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Imperium Technology GroupIPGGF -35.71%9 Piotroski F-Score is 5 as of Aug. 08, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates IPGGF with a GF Score™ of 9/100 and a GF Value™ of $0.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Imperium Technology Group ranks better than 59.62% 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
Imperium Technology Group 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 Imperium Technology Group's Piotroski F-Score or its related term are showing as below:
IPGGF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Imperium Technology Group was 6. The lowest was 3. And the median was 4.
Imperium Technology Group (OTCPK:IPGGF) 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.
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.
Imperium Technology Group Piotroski F-Score Related Terms
Imperium Technology Group Piotroski F-Score Historical Data
* 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.
IPGGF vs SN, SGI, MHK: Piotroski F-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Imperium Technology 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.
Imperium Technology Group Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Imperium Technology Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Imperium Technology Group's Piotroski F-Score falls into.
* 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.
*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.
Imperium Technology Group's current Net Income (TTM) was -5.56.
==> 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.
Imperium Technology Group's current Cash Flow from Operations (TTM) was -2.54.
==> 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.
Imperium Technology Group's return on assets of this year was -0.43000851. Imperium Technology Group's return on assets of last year was -0.516713.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Imperium Technology Group's gearing of this year was 0.05112907. Imperium Technology Group's gearing of last year was 0.5394055.
==> 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
Imperium Technology Group's current ratio of this year was 0.16788495. Imperium Technology Group's current ratio of last year was 0.19606423.
==> 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.
Imperium Technology Group's number of shares in issue this year was 412.66. Imperium Technology Group's number of shares in issue last year was 397.837.
==> 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.
Imperium Technology Group's gross margin of this year was 0.39405373. Imperium Technology Group's gross margin of last year was 0.14670111.
==> 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
Imperium Technology Group's asset turnover of this year was 0.51272924. Imperium Technology Group's asset turnover of last year was 0.29353595.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Imperium Technology Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Imperium Technology Group (IPGGF) has a Piotroski F-Score of 5 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Imperium Technology Group and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Imperium Technology Group's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Imperium Technology Group ranks #172 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 40.4%.
Is Imperium Technology Group's Piotroski F-Score too high?
Imperium Technology Group's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. Imperium Technology Group's value of 5 is 0% at this industry median. Based on the distribution chart, Imperium Technology Group ranks #172 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Imperium Technology Group has a GF Score™ of 9/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Imperium Technology Group's Piotroski F-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Imperium Technology Group ranks #172 out of 426 companies for Piotroski F-Score. This puts Imperium Technology Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Imperium Technology Group's value of 5 is 0% at this benchmark. Historically, Imperium Technology Group's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Imperium Technology Group 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 Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 426 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. Imperium Technology Group'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 Imperium Technology Group and its competitors. For the Furnishings, Fixtures & Appliances 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. Imperium Technology Group's current Piotroski F-Score is 5, which is 25% above 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 Imperium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Imperium Technology Group (IPGGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.11, compared to a current price of $0.03 — trading 75.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Furnishings, Fixtures & Appliances industry median of 5.00. Imperium Technology Group's overall GF Score™ is 9/100 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 Imperium Technology Group (IPGGF), the current Piotroski F-Score is 5 as of Aug. 08, 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 Imperium Technology Group (IPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Imperium Technology Group stock appears to be undervalued.
The current stock price of $0.03 is trading 75.5% below its estimated GF Value™ of $0.11.
GuruFocus considers Imperium Technology Group to be Possible Value Trap.
Key valuation signals for IPGGF:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: $0.11 vs. price of $0.03 (75.5% below fair value)
Industry Position: 0% at the Furnishings, Fixtures & Appliances median (#172 of 426)
No single metric tells the full story. See the IPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperium Technology Group Ltd publishes licensed online games, including Jiuyin Zhenjing in the Southeast Asia region and Champion Horse Racing over the world. Its segments include Online game, Cloud computing and data storage, Esports, Household products, Property investment, and Money lending. It derives the majority of its revenue from Esports that participates in esports competitions, streaming and marketing event, and merchandise sales. It licenses online games from game developers and earns game publishing service revenue by making a localized version of the licensed games and publishing them to the game players through distribution platforms, include online application stores, web based and mobile game portals in certain countries and regions, including the Group's websites.
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