GTE (Gran Tierra Energy) Piotroski F-Score: 3 (As of Aug. 10, 2026) — 40% Below Median

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GTE Gran Tierra Energy Inc GTE
49 GF Score
Price $8.95
GF Value $5.55
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Gran Tierra Energy Piotroski F-Score?

Gran Tierra Energy GTE -0.11% 49 Piotroski F-Score is 3 as of Aug. 10, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates GTE with a GF Score™ of 49/100 and a GF Value™ of $5.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 990 Oil & Gas companies, Gran Tierra Energy ranks worse than 79.49% 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

Gran Tierra Energy 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 Gran Tierra Energy's Piotroski F-Score or its related term are showing as below:

GTE' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of Gran Tierra Energy was 9. The lowest was 2. And the median was 5.

Gran Tierra Energy  (AMEX:GTE) 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.


Gran Tierra Energy Piotroski F-Score Related Terms


Gran Tierra Energy Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gran Tierra Energy'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.

Gran Tierra Energy Piotroski F-Score Chart

Gran Tierra Energy 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 7.00 9.00 4.00 5.00 3.00

Gran Tierra Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.00 3.00 3.00 5.00 3.00

GTE vs INR, PNRG, UNTC: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, Gran Tierra Energy'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.


Gran Tierra Energy Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gran Tierra Energy's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Gran Tierra Energy's Piotroski F-Score falls into.


GTE
49GF Score
Gran Tierra Energy Inc GTE
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -19.95 + -141.148 + -119.172 + 24.861 = $-255.4 Mil.
Cash Flow from Operations was 48.149 + 157.193 + 172.734 + 57.414 = $435.5 Mil.
Revenue was 149.254 + 129.929 + 172.057 + 187.181 = $638.4 Mil.
Gross Profit was 84.273 + 57.394 + 102.183 + 124.847 = $368.7 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1696.956 + 1655.809 + 1586.079 + 1635.08 + 1564.095) / 5 = $1627.6038 Mil.
Total Assets at the begining of this year (Jun25) was $1,697.0 Mil.
Long-Term Debt & Capital Lease Obligation was $551.8 Mil.
Total Current Assets was $239.0 Mil.
Total Current Liabilities was $493.3 Mil.
Net Income was 1.133 + -34.21 + -19.28 + -12.741 = $-65.1 Mil.

Revenue was 151.373 + 147.29 + 168.173 + 149.357 = $616.2 Mil.
Gross Profit was 95.8 + 83.884 + 95.971 + 80.722 = $356.4 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(1379.584 + 1533.378 + 1654.787 + 1662.734 + 1696.956) / 5 = $1585.4878 Mil.
Total Assets at the begining of last year (Jun24) was $1,379.6 Mil.
Long-Term Debt & Capital Lease Obligation was $772.6 Mil.
Total Current Assets was $202.5 Mil.
Total Current Liabilities was $320.9 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.

Gran Tierra Energy's current Net Income (TTM) was -255.4. ==> 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.

Gran Tierra Energy's current Cash Flow from Operations (TTM) was 435.5. ==> Positive ==> Score 1.

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 (Jun25)
=-255.409/1696.956
=-0.15051009

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-65.098/1379.584
=-0.04718669

Gran Tierra Energy's return on assets of this year was -0.15051009. Gran Tierra Energy's return on assets of last year was -0.04718669. ==> 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.

Gran Tierra Energy's current Net Income (TTM) was -255.4. Gran Tierra Energy's current Cash Flow from Operations (TTM) was 435.5. ==> 435.5 > -255.4 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=551.812/1627.6038
=0.33903337

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=772.616/1585.4878
=0.48730492

Gran Tierra Energy's gearing of this year was 0.33903337. Gran Tierra Energy's gearing of last year was 0.48730492. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=238.962/493.324
=0.4843916

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=202.484/320.902
=0.63098391

Gran Tierra Energy's current ratio of this year was 0.4843916. Gran Tierra Energy's current ratio of last year was 0.63098391. ==> 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.

Gran Tierra Energy's number of shares in issue this year was 35.369. Gran Tierra Energy's number of shares in issue last year was 35.335. ==> 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
=368.697/638.421
=0.5775139

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=356.377/616.193
=0.57835289

Gran Tierra Energy's gross margin of this year was 0.5775139. Gran Tierra Energy's gross margin of last year was 0.57835289. ==> 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 (Jun25)
=638.421/1696.956
=0.37621541

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=616.193/1379.584
=0.44665131

Gran Tierra Energy's asset turnover of this year was 0.37621541. Gran Tierra Energy's asset turnover of last year was 0.44665131. ==> 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+1+0+1+1+0+0+0+0
=3

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

Gran Tierra Energy 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?
Gran Tierra Energy (GTE) has a Piotroski F-Score of 3 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gran Tierra Energy and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Gran Tierra Energy's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Gran Tierra Energy ranks #787 out of 990 companies in the Oil & Gas industry, placing it in the top 79.5%.
Is Gran Tierra Energy's Piotroski F-Score too high?
Gran Tierra Energy's 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 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Gran Tierra Energy's value of 3 is 40% below this industry median. Based on the distribution chart, Gran Tierra Energy ranks #787 out of 990 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Gran Tierra Energy has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gran Tierra Energy's Piotroski F-Score compare to INR and PNRG?
According to the Oil & Gas industry distribution chart, Gran Tierra Energy ranks #787 out of 990 companies for Piotroski F-Score. This places Gran Tierra Energy in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Gran Tierra Energy's value of 3 is 40% below this benchmark. Historically, Gran Tierra Energy'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 5.00, Gran Tierra Energy 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 990 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. Gran Tierra Energy'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 Gran Tierra Energy and its competitors. For the Oil & Gas 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. Gran Tierra Energy'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 Gran Tierra Energy stock overvalued right now?
Based on GuruFocus' analysis, Gran Tierra Energy (GTE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.55, compared to a current price of $8.95 — trading 61.3% above 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 Oil & Gas industry median of 5.00. Gran Tierra Energy's overall GF Score™ is 49/100 with 8 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 Gran Tierra Energy (GTE), the current Piotroski F-Score is 3 as of Aug. 10, 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 Gran Tierra Energy (GTE) Overvalued in 2026?

Based on GuruFocus' analysis, Gran Tierra Energy stock appears to be overvalued. The current stock price of $8.95 is trading 61.3% above its estimated GF Value™ of $5.55. GuruFocus considers Gran Tierra Energy to be Significantly Overvalued.

Key valuation signals for GTE:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: $5.55 vs. price of $8.95 (61.3% above fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 40% below the Oil & Gas median (#787 of 990)

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


Gran Tierra Energy Business Description

Industry EnergyOil & Gas
Address 500 Centre Street Southeast, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. The majority of its revenue comes from operations in Colombia.
49GF Score

Get the complete analysis for GTE

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

$8.95
Price
$5.55
GF Value