Vinyl GroupASX:VNL Piotroski F-Score is 6 as of Jun. 25, 2026, which is 50% above its 10-year median of 4.00. The stock has 1 warning sign investors should review. Among 2,742 Software companies, Vinyl Group ranks better than 78.7% 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
Vinyl Group 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 Vinyl Group's Piotroski F-Score or its related term are showing as below:
ASX:VNL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 6
During the past 13 years, the highest Piotroski F-Score of Vinyl Group was 6. The lowest was 2. And the median was 4.
Vinyl Group (ASX:VNL) 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.
Vinyl Group Piotroski F-Score Related Terms
Vinyl Group Piotroski F-Score Historical Data
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The historical data trend for Vinyl Group'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:VNL vs CRM, SHOP, UBER: Piotroski F-Score Comparison
For the Software - Application subindustry, Vinyl Group'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.
Vinyl Group Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, Vinyl Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Vinyl Group'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.
Vinyl Group's current Net Income (TTM) was -15.84.
==> 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.
Vinyl Group's return on assets of this year was -0.82446919. Vinyl Group's return on assets of last year was -1.81140491.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Vinyl Group's current ratio of this year was 1.26260459. Vinyl Group's current ratio of last year was 0.60766476.
==> 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.
Vinyl Group's number of shares in issue this year was 1181.97. Vinyl Group's number of shares in issue last year was 674.163.
==> 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.
Vinyl Group's gross margin of this year was 0.38818302. Vinyl Group's gross margin of last year was 0.34681151.
==> This year's gross margin is higher. ==> Score 1.
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
Vinyl Group's asset turnover of this year was 0.74953164. Vinyl Group's asset turnover of last year was 0.52787512.
==> 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
Vinyl Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Vinyl Group (ASX:VNL) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vinyl Group and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Vinyl Group's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Vinyl Group ranks #584 out of 2742 companies in the Software industry, placing it in the top 21.3%.
Is Vinyl Group's Piotroski F-Score too high?
Vinyl Group's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. Vinyl Group's value of 6 is 20% above this industry median. Based on the distribution chart, Vinyl Group ranks #584 out of 2742 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Vinyl Group's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Vinyl Group ranks #584 out of 2742 companies for Piotroski F-Score. This places Vinyl Group in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Vinyl Group's value of 6 is 20% above this benchmark. Historically, Vinyl Group's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Vinyl Group 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 a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. Vinyl Group'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 Vinyl Group and its competitors. For the Software 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. Vinyl Group's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinyl Group stock overvalued right now?
Based on GuruFocus' analysis, Vinyl Group (ASX:VNL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.27, compared to a current price of A$0.05 — trading 80.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Software 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 Vinyl Group (ASX:VNL), the current Piotroski F-Score is 6 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.
Vinyl Group Ltd Formerly Jaxsta Ltd is a music technology company that carries on music database. It has developed an online platform named Jaxsta to hold official music metadata. Its database consists of official music information and is built to meet the needs of music professionals and enthusiasts seeking a comprehensive and authenticated source of music data. The company uses " Big Data" technology to ingest and translate information sourced directly from official channels including record labels, music publishers, royalty agencies and industry associations onto its Jaxsta platform ensuring optimum accuracy and reliability.
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