Ledyard Financial GroupLFGP 62 Piotroski F-Score is 6 as of Jun. 24, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates LFGP with a GF Score™ of 62/100 and a GF Value™ of $20.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,498 Banks companies, Ledyard Financial Group ranks better than 60.48% 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
Ledyard Financial Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Ledyard Financial Group's Piotroski F-Score or its related term are showing as below:
LFGP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Ledyard Financial Group was 7. The lowest was 3. And the median was 5.
Ledyard Financial Group (OTCPK:LFGP) 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.
Ledyard Financial Group Piotroski F-Score Related Terms
Ledyard Financial Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Ledyard Financial Group'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.
LFGP vs BAOB, NIDB, NEFB: Piotroski F-Score Comparison
For the Banks - Regional subindustry, Ledyard Financial 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.
Ledyard Financial Group Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Ledyard Financial Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Ledyard Financial 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.
Ledyard Financial Group's current Net Income (TTM) was 6.03.
==> 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.
Ledyard Financial Group's current Cash Flow from Operations (TTM) was 9.36.
==> 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.
Ledyard Financial Group's return on assets of this year was 0.00633612. Ledyard Financial Group's return on assets of last year was 0.00390602.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Ledyard Financial Group's gearing of this year was 0.10407799. Ledyard Financial Group's gearing of last year was 0.05454026.
==> 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
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Ledyard Financial Group's current ratio of this year was 1.06300965. Ledyard Financial Group's current ratio of last year was 1.0646102.
==> 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.
Ledyard Financial Group's number of shares in issue this year was 3.358. Ledyard Financial Group's number of shares in issue last year was 3.328.
==> 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.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Ledyard Financial Group's net margin of this year was 0.13930279. Ledyard Financial Group's net margin of last year was 0.10038425.
==> This year's net 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
Ledyard Financial Group's asset turnover of this year was 0.04548449. Ledyard Financial Group's asset turnover of last year was 0.03891066.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Ledyard Financial Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Ledyard Financial Group (LFGP) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ledyard Financial Group and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Ledyard Financial Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Ledyard Financial Group ranks #592 out of 1498 companies in the Banks industry, placing it in the top 39.5%.
Is Ledyard Financial Group's Piotroski F-Score too high?
Ledyard Financial Group's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Banks industry median Piotroski F-Score is 6.00. Ledyard Financial Group's value of 6 is 0% at this industry median. Based on the distribution chart, Ledyard Financial Group ranks #592 out of 1498 companies in the Banks industry, which is above the industry midpoint. Overall, Ledyard Financial Group has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledyard Financial Group's Piotroski F-Score compare to BAOB and NIDB?
According to the Banks industry distribution chart, Ledyard Financial Group ranks #592 out of 1498 companies for Piotroski F-Score. This puts Ledyard Financial Group in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Ledyard Financial Group's value of 6 is 0% at this benchmark. Historically, Ledyard Financial Group's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Ledyard Financial 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 Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,498 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. Ledyard Financial Group's current Piotroski F-Score of 6 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 Ledyard Financial Group and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledyard Financial Group's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledyard Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Ledyard Financial Group (LFGP) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.38, compared to a current price of $17.00 — trading 16.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Banks industry median of 6.00. Ledyard Financial Group's overall GF Score™ is 62/100 with 4 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 Ledyard Financial Group (LFGP), the current Piotroski F-Score is 6 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.
Is Ledyard Financial Group (LFGP) Overvalued in 2026?
Based on GuruFocus' analysis, Ledyard Financial Group stock appears to be undervalued.
The current stock price of $17.00 is trading 16.6% below its estimated GF Value™ of $20.38.
GuruFocus considers Ledyard Financial Group to be Modestly Undervalued.
Key valuation signals for LFGP:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: $20.38 vs. price of $17.00 (16.6% below fair value)
Industry Position: 0% at the Banks median (#592 of 1498)
No single metric tells the full story. See the LFGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ledyard Financial Group Inc is a bank holding company. Through its banking subsidiary, it provides retail and commercial banking and wealth advisory services through office locations in New Hampshire and Vermont. The Group operates in two segments: Banking and Wealth Advisory Services. Maximum revenue is generated from the Banking segment, which principally consists of lending to commercial and consumer customers, as well as deposit gathering activities. Wealth Advisory Services segment includes, as its principal business lines, financial planning services, investment management services, personal tax services, trustee services, and estate planning.
62GF Score
Get the complete analysis for LFGP
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