Focus XploreLSE:FOX Piotroski F-Score is 2 as of Jun. 26, 2026, which is 33% below its 10-year median of 3.00. The stock has 2 warning signs investors should review. Among 2,512 Metals & Mining companies, Focus Xplore ranks worse than 73.89% on this metric.
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
Focus Xplore 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 Focus Xplore's Piotroski F-Score or its related term are showing as below:
LSE:FOX'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 2
During the past 10 years, the highest Piotroski F-Score of Focus Xplore was 4. The lowest was 2. And the median was 3.
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.
Focus Xplore Piotroski F-Score Related Terms
Focus Xplore Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Focus Xplore'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.
LSE:FOX vs NEM, AU, CDE: Piotroski F-Score Comparison
For the Gold subindustry, Focus Xplore'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.
Focus Xplore Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Focus Xplore's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Focus Xplore'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.
Focus Xplore's current Net Income (TTM) was -0.56.
==> 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.
Focus Xplore's return on assets of this year was -34.6875. Focus Xplore's return on assets of last year was -8.72727273.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Focus Xplore's current ratio of this year was 0.06069364. Focus Xplore's current ratio of last year was 0.02442748.
==> 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.
Focus Xplore's number of shares in issue this year was 1489.35. Focus Xplore's number of shares in issue last year was 615.981.
==> 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.
Focus Xplore's gross margin of this year was . Focus Xplore'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
Focus Xplore's asset turnover of this year was 0. Focus Xplore's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Focus Xplore has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Focus Xplore (LSE:FOX) has a Piotroski F-Score of 2 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Focus Xplore and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Focus Xplore's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Focus Xplore ranks #1856 out of 2512 companies in the Metals & Mining industry, placing it in the top 73.9%.
Is Focus Xplore's Piotroski F-Score too high?
Focus Xplore's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Focus Xplore's value of 2 is 33.3% below this industry median. Based on the distribution chart, Focus Xplore ranks #1856 out of 2512 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Focus Xplore's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Focus Xplore ranks #1856 out of 2512 companies for Piotroski F-Score. This places Focus Xplore in the lower half of its industry. The industry median Piotroski F-Score is 3.00. Focus Xplore's value of 2 is 33.3% below this benchmark. Historically, Focus Xplore's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Focus Xplore 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 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. Focus Xplore's current Piotroski F-Score of 2 is 33.3% 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 Focus Xplore 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. Focus Xplore's current Piotroski F-Score is 2, which is 33% below 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 Focus Xplore stock overvalued right now?
Focus Xplore (LSE:FOX) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 33.3% below the Metals & Mining industry median of 3.00. 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 Focus Xplore (LSE:FOX), the current Piotroski F-Score is 2 as of Jun. 26, 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.
Focus Xplore PLC is a strategic energy and critical minerals exploration company. Its priority projects involve prospective uranium, lithium, and magnet metals (selected rare earth elements) exploration. Its projects are Pearl, Iva, White Pine, Burrows, Bay Road, Ellie, Oba, and Wapesi. The group is exploring Ontario, Canada, a mineral resource-rich jurisdiction with an established critical minerals sector to secure its position as a reliable supplier of critical minerals.
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