SEAV (Seatech Ventures) Piotroski F-Score: 3 (As of Aug. 02, 2026) — 25% Below Median

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What is Seatech Ventures Piotroski F-Score?

Seatech Ventures SEAV Piotroski F-Score is 3 as of Aug. 02, 2026, which is 25% below its 10-year median of 4.00. The stock has 2 warning signs investors should review. Among 2,730 Software companies, Seatech Ventures ranks worse than 79.3% 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

Seatech Ventures 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 Seatech Ventures's Piotroski F-Score or its related term are showing as below:

SEAV' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 3

During the past 8 years, the highest Piotroski F-Score of Seatech Ventures was 7. The lowest was 2. And the median was 4.

Seatech Ventures  (OTCPK:SEAV) 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.


Seatech Ventures Piotroski F-Score Related Terms


Seatech Ventures Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Seatech Ventures'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.

Seatech Ventures Piotroski F-Score Chart

Seatech Ventures Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 4.00 3.00 4.00 2.00

Seatech Ventures 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 4.00 3.00 3.00 2.00 3.00

SEAV vs CYCU, HWNI, NOTE: Piotroski F-Score Comparison

For the Information Technology Services subindustry, Seatech Ventures'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.


Seatech Ventures Piotroski F-Score vs Software Industry

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

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


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 -0.022 + -0.017 + -0.009 + 0.001 = $-0.05 Mil.
Cash Flow from Operations was -0.003 + 0.001 + -0.003 + 0 = $-0.01 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 (Mar25)
to the end of this year (Mar26) was
(0.011 + 0.011 + 0.01 + 0.01 + 0.005) / 5 = $0.0094 Mil.
Total Assets at the begining of this year (Mar25) was $0.01 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $0.39 Mil.
Net Income was -0.032 + -0.025 + -0.056 + 0.007 = $-0.11 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 (Mar24)
to the end of last year (Mar25) was
(0.101 + 0.091 + 0.03 + 0.02 + 0.011) / 5 = $0.0506 Mil.
Total Assets at the begining of last year (Mar24) was $0.10 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.01 Mil.
Total Current Liabilities was $0.35 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.

Seatech Ventures's current Net Income (TTM) was -0.05. ==> 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.

Seatech Ventures's current Cash Flow from Operations (TTM) was -0.01. ==> 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)
=-0.047/0.011
=-4.27272727

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.106/0.101
=-1.04950495

Seatech Ventures's return on assets of this year was -4.27272727. Seatech Ventures's return on assets of last year was -1.04950495. ==> 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.

Seatech Ventures's current Net Income (TTM) was -0.05. Seatech Ventures's current Cash Flow from Operations (TTM) was -0.01. ==> -0.01 > -0.05 ==> 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
=0/0.0094
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/0.0506
=0

Seatech Ventures's gearing of this year was 0. Seatech Ventures'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: Mar26)=Total Current Assets/Total Current Liabilities
=0.002/0.385
=0.00519481

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=0.008/0.347
=0.02305476

Seatech Ventures's current ratio of this year was 0.00519481. Seatech Ventures's current ratio of last year was 0.02305476. ==> 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.

Seatech Ventures's number of shares in issue this year was 92.562. Seatech Ventures's number of shares in issue last year was 92.562. ==> 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
=

Seatech Ventures's gross margin of this year was . Seatech Ventures'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 (Mar25)
=0/0.011
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0/0.101
=0

Seatech Ventures's asset turnover of this year was 0. Seatech Ventures'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

Seatech Ventures 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?
Seatech Ventures (SEAV) has a Piotroski F-Score of 3 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Seatech Ventures and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Seatech Ventures' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Seatech Ventures ranks #2165 out of 2730 companies in the Software industry, placing it in the top 79.3%.
Is Seatech Ventures' Piotroski F-Score too high?
Seatech Ventures' current Piotroski F-Score of 3 is 25% below 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 Software industry median Piotroski F-Score is 5.00. Seatech Ventures' value of 3 is 40% below this industry median. Based on the distribution chart, Seatech Ventures ranks #2165 out of 2730 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Seatech Ventures' Piotroski F-Score compare to CYCU and HWNI?
According to the Software industry distribution chart, Seatech Ventures ranks #2165 out of 2730 companies for Piotroski F-Score. This places Seatech Ventures in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Seatech Ventures' value of 3 is 40% below this benchmark. Historically, Seatech Ventures' 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, Seatech Ventures 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 2,730 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. Seatech Ventures'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 Seatech Ventures 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. Seatech Ventures's current Piotroski F-Score is 3, which is 25% below 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 Seatech Ventures stock overvalued right now?
Based on GuruFocus' analysis, Seatech Ventures (SEAV) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.05 — trading 50.3% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Software industry median of 5.00. 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 Seatech Ventures (SEAV), the current Piotroski F-Score is 3 as of Aug. 02, 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.

Seatech Ventures Business Description

Address 11-05 & 11-06, Tower A, Avenue 3, Vertical Business Suite, Jalan Kerinchi, Bangsar South, Kuala Lumpur, MYS, 59200
Seatech Ventures Corp is a company providing business mentoring services, nurturing and incubation services relating to client businesses and corporate development advisory services to entrepreneurs in the broader technology industry, but with a specific focus on the information and communication technology industry. The company focus the efforts on nurturing ICT entrepreneurs in Asia. The advisory services will center on the ICT Start-Up Mentorship Program, which is designed to assist tech-based entrepreneurs in solving ICT industry pain points caused by technical insufficiencies, inappropriate financial modelling, and weak strategic positioning within a competitive environment. The program aims to improve the technical exposure of the clients and to improve their sustainability.