ESGFF (Ora Banda Mining) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 100% Above Median


ESGFF Ora Banda Mining Ltd ESGFF
49 GF Score
Price $0.77
GF Value $1.20
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ora Banda Mining Piotroski F-Score?

Ora Banda Mining ESGFF 49 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates ESGFF with a GF Score™ of 49/100 and a GF Value™ of $1.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,508 Metals & Mining companies, Ora Banda Mining ranks better than 99% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Ora Banda Mining has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

ESGFF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ora Banda Mining was 8. The lowest was 2. And the median was 4.

Ora Banda Mining  (OTCPK:ESGFF) 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.


Ora Banda Mining Piotroski F-Score Related Terms


Ora Banda Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ora Banda Mining'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.

Ora Banda Mining Piotroski F-Score Chart

Ora Banda Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 5.00 3.00 7.00 8.00

Ora Banda Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 7.00 0.00 8.00 0.00

ESGFF vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Ora Banda Mining'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.


Ora Banda Mining Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ora Banda Mining's Piotroski F-Score distribution charts can be found below:

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


ESGFF
49GF Score
Ora Banda Mining Ltd ESGFF
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $121.1 Mil.
Cash Flow from Operations was $124.0 Mil.
Revenue was $263.2 Mil.
Gross Profit was $144.2 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (130.021 + 289.337) / 2 = $209.679 Mil.
Total Assets at the begining of this year (Jun24) was $130.0 Mil.
Long-Term Debt & Capital Lease Obligation was $7.9 Mil.
Total Current Assets was $87.2 Mil.
Total Current Liabilities was $79.9 Mil.
Net Income was $18.3 Mil.

Revenue was $142.3 Mil.
Gross Profit was $35.3 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (76.926 + 130.021) / 2 = $103.4735 Mil.
Total Assets at the begining of last year (Jun23) was $76.9 Mil.
Long-Term Debt & Capital Lease Obligation was $8.8 Mil.
Total Current Assets was $37.2 Mil.
Total Current Liabilities was $44.6 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.

Ora Banda Mining's current Net Income (TTM) was 121.1. ==> 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.

Ora Banda Mining's current Cash Flow from Operations (TTM) was 124.0. ==> 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 (Jun24)
=121.146/130.021
=0.9317418

ROA (Last Year)=Net Income/Total Assets (Jun23)
=18.306/76.926
=0.23796896

Ora Banda Mining's return on assets of this year was 0.9317418. Ora Banda Mining's return on assets of last year was 0.23796896. ==> 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.

Ora Banda Mining's current Net Income (TTM) was 121.1. Ora Banda Mining's current Cash Flow from Operations (TTM) was 124.0. ==> 124.0 > 121.1 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=7.89/209.679
=0.03762895

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=8.762/103.4735
=0.08467869

Ora Banda Mining's gearing of this year was 0.03762895. Ora Banda Mining's gearing of last year was 0.08467869. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=87.158/79.895
=1.09090682

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=37.201/44.583
=0.83442119

Ora Banda Mining's current ratio of this year was 1.09090682. Ora Banda Mining's current ratio of last year was 0.83442119. ==> 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.

Ora Banda Mining's number of shares in issue this year was 1898.776. Ora Banda Mining's number of shares in issue last year was 1875.442. ==> 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
=144.173/263.211
=0.54774686

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=35.296/142.255
=0.24811782

Ora Banda Mining's gross margin of this year was 0.54774686. Ora Banda Mining's gross margin of last year was 0.24811782. ==> 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 (Jun24)
=263.211/130.021
=2.02437299

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=142.255/76.926
=1.84924473

Ora Banda Mining's asset turnover of this year was 2.02437299. Ora Banda Mining's asset turnover of last year was 1.84924473. ==> 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
=1+1+1+1+1+1+0+1+1
=8

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

Ora Banda Mining has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Ora Banda Mining (ESGFF) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ora Banda Mining and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Ora Banda Mining's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Ora Banda Mining ranks #25 out of 2508 companies in the Metals & Mining industry, placing it in the top 1%.
Is Ora Banda Mining's Piotroski F-Score too high?
Ora Banda Mining's current Piotroski F-Score of 8 is 100% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Ora Banda Mining's value of 8 is 166.7% above this industry median. Based on the distribution chart, Ora Banda Mining ranks #25 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ora Banda Mining has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ora Banda Mining's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ora Banda Mining ranks #25 out of 2508 companies for Piotroski F-Score. This places Ora Banda Mining in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Ora Banda Mining's value of 8 is 166.7% above this benchmark. Historically, Ora Banda Mining's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Ora Banda Mining has consistently been above 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 2,508 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. Ora Banda Mining's current Piotroski F-Score of 8 is 166.7% above 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 Ora Banda Mining 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. Ora Banda Mining's current Piotroski F-Score is 8, which is 100% 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 Ora Banda Mining stock overvalued right now?
Based on GuruFocus' analysis, Ora Banda Mining (ESGFF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.20, compared to a current price of $0.77 — trading 35.8% below its estimated fair value. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 166.7% above the Metals & Mining industry median of 3.00. Ora Banda Mining's overall GF Score™ is 49/100 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 Ora Banda Mining (ESGFF), the current Piotroski F-Score is 8 as of Jun. 28, 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 Ora Banda Mining (ESGFF) Overvalued in 2026?

Based on GuruFocus' analysis, Ora Banda Mining stock appears to be undervalued. The current stock price of $0.77 is trading 35.8% below its estimated GF Value™ of $1.20. GuruFocus considers Ora Banda Mining to be Possible Value Trap.

Key valuation signals for ESGFF:

  • Piotroski F-Score: 8 (100% above median its 10-year median of 4.00)
  • GF Value™: $1.20 vs. price of $0.77 (35.8% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 166.7% above the Metals & Mining median (#25 of 2508)

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


Ora Banda Mining Business Description

Other Exchanges M6N:GermanyOBM:Australia
Address 1 Hood Street, Level 2, Subiaco, Perth, WA, AUS, 6008
Ora Banda Mining Ltd operates as an exploration and production company in Australia. The company is focused on mineral exploration, mining operations, mine development, and the sale of gold in Western Australia. It owns an interest in the Davyhurst Project located to the northwest of Kalgoorlie within the Eastern Goldfields of Western Australia. Some of the projects of the company are Riverina, Callion, Siberia, Lady Ida, and Others.
49GF Score

Get the complete analysis for ESGFF

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

$0.77
Price
$1.20
GF Value