Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Armah Sports CoSAU:9590 +1.60%17 Piotroski F-Score is 9 as of Aug. 13, 2026, which is at its 10-year median of 9.00. GuruFocus rates SAU:9590 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 829 Travel & Leisure companies, Armah Sports Co ranks better than 99.88% on this metric.
Good Sign:
Piotroski F-Score is 9, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Armah Sports Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Armah Sports Co's Piotroski F-Score or its related term are showing as below:
SAU:9590'
s Piotroski F-Score Range Over the Past 10 Years
Min: 7 Med: 9 Max: 9
Current: 9
During the past 5 years, the highest Piotroski F-Score of Armah Sports Co was 9. The lowest was 7. And the median was 9.
Armah Sports Co (SAU:9590) 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.
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.
Armah Sports Co Piotroski F-Score Related Terms
Armah Sports Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Armah Sports 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.
SAU:9590 vs AS, HAS, LTH: Piotroski F-Score Comparison
For the Leisure subindustry, Armah Sports 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.
Armah Sports Co Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Armah Sports Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Armah Sports Co's Piotroski F-Score falls into.
* 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.
*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.
Armah Sports Co's current Net Income (TTM) was 62.0.
==> Positive ==> Score 1.
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.
Armah Sports Co's return on assets of this year was 0.06318709. Armah Sports Co's return on assets of last year was 0.04622202.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Armah Sports Co's gearing of this year was 0.34661886. Armah Sports Co's gearing of last year was 0.40560782.
==> 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
Armah Sports Co's current ratio of this year was 0.61098025. Armah Sports Co's current ratio of last year was 0.39114805.
==> 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.
Armah Sports Co's number of shares in issue this year was 32.859. Armah Sports Co's number of shares in issue last year was 32.859.
==> 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.
Armah Sports Co's gross margin of this year was 0.49332379. Armah Sports Co's gross margin of last year was 0.47259101.
==> This year's gross 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
Armah Sports Co's asset turnover of this year was 0.22916478. Armah Sports Co's asset turnover of last year was 0.21443477.
==> 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
=
1
+
1
+
1
+
1
+
1
+
1
+
1
+
1
+
1
=
9
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Armah Sports Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Armah Sports Co (SAU:9590) has a Piotroski F-Score of 9 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Armah Sports Co and its competitors. This is near median its historical median of 9.00. Over the past decade, Armah Sports Co's Piotroski F-Score has ranged from 7.00 to 9.00. According to the industry distribution chart, Armah Sports Co ranks #1 out of 829 companies in the Travel & Leisure industry, placing it in the top 0.099999999999994%.
Is Armah Sports Co's Piotroski F-Score too high?
Armah Sports Co's current Piotroski F-Score of 9 is near median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Armah Sports Co's value of 9 is 80% above this industry median. Based on the distribution chart, Armah Sports Co ranks #1 out of 829 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Armah Sports Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Armah Sports Co's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Armah Sports Co ranks #1 out of 829 companies for Piotroski F-Score. This places Armah Sports Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Armah Sports Co's value of 9 is 80% above this benchmark. Historically, Armah Sports Co's own Piotroski F-Score has ranged from 7.00 to 9.00 over the past decade. While the company's 10-year median is 9.00 vs. the industry median of 5.00, Armah Sports Co has consistently been above 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 829 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. Armah Sports Co's current Piotroski F-Score of 9 is 80% above 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 Armah Sports Co and its competitors. For the Travel & Leisure 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. Armah Sports Co's current Piotroski F-Score is 9, which is near median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armah Sports Co stock overvalued right now?
Armah Sports Co (SAU:9590) has a current Piotroski F-Score of 9. The current Piotroski F-Score is 9, which is near median its 10-year median of 9.00 and 80% above the Travel & Leisure industry median of 5.00. Armah Sports Co's overall GF Score™ is 17/100 with 4 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 Armah Sports Co (SAU:9590), the current Piotroski F-Score is 9 as of Aug. 13, 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.
Armah Sports Co is a curator of fitness brands focused on reshaping the industry. Its club network and expertise allow its customers to develop fitness centre goals into reality. No stone is left unturned. The company's primary activities include operating facilities, sports centers, retail sales of sports apparel, and providing food services in sports facilities, salons, and other sports activities. The company operates into two geographical segments: the Central region and the Western region. It derives maximum revenue from the Central Region.
17GF Score
Get the complete analysis for SAU:9590
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SAU:9590 has been successfully added to your 
