DKDRF (NewMed Energy LP) Piotroski F-Score: 5 (As of Jul. 14, 2026) — 17% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DKDRF NewMed Energy LP DKDRF
71 GF Score
Price $5.58
GF Value $2.86
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is NewMed Energy LP Piotroski F-Score?

NewMed Energy LP DKDRF +9.04% 71 Piotroski F-Score is 5 as of Jul. 14, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates DKDRF with a GF Score™ of 71/100 and a GF Value™ of $2.86 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 971 Oil & Gas companies, NewMed Energy LP ranks better than 62.62% 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

NewMed Energy LP 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 NewMed Energy LP's Piotroski F-Score or its related term are showing as below:

DKDRF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of NewMed Energy LP was 9. The lowest was 4. And the median was 6.

NewMed Energy LP  (OTCPK:DKDRF) 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.


NewMed Energy LP Piotroski F-Score Related Terms


NewMed Energy LP Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for NewMed Energy LP'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.

NewMed Energy LP Piotroski F-Score Chart

NewMed Energy LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 8.00 5.00 6.00 4.00

NewMed Energy LP 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 8.00 5.00 5.00 4.00 5.00

DKDRF vs COP, EOG, FANG: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, NewMed Energy LP'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.


NewMed Energy LP Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NewMed Energy LP's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where NewMed Energy LP's Piotroski F-Score falls into.


DKDRF
71GF Score
NewMed Energy LP DKDRF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 81.2 + 128.5 + 16.9 + 0.1 = $226.7 Mil.
Cash Flow from Operations was 130.9 + 81.6 + 120.6 + 158.7 = $491.8 Mil.
Revenue was 191.7 + 279 + 254.4 + 163.9 = $889.0 Mil.
Gross Profit was 115.6 + 164 + 71.9 + 11.9 = $363.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4061.8 + 3957.4 + 3953.4 + 3965.8 + 4054) / 5 = $3998.48 Mil.
Total Assets at the begining of this year (Mar25) was $4,061.8 Mil.
Long-Term Debt & Capital Lease Obligation was $1,526.0 Mil.
Total Current Assets was $453.2 Mil.
Total Current Liabilities was $213.5 Mil.
Net Income was 137 + 147 + 119.5 + 116.4 = $519.9 Mil.

Revenue was 295.3 + 313.6 + 264.2 + 287.6 = $1,160.7 Mil.
Gross Profit was 189.1 + 200.1 + 167 + 182.1 = $738.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3904 + 3908.2 + 4049.7 + 3992.3 + 4061.8) / 5 = $3983.2 Mil.
Total Assets at the begining of last year (Mar24) was $3,904.0 Mil.
Long-Term Debt & Capital Lease Obligation was $1,140.6 Mil.
Total Current Assets was $788.2 Mil.
Total Current Liabilities was $598.9 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.

NewMed Energy LP's current Net Income (TTM) was 226.7. ==> Positive ==> Score 1.

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.

NewMed Energy LP's current Cash Flow from Operations (TTM) was 491.8. ==> Positive ==> Score 1.

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)
=226.7/4061.8
=0.05581269

ROA (Last Year)=Net Income/Total Assets (Mar24)
=519.9/3904
=0.13317111

NewMed Energy LP's return on assets of this year was 0.05581269. NewMed Energy LP's return on assets of last year was 0.13317111. ==> Last year is higher ==> Score 0.

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.

NewMed Energy LP's current Net Income (TTM) was 226.7. NewMed Energy LP's current Cash Flow from Operations (TTM) was 491.8. ==> 491.8 > 226.7 ==> 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
=1526/3998.48
=0.38164503

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1140.6/3983.2
=0.28635268

NewMed Energy LP's gearing of this year was 0.38164503. NewMed Energy LP's gearing of last year was 0.28635268. ==> Last year is lower than this year ==> Score 0.

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
=453.2/213.5
=2.12271663

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=788.2/598.9
=1.31607948

NewMed Energy LP's current ratio of this year was 2.12271663. NewMed Energy LP's current ratio of last year was 1.31607948. ==> 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.

NewMed Energy LP's number of shares in issue this year was 1173.815. NewMed Energy LP's number of shares in issue last year was 1173.815. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=363.4/889
=0.4087739

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=738.3/1160.7
=0.63608167

NewMed Energy LP's gross margin of this year was 0.4087739. NewMed Energy LP's gross margin of last year was 0.63608167. ==> 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 (Mar25)
=889/4061.8
=0.21886848

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1160.7/3904
=0.29731045

NewMed Energy LP's asset turnover of this year was 0.21886848. NewMed Energy LP's asset turnover of last year was 0.29731045. ==> 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
=1+1+0+1+0+1+1+0+0
=5

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

NewMed Energy LP 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?
NewMed Energy LP (DKDRF) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NewMed Energy LP and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, NewMed Energy LP's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, NewMed Energy LP ranks #363 out of 971 companies in the Oil & Gas industry, placing it in the top 37.4%.
Is NewMed Energy LP's Piotroski F-Score too high?
NewMed Energy LP's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. NewMed Energy LP's value of 5 is 0% at this industry median. Based on the distribution chart, NewMed Energy LP ranks #363 out of 971 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NewMed Energy LP has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NewMed Energy LP's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NewMed Energy LP ranks #363 out of 971 companies for Piotroski F-Score. This puts NewMed Energy LP in the upper half of its industry. The industry median Piotroski F-Score is 5.00. NewMed Energy LP's value of 5 is 0% at this benchmark. Historically, NewMed Energy LP's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, NewMed Energy LP 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 971 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. NewMed Energy LP'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 NewMed Energy LP 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. NewMed Energy LP's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewMed Energy LP stock overvalued right now?
Based on GuruFocus' analysis, NewMed Energy LP (DKDRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.86, compared to a current price of $5.58 — trading 95.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Oil & Gas industry median of 5.00. NewMed Energy LP's overall GF Score™ is 71/100 with 4 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 NewMed Energy LP (DKDRF), the current Piotroski F-Score is 5 as of Jul. 14, 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 NewMed Energy LP (DKDRF) Overvalued in 2026?

Based on GuruFocus' analysis, NewMed Energy LP stock appears to be overvalued. The current stock price of $5.58 is trading 95.1% above its estimated GF Value™ of $2.86. GuruFocus considers NewMed Energy LP to be Significantly Overvalued.

Key valuation signals for DKDRF:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $2.86 vs. price of $5.58 (95.1% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 0% at the Oil & Gas median (#363 of 971)

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


NewMed Energy LP Business Description

Industry EnergyOil & Gas
Other Exchanges NWMD:Israel
Address 19 Abba Even Boulevard, Hertzliya Pituach, Hertzliya, ISR, 4672537
NewMed Energy LP operates in the energy field. Its primary business is exploring, developing, producing, and marketing natural gas, condensate, and oil in Israel and Cyprus and promoting various natural gas-based projects. The Partnership aims to increase the volume of its natural gas sales.
71GF Score

Get the complete analysis for DKDRF

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

$5.58
Price
$2.86
GF Value