Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aventus CapitalTSXV:AVTS +7.84%49 Piotroski F-Score is 3 as of Sep. 22, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates TSXV:AVTS with a GF Score™ of 49/100 and a GF Value™ of C$94.48 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,581 Asset Management companies, Aventus Capital ranks worse than 77.17% on this metric.
Warning Sign:
Piotroski F-Score of 3 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
Aventus Capital has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Aventus Capital's Piotroski F-Score or its related term are showing as below:
TSXV:AVTS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 3
During the past 13 years, the highest Piotroski F-Score of Aventus Capital was 7. The lowest was 2. And the median was 5.
Aventus Capital (TSXV:AVTS) 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.
Aventus Capital Piotroski F-Score Related Terms
Aventus Capital Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aventus Capital'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.
TSXV:AVTS vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Aventus Capital'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.
Aventus Capital Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aventus Capital's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aventus Capital'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was -16.035256534358 + -26.074488846293 + -45.745087974867 + -112.78992503938 = C$-200.6 Mil. Cash Flow from Operations was 0.41638088301547 + 47.236609462907 + 54.060381486027 + 372.45437289591 = C$474.2 Mil. Revenue was 24.606489501539 + 34.341635604029 + 22.022770920762 + 19.788386195585 = C$100.8 Mil. Gross Profit was 22.21717568437 + 31.508300773245 + 19.158644749317 + 16.724744202383 = C$89.6 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(1159.9109635 + 1125.7316496 + 1124.541368 + 1194.28517455 + 1636.26281875) / 5 = C$1248.14639488 Mil. Total Assets at the begining of this year (Jun25) was C$1,159.9 Mil. Long-Term Debt & Capital Lease Obligation was C$10.6 Mil. Total Current Assets was C$579.2 Mil. Total Current Liabilities was C$152.0 Mil.
Net Income was 0.74063719091057 + -21.491296849303 + -9.5373266158851 + -0.32264800461537 = C$-30.6 Mil.
Revenue was 8.9913082181998 + 6.4594156784834 + 5.4466213079434 + 46.635791843075 = C$67.5 Mil. Gross Profit was + + + 44.981009158459 = C$45.0 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(754.7791233 + 730.98688645 + 752.4892512 + 737.7912135 + 1159.9109635) / 5 = C$827.19148759 Mil. Total Assets at the begining of last year (Jun24) was C$754.8 Mil. Long-Term Debt & Capital Lease Obligation was C$5.0 Mil. Total Current Assets was C$755.1 Mil. Total Current Liabilities was C$194.3 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.
Aventus Capital's current Net Income (TTM) was -200.6.
==> 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.
Aventus Capital's return on assets of this year was -0.1729829. Aventus Capital's return on assets of last year was -0.04055575.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aventus Capital's gearing of this year was 0.00845467. Aventus Capital's gearing of last year was 0.00603738.
==> 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
Aventus Capital's current ratio of this year was 3.81013178. Aventus Capital's current ratio of last year was 3.88662111.
==> 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.
Aventus Capital's number of shares in issue this year was 0. Aventus Capital's number of shares in issue last year was 0.
==> 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.
Aventus Capital's gross margin of this year was 0.88933608. Aventus Capital's gross margin of last year was 0.66605834.
==> 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
Aventus Capital's asset turnover of this year was 0.08686812. Aventus Capital's asset turnover of last year was 0.08947404.
==> 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
+
1
+
1
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aventus Capital has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Aventus Capital (TSXV:AVTS) has a Piotroski F-Score of 3 as of Sep. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aventus Capital and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Aventus Capital's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Aventus Capital ranks #1220 out of 1581 companies in the Asset Management industry, placing it in the top 77.2%.
Is Aventus Capital's Piotroski F-Score too high?
Aventus Capital's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Aventus Capital's value of 3 is 40% below this industry median. Based on the distribution chart, Aventus Capital ranks #1220 out of 1581 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Aventus Capital has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aventus Capital's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Aventus Capital ranks #1220 out of 1581 companies for Piotroski F-Score. This places Aventus Capital in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Aventus Capital's value of 3 is 40% below this benchmark. Historically, Aventus Capital'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 5.00 vs. the industry median of 5.00, Aventus Capital 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,581 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. Aventus Capital's current Piotroski F-Score of 3 is 40% 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 Aventus Capital 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. Aventus Capital's current Piotroski F-Score is 3, which is 40% below 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 Aventus Capital stock overvalued right now?
Based on GuruFocus' analysis, Aventus Capital (TSXV:AVTS) is currently considered Possible Value Trap. The stock's GF Value™ is C$94.48, compared to a current price of C$22.92 — trading 75.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Asset Management industry median of 5.00. Aventus Capital's overall GF Score™ is 49/100 with 1 warning sign 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 Aventus Capital (TSXV:AVTS), the current Piotroski F-Score is 3 as of Sep. 22, 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 Aventus Capital (TSXV:AVTS) Overvalued in 2026?
Based on GuruFocus' analysis, Aventus Capital stock appears to be undervalued.
The current stock price of C$22.92 is trading 75.7% below its estimated GF Value™ of C$94.48.
GuruFocus considers Aventus Capital to be Possible Value Trap.
Key valuation signals for TSXV:AVTS:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: C$94.48 vs. price of C$22.92 (75.7% below fair value)
Industry Position: 40% below the Asset Management median (#1220 of 1581)
No single metric tells the full story. See the TSXV:AVTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Ceres Life and Arena.
49GF Score
Get the complete analysis for TSXV:AVTS
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:AVTS has been successfully added to your 
