Tlou EnergyASX:TOU Piotroski F-Score is 2 as of Jun. 25, 2026, which is at its 10-year median of 2.00. The stock has 4 warning signs investors should review. Among 975 Oil & Gas companies, Tlou Energy ranks worse than 91.08% on this metric.
Warning Sign:
Piotroski F-Score of 2 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
Tlou Energy has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Tlou Energy's Piotroski F-Score or its related term are showing as below:
ASX:TOU'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 2 Max: 4
Current: 2
During the past 13 years, the highest Piotroski F-Score of Tlou Energy was 4. The lowest was 1. And the median was 2.
Tlou Energy (ASX:TOU) 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.
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.
Tlou Energy Piotroski F-Score Related Terms
Tlou Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Tlou Energy'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:TOU vs COP, EOG, OXY: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, Tlou Energy'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.
Tlou Energy Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tlou Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Tlou Energy'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.
Tlou Energy's current Net Income (TTM) was -4.78.
==> 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.
Tlou Energy's return on assets of this year was -0.06165117. Tlou Energy's return on assets of last year was -0.05936309.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Tlou Energy's gearing of this year was 0. Tlou Energy's gearing of last year was 0.16387772.
==> 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
Tlou Energy's current ratio of this year was 0.05975861. Tlou Energy's current ratio of last year was 1.50306748.
==> 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.
Tlou Energy's number of shares in issue this year was 1292.789. Tlou Energy's number of shares in issue last year was 1097.175.
==> 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.
Tlou Energy's gross margin of this year was . Tlou Energy'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
Tlou Energy's asset turnover of this year was 0. Tlou Energy's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Tlou Energy has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Tlou Energy (ASX:TOU) has a Piotroski F-Score of 2 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tlou Energy and its competitors. This is near median its historical median of 2.00. Over the past decade, Tlou Energy's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Tlou Energy ranks #888 out of 975 companies in the Oil & Gas industry, placing it in the top 91.1%.
Is Tlou Energy's Piotroski F-Score too high?
Tlou Energy's current Piotroski F-Score of 2 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Tlou Energy's value of 2 is 60% below this industry median. Based on the distribution chart, Tlou Energy ranks #888 out of 975 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Tlou Energy's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tlou Energy ranks #888 out of 975 companies for Piotroski F-Score. This places Tlou Energy in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Tlou Energy's value of 2 is 60% below this benchmark. Historically, Tlou Energy's own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.00, Tlou Energy has consistently been below 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 975 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. Tlou Energy's current Piotroski F-Score of 2 is 60% below 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 Tlou Energy and its competitors. For the Oil & Gas 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. Tlou Energy's current Piotroski F-Score is 2, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tlou Energy stock overvalued right now?
Tlou Energy (ASX:TOU) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is near median its 10-year median of 2.00 and 60% below the Oil & Gas 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 Tlou Energy (ASX:TOU), the current Piotroski F-Score is 2 as of Jun. 25, 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.
Tlou Energy Ltd is an Australian company engaged in exploring and evaluating power solutions in Sub-Saharan Africa through Coalbed Methane (CBM) gas-fired power. Its flagship project is the Lesedi Power Project (Lesedi) in Botswana's Central District, where the company is developing a 10MW gas-to-power project. The project involves the drilling of coalbed methane (CBM) wells and the generation of electricity for sale into the national grid under its 10MW Power Purchase Agreement (PPA) with Botswana Power Corporation (BPC). Beyond Lesedi, the company holds various exploration acreage, including the Mamba and Boomslang licences. Additionally, it is also focused on a data centre, artificial intelligence, mining of cryptocurrencies, and an integrated solar development project.
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