NHLPF (NAHL Group) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 40% Above Median


NHLPF NAHL Group PLC NHLPF
40 GF Score
Price $0.65
GF Value $1.01
! 3 Warning Signs
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What is NAHL Group Piotroski F-Score?

NAHL Group NHLPF 40 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates NHLPF with a GF Score™ of 40/100 and a GF Value™ of $1.01. The stock has 3 warning signs investors should review. Among 1,009 Media - Diversified companies, NAHL Group ranks better than 91.87% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

NAHL Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for NAHL Group's Piotroski F-Score or its related term are showing as below:

NHLPF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of NAHL Group was 8. The lowest was 3. And the median was 5.

NAHL Group  (OTCPK:NHLPF) 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.


NAHL Group Piotroski F-Score Related Terms


NAHL Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for NAHL Group'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.

NAHL Group Piotroski F-Score Chart

NAHL Group 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 6.00 6.00 8.00 4.00 7.00

NAHL Group 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 8.00 0.00 4.00 0.00 7.00

NHLPF vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, NAHL Group'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.


NAHL Group Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, NAHL Group's Piotroski F-Score distribution charts can be found below:

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


NHLPF
40GF Score
NAHL Group PLC NHLPF
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $4.36 Mil.
Cash Flow from Operations was $8.83 Mil.
Revenue was $53.61 Mil.
Gross Profit was $27.54 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (60.56 + 61.712) / 2 = $61.136 Mil.
Total Assets at the begining of this year (Dec24) was $60.56 Mil.
Long-Term Debt & Capital Lease Obligation was $1.23 Mil.
Total Current Assets was $38.00 Mil.
Total Current Liabilities was $30.15 Mil.
Net Income was $-49.67 Mil.

Revenue was $49.06 Mil.
Gross Profit was $23.23 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (116.347 + 60.56) / 2 = $88.4535 Mil.
Total Assets at the begining of last year (Dec23) was $116.35 Mil.
Long-Term Debt & Capital Lease Obligation was $1.55 Mil.
Total Current Assets was $37.58 Mil.
Total Current Liabilities was $34.76 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.

NAHL Group's current Net Income (TTM) was 4.36. ==> 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.

NAHL Group's current Cash Flow from Operations (TTM) was 8.83. ==> 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)
=4.36/60.56
=0.07199472

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-49.671/116.347
=-0.42692119

NAHL Group's return on assets of this year was 0.07199472. NAHL Group's return on assets of last year was -0.42692119. ==> 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.

NAHL Group's current Net Income (TTM) was 4.36. NAHL Group's current Cash Flow from Operations (TTM) was 8.83. ==> 8.83 > 4.36 ==> 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
=1.226/61.136
=0.02005365

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1.549/88.4535
=0.01751203

NAHL Group's gearing of this year was 0.02005365. NAHL Group's gearing of last year was 0.01751203. ==> Last year is lower than this year ==> Score 0.

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
=37.997/30.146
=1.26043256

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=37.583/34.759
=1.08124515

NAHL Group's current ratio of this year was 1.26043256. NAHL Group's current ratio of last year was 1.08124515. ==> This year's current ratio is higher. ==> Score 1.

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.

NAHL Group's number of shares in issue this year was 48.612. NAHL Group's number of shares in issue last year was 47.284. ==> 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
=27.544/53.605
=0.51383266

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23.228/49.058
=0.47348037

NAHL Group's gross margin of this year was 0.51383266. NAHL Group's gross margin of last year was 0.47348037. ==> 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 (Dec24)
=53.605/60.56
=0.88515522

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=49.058/116.347
=0.42165247

NAHL Group's asset turnover of this year was 0.88515522. NAHL Group's asset turnover of last year was 0.42165247. ==> 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
=1+1+1+1+0+1+0+1+1
=7

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

NAHL Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
NAHL Group (NHLPF) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on NAHL Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, NAHL Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, NAHL Group ranks #82 out of 1009 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is NAHL Group's Piotroski F-Score too high?
NAHL Group's current Piotroski F-Score of 7 is 40% above 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 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. NAHL Group's value of 7 is 40% above this industry median. Based on the distribution chart, NAHL Group ranks #82 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, NAHL Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does NAHL Group's Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, NAHL Group ranks #82 out of 1009 companies for Piotroski F-Score. This places NAHL Group in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. NAHL Group's value of 7 is 40% above this benchmark. Historically, NAHL Group's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, NAHL Group 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 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. NAHL Group's current Piotroski F-Score of 7 is 40% 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 NAHL Group and its competitors. For the Media - Diversified 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. NAHL Group's current Piotroski F-Score is 7, which is 40% 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 NAHL Group stock overvalued right now?
NAHL Group (NHLPF) has a current Piotroski F-Score of 7. The stock's GF Value™ is $1.01, compared to a current price of $0.65 — trading 35.3% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Media - Diversified industry median of 5.00. NAHL Group's overall GF Score™ is 40/100 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 NAHL Group (NHLPF), the current Piotroski F-Score is 7 as of Jun. 28, 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 NAHL Group (NHLPF) Overvalued in 2026?

Based on GuruFocus' analysis, NAHL Group stock appears to be undervalued. The current stock price of $0.65 is trading 35.3% below its estimated GF Value™ of $1.01.

Key valuation signals for NHLPF:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: $1.01 vs. price of $0.65 (35.3% below fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 40% above the Media - Diversified median (#82 of 1009)

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


NAHL Group Business Description

Other Exchanges NAHl:UKNAH:UK
Address Kettering Parkway, Kettering Venture Park, Bevan House, Kettering, Northamptonshire, GBR, NN15 6XR
NAHL Group PLC is in the consumer legal services and catastrophic injury markets, delivering products and services to consumers and businesses through its two divisions, Consumer Legal Services and Critical Care. The company's services are Legal, Board, Finance, and People. Its operating segments are Consumer Legal Services, Critical Care, Shared Services, and Other Items. The company generates majority of revenue from Consumer Legal Services. Consumer Legal Services segments includes Marketing services, Product Provision, Service provision (legal services), Residential Property, Critical Care, Shared services, Other items, and Exceptional items. The group is based in United Kingdom.
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.65
Price
$1.01
GF Value