CGN Mining Co (FRA:VBO) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 20% Above Median


FRA:VBO CGN Mining Co Ltd FRA:VBO
67 GF Score
Price €0.31
GF Value €0.25
Valuation Modestly Overvalued
! 6 Warning Signs
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What is CGN Mining Co Piotroski F-Score?

CGN Mining Co FRA:VBO +7.59% 67 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FRA:VBO with a GF Score™ of 67/100 and a GF Value™ of €0.25 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 174 Other Energy Sources companies, CGN Mining Co ranks better than 90.8% 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

CGN Mining Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

FRA:VBO' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of CGN Mining Co was 9. The lowest was 2. And the median was 5.

CGN Mining Co  (FRA:VBO) 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.


CGN Mining Co Piotroski F-Score Related Terms


CGN Mining Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CGN Mining Co'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.

CGN Mining Co Piotroski F-Score Chart

CGN Mining Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 6.00 4.00 6.00

CGN Mining Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.00 0.00 4.00 0.00 6.00

FRA:VBO vs UEC, LEU: Piotroski F-Score Comparison

For the Uranium subindustry, CGN Mining Co'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.


CGN Mining Co Piotroski F-Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CGN Mining Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CGN Mining Co's Piotroski F-Score falls into.


FRA:VBO
67GF Score
CGN Mining Co Ltd FRA:VBO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Dec24) TTM:
Net Income was €49.7 Mil.
Cash Flow from Operations was €-108.1 Mil.
Revenue was €754.0 Mil.
Gross Profit was €7.6 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (963.463 + 956.506) / 2 = €959.9845 Mil.
Total Assets at the begining of this year (Dec24) was €963.5 Mil.
Long-Term Debt & Capital Lease Obligation was €0.2 Mil.
Total Current Assets was €462.9 Mil.
Total Current Liabilities was €427.8 Mil.
Net Income was €42.0 Mil.

Revenue was €1,059.5 Mil.
Gross Profit was €-8.1 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (792.605 + 963.463) / 2 = €878.034 Mil.
Total Assets at the begining of last year (Dec23) was €792.6 Mil.
Long-Term Debt & Capital Lease Obligation was €0.4 Mil.
Total Current Assets was €422.6 Mil.
Total Current Liabilities was €458.5 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.

CGN Mining Co's current Net Income (TTM) was 49.7. ==> 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.

CGN Mining Co's current Cash Flow from Operations (TTM) was -108.1. ==> 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 (Dec24)
=49.694/963.463
=0.05157852

ROA (Last Year)=Net Income/Total Assets (Dec23)
=42.014/792.605
=0.05300749

CGN Mining Co's return on assets of this year was 0.05157852. CGN Mining Co's return on assets of last year was 0.05300749. ==> 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.

CGN Mining Co's current Net Income (TTM) was 49.7. CGN Mining Co's current Cash Flow from Operations (TTM) was -108.1. ==> -108.1 <= 49.7 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.186/959.9845
=0.00019375

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.377/878.034
=0.00042937

CGN Mining Co's gearing of this year was 0.00019375. CGN Mining Co's gearing of last year was 0.00042937. ==> 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
=462.911/427.817
=1.0820304

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=422.621/458.517
=0.92171283

CGN Mining Co's current ratio of this year was 1.0820304. CGN Mining Co's current ratio of last year was 0.92171283. ==> 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.

CGN Mining Co's number of shares in issue this year was 7600.683. CGN Mining Co's number of shares in issue last year was 7600.683. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=7.563/754.018
=0.01003026

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-8.123/1059.534
=-0.00766658

CGN Mining Co's gross margin of this year was 0.01003026. CGN Mining Co's gross margin of last year was -0.00766658. ==> 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 (Dec24)
=754.018/963.463
=0.78261231

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1059.534/792.605
=1.33677431

CGN Mining Co's asset turnover of this year was 0.78261231. CGN Mining Co's asset turnover of last year was 1.33677431. ==> 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+0+0+1+1+1+1+0
=5

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

CGN Mining Co has an F-score of 5 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 6 mean?
CGN Mining Co (FRA:VBO) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CGN Mining Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, CGN Mining Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, CGN Mining Co ranks #16 out of 174 companies in the Other Energy Sources industry, placing it in the top 9.2%.
Is CGN Mining Co's Piotroski F-Score too high?
CGN Mining Co's current Piotroski F-Score of 6 is 20% above 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 9.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. CGN Mining Co's value of 6 is 50% above this industry median. Based on the distribution chart, CGN Mining Co ranks #16 out of 174 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, CGN Mining Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CGN Mining Co's Piotroski F-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, CGN Mining Co ranks #16 out of 174 companies for Piotroski F-Score. This places CGN Mining Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 4.00. CGN Mining Co's value of 6 is 50% above this benchmark. Historically, CGN Mining Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 4.00, CGN Mining Co 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 an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 174 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. CGN Mining Co's current Piotroski F-Score of 6 is 50% 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 CGN Mining Co and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGN Mining Co's current Piotroski F-Score is 6, which is 20% above 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 CGN Mining Co stock overvalued right now?
Based on GuruFocus' analysis, CGN Mining Co (FRA:VBO) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.25, compared to a current price of €0.31 — trading 24.8% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 50% above the Other Energy Sources industry median of 4.00. CGN Mining Co's overall GF Score™ is 67/100 with 6 warning signs 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 CGN Mining Co (FRA:VBO), the current Piotroski F-Score is 6 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.

Is CGN Mining Co (FRA:VBO) Overvalued in 2026?

Based on GuruFocus' analysis, CGN Mining Co stock appears to be overvalued. The current stock price of €0.31 is trading 24.8% above its estimated GF Value™ of €0.25. GuruFocus considers CGN Mining Co to be Modestly Overvalued.

Key valuation signals for FRA:VBO:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €0.25 vs. price of €0.31 (24.8% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 50% above the Other Energy Sources median (#16 of 174)

No single metric tells the full story. See the FRA:VBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CGN Mining Co Business Description

Other Exchanges CGNMF:USA01164:Hong Kong
Address No. 26 Harbour Road, Room 1903, 19th Floor, China Resources Building, Wanchai, Hong Kong, HKG
CGN Mining Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the development and trade of natural uranium resources used by nuclear energy enterprises. The group's reporting segments are Natural uranium trading and Other investments. A majority of its revenue is generated from the Natural uranium trading segment, which engages in the trading of natural uranium in the United Kingdom and Hong Kong. Geographically, it derives maximum revenue from Europe (other than the UK), followed by the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR), the People's Republic of China, the United States, the United Kingdom, Canada, and other regions.
67GF Score

Get the complete analysis for FRA:VBO

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

€0.31
Price
€0.25
GF Value