ETST (Earth Science Tech) Piotroski F-Score: 5 (As of Jun. 28, 2026) — Near Median


ETST Earth Science Tech Inc ETST
37 GF Score
Price $0.16
GF Value $0.23
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Earth Science Tech Piotroski F-Score?

Earth Science Tech ETST +6.67% 37 Piotroski F-Score is 5 as of Jun. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates ETST with a GF Score™ of 37/100 and a GF Value™ of $0.23 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 978 Drug Manufacturers companies, Earth Science Tech ranks better than 61.66% 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

Earth Science Tech 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 Earth Science Tech's Piotroski F-Score or its related term are showing as below:

ETST' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Earth Science Tech was 8. The lowest was 2. And the median was 5.

Earth Science Tech  (OTCPK:ETST) 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.


Earth Science Tech Piotroski F-Score Related Terms


Earth Science Tech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Earth Science Tech'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.

Earth Science Tech Piotroski F-Score Chart

Earth Science Tech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 8.00 8.00 5.00

Earth Science Tech 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 6.00 5.00 6.00 5.00

ETST vs SCYX, INIS, TLPH: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Earth Science Tech'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.


Earth Science Tech Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Earth Science Tech's Piotroski F-Score distribution charts can be found below:

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


ETST
37GF Score
Earth Science Tech Inc ETST
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 0.465 + 0.967 + 0.91 + 1.289 = $3.63 Mil.
Cash Flow from Operations was 0.339 + 0.842 + -0.126 + 0.886 = $1.94 Mil.
Revenue was 8.76 + 9.051 + 8.387 + 9.498 = $35.70 Mil.
Gross Profit was 6.091 + 6.724 + 6.399 + 6.274 = $25.49 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7.067 + 7.779 + 8.667 + 8.089 + 8.969) / 5 = $8.1142 Mil.
Total Assets at the begining of this year (Mar25) was $7.07 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $3.72 Mil.
Total Current Liabilities was $1.93 Mil.
Net Income was 1.076 + 0.798 + 0.206 + 1.173 = $3.25 Mil.

Revenue was 8.569 + 8.519 + 7.353 + 8.677 = $33.12 Mil.
Gross Profit was 6.41 + 6.267 + 5.087 + 6.536 = $24.30 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3.881 + 4.772 + 5.05 + 5.708 + 7.067) / 5 = $5.2956 Mil.
Total Assets at the begining of last year (Mar24) was $3.88 Mil.
Long-Term Debt & Capital Lease Obligation was $0.07 Mil.
Total Current Assets was $3.11 Mil.
Total Current Liabilities was $3.15 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.

Earth Science Tech's current Net Income (TTM) was 3.63. ==> 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.

Earth Science Tech's current Cash Flow from Operations (TTM) was 1.94. ==> 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)
=3.631/7.067
=0.51379652

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3.253/3.881
=0.83818603

Earth Science Tech's return on assets of this year was 0.51379652. Earth Science Tech's return on assets of last year was 0.83818603. ==> 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.

Earth Science Tech's current Net Income (TTM) was 3.63. Earth Science Tech's current Cash Flow from Operations (TTM) was 1.94. ==> 1.94 <= 3.63 ==> CFROA <= ROA ==> Score 0.

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
=0/8.1142
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.069/5.2956
=0.01302969

Earth Science Tech's gearing of this year was 0. Earth Science Tech's gearing of last year was 0.01302969. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=3.721/1.929
=1.92897875

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3.111/3.146
=0.98887476

Earth Science Tech's current ratio of this year was 1.92897875. Earth Science Tech's current ratio of last year was 0.98887476. ==> 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.

Earth Science Tech's number of shares in issue this year was 291.585. Earth Science Tech's number of shares in issue last year was 295.25. ==> 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
=25.488/35.696
=0.71402958

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=24.3/33.118
=0.73373996

Earth Science Tech's gross margin of this year was 0.71402958. Earth Science Tech's gross margin of last year was 0.73373996. ==> 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)
=35.696/7.067
=5.0510825

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=33.118/3.881
=8.53336769

Earth Science Tech's asset turnover of this year was 5.0510825. Earth Science Tech's asset turnover of last year was 8.53336769. ==> 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+0+1+1+1+0+0
=5

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

Earth Science Tech 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?
Earth Science Tech (ETST) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Earth Science Tech and its competitors. This is near median its historical median of 5.00. Over the past decade, Earth Science Tech's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Earth Science Tech ranks #375 out of 978 companies in the Drug Manufacturers industry, placing it in the top 38.3%.
Is Earth Science Tech's Piotroski F-Score too high?
Earth Science Tech's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Earth Science Tech's value of 5 is 0% at this industry median. Based on the distribution chart, Earth Science Tech ranks #375 out of 978 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Earth Science Tech has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Earth Science Tech's Piotroski F-Score compare to SCYX and INIS?
According to the Drug Manufacturers industry distribution chart, Earth Science Tech ranks #375 out of 978 companies for Piotroski F-Score. This puts Earth Science Tech in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Earth Science Tech's value of 5 is 0% at this benchmark. Historically, Earth Science Tech'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 5.00 vs. the industry median of 5.00, Earth Science Tech 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 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. Earth Science Tech'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 Earth Science Tech and its competitors. For the Drug Manufacturers 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. Earth Science Tech's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Science Tech stock overvalued right now?
Based on GuruFocus' analysis, Earth Science Tech (ETST) is currently considered Possible Value Trap. The stock's GF Value™ is $0.23, compared to a current price of $0.16 — trading 30.4% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Drug Manufacturers industry median of 5.00. Earth Science Tech's overall GF Score™ is 37/100 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 Earth Science Tech (ETST), the current Piotroski F-Score is 5 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 Earth Science Tech (ETST) Overvalued in 2026?

Based on GuruFocus' analysis, Earth Science Tech stock appears to be undervalued. The current stock price of $0.16 is trading 30.4% below its estimated GF Value™ of $0.23. GuruFocus considers Earth Science Tech to be Possible Value Trap.

Key valuation signals for ETST:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $0.23 vs. price of $0.16 (30.4% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 0% at the Drug Manufacturers median (#375 of 978)

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


Earth Science Tech Business Description

Address 8950 SW 74th CT, Suite 1401, Miami, FL, USA, 33156
Earth Science Tech Inc is a diversified holding company. The company focuses on the health and wellness sector. The Company's principal operating plan is to build a vertically integrated healthcare platform that combines compounding pharmacy operations, telemedicine platforms, clinical support, and direct-to-patient fulfillment. The Company's healthcare operations are supported by investments in real estate and asset management activities and a consumer products business. The core of the Company's value proposition is the seamless integration of patient care, from consultation to fulfillment.
37GF Score

Get the complete analysis for ETST

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

$0.16
Price
$0.23
GF Value