SDURF (Stroud Resources) Piotroski F-Score: 5 (As of Jun. 24, 2026) — 25% Above Median


SDURF Stroud Resources Ltd SDURF
29 GF Score
Price $0.08
! 2 Warning Signs
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What is Stroud Resources Piotroski F-Score?

Stroud Resources SDURF 29 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates SDURF with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 974 Oil & Gas companies, Stroud Resources 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

Stroud Resources 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 Stroud Resources's Piotroski F-Score or its related term are showing as below:

SDURF' 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 Stroud Resources was 7. The lowest was 2. And the median was 4.

Stroud Resources  (OTCPK:SDURF) 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.


Stroud Resources Piotroski F-Score Related Terms


Stroud Resources Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Stroud Resources'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.

Stroud Resources Piotroski F-Score Chart

Stroud Resources 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 3.00 3.00 4.00 4.00 5.00

Stroud Resources 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 5.00 5.00

SDURF vs COP, EOG, OXY: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, Stroud Resources'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.


Stroud Resources Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Stroud Resources's Piotroski F-Score distribution charts can be found below:

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


SDURF
29GF Score
Stroud Resources Ltd SDURF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -0.048 + -0.124 + -0.064 + -0.044 = $-0.28 Mil.
Cash Flow from Operations was -0.018 + -0.019 + -0.078 + -0.077 = $-0.19 Mil.
Revenue was 0.005 + 0.004 + 0.004 + 0.005 = $0.02 Mil.
Gross Profit was 0 + 0.001 + 0 + 0.001 = $0.00 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(0.07 + 0.03 + 0.015 + 0.097 + 0.249) / 5 = $0.0922 Mil.
Total Assets at the begining of this year (Mar25) was $0.07 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.25 Mil.
Total Current Liabilities was $0.10 Mil.
Net Income was -0.059 + -0.064 + -0.06 + -0.04 = $-0.22 Mil.

Revenue was 0.005 + 0.005 + 0.004 + 0.005 = $0.02 Mil.
Gross Profit was -0.001 + 0.001 + -0.001 + 0.001 = $0.00 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(0.229 + 0.155 + 0.089 + 0.053 + 0.07) / 5 = $0.1192 Mil.
Total Assets at the begining of last year (Mar24) was $0.23 Mil.
Long-Term Debt & Capital Lease Obligation was $0.05 Mil.
Total Current Assets was $0.07 Mil.
Total Current Liabilities was $0.10 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.

Stroud Resources's current Net Income (TTM) was -0.28. ==> 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.

Stroud Resources's current Cash Flow from Operations (TTM) was -0.19. ==> 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)
=-0.28/0.07
=-4

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.223/0.229
=-0.97379913

Stroud Resources's return on assets of this year was -4. Stroud Resources's return on assets of last year was -0.97379913. ==> 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.

Stroud Resources's current Net Income (TTM) was -0.28. Stroud Resources's current Cash Flow from Operations (TTM) was -0.19. ==> -0.19 > -0.28 ==> 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
=0/0.0922
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.052/0.1192
=0.43624161

Stroud Resources's gearing of this year was 0. Stroud Resources's gearing of last year was 0.43624161. ==> 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
=0.249/0.1
=2.49

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=0.07/0.101
=0.69306931

Stroud Resources's current ratio of this year was 2.49. Stroud Resources's current ratio of last year was 0.69306931. ==> 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.

Stroud Resources's number of shares in issue this year was 60.856. Stroud Resources's number of shares in issue last year was 57.623. ==> 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
=0.002/0.018
=0.11111111

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0.019
=0

Stroud Resources's gross margin of this year was 0.11111111. Stroud Resources's gross margin of last year was 0. ==> 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 (Mar25)
=0.018/0.07
=0.25714286

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0.019/0.229
=0.08296943

Stroud Resources's asset turnover of this year was 0.25714286. Stroud Resources's asset turnover of last year was 0.08296943. ==> 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+0+0+1+1+1+0+1+1
=5

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

Stroud Resources 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?
Stroud Resources (SDURF) 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 Stroud Resources and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Stroud Resources' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Stroud Resources ranks #362 out of 974 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is Stroud Resources' Piotroski F-Score too high?
Stroud Resources' 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. Stroud Resources' value of 5 is 0% at this industry median. Based on the distribution chart, Stroud Resources ranks #362 out of 974 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Stroud Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Stroud Resources' Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Stroud Resources ranks #362 out of 974 companies for Piotroski F-Score. This puts Stroud Resources in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Stroud Resources' value of 5 is 0% at this benchmark. Historically, Stroud Resources' 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, Stroud Resources 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. Stroud Resources'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 Stroud Resources 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. Stroud Resources'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 Stroud Resources stock overvalued right now?
Stroud Resources (SDURF) has a current Piotroski F-Score of 5. 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. Stroud Resources' overall GF Score™ is 29/100 with 2 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 Stroud Resources (SDURF), 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.

Stroud Resources Business Description

Industry EnergyOil & Gas
Other Exchanges 3X21:GermanySDR:Canada
Address 1090 Don Mills Road, Suite 404, Toronto, ON, CAN, M3C 5R6
Stroud Resources Ltd is a mineral exploration company with an exploration portfolio in Canada and Mexico. The company holds its interest in its Mexican properties through its wholly-owned subsidiary, which holds prospecting and exploration permits for the properties. It operates in two segments: Mineral exploration and Oil and gas exploration and development. The company's projects are Santo Domingo, Hislop, Leckie, and other Oil and Gas Interests.
29GF 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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