Polyus PJSC (MIC:PLZL) Piotroski F-Score: 4 (As of Jul. 05, 2026) — 33% Below Median


MIC:PLZL Polyus PJSC MIC:PLZL
100 GF Score
Price ₽1,924.40
GF Value ₽23,710.43
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Polyus PJSC Piotroski F-Score?

Polyus PJSC MIC:PLZL -0.40% 100 Piotroski F-Score is 4 as of Jul. 05, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates MIC:PLZL with a GF Score™ of 100/100 and a GF Value™ of ₽23,710.43 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,505 Metals & Mining companies, Polyus PJSC ranks better than 78.28% 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

Polyus PJSC 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 Polyus PJSC's Piotroski F-Score or its related term are showing as below:

MIC:PLZL' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 4

During the past 12 years, the highest Piotroski F-Score of Polyus PJSC was 9. The lowest was 4. And the median was 6.

Polyus PJSC  (MIC:PLZL) 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.


Polyus PJSC Piotroski F-Score Related Terms


Polyus PJSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Polyus PJSC'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.

Polyus PJSC Piotroski F-Score Chart

Polyus PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 7.00 9.00 4.00

Polyus PJSC Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 0.00 9.00 0.00 4.00

MIC:PLZL vs NEM, AU, RGLD: Piotroski F-Score Comparison

For the Gold subindustry, Polyus PJSC'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.


Polyus PJSC Piotroski F-Score vs Metals & Mining Industry

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

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


MIC:PLZL
100GF Score
Polyus PJSC MIC:PLZL
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 ₽301,211 Mil.
Cash Flow from Operations was ₽425,146 Mil.
Revenue was ₽693,445 Mil.
Gross Profit was ₽491,207 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1121650.127 + 1270667.273) / 2 = ₽1196158.7 Mil.
Total Assets at the begining of this year (Dec24) was ₽1,121,650 Mil.
Long-Term Debt & Capital Lease Obligation was ₽791,703 Mil.
Total Current Assets was ₽412,029 Mil.
Total Current Liabilities was ₽92,852 Mil.
Net Income was ₽346,368 Mil.

Revenue was ₽790,114 Mil.
Gross Profit was ₽598,262 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (848983.66 + 1121650.127) / 2 = ₽985316.8935 Mil.
Total Assets at the begining of last year (Dec23) was ₽848,984 Mil.
Long-Term Debt & Capital Lease Obligation was ₽845,204 Mil.
Total Current Assets was ₽477,350 Mil.
Total Current Liabilities was ₽102,732 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.

Polyus PJSC's current Net Income (TTM) was 301,211. ==> 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.

Polyus PJSC's current Cash Flow from Operations (TTM) was 425,146. ==> 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 (Dec24)
=301211.105/1121650.127
=0.26854284

ROA (Last Year)=Net Income/Total Assets (Dec23)
=346367.613/848983.66
=0.40797913

Polyus PJSC's return on assets of this year was 0.26854284. Polyus PJSC's return on assets of last year was 0.40797913. ==> Last year is higher ==> Score 0.

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.

Polyus PJSC's current Net Income (TTM) was 301,211. Polyus PJSC's current Cash Flow from Operations (TTM) was 425,146. ==> 425,146 > 301,211 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=791702.664/1196158.7
=0.66187092

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=845204.333/985316.8935
=0.85779949

Polyus PJSC's gearing of this year was 0.66187092. Polyus PJSC's gearing of last year was 0.85779949. ==> 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
=412028.809/92851.563
=4.43749998

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=477350.415/102731.838
=4.64656745

Polyus PJSC's current ratio of this year was 4.43749998. Polyus PJSC's current ratio of last year was 4.64656745. ==> 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.

Polyus PJSC's number of shares in issue this year was 951.681. Polyus PJSC's number of shares in issue last year was 949.683. ==> 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
=491207.025/693445.359
=0.70835722

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=598261.549/790114.128
=0.75718371

Polyus PJSC's gross margin of this year was 0.70835722. Polyus PJSC's gross margin of last year was 0.75718371. ==> 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)
=693445.359/1121650.127
=0.61823678

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=790114.128/848983.66
=0.93065882

Polyus PJSC's asset turnover of this year was 0.61823678. Polyus PJSC's asset turnover of last year was 0.93065882. ==> 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+1+0+1+1+0+0+0+0
=4

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

Polyus PJSC 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?
Polyus PJSC (MIC:PLZL) has a Piotroski F-Score of 4 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Polyus PJSC and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Polyus PJSC's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Polyus PJSC ranks #544 out of 2505 companies in the Metals & Mining industry, placing it in the top 21.7%.
Is Polyus PJSC's Piotroski F-Score too high?
Polyus PJSC's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Polyus PJSC's value of 4 is 33.3% above this industry median. Based on the distribution chart, Polyus PJSC ranks #544 out of 2505 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Polyus PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polyus PJSC's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Polyus PJSC ranks #544 out of 2505 companies for Piotroski F-Score. This places Polyus PJSC in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Polyus PJSC's value of 4 is 33.3% above this benchmark. Historically, Polyus PJSC's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Polyus PJSC 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 2,505 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. Polyus PJSC's current Piotroski F-Score of 4 is 33.3% 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 Polyus PJSC 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. Polyus PJSC's current Piotroski F-Score is 4, which is 33% below 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 Polyus PJSC stock overvalued right now?
Based on GuruFocus' analysis, Polyus PJSC (MIC:PLZL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₽23,710.43, compared to a current price of ₽1,924.40 — trading 91.9% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 33.3% above the Metals & Mining industry median of 3.00. Polyus PJSC's overall GF Score™ is 100/100 with 4 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 Polyus PJSC (MIC:PLZL), the current Piotroski F-Score is 4 as of Jul. 05, 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 Polyus PJSC (MIC:PLZL) Overvalued in 2026?

Based on GuruFocus' analysis, Polyus PJSC stock appears to be undervalued. The current stock price of ₽1,924.40 is trading 91.9% below its estimated GF Value™ of ₽23,710.43. GuruFocus considers Polyus PJSC to be Significantly Undervalued.

Key valuation signals for MIC:PLZL:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: ₽23,710.43 vs. price of ₽1,924.40 (91.9% below fair value)
  • GF Score™: 100/100 with 4 warning signs
  • Industry Position: 33.3% above the Metals & Mining median (#544 of 2505)

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


Polyus PJSC Business Description

Address 3 Krasina Street, Building 1, Cab 801, Moscow, RUS, 123056
Polyus PJSC and its subsidiaries are engaged in the extraction, refining, and sale of gold. The mining and processing facilities of the company are in the Krasnoyarsk, Irkutsk, Magadan regions, and the Sakha Republic of the Russian Federation. The operating business segments are the Olimpiada business unit, the Blagodatnoye business unit, the Natalka business unit, the Verninskoye business unit, the Kuranakh business unit, the Exploration business unit, the Sukhoi Log business unit, and others.
100GF Score

Get the complete analysis for MIC:PLZL

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

₽1,924.40
Price
₽23,710.43
GF Value