NORD (Nordicus Partners) Piotroski F-Score: 4 (As of Jun. 26, 2026) — 33% Above Median


NORD Nordicus Partners Corp NORD
35 GF Score
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What is Nordicus Partners Piotroski F-Score?

Nordicus Partners NORD +1.23% 35 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates NORD with a GF Score™ of 35/100. Among 1,063 Business Services companies, Nordicus Partners ranks worse than 69.52% 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

Nordicus Partners 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 Nordicus Partners's Piotroski F-Score or its related term are showing as below:

NORD' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 6
Current: 4

During the past 4 years, the highest Piotroski F-Score of Nordicus Partners was 6. The lowest was 3. And the median was 3.

Nordicus Partners  (OTCPK:NORD) 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.


Nordicus Partners Piotroski F-Score Related Terms


Nordicus Partners Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nordicus Partners'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.

Nordicus Partners Piotroski F-Score Chart

Nordicus Partners Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 6.00 3.00

Nordicus Partners Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 N/A 3.00 3.00 3.00 4.00

NORD vs EUBG, GLAI, VCIG: Piotroski F-Score Comparison

For the Consulting Services subindustry, Nordicus Partners'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.


Nordicus Partners Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Nordicus Partners's Piotroski F-Score distribution charts can be found below:

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


NORD
35GF Score
Nordicus Partners Corp NORD
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 -0.606 + -1.207 + -1.511 + -1.227 = $-4.55 Mil.
Cash Flow from Operations was -0.385 + -0.426 + -1.763 + -1.461 = $-4.04 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(59.722 + 70.246 + 76.124 + 75.883 + 75.857) / 5 = $71.5664 Mil.
Total Assets at the begining of this year (Dec24) was $59.72 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.64 Mil.
Total Current Liabilities was $0.90 Mil.
Net Income was -0.084 + -0.258 + -0.501 + -1.536 = $-2.38 Mil.

Revenue was 0.003 + 0 + 0.003 + 0.003 = $0.01 Mil.
Gross Profit was 0.003 + 0 + 0.003 + 0.003 = $0.01 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(1.798 + 1.808 + 20.801 + 20.785 + 59.722) / 5 = $20.9828 Mil.
Total Assets at the begining of last year (Dec23) was $1.80 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.08 Mil.
Total Current Liabilities was $0.89 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.

Nordicus Partners's current Net Income (TTM) was -4.55. ==> 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.

Nordicus Partners's current Cash Flow from Operations (TTM) was -4.04. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=-4.551/59.722
=-0.07620307

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-2.379/1.798
=-1.32313682

Nordicus Partners's return on assets of this year was -0.07620307. Nordicus Partners's return on assets of last year was -1.32313682. ==> 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.

Nordicus Partners's current Net Income (TTM) was -4.55. Nordicus Partners's current Cash Flow from Operations (TTM) was -4.04. ==> -4.04 > -4.55 ==> 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
=0/71.5664
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/20.9828
=0

Nordicus Partners's gearing of this year was 0. Nordicus Partners's gearing of last year was 0. ==> 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
=0.644/0.902
=0.71396896

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.078/0.889
=0.08773903

Nordicus Partners's current ratio of this year was 0.71396896. Nordicus Partners's current ratio of last year was 0.08773903. ==> 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.

Nordicus Partners's number of shares in issue this year was 18.606. Nordicus Partners's number of shares in issue last year was 11.614. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.009/0.009
=1

Nordicus Partners's gross margin of this year was . Nordicus Partners's gross margin of last year was 1. ==> 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)
=0/59.722
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0.009/1.798
=0.00500556

Nordicus Partners's asset turnover of this year was 0. Nordicus Partners's asset turnover of last year was 0.00500556. ==> 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+1+0+0+0
=4

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

Nordicus Partners 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?
Nordicus Partners (NORD) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nordicus Partners and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Nordicus Partners' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Nordicus Partners ranks #739 out of 1063 companies in the Business Services industry, placing it in the top 69.5%.
Is Nordicus Partners' Piotroski F-Score too high?
Nordicus Partners' 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 3.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Nordicus Partners' value of 4 is 20% below this industry median. Based on the distribution chart, Nordicus Partners ranks #739 out of 1063 companies in the Business Services industry, which is below the industry midpoint. Overall, Nordicus Partners has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nordicus Partners' Piotroski F-Score compare to EUBG and GLAI?
According to the Business Services industry distribution chart, Nordicus Partners ranks #739 out of 1063 companies for Piotroski F-Score. This places Nordicus Partners in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Nordicus Partners' value of 4 is 20% below this benchmark. Historically, Nordicus Partners' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Nordicus Partners 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. Nordicus Partners'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 Nordicus Partners and its competitors. For the Business Services 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. Nordicus Partners'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 Nordicus Partners stock overvalued right now?
Nordicus Partners (NORD) 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 Business Services industry median of 5.00. Nordicus Partners' overall GF Score™ is 35/100. 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 Nordicus Partners (NORD), the current Piotroski F-Score is 4 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.

Nordicus Partners Business Description

Address 280 S. Beverly Drive, Suite 505, Beverly Hills, CA, USA, 89103
Nordicus Partners Corp is a financial consulting company specializing in providing Nordic companies with the possible conditions to establish themselves in the U.S. market, taking advantage of management's combined several years of experience in the corporate sector, serving in different capacities both domestically and globally. The company's core competencies lie in assisting Danish as well as Nordic and international companies in different areas of corporate finance activities, such as business valuation, growth strategies, attracting capital for business & company acquisition, and sales.
35GF Score

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