DDD Group (LSE:DDD) Piotroski F-Score: 2 (As of Jun. 28, 2026) — 50% Below Median


What is DDD Group Piotroski F-Score?

DDD Group LSE:DDD -7.69% Piotroski F-Score is 2 as of Jun. 28, 2026, which is 50% below its 10-year median of 4.00. The stock has 5 warning signs investors should review.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

DDD Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

LSE:DDD' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 2

During the past 13 years, the highest Piotroski F-Score of DDD Group was 7. The lowest was 2. And the median was 4.

DDD Group  (LSE:DDD) 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.


DDD Group Piotroski F-Score Related Terms


DDD Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DDD 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.

DDD Group Piotroski F-Score Chart

DDD Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 3.00 2.00 2.00

DDD Group Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 3.00 0.00 2.00 0.00 2.00

LSE:DDD vs RETC, AGGG, LAAB: Piotroski F-Score Comparison

For the Software - Application subindustry, DDD 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.


DDD Group Piotroski F-Score vs Software Industry

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

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


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 (Dec15) TTM:Last Year (Dec14) TTM:
Net Income was £-2.12 Mil.
Cash Flow from Operations was £-0.78 Mil.
Revenue was £0.47 Mil.
Gross Profit was £0.47 Mil.
Average Total Assets from the begining of this year (Dec14)
to the end of this year (Dec15) was (3.52 + 2.96) / 2 = £3.24 Mil.
Total Assets at the begining of this year (Dec14) was £3.52 Mil.
Long-Term Debt & Capital Lease Obligation was £0.38 Mil.
Total Current Assets was £0.33 Mil.
Total Current Liabilities was £1.35 Mil.
Net Income was £-1.86 Mil.

Revenue was £1.62 Mil.
Gross Profit was £1.62 Mil.
Average Total Assets from the begining of last year (Dec13)
to the end of last year (Dec14) was (4.543 + 3.52) / 2 = £4.0315 Mil.
Total Assets at the begining of last year (Dec13) was £4.54 Mil.
Long-Term Debt & Capital Lease Obligation was £0.58 Mil.
Total Current Assets was £0.81 Mil.
Total Current Liabilities was £0.59 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.

DDD Group's current Net Income (TTM) was -2.12. ==> 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.

DDD Group's current Cash Flow from Operations (TTM) was -0.78. ==> 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 (Dec14)
=-2.123/3.52
=-0.603125

ROA (Last Year)=Net Income/Total Assets (Dec13)
=-1.859/4.543
=-0.40920097

DDD Group's return on assets of this year was -0.603125. DDD Group's return on assets of last year was -0.40920097. ==> 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.

DDD Group's current Net Income (TTM) was -2.12. DDD Group's current Cash Flow from Operations (TTM) was -0.78. ==> -0.78 > -2.12 ==> 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: Dec15)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec14 to Dec15
=0.383/3.24
=0.11820988

Gearing (Last Year: Dec14)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec13 to Dec14
=0.583/4.0315
=0.14461119

DDD Group's gearing of this year was 0.11820988. DDD Group's gearing of last year was 0.14461119. ==> 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

Current Ratio (This Year: Dec15)=Total Current Assets/Total Current Liabilities
=0.325/1.347
=0.24127691

Current Ratio (Last Year: Dec14)=Total Current Assets/Total Current Liabilities
=0.81/0.586
=1.38225256

DDD Group's current ratio of this year was 0.24127691. DDD Group's current ratio of last year was 1.38225256. ==> 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.

DDD Group's number of shares in issue this year was 165.338. DDD Group's number of shares in issue last year was 143.664. ==> 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
=0.466/0.472
=0.98728814

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.615/1.619
=0.99752934

DDD Group's gross margin of this year was 0.98728814. DDD Group's gross margin of last year was 0.99752934. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec14)
=0.472/3.52
=0.13409091

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec13)
=1.619/4.543
=0.35637244

DDD Group's asset turnover of this year was 0.13409091. DDD Group's asset turnover of last year was 0.35637244. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0+0+0+0
=2

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

DDD Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
DDD Group (LSE:DDD) has a Piotroski F-Score of 2 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DDD Group and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, DDD Group's Piotroski F-Score has ranged from 2.00 to 7.00.
Is DDD Group's Piotroski F-Score too high?
DDD Group's current Piotroski F-Score of 2 is 50% below 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 7.00. The Software industry median Piotroski F-Score is 5.00. DDD Group's value of 2 is 60% below this industry median.
How does DDD Group's Piotroski F-Score compare to RETC and AGGG?
DDD Group's Piotroski F-Score of 2 can be compared against companies in the Software industry. The industry median Piotroski F-Score is 5.00. DDD Group's value of 2 is 60% below this benchmark. Historically, DDD Group's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, DDD Group 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 2,744 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. DDD Group's current Piotroski F-Score of 2 is 60% 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 DDD Group 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. DDD Group's current Piotroski F-Score is 2, which is 50% below 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 DDD Group stock overvalued right now?
DDD Group (LSE:DDD) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Software industry median of 5.00. 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 DDD Group (LSE:DDD), the current Piotroski F-Score is 2 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.

DDD Group Business Description

DDD Group PLC is a developer and licensor of intellectual property in the advanced imaging market for consumer entertainment products. The company offers intelligent video software solutions for the video chat, conferencing, game casting, webcasting and social photography markets. It also delivers Stereoscopic 3D displays which convert photos, videos and games from 2D to 3D available for televisions, laptops, PC monitors, tablets and mobile phones. The company's intelligent video solutions include real-time identification of the user from their webcam image that allows the user's immediate background to be removed and replaced with alternate images.