Richmond Vanadium Technology (ASX:RVT) Piotroski F-Score: 3 (As of Jun. 24, 2026) — Near Median


ASX:RVT Richmond Vanadium Technology Ltd ASX:RVT
36 GF Score
Price A$0.14
! 1 Warning Sign
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What is Richmond Vanadium Technology Piotroski F-Score?

Richmond Vanadium Technology ASX:RVT -3.45% 36 Piotroski F-Score is 3 as of Jun. 24, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:RVT with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,510 Metals & Mining companies, Richmond Vanadium Technology 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

Richmond Vanadium Technology 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 Richmond Vanadium Technology's Piotroski F-Score or its related term are showing as below:

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

During the past 4 years, the highest Piotroski F-Score of Richmond Vanadium Technology was 3. The lowest was 3. And the median was 3.

Richmond Vanadium Technology  (ASX:RVT) 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.


Richmond Vanadium Technology Piotroski F-Score Related Terms


Richmond Vanadium Technology Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Richmond Vanadium Technology'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.

Richmond Vanadium Technology Piotroski F-Score Chart

Richmond Vanadium Technology Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 3.00 3.00

Richmond Vanadium Technology Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 0.00 3.00 0.00 3.00 0.00

Richmond Vanadium Technology Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology'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.


Richmond Vanadium Technology Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where Richmond Vanadium Technology's Piotroski F-Score falls into.


ASX:RVT
36GF Score
Richmond Vanadium Technology Ltd ASX:RVT
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$-1.87 Mil.
Cash Flow from Operations was A$-1.59 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 (44.72 + 42.274) / 2 = A$43.497 Mil.
Total Assets at the begining of this year (Jun24) was A$44.72 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$9.01 Mil.
Total Current Liabilities was A$1.19 Mil.
Net Income was A$-1.98 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 (48.943 + 44.72) / 2 = A$46.8315 Mil.
Total Assets at the begining of last year (Jun23) was A$48.94 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$13.58 Mil.
Total Current Liabilities was A$1.64 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.

Richmond Vanadium Technology's current Net Income (TTM) was -1.87. ==> 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.

Richmond Vanadium Technology's current Cash Flow from Operations (TTM) was -1.59. ==> 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)
=-1.873/44.72
=-0.04188283

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-1.976/48.943
=-0.0403735

Richmond Vanadium Technology's return on assets of this year was -0.04188283. Richmond Vanadium Technology's return on assets of last year was -0.0403735. ==> 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.

Richmond Vanadium Technology's current Net Income (TTM) was -1.87. Richmond Vanadium Technology's current Cash Flow from Operations (TTM) was -1.59. ==> -1.59 > -1.87 ==> 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
=0/43.497
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/46.8315
=0

Richmond Vanadium Technology's gearing of this year was 0. Richmond Vanadium Technology'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
=9.014/1.186
=7.60033727

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=13.579/1.637
=8.29505192

Richmond Vanadium Technology's current ratio of this year was 7.60033727. Richmond Vanadium Technology's current ratio of last year was 8.29505192. ==> 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.

Richmond Vanadium Technology's number of shares in issue this year was 221.356. Richmond Vanadium Technology's number of shares in issue last year was 221.833. ==> 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
=0/0
=

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

Richmond Vanadium Technology's gross margin of this year was . Richmond Vanadium Technology'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)
=0/44.72
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/48.943
=0

Richmond Vanadium Technology's asset turnover of this year was 0. Richmond Vanadium Technology'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
=0+0+0+1+1+0+1+0+0
=3

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

Richmond Vanadium Technology 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?
Richmond Vanadium Technology (ASX:RVT) 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 Richmond Vanadium Technology and its competitors. This is near median its historical median of 3.00. Over the past decade, Richmond Vanadium Technology's Piotroski F-Score has ranged from 3.00 to 3.00. According to the industry distribution chart, Richmond Vanadium Technology ranks #1025 out of 2510 companies in the Metals & Mining industry, placing it in the top 40.8%.
Is Richmond Vanadium Technology's Piotroski F-Score too high?
Richmond Vanadium Technology'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 3.00 to a high of 3.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Richmond Vanadium Technology's value of 3 is 0% at this industry median. Based on the distribution chart, Richmond Vanadium Technology ranks #1025 out of 2510 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Richmond Vanadium Technology has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Richmond Vanadium Technology's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Richmond Vanadium Technology ranks #1025 out of 2510 companies for Piotroski F-Score. This puts Richmond Vanadium Technology in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Richmond Vanadium Technology's value of 3 is 0% at this benchmark. Historically, Richmond Vanadium Technology's own Piotroski F-Score has ranged from 3.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Richmond Vanadium Technology 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. Richmond Vanadium Technology'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 Richmond Vanadium Technology 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. Richmond Vanadium Technology'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 Richmond Vanadium Technology stock overvalued right now?
Richmond Vanadium Technology (ASX:RVT) 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. Richmond Vanadium Technology's overall GF Score™ is 36/100 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 Richmond Vanadium Technology (ASX:RVT), 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.

Richmond Vanadium Technology Business Description

Address 251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000
Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.
36GF Score

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