BrainChip HoldingsFRA:24YA -1.57%33 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates FRA:24YA with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 989 Semiconductors companies, BrainChip Holdings ranks better than 80.08% 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
BrainChip Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for BrainChip Holdings's Piotroski F-Score or its related term are showing as below:
FRA:24YA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 6
Current: 6
During the past 13 years, the highest Piotroski F-Score of BrainChip Holdings was 6. The lowest was 1. And the median was 4.
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.
BrainChip Holdings Piotroski F-Score Related Terms
BrainChip Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for BrainChip Holdings'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.
FRA:24YA vs NVDA, AVGO, MU: Piotroski F-Score Comparison
For the Semiconductors subindustry, BrainChip Holdings'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.
BrainChip Holdings Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, BrainChip Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where BrainChip Holdings'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.
BrainChip Holdings's current Net Income (TTM) was -17.48.
==> 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.
BrainChip Holdings's return on assets of this year was -0.79427533. BrainChip Holdings's return on assets of last year was -1.26071216.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
BrainChip Holdings's gearing of this year was 0.01199875. BrainChip Holdings's gearing of last year was 0.03371424.
==> 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
BrainChip Holdings's current ratio of this year was 11.39749798. BrainChip Holdings's current ratio of last year was 9.27199282.
==> 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.
BrainChip Holdings's number of shares in issue this year was 53.051. BrainChip Holdings's number of shares in issue last year was 49.105.
==> 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.
BrainChip Holdings's gross margin of this year was 0.14028554. BrainChip Holdings's gross margin of last year was -0.33947368.
==> 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
BrainChip Holdings's asset turnover of this year was 0.073194. BrainChip Holdings's asset turnover of last year was 0.02053277.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
BrainChip Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
BrainChip Holdings (FRA:24YA) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BrainChip Holdings and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, BrainChip Holdings' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, BrainChip Holdings ranks #197 out of 989 companies in the Semiconductors industry, placing it in the top 19.9%.
Is BrainChip Holdings' Piotroski F-Score too high?
BrainChip Holdings' current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Semiconductors industry median Piotroski F-Score is 5.00. BrainChip Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, BrainChip Holdings ranks #197 out of 989 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, BrainChip Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does BrainChip Holdings' Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, BrainChip Holdings ranks #197 out of 989 companies for Piotroski F-Score. This places BrainChip Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. BrainChip Holdings' value of 6 is 20% above this benchmark. Historically, BrainChip Holdings' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, BrainChip Holdings 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. BrainChip Holdings's current Piotroski F-Score of 6 is 20% 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 BrainChip Holdings and its competitors. For the Semiconductors 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. BrainChip Holdings's current Piotroski F-Score is 6, which is 50% 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 BrainChip Holdings stock overvalued right now?
BrainChip Holdings (FRA:24YA) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Semiconductors industry median of 5.00. BrainChip Holdings' overall GF Score™ is 33/100 with 1 warning sign 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 BrainChip Holdings (FRA:24YA), the current Piotroski F-Score is 6 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.
BrainChip Holdings Ltd is engaged in the development of software and hardware accelerated solutions for artificial intelligence and machine learning applications. The company is working on the development of its Akida Neuromorphic Processor to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications. Its products are Akida IP, Akida 2nd Generation, MetaTF, Akida1000 Ref SoC, and Akida Enablement Platforms. It operates through one segment namely, the technological development of designs.
33GF Score
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