eXeBlock TechnologyEXXBF Piotroski F-Score is 2 as of Jul. 05, 2026, which is 33% below its 10-year median of 3.00. The stock has 1 warning sign investors should review.
Warning Sign:
Piotroski F-Score of 2 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
eXeBlock Technology has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for eXeBlock Technology's Piotroski F-Score or its related term are showing as below:
EXXBF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 5
Current: 2
During the past 10 years, the highest Piotroski F-Score of eXeBlock Technology was 5. The lowest was 1. And the median was 3.
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.
eXeBlock Technology Piotroski F-Score Related Terms
eXeBlock Technology Piotroski F-Score Historical Data
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The historical data trend for eXeBlock Technology'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.
EXXBF vs RIVF, FYNN, BBLR: Piotroski F-Score Comparison
For the Software - Application subindustry, eXeBlock Technology'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.
eXeBlock Technology Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, eXeBlock Technology's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where eXeBlock Technology'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.
eXeBlock Technology's current Net Income (TTM) was -0.20.
==> 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.
eXeBlock Technology's return on assets of this year was -0.29953917. eXeBlock Technology's return on assets of last year was -0.22559653.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
eXeBlock Technology's gearing of this year was 0. eXeBlock Technology's gearing of last year was 0.
==> 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
eXeBlock Technology's current ratio of this year was 3.52. eXeBlock Technology's current ratio of last year was 18.46428571.
==> 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.
eXeBlock Technology's number of shares in issue this year was 75.539. eXeBlock Technology's number of shares in issue last year was 66.495.
==> 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.
eXeBlock Technology's gross margin of this year was . eXeBlock Technology's gross margin of last year was .
==> 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
eXeBlock Technology's asset turnover of this year was 0. eXeBlock Technology's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
eXeBlock Technology has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
eXeBlock Technology (EXXBF) has a Piotroski F-Score of 2 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on eXeBlock Technology and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, eXeBlock Technology's Piotroski F-Score has ranged from 1.00 to 5.00.
Is eXeBlock Technology's Piotroski F-Score too high?
eXeBlock Technology's current Piotroski F-Score of 2 is 33% below 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 5.00. The Software industry median Piotroski F-Score is 5.00. eXeBlock Technology's value of 2 is 60% below this industry median.
How does eXeBlock Technology's Piotroski F-Score compare to RIVF and FYNN?
eXeBlock Technology's Piotroski F-Score of 2 can be compared against companies in the Software industry. The industry median Piotroski F-Score is 5.00. eXeBlock Technology's value of 2 is 60% below this benchmark. Historically, eXeBlock Technology's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, eXeBlock Technology 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 a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. eXeBlock Technology's current Piotroski F-Score of 2 is 60% 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 eXeBlock Technology and its competitors. For the Software 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. eXeBlock Technology's current Piotroski F-Score is 2, which is 33% below 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 eXeBlock Technology stock overvalued right now?
eXeBlock Technology (EXXBF) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Software industry median of 5.00. 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 eXeBlock Technology (EXXBF), the current Piotroski F-Score is 2 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.
eXeBlock Technology Corp designs and develops software applications. The company specializes in the development of blockchain decentralized applications, which include blockchain technology consulting and application development. It serves the gaming and telecommunication industries in Canada.
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