Lakes Blue Energy NLLKOLF 29 Piotroski F-Score is 4 as of Jun. 25, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates LKOLF with a GF Score™ of 29/100. Among 975 Oil & Gas companies, Lakes Blue Energy NL ranks worse than 58.77% 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
Lakes Blue Energy NL 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 Lakes Blue Energy NL's Piotroski F-Score or its related term are showing as below:
LKOLF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 4
Current: 4
During the past 13 years, the highest Piotroski F-Score of Lakes Blue Energy NL was 4. The lowest was 1. And the median was 3.
Lakes Blue Energy NL (OTCPK:LKOLF) 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.
Lakes Blue Energy NL Piotroski F-Score Related Terms
Lakes Blue Energy NL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Lakes Blue Energy NL'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.
LKOLF vs COP, EOG, OXY: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, Lakes Blue Energy NL'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.
Lakes Blue Energy NL Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Lakes Blue Energy NL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Lakes Blue Energy NL'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.
Lakes Blue Energy NL's current Net Income (TTM) was 2.44.
==> 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.
Lakes Blue Energy NL's return on assets of this year was 0.2284511. Lakes Blue Energy NL's return on assets of last year was -0.02586288.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Lakes Blue Energy NL's gearing of this year was 0. Lakes Blue Energy NL's gearing of last year was 0.
==> 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
Lakes Blue Energy NL's current ratio of this year was 1.21086262. Lakes Blue Energy NL's current ratio of last year was 1.01311475.
==> 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.
Lakes Blue Energy NL's number of shares in issue this year was 58.763. Lakes Blue Energy NL's number of shares in issue last year was 58.534.
==> 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.
Lakes Blue Energy NL's gross margin of this year was . Lakes Blue Energy NL's gross margin of last year was .
==> Last year's gross margin is higher ==> Score 0.
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
Lakes Blue Energy NL's asset turnover of this year was 0. Lakes Blue Energy NL's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Lakes Blue Energy NL has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Lakes Blue Energy NL (LKOLF) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lakes Blue Energy NL and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Lakes Blue Energy NL's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Lakes Blue Energy NL ranks #573 out of 975 companies in the Oil & Gas industry, placing it in the top 58.8%.
Is Lakes Blue Energy NL's Piotroski F-Score too high?
Lakes Blue Energy NL's current Piotroski F-Score of 4 is 33% 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 4.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Lakes Blue Energy NL's value of 4 is 20% below this industry median. Based on the distribution chart, Lakes Blue Energy NL ranks #573 out of 975 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Lakes Blue Energy NL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Lakes Blue Energy NL's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Lakes Blue Energy NL ranks #573 out of 975 companies for Piotroski F-Score. This places Lakes Blue Energy NL in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Lakes Blue Energy NL's value of 4 is 20% below this benchmark. Historically, Lakes Blue Energy NL's own Piotroski F-Score has ranged from 1.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Lakes Blue Energy NL 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 975 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. Lakes Blue Energy NL'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 Lakes Blue Energy NL and its competitors. For the Oil & Gas 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. Lakes Blue Energy NL's current Piotroski F-Score is 4, which is 33% 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 Lakes Blue Energy NL stock overvalued right now?
Lakes Blue Energy NL (LKOLF) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Oil & Gas industry median of 5.00. Lakes Blue Energy NL's overall GF Score™ is 29/100. 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 Lakes Blue Energy NL (LKOLF), the current Piotroski F-Score is 4 as of Jun. 25, 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.
Lakes Blue Energy NL is engaged in the operation and exploration of oil and gas reserves. The projects of the company include Wombat Gas Field, Trifon-Gangell Gas Field, Baragwanath Gas Field, Portland Energy Project, Roma Shelf Projec, Buna, and other projects.
29GF Score
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