Bellavista Resources (FRA:365) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


FRA:365 Bellavista Resources Ltd FRA:365
14 GF Score
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What is Bellavista Resources Piotroski F-Score?

Bellavista Resources FRA:365 -3.95% 14 Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. GuruFocus rates FRA:365 with a GF Score™ of 14/100. Among 2,511 Metals & Mining companies, Bellavista Resources ranks better than 78.22% 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

Bellavista Resources has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

FRA:365' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 4
Current: 4

During the past 3 years, the highest Piotroski F-Score of Bellavista Resources was 4. The lowest was 4. And the median was 4.

Bellavista Resources  (FRA:365) 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.


Bellavista Resources Piotroski F-Score Related Terms


Bellavista Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bellavista Resources'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.

Bellavista Resources Piotroski F-Score Chart

Bellavista Resources Annual Data
Trend Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 4.00

Bellavista Resources Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 0.00 N/A 0.00 4.00 0.00

Bellavista Resources Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bellavista Resources'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.


Bellavista Resources Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where Bellavista Resources's Piotroski F-Score falls into.


FRA:365
14GF Score
Bellavista Resources Ltd FRA:365
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 €-0.89 Mil.
Cash Flow from Operations was €-0.80 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (3.765 + 5.678) / 2 = €4.7215 Mil.
Total Assets at the begining of this year (Jun24) was €3.77 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €2.49 Mil.
Total Current Liabilities was €0.13 Mil.
Net Income was €-1.28 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (4.131 + 3.765) / 2 = €3.948 Mil.
Total Assets at the begining of last year (Jun23) was €4.13 Mil.
Long-Term Debt & Capital Lease Obligation was €0.03 Mil.
Total Current Assets was €0.64 Mil.
Total Current Liabilities was €0.21 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.

Bellavista Resources's current Net Income (TTM) was -0.89. ==> 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.

Score 1 if positive, 0 if negative.

Bellavista Resources's current Cash Flow from Operations (TTM) was -0.80. ==> Negative ==> Score 0.

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)
=-0.891/3.765
=-0.23665339

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-1.278/4.131
=-0.30936819

Bellavista Resources's return on assets of this year was -0.23665339. Bellavista Resources's return on assets of last year was -0.30936819. ==> 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.

Bellavista Resources's current Net Income (TTM) was -0.89. Bellavista Resources's current Cash Flow from Operations (TTM) was -0.80. ==> -0.80 > -0.89 ==> 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
=0.003/4.7215
=0.00063539

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0.027/3.948
=0.00683891

Bellavista Resources's gearing of this year was 0.00063539. Bellavista Resources's gearing of last year was 0.00683891. ==> 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
=2.485/0.134
=18.54477612

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=0.636/0.205
=3.10243902

Bellavista Resources's current ratio of this year was 18.54477612. Bellavista Resources's current ratio of last year was 3.10243902. ==> 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.

Bellavista Resources's number of shares in issue this year was 87.846. Bellavista Resources's number of shares in issue last year was 76.306. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Bellavista Resources's gross margin of this year was . Bellavista Resources'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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=0/3.765
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0/4.131
=0

Bellavista Resources's asset turnover of this year was 0. Bellavista Resources's asset turnover of last year was 0. ==> 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
=0+0+1+1+1+1+0+0+0
=4

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

Bellavista Resources has an F-score of 4 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 4 mean?
Bellavista Resources (FRA:365) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bellavista Resources and its competitors. This is near median its historical median of 4.00. Over the past decade, Bellavista Resources' Piotroski F-Score has ranged from 4.00 to 4.00. According to the industry distribution chart, Bellavista Resources ranks #547 out of 2511 companies in the Metals & Mining industry, placing it in the top 21.8%.
Is Bellavista Resources' Piotroski F-Score too high?
Bellavista Resources' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Bellavista Resources' value of 4 is 33.3% above this industry median. Based on the distribution chart, Bellavista Resources ranks #547 out of 2511 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Bellavista Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Bellavista Resources' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Bellavista Resources ranks #547 out of 2511 companies for Piotroski F-Score. This places Bellavista Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Bellavista Resources' value of 4 is 33.3% above this benchmark. Historically, Bellavista Resources' own Piotroski F-Score has ranged from 4.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Bellavista Resources 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 2,511 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. Bellavista Resources's current Piotroski F-Score of 4 is 33.3% 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 Bellavista Resources 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. Bellavista Resources's current Piotroski F-Score is 4, which is near 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 Bellavista Resources stock overvalued right now?
Bellavista Resources (FRA:365) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% above the Metals & Mining industry median of 3.00. Bellavista Resources' overall GF Score™ is 14/100. 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 Bellavista Resources (FRA:365), the current Piotroski F-Score is 4 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.

Bellavista Resources Business Description

Other Exchanges BVR:Australia
Address 8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Bellavista Resources Ltd is an Australian mineral exploration company focused on identifying and advancing base metal, battery mineral, and precious metal deposits in Western Australia. Its projects include areas prospective for zinc, copper, silver, nickel, platinum group elements, and uranium. The company holds a land position in an emerging mining district with multiple exploration projects, such as the Brumby Deposit and Vernon Base Metals. Bellavista generates revenue through exploration activities aimed at advancing these mineral resources for potential development. The majority of operations are centered in Western Australia.
14GF Score

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

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