HCHDF (Hochschild Mining) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 14% Above Median


HCHDF Hochschild Mining PLC HCHDF
73 GF Score
Price $6.24
GF Value $4.57
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hochschild Mining Piotroski F-Score?

Hochschild Mining HCHDF -9.57% 73 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HCHDF with a GF Score™ of 73/100 and a GF Value™ of $4.57 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,511 Metals & Mining companies, Hochschild Mining ranks better than 99% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Hochschild Mining has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

HCHDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Hochschild Mining was 8. The lowest was 4. And the median was 7.

Hochschild Mining  (OTCPK:HCHDF) 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.


Hochschild Mining Piotroski F-Score Related Terms


Hochschild Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hochschild Mining'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.

Hochschild Mining Piotroski F-Score Chart

Hochschild Mining 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 4.00 4.00 7.00 8.00

Hochschild Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 4.00 0.00 7.00 0.00 8.00

HCHDF vs HL: Piotroski F-Score Comparison

For the Other Precious Metals & Mining subindustry, Hochschild Mining'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.


Hochschild Mining Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hochschild Mining's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hochschild Mining's Piotroski F-Score falls into.


HCHDF
73GF Score
Hochschild Mining PLC HCHDF
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 $202 Mil.
Cash Flow from Operations was $424 Mil.
Revenue was $1,182 Mil.
Gross Profit was $504 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1651.499 + 2159.768) / 2 = $1905.6335 Mil.
Total Assets at the begining of this year (Dec24) was $1,651 Mil.
Long-Term Debt & Capital Lease Obligation was $231 Mil.
Total Current Assets was $594 Mil.
Total Current Liabilities was $598 Mil.
Net Income was $97 Mil.

Revenue was $948 Mil.
Gross Profit was $342 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1415.81 + 1651.499) / 2 = $1533.6545 Mil.
Total Assets at the begining of last year (Dec23) was $1,416 Mil.
Long-Term Debt & Capital Lease Obligation was $167 Mil.
Total Current Assets was $337 Mil.
Total Current Liabilities was $464 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.

Hochschild Mining's current Net Income (TTM) was 202. ==> Positive ==> Score 1.

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.

Hochschild Mining's current Cash Flow from Operations (TTM) was 424. ==> 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 (Dec24)
=201.9/1651.499
=0.12225257

ROA (Last Year)=Net Income/Total Assets (Dec23)
=97.005/1415.81
=0.06851555

Hochschild Mining's return on assets of this year was 0.12225257. Hochschild Mining's return on assets of last year was 0.06851555. ==> 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.

Hochschild Mining's current Net Income (TTM) was 202. Hochschild Mining's current Cash Flow from Operations (TTM) was 424. ==> 424 > 202 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=231.34/1905.6335
=0.12139795

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=166.81/1533.6545
=0.10876635

Hochschild Mining's gearing of this year was 0.12139795. Hochschild Mining's gearing of last year was 0.10876635. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=594.144/597.907
=0.99370638

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=336.527/463.686
=0.72576485

Hochschild Mining's current ratio of this year was 0.99370638. Hochschild Mining's current ratio of last year was 0.72576485. ==> 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.

Hochschild Mining's number of shares in issue this year was 514.458. Hochschild Mining's number of shares in issue last year was 514.458. ==> 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
=504.209/1182.148
=0.42651935

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=342.433/947.696
=0.36133211

Hochschild Mining's gross margin of this year was 0.42651935. Hochschild Mining's gross margin of last year was 0.36133211. ==> 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)
=1182.148/1651.499
=0.71580304

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=947.696/1415.81
=0.66936665

Hochschild Mining's asset turnover of this year was 0.71580304. Hochschild Mining's asset turnover of last year was 0.66936665. ==> 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
=1+1+1+1+0+1+1+1+1
=8

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

Hochschild Mining has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Hochschild Mining (HCHDF) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hochschild Mining and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Hochschild Mining's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Hochschild Mining ranks #25 out of 2511 companies in the Metals & Mining industry, placing it in the top 1%.
Is Hochschild Mining's Piotroski F-Score too high?
Hochschild Mining's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Hochschild Mining's value of 8 is 166.7% above this industry median. Based on the distribution chart, Hochschild Mining ranks #25 out of 2511 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hochschild Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hochschild Mining's Piotroski F-Score compare to HL?
According to the Metals & Mining industry distribution chart, Hochschild Mining ranks #25 out of 2511 companies for Piotroski F-Score. This places Hochschild Mining in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Hochschild Mining's value of 8 is 166.7% above this benchmark. Historically, Hochschild Mining's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 3.00, Hochschild Mining has consistently been above 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,511 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. Hochschild Mining's current Piotroski F-Score of 8 is 166.7% above 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 Hochschild Mining and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hochschild Mining's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hochschild Mining stock overvalued right now?
Based on GuruFocus' analysis, Hochschild Mining (HCHDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.57, compared to a current price of $6.24 — trading 36.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 166.7% above the Metals & Mining industry median of 3.00. Hochschild Mining's overall GF Score™ is 73/100 with 1 warning sign 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 Hochschild Mining (HCHDF), the current Piotroski F-Score is 8 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 Hochschild Mining (HCHDF) Overvalued in 2026?

Based on GuruFocus' analysis, Hochschild Mining stock appears to be overvalued. The current stock price of $6.24 is trading 36.5% above its estimated GF Value™ of $4.57. GuruFocus considers Hochschild Mining to be Significantly Overvalued.

Key valuation signals for HCHDF:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $4.57 vs. price of $6.24 (36.5% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 166.7% above the Metals & Mining median (#25 of 2511)

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


Hochschild Mining Business Description

Address 21 Gloucester Place, London, GBR, W1U 8HR
Hochschild Mining PLC is engaged in the mining, processing, and sale of silver and gold. It has one operating mine (Inmaculada) located in southern Peru, one operating mine (San Jose) located in Argentina, and one operating mine (Mara Rosa) located in Brazil. The Group also has a portfolio of projects located across Peru, Argentina, Brazil, and Chile, at various stages of development. Its reportable segments are Inmaculada, San Jose, Mara Rosa, Pallancata, Exploration, and Other. A majority of its revenue is generated from the Inmaculada segment, which generates revenue from the sale of gold and silver (dore). Geographically, the group generates maximum revenue from Canada, followed by Switzerland, the USA, Peru, South Korea, Germany, Japan, and other regions.
73GF Score

Get the complete analysis for HCHDF

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

$6.24
Price
$4.57
GF Value