PLC Resources (FRA:K30) Piotroski F-Score: 2 (As of Jun. 29, 2026) — Near Median


What is PLC Resources Piotroski F-Score?

PLC Resources FRA:K30 -12.90% Piotroski F-Score is 2 as of Jun. 29, 2026, which is at its 10-year median of 2.00. The stock has 3 warning signs investors should review. Among 2,508 Metals & Mining companies, PLC Resources ranks worse than 73.96% on this metric.

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

PLC Resources has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

FRA:K30' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 2   Max: 3
Current: 2

During the past 5 years, the highest Piotroski F-Score of PLC Resources was 3. The lowest was 2. And the median was 2.

PLC Resources  (FRA:K30) 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.


PLC Resources Piotroski F-Score Related Terms


PLC Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PLC 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.

PLC Resources Piotroski F-Score Chart

PLC Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 2.00 3.00 2.00

PLC Resources Quarterly Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 0.00 3.00 0.00 2.00 0.00

PLC Resources Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PLC 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.


PLC Resources Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where PLC Resources'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 (Dec25) TTM:Last Year (Dec23) TTM:
Net Income was -2.55 + -2.688 + -1.1 + -0.511 = €-6.85 Mil.
Cash Flow from Operations was -1.601 + 0.075 + -0.507 + -0.415 = €-2.45 Mil.
Revenue was -0.067 + 0 + 0 + 0 = €-0.07 Mil.
Gross Profit was -0.067 + 0 + 0 + 0 = €-0.07 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec25) was
(9.524 + 5.562 + 4 + 2.832 + 4.264) / 5 = €5.2364 Mil.
Total Assets at the begining of this year (Dec23) was €9.52 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €1.63 Mil.
Total Current Liabilities was €0.35 Mil.
Net Income was 0 + -3.689 + -4.691 + -6.078 = €-14.46 Mil.

Revenue was 0 + 1.973 + 1.134 + 0.569 = €3.68 Mil.
Gross Profit was 0 + 1.973 + 1.134 + 0.569 = €3.68 Mil.
Average Total Assets from the begining of last year (Jun21)
to the end of last year (Dec23) was
(26.716 + 17.483 + 17.582 + 15.704 + 9.524) / 5 = €17.4018 Mil.
Total Assets at the begining of last year (Jun21) was €26.72 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €7.51 Mil.
Total Current Liabilities was €2.05 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.

PLC Resources's current Net Income (TTM) was -6.85. ==> 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.

PLC Resources's current Cash Flow from Operations (TTM) was -2.45. ==> 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 (Dec23)
=-6.849/9.524
=-0.71913062

ROA (Last Year)=Net Income/Total Assets (Jun21)
=-14.458/26.716
=-0.54117383

PLC Resources's return on assets of this year was -0.71913062. PLC Resources's return on assets of last year was -0.54117383. ==> 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.

PLC Resources's current Net Income (TTM) was -6.85. PLC Resources's current Cash Flow from Operations (TTM) was -2.45. ==> -2.45 > -6.85 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec25
=0/5.2364
=0

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Dec23
=0/17.4018
=0

PLC Resources's gearing of this year was 0. PLC Resources'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: Dec25)=Total Current Assets/Total Current Liabilities
=1.634/0.354
=4.61581921

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=7.513/2.053
=3.65952265

PLC Resources's current ratio of this year was 4.61581921. PLC Resources's current ratio of last year was 3.65952265. ==> 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.

PLC Resources's number of shares in issue this year was 511.161. PLC Resources's number of shares in issue last year was 114.312. ==> 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
=-0.067/-0.067
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.676/3.676
=1

PLC Resources's gross margin of this year was 1. PLC Resources's gross margin of last year was 1. ==> 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 (Dec23)
=-0.067/9.524
=-0.00703486

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun21)
=3.676/26.716
=0.13759545

PLC Resources's asset turnover of this year was -0.00703486. PLC Resources's asset turnover of last year was 0.13759545. ==> 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+0+1+1+1+0+0+0
=3

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

PLC Resources has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
PLC Resources (FRA:K30) has a Piotroski F-Score of 2 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PLC Resources and its competitors. This is near median its historical median of 2.00. Over the past decade, PLC Resources' Piotroski F-Score has ranged from 2.00 to 3.00. According to the industry distribution chart, PLC Resources ranks #1855 out of 2508 companies in the Metals & Mining industry, placing it in the top 74%.
Is PLC Resources' Piotroski F-Score too high?
PLC Resources' current Piotroski F-Score of 2 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 3.00. The Metals & Mining industry median Piotroski F-Score is 3.00. PLC Resources' value of 2 is 33.3% below this industry median. Based on the distribution chart, PLC Resources ranks #1855 out of 2508 companies in the Metals & Mining industry, which is below the industry midpoint.
How does PLC Resources' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, PLC Resources ranks #1855 out of 2508 companies for Piotroski F-Score. This places PLC Resources in the lower half of its industry. The industry median Piotroski F-Score is 3.00. PLC Resources' value of 2 is 33.3% below this benchmark. Historically, PLC Resources' own Piotroski F-Score has ranged from 2.00 to 3.00 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 3.00, PLC Resources 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,508 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. PLC Resources's current Piotroski F-Score of 2 is 33.3% 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 PLC 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. PLC Resources's current Piotroski F-Score is 2, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PLC Resources stock overvalued right now?
PLC Resources (FRA:K30) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is near median its 10-year median of 2.00 and 33.3% below 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 PLC Resources (FRA:K30), the current Piotroski F-Score is 2 as of Jun. 29, 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.

PLC Resources Business Description

Other Exchanges PLC:Australia
Address 22 Mount Street, Level 2, Perth, WA, AUS, 6000
PLC Resources Ltd is a Western Australian exploration company focused on discovering and advancing gold and copper assets. Its flagship projects include the Yalgoo Gold Project and the Abbotts North Gold Project.