Star Phoenix Group (HAM:RR5) Piotroski F-Score: 2 (As of Jun. 27, 2026) — 33% Below Median


What is Star Phoenix Group Piotroski F-Score?

Star Phoenix Group HAM:RR5 Piotroski F-Score is 2 as of Jun. 27, 2026, which is 33% below its 10-year median of 3.00. The stock has 2 warning signs investors should review.

Warning Sign:

Piotroski F-Score of 2 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

Star Phoenix 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 Star Phoenix Group's Piotroski F-Score or its related term are showing as below:

HAM:RR5' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 2

During the past 13 years, the highest Piotroski F-Score of Star Phoenix Group was 5. The lowest was 2. And the median was 3.

Star Phoenix Group  (HAM:RR5) 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.


Star Phoenix Group Piotroski F-Score Related Terms


Star Phoenix Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Star Phoenix 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.

Star Phoenix Group Piotroski F-Score Chart

Star Phoenix Group Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 3.00 2.00 2.00

Star Phoenix Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.00 2.00 0.00 2.00 0.00

HAM:RR5 vs COP, EOG, OXY: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, Star Phoenix 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.


Star Phoenix Group Piotroski F-Score vs Oil & Gas Industry

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

* The bar in red indicates where Star Phoenix Group's Piotroski F-Score falls into.


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 (Jun22) TTM:Last Year (Jun21) TTM:
Net Income was €-1.26 Mil.
Cash Flow from Operations was €-1.38 Mil.
Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of this year (Jun21)
to the end of this year (Jun22) was (5.321 + 4.759) / 2 = €5.04 Mil.
Total Assets at the begining of this year (Jun21) was €5.32 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €4.76 Mil.
Total Current Liabilities was €10.40 Mil.
Net Income was €-5.20 Mil.

Revenue was €0.00 Mil.
Gross Profit was €0.00 Mil.
Average Total Assets from the begining of last year (Jun20)
to the end of last year (Jun21) was (12.095 + 5.321) / 2 = €8.708 Mil.
Total Assets at the begining of last year (Jun20) was €12.10 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €5.20 Mil.
Total Current Liabilities was €9.21 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.

Star Phoenix Group's current Net Income (TTM) was -1.26. ==> 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.

Star Phoenix Group's current Cash Flow from Operations (TTM) was -1.38. ==> 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 (Jun21)
=-1.264/5.321
=-0.23754933

ROA (Last Year)=Net Income/Total Assets (Jun20)
=-5.203/12.095
=-0.43017776

Star Phoenix Group's return on assets of this year was -0.23754933. Star Phoenix Group's return on assets of last year was -0.43017776. ==> 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.

Star Phoenix Group's current Net Income (TTM) was -1.26. Star Phoenix Group's current Cash Flow from Operations (TTM) was -1.38. ==> -1.38 <= -1.26 ==> 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: Jun22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Jun22
=0/5.04
=0

Gearing (Last Year: Jun21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun20 to Jun21
=0/8.708
=0

Star Phoenix Group's gearing of this year was 0. Star Phoenix Group's gearing of last year was 0. ==> 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: Jun22)=Total Current Assets/Total Current Liabilities
=4.759/10.399
=0.45764016

Current Ratio (Last Year: Jun21)=Total Current Assets/Total Current Liabilities
=5.199/9.211
=0.56443383

Star Phoenix Group's current ratio of this year was 0.45764016. Star Phoenix Group's current ratio of last year was 0.56443383. ==> 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.

Star Phoenix Group's number of shares in issue this year was 0. Star Phoenix Group's number of shares in issue last year was 0. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Star Phoenix Group's gross margin of this year was . Star Phoenix Group's gross margin of last year was . ==> 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 (Jun21)
=0/5.321
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun20)
=0/12.095
=0

Star Phoenix Group's asset turnover of this year was 0. Star Phoenix Group's asset turnover of last year was 0. ==> 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+0+1+0+1+0+1+0+0
=3

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

Star Phoenix Group 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 2 mean?
Star Phoenix Group (HAM:RR5) has a Piotroski F-Score of 2 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Star Phoenix Group and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Star Phoenix Group's Piotroski F-Score has ranged from 2.00 to 5.00.
Is Star Phoenix Group's Piotroski F-Score too high?
Star Phoenix Group's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Star Phoenix Group's value of 2 is 60% below this industry median.
How does Star Phoenix Group's Piotroski F-Score compare to COP and EOG?
Star Phoenix Group's Piotroski F-Score of 2 can be compared against companies in the Oil & Gas industry. The industry median Piotroski F-Score is 5.00. Star Phoenix Group's value of 2 is 60% below this benchmark. Historically, Star Phoenix Group's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Star Phoenix 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 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. Star Phoenix Group's current Piotroski F-Score of 2 is 60% 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 Star Phoenix Group 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. Star Phoenix Group's current Piotroski F-Score is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Phoenix Group stock overvalued right now?
Star Phoenix Group (HAM:RR5) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Oil & Gas industry median of 5.00. 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 Star Phoenix Group (HAM:RR5), the current Piotroski F-Score is 2 as of Jun. 27, 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.

Star Phoenix Group Business Description

Industry EnergyOil & Gas
Address c/o Edwards Mac Scovell, Level 1, 8 Saint Georges Terrace, Perth, WA, AUS, 6000
Star Phoenix Group Ltd, formerly Range Resources Ltd is an exploration and production company operating in Australia. The company's operating segment include Oil and Gas Production in Trinidad and Oilfield Services in Trinidad. It generates maximum revenue from the Oil and Gas Production in Trinidad segment. The company's production licenses include Morne Diablo, South Quarry, and Beach Marcelle as well as two exploration blocks namely St Mary's and Guayaguayare.