Verde AgriTech (TSX:NPK) Piotroski F-Score: 2 (As of Jun. 25, 2026) — 50% Below Median


TSX:NPK Verde AgriTech Ltd TSX:NPK
35 GF Score
Price C$0.73
GF Value C$0.41
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Verde AgriTech Piotroski F-Score?

Verde AgriTech TSX:NPK +2.82% 35 Piotroski F-Score is 2 as of Jun. 25, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates TSX:NPK with a GF Score™ of 35/100 and a GF Value™ of C$0.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 252 Agriculture companies, Verde AgriTech ranks worse than 89.68% 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

Verde AgriTech 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 Verde AgriTech's Piotroski F-Score or its related term are showing as below:

TSX:NPK' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 2

During the past 13 years, the highest Piotroski F-Score of Verde AgriTech was 7. The lowest was 2. And the median was 4.

Verde AgriTech  (TSX:NPK) 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.


Verde AgriTech Piotroski F-Score Related Terms


Verde AgriTech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Verde AgriTech'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.

Verde AgriTech Piotroski F-Score Chart

Verde AgriTech 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 4.00 5.00 4.00 2.00 2.00

Verde AgriTech 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 5.00 5.00 5.00 2.00 2.00

TSX:NPK vs CTVA, CF, MOS: Piotroski F-Score Comparison

For the Agricultural Inputs subindustry, Verde AgriTech'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.


Verde AgriTech Piotroski F-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Verde AgriTech's Piotroski F-Score distribution charts can be found below:

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


TSX:NPK
35GF Score
Verde AgriTech Ltd TSX:NPK
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 -2.426 + -2.086 + -3.377 + -3.729 = C$-11.62 Mil.
Cash Flow from Operations was 0.203 + 1.536 + -0.88 + -0.527 = C$0.33 Mil.
Revenue was 4.8 + 5.873 + 3.08 + 1.677 = C$15.43 Mil.
Gross Profit was 2.751 + 3.669 + 1.122 + 0.252 = C$7.79 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(75.384 + 74.62 + 77.374 + 70.482 + 77.162) / 5 = C$75.0044 Mil.
Total Assets at the begining of this year (Mar25) was C$75.38 Mil.
Long-Term Debt & Capital Lease Obligation was C$46.04 Mil.
Total Current Assets was C$13.12 Mil.
Total Current Liabilities was C$8.85 Mil.
Net Income was -2.639 + -2.336 + -2.831 + -3.781 = C$-11.59 Mil.

Revenue was 6.48 + 7.161 + 2.888 + 2.852 = C$19.38 Mil.
Gross Profit was 3.924 + 4.596 + 1.187 + 1.36 = C$11.07 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(91.612 + 81.465 + 80.16 + 72.017 + 75.384) / 5 = C$80.1276 Mil.
Total Assets at the begining of last year (Mar24) was C$91.61 Mil.
Long-Term Debt & Capital Lease Obligation was C$43.84 Mil.
Total Current Assets was C$12.02 Mil.
Total Current Liabilities was C$2.91 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.

Verde AgriTech's current Net Income (TTM) was -11.62. ==> 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.

Verde AgriTech's current Cash Flow from Operations (TTM) was 0.33. ==> 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)
=-11.618/75.384
=-0.15411758

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-11.587/91.612
=-0.12647906

Verde AgriTech's return on assets of this year was -0.15411758. Verde AgriTech's return on assets of last year was -0.12647906. ==> 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.

Verde AgriTech's current Net Income (TTM) was -11.62. Verde AgriTech's current Cash Flow from Operations (TTM) was 0.33. ==> 0.33 > -11.62 ==> 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
=46.037/75.0044
=0.61379066

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=43.839/80.1276
=0.54711485

Verde AgriTech's gearing of this year was 0.61379066. Verde AgriTech's gearing of last year was 0.54711485. ==> 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
=13.122/8.85
=1.48271186

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=12.017/2.905
=4.13666093

Verde AgriTech's current ratio of this year was 1.48271186. Verde AgriTech's current ratio of last year was 4.13666093. ==> 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.

Verde AgriTech's number of shares in issue this year was 56.444. Verde AgriTech's number of shares in issue last year was 52.67. ==> 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
=7.794/15.43
=0.5051199

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11.067/19.381
=0.57102317

Verde AgriTech's gross margin of this year was 0.5051199. Verde AgriTech's gross margin of last year was 0.57102317. ==> 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 (Mar25)
=15.43/75.384
=0.20468534

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=19.381/91.612
=0.21155525

Verde AgriTech's asset turnover of this year was 0.20468534. Verde AgriTech's asset turnover of last year was 0.21155525. ==> 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+1+0+1+0+0+0+0+0
=2

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

Verde AgriTech 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?
Verde AgriTech (TSX:NPK) has a Piotroski F-Score of 2 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Verde AgriTech and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Verde AgriTech's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Verde AgriTech ranks #226 out of 252 companies in the Agriculture industry, placing it in the top 89.7%.
Is Verde AgriTech's Piotroski F-Score too high?
Verde AgriTech'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 2.00 to a high of 7.00. The Agriculture industry median Piotroski F-Score is 5.00. Verde AgriTech's value of 2 is 60% below this industry median. Based on the distribution chart, Verde AgriTech ranks #226 out of 252 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Verde AgriTech has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Verde AgriTech's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Verde AgriTech ranks #226 out of 252 companies for Piotroski F-Score. This places Verde AgriTech in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Verde AgriTech's value of 2 is 60% below this benchmark. Historically, Verde AgriTech's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Verde AgriTech 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 Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 252 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. Verde AgriTech's current Piotroski F-Score of 2 is 60% 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 Verde AgriTech and its competitors. For the Agriculture 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. Verde AgriTech'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 Verde AgriTech stock overvalued right now?
Based on GuruFocus' analysis, Verde AgriTech (TSX:NPK) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.41, compared to a current price of C$0.73 — trading 78% 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 60% below the Agriculture industry median of 5.00. Verde AgriTech's overall GF Score™ is 35/100 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 Verde AgriTech (TSX:NPK), the current Piotroski F-Score is 2 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 Verde AgriTech (TSX:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, Verde AgriTech stock appears to be overvalued. The current stock price of C$0.73 is trading 78% above its estimated GF Value™ of C$0.41. GuruFocus considers Verde AgriTech to be Significantly Overvalued.

Key valuation signals for TSX:NPK:

  • Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
  • GF Value™: C$0.41 vs. price of C$0.73 (78% above fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 60% below the Agriculture median (#226 of 252)

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


Verde AgriTech Business Description

Other Exchanges VNPKF:USAT48:Germany
Address 16 Collyer Quay, No. 17 - 00, Collyer Quay Centre, Singapore, SGP, 049318
Verde AgriTech Ltd promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project, from which the company produces solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. The multi-nutrient potassium fertilizer marketed in Brazil under the brand K Forte, BAKS, and internationally as Super Greensand is one of Verde's sustainable products from which the nature-driven technology company helps to improve the soil microbiome. The group has one segment which is the mining of mineral deposits and sale of multi-nutrient potassium specialty fertilizer marketed in Brazil with support provided from the Singapore and the UK. The company generates all its revenue from Brazil.
35GF Score

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

C$0.73
Price
C$0.41
GF Value