GTE (Gran Tierra Energy) Piotroski F-Score: 5 (As of Jun. 26, 2026) — Near Median


GTE Gran Tierra Energy Inc GTE
50 GF Score
Price $6.25
GF Value $5.33
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Gran Tierra Energy Piotroski F-Score?

Gran Tierra Energy GTE +3.65% 50 Piotroski F-Score is 5 as of Jun. 26, 2026, which is at its 10-year median of 5.00. GuruFocus rates GTE with a GF Score™ of 50/100 and a GF Value™ of $5.33 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 974 Oil & Gas companies, Gran Tierra Energy ranks better than 62.83% 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

Gran Tierra Energy 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 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: 5

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.00 3.00 3.00 5.00

GTE vs PNRG, SHASF, INR: 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
50GF Score
Gran Tierra Energy Inc GTE
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -12.741 + -19.95 + -141.148 + -119.172 = $-293.0 Mil.
Cash Flow from Operations was 34.677 + 48.149 + 157.193 + 172.734 = $412.8 Mil.
Revenue was 152.481 + 149.254 + 129.929 + 172.057 = $603.7 Mil.
Gross Profit was 83.846 + 84.273 + 57.394 + 102.183 = $327.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1662.734 + 1696.956 + 1655.809 + 1586.079 + 1635.08) / 5 = $1647.3316 Mil.
Total Assets at the begining of this year (Mar25) was $1,662.7 Mil.
Long-Term Debt & Capital Lease Obligation was $574.4 Mil.
Total Current Assets was $288.9 Mil.
Total Current Liabilities was $544.1 Mil.
Net Income was 36.371 + 1.133 + -34.21 + -19.28 = $-16.0 Mil.

Revenue was 165.609 + 151.373 + 147.29 + 168.173 = $632.4 Mil.
Gross Profit was 110.119 + 95.8 + 83.884 + 95.971 = $385.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1402.41 + 1379.584 + 1533.378 + 1654.787 + 1662.734) / 5 = $1526.5786 Mil.
Total Assets at the begining of last year (Mar24) was $1,402.4 Mil.
Long-Term Debt & Capital Lease Obligation was $726.3 Mil.
Total Current Assets was $174.0 Mil.
Total Current Liabilities was $345.6 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 -293.0. ==> 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 412.8. ==> 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 (Mar25)
=-293.011/1662.734
=-0.17622241

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-15.986/1402.41
=-0.01139895

Gran Tierra Energy's return on assets of this year was -0.17622241. Gran Tierra Energy's return on assets of last year was -0.01139895. ==> 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 -293.0. Gran Tierra Energy's current Cash Flow from Operations (TTM) was 412.8. ==> 412.8 > -293.0 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=574.354/1647.3316
=0.34865719

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=726.299/1526.5786
=0.47576915

Gran Tierra Energy's gearing of this year was 0.34865719. Gran Tierra Energy's gearing of last year was 0.47576915. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=288.913/544.053
=0.53103834

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=173.988/345.582
=0.50346372

Gran Tierra Energy's current ratio of this year was 0.53103834. Gran Tierra Energy's current ratio of last year was 0.50346372. ==> 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.

Gran Tierra Energy's number of shares in issue this year was 35.3. Gran Tierra Energy's number of shares in issue last year was 35.777. ==> 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
=327.696/603.721
=0.54279377

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=385.774/632.445
=0.60997241

Gran Tierra Energy's gross margin of this year was 0.54279377. Gran Tierra Energy's gross margin of last year was 0.60997241. ==> 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 (Mar25)
=603.721/1662.734
=0.36308935

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=632.445/1402.41
=0.45097012

Gran Tierra Energy's asset turnover of this year was 0.36308935. Gran Tierra Energy's asset turnover of last year was 0.45097012. ==> 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+1+1+0+0
=5

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

Gran Tierra Energy 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 5 mean?
Gran Tierra Energy (GTE) has a Piotroski F-Score of 5 as of Jun. 26, 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 near 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 #362 out of 974 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is Gran Tierra Energy's Piotroski F-Score too high?
Gran Tierra Energy's current Piotroski F-Score of 5 is near 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 5 is 0% at this industry median. Based on the distribution chart, Gran Tierra Energy ranks #362 out of 974 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Gran Tierra Energy has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gran Tierra Energy's Piotroski F-Score compare to PNRG and SHASF?
According to the Oil & Gas industry distribution chart, Gran Tierra Energy ranks #362 out of 974 companies for Piotroski F-Score. This puts Gran Tierra Energy in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Gran Tierra Energy's value of 5 is 0% at 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 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 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 5 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 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 5, which is near 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 Modestly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $6.25 — trading 17.3% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Oil & Gas industry median of 5.00. Gran Tierra Energy's overall GF Score™ is 50/100 with 3 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 5 as of Jun. 26, 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 $6.25 is trading 17.3% above its estimated GF Value™ of $5.33. GuruFocus considers Gran Tierra Energy to be Modestly Overvalued.

Key valuation signals for GTE:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $5.33 vs. price of $6.25 (17.3% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 0% at the Oil & Gas median (#362 of 974)

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.
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$6.25
Price
$5.33
GF Value