SDIIF (SDI Group) Piotroski F-Score: 6 (As of Jun. 25, 2026) — Near Median


SDIIF SDI Group PLC SDIIF
93 GF Score
Price $1.05
GF Value $1.31
Valuation Modestly Undervalued
! 4 Warning Signs
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What is SDI Group Piotroski F-Score?

SDI Group SDIIF 93 Piotroski F-Score is 6 as of Jun. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates SDIIF with a GF Score™ of 93/100 and a GF Value™ of $1.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,425 Hardware companies, SDI Group ranks better than 77.81% 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

SDI Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

SDIIF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of SDI Group was 7. The lowest was 4. And the median was 6.

SDI Group  (OTCPK:SDIIF) 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.


SDI Group Piotroski F-Score Related Terms


SDI Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SDI Group'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.

SDI Group Piotroski F-Score Chart

SDI Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 4.00 5.00 6.00

SDI Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 5.00 0.00 6.00 0.00

SDIIF vs COHR, KEYS, GRMN: Piotroski F-Score Comparison

For the Scientific & Technical Instruments subindustry, SDI Group'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.


SDI Group Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, SDI Group's Piotroski F-Score distribution charts can be found below:

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


SDIIF
93GF Score
SDI Group PLC SDIIF
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 (Apr25) TTM:Last Year (Apr24) TTM:
Net Income was $5.24 Mil.
Cash Flow from Operations was $12.22 Mil.
Revenue was $86.96 Mil.
Gross Profit was $56.41 Mil.
Average Total Assets from the begining of this year (Apr24)
to the end of this year (Apr25) was (102.205 + 115.941) / 2 = $109.073 Mil.
Total Assets at the begining of this year (Apr24) was $102.21 Mil.
Long-Term Debt & Capital Lease Obligation was $27.69 Mil.
Total Current Assets was $33.80 Mil.
Total Current Liabilities was $16.17 Mil.
Net Income was $5.30 Mil.

Revenue was $82.41 Mil.
Gross Profit was $52.00 Mil.
Average Total Assets from the begining of last year (Apr23)
to the end of last year (Apr24) was (105.112 + 102.205) / 2 = $103.6585 Mil.
Total Assets at the begining of last year (Apr23) was $105.11 Mil.
Long-Term Debt & Capital Lease Obligation was $25.83 Mil.
Total Current Assets was $31.00 Mil.
Total Current Liabilities was $13.15 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.

SDI Group's current Net Income (TTM) was 5.24. ==> 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.

Score 1 if positive, 0 if negative.

SDI Group's current Cash Flow from Operations (TTM) was 12.22. ==> 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 (Apr24)
=5.235/102.205
=0.05122059

ROA (Last Year)=Net Income/Total Assets (Apr23)
=5.295/105.112
=0.05037484

SDI Group's return on assets of this year was 0.05122059. SDI Group's return on assets of last year was 0.05037484. ==> This year is higher. ==> Score 1.

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.

SDI Group's current Net Income (TTM) was 5.24. SDI Group's current Cash Flow from Operations (TTM) was 12.22. ==> 12.22 > 5.24 ==> 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: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=27.687/109.073
=0.25383917

Gearing (Last Year: Apr24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr23 to Apr24
=25.827/103.6585
=0.24915468

SDI Group's gearing of this year was 0.25383917. SDI Group's gearing of last year was 0.24915468. ==> 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: Apr25)=Total Current Assets/Total Current Liabilities
=33.803/16.17
=2.09047619

Current Ratio (Last Year: Apr24)=Total Current Assets/Total Current Liabilities
=31.003/13.154
=2.35692565

SDI Group's current ratio of this year was 2.09047619. SDI Group's current ratio of last year was 2.35692565. ==> 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.

SDI Group's number of shares in issue this year was 106.097. SDI Group's number of shares in issue last year was 105.254. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=56.407/86.961
=0.64864709

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=52.001/82.411
=0.63099586

SDI Group's gross margin of this year was 0.64864709. SDI Group's gross margin of last year was 0.63099586. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr24)
=86.961/102.205
=0.85084878

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr23)
=82.411/105.112
=0.78403037

SDI Group's asset turnover of this year was 0.85084878. SDI Group's asset turnover of last year was 0.78403037. ==> 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+0+0+0+1+1
=6

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

SDI Group has an F-score of 6 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 6 mean?
SDI Group (SDIIF) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SDI Group and its competitors. This is near median its historical median of 6.00. Over the past decade, SDI Group's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, SDI Group ranks #538 out of 2425 companies in the Hardware industry, placing it in the top 22.2%.
Is SDI Group's Piotroski F-Score too high?
SDI Group's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. SDI Group's value of 6 is 20% above this industry median. Based on the distribution chart, SDI Group ranks #538 out of 2425 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, SDI Group has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SDI Group's Piotroski F-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, SDI Group ranks #538 out of 2425 companies for Piotroski F-Score. This places SDI Group in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. SDI Group's value of 6 is 20% above this benchmark. Historically, SDI Group's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, SDI Group 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,425 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. SDI Group's current Piotroski F-Score of 6 is 20% 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 SDI Group and its competitors. For the Hardware 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. SDI Group's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SDI Group stock overvalued right now?
Based on GuruFocus' analysis, SDI Group (SDIIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.31, compared to a current price of $1.05 — trading 19.8% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Hardware industry median of 5.00. SDI Group's overall GF Score™ is 93/100 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 SDI Group (SDIIF), the current Piotroski F-Score is 6 as of Jun. 25, 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 SDI Group (SDIIF) Overvalued in 2026?

Based on GuruFocus' analysis, SDI Group stock appears to be undervalued. The current stock price of $1.05 is trading 19.8% below its estimated GF Value™ of $1.31. GuruFocus considers SDI Group to be Modestly Undervalued.

Key valuation signals for SDIIF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $1.31 vs. price of $1.05 (19.8% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 20% above the Hardware median (#538 of 2425)

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


SDI Group Business Description

Other Exchanges SDI:UKSD0:Germany
Address Nuffield Road, Beacon House, Cambridge, GBR, CB4 1TF
SDI Group PLC designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing, and art conservation markets through Synoptics, the Artemis, the Opus instruments, and Astles Control systems brands. The Digital Imaging segment incorporates the Synoptics brands Syngene, Synbiosis, Synoptics Health and Fistreem, the Atik brands Atik Cameras, Opus, and Quantum Scientific Imaging, and the Graticules Optics business. The Sensors & Control segment combines Sentek, Astles Control Systems, Applied Thermal Control, Thermal Exchange, MPB Industries, and Chell Instruments businesses. It operates in the UK, Europe, America, Rest of Asia, and Rest of the world segments. It derives majority of its revenues from the United Kingdom.
93GF Score

Get the complete analysis for SDIIF

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

$1.05
Price
$1.31
GF Value