LZ Technology HoldingsLZMH -6.12%12 Piotroski F-Score is 3 as of Jul. 11, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates LZMH with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 2,736 Software companies, LZ Technology Holdings ranks worse than 79.06% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
LZ Technology Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for LZ Technology Holdings's Piotroski F-Score or its related term are showing as below:
LZMH'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 5
Current: 3
During the past 5 years, the highest Piotroski F-Score of LZ Technology Holdings was 5. The lowest was 3. And the median was 5.
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.
LZ Technology Holdings Piotroski F-Score Related Terms
LZ Technology Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for LZ Technology Holdings'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.
LZMH vs VEEA, SUIC, ARBB: Piotroski F-Score Comparison
For the Information Technology Services subindustry, LZ Technology Holdings'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.
LZ Technology Holdings Piotroski F-Score vs Software Industry
For the Software industry and Technology sector, LZ Technology Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where LZ Technology Holdings'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.
LZ Technology Holdings's current Net Income (TTM) was -24.6.
==> 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.
LZ Technology Holdings's current Cash Flow from Operations (TTM) was -5.9.
==> 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.
LZ Technology Holdings's return on assets of this year was -0.58677784. LZ Technology Holdings's return on assets of last year was 0.01898987.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
LZ Technology Holdings's gearing of this year was 0.00655293. LZ Technology Holdings's gearing of last year was 0.00967714.
==> 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
LZ Technology Holdings's current ratio of this year was 1.12058522. LZ Technology Holdings's current ratio of last year was 1.18542307.
==> 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.
LZ Technology Holdings's number of shares in issue this year was 7.707. LZ Technology Holdings's number of shares in issue last year was 7.59.
==> 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.
LZ Technology Holdings's gross margin of this year was 0.0329948. LZ Technology Holdings's gross margin of last year was 0.04186133.
==> 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
LZ Technology Holdings's asset turnover of this year was 3.8188922. LZ Technology Holdings's asset turnover of last year was 2.82018266.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
LZ Technology Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
LZ Technology Holdings (LZMH) has a Piotroski F-Score of 3 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on LZ Technology Holdings and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, LZ Technology Holdings' Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, LZ Technology Holdings ranks #2163 out of 2736 companies in the Software industry, placing it in the top 79.1%.
Is LZ Technology Holdings' Piotroski F-Score too high?
LZ Technology Holdings' current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Software industry median Piotroski F-Score is 5.00. LZ Technology Holdings' value of 3 is 40% below this industry median. Based on the distribution chart, LZ Technology Holdings ranks #2163 out of 2736 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, LZ Technology Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LZ Technology Holdings' Piotroski F-Score compare to VEEA and SUIC?
According to the Software industry distribution chart, LZ Technology Holdings ranks #2163 out of 2736 companies for Piotroski F-Score. This places LZ Technology Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. LZ Technology Holdings' value of 3 is 40% below this benchmark. Historically, LZ Technology Holdings' own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, LZ Technology Holdings 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 2,736 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. LZ Technology Holdings's current Piotroski F-Score of 3 is 40% 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 LZ Technology Holdings 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. LZ Technology Holdings's current Piotroski F-Score is 3, which is 40% below 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 LZ Technology Holdings stock overvalued right now?
LZ Technology Holdings (LZMH) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Software industry median of 5.00. LZ Technology Holdings' overall GF Score™ is 12/100 with 6 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 LZ Technology Holdings (LZMH), the current Piotroski F-Score is 3 as of Jul. 11, 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.
LZ Technology Holdings Ltd conducts its operations through operating entities formed in the PRC, Lianzhang Portal, and its subsidiaries. The company is an information technology and advertising company with operations organized into three business verticals: Smart Community, which focuses on community access control systems and related technology services; Out-of-Home Advertising, which generates advertising revenue through advertisement displays via community access control devices and subcontractor channels; and Lifestyle Services, which provides lifestyle-related services including retail sales of diversified products, voucher promotion through e-commerce platforms such as WeChat mini programs and Douyin, and other merchant operation and online marketing services.
12GF Score
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