Micromem TechnologiesMMTIF -1.50% Piotroski F-Score is 4 as of Jun. 25, 2026, which is 33% above its 10-year median of 3.00. The stock has 3 warning signs investors should review. Among 989 Semiconductors companies, Micromem Technologies ranks worse than 60.36% 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
Micromem Technologies 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 Micromem Technologies's Piotroski F-Score or its related term are showing as below:
MMTIF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 5
Current: 4
During the past 13 years, the highest Piotroski F-Score of Micromem Technologies was 5. The lowest was 1. And the median was 3.
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.
Micromem Technologies Piotroski F-Score Related Terms
Micromem Technologies Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Micromem Technologies'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.
MMTIF vs NVDA, AVGO, MU: Piotroski F-Score Comparison
For the Semiconductors subindustry, Micromem Technologies'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.
Micromem Technologies Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micromem Technologies's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Micromem Technologies'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.
Micromem Technologies's current Net Income (TTM) was -1.47.
==> 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.
Micromem Technologies's current Cash Flow from Operations (TTM) was -1.33.
==> 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.
Micromem Technologies's return on assets of this year was -4.60188088. Micromem Technologies's return on assets of last year was -8.31034483.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Micromem Technologies's gearing of this year was 0.0252809. Micromem Technologies's gearing of last year was 0.20149953.
==> 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
Micromem Technologies's current ratio of this year was 0.04109356. Micromem Technologies's current ratio of last year was 0.04938272.
==> 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.
Micromem Technologies's number of shares in issue this year was 616.414. Micromem Technologies's number of shares in issue last year was 685.136.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
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.
Micromem Technologies's gross margin of this year was . Micromem Technologies'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
Micromem Technologies's asset turnover of this year was 0. Micromem Technologies'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
=
0
+
0
+
1
+
1
+
1
+
0
+
1
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Micromem Technologies has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Micromem Technologies (MMTIF) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Micromem Technologies and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Micromem Technologies' Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Micromem Technologies ranks #597 out of 989 companies in the Semiconductors industry, placing it in the top 60.4%.
Is Micromem Technologies' Piotroski F-Score too high?
Micromem Technologies' 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 5.00. The Semiconductors industry median Piotroski F-Score is 5.00. Micromem Technologies' value of 4 is 20% below this industry median. Based on the distribution chart, Micromem Technologies ranks #597 out of 989 companies in the Semiconductors industry, which is below the industry midpoint.
How does Micromem Technologies' Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Micromem Technologies ranks #597 out of 989 companies for Piotroski F-Score. This places Micromem Technologies in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Micromem Technologies' value of 4 is 20% below this benchmark. Historically, Micromem Technologies' own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Micromem Technologies 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Micromem Technologies'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 Micromem Technologies and its competitors. For the Semiconductors 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. Micromem Technologies'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 Micromem Technologies stock overvalued right now?
Micromem Technologies (MMTIF) 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 Semiconductors industry median of 5.00. 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 Micromem Technologies (MMTIF), the current Piotroski F-Score is 4 as of Jun. 25, 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.
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MMTIF has been successfully added to your 