RLF AgTechASX:RLF +6.67% Piotroski F-Score is 6 as of Jun. 24, 2026, which is 100% above its 10-year median of 3.00. The stock has 4 warning signs investors should review. Among 252 Agriculture companies, RLF AgTech ranks better than 76.59% 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
RLF AgTech has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for RLF AgTech's Piotroski F-Score or its related term are showing as below:
ASX:RLF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 3 Max: 6
Current: 6
During the past 5 years, the highest Piotroski F-Score of RLF AgTech was 6. The lowest was 3. And the median was 3.
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.
RLF AgTech Piotroski F-Score Related Terms
RLF AgTech Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for RLF AgTech'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:RLF vs CTVA, CF, MOS: Piotroski F-Score Comparison
For the Agricultural Inputs subindustry, RLF AgTech'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.
RLF AgTech Piotroski F-Score vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, RLF AgTech's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where RLF AgTech'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.
RLF AgTech's current Net Income (TTM) was -1.92.
==> 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.
RLF AgTech's return on assets of this year was -0.0846181. RLF AgTech's return on assets of last year was -0.51899308.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
RLF AgTech's gearing of this year was 0.16412359. RLF AgTech's gearing of last year was 0.17276897.
==> 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
RLF AgTech's current ratio of this year was 0.8730855. RLF AgTech's current ratio of last year was 0.82972424.
==> 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.
RLF AgTech's number of shares in issue this year was 336.666. RLF AgTech's number of shares in issue last year was 194.521.
==> 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.
RLF AgTech's gross margin of this year was 0.36044087. RLF AgTech's gross margin of last year was 0.42879114.
==> 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
RLF AgTech's asset turnover of this year was 1.03510704. RLF AgTech's asset turnover of last year was 0.63113958.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
RLF AgTech has an F-score of 6 indicating the company's financial situation is typical for a stable company.
RLF AgTech (ASX:RLF) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RLF AgTech and its competitors. This is 100% above median its historical median of 3.00. Over the past decade, RLF AgTech's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, RLF AgTech ranks #59 out of 252 companies in the Agriculture industry, placing it in the top 23.4%.
Is RLF AgTech's Piotroski F-Score too high?
RLF AgTech's current Piotroski F-Score of 6 is 100% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Agriculture industry median Piotroski F-Score is 5.00. RLF AgTech's value of 6 is 20% above this industry median. Based on the distribution chart, RLF AgTech ranks #59 out of 252 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers.
How does RLF AgTech's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, RLF AgTech ranks #59 out of 252 companies for Piotroski F-Score. This places RLF AgTech in the top 23% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. RLF AgTech's value of 6 is 20% above this benchmark. Historically, RLF AgTech's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, RLF AgTech 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 an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 252 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. RLF AgTech's current Piotroski F-Score of 6 is 20% 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 RLF AgTech and its competitors. For the Agriculture 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. RLF AgTech's current Piotroski F-Score is 6, which is 100% 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 RLF AgTech stock overvalued right now?
Based on GuruFocus' analysis, RLF AgTech (ASX:RLF) is currently considered Fairly Valued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.05 — trading 4% below its estimated fair value. The current Piotroski F-Score is 6, which is 100% above median its 10-year median of 3.00 and 20% above the Agriculture 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 RLF AgTech (ASX:RLF), the current Piotroski F-Score is 6 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.
RLF AgTech Ltd is engaged in the formulation, manufacture, and sale of liquid fertilizers and seed treatments. Its offerings include Seed Primers, Soil & Fertigation, and Foliar. The company's operating segments are classified by the geographical areas where products and services are sold, together with its support functions, and include China, which derives key revenue, Australia, and Southeast Asia.
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