EHGO (Eshallgo) Piotroski F-Score: 1 (As of Jul. 05, 2026) — 83% Below Median


EHGO Eshallgo Inc EHGO
35 GF Score
Price $2.11
! 7 Warning Signs
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What is Eshallgo Piotroski F-Score?

Eshallgo EHGO -19.38% 35 Piotroski F-Score is 1 as of Jul. 05, 2026, which is 83% below its 10-year median of 6.00. GuruFocus rates EHGO with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 2,978 Industrial Products companies, Eshallgo ranks worse than 98.39% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Eshallgo has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

EHGO' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 7
Current: 1

During the past 6 years, the highest Piotroski F-Score of Eshallgo was 7. The lowest was 1. And the median was 6.

Eshallgo  (NAS:EHGO) 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.


Eshallgo Piotroski F-Score Related Terms


Eshallgo Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Eshallgo'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.

Eshallgo Piotroski F-Score Chart

Eshallgo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 5.00 7.00 1.00

Eshallgo Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 7.00 0.00 1.00 0.00

EHGO vs CVAT, BNET, EESH: Piotroski F-Score Comparison

For the Business Equipment & Supplies subindustry, Eshallgo'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.


Eshallgo Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eshallgo's Piotroski F-Score distribution charts can be found below:

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


EHGO
35GF Score
Eshallgo Inc EHGO
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was $-10.80 Mil.
Cash Flow from Operations was $-1.28 Mil.
Revenue was $13.47 Mil.
Gross Profit was $3.10 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (19.687 + 24.809) / 2 = $22.248 Mil.
Total Assets at the begining of this year (Mar24) was $19.69 Mil.
Long-Term Debt & Capital Lease Obligation was $0.26 Mil.
Total Current Assets was $22.97 Mil.
Total Current Liabilities was $7.87 Mil.
Net Income was $0.01 Mil.

Revenue was $16.96 Mil.
Gross Profit was $4.57 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (20.695 + 19.687) / 2 = $20.191 Mil.
Total Assets at the begining of last year (Mar23) was $20.70 Mil.
Long-Term Debt & Capital Lease Obligation was $0.19 Mil.
Total Current Assets was $18.07 Mil.
Total Current Liabilities was $2.39 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.

Eshallgo's current Net Income (TTM) was -10.80. ==> 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.

Eshallgo's current Cash Flow from Operations (TTM) was -1.28. ==> 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 (Mar24)
=-10.798/19.687
=-0.54848377

ROA (Last Year)=Net Income/Total Assets (Mar23)
=0.009/20.695
=0.00043489

Eshallgo's return on assets of this year was -0.54848377. Eshallgo's return on assets of last year was 0.00043489. ==> 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.

Eshallgo's current Net Income (TTM) was -10.80. Eshallgo's current Cash Flow from Operations (TTM) was -1.28. ==> -1.28 > -10.80 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.259/22.248
=0.0116415

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.187/20.191
=0.00926155

Eshallgo's gearing of this year was 0.0116415. Eshallgo's gearing of last year was 0.00926155. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=22.971/7.866
=2.92028986

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=18.074/2.386
=7.57502096

Eshallgo's current ratio of this year was 2.92028986. Eshallgo's current ratio of last year was 7.57502096. ==> 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.

Eshallgo's number of shares in issue this year was 1.381. Eshallgo's number of shares in issue last year was 1.358. ==> 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
=3.102/13.472
=0.23025534

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4.571/16.964
=0.26945296

Eshallgo's gross margin of this year was 0.23025534. Eshallgo's gross margin of last year was 0.26945296. ==> 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 (Mar24)
=13.472/19.687
=0.68430944

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=16.964/20.695
=0.81971491

Eshallgo's asset turnover of this year was 0.68430944. Eshallgo's asset turnover of last year was 0.81971491. ==> 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+0+1+0+0+0+0+0
=1

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

Eshallgo has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
Eshallgo (EHGO) has a Piotroski F-Score of 1 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Eshallgo and its competitors. This is 83% below median its historical median of 6.00. Over the past decade, Eshallgo's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Eshallgo ranks #2930 out of 2978 companies in the Industrial Products industry, placing it in the top 98.4%.
Is Eshallgo's Piotroski F-Score too high?
Eshallgo's current Piotroski F-Score of 1 is 83% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Eshallgo's value of 1 is 80% below this industry median. Based on the distribution chart, Eshallgo ranks #2930 out of 2978 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Eshallgo has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Eshallgo's Piotroski F-Score compare to CVAT and BNET?
According to the Industrial Products industry distribution chart, Eshallgo ranks #2930 out of 2978 companies for Piotroski F-Score. This places Eshallgo in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Eshallgo's value of 1 is 80% below this benchmark. Historically, Eshallgo's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Eshallgo 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,978 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. Eshallgo's current Piotroski F-Score of 1 is 80% 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 Eshallgo and its competitors. For the Industrial Products 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. Eshallgo's current Piotroski F-Score is 1, which is 83% 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 Eshallgo stock overvalued right now?
Eshallgo (EHGO) has a current Piotroski F-Score of 1. The current Piotroski F-Score is 1, which is 83% below median its 10-year median of 6.00 and 80% below the Industrial Products industry median of 5.00. Eshallgo's overall GF Score™ is 35/100 with 7 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 Eshallgo (EHGO), the current Piotroski F-Score is 1 as of Jul. 05, 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.

Eshallgo Business Description

Address Lane 97, Songlin Road, No. 37, Haiyi Villa, Pudong New District, Shanghai, CHN, 200120
Eshallgo Inc. focuses on two distinct market sectors: office supply sale and leasing, and after-sale maintenance and repair. It is an authorized distributor of brands of office equipment, including HP, Epson, Xerox, Sharp, Toshiba, Konica, Kyocera, and other brands.
35GF Score

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

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