Seascape Energy Asia (LSE:SEA) Piotroski F-Score: 4 (As of Jul. 03, 2026) — 33% Above Median


LSE:SEA Seascape Energy Asia PLC LSE:SEA
35 GF Score
Price £0.89
! 3 Warning Signs
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What is Seascape Energy Asia Piotroski F-Score?

Seascape Energy Asia LSE:SEA 35 Piotroski F-Score is 4 as of Jul. 03, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates LSE:SEA with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 973 Oil & Gas companies, Seascape Energy Asia ranks worse than 58.99% 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

Seascape Energy Asia 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 Seascape Energy Asia's Piotroski F-Score or its related term are showing as below:

LSE:SEA' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 4
Current: 4

During the past 7 years, the highest Piotroski F-Score of Seascape Energy Asia was 4. The lowest was 1. And the median was 3.

Seascape Energy Asia  (LSE:SEA) 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.


Seascape Energy Asia Piotroski F-Score Related Terms


Seascape Energy Asia Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Seascape Energy Asia'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.

Seascape Energy Asia Piotroski F-Score Chart

Seascape Energy Asia Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 1.00 3.00 3.00 2.00 4.00

Seascape Energy Asia Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.00 0.00 2.00 0.00 4.00

LSE:SEA vs COP, EOG, FANG: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, Seascape Energy Asia'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.


Seascape Energy Asia Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seascape Energy Asia's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Seascape Energy Asia's Piotroski F-Score falls into.


LSE:SEA
35GF Score
Seascape Energy Asia PLC LSE:SEA
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was £5.44 Mil.
Cash Flow from Operations was £-2.99 Mil.
Revenue was £0.00 Mil.
Gross Profit was £0.00 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4.417 + 10.91) / 2 = £7.6635 Mil.
Total Assets at the begining of this year (Dec24) was £4.42 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Current Assets was £6.55 Mil.
Total Current Liabilities was £1.62 Mil.
Net Income was £-16.45 Mil.

Revenue was £0.00 Mil.
Gross Profit was £0.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (18.073 + 4.417) / 2 = £11.245 Mil.
Total Assets at the begining of last year (Dec23) was £18.07 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Current Assets was £4.12 Mil.
Total Current Liabilities was £1.44 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.

Seascape Energy Asia's current Net Income (TTM) was 5.44. ==> 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.

Score 1 if positive, 0 if negative.

Seascape Energy Asia's current Cash Flow from Operations (TTM) was -2.99. ==> 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 (Dec24)
=5.442/4.417
=1.23205796

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-16.447/18.073
=-0.91003154

Seascape Energy Asia's return on assets of this year was 1.23205796. Seascape Energy Asia's return on assets of last year was -0.91003154. ==> 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.

Seascape Energy Asia's current Net Income (TTM) was 5.44. Seascape Energy Asia's current Cash Flow from Operations (TTM) was -2.99. ==> -2.99 <= 5.44 ==> CFROA <= ROA ==> Score 0.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/7.6635
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/11.245
=0

Seascape Energy Asia's gearing of this year was 0. Seascape Energy Asia'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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=6.549/1.62
=4.04259259

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4.12/1.443
=2.85516286

Seascape Energy Asia's current ratio of this year was 4.04259259. Seascape Energy Asia's current ratio of last year was 2.85516286. ==> 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.

Seascape Energy Asia's number of shares in issue this year was 68.704. Seascape Energy Asia's number of shares in issue last year was 57.545. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Seascape Energy Asia's gross margin of this year was . Seascape Energy Asia'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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=0/4.417
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/18.073
=0

Seascape Energy Asia's asset turnover of this year was 0. Seascape Energy Asia's asset turnover of last year was 0. ==> 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
=1+0+1+0+1+1+0+0+0
=4

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

Seascape Energy Asia has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Seascape Energy Asia (LSE:SEA) has a Piotroski F-Score of 4 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Seascape Energy Asia and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Seascape Energy Asia's Piotroski F-Score has ranged from 1.00 to 4.00. According to the industry distribution chart, Seascape Energy Asia ranks #574 out of 973 companies in the Oil & Gas industry, placing it in the top 59%.
Is Seascape Energy Asia's Piotroski F-Score too high?
Seascape Energy Asia'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. Seascape Energy Asia's value of 4 is 20% below this industry median. Based on the distribution chart, Seascape Energy Asia ranks #574 out of 973 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Seascape Energy Asia has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Seascape Energy Asia's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Seascape Energy Asia ranks #574 out of 973 companies for Piotroski F-Score. This places Seascape Energy Asia in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Seascape Energy Asia's value of 4 is 20% below this benchmark. Historically, Seascape Energy Asia'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, Seascape Energy Asia 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 973 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. Seascape Energy Asia'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 Seascape Energy Asia 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. Seascape Energy Asia'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 Seascape Energy Asia stock overvalued right now?
Seascape Energy Asia (LSE:SEA) 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. Seascape Energy Asia's overall GF Score™ is 35/100 with 3 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 Seascape Energy Asia (LSE:SEA), the current Piotroski F-Score is 4 as of Jul. 03, 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.

Seascape Energy Asia Business Description

Industry EnergyOil & Gas
Other Exchanges 8YG:Germany
Address One New Change, 5th Floor, London, GBR, EC4M 9AF
Seascape Energy Asia PLC is an oil and gas exploration and production company. The principal activities of the company and its subsidiaries are to explore, develop and produce hydrocarbons, particularly gas. The company focuses on drill-bit, both through infill drilling in existing fields and through near-field exploration drilling. The company's business operations are held in Malaysia and Norway.
35GF Score

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