Ur-Energy (STU:U9T) Piotroski F-Score: 2 (As of Jul. 30, 2026) — 50% Below Median

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STU:U9T Ur-Energy Inc STU:U9T
29 GF Score
Price €1.02
! 5 Warning Signs
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What is Ur-Energy Piotroski F-Score?

Ur-Energy STU:U9T -2.10% 29 Piotroski F-Score is 2 as of Jul. 30, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates STU:U9T with a GF Score™ of 29/100. The stock has 5 warning signs investors should review. Among 177 Other Energy Sources companies, Ur-Energy ranks worse than 88.14% 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

Ur-Energy 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 Ur-Energy's Piotroski F-Score or its related term are showing as below:

STU:U9T' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 2

During the past 13 years, the highest Piotroski F-Score of Ur-Energy was 8. The lowest was 1. And the median was 4.

Ur-Energy  (STU:U9T) 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.


Ur-Energy Piotroski F-Score Related Terms


Ur-Energy Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ur-Energy'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.

Ur-Energy Piotroski F-Score Chart

Ur-Energy 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 1.00 3.00

Ur-Energy 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 1.00 2.00 2.00 3.00 2.00

STU:U9T vs UEC, LEU: Piotroski F-Score Comparison

For the Uranium subindustry, Ur-Energy'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.


Ur-Energy Piotroski F-Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ur-Energy's Piotroski F-Score distribution charts can be found below:

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


STU:U9T
29GF Score
Ur-Energy Inc STU:U9T
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 -18.169 + -23.398 + -13.306 + -24.89 = €-79.76 Mil.
Cash Flow from Operations was -10.492 + -12.819 + -16.042 + -14.263 = €-53.62 Mil.
Revenue was 9.047 + 5.387 + 8.923 + 3.4 = €26.76 Mil.
Gross Profit was 1.682 + -0.63 + 1.257 + 1.076 = €3.39 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(169.158 + 148.547 + 145.647 + 232.68 + 252.276) / 5 = €189.6616 Mil.
Total Assets at the begining of this year (Mar25) was €169.16 Mil.
Long-Term Debt & Capital Lease Obligation was €59.46 Mil.
Total Current Assets was €133.33 Mil.
Total Current Liabilities was €30.05 Mil.
Net Income was -6.117 + -7.21 + -19.159 + -10.081 = €-42.57 Mil.

Revenue was 4.323 + 5.766 + 21.634 + 0 = €31.72 Mil.
Gross Profit was 1.232 + 0.709 + -9.499 + -2.403 = €-9.96 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(114.945 + 130.597 + 181.435 + 185.392 + 169.158) / 5 = €156.3054 Mil.
Total Assets at the begining of last year (Mar24) was €114.95 Mil.
Long-Term Debt & Capital Lease Obligation was €1.00 Mil.
Total Current Assets was €92.46 Mil.
Total Current Liabilities was €19.13 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.

Ur-Energy's current Net Income (TTM) was -79.76. ==> 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.

Ur-Energy's current Cash Flow from Operations (TTM) was -53.62. ==> 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)
=-79.763/169.158
=-0.47152958

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-42.567/114.945
=-0.37032494

Ur-Energy's return on assets of this year was -0.47152958. Ur-Energy's return on assets of last year was -0.37032494. ==> 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.

Ur-Energy's current Net Income (TTM) was -79.76. Ur-Energy's current Cash Flow from Operations (TTM) was -53.62. ==> -53.62 > -79.76 ==> 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
=59.457/189.6616
=0.31348992

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.996/156.3054
=0.00637214

Ur-Energy's gearing of this year was 0.31348992. Ur-Energy's gearing of last year was 0.00637214. ==> 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
=133.332/30.053
=4.43656207

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=92.461/19.13
=4.83329848

Ur-Energy's current ratio of this year was 4.43656207. Ur-Energy's current ratio of last year was 4.83329848. ==> 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.

Ur-Energy's number of shares in issue this year was 388.805. Ur-Energy's number of shares in issue last year was 364.434. ==> 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
=3.385/26.757
=0.12650895

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-9.961/31.723
=-0.31399931

Ur-Energy's gross margin of this year was 0.12650895. Ur-Energy's gross margin of last year was -0.31399931. ==> 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)
=26.757/169.158
=0.15817756

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=31.723/114.945
=0.27598417

Ur-Energy's asset turnover of this year was 0.15817756. Ur-Energy's asset turnover of last year was 0.27598417. ==> 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+0+0+0+1+0
=2

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

Ur-Energy 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?
Ur-Energy (STU:U9T) has a Piotroski F-Score of 2 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ur-Energy and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Ur-Energy's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Ur-Energy ranks #156 out of 177 companies in the Other Energy Sources industry, placing it in the top 88.1%.
Is Ur-Energy's Piotroski F-Score too high?
Ur-Energy'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 8.00. The Other Energy Sources industry median Piotroski F-Score is 4.00. Ur-Energy's value of 2 is 50% below this industry median. Based on the distribution chart, Ur-Energy ranks #156 out of 177 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Ur-Energy has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ur-Energy's Piotroski F-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Ur-Energy ranks #156 out of 177 companies for Piotroski F-Score. This places Ur-Energy in the lower half of its industry. The industry median Piotroski F-Score is 4.00. Ur-Energy's value of 2 is 50% below this benchmark. Historically, Ur-Energy's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 4.00, Ur-Energy 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 an Other Energy Sources company?
The median Piotroski F-Score among Other Energy Sources companies is 4.00, based on 177 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. Ur-Energy's current Piotroski F-Score of 2 is 50% 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 Ur-Energy and its competitors. For the Other Energy Sources industry, the median Piotroski F-Score is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ur-Energy'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 Ur-Energy stock overvalued right now?
Ur-Energy (STU:U9T) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 50% below the Other Energy Sources industry median of 4.00. Ur-Energy's overall GF Score™ is 29/100 with 5 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 Ur-Energy (STU:U9T), the current Piotroski F-Score is 2 as of Jul. 30, 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.

Ur-Energy Business Description

Other Exchanges URG:USAURE:Canada
Address 1478 Willer Drive, Casper, WY, USA, 82604
Ur-Energy Inc is engaged in uranium mining and recovery operations, with activities including the acquisition, exploration, development, and production of uranium mineral resources located in Wyoming. The company owns and operates the Lost Creek in-situ recovery uranium facility in south-central Wyoming, Lost Creek received an amendment to its license allowing the expansion of mining activities within the existing Lost Creek Project and the adjacent LC East Project; Shirley Basin; Other U.S. Projects.
29GF Score

Get the complete analysis for STU:U9T

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

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