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Bonterra EnergyTSX:BNE -0.88%54 Piotroski F-Score is 6 as of Aug. 14, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSX:BNE with a GF Score™ of 54/100 and a GF Value™ of C$3.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 988 Oil & Gas companies, Bonterra Energy ranks better than 76.82% 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
Bonterra Energy 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 Bonterra Energy's Piotroski F-Score or its related term are showing as below:
TSX:BNE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Bonterra Energy was 8. The lowest was 3. And the median was 5.
Bonterra Energy (TSX:BNE) 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.
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.
Bonterra Energy Piotroski F-Score Related Terms
Bonterra Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Bonterra 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.
TSX:BNE vs COP, EOG, FANG: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, Bonterra 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.
Bonterra Energy Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bonterra Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bonterra Energy's Piotroski F-Score falls into.
* 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.
*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.
Bonterra Energy's current Net Income (TTM) was -2.1.
==> 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.
Bonterra Energy's return on assets of this year was -0.00225453. Bonterra Energy's return on assets of last year was -0.00698938.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bonterra Energy's gearing of this year was 0.17752929. Bonterra Energy's gearing of last year was 0.169249.
==> 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
Bonterra Energy's current ratio of this year was 0.59709724. Bonterra Energy's current ratio of last year was 0.8612574.
==> 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.
Bonterra Energy's number of shares in issue this year was 37.195. Bonterra Energy's number of shares in issue last year was 37.494.
==> 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.
Bonterra Energy's gross margin of this year was 0.20063691. Bonterra Energy's gross margin of last year was 0.13159933.
==> 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
Bonterra Energy's asset turnover of this year was 0.2914543. Bonterra Energy's asset turnover of last year was 0.2782113.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bonterra Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Bonterra Energy (TSX:BNE) has a Piotroski F-Score of 6 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bonterra Energy and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Bonterra Energy's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Bonterra Energy ranks #229 out of 988 companies in the Oil & Gas industry, placing it in the top 23.2%.
Is Bonterra Energy's Piotroski F-Score too high?
Bonterra Energy's 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 3.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Bonterra Energy's value of 6 is 20% above this industry median. Based on the distribution chart, Bonterra Energy ranks #229 out of 988 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Bonterra Energy has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bonterra Energy's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Bonterra Energy ranks #229 out of 988 companies for Piotroski F-Score. This places Bonterra Energy in the top 23% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Bonterra Energy's value of 6 is 20% above this benchmark. Historically, Bonterra Energy's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Bonterra Energy 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 988 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. Bonterra Energy'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 Bonterra Energy 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. Bonterra Energy'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 Bonterra Energy stock overvalued right now?
Based on GuruFocus' analysis, Bonterra Energy (TSX:BNE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.91, compared to a current price of C$5.60 — trading 43.2% 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 Oil & Gas industry median of 5.00. Bonterra Energy's overall GF Score™ is 54/100 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 Bonterra Energy (TSX:BNE), the current Piotroski F-Score is 6 as of Aug. 14, 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 Bonterra Energy (TSX:BNE) Overvalued in 2026?
Based on GuruFocus' analysis, Bonterra Energy stock appears to be overvalued.
The current stock price of C$5.60 is trading 43.2% above its estimated GF Value™ of C$3.91.
GuruFocus considers Bonterra Energy to be Significantly Overvalued.
Key valuation signals for TSX:BNE:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: C$3.91 vs. price of C$5.60 (43.2% above fair value)
Industry Position: 20% above the Oil & Gas median (#229 of 988)
No single metric tells the full story. See the TSX:BNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.
54GF Score
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