OCCI (OFS Credit Co) Piotroski F-Score: 2 (As of Jul. 15, 2026) — 60% Below Median

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OCCI OFS Credit Co Inc OCCI
25 GF Score
Price $2.65
! 1 Warning Sign
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What is OFS Credit Co Piotroski F-Score?

OFS Credit Co OCCI +0.38% 25 Piotroski F-Score is 2 as of Jul. 15, 2026, which is 60% below its 10-year median of 5.00. GuruFocus rates OCCI with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 1,595 Asset Management companies, OFS Credit Co ranks worse than 90.72% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

OFS Credit Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

OCCI' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 2

During the past 8 years, the highest Piotroski F-Score of OFS Credit Co was 6. The lowest was 2. And the median was 5.

OFS Credit Co  (NAS:OCCI) 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.


OFS Credit Co Piotroski F-Score Related Terms


OFS Credit Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OFS Credit Co'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.

OFS Credit Co Piotroski F-Score Chart

OFS Credit Co Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial 5.00 2.00 4.00 5.00 2.00

OFS Credit Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 5.00 0.00 2.00 0.00

OCCI vs NMS, GEG, CEV: Piotroski F-Score Comparison

For the Asset Management subindustry, OFS Credit Co'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.


OFS Credit Co Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, OFS Credit Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where OFS Credit Co's Piotroski F-Score falls into.


OCCI
25GF Score
OFS Credit Co Inc OCCI
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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was $-9.91 Mil.
Cash Flow from Operations was $-50.32 Mil.
Revenue was $-5.74 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (240.774 + 270.822) / 2 = $255.798 Mil.
Total Assets at the begining of this year (Oct24) was $240.77 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Assets was $270.82 Mil.
Total Liabilities was $117.80 Mil.
Net Income was $15.02 Mil.

Revenue was $18.69 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (185.933 + 240.774) / 2 = $213.3535 Mil.
Total Assets at the begining of last year (Oct23) was $185.93 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Assets was $240.77 Mil.
Total Liabilities was $92.17 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.

OFS Credit Co's current Net Income (TTM) was -9.91. ==> 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.

OFS Credit Co's current Cash Flow from Operations (TTM) was -50.32. ==> 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 (Oct24)
=-9.913/240.774
=-0.04117139

ROA (Last Year)=Net Income/Total Assets (Oct23)
=15.022/185.933
=0.08079254

OFS Credit Co's return on assets of this year was -0.04117139. OFS Credit Co's return on assets of last year was 0.08079254. ==> 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.

OFS Credit Co's current Net Income (TTM) was -9.91. OFS Credit Co's current Cash Flow from Operations (TTM) was -50.32. ==> -50.32 <= -9.91 ==> CFROA <= ROA ==> Score 0.

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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=0/255.798
=0

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=0/213.3535
=0

OFS Credit Co's gearing of this year was 0. OFS Credit Co'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

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Oct25)=Total Assets/Total Liabilities
=270.822/117.798
=2.29903734

Current Ratio (Last Year: Oct24)=Total Assets/Total Liabilities
=240.774/92.167
=2.61236668

OFS Credit Co's current ratio of this year was 2.29903734. OFS Credit Co's current ratio of last year was 2.61236668. ==> 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.

OFS Credit Co's number of shares in issue this year was 25.554. OFS Credit Co's number of shares in issue last year was 16.694. ==> 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.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=-9.913/-5.736
=1.72820781

Net Margin (Last Year: TTM)=Net Income/Revenue
=15.022/18.686
=0.80391737

OFS Credit Co's net margin of this year was 1.72820781. OFS Credit Co's net margin of last year was 0.80391737. ==> This year's net 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 (Oct24)
=-5.736/240.774
=-0.02382317

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=18.686/185.933
=0.10049857

OFS Credit Co's asset turnover of this year was -0.02382317. OFS Credit Co's asset turnover of last year was 0.10049857. ==> 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+0+0+1+0+0+1+0
=2

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

OFS Credit Co has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
OFS Credit Co (OCCI) has a Piotroski F-Score of 2 as of Jul. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OFS Credit Co and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, OFS Credit Co's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, OFS Credit Co ranks #1447 out of 1595 companies in the Asset Management industry, placing it in the top 90.7%.
Is OFS Credit Co's Piotroski F-Score too high?
OFS Credit Co's current Piotroski F-Score of 2 is 60% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. OFS Credit Co's value of 2 is 60% below this industry median. Based on the distribution chart, OFS Credit Co ranks #1447 out of 1595 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, OFS Credit Co has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does OFS Credit Co's Piotroski F-Score compare to NMS and GEG?
According to the Asset Management industry distribution chart, OFS Credit Co ranks #1447 out of 1595 companies for Piotroski F-Score. This places OFS Credit Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. OFS Credit Co's value of 2 is 60% below this benchmark. Historically, OFS Credit Co's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, OFS Credit Co 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,595 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. OFS Credit Co's current Piotroski F-Score of 2 is 60% 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 OFS Credit Co and its competitors. For the Asset Management 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. OFS Credit Co's current Piotroski F-Score is 2, which is 60% 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 OFS Credit Co stock overvalued right now?
OFS Credit Co (OCCI) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Asset Management industry median of 5.00. OFS Credit Co's overall GF Score™ is 25/100 with 1 warning sign 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 OFS Credit Co (OCCI), the current Piotroski F-Score is 2 as of Jul. 15, 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.

OFS Credit Co Business Description

Address 222 West Adams Street, Suite 1850, Chicago, IL, USA, 60606
OFS Credit Co Inc is a non-diversified, closed-end management investment company. Its investment objective is to generate current income, with a secondary objective to generate capital appreciation through investment in collateralized loan obligation (CLO) equity and debt securities. The company invests in floating rate credit instruments and other structured credit investments, including collateralized loan obligation (CLO) debt and subordinated (i.e., residual or equity) securities; traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.
25GF Score

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

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