PEMIF (Pure Energy Minerals) Piotroski F-Score: 3 (As of Jun. 26, 2026) — 25% Below Median


PEMIF Pure Energy Minerals Ltd PEMIF
28 GF Score
Price $0.15
GF Value $0.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pure Energy Minerals Piotroski F-Score?

Pure Energy Minerals PEMIF -2.60% 28 Piotroski F-Score is 3 as of Jun. 26, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates PEMIF with a GF Score™ of 28/100 and a GF Value™ of $0.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,512 Metals & Mining companies, Pure Energy Minerals ranks better than 59% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Pure Energy Minerals has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

PEMIF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 3

During the past 13 years, the highest Piotroski F-Score of Pure Energy Minerals was 7. The lowest was 2. And the median was 4.

Pure Energy Minerals  (OTCPK:PEMIF) 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.


Pure Energy Minerals Piotroski F-Score Related Terms


Pure Energy Minerals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pure Energy Minerals'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.

Pure Energy Minerals Piotroski F-Score Chart

Pure Energy Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 6.00 4.00 6.00

Pure Energy Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.00 6.00 6.00 4.00 3.00

Pure Energy Minerals Piotroski F-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Pure Energy Minerals'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.


Pure Energy Minerals Piotroski F-Score vs Metals & Mining Industry

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

* The bar in red indicates where Pure Energy Minerals's Piotroski F-Score falls into.


PEMIF
28GF Score
Pure Energy Minerals Ltd PEMIF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -0.03 + 0.027 + -0.045 + -16.077 = $-16.13 Mil.
Cash Flow from Operations was -0.012 + -0.187 + 0.004 + 0.079 = $-0.12 Mil.
Revenue was 0.101 + 0.1 + 0.101 + 0 = $0.30 Mil.
Gross Profit was 0.101 + 0.1 + 0.101 + 0 = $0.30 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(25.212 + 26.37 + 25.998 + 26.051 + 10.372) / 5 = $22.8006 Mil.
Total Assets at the begining of this year (Mar25) was $25.21 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.51 Mil.
Total Current Liabilities was $0.18 Mil.
Net Income was -0.147 + -0.052 + -0.091 + -0.008 = $-0.30 Mil.

Revenue was 0.1 + 0.1 + 0.1 + 0.098 = $0.40 Mil.
Gross Profit was 0.1 + 0.1 + 0.1 + 0.098 = $0.40 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(26.611 + 26.409 + 26.649 + 25.445 + 25.212) / 5 = $26.0652 Mil.
Total Assets at the begining of last year (Mar24) was $26.61 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.59 Mil.
Total Current Liabilities was $0.20 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.

Pure Energy Minerals's current Net Income (TTM) was -16.13. ==> 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.

Pure Energy Minerals's current Cash Flow from Operations (TTM) was -0.12. ==> 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 (Mar25)
=-16.125/25.212
=-0.63957639

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.298/26.611
=-0.01119838

Pure Energy Minerals's return on assets of this year was -0.63957639. Pure Energy Minerals's return on assets of last year was -0.01119838. ==> 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.

Pure Energy Minerals's current Net Income (TTM) was -16.13. Pure Energy Minerals's current Cash Flow from Operations (TTM) was -0.12. ==> -0.12 > -16.13 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/22.8006
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/26.0652
=0

Pure Energy Minerals's gearing of this year was 0. Pure Energy Minerals'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: Mar26)=Total Current Assets/Total Current Liabilities
=0.513/0.181
=2.83425414

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=0.593/0.202
=2.93564356

Pure Energy Minerals's current ratio of this year was 2.83425414. Pure Energy Minerals's current ratio of last year was 2.93564356. ==> 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.

Pure Energy Minerals's number of shares in issue this year was 33.968. Pure Energy Minerals's number of shares in issue last year was 33.968. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.302/0.302
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.398/0.398
=1

Pure Energy Minerals's gross margin of this year was 1. Pure Energy Minerals'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 (Mar25)
=0.302/25.212
=0.01197842

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0.398/26.611
=0.01495622

Pure Energy Minerals's asset turnover of this year was 0.01197842. Pure Energy Minerals's asset turnover of last year was 0.01495622. ==> 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+1+1+0+1+0+0
=3

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

Pure Energy Minerals has an F-score of 3. 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 3 mean?
Pure Energy Minerals (PEMIF) has a Piotroski F-Score of 3 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pure Energy Minerals and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Pure Energy Minerals' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Pure Energy Minerals ranks #1030 out of 2512 companies in the Metals & Mining industry, placing it in the top 41%.
Is Pure Energy Minerals' Piotroski F-Score too high?
Pure Energy Minerals' current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Pure Energy Minerals' value of 3 is 0% at this industry median. Based on the distribution chart, Pure Energy Minerals ranks #1030 out of 2512 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Pure Energy Minerals has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Energy Minerals' Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Pure Energy Minerals ranks #1030 out of 2512 companies for Piotroski F-Score. This puts Pure Energy Minerals in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Pure Energy Minerals' value of 3 is 0% at this benchmark. Historically, Pure Energy Minerals' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Pure Energy Minerals has consistently been at 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 2,512 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. Pure Energy Minerals's current Piotroski F-Score of 3 is 0% at 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 Pure Energy Minerals 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. Pure Energy Minerals's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pure Energy Minerals stock overvalued right now?
Based on GuruFocus' analysis, Pure Energy Minerals (PEMIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.19, compared to a current price of $0.15 — trading 21.1% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 0% at the Metals & Mining industry median of 3.00. Pure Energy Minerals' overall GF Score™ is 28/100 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 Pure Energy Minerals (PEMIF), the current Piotroski F-Score is 3 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.

Is Pure Energy Minerals (PEMIF) Overvalued in 2026?

Based on GuruFocus' analysis, Pure Energy Minerals stock appears to be undervalued. The current stock price of $0.15 is trading 21.1% below its estimated GF Value™ of $0.19. GuruFocus considers Pure Energy Minerals to be Modestly Undervalued.

Key valuation signals for PEMIF:

  • Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: $0.19 vs. price of $0.15 (21.1% below fair value)
  • GF Score™: 28/100 with 3 warning signs
  • Industry Position: 0% at the Metals & Mining median (#1030 of 2512)

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


Pure Energy Minerals Business Description

Other Exchanges AHG:GermanyPE:Canada
Address 1400-1055 West Hastings Street, Vancouver, BC, CAN, V6E 2E9
Pure Energy Minerals Ltd engages in the acquisition, exploration, and development of mineral properties. The company's flagship lithium brine project, the Clayton Valley Project is located in Clayton Valley, Nevada, United States. It is also engaged in developing new processing technologies for lithium through a collaboration with another firm. Geographically, the company operates in Canada and the United States of America.
28GF Score

Get the complete analysis for PEMIF

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

$0.15
Price
$0.19
GF Value