East Coast Vulcan Mining (PHS:ECVC) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 25% Above Median


PHS:ECVC East Coast Vulcan Mining Corp PHS:ECVC
27 GF Score
Price ₱0.26
GF Value ₱0.37
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is East Coast Vulcan Mining Piotroski F-Score?

East Coast Vulcan Mining PHS:ECVC -7.14% 27 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates PHS:ECVC with a GF Score™ of 27/100 and a GF Value™ of ₱0.37 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 974 Oil & Gas companies, East Coast Vulcan Mining ranks better than 62.83% 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

East Coast Vulcan Mining has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for East Coast Vulcan Mining's Piotroski F-Score or its related term are showing as below:

PHS:ECVC' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of East Coast Vulcan Mining was 7. The lowest was 2. And the median was 4.

East Coast Vulcan Mining  (PHS:ECVC) 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.


East Coast Vulcan Mining Piotroski F-Score Related Terms


East Coast Vulcan Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for East Coast Vulcan Mining'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.

East Coast Vulcan Mining Piotroski F-Score Chart

East Coast Vulcan Mining 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 7.00 5.00 4.00 3.00 6.00

East Coast Vulcan Mining 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 3.00 4.00 4.00 6.00 5.00

PHS:ECVC vs COP, EOG, OXY: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, East Coast Vulcan Mining'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.


East Coast Vulcan Mining Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, East Coast Vulcan Mining's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where East Coast Vulcan Mining's Piotroski F-Score falls into.


PHS:ECVC
27GF Score
East Coast Vulcan Mining Corp PHS:ECVC
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 47.571 + 98.533 + -189.527 + -36.326 = ₱-79.7 Mil.
Cash Flow from Operations was 11.636 + 2.778 + 5.728 + 12.94 = ₱33.1 Mil.
Revenue was 96.778 + 189.114 + 154.115 + 0 = ₱440.0 Mil.
Gross Profit was 96.778 + 181.95 + -141.759 + -7.046 = ₱129.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2091.129 + 2171.586 + 2204.3 + 1943.389 + 1873.53) / 5 = ₱2056.7868 Mil.
Total Assets at the begining of this year (Mar25) was ₱2,091.1 Mil.
Long-Term Debt & Capital Lease Obligation was ₱3.1 Mil.
Total Current Assets was ₱301.1 Mil.
Total Current Liabilities was ₱680.7 Mil.
Net Income was -2.046 + 76.759 + -130.11 + -20.83 = ₱-76.2 Mil.

Revenue was 21.112 + 142.407 + 125.71 + 10.943 = ₱300.2 Mil.
Gross Profit was 21.112 + 142.407 + 125.71 + 10.943 = ₱300.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2407.501 + 2018.601 + 2109.312 + 2091.042 + 2091.129) / 5 = ₱2143.517 Mil.
Total Assets at the begining of last year (Mar24) was ₱2,407.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₱0.0 Mil.
Total Current Assets was ₱203.8 Mil.
Total Current Liabilities was ₱816.4 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.

East Coast Vulcan Mining's current Net Income (TTM) was -79.7. ==> 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.

East Coast Vulcan Mining's current Cash Flow from Operations (TTM) was 33.1. ==> 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 (Mar25)
=-79.749/2091.129
=-0.03813682

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-76.227/2407.501
=-0.03166229

East Coast Vulcan Mining's return on assets of this year was -0.03813682. East Coast Vulcan Mining's return on assets of last year was -0.03166229. ==> 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.

East Coast Vulcan Mining's current Net Income (TTM) was -79.7. East Coast Vulcan Mining's current Cash Flow from Operations (TTM) was 33.1. ==> 33.1 > -79.7 ==> 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
=3.05/2056.7868
=0.0014829

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2143.517
=0

East Coast Vulcan Mining's gearing of this year was 0.0014829. East Coast Vulcan Mining's gearing of last year was 0. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=301.085/680.728
=0.44229854

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=203.782/816.399
=0.24961079

East Coast Vulcan Mining's current ratio of this year was 0.44229854. East Coast Vulcan Mining's current ratio of last year was 0.24961079. ==> 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.

East Coast Vulcan Mining's number of shares in issue this year was 6172.497. East Coast Vulcan Mining's number of shares in issue last year was 6943.499. ==> 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
=129.923/440.007
=0.29527485

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=300.172/300.172
=1

East Coast Vulcan Mining's gross margin of this year was 0.29527485. East Coast Vulcan Mining'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)
=440.007/2091.129
=0.210416

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=300.172/2407.501
=0.12468198

East Coast Vulcan Mining's asset turnover of this year was 0.210416. East Coast Vulcan Mining's asset turnover of last year was 0.12468198. ==> 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
=0+1+0+1+0+1+1+0+1
=5

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

East Coast Vulcan Mining has an F-score of 5 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 5 mean?
East Coast Vulcan Mining (PHS:ECVC) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on East Coast Vulcan Mining and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, East Coast Vulcan Mining's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, East Coast Vulcan Mining ranks #362 out of 974 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is East Coast Vulcan Mining's Piotroski F-Score too high?
East Coast Vulcan Mining's current Piotroski F-Score of 5 is 25% above 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 Oil & Gas industry median Piotroski F-Score is 5.00. East Coast Vulcan Mining's value of 5 is 0% at this industry median. Based on the distribution chart, East Coast Vulcan Mining ranks #362 out of 974 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, East Coast Vulcan Mining has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does East Coast Vulcan Mining's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, East Coast Vulcan Mining ranks #362 out of 974 companies for Piotroski F-Score. This puts East Coast Vulcan Mining in the upper half of its industry. The industry median Piotroski F-Score is 5.00. East Coast Vulcan Mining's value of 5 is 0% at this benchmark. Historically, East Coast Vulcan Mining's 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 5.00, East Coast Vulcan Mining 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 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. East Coast Vulcan Mining's current Piotroski F-Score of 5 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 East Coast Vulcan Mining and its competitors. For the Oil & Gas 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. East Coast Vulcan Mining's current Piotroski F-Score is 5, which is 25% above 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 East Coast Vulcan Mining stock overvalued right now?
Based on GuruFocus' analysis, East Coast Vulcan Mining (PHS:ECVC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.37, compared to a current price of ₱0.26 — trading 29.7% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Oil & Gas industry median of 5.00. East Coast Vulcan Mining's overall GF Score™ is 27/100 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 East Coast Vulcan Mining (PHS:ECVC), the current Piotroski F-Score is 5 as of Jun. 24, 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 East Coast Vulcan Mining (PHS:ECVC) Overvalued in 2026?

Based on GuruFocus' analysis, East Coast Vulcan Mining stock appears to be undervalued. The current stock price of ₱0.26 is trading 29.7% below its estimated GF Value™ of ₱0.37. GuruFocus considers East Coast Vulcan Mining to be Possible Value Trap.

Key valuation signals for PHS:ECVC:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: ₱0.37 vs. price of ₱0.26 (29.7% below fair value)
  • GF Score™: 27/100 with 3 warning signs
  • Industry Position: 0% at the Oil & Gas median (#362 of 974)

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


East Coast Vulcan Mining Business Description

Industry EnergyOil & Gas
Address Senator Gil J. Puyat Avenue, 15th Floor, High Rise Pacific Star Building, Metro Manila, Makati, PHL, 1226
East Coast Vulcan Mining Corp is engaged in the business of mine exploration. The Group has only one business. Accordingly, the Group operates mainly in one reportable business and geographical segment which is the Philippines.
27GF Score

Get the complete analysis for PHS:ECVC

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

₱0.26
Price
₱0.37
GF Value