Great Elm GroupGEG +2.89%52 Piotroski F-Score is 3 as of Jun. 25, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates GEG with a GF Score™ of 52/100 and a GF Value™ of $2.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,601 Asset Management companies, Great Elm Group ranks worse than 78.08% 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
Great Elm Group 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 Great Elm Group's Piotroski F-Score or its related term are showing as below:
GEG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 3
During the past 13 years, the highest Piotroski F-Score of Great Elm Group was 6. The lowest was 2. And the median was 4.
Great Elm Group (NAS:GEG) 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.
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.
Great Elm Group Piotroski F-Score Related Terms
Great Elm Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Great Elm Group'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.
GEG vs VLT, CCIF, PGZ: Piotroski F-Score Comparison
For the Asset Management subindustry, Great Elm Group'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.
Great Elm Group Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Great Elm Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Great Elm Group's Piotroski F-Score falls into.
* 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.
*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.
Great Elm Group's current Net Income (TTM) was -22.94.
==> 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.
Great Elm Group's return on assets of this year was -0.16717691. Great Elm Group's return on assets of last year was -0.00939651.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Great Elm Group's gearing of this year was 0.4553229. Great Elm Group's gearing of last year was 0.45257374.
==> 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
Great Elm Group's current ratio of this year was 13.18250847. Great Elm Group's current ratio of last year was 16.21023032.
==> 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.
Great Elm Group's number of shares in issue this year was 30.763. Great Elm Group's number of shares in issue last year was 26.915.
==> 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.
Great Elm Group's gross margin of this year was -0.1645126. Great Elm Group's gross margin of last year was -0.04932233.
==> 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
Great Elm Group's asset turnover of this year was 0.1663751. Great Elm Group's asset turnover of last year was 0.13229257.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Great Elm Group has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Great Elm Group (GEG) 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 Great Elm Group and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Great Elm Group's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Great Elm Group ranks #1250 out of 1601 companies in the Asset Management industry, placing it in the top 78.1%.
Is Great Elm Group's Piotroski F-Score too high?
Great Elm Group's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Great Elm Group's value of 3 is 40% below this industry median. Based on the distribution chart, Great Elm Group ranks #1250 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Great Elm Group has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Great Elm Group's Piotroski F-Score compare to VLT and CCIF?
According to the Asset Management industry distribution chart, Great Elm Group ranks #1250 out of 1601 companies for Piotroski F-Score. This places Great Elm Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Great Elm Group's value of 3 is 40% below this benchmark. Historically, Great Elm Group's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Great Elm Group 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,601 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. Great Elm Group'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 Great Elm Group and its competitors. For the Asset Management 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. Great Elm Group's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Elm Group stock overvalued right now?
Based on GuruFocus' analysis, Great Elm Group (GEG) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.96, compared to a current price of $2.49 — trading 15.9% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Asset Management industry median of 5.00. Great Elm Group's overall GF Score™ is 52/100 with 5 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 Great Elm Group (GEG), 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.
Is Great Elm Group (GEG) Overvalued in 2026?
Based on GuruFocus' analysis, Great Elm Group stock appears to be undervalued.
The current stock price of $2.49 is trading 15.9% below its estimated GF Value™ of $2.96.
GuruFocus considers Great Elm Group to be Modestly Undervalued.
Key valuation signals for GEG:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: $2.96 vs. price of $2.49 (15.9% below fair value)
Industry Position: 40% below the Asset Management median (#1250 of 1601)
No single metric tells the full story. See the GEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great Elm Group Inc operates as an alternative asset manager focused on growing a scalable and diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies. Along with its subsidiaries, it manages Great Elm Capital Corp, a publicly traded business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments.
52GF Score
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