SECUF (SSC Security Services) Piotroski F-Score: 6 (As of Jun. 29, 2026) — 20% Above Median


SECUF SSC Security Services Corp SECUF
68 GF Score
Price $3.13
GF Value $2.13
Valuation Significantly Overvalued
! 8 Warning Signs
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What is SSC Security Services Piotroski F-Score?

SSC Security Services SECUF +0.19% 68 Piotroski F-Score is 6 as of Jun. 29, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates SECUF with a GF Score™ of 68/100 and a GF Value™ of $2.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,063 Business Services companies, SSC Security Services ranks better than 72.06% 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

SSC Security Services 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 SSC Security Services's Piotroski F-Score or its related term are showing as below:

SECUF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of SSC Security Services was 9. The lowest was 2. And the median was 5.

SSC Security Services  (OTCPK:SECUF) 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.


SSC Security Services Piotroski F-Score Related Terms


SSC Security Services Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for SSC Security Services'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.

SSC Security Services Piotroski F-Score Chart

SSC Security Services Annual Data
Trend Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 7.00 9.00 5.00

SSC Security Services 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 5.00 4.00 5.00 6.00 6.00

SECUF vs ALLE, MSA, ADT: Piotroski F-Score Comparison

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, SSC Security Services's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where SSC Security Services's Piotroski F-Score falls into.


SECUF
68GF Score
SSC Security Services Corp SECUF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 0.042 + 0.156 + -0.006 + 0.122 = $0.31 Mil.
Cash Flow from Operations was -1.152 + 1.986 + -1.155 + -0.667 = $-0.99 Mil.
Revenue was 22.079 + 23.397 + 24.31 + 23.354 = $93.14 Mil.
Gross Profit was 3.866 + 3.959 + 3.702 + 3.644 = $15.17 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(55.765 + 57.471 + 60.679 + 59.802 + 57.441) / 5 = $58.2316 Mil.
Total Assets at the begining of this year (Mar25) was $55.77 Mil.
Long-Term Debt & Capital Lease Obligation was $3.33 Mil.
Total Current Assets was $26.13 Mil.
Total Current Liabilities was $7.86 Mil.
Net Income was 0.019 + -0.108 + -0.088 + 0.007 = $-0.17 Mil.

Revenue was 21.69 + 21.86 + 20.492 + 19.278 = $83.32 Mil.
Gross Profit was 3.44 + 3.591 + 3.375 + 3.107 = $13.51 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(61.89 + 59.235 + 59.961 + 56.714 + 55.765) / 5 = $58.713 Mil.
Total Assets at the begining of last year (Mar24) was $61.89 Mil.
Long-Term Debt & Capital Lease Obligation was $1.69 Mil.
Total Current Assets was $25.96 Mil.
Total Current Liabilities was $8.13 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.

SSC Security Services's current Net Income (TTM) was 0.31. ==> 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.

SSC Security Services's current Cash Flow from Operations (TTM) was -0.99. ==> 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)
=0.314/55.765
=0.00563077

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.17/61.89
=-0.00274681

SSC Security Services's return on assets of this year was 0.00563077. SSC Security Services's return on assets of last year was -0.00274681. ==> 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.

SSC Security Services's current Net Income (TTM) was 0.31. SSC Security Services's current Cash Flow from Operations (TTM) was -0.99. ==> -0.99 <= 0.31 ==> CFROA <= ROA ==> Score 0.

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
=3.327/58.2316
=0.05713393

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.688/58.713
=0.02875002

SSC Security Services's gearing of this year was 0.05713393. SSC Security Services's gearing of last year was 0.02875002. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=26.132/7.864
=3.32299084

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=25.963/8.127
=3.19465978

SSC Security Services's current ratio of this year was 3.32299084. SSC Security Services's current ratio of last year was 3.19465978. ==> 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.

SSC Security Services's number of shares in issue this year was 18.264. SSC Security Services's number of shares in issue last year was 18.477. ==> 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
=15.171/93.14
=0.16288383

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13.513/83.32
=0.16218195

SSC Security Services's gross margin of this year was 0.16288383. SSC Security Services's gross margin of last year was 0.16218195. ==> 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)
=93.14/55.765
=1.67022326

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=83.32/61.89
=1.34625949

SSC Security Services's asset turnover of this year was 1.67022326. SSC Security Services's asset turnover of last year was 1.34625949. ==> 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+0+1+0+0+1+1+1+1
=6

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

SSC Security Services 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?
SSC Security Services (SECUF) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SSC Security Services and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, SSC Security Services' Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, SSC Security Services ranks #297 out of 1063 companies in the Business Services industry, placing it in the top 27.9%.
Is SSC Security Services' Piotroski F-Score too high?
SSC Security Services' current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Business Services industry median Piotroski F-Score is 5.00. SSC Security Services' value of 6 is 20% above this industry median. Based on the distribution chart, SSC Security Services ranks #297 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, SSC Security Services has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSC Security Services' Piotroski F-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, SSC Security Services ranks #297 out of 1063 companies for Piotroski F-Score. This puts SSC Security Services in the upper half of its industry. The industry median Piotroski F-Score is 5.00. SSC Security Services' value of 6 is 20% above this benchmark. Historically, SSC Security Services' own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, SSC Security Services 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. SSC Security Services'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 SSC Security Services and its competitors. For the Business Services 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. SSC Security Services's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSC Security Services stock overvalued right now?
Based on GuruFocus' analysis, SSC Security Services (SECUF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.13, compared to a current price of $3.13 — trading 46.8% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Business Services industry median of 5.00. SSC Security Services' overall GF Score™ is 68/100 with 8 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 SSC Security Services (SECUF), the current Piotroski F-Score is 6 as of Jun. 29, 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 SSC Security Services (SECUF) Overvalued in 2026?

Based on GuruFocus' analysis, SSC Security Services stock appears to be overvalued. The current stock price of $3.13 is trading 46.8% above its estimated GF Value™ of $2.13. GuruFocus considers SSC Security Services to be Significantly Overvalued.

Key valuation signals for SECUF:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $2.13 vs. price of $3.13 (46.8% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 20% above the Business Services median (#297 of 1063)

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


SSC Security Services Business Description

Other Exchanges SECU:Canada
Address 1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a provider of protective security services and cyber security services to corporate and public sector clients across Canada. The company operates through the Security, Legacy Operations, and Corporate segments, with the Security segment providing protective services, cyber security services, and security system design, sales, installation, monitoring, and alarm response, and generating the majority of revenue. Legacy Operations relate to the previous canola streaming business, while the Corporate segment includes intersegment charges and corporate overhead costs, and the Company provides security services for enterprise customers across Canada.
68GF Score

Get the complete analysis for SECUF

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

$3.13
Price
$2.13
GF Value