Platinum Group Metals (FRA:P6MB) Piotroski F-Score: 3 (As of Jun. 25, 2026) — Near Median


FRA:P6MB Platinum Group Metals Ltd FRA:P6MB
30 GF Score
Price €1.16
! 1 Warning Sign
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What is Platinum Group Metals Piotroski F-Score?

Platinum Group Metals FRA:P6MB +7.18% 30 Piotroski F-Score is 3 as of Jun. 25, 2026, which is at its 10-year median of 3.00. GuruFocus rates FRA:P6MB with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,511 Metals & Mining companies, Platinum Group Metals ranks better than 59.14% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Platinum Group Metals 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 Platinum Group Metals's Piotroski F-Score or its related term are showing as below:

FRA:P6MB' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 4
Current: 3

During the past 13 years, the highest Piotroski F-Score of Platinum Group Metals was 4. The lowest was 1. And the median was 3.

Platinum Group Metals  (FRA:P6MB) 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.


Platinum Group Metals Piotroski F-Score Related Terms


Platinum Group Metals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Platinum Group Metals'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.

Platinum Group Metals Piotroski F-Score Chart

Platinum Group Metals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 4.00 2.00 3.00 4.00

Platinum Group Metals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 3.00 3.00 4.00 4.00 3.00

FRA:P6MB vs HL: Piotroski F-Score Comparison

For the Other Precious Metals & Mining subindustry, Platinum Group Metals'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.


Platinum Group Metals Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where Platinum Group Metals's Piotroski F-Score falls into.


FRA:P6MB
30GF Score
Platinum Group Metals Ltd FRA:P6MB
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was -1.025 + -0.975 + -1.592 + -1.687 = €-5.28 Mil.
Cash Flow from Operations was -0.683 + -0.948 + -1.65 + -1.329 = €-4.61 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was
(46.532 + 48.731 + 53.343 + 62.071 + 85.773) / 5 = €59.29 Mil.
Total Assets at the begining of this year (Feb25) was €46.53 Mil.
Long-Term Debt & Capital Lease Obligation was €0.15 Mil.
Total Current Assets was €38.08 Mil.
Total Current Liabilities was €1.42 Mil.
Net Income was -1.523 + -0.535 + -1.729 + -0.395 = €-4.18 Mil.

Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was
(45.881 + 46.111 + 47.248 + 47.26 + 46.532) / 5 = €46.6064 Mil.
Total Assets at the begining of last year (Feb24) was €45.88 Mil.
Long-Term Debt & Capital Lease Obligation was €0.21 Mil.
Total Current Assets was €1.74 Mil.
Total Current Liabilities was €0.66 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.

Platinum Group Metals's current Net Income (TTM) was -5.28. ==> 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.

Platinum Group Metals's current Cash Flow from Operations (TTM) was -4.61. ==> 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 (Feb25)
=-5.279/46.532
=-0.11344881

ROA (Last Year)=Net Income/Total Assets (Feb24)
=-4.182/45.881
=-0.09114884

Platinum Group Metals's return on assets of this year was -0.11344881. Platinum Group Metals's return on assets of last year was -0.09114884. ==> 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.

Platinum Group Metals's current Net Income (TTM) was -5.28. Platinum Group Metals's current Cash Flow from Operations (TTM) was -4.61. ==> -4.61 > -5.28 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0.146/59.29
=0.00246247

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0.211/46.6064
=0.00452728

Platinum Group Metals's gearing of this year was 0.00246247. Platinum Group Metals's gearing of last year was 0.00452728. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=38.084/1.424
=26.74438202

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=1.736/0.662
=2.6223565

Platinum Group Metals's current ratio of this year was 26.74438202. Platinum Group Metals's current ratio of last year was 2.6223565. ==> 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.

Platinum Group Metals's number of shares in issue this year was 123.671. Platinum Group Metals's number of shares in issue last year was 102.9. ==> 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
=

Platinum Group Metals's gross margin of this year was . Platinum Group Metals'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 (Feb25)
=0/46.532
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=0/45.881
=0

Platinum Group Metals's asset turnover of this year was 0. Platinum Group Metals'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+0+1+1+1+0+0+0
=3

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

Platinum Group Metals 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 3 mean?
Platinum Group Metals (FRA:P6MB) has a Piotroski F-Score of 3 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Platinum Group Metals and its competitors. This is near median its historical median of 3.00. Over the past decade, Platinum Group Metals' Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Platinum Group Metals ranks #1026 out of 2511 companies in the Metals & Mining industry, placing it in the top 40.9%.
Is Platinum Group Metals' Piotroski F-Score too high?
Platinum Group Metals' current Piotroski F-Score of 3 is near 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 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Platinum Group Metals' value of 3 is 0% at this industry median. Based on the distribution chart, Platinum Group Metals ranks #1026 out of 2511 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Platinum Group Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Group Metals' Piotroski F-Score compare to HL?
According to the Metals & Mining industry distribution chart, Platinum Group Metals ranks #1026 out of 2511 companies for Piotroski F-Score. This puts Platinum Group Metals in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Platinum Group Metals' value of 3 is 0% at this benchmark. Historically, Platinum Group Metals' own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Platinum Group Metals has consistently been at 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. Platinum Group Metals's current Piotroski F-Score of 3 is 0% at 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 Platinum Group Metals 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. Platinum Group Metals's current Piotroski F-Score is 3, which is near 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 Platinum Group Metals stock overvalued right now?
Platinum Group Metals (FRA:P6MB) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 0% at the Metals & Mining industry median of 3.00. Platinum Group Metals' overall GF Score™ is 30/100 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 Platinum Group Metals (FRA:P6MB), the current Piotroski F-Score is 3 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.

Platinum Group Metals Business Description

Address 1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6
Platinum Group Metals Ltd is a development-stage company, conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Key metals of economic interest on the company's mineral properties include platinum, palladium, rhodium, gold, copper, and nickel. The company operates in one segment, the development of the Waterberg Project in South Africa, and geographically in Canada and South Africa.
30GF 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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