CISO (CISO Global) Piotroski F-Score: 5 (As of Jul. 10, 2026) — 25% Above Median


CISO CISO Global Inc CISO
33 GF Score
Price $0.29
GF Value $0.26
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CISO Global Piotroski F-Score?

CISO Global CISO +4.12% 33 Piotroski F-Score is 5 as of Jul. 10, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates CISO with a GF Score™ of 33/100 and a GF Value™ of $0.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,736 Software companies, CISO Global ranks better than 59.72% 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

CISO Global 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 CISO Global's Piotroski F-Score or its related term are showing as below:

CISO' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 5

During the past 8 years, the highest Piotroski F-Score of CISO Global was 6. The lowest was 1. And the median was 4.

CISO Global  (NAS:CISO) 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.


CISO Global Piotroski F-Score Related Terms


CISO Global Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CISO Global'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.

CISO Global Piotroski F-Score Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 2.00 4.00 4.00 6.00 6.00

CISO Global 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 5.00 4.00 5.00 6.00 5.00

CISO vs TGHL, YQAI, CLOQ: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, CISO Global'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.


CISO Global Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, CISO Global's Piotroski F-Score distribution charts can be found below:

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


CISO
33GF Score
CISO Global Inc CISO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 -3.01 + 2.532 + -2.217 + -1.589 = $-4.28 Mil.
Cash Flow from Operations was -2.35 + -0.877 + -1.792 + -0.88 = $-5.90 Mil.
Revenue was 6.714 + 6.462 + 6.268 + 6.22 = $25.66 Mil.
Gross Profit was 1.637 + 1.607 + 1.794 + 1.824 = $6.86 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(27.819 + 25.789 + 25.086 + 25.028 + 23.788) / 5 = $25.502 Mil.
Total Assets at the begining of this year (Mar25) was $27.82 Mil.
Long-Term Debt & Capital Lease Obligation was $0.21 Mil.
Total Current Assets was $2.33 Mil.
Total Current Liabilities was $7.85 Mil.
Net Income was -8.437 + -3.678 + -5.52 + -5.38 = $-23.02 Mil.

Revenue was 7.808 + 7.511 + 7.406 + 7.162 = $29.89 Mil.
Gross Profit was 0.934 + 1.034 + 1.833 + 1.782 = $5.58 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(47.539 + 43.196 + 26.627 + 26.654 + 27.819) / 5 = $34.367 Mil.
Total Assets at the begining of last year (Mar24) was $47.54 Mil.
Long-Term Debt & Capital Lease Obligation was $0.41 Mil.
Total Current Assets was $5.01 Mil.
Total Current Liabilities was $20.36 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.

CISO Global's current Net Income (TTM) was -4.28. ==> 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.

CISO Global's current Cash Flow from Operations (TTM) was -5.90. ==> 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)
=-4.284/27.819
=-0.15399547

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-23.015/47.539
=-0.48412882

CISO Global's return on assets of this year was -0.15399547. CISO Global's return on assets of last year was -0.48412882. ==> 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.

CISO Global's current Net Income (TTM) was -4.28. CISO Global's current Cash Flow from Operations (TTM) was -5.90. ==> -5.90 <= -4.28 ==> CFROA <= ROA ==> Score 0.

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
=0.213/25.502
=0.00835229

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.412/34.367
=0.01198824

CISO Global's gearing of this year was 0.00835229. CISO Global's gearing of last year was 0.01198824. ==> 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
=2.326/7.85
=0.29630573

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5.01/20.358
=0.2460949

CISO Global's current ratio of this year was 0.29630573. CISO Global's current ratio of last year was 0.2460949. ==> 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.

CISO Global's number of shares in issue this year was 45.179. CISO Global's number of shares in issue last year was 14.205. ==> 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
=6.862/25.664
=0.26737843

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.583/29.887
=0.18680363

CISO Global's gross margin of this year was 0.26737843. CISO Global's gross margin of last year was 0.18680363. ==> 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)
=25.664/27.819
=0.92253496

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=29.887/47.539
=0.62868382

CISO Global's asset turnover of this year was 0.92253496. CISO Global's asset turnover of last year was 0.62868382. ==> 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+0+1+1+0+1+1
=5

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

CISO Global 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 5 mean?
CISO Global (CISO) has a Piotroski F-Score of 5 as of Jul. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CISO Global and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, CISO Global's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, CISO Global ranks #1102 out of 2736 companies in the Software industry, placing it in the top 40.3%.
Is CISO Global's Piotroski F-Score too high?
CISO Global's current Piotroski F-Score of 5 is 25% above 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 Software industry median Piotroski F-Score is 5.00. CISO Global's value of 5 is 0% at this industry median. Based on the distribution chart, CISO Global ranks #1102 out of 2736 companies in the Software industry, which is above the industry midpoint. Overall, CISO Global has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CISO Global's Piotroski F-Score compare to TGHL and YQAI?
According to the Software industry distribution chart, CISO Global ranks #1102 out of 2736 companies for Piotroski F-Score. This puts CISO Global in the upper half of its industry. The industry median Piotroski F-Score is 5.00. CISO Global's value of 5 is 0% at this benchmark. Historically, CISO Global'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, CISO Global 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,736 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. CISO Global's current Piotroski F-Score of 5 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 CISO Global 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. CISO Global's current Piotroski F-Score is 5, which is 25% 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 CISO Global stock overvalued right now?
Based on GuruFocus' analysis, CISO Global (CISO) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.26, compared to a current price of $0.29 — trading 10.8% above its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Software industry median of 5.00. CISO Global's overall GF Score™ is 33/100 with 5 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 CISO Global (CISO), the current Piotroski F-Score is 5 as of Jul. 10, 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.

Is CISO Global (CISO) Overvalued in 2026?

Based on GuruFocus' analysis, CISO Global stock appears to be overvalued. The current stock price of $0.29 is trading 10.8% above its estimated GF Value™ of $0.26. GuruFocus considers CISO Global to be Modestly Overvalued.

Key valuation signals for CISO:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $0.26 vs. price of $0.29 (10.8% above fair value)
  • GF Score™: 33/100 with 5 warning signs
  • Industry Position: 0% at the Software median (#1102 of 2736)

No single metric tells the full story. See the CISO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CISO Global Business Description

Address 6900 East Camelback Road, Suite 900, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity compliance and is a software firm composed of trained and seasoned security professionals. The services are used to protect clients' data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in the U.S., Chile, and all other countries. The maximum revenue is generated from the U.S. The products and services include: security managed services, professional services, and cybersecurity software.
33GF Score

Get the complete analysis for CISO

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.29
Price
$0.26
GF Value