GWAYF (Greenway Greenhouse Cannabis) Piotroski F-Score: 4 (As of Jun. 30, 2026) — Near Median


GWAYF Greenway Greenhouse Cannabis Corp GWAYF
24 GF Score
Price $0.10
GF Value $0.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Greenway Greenhouse Cannabis Piotroski F-Score?

Greenway Greenhouse Cannabis GWAYF +0.94% 24 Piotroski F-Score is 4 as of Jun. 30, 2026, which is at its 10-year median of 4.00. GuruFocus rates GWAYF with a GF Score™ of 24/100 and a GF Value™ of $0.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 978 Drug Manufacturers companies, Greenway Greenhouse Cannabis ranks worse than 60.74% 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

Greenway Greenhouse Cannabis has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Greenway Greenhouse Cannabis's Piotroski F-Score or its related term are showing as below:

GWAYF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 5 years, the highest Piotroski F-Score of Greenway Greenhouse Cannabis was 6. The lowest was 1. And the median was 4.

Greenway Greenhouse Cannabis  (OTCPK:GWAYF) 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.


Greenway Greenhouse Cannabis Piotroski F-Score Related Terms


Greenway Greenhouse Cannabis Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis Piotroski F-Score Chart

Greenway Greenhouse Cannabis Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 4.00 1.00 6.00

Greenway Greenhouse Cannabis Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 6.00 6.00 5.00 4.00

GWAYF vs ZTS, UTHR: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.


Greenway Greenhouse Cannabis Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenway Greenhouse Cannabis's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Greenway Greenhouse Cannabis's Piotroski F-Score falls into.


GWAYF
24GF Score
Greenway Greenhouse Cannabis Corp GWAYF
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 0.141 + -0.121 + -0.082 + -0.098 = $-0.16 Mil.
Cash Flow from Operations was 0.737 + -0.634 + -0.275 + -0.428 = $-0.60 Mil.
Revenue was 2.139 + 1.186 + 1.513 + 1.703 = $6.54 Mil.
Gross Profit was 0.819 + 0.596 + 0.598 + 0.494 = $2.51 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(22.193 + 22.469 + 23.463 + 23.405 + 23.652) / 5 = $23.0364 Mil.
Total Assets at the begining of this year (Dec24) was $22.19 Mil.
Long-Term Debt & Capital Lease Obligation was $7.48 Mil.
Total Current Assets was $5.33 Mil.
Total Current Liabilities was $9.06 Mil.
Net Income was -0.985 + -0.395 + -0.771 + -0.474 = $-2.63 Mil.

Revenue was 1.095 + 1.747 + 1.334 + 1.177 = $5.35 Mil.
Gross Profit was -0.421 + 0.25 + -0.066 + 0.175 = $-0.06 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(25.928 + 24.445 + 23.856 + 23.658 + 22.193) / 5 = $24.016 Mil.
Total Assets at the begining of last year (Dec23) was $25.93 Mil.
Long-Term Debt & Capital Lease Obligation was $10.85 Mil.
Total Current Assets was $3.22 Mil.
Total Current Liabilities was $4.49 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.

Greenway Greenhouse Cannabis's current Net Income (TTM) was -0.16. ==> 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.

Greenway Greenhouse Cannabis's current Cash Flow from Operations (TTM) was -0.60. ==> 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)
=-0.16/22.193
=-0.00720948

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.625/25.928
=-0.1012419

Greenway Greenhouse Cannabis's return on assets of this year was -0.00720948. Greenway Greenhouse Cannabis's return on assets of last year was -0.1012419. ==> 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.

Greenway Greenhouse Cannabis's current Net Income (TTM) was -0.16. Greenway Greenhouse Cannabis's current Cash Flow from Operations (TTM) was -0.60. ==> -0.60 <= -0.16 ==> 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
=7.48/23.0364
=0.32470351

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=10.85/24.016
=0.45178215

Greenway Greenhouse Cannabis's gearing of this year was 0.32470351. Greenway Greenhouse Cannabis's gearing of last year was 0.45178215. ==> 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
=5.332/9.056
=0.58878092

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3.222/4.492
=0.71727516

Greenway Greenhouse Cannabis's current ratio of this year was 0.58878092. Greenway Greenhouse Cannabis's current ratio of last year was 0.71727516. ==> 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.

Greenway Greenhouse Cannabis's number of shares in issue this year was 132.451. Greenway Greenhouse Cannabis's number of shares in issue last year was 131.53. ==> 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
=2.507/6.541
=0.38327473

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.062/5.353
=-0.01158229

Greenway Greenhouse Cannabis's gross margin of this year was 0.38327473. Greenway Greenhouse Cannabis's gross margin of last year was -0.01158229. ==> 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)
=6.541/22.193
=0.29473257

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=5.353/25.928
=0.20645634

Greenway Greenhouse Cannabis's asset turnover of this year was 0.29473257. Greenway Greenhouse Cannabis's asset turnover of last year was 0.20645634. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+0+1+0+0+1+1
=4

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

Greenway Greenhouse Cannabis has an F-score of 4 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 4 mean?
Greenway Greenhouse Cannabis (GWAYF) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Greenway Greenhouse Cannabis and its competitors. This is near median its historical median of 4.00. Over the past decade, Greenway Greenhouse Cannabis' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Greenway Greenhouse Cannabis ranks #594 out of 978 companies in the Drug Manufacturers industry, placing it in the top 60.7%.
Is Greenway Greenhouse Cannabis' Piotroski F-Score too high?
Greenway Greenhouse Cannabis' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Greenway Greenhouse Cannabis' value of 4 is 20% below this industry median. Based on the distribution chart, Greenway Greenhouse Cannabis ranks #594 out of 978 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Greenway Greenhouse Cannabis has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenway Greenhouse Cannabis' Piotroski F-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Greenway Greenhouse Cannabis ranks #594 out of 978 companies for Piotroski F-Score. This places Greenway Greenhouse Cannabis in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Greenway Greenhouse Cannabis' value of 4 is 20% below this benchmark. Historically, Greenway Greenhouse Cannabis' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Greenway Greenhouse Cannabis 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 978 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. Greenway Greenhouse Cannabis's current Piotroski F-Score of 4 is 20% 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 Greenway Greenhouse Cannabis and its competitors. For the Drug Manufacturers 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. Greenway Greenhouse Cannabis's current Piotroski F-Score is 4, which is near 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 Greenway Greenhouse Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Greenway Greenhouse Cannabis (GWAYF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.28, compared to a current price of $0.10 — trading 63.6% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Drug Manufacturers industry median of 5.00. Greenway Greenhouse Cannabis' overall GF Score™ is 24/100 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 Greenway Greenhouse Cannabis (GWAYF), the current Piotroski F-Score is 4 as of Jun. 30, 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 Greenway Greenhouse Cannabis (GWAYF) Overvalued in 2026?

Based on GuruFocus' analysis, Greenway Greenhouse Cannabis stock appears to be undervalued. The current stock price of $0.10 is trading 63.6% below its estimated GF Value™ of $0.28. GuruFocus considers Greenway Greenhouse Cannabis to be Possible Value Trap.

Key valuation signals for GWAYF:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $0.28 vs. price of $0.10 (63.6% below fair value)
  • GF Score™: 24/100 with 5 warning signs
  • Industry Position: 20% below the Drug Manufacturers median (#594 of 978)

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


Greenway Greenhouse Cannabis Business Description

Other Exchanges GWAY:Canada
Address 1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2
Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.
24GF Score

Get the complete analysis for GWAYF

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

$0.10
Price
$0.28
GF Value