DPM Metals (TSX:DPM) Piotroski F-Score: 7 (As of Jun. 26, 2026) — Near Median


TSX:DPM DPM Metals Inc TSX:DPM
78 GF Score
Price C$44.93
GF Value C$27.29
Valuation Significantly Overvalued
! 2 Warning Signs
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What is DPM Metals Piotroski F-Score?

DPM Metals TSX:DPM +0.56% 78 Piotroski F-Score is 7 as of Jun. 26, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSX:DPM with a GF Score™ of 78/100 and a GF Value™ of C$27.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,512 Metals & Mining companies, DPM Metals ranks better than 95.5% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

DPM Metals has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSX:DPM' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of DPM Metals was 9. The lowest was 3. And the median was 7.

DPM Metals  (TSX:DPM) 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.


DPM Metals Piotroski F-Score Related Terms


DPM Metals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DPM Metals'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.

DPM Metals Piotroski F-Score Chart

DPM Metals 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 5.00 7.00 9.00 7.00 7.00

DPM Metals 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 9.00 9.00 8.00 7.00 7.00

TSX:DPM vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, DPM Metals'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.


DPM Metals Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DPM Metals's Piotroski F-Score distribution charts can be found below:

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


TSX:DPM
78GF Score
DPM Metals Inc TSX:DPM
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 112.623 + 132.786 + 217.048 + 227.631 = C$690 Mil.
Cash Flow from Operations was 128.769 + 255.342 + 200.23 + 211.986 = C$796 Mil.
Revenue was 254.89 + 369.939 + 486.183 + 425.819 = C$1,537 Mil.
Gross Profit was 158.994 + 212.443 + 346.85 + 306.088 = C$1,024 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2025.327 + 1984.997 + 4062.656 + 4250.764 + 4393.519) / 5 = C$3343.4526 Mil.
Total Assets at the begining of this year (Mar25) was C$2,025 Mil.
Long-Term Debt & Capital Lease Obligation was C$0 Mil.
Total Current Assets was C$1,253 Mil.
Total Current Liabilities was C$289 Mil.
Net Income was 85.54 + 49.122 + 130.306 + 48.098 = C$313 Mil.

Revenue was 214.946 + 199.481 + 255.165 + 206.937 = C$877 Mil.
Gross Profit was 125.541 + 108.302 + 161.242 + 121.449 = C$517 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1808.974 + 1892.392 + 1984.84 + 2024.791 + 2025.327) / 5 = C$1947.2648 Mil.
Total Assets at the begining of last year (Mar24) was C$1,809 Mil.
Long-Term Debt & Capital Lease Obligation was C$0 Mil.
Total Current Assets was C$1,421 Mil.
Total Current Liabilities was C$173 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.

DPM Metals's current Net Income (TTM) was 690. ==> 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.

DPM Metals's current Cash Flow from Operations (TTM) was 796. ==> Positive ==> Score 1.

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)
=690.088/2025.327
=0.34072918

ROA (Last Year)=Net Income/Total Assets (Mar24)
=313.066/1808.974
=0.17306274

DPM Metals's return on assets of this year was 0.34072918. DPM Metals's return on assets of last year was 0.17306274. ==> 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.

DPM Metals's current Net Income (TTM) was 690. DPM Metals's current Cash Flow from Operations (TTM) was 796. ==> 796 > 690 ==> 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
=0/3343.4526
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1947.2648
=0

DPM Metals's gearing of this year was 0. DPM Metals'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
=1253.086/288.567
=4.34244387

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1420.894/173.026
=8.21202594

DPM Metals's current ratio of this year was 4.34244387. DPM Metals's current ratio of last year was 8.21202594. ==> 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.

DPM Metals's number of shares in issue this year was 221.216. DPM Metals's number of shares in issue last year was 176.337. ==> 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
=1024.375/1536.831
=0.66655019

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=516.534/876.529
=0.58929482

DPM Metals's gross margin of this year was 0.66655019. DPM Metals's gross margin of last year was 0.58929482. ==> 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)
=1536.831/2025.327
=0.75880636

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=876.529/1808.974
=0.48454483

DPM Metals's asset turnover of this year was 0.75880636. DPM Metals's asset turnover of last year was 0.48454483. ==> 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+1+1+1+1+0+0+1+1
=7

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

DPM Metals has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
DPM Metals (TSX:DPM) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DPM Metals and its competitors. This is near median its historical median of 7.00. Over the past decade, DPM Metals' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, DPM Metals ranks #113 out of 2512 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is DPM Metals' Piotroski F-Score too high?
DPM Metals' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Metals & Mining industry median Piotroski F-Score is 3.00. DPM Metals' value of 7 is 133.3% above this industry median. Based on the distribution chart, DPM Metals ranks #113 out of 2512 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, DPM Metals has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DPM Metals' Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DPM Metals ranks #113 out of 2512 companies for Piotroski F-Score. This places DPM Metals in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. DPM Metals' value of 7 is 133.3% above this benchmark. Historically, DPM Metals' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 3.00, DPM Metals 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 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. DPM Metals's current Piotroski F-Score of 7 is 133.3% 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 DPM Metals and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DPM Metals's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DPM Metals stock overvalued right now?
Based on GuruFocus' analysis, DPM Metals (TSX:DPM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$27.29, compared to a current price of C$44.93 — trading 64.6% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 133.3% above the Metals & Mining industry median of 3.00. DPM Metals' overall GF Score™ is 78/100 with 2 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 DPM Metals (TSX:DPM), the current Piotroski F-Score is 7 as of Jun. 26, 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 DPM Metals (TSX:DPM) Overvalued in 2026?

Based on GuruFocus' analysis, DPM Metals stock appears to be overvalued. The current stock price of C$44.93 is trading 64.6% above its estimated GF Value™ of C$27.29. GuruFocus considers DPM Metals to be Significantly Overvalued.

Key valuation signals for TSX:DPM:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: C$27.29 vs. price of C$44.93 (64.6% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 133.3% above the Metals & Mining median (#113 of 2512)

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


DPM Metals Business Description

Address 150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
DPM Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include are located in Bulgaria, Ecuador, Serbia and Bosnia.
78GF Score

Get the complete analysis for TSX:DPM

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

C$44.93
Price
C$27.29
GF Value