HUBC (Hub Cyber Security) Piotroski F-Score: 4 (As of Jun. 24, 2026) — Near Median


HUBC Hub Cyber Security Ltd HUBC
32 GF Score
Price $1.56
! 6 Warning Signs
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What is Hub Cyber Security Piotroski F-Score?

Hub Cyber Security HUBC -9.43% 32 Piotroski F-Score is 4 as of Jun. 24, 2026, which is at its 10-year median of 4.00. GuruFocus rates HUBC with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 2,739 Software companies, Hub Cyber Security ranks worse than 60.13% 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

Hub Cyber Security 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 Hub Cyber Security's Piotroski F-Score or its related term are showing as below:

HUBC' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 4
Current: 4

During the past 7 years, the highest Piotroski F-Score of Hub Cyber Security was 4. The lowest was 2. And the median was 4.

Hub Cyber Security  (NAS:HUBC) 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.


Hub Cyber Security Piotroski F-Score Related Terms


Hub Cyber Security Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hub Cyber Security'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.

Hub Cyber Security Piotroski F-Score Chart

Hub Cyber Security Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial N/A 2.00 4.00 4.00 4.00

Hub Cyber Security Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.00 0.00 4.00 0.00

HUBC vs ATDS, IMTH, GMTH: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Hub Cyber Security'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.


Hub Cyber Security Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Hub Cyber Security's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hub Cyber Security's Piotroski F-Score falls into.


HUBC
32GF Score
Hub Cyber Security Ltd HUBC
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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was $-39.76 Mil.
Cash Flow from Operations was $-17.11 Mil.
Revenue was $29.56 Mil.
Gross Profit was $5.05 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (32.59 + 27.416) / 2 = $30.003 Mil.
Total Assets at the begining of this year (Dec23) was $32.59 Mil.
Long-Term Debt & Capital Lease Obligation was $1.21 Mil.
Total Current Assets was $18.40 Mil.
Total Current Liabilities was $106.07 Mil.
Net Income was $-87.45 Mil.

Revenue was $42.66 Mil.
Gross Profit was $0.75 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (74.793 + 32.59) / 2 = $53.6915 Mil.
Total Assets at the begining of last year (Dec22) was $74.79 Mil.
Long-Term Debt & Capital Lease Obligation was $1.71 Mil.
Total Current Assets was $20.11 Mil.
Total Current Liabilities was $80.48 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.

Hub Cyber Security's current Net Income (TTM) was -39.76. ==> 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.

Hub Cyber Security's current Cash Flow from Operations (TTM) was -17.11. ==> 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 (Dec23)
=-39.757/32.59
=-1.21991408

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-87.446/74.793
=-1.16917359

Hub Cyber Security's return on assets of this year was -1.21991408. Hub Cyber Security's return on assets of last year was -1.16917359. ==> 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.

Hub Cyber Security's current Net Income (TTM) was -39.76. Hub Cyber Security's current Cash Flow from Operations (TTM) was -17.11. ==> -17.11 > -39.76 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1.212/30.003
=0.04039596

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=1.712/53.6915
=0.03188587

Hub Cyber Security's gearing of this year was 0.04039596. Hub Cyber Security's gearing of last year was 0.03188587. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=18.402/106.074
=0.17348266

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=20.109/80.479
=0.24986642

Hub Cyber Security's current ratio of this year was 0.17348266. Hub Cyber Security's current ratio of last year was 0.24986642. ==> 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.

Hub Cyber Security's number of shares in issue this year was 0. Hub Cyber Security'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
=5.047/29.562
=0.17072593

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.75/42.657
=0.01758211

Hub Cyber Security's gross margin of this year was 0.17072593. Hub Cyber Security's gross margin of last year was 0.01758211. ==> 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 (Dec23)
=29.562/32.59
=0.90708806

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=42.657/74.793
=0.57033412

Hub Cyber Security's asset turnover of this year was 0.90708806. Hub Cyber Security's asset turnover of last year was 0.57033412. ==> 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+0+0+1+1+1
=4

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

Hub Cyber Security 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?
Hub Cyber Security (HUBC) has a Piotroski F-Score of 4 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hub Cyber Security and its competitors. This is near median its historical median of 4.00. Over the past decade, Hub Cyber Security's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Hub Cyber Security ranks #1647 out of 2739 companies in the Software industry, placing it in the top 60.1%.
Is Hub Cyber Security's Piotroski F-Score too high?
Hub Cyber Security's 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 2.00 to a high of 4.00. The Software industry median Piotroski F-Score is 5.00. Hub Cyber Security's value of 4 is 20% below this industry median. Based on the distribution chart, Hub Cyber Security ranks #1647 out of 2739 companies in the Software industry, which is below the industry midpoint. Overall, Hub Cyber Security has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Hub Cyber Security's Piotroski F-Score compare to ATDS and IMTH?
According to the Software industry distribution chart, Hub Cyber Security ranks #1647 out of 2739 companies for Piotroski F-Score. This places Hub Cyber Security in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hub Cyber Security's value of 4 is 20% below this benchmark. Historically, Hub Cyber Security's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Hub Cyber Security 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,739 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. Hub Cyber Security'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 Hub Cyber Security and its competitors. For the Software 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. Hub Cyber Security'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 Hub Cyber Security stock overvalued right now?
Hub Cyber Security (HUBC) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Software industry median of 5.00. Hub Cyber Security's overall GF Score™ is 32/100 with 6 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 Hub Cyber Security (HUBC), the current Piotroski F-Score is 4 as of Jun. 24, 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.

Hub Cyber Security Business Description

Address 2 Kaplan Street, Tel Aviv, ISR, 6473403
Hub Cyber Security Ltd is engaged in the development of cyber products, software, quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services. The company has two operating segments: the Product and Technology Segment, and the Professional Services Segment. The majority of its revenue comes from the professional services segment, which provides data and cybersecurity, system security and reliability solutions, as well as related services such as consulting, planning, training, integration, and ongoing servicing of cybersecurity, risk management, system quality, reliability, and security projects, including fully managed corporate cybersecurity services.
32GF Score

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

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