Kodal Minerals (FRA:7UE) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 33% Above Median


What is Kodal Minerals Piotroski F-Score?

Kodal Minerals FRA:7UE Piotroski F-Score is 4 as of Jun. 27, 2026, which is 33% above its 10-year median of 3.00. The stock has 1 warning sign investors should review. Among 2,512 Metals & Mining companies, Kodal Minerals 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

Kodal Minerals 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 Kodal Minerals's Piotroski F-Score or its related term are showing as below:

FRA:7UE' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 4
Current: 4

During the past 13 years, the highest Piotroski F-Score of Kodal Minerals was 4. The lowest was 2. And the median was 3.

Kodal Minerals  (FRA:7UE) 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.


Kodal Minerals Piotroski F-Score Related Terms


Kodal Minerals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kodal Minerals'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.

Kodal Minerals Piotroski F-Score Chart

Kodal Minerals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 3.00 2.00 4.00

Kodal Minerals Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 4.00 0.00 2.00 0.00

Kodal Minerals Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Kodal Minerals'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.


Kodal Minerals Piotroski F-Score vs Metals & Mining Industry

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

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


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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was €31.78 Mil.
Cash Flow from Operations was €-3.16 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was (17.777 + 67.299) / 2 = €42.538 Mil.
Total Assets at the begining of this year (Mar23) was €17.78 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €23.19 Mil.
Total Current Liabilities was €0.16 Mil.
Net Income was €-1.66 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was (14.95 + 17.777) / 2 = €16.3635 Mil.
Total Assets at the begining of last year (Mar22) was €14.95 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €1.21 Mil.
Total Current Liabilities was €0.91 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.

Kodal Minerals's current Net Income (TTM) was 31.78. ==> 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.

Kodal Minerals's current Cash Flow from Operations (TTM) was -3.16. ==> 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 (Mar23)
=31.78/17.777
=1.78770321

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-1.656/14.95
=-0.11076923

Kodal Minerals's return on assets of this year was 1.78770321. Kodal Minerals's return on assets of last year was -0.11076923. ==> 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.

Kodal Minerals's current Net Income (TTM) was 31.78. Kodal Minerals's current Cash Flow from Operations (TTM) was -3.16. ==> -3.16 <= 31.78 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0/42.538
=0

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=0/16.3635
=0

Kodal Minerals's gearing of this year was 0. Kodal Minerals'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

Current Ratio (This Year: Mar24)=Total Current Assets/Total Current Liabilities
=23.185/0.162
=143.11728395

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1.212/0.907
=1.33627343

Kodal Minerals's current ratio of this year was 143.11728395. Kodal Minerals's current ratio of last year was 1.33627343. ==> 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.

Kodal Minerals's number of shares in issue this year was 19000.276. Kodal Minerals's number of shares in issue last year was 16812.417. ==> 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
=

Kodal Minerals's gross margin of this year was . Kodal Minerals'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 (Mar23)
=0/17.777
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=0/14.95
=0

Kodal Minerals's asset turnover of this year was 0. Kodal Minerals'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
=1+0+1+0+1+1+0+0+0
=4

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

Kodal Minerals 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?
Kodal Minerals (FRA:7UE) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kodal Minerals and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Kodal Minerals' Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Kodal Minerals ranks #547 out of 2512 companies in the Metals & Mining industry, placing it in the top 21.8%.
Is Kodal Minerals' Piotroski F-Score too high?
Kodal Minerals' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Kodal Minerals' value of 4 is 33.3% above this industry median. Based on the distribution chart, Kodal Minerals ranks #547 out of 2512 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Kodal Minerals' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Kodal Minerals ranks #547 out of 2512 companies for Piotroski F-Score. This places Kodal Minerals in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Kodal Minerals' value of 4 is 33.3% above this benchmark. Historically, Kodal Minerals' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Kodal Minerals 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 2,512 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. Kodal Minerals'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 Kodal Minerals 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. Kodal Minerals's current Piotroski F-Score is 4, which is 33% above 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 Kodal Minerals stock overvalued right now?
Kodal Minerals (FRA:7UE) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% above the Metals & Mining industry median of 3.00. 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 Kodal Minerals (FRA:7UE), the current Piotroski F-Score is 4 as of Jun. 27, 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.

Kodal Minerals Business Description

Other Exchanges KOD:UK
Address 35-39 Maddox Street, Prince Frederick House, London, GBR, W1S 2PP
Kodal Minerals PLC is a mining and exploration company that acquires or discovers and develops mineral assets. Its operating segments include the West African Gold Projects, the West African Lithium Projects, and the UK administration operations.