and Cement has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Pacific Lime and Cement (ASX:PLA) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pacific Lime and Cement and its competitors. This is near median its historical median of 3.00. Over the past decade, Pacific Lime and Cement's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Pacific Lime and Cement ranks #1025 out of 2510 companies in the Metals & Mining industry, placing it in the top 40.8%.
Is Pacific Lime and Cement's Piotroski F-Score too high?
Pacific Lime and Cement'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 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Pacific Lime and Cement's value of 3 is 0% at this industry median. Based on the distribution chart, Pacific Lime and Cement ranks #1025 out of 2510 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Pacific Lime and Cement has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Pacific Lime and Cement's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Pacific Lime and Cement ranks #1025 out of 2510 companies for Piotroski F-Score. This puts Pacific Lime and Cement in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Pacific Lime and Cement's value of 3 is 0% at this benchmark. Historically, Pacific Lime and Cement's 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 3.00, Pacific Lime and Cement 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 2,510 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. Pacific Lime and Cement'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 Pacific Lime and Cement 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. Pacific Lime and Cement'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 Pacific Lime and Cement stock overvalued right now?
Pacific Lime and Cement (ASX:PLA) 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. Pacific Lime and Cement's overall GF Score™ is 26/100 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 Pacific Lime and Cement (ASX:PLA), the current Piotroski F-Score is 3 as of Jun. 24, 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.

Pacific Lime and Cement Business Description

Address 300 Adelaide Street, Level 7, Brisbane, QLD, AUS, 4000
Pacific Lime and Cement Ltd is an investment holding company focused on exploration and evaluation in Papua New Guinea. The Group is organized into the following segments: Cement and Lime, which includes limestone and the Central Cement and Lime Project; Iron and Industrial Sands, focusing on the development of the Orokolo Bay Iron and Industrial Sands Project; Coal and Power, managing the Depot Creek coal resource and domestic power project proposals; Renewables, investing in forestry carbon credit projects and proposed solar and geothermal projects; and Corporate, providing group-level corporate services, investment, and treasury functions.
26GF Score

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