RADLF (Radial Research) Piotroski F-Score: 3 (As of Jun. 30, 2026) — Near Median


RADLF Radial Research Corp RADLF
27 GF Score
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What is Radial Research Piotroski F-Score?

Radial Research RADLF 27 Piotroski F-Score is 3 as of Jun. 30, 2026, which is at its 10-year median of 3.00. GuruFocus rates RADLF with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 2,743 Software companies, Radial Research ranks worse than 78.93% 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

Radial Research 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 Radial Research's Piotroski F-Score or its related term are showing as below:

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

During the past 8 years, the highest Piotroski F-Score of Radial Research was 4. The lowest was 2. And the median was 3.

Radial Research  (OTCPK:RADLF) 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.


Radial Research Piotroski F-Score Related Terms


Radial Research Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Radial Research'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.

Radial Research Piotroski F-Score Chart

Radial Research Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Piotroski F-Score
Get a 7-Day Free Trial 2.00 3.00 4.00 3.00 3.00

Radial Research Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 3.00 3.00 3.00 3.00

RADLF vs UBER, SHOP, CRM: Piotroski F-Score Comparison

For the Software - Application subindustry, Radial Research'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.


Radial Research Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Radial Research's Piotroski F-Score distribution charts can be found below:

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


RADLF
27GF Score
Radial Research Corp RADLF
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was -0.029 + 0.014 + -0.034 + -0.047 = $-0.10 Mil.
Cash Flow from Operations was -0.024 + -0.013 + -0.021 + -0.018 = $-0.08 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 (Feb25)
to the end of this year (Feb26) was
(0.155 + 0.143 + 0.129 + 0.105 + 0.089) / 5 = $0.1242 Mil.
Total Assets at the begining of this year (Feb25) was $0.16 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.09 Mil.
Total Current Liabilities was $0.49 Mil.
Net Income was -0.027 + 0.001 + -0.036 + -0.033 = $-0.10 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 last year (Feb24)
to the end of last year (Feb25) was
(0.244 + 0.228 + 0.209 + 0.172 + 0.155) / 5 = $0.2016 Mil.
Total Assets at the begining of last year (Feb24) was $0.24 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.16 Mil.
Total Current Liabilities was $0.45 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.

Radial Research's current Net Income (TTM) was -0.10. ==> 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.

Radial Research's current Cash Flow from Operations (TTM) was -0.08. ==> 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 (Feb25)
=-0.096/0.155
=-0.61935484

ROA (Last Year)=Net Income/Total Assets (Feb24)
=-0.095/0.244
=-0.38934426

Radial Research's return on assets of this year was -0.61935484. Radial Research's return on assets of last year was -0.38934426. ==> 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.

Radial Research's current Net Income (TTM) was -0.10. Radial Research's current Cash Flow from Operations (TTM) was -0.08. ==> -0.08 > -0.10 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0/0.1242
=0

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/0.2016
=0

Radial Research's gearing of this year was 0. Radial Research'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: Feb26)=Total Current Assets/Total Current Liabilities
=0.089/0.494
=0.18016194

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=0.155/0.449
=0.34521158

Radial Research's current ratio of this year was 0.18016194. Radial Research's current ratio of last year was 0.34521158. ==> 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.

Radial Research's number of shares in issue this year was 2.784. Radial Research's number of shares in issue last year was 2.784. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Radial Research's gross margin of this year was . Radial Research's gross margin of last year was . ==> 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 (Feb25)
=0/0.155
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=0/0.244
=0

Radial Research's asset turnover of this year was 0. Radial Research's asset turnover of last year was 0. ==> 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

Radial Research 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?
Radial Research (RADLF) has a Piotroski F-Score of 3 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Radial Research and its competitors. This is near median its historical median of 3.00. Over the past decade, Radial Research's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Radial Research ranks #2165 out of 2743 companies in the Software industry, placing it in the top 78.9%.
Is Radial Research's Piotroski F-Score too high?
Radial Research's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Software industry median Piotroski F-Score is 5.00. Radial Research's value of 3 is 40% below this industry median. Based on the distribution chart, Radial Research ranks #2165 out of 2743 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Radial Research has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Radial Research's Piotroski F-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Radial Research ranks #2165 out of 2743 companies for Piotroski F-Score. This places Radial Research in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Radial Research's value of 3 is 40% below this benchmark. Historically, Radial Research's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Radial Research 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 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. Radial Research's current Piotroski F-Score of 3 is 40% 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 Radial Research and its competitors. For the Software 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. Radial Research's current Piotroski F-Score is 3, which is near 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 Radial Research stock overvalued right now?
Radial Research (RADLF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Software industry median of 5.00. Radial Research's overall GF Score™ is 27/100 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 Radial Research (RADLF), the current Piotroski F-Score is 3 as of Jun. 30, 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.

Radial Research Business Description

Other Exchanges RAD:Canada
Address 422 Richards Street, Suite 170, Radial Research Corp, Vancouver, BC, CAN, V6B 2Z4
Radial Research Corp is a Canada-based technology company. It is mainly engaged in developing online and download technologies and services, including software, websites and smartphone applications.
27GF 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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