HCMC (Healthier Choices Management) Piotroski F-Score: 5 (As of Jul. 04, 2026) — 67% Above Median


What is Healthier Choices Management Piotroski F-Score?

Healthier Choices Management HCMC Piotroski F-Score is 5 as of Jul. 04, 2026, which is 67% above its 10-year median of 3.00. The stock has 2 warning signs investors should review. Among 48 Tobacco Products companies, Healthier Choices Management ranks better than 54.17% 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

Healthier Choices Management 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 Healthier Choices Management's Piotroski F-Score or its related term are showing as below:

HCMC' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 5
Current: 5

During the past 13 years, the highest Piotroski F-Score of Healthier Choices Management was 5. The lowest was 1. And the median was 3.

Healthier Choices Management  (OTCPK:HCMC) 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.


Healthier Choices Management Piotroski F-Score Related Terms


Healthier Choices Management Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Healthier Choices Management'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.

Healthier Choices Management Piotroski F-Score Chart

Healthier Choices Management 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 4.00 2.00 3.00 3.00 5.00

Healthier Choices Management 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 4.00 3.00 5.00 5.00

HCMC vs CHUC, RYM, PYYX: Piotroski F-Score Comparison

For the Tobacco subindustry, Healthier Choices Management'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.


Healthier Choices Management Piotroski F-Score vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Healthier Choices Management's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Healthier Choices Management'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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -1.992 + -2.076 + -0.766 + -0.787 = $-5.62 Mil.
Cash Flow from Operations was -1.008 + -1.066 + -0.823 + -0.609 = $-3.51 Mil.
Revenue was 0.001 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was -0.023 + 0 + -0.006 + 0 = $-0.03 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1.673 + 1.538 + 1.525 + 1.468 + 1.435) / 5 = $1.5278 Mil.
Total Assets at the begining of this year (Mar25) was $1.67 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $1.32 Mil.
Total Current Liabilities was $2.14 Mil.
Net Income was -2.507 + -4.347 + -2.176 + -2.184 = $-11.21 Mil.

Revenue was 0 + 0 + 0 + 0.002 = $0.00 Mil.
Gross Profit was 0 + 0 + -0.066 + 0.001 = $-0.07 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(29.132 + 27.612 + 3.785 + 2.22 + 1.673) / 5 = $12.8844 Mil.
Total Assets at the begining of last year (Mar24) was $29.13 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $1.44 Mil.
Total Current Liabilities was $3.18 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.

Healthier Choices Management's current Net Income (TTM) was -5.62. ==> 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.

Healthier Choices Management's current Cash Flow from Operations (TTM) was -3.51. ==> 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 (Mar25)
=-5.621/1.673
=-3.35983264

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-11.214/29.132
=-0.38493753

Healthier Choices Management's return on assets of this year was -3.35983264. Healthier Choices Management's return on assets of last year was -0.38493753. ==> 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.

Healthier Choices Management's current Net Income (TTM) was -5.62. Healthier Choices Management's current Cash Flow from Operations (TTM) was -3.51. ==> -3.51 > -5.62 ==> 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
=0/1.5278
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.001/12.8844
=7.761E-5

Healthier Choices Management's gearing of this year was 0. Healthier Choices Management's gearing of last year was 7.761E-5. ==> 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
=1.319/2.144
=0.61520522

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1.438/3.183
=0.45177505

Healthier Choices Management's current ratio of this year was 0.61520522. Healthier Choices Management's current ratio of last year was 0.45177505. ==> 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.

Healthier Choices Management's number of shares in issue this year was 526423.085. Healthier Choices Management's number of shares in issue last year was 481266.632. ==> 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
=-0.029/0.001
=-29

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-0.065/0.002
=-32.5

Healthier Choices Management's gross margin of this year was -29. Healthier Choices Management's gross margin of last year was -32.5. ==> 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 (Mar25)
=0.001/1.673
=0.00059773

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0.002/29.132
=6.865E-5

Healthier Choices Management's asset turnover of this year was 0.00059773. Healthier Choices Management's asset turnover of last year was 6.865E-5. ==> 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+0+1+1+1+0+1+1
=5

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

Healthier Choices Management 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?
Healthier Choices Management (HCMC) has a Piotroski F-Score of 5 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Healthier Choices Management and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Healthier Choices Management's Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Healthier Choices Management ranks #22 out of 48 companies in the Tobacco Products industry, placing it in the top 45.8%.
Is Healthier Choices Management's Piotroski F-Score too high?
Healthier Choices Management's current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. The Tobacco Products industry median Piotroski F-Score is 5.00. Healthier Choices Management's value of 5 is 0% at this industry median. Based on the distribution chart, Healthier Choices Management ranks #22 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint.
How does Healthier Choices Management's Piotroski F-Score compare to CHUC and RYM?
According to the Tobacco Products industry distribution chart, Healthier Choices Management ranks #22 out of 48 companies for Piotroski F-Score. This puts Healthier Choices Management in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Healthier Choices Management's value of 5 is 0% at this benchmark. Historically, Healthier Choices Management's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Healthier Choices Management 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 a Tobacco Products company?
The median Piotroski F-Score among Tobacco Products companies is 5.00, based on 48 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. Healthier Choices Management'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 Healthier Choices Management and its competitors. For the Tobacco Products 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. Healthier Choices Management's current Piotroski F-Score is 5, which is 67% above 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 Healthier Choices Management stock overvalued right now?
Healthier Choices Management (HCMC) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Tobacco Products 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 Healthier Choices Management (HCMC), the current Piotroski F-Score is 5 as of Jul. 04, 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.

Healthier Choices Management Business Description

Address 3800 North 28th Way, Hollywood, FL, USA, 33020
Healthier Choices Management Corp is a United States-based holding company focused on monetizing its intellectual property through royalty and licensing agreements, facilitated by its wholly owned subsidiary. Its portfolio includes patents related to products, such as the Q-Cup and Imitine, which the company actively markets. The company has only one reportable segment. It also promote its patented Q-Cup technology directly to consumers in the vaping market.