ISVLF (IMPACT Silver) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 75% Above Median


ISVLF IMPACT Silver Corp ISVLF
46 GF Score
Price $0.21
GF Value $0.31
Valuation Significantly Undervalued
! 1 Warning Sign
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What is IMPACT Silver Piotroski F-Score?

IMPACT Silver ISVLF +0.32% 46 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates ISVLF with a GF Score™ of 46/100 and a GF Value™ of $0.31 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,508 Metals & Mining companies, IMPACT Silver ranks better than 95.49% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

IMPACT Silver has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

ISVLF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of IMPACT Silver was 8. The lowest was 1. And the median was 4.

IMPACT Silver  (OTCPK:ISVLF) 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.


IMPACT Silver Piotroski F-Score Related Terms


IMPACT Silver Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for IMPACT Silver'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.

IMPACT Silver Piotroski F-Score Chart

IMPACT Silver 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 3.00 2.00 3.00 5.00 5.00

IMPACT Silver 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 5.00 5.00 5.00 5.00 7.00

ISVLF vs EXK: Piotroski F-Score Comparison

For the Silver subindustry, IMPACT Silver'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.


IMPACT Silver Piotroski F-Score vs Metals & Mining Industry

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

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


ISVLF
46GF Score
IMPACT Silver Corp ISVLF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -1.473 + -0.437 + -5.47 + 8.225 = $0.85 Mil.
Cash Flow from Operations was -0.558 + -0.216 + 1.267 + 12.673 = $13.17 Mil.
Revenue was 7.169 + 7.721 + 12.554 + 22.707 = $50.15 Mil.
Gross Profit was 0.723 + 0.389 + 4.813 + 14.816 = $20.74 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(36.312 + 40.034 + 52.265 + 51.73 + 69.331) / 5 = $49.9344 Mil.
Total Assets at the begining of this year (Mar25) was $36.31 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Total Current Assets was $44.96 Mil.
Total Current Liabilities was $10.00 Mil.
Net Income was -2.816 + -2.289 + 1.114 + -0.066 = $-4.06 Mil.

Revenue was 5.634 + 6.382 + 7.15 + 7.467 = $26.63 Mil.
Gross Profit was -0.733 + 0.069 + 0.738 + 1.501 = $1.58 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(65.089 + 65.582 + 61.425 + 35.905 + 36.312) / 5 = $52.8626 Mil.
Total Assets at the begining of last year (Mar24) was $65.09 Mil.
Long-Term Debt & Capital Lease Obligation was $0.04 Mil.
Total Current Assets was $9.22 Mil.
Total Current Liabilities was $2.43 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.

IMPACT Silver's current Net Income (TTM) was 0.85. ==> 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.

IMPACT Silver's current Cash Flow from Operations (TTM) was 13.17. ==> 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 (Mar25)
=0.845/36.312
=0.02327054

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-4.057/65.089
=-0.06233004

IMPACT Silver's return on assets of this year was 0.02327054. IMPACT Silver's return on assets of last year was -0.06233004. ==> 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.

IMPACT Silver's current Net Income (TTM) was 0.85. IMPACT Silver's current Cash Flow from Operations (TTM) was 13.17. ==> 13.17 > 0.85 ==> 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
=0.077/49.9344
=0.00154202

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.041/52.8626
=0.0007756

IMPACT Silver's gearing of this year was 0.00154202. IMPACT Silver's gearing of last year was 0.0007756. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=44.964/10.002
=4.4955009

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=9.218/2.434
=3.78718159

IMPACT Silver's current ratio of this year was 4.4955009. IMPACT Silver's current ratio of last year was 3.78718159. ==> 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.

IMPACT Silver's number of shares in issue this year was 353.927. IMPACT Silver's number of shares in issue last year was 247.429. ==> 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
=20.741/50.151
=0.41357102

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.575/26.633
=0.05913716

IMPACT Silver's gross margin of this year was 0.41357102. IMPACT Silver's gross margin of last year was 0.05913716. ==> 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)
=50.151/36.312
=1.38111368

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=26.633/65.089
=0.4091782

IMPACT Silver's asset turnover of this year was 1.38111368. IMPACT Silver's asset turnover of last year was 0.4091782. ==> 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+0+1+1
=7

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

IMPACT Silver has an F-score of 7. 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 7 mean?
IMPACT Silver (ISVLF) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on IMPACT Silver and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, IMPACT Silver's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, IMPACT Silver ranks #113 out of 2508 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is IMPACT Silver's Piotroski F-Score too high?
IMPACT Silver's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. IMPACT Silver's value of 7 is 133.3% above this industry median. Based on the distribution chart, IMPACT Silver ranks #113 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, IMPACT Silver has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMPACT Silver's Piotroski F-Score compare to EXK?
According to the Metals & Mining industry distribution chart, IMPACT Silver ranks #113 out of 2508 companies for Piotroski F-Score. This places IMPACT Silver in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. IMPACT Silver's value of 7 is 133.3% above this benchmark. Historically, IMPACT Silver's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, IMPACT Silver 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 2,508 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. IMPACT Silver's current Piotroski F-Score of 7 is 133.3% 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 IMPACT Silver 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. IMPACT Silver's current Piotroski F-Score is 7, which is 75% 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 IMPACT Silver stock overvalued right now?
Based on GuruFocus' analysis, IMPACT Silver (ISVLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.31, compared to a current price of $0.21 — trading 32.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 133.3% above the Metals & Mining industry median of 3.00. IMPACT Silver's overall GF Score™ is 46/100 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 IMPACT Silver (ISVLF), the current Piotroski F-Score is 7 as of Jun. 28, 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 IMPACT Silver (ISVLF) Overvalued in 2026?

Based on GuruFocus' analysis, IMPACT Silver stock appears to be undervalued. The current stock price of $0.21 is trading 32.7% below its estimated GF Value™ of $0.31. GuruFocus considers IMPACT Silver to be Significantly Undervalued.

Key valuation signals for ISVLF:

  • Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
  • GF Value™: $0.31 vs. price of $0.21 (32.7% below fair value)
  • GF Score™: 46/100 with 1 warning sign
  • Industry Position: 133.3% above the Metals & Mining median (#113 of 2508)

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


IMPACT Silver Business Description

Other Exchanges IKL:GermanyIPT:Canada
Address 303 - 543 Granville Street, Vancouver, BC, CAN, V6C 1X8
IMPACT Silver Corp and its subsidiaries are engaged in silver mining and related activities, including exploration, development, and mineral processing in Mexico. The company operates a series of mines near Zacualpan in the state of Mexico and in Guerrero state and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. It has one operating segment and two reportable segments based on the geographic area, which is Mexico and Canada, and the majority of the revenue comes from Mexico.
46GF Score

Get the complete analysis for ISVLF

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

$0.21
Price
$0.31
GF Value