Torque Metals (ASX:TOR) Piotroski F-Score: 3 (As of Jun. 27, 2026) — Near Median


ASX:TOR Torque Metals Ltd ASX:TOR
30 GF Score
Price A$0.25
! 3 Warning Signs
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What is Torque Metals Piotroski F-Score?

Torque Metals ASX:TOR -2.00% 30 Piotroski F-Score is 3 as of Jun. 27, 2026, which is at its 10-year median of 3.00. GuruFocus rates ASX:TOR with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 2,512 Metals & Mining companies, Torque Metals ranks better than 59% 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

Torque Metals 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 Torque Metals's Piotroski F-Score or its related term are showing as below:

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

During the past 5 years, the highest Piotroski F-Score of Torque Metals was 3. The lowest was 2. And the median was 3.

Torque Metals  (ASX:TOR) 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.


Torque Metals Piotroski F-Score Related Terms


Torque Metals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Torque Metals'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.

Torque Metals Piotroski F-Score Chart

Torque Metals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 3.00 2.00 3.00

Torque Metals Semi-Annual Data
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 0.00 2.00 0.00 3.00 0.00

ASX:TOR vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Torque Metals'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.


Torque Metals Piotroski F-Score vs Metals & Mining Industry

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

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


ASX:TOR
30GF Score
Torque Metals Ltd ASX:TOR
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$-7.25 Mil.
Cash Flow from Operations was A$-1.51 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 (22.777 + 60.018) / 2 = A$41.3975 Mil.
Total Assets at the begining of this year (Jun24) was A$22.78 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.36 Mil.
Total Current Assets was A$3.69 Mil.
Total Current Liabilities was A$2.39 Mil.
Net Income was A$-4.68 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 (11.711 + 22.777) / 2 = A$17.244 Mil.
Total Assets at the begining of last year (Jun23) was A$11.71 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$2.32 Mil.
Total Current Liabilities was A$2.66 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.

Torque Metals's current Net Income (TTM) was -7.25. ==> 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.

Torque Metals's current Cash Flow from Operations (TTM) was -1.51. ==> 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)
=-7.247/22.777
=-0.31817184

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-4.681/11.711
=-0.39970967

Torque Metals's return on assets of this year was -0.31817184. Torque Metals's return on assets of last year was -0.39970967. ==> 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.

Torque Metals's current Net Income (TTM) was -7.25. Torque Metals's current Cash Flow from Operations (TTM) was -1.51. ==> -1.51 > -7.25 ==> 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
=0.364/41.3975
=0.0087928

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/17.244
=0

Torque Metals's gearing of this year was 0.0087928. Torque Metals'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
=3.693/2.386
=1.54777871

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=2.32/2.659
=0.87250846

Torque Metals's current ratio of this year was 1.54777871. Torque Metals's current ratio of last year was 0.87250846. ==> 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.

Torque Metals's number of shares in issue this year was 253.214. Torque Metals's number of shares in issue last year was 139.589. ==> 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
=

Torque Metals's gross margin of this year was . Torque Metals'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)
=0/22.777
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/11.711
=0

Torque Metals's asset turnover of this year was 0. Torque Metals'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+1+1+0+1+0+0+0
=3

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

Torque Metals 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?
Torque Metals (ASX:TOR) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Torque Metals and its competitors. This is near median its historical median of 3.00. Over the past decade, Torque Metals' Piotroski F-Score has ranged from 2.00 to 3.00. According to the industry distribution chart, Torque Metals ranks #1030 out of 2512 companies in the Metals & Mining industry, placing it in the top 41%.
Is Torque Metals' Piotroski F-Score too high?
Torque Metals' 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 3.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Torque Metals' value of 3 is 0% at this industry median. Based on the distribution chart, Torque Metals ranks #1030 out of 2512 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Torque Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Torque Metals' Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Torque Metals ranks #1030 out of 2512 companies for Piotroski F-Score. This puts Torque Metals in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Torque Metals' value of 3 is 0% at this benchmark. Historically, Torque Metals' own Piotroski F-Score has ranged from 2.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Torque Metals 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 2,512 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. Torque Metals'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 Torque Metals 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. Torque Metals'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 Torque Metals stock overvalued right now?
Torque Metals (ASX:TOR) 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. Torque Metals' overall GF Score™ is 30/100 with 3 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 Torque Metals (ASX:TOR), the current Piotroski F-Score is 3 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.

Torque Metals Business Description

Other Exchanges L5B:Germany
Address 1 Spring Street, Unit 1, Level 16, Perth, WA, AUS, 6000
Torque Metals Ltd is a Developer of a mineral exploration portfolio designed to identify and advance prospective resource opportunities in a well-established mineral province. The company offers a diversified landholding with granted and pending licences, enabling mining and resource development companies to assess mineral potential and progress exploration activities.
30GF Score

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