Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Guardian Capital Group 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 Guardian Capital Group's Piotroski F-Score or its related term are showing as below:
TSX:GCG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Guardian Capital Group was 8. The lowest was 3. And the median was 6.
Guardian Capital Group (TSX:GCG) 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.
Guardian Capital Group Piotroski F-Score Related Terms
Guardian Capital Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Guardian Capital Group'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:GCG vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Guardian Capital Group'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.
Guardian Capital Group Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Guardian Capital Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Guardian Capital Group'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.
Guardian Capital Group's current Net Income (TTM) was 181.2.
==> 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.
Guardian Capital Group's current Cash Flow from Operations (TTM) was 81.8.
==> 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.
Guardian Capital Group's return on assets of this year was 0.09863591. Guardian Capital Group's return on assets of last year was 0.05846759.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Guardian Capital Group's gearing of this year was 0.01405891. Guardian Capital Group's gearing of last year was 0.01822742.
==> 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
Guardian Capital Group's current ratio of this year was 0.79453783. Guardian Capital Group's current ratio of last year was 0.80039098.
==> 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.
Guardian Capital Group's number of shares in issue this year was 24.428. Guardian Capital Group's number of shares in issue last year was 24.744.
==> 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.
Guardian Capital Group's gross margin of this year was 0.39696218. Guardian Capital Group's gross margin of last year was 0.49693389.
==> 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
Guardian Capital Group's asset turnover of this year was 0.20678138. Guardian Capital Group's asset turnover of last year was 0.17777603.
==> 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
Guardian Capital Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Guardian Capital Group (TSX:GCG) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Guardian Capital Group and its competitors. This is near median its historical median of 6.00. Over the past decade, Guardian Capital Group's Piotroski F-Score has ranged from 3.00 to 8.00.
Is Guardian Capital Group's Piotroski F-Score too high?
Guardian Capital Group's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Asset Management industry median Piotroski F-Score is 5.00. Guardian Capital Group's value of 6 is 20% above this industry median. Overall, Guardian Capital Group has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Guardian Capital Group's Piotroski F-Score compare to BLK and BX?
Guardian Capital Group's Piotroski F-Score of 6 can be compared against companies in the Asset Management industry. The industry median Piotroski F-Score is 5.00. Guardian Capital Group's value of 6 is 20% above this benchmark. Historically, Guardian Capital Group'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 6.00 vs. the industry median of 5.00, Guardian Capital Group 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,601 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. Guardian Capital Group'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 Guardian Capital Group and its competitors. For the Asset Management 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. Guardian Capital Group's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guardian Capital Group stock overvalued right now?
Guardian Capital Group (TSX:GCG) has a current Piotroski F-Score of 6. The stock's GF Value™ is C$66.45, compared to a current price of C$67.97 — trading 2.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Asset Management industry median of 5.00. Guardian Capital Group's overall GF Score™ is 59/100 with 6 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 Guardian Capital Group (TSX:GCG), the current Piotroski F-Score is 6 as of Jun. 25, 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 Guardian Capital Group (TSX:GCG) Overvalued in 2026?
Based on GuruFocus' analysis, Guardian Capital Group stock appears to be overvalued.
The current stock price of C$67.97 is trading 2.3% above its estimated GF Value™ of C$66.45.
Key valuation signals for TSX:GCG:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: C$66.45 vs. price of C$67.97 (2.3% above fair value)
Industry Position: 20% above the Asset Management median
No single metric tells the full story. See the TSX:GCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guardian Capital Group Ltd is a diversified financial services company. It operates in three reportable segment Investment Management and Corporate Activities and Investments. Investment Management primarily involves earning management fees relating to investment management services provided to clients; and Corporate Activities and Investments relates to the investment of the Company's securities holdings, as well as corporate management and development activities. It derives maximum revenue from Investment Management segment. Geographically, the company operates in Canada, United Kingdom, United States and others, of which it derives maximum revenue from Canada.
59GF Score
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