ECLMF (Ecolomondo) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 67% Above Median


ECLMF Ecolomondo Corp ECLMF
23 GF Score
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! 3 Warning Signs
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What is Ecolomondo Piotroski F-Score?

Ecolomondo ECLMF 23 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates ECLMF with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 240 Waste Management companies, Ecolomondo ranks better than 57.92% 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

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

ECLMF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 5

During the past 9 years, the highest Piotroski F-Score of Ecolomondo was 5. The lowest was 2. And the median was 3.

Ecolomondo  (OTCPK:ECLMF) 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.


Ecolomondo Piotroski F-Score Related Terms


Ecolomondo Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ecolomondo'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.

Ecolomondo Piotroski F-Score Chart

Ecolomondo Annual Data
Trend Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 2.00 4.00 2.00 2.00 5.00

Ecolomondo Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.00 5.00 5.00 5.00

ECLMF vs WM, RSG, WCN: Piotroski F-Score Comparison

For the Waste Management subindustry, Ecolomondo'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.


Ecolomondo Piotroski F-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ecolomondo's Piotroski F-Score distribution charts can be found below:

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


ECLMF
23GF Score
Ecolomondo Corp ECLMF
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was -0.511 + -0.902 + 1.063 + -1.282 = $-1.63 Mil.
Cash Flow from Operations was 3.628 + -0.391 + -0.367 + -0.466 = $2.40 Mil.
Revenue was 0.158 + 0.135 + 0.187 + 0.3 = $0.78 Mil.
Gross Profit was 0.158 + 0.135 + 0.187 + 0.3 = $0.78 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was
(36.662 + 34.87 + 35.481 + 38.679 + 38.452) / 5 = $36.8288 Mil.
Total Assets at the begining of this year (Sep24) was $36.66 Mil.
Long-Term Debt & Capital Lease Obligation was $31.28 Mil.
Total Current Assets was $0.61 Mil.
Total Current Liabilities was $6.05 Mil.
Net Income was -2.716 + -1.132 + -0.323 + -0.963 = $-5.13 Mil.

Revenue was 0.032 + 0.078 + 0.09 + 0.117 = $0.32 Mil.
Gross Profit was 0.032 + 0.078 + 0.09 + 0.117 = $0.32 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was
(34.738 + 33.681 + 33.995 + 34.958 + 36.662) / 5 = $34.8068 Mil.
Total Assets at the begining of last year (Sep23) was $34.74 Mil.
Long-Term Debt & Capital Lease Obligation was $30.63 Mil.
Total Current Assets was $1.30 Mil.
Total Current Liabilities was $5.57 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.

Ecolomondo's current Net Income (TTM) was -1.63. ==> 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.

Ecolomondo's current Cash Flow from Operations (TTM) was 2.40. ==> 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 (Sep24)
=-1.632/36.662
=-0.04451476

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-5.134/34.738
=-0.14779204

Ecolomondo's return on assets of this year was -0.04451476. Ecolomondo's return on assets of last year was -0.14779204. ==> 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.

Ecolomondo's current Net Income (TTM) was -1.63. Ecolomondo's current Cash Flow from Operations (TTM) was 2.40. ==> 2.40 > -1.63 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=31.282/36.8288
=0.84938961

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=30.625/34.8068
=0.87985681

Ecolomondo's gearing of this year was 0.84938961. Ecolomondo's gearing of last year was 0.87985681. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=0.614/6.053
=0.1014373

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=1.302/5.568
=0.23383621

Ecolomondo's current ratio of this year was 0.1014373. Ecolomondo's current ratio of last year was 0.23383621. ==> 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.

Ecolomondo's number of shares in issue this year was 220.598. Ecolomondo's number of shares in issue last year was 216.641. ==> 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
=0.78/0.78
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.317/0.317
=1

Ecolomondo's gross margin of this year was 1. Ecolomondo's gross margin of last year was 1. ==> 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 (Sep24)
=0.78/36.662
=0.02127544

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=0.317/34.738
=0.00912545

Ecolomondo's asset turnover of this year was 0.02127544. Ecolomondo's asset turnover of last year was 0.00912545. ==> 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+1+1+1+1+0+0+0+1
=5

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

Ecolomondo 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?
Ecolomondo (ECLMF) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ecolomondo and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Ecolomondo's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Ecolomondo ranks #101 out of 240 companies in the Waste Management industry, placing it in the top 42.1%.
Is Ecolomondo's Piotroski F-Score too high?
Ecolomondo's current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Waste Management industry median Piotroski F-Score is 5.00. Ecolomondo's value of 5 is 0% at this industry median. Based on the distribution chart, Ecolomondo ranks #101 out of 240 companies in the Waste Management industry, which is above the industry midpoint. Overall, Ecolomondo has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Ecolomondo's Piotroski F-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Ecolomondo ranks #101 out of 240 companies for Piotroski F-Score. This puts Ecolomondo in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ecolomondo's value of 5 is 0% at this benchmark. Historically, Ecolomondo's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Ecolomondo 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 Waste Management company?
The median Piotroski F-Score among Waste Management companies is 5.00, based on 240 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. Ecolomondo'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 Ecolomondo and its competitors. For the Waste Management 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. Ecolomondo's current Piotroski F-Score is 5, which is 67% 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 Ecolomondo stock overvalued right now?
Ecolomondo (ECLMF) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Waste Management industry median of 5.00. Ecolomondo's overall GF Score™ is 23/100 with 3 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 Ecolomondo (ECLMF), the current Piotroski F-Score is 5 as of Jun. 24, 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.

Ecolomondo Business Description

Other Exchanges ECM.H:Canada
Address 217 Migneron Street, Montreal, QC, CAN, H4T 1W8
Ecolomondo Corp is a cleantech company focused on the deployment of TDP turnkey facilities using its proprietary Thermal Decomposition Process (TDP), a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas, and steel. Geographically, the company generates maximum revenue from its business in Canada, and the rest from the United States. It generates maximum revenue from the sale of carbon oil, followed by TDP oil, steel, and other commodities derived from hydrocarbon waste at its TDP facilities.
23GF Score

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