LUCMF (Luca Mining) Piotroski F-Score: 6 (As of Jun. 26, 2026) — 20% Above Median


LUCMF Luca Mining Corp LUCMF
44 GF Score
Price $0.70
GF Value $0.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Luca Mining Piotroski F-Score?

Luca Mining LUCMF -1.69% 44 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates LUCMF with a GF Score™ of 44/100 and a GF Value™ of $0.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,512 Metals & Mining companies, Luca Mining ranks better than 91.4% 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

Luca Mining 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 Luca Mining's Piotroski F-Score or its related term are showing as below:

LUCMF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Luca Mining was 7. The lowest was 2. And the median was 5.

Luca Mining  (OTCPK:LUCMF) 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.


Luca Mining Piotroski F-Score Related Terms


Luca Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Luca Mining'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.

Luca Mining Piotroski F-Score Chart

Luca Mining Annual Data
Trend Feb16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 3.00 6.00 6.00

Luca Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.00 6.00 6.00 6.00 6.00

Luca Mining Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Luca Mining'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.


Luca Mining Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Luca Mining's Piotroski F-Score distribution charts can be found below:

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


LUCMF
44GF Score
Luca Mining Corp LUCMF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -3.228 + -16.021 + -6.321 + 12.599 = $-13.0 Mil.
Cash Flow from Operations was 12.619 + 1.317 + 20.183 + 21.566 = $55.7 Mil.
Revenue was 36.78 + 35.039 + 66.388 + 57.584 = $195.8 Mil.
Gross Profit was 8.998 + 3.883 + 22.349 + 22.289 = $57.5 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(147.705 + 163.11 + 158.546 + 184.11 + 197.959) / 5 = $170.286 Mil.
Total Assets at the begining of this year (Mar25) was $147.7 Mil.
Long-Term Debt & Capital Lease Obligation was $8.7 Mil.
Total Current Assets was $66.8 Mil.
Total Current Liabilities was $71.1 Mil.
Net Income was 4.674 + -19.223 + -1.175 + 4.52 = $-11.2 Mil.

Revenue was 18.163 + 18.095 + 34.66 + 41.163 = $112.1 Mil.
Gross Profit was 2.584 + 1.646 + 9.31 + 13.317 = $26.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(116.694 + 120.373 + 129.081 + 134.974 + 147.705) / 5 = $129.7654 Mil.
Total Assets at the begining of last year (Mar24) was $116.7 Mil.
Long-Term Debt & Capital Lease Obligation was $10.9 Mil.
Total Current Assets was $41.6 Mil.
Total Current Liabilities was $40.8 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.

Luca Mining's current Net Income (TTM) was -13.0. ==> 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.

Luca Mining's current Cash Flow from Operations (TTM) was 55.7. ==> Positive ==> Score 1.

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 (Mar25)
=-12.971/147.705
=-0.08781693

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-11.204/116.694
=-0.09601179

Luca Mining's return on assets of this year was -0.08781693. Luca Mining's return on assets of last year was -0.09601179. ==> 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.

Luca Mining's current Net Income (TTM) was -13.0. Luca Mining's current Cash Flow from Operations (TTM) was 55.7. ==> 55.7 > -13.0 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=8.734/170.286
=0.05129018

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=10.852/129.7654
=0.08362784

Luca Mining's gearing of this year was 0.05129018. Luca Mining's gearing of last year was 0.08362784. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=66.783/71.058
=0.93983788

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=41.578/40.827
=1.01839469

Luca Mining's current ratio of this year was 0.93983788. Luca Mining's current ratio of last year was 1.01839469. ==> 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.

Luca Mining's number of shares in issue this year was 280.099. Luca Mining's number of shares in issue last year was 256.814. ==> 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
=57.519/195.791
=0.29377755

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=26.857/112.081
=0.23962135

Luca Mining's gross margin of this year was 0.29377755. Luca Mining's gross margin of last year was 0.23962135. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=195.791/147.705
=1.32555431

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=112.081/116.694
=0.96046926

Luca Mining's asset turnover of this year was 1.32555431. Luca Mining's asset turnover of last year was 0.96046926. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+1+0+0+1+1
=6

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

Luca Mining has an F-score of 6 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 6 mean?
Luca Mining (LUCMF) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Luca Mining and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Luca Mining's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Luca Mining ranks #216 out of 2512 companies in the Metals & Mining industry, placing it in the top 8.6%.
Is Luca Mining's Piotroski F-Score too high?
Luca Mining's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Luca Mining's value of 6 is 100% above this industry median. Based on the distribution chart, Luca Mining ranks #216 out of 2512 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Luca Mining has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Luca Mining's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Luca Mining ranks #216 out of 2512 companies for Piotroski F-Score. This places Luca Mining in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Luca Mining's value of 6 is 100% above this benchmark. Historically, Luca Mining'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 5.00 vs. the industry median of 3.00, Luca Mining 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 2,512 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. Luca Mining'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 Luca Mining 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. Luca Mining's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luca Mining stock overvalued right now?
Based on GuruFocus' analysis, Luca Mining (LUCMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.70, compared to a current price of $0.70 — trading 0.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 100% above the Metals & Mining industry median of 3.00. Luca Mining's overall GF Score™ is 44/100 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 Luca Mining (LUCMF), the current Piotroski F-Score is 6 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.

Is Luca Mining (LUCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Luca Mining stock appears to be undervalued. The current stock price of $0.70 is trading 0.1% below its estimated GF Value™ of $0.70. GuruFocus considers Luca Mining to be Fairly Valued.

Key valuation signals for LUCMF:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $0.70 vs. price of $0.70 (0.1% below fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 100% above the Metals & Mining median (#216 of 2512)

No single metric tells the full story. See the LUCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luca Mining Business Description

Other Exchanges Z68:GermanyLUCA:Canada
Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Luca Mining Corp is a Canadian-based mining company engages in the production of base metals and the acquisition, exploration and development of resource properties in Mexico. The company is engaged in mining, exploration, and development of mineral properties in Mexico with a corporate head office of Canada and Mexico and two reportable operating segments namely: Campo Morado, which derives maximum revenue; and Tahuehueto. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. Tahuehueto is a hectare property covering mineralized zones hosted within a structurally controlled epithermal system.
44GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.70
Price
$0.70
GF Value