Cambridge Nutritional Sciences (FRA:RVKA) Piotroski F-Score: 3 (As of Jun. 27, 2026) — 40% Below Median


What is Cambridge Nutritional Sciences Piotroski F-Score?

Cambridge Nutritional Sciences FRA:RVKA Piotroski F-Score is 3 as of Jun. 27, 2026, which is 40% below its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Cambridge Nutritional Sciences ranks worse than 77.02% 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

Cambridge Nutritional Sciences 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 Cambridge Nutritional Sciences's Piotroski F-Score or its related term are showing as below:

FRA:RVKA' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of Cambridge Nutritional Sciences was 8. The lowest was 2. And the median was 5.

Cambridge Nutritional Sciences  (FRA:RVKA) 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.


Cambridge Nutritional Sciences Piotroski F-Score Related Terms


Cambridge Nutritional Sciences Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cambridge Nutritional Sciences'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.

Cambridge Nutritional Sciences Piotroski F-Score Chart

Cambridge Nutritional Sciences Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 5.00 6.00 3.00

Cambridge Nutritional Sciences 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 6.00 0.00 3.00 0.00

FRA:RVKA vs ISRG, BDX, MDLN: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, Cambridge Nutritional Sciences'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.


Cambridge Nutritional Sciences Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cambridge Nutritional Sciences's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Cambridge Nutritional Sciences'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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was €1.87 Mil.
Cash Flow from Operations was €-0.07 Mil.
Revenue was €9.96 Mil.
Gross Profit was €6.50 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (16.242 + 16.313) / 2 = €16.2775 Mil.
Total Assets at the begining of this year (Mar24) was €16.24 Mil.
Long-Term Debt & Capital Lease Obligation was €0.15 Mil.
Total Current Assets was €9.16 Mil.
Total Current Liabilities was €2.53 Mil.
Net Income was €-0.38 Mil.

Revenue was €11.43 Mil.
Gross Profit was €7.07 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (16.328 + 16.242) / 2 = €16.285 Mil.
Total Assets at the begining of last year (Mar23) was €16.33 Mil.
Long-Term Debt & Capital Lease Obligation was €0.03 Mil.
Total Current Assets was €9.21 Mil.
Total Current Liabilities was €1.97 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.

Cambridge Nutritional Sciences's current Net Income (TTM) was 1.87. ==> 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.

Cambridge Nutritional Sciences's current Cash Flow from Operations (TTM) was -0.07. ==> 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 (Mar24)
=1.872/16.242
=0.11525674

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-0.383/16.328
=-0.02345664

Cambridge Nutritional Sciences's return on assets of this year was 0.11525674. Cambridge Nutritional Sciences's return on assets of last year was -0.02345664. ==> 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.

Cambridge Nutritional Sciences's current Net Income (TTM) was 1.87. Cambridge Nutritional Sciences's current Cash Flow from Operations (TTM) was -0.07. ==> -0.07 <= 1.87 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.151/16.2775
=0.00927661

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.029/16.285
=0.00178078

Cambridge Nutritional Sciences's gearing of this year was 0.00927661. Cambridge Nutritional Sciences's gearing of last year was 0.00178078. ==> Last year is lower than this year ==> Score 0.

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: Mar25)=Total Current Assets/Total Current Liabilities
=9.157/2.528
=3.62223101

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=9.206/1.972
=4.668357

Cambridge Nutritional Sciences's current ratio of this year was 3.62223101. Cambridge Nutritional Sciences's current ratio of last year was 4.668357. ==> Last year's current ratio is higher ==> Score 0.

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.

Cambridge Nutritional Sciences's number of shares in issue this year was 238.271. Cambridge Nutritional Sciences's number of shares in issue last year was 238.097. ==> 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
=6.502/9.955
=0.65313913

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7.068/11.426
=0.61858918

Cambridge Nutritional Sciences's gross margin of this year was 0.65313913. Cambridge Nutritional Sciences's gross margin of last year was 0.61858918. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=9.955/16.242
=0.61291713

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=11.426/16.328
=0.69977952

Cambridge Nutritional Sciences's asset turnover of this year was 0.61291713. Cambridge Nutritional Sciences's asset turnover of last year was 0.69977952. ==> 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+0+0+0+1+0
=3

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

Cambridge Nutritional Sciences 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?
Cambridge Nutritional Sciences (FRA:RVKA) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cambridge Nutritional Sciences and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Cambridge Nutritional Sciences' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Cambridge Nutritional Sciences ranks #620 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 77%.
Is Cambridge Nutritional Sciences' Piotroski F-Score too high?
Cambridge Nutritional Sciences' current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Cambridge Nutritional Sciences' value of 3 is 40% below this industry median. Based on the distribution chart, Cambridge Nutritional Sciences ranks #620 out of 805 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Cambridge Nutritional Sciences' Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Cambridge Nutritional Sciences ranks #620 out of 805 companies for Piotroski F-Score. This places Cambridge Nutritional Sciences in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Cambridge Nutritional Sciences' value of 3 is 40% below this benchmark. Historically, Cambridge Nutritional Sciences' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Cambridge Nutritional Sciences 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 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. Cambridge Nutritional Sciences's current Piotroski F-Score of 3 is 40% 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 Cambridge Nutritional Sciences and its competitors. For the Medical Devices & Instruments 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. Cambridge Nutritional Sciences's current Piotroski F-Score is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cambridge Nutritional Sciences stock overvalued right now?
Based on GuruFocus' analysis, Cambridge Nutritional Sciences (FRA:RVKA) is currently considered Possible Value Trap. The stock's GF Value™ is €0.02, compared to a current price of €0.01 — trading 32.5% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Medical Devices & Instruments industry median of 5.00. 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 Cambridge Nutritional Sciences (FRA:RVKA), the current Piotroski F-Score is 3 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.

Cambridge Nutritional Sciences Business Description

Other Exchanges CNSL:UK
Address One Fleet Place, London, GBR, EC4M 7WS
Cambridge Nutritional Sciences PLC is a medical diagnostics company specializing in the development, manufacture, and distribution of food sensitivity test kits. Its product portfolio includes tests designed to detect immune reactions to various foods, helping healthcare professionals and patients identify dietary and lifestyle changes to improve long-term health and wellbeing. The company operates in the United Kingdom and serves the customer base across various countries through laboratories and healthcare providers. It generates revenue by selling diagnostic kits and providing clinical analysis services centered on food sensitivity and gut health. The group has two reportable segments: Health and Nutrition; and Corporate. The Health and Nutrition segment generates majority revenue.