BBRRF (Blueberries Medical) Piotroski F-Score: 4 (As of Jul. 01, 2026) — Near Median


What is Blueberries Medical Piotroski F-Score?

Blueberries Medical BBRRF Piotroski F-Score is 4 as of Jul. 01, 2026, which is at its 10-year median of 4.00. The stock has 2 warning signs investors should review. Among 979 Drug Manufacturers companies, Blueberries Medical ranks worse than 60.98% 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

Blueberries Medical has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

BBRRF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Blueberries Medical was 6. The lowest was 1. And the median was 4.

Blueberries Medical  (OTCPK:BBRRF) 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.


Blueberries Medical Piotroski F-Score Related Terms


Blueberries Medical Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Blueberries Medical'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.

Blueberries Medical Piotroski F-Score Chart

Blueberries Medical Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 5.00 4.00

Blueberries Medical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 3.00 4.00 3.00 4.00 4.00

BBRRF vs ZTS, UTHR: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Blueberries Medical'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.


Blueberries Medical Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Blueberries Medical's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Blueberries Medical'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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -0.148 + -0.137 + -0.361 + -0.122 = $-0.77 Mil.
Cash Flow from Operations was -0.079 + -0.094 + -0.12 + -0.01 = $-0.30 Mil.
Revenue was 0.042 + 0.026 + 0.119 + 0.031 = $0.22 Mil.
Gross Profit was 0.018 + 0.018 + 0.055 + 0.019 = $0.11 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1.174 + 0.979 + 0.851 + 0.493 + 0.47) / 5 = $0.7934 Mil.
Total Assets at the begining of this year (Mar25) was $1.17 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.22 Mil.
Total Current Liabilities was $0.35 Mil.
Net Income was -0.239 + -0.13 + -0.271 + -0.541 = $-1.18 Mil.

Revenue was 0.041 + 0.045 + 0.186 + 0.038 = $0.31 Mil.
Gross Profit was 0.01 + 0.035 + 0.057 + 0.015 = $0.12 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1.708 + 1.363 + 1.237 + 0.969 + 1.174) / 5 = $1.2902 Mil.
Total Assets at the begining of last year (Mar24) was $1.71 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.92 Mil.
Total Current Liabilities was $0.36 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.

Blueberries Medical's current Net Income (TTM) was -0.77. ==> 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.

Blueberries Medical's current Cash Flow from Operations (TTM) was -0.30. ==> 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 (Mar25)
=-0.768/1.174
=-0.65417376

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-1.181/1.708
=-0.69145199

Blueberries Medical's return on assets of this year was -0.65417376. Blueberries Medical's return on assets of last year was -0.69145199. ==> 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.

Blueberries Medical's current Net Income (TTM) was -0.77. Blueberries Medical's current Cash Flow from Operations (TTM) was -0.30. ==> -0.30 > -0.77 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/0.7934
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1.2902
=0

Blueberries Medical's gearing of this year was 0. Blueberries Medical'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: Mar26)=Total Current Assets/Total Current Liabilities
=0.215/0.347
=0.61959654

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=0.915/0.36
=2.54166667

Blueberries Medical's current ratio of this year was 0.61959654. Blueberries Medical's current ratio of last year was 2.54166667. ==> 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.

Blueberries Medical's number of shares in issue this year was 495.09. Blueberries Medical's number of shares in issue last year was 405.429. ==> 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
=0.11/0.218
=0.50458716

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.117/0.31
=0.37741935

Blueberries Medical's gross margin of this year was 0.50458716. Blueberries Medical's gross margin of last year was 0.37741935. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=0.218/1.174
=0.18568995

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0.31/1.708
=0.18149883

Blueberries Medical's asset turnover of this year was 0.18568995. Blueberries Medical's asset turnover of last year was 0.18149883. ==> This year's asset turnover is higher. ==> Score 1.

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+0+0+1+1
=5

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

Blueberries Medical has an F-score of 5 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?
Blueberries Medical (BBRRF) has a Piotroski F-Score of 4 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Blueberries Medical and its competitors. This is near median its historical median of 4.00. Over the past decade, Blueberries Medical's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Blueberries Medical ranks #597 out of 979 companies in the Drug Manufacturers industry, placing it in the top 61%.
Is Blueberries Medical's Piotroski F-Score too high?
Blueberries Medical's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Blueberries Medical's value of 4 is 20% below this industry median. Based on the distribution chart, Blueberries Medical ranks #597 out of 979 companies in the Drug Manufacturers industry, which is below the industry midpoint.
How does Blueberries Medical's Piotroski F-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Blueberries Medical ranks #597 out of 979 companies for Piotroski F-Score. This places Blueberries Medical in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Blueberries Medical's value of 4 is 20% below this benchmark. Historically, Blueberries Medical's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Blueberries Medical 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 979 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. Blueberries Medical'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 Blueberries Medical and its competitors. For the Drug Manufacturers 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. Blueberries Medical's current Piotroski F-Score is 4, which is near 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 Blueberries Medical stock overvalued right now?
Blueberries Medical (BBRRF) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Drug Manufacturers 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 Blueberries Medical (BBRRF), the current Piotroski F-Score is 4 as of Jul. 01, 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.

Blueberries Medical Business Description

Other Exchanges 1OA:GermanyBBM:Canada
Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Blueberries Medical Corp is a consumer science company focused on health, wellness and longevity. The company also distributes functional supplements, wellness products, and natural ingredients. It cultivates, produces, and distributes cannabidiol (CBD) and THC (tetrahydrocannabinol) based medical cannabis domestically as well as internationally. The company generates all of its revenues from Colombia.