Electric RoyaltiesELECF -2.11%20 Piotroski F-Score is 3 as of Jun. 25, 2026, which is at its 10-year median of 3.00. GuruFocus rates ELECF with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 2,510 Metals & Mining companies, Electric Royalties ranks better than 59.16% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
Electric Royalties has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Electric Royalties's Piotroski F-Score or its related term are showing as below:
ELECF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 4
Current: 3
During the past 7 years, the highest Piotroski F-Score of Electric Royalties was 4. The lowest was 1. And the median was 3.
Electric Royalties (OTCPK:ELECF) 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.
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.
Electric Royalties Piotroski F-Score Related Terms
Electric Royalties Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Electric Royalties'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.
Electric Royalties Piotroski F-Score Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Electric Royalties'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.
Electric Royalties Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Electric Royalties's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Electric Royalties's Piotroski F-Score falls into.
* 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.
*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.
Electric Royalties's current Net Income (TTM) was -6.56.
==> 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.
Electric Royalties's return on assets of this year was -0.45380998. Electric Royalties's return on assets of last year was -0.35769782.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Electric Royalties's gearing of this year was 0.54280493. Electric Royalties's gearing of last year was 0.44512127.
==> 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
Electric Royalties's current ratio of this year was 4.88435374. Electric Royalties's current ratio of last year was 4.93835616.
==> 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.
Electric Royalties's number of shares in issue this year was 129.912. Electric Royalties's number of shares in issue last year was 114.48.
==> 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.
Electric Royalties's gross margin of this year was 0.45519713. Electric Royalties's gross margin of last year was 0.41237113.
==> 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
Electric Royalties's asset turnover of this year was 0.01929194. Electric Royalties's asset turnover of last year was 0.00731689.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Electric Royalties has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Electric Royalties (ELECF) has a Piotroski F-Score of 3 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Electric Royalties and its competitors. This is near median its historical median of 3.00. Over the past decade, Electric Royalties' Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Electric Royalties ranks #1025 out of 2510 companies in the Metals & Mining industry, placing it in the top 40.8%.
Is Electric Royalties' Piotroski F-Score too high?
Electric Royalties' current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Electric Royalties' value of 3 is 0% at this industry median. Based on the distribution chart, Electric Royalties ranks #1025 out of 2510 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Electric Royalties has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Electric Royalties' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Electric Royalties ranks #1025 out of 2510 companies for Piotroski F-Score. This puts Electric Royalties in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Electric Royalties' value of 3 is 0% at this benchmark. Historically, Electric Royalties' own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Electric Royalties 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,510 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. Electric Royalties's current Piotroski F-Score of 3 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 Electric Royalties and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electric Royalties's current Piotroski F-Score is 3, which is near 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 Electric Royalties stock overvalued right now?
Electric Royalties (ELECF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 0% at the Metals & Mining industry median of 3.00. Electric Royalties' overall GF Score™ is 20/100 with 6 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 Electric Royalties (ELECF), the current Piotroski F-Score is 3 as of Jun. 25, 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.
Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc, and copper) that will benefit from the drive toward electrification of a variety of consumer products: artificial intelligence, cars, rechargeable batteries, large-scale energy storage, renewable energy generation, and other applications. The company is focused predominantly on acquiring royalties on operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the infrastructure over the next several decades towards a decarbonized economy.
20GF Score
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