Hudbay MineralsLTS:0AHJ +1.41%72 Piotroski F-Score is 6 as of Jun. 30, 2026, which is at its 10-year median of 6.00. GuruFocus rates LTS:0AHJ with a GF Score™ of 72/100 and a GF Value™ of C$13.98 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,507 Metals & Mining companies, Hudbay Minerals ranks better than 91.34% 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
Hudbay Minerals 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 Hudbay Minerals's Piotroski F-Score or its related term are showing as below:
LTS:0AHJ'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Hudbay Minerals was 8. The lowest was 3. And the median was 6.
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.
Hudbay Minerals Piotroski F-Score Related Terms
Hudbay Minerals Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hudbay Minerals'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.
LTS:0AHJ vs SCCO, FCX: Piotroski F-Score Comparison
For the Copper subindustry, Hudbay Minerals'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.
Hudbay Minerals Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hudbay Minerals's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hudbay Minerals'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 160.872 + 307.668 + 176.576 + 261.229 = C$906 Mil. Cash Flow from Operations was 355.231 + 157.016 + 288.867 + 289.904 = C$1,091 Mil. Revenue was 733.152 + 479.763 + 1011.036 + 1039.016 = C$3,263 Mil. Gross Profit was 241.24 + 90.336 + 372.603 + 504.896 = C$1,209 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7905.849 + 7693.17 + 8185.301 + 8585.042 + 9462.547) / 5 = C$8366.3818 Mil. Total Assets at the begining of this year (Mar25) was C$7,906 Mil. Long-Term Debt & Capital Lease Obligation was C$774 Mil. Total Current Assets was C$2,129 Mil. Total Current Liabilities was C$1,570 Mil.
Net Income was -22.613 + 67.324 + 30.204 + 144.134 = C$219 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.
Hudbay Minerals's current Net Income (TTM) was 906.
==> 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.
Hudbay Minerals's return on assets of this year was 0.11464234. Hudbay Minerals's return on assets of last year was 0.03093447.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hudbay Minerals's gearing of this year was 0.09247379. Hudbay Minerals's gearing of last year was 0.21890661.
==> 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
Hudbay Minerals's current ratio of this year was 1.35587618. Hudbay Minerals's current ratio of last year was 2.31573228.
==> 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.
Hudbay Minerals's number of shares in issue this year was 398.755. Hudbay Minerals's number of shares in issue last year was 395.709.
==> 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.
Hudbay Minerals's gross margin of this year was 0.37054466. Hudbay Minerals's gross margin of last year was 0.30407217.
==> This year's gross 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
Hudbay Minerals's asset turnover of this year was 0.41272822. Hudbay Minerals's asset turnover of last year was 0.41357592.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hudbay Minerals has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Hudbay Minerals (LTS:0AHJ) has a Piotroski F-Score of 6 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hudbay Minerals and its competitors. This is near median its historical median of 6.00. Over the past decade, Hudbay Minerals' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Hudbay Minerals ranks #217 out of 2507 companies in the Metals & Mining industry, placing it in the top 8.7%.
Is Hudbay Minerals' Piotroski F-Score too high?
Hudbay Minerals' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Hudbay Minerals' value of 6 is 100% above this industry median. Based on the distribution chart, Hudbay Minerals ranks #217 out of 2507 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hudbay Minerals has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudbay Minerals' Piotroski F-Score compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hudbay Minerals ranks #217 out of 2507 companies for Piotroski F-Score. This places Hudbay Minerals in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Hudbay Minerals' value of 6 is 100% above this benchmark. Historically, Hudbay Minerals' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Hudbay Minerals has consistently been above 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 2,507 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. Hudbay Minerals's current Piotroski F-Score of 6 is 100% above 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 Hudbay Minerals 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. Hudbay Minerals's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudbay Minerals stock overvalued right now?
Based on GuruFocus' analysis, Hudbay Minerals (LTS:0AHJ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$13.98, compared to a current price of C$33.72 — trading 141.2% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 100% above the Metals & Mining industry median of 3.00. Hudbay Minerals' overall GF Score™ is 72/100 with 2 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 Hudbay Minerals (LTS:0AHJ), the current Piotroski F-Score is 6 as of Jun. 30, 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 Hudbay Minerals (LTS:0AHJ) Overvalued in 2026?
Based on GuruFocus' analysis, Hudbay Minerals stock appears to be overvalued.
The current stock price of C$33.72 is trading 141.2% above its estimated GF Value™ of C$13.98.
GuruFocus considers Hudbay Minerals to be Significantly Overvalued.
Key valuation signals for LTS:0AHJ:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: C$13.98 vs. price of C$33.72 (141.2% above fair value)
Industry Position: 100% above the Metals & Mining median (#217 of 2507)
No single metric tells the full story. See the LTS:0AHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
72GF Score
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