Wellnex Life (ASX:WNX) Piotroski F-Score: 4 (As of Jun. 25, 2026) — 33% Above Median


What is Wellnex Life Piotroski F-Score?

Wellnex Life ASX:WNX -4.44% Piotroski F-Score is 4 as of Jun. 25, 2026, which is 33% above its 10-year median of 3.00. The stock has 2 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Wellnex Life ranks worse than 67% 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

Wellnex Life has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Wellnex Life's Piotroski F-Score or its related term are showing as below:

ASX:WNX' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 4
Current: 4

During the past 9 years, the highest Piotroski F-Score of Wellnex Life was 4. The lowest was 1. And the median was 3.

Wellnex Life  (ASX:WNX) 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.


Wellnex Life Piotroski F-Score Related Terms


Wellnex Life Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wellnex Life'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.

Wellnex Life Piotroski F-Score Chart

Wellnex Life Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 4.00 4.00 3.00 3.00 4.00

Wellnex Life Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.00 0.00 4.00 0.00

ASX:WNX vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Wellnex Life'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.


Wellnex Life Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellnex Life's Piotroski F-Score distribution charts can be found below:

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


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$-15.60 Mil.
Cash Flow from Operations was A$-1.96 Mil.
Revenue was A$23.83 Mil.
Gross Profit was A$7.08 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (30.561 + 28.124) / 2 = A$29.3425 Mil.
Total Assets at the begining of this year (Jun24) was A$30.56 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$8.39 Mil.
Total Current Liabilities was A$16.76 Mil.
Net Income was A$-14.74 Mil.

Revenue was A$16.93 Mil.
Gross Profit was A$5.07 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (15.04 + 30.561) / 2 = A$22.8005 Mil.
Total Assets at the begining of last year (Jun23) was A$15.04 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$9.49 Mil.
Total Current Liabilities was A$27.34 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.

Wellnex Life's current Net Income (TTM) was -15.60. ==> 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.

Wellnex Life's current Cash Flow from Operations (TTM) was -1.96. ==> 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)
=-15.604/30.561
=-0.51058539

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-14.737/15.04
=-0.97985372

Wellnex Life's return on assets of this year was -0.51058539. Wellnex Life's return on assets of last year was -0.97985372. ==> 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.

Wellnex Life's current Net Income (TTM) was -15.60. Wellnex Life's current Cash Flow from Operations (TTM) was -1.96. ==> -1.96 > -15.60 ==> 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
=0/29.3425
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/22.8005
=0

Wellnex Life's gearing of this year was 0. Wellnex Life'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
=8.39/16.763
=0.50050707

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=9.486/27.336
=0.34701493

Wellnex Life's current ratio of this year was 0.50050707. Wellnex Life's current ratio of last year was 0.34701493. ==> 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.

Wellnex Life's number of shares in issue this year was 29.261. Wellnex Life's number of shares in issue last year was 18.766. ==> 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
=7.081/23.827
=0.29718387

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.073/16.932
=0.29961021

Wellnex Life's gross margin of this year was 0.29718387. Wellnex Life's gross margin of last year was 0.29961021. ==> 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)
=23.827/30.561
=0.77965381

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=16.932/15.04
=1.12579787

Wellnex Life's asset turnover of this year was 0.77965381. Wellnex Life's asset turnover of last year was 1.12579787. ==> 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+1+1+0+0+0
=4

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

Wellnex Life has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Wellnex Life (ASX:WNX) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wellnex Life and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Wellnex Life's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Wellnex Life ranks #1281 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 67%.
Is Wellnex Life's Piotroski F-Score too high?
Wellnex Life's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Wellnex Life's value of 4 is 20% below this industry median. Based on the distribution chart, Wellnex Life ranks #1281 out of 1912 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Wellnex Life's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Wellnex Life ranks #1281 out of 1912 companies for Piotroski F-Score. This places Wellnex Life in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Wellnex Life's value of 4 is 20% below this benchmark. Historically, Wellnex Life'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 3.00 vs. the industry median of 5.00, Wellnex Life 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 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. Wellnex Life's current Piotroski F-Score of 4 is 20% 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 Wellnex Life and its competitors. For the Consumer Packaged Goods 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. Wellnex Life's current Piotroski F-Score is 4, which is 33% 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 Wellnex Life stock overvalued right now?
Based on GuruFocus' analysis, Wellnex Life (ASX:WNX) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.34, compared to a current price of A$0.04 — trading 87.4% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Consumer Packaged Goods 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 Wellnex Life (ASX:WNX), the current Piotroski F-Score is 4 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.

Wellnex Life Business Description

Other Exchanges WNX:UK22W0:Germany
Address 574 Plummer Street, Building 2, Level 3, Suite 72, Port Melbourne, Melbourne, VIC, AUS, 3207
Wellnex Life Ltd is a consumer healthcare company focused on developing, licensing, marketing, and distributing healthcare and pharmaceutical products. These products are available mainly through Australian retailers and wholesalers, including Coles, Woolworths, Chemist Warehouse, Sigma, and Symbion. The group's offerings include caffeine energy liquid capsules, multivitamins, pain relief creams and sprays, sleep aids, toothpaste, over-the-counter medicines, and medical cannabis products, among others. Its brands include Pharmacy Own, Wellness Life, Mr. Bright, Pain Away, Nighty Night, Wakey Wakey, and Wagner Health Liquigesic. Geographically, the majority of the group's revenue comes from Australia, with additional contributions from the United Kingdom and New Zealand.