Spacetalk (STU:EZY) Piotroski F-Score: 2 (As of Sep. 16, 2026) — 50% Below Median

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STU:EZY Spacetalk Ltd STU:EZY
23 GF Score
Price €0.10
GF Value €0.07
! 8 Warning Signs
View Full Analysis

What is Spacetalk Piotroski F-Score?

Spacetalk STU:EZY 23 Piotroski F-Score is 2 as of Sep. 16, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates STU:EZY with a GF Score™ of 23/100 and a GF Value™ of €0.07. The stock has 8 warning signs investors should review. Among 361 Telecommunication Services companies, Spacetalk ranks worse than 96.4% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

Spacetalk has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

STU:EZY' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 5
Current: 2

During the past 13 years, the highest Piotroski F-Score of Spacetalk was 5. The lowest was 1. And the median was 4.

Spacetalk  (STU:EZY) 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.


Spacetalk Piotroski F-Score Related Terms


Spacetalk Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Spacetalk'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.

Spacetalk Piotroski F-Score Chart

Spacetalk Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.00 5.00 4.00 2.00

Spacetalk Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 5.00 4.00 2.00 2.00

STU:EZY vs VZ, TMUS, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Spacetalk'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.


Spacetalk Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spacetalk's Piotroski F-Score distribution charts can be found below:

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


STU:EZY
23GF Score
Spacetalk Ltd STU:EZY
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was €-9.97 Mil.
Cash Flow from Operations was €-4.30 Mil.
Revenue was €9.42 Mil.
Gross Profit was €-1.70 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was (4.8013034033309 + 5.9626974547363) / 2 = €5.3820004290336 Mil.
Total Assets at the begining of this year (Jun25) was €4.80 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Total Current Assets was €2.72 Mil.
Total Current Liabilities was €12.87 Mil.
Net Income was €-2.71 Mil.

Revenue was €11.68 Mil.
Gross Profit was €1.05 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was (4.7277610916725 + 4.8013034033309) / 2 = €4.7645322475017 Mil.
Total Assets at the begining of last year (Jun24) was €4.73 Mil.
Long-Term Debt & Capital Lease Obligation was €1.84 Mil.
Total Current Assets was €3.25 Mil.
Total Current Liabilities was €5.29 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.

Spacetalk's current Net Income (TTM) was -9.97. ==> 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.

Spacetalk's current Cash Flow from Operations (TTM) was -4.30. ==> 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 (Jun25)
=-9.965079221075/4.8013034033309
=-2.07549459

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-2.7066810910364/4.7277610916725
=-0.57250801

Spacetalk's return on assets of this year was -2.07549459. Spacetalk's return on assets of last year was -0.57250801. ==> 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.

Spacetalk's current Net Income (TTM) was -9.97. Spacetalk's current Cash Flow from Operations (TTM) was -4.30. ==> -4.30 > -9.97 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/5.3820004290336
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=1.8423606082549/4.7645322475017
=0.38668237

Spacetalk's gearing of this year was 0. Spacetalk's gearing of last year was 0.38668237. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=2.7207836963177/12.871306568705
=0.21138364

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=3.2492541636495/5.2948327299059
=0.61366512

Spacetalk's current ratio of this year was 0.21138364. Spacetalk's current ratio of last year was 0.61366512. ==> 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.

Spacetalk's number of shares in issue this year was 105.889. Spacetalk's number of shares in issue last year was 61.414. ==> 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
=-1.7004481361911/9.4218885796883
=-0.18047848

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.0549146593806/11.680305790962
=0.09031567

Spacetalk's gross margin of this year was -0.18047848. Spacetalk's gross margin of last year was 0.09031567. ==> 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 (Jun25)
=9.4218885796883/4.8013034033309
=1.96236059

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=11.680305790962/4.7277610916725
=2.47057869

Spacetalk's asset turnover of this year was 1.96236059. Spacetalk's asset turnover of last year was 2.47057869. ==> 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+0+0+0
=2

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

Spacetalk has an F-score of 2. 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 2 mean?
Spacetalk (STU:EZY) has a Piotroski F-Score of 2 as of Sep. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Spacetalk and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Spacetalk's Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Spacetalk ranks #348 out of 361 companies in the Telecommunication Services industry, placing it in the top 96.4%.
Is Spacetalk's Piotroski F-Score too high?
Spacetalk's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Spacetalk's value of 2 is 66.7% below this industry median. Based on the distribution chart, Spacetalk ranks #348 out of 361 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Spacetalk has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Spacetalk's Piotroski F-Score compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Spacetalk ranks #348 out of 361 companies for Piotroski F-Score. This places Spacetalk in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Spacetalk's value of 2 is 66.7% below this benchmark. Historically, Spacetalk's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 6.00, Spacetalk 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 361 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. Spacetalk's current Piotroski F-Score of 2 is 66.7% 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 Spacetalk and its competitors. For the Telecommunication Services industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spacetalk's current Piotroski F-Score is 2, which is 50% 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 Spacetalk stock overvalued right now?
Spacetalk (STU:EZY) has a current Piotroski F-Score of 2. The stock's GF Value™ is €0.07, compared to a current price of €0.10 — trading 35.7% above its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 66.7% below the Telecommunication Services industry median of 6.00. Spacetalk's overall GF Score™ is 23/100 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 Spacetalk (STU:EZY), the current Piotroski F-Score is 2 as of Sep. 16, 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 Spacetalk (STU:EZY) Overvalued in 2026?

Based on GuruFocus' analysis, Spacetalk stock appears to be overvalued. The current stock price of €0.10 is trading 35.7% above its estimated GF Value™ of €0.07.

Key valuation signals for STU:EZY:

  • Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
  • GF Value™: €0.07 vs. price of €0.10 (35.7% above fair value)
  • GF Score™: 23/100 with 8 warning signs
  • Industry Position: 66.7% below the Telecommunication Services median (#348 of 361)

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


Spacetalk Business Description

Other Exchanges EZY:GermanySPA:Australia
Address 104 Frome Street, Level 2, Adelaide, SA, AUS, 5000
Spacetalk Ltd is a technology company designing, developing, and commercialising smartphone and watch wearables devices for children, and software for school communication and student absence management. Its business segments include Device, Schools, Apps, Seniors and MVNO, of which it derives maximum revenue from Devices segment.
23GF Score

Get the complete analysis for STU:EZY

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

€0.10
Price
€0.07
GF Value