CanadaBis Capital (TSXV:CANB) Piotroski F-Score: 1 (As of Jun. 28, 2026) — 75% Below Median


What is CanadaBis Capital Piotroski F-Score?

CanadaBis Capital TSXV:CANB Piotroski F-Score is 1 as of Jun. 28, 2026, which is 75% below its 10-year median of 4.00. The stock has 6 warning signs investors should review. Among 981 Drug Manufacturers companies, CanadaBis Capital ranks worse than 98.37% on this metric.

Warning Sign:

Piotroski F-Score of 1 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

CanadaBis Capital has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

TSXV:CANB' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 1

During the past 10 years, the highest Piotroski F-Score of CanadaBis Capital was 8. The lowest was 1. And the median was 4.

CanadaBis Capital  (TSXV:CANB) 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.


CanadaBis Capital Piotroski F-Score Related Terms


CanadaBis Capital Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CanadaBis 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.

CanadaBis Capital Piotroski F-Score Chart

CanadaBis Capital Annual Data
Trend Nov16 Dec17 Dec18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 7.00 1.00 2.00

CanadaBis Capital Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 2.00 3.00 2.00 2.00 1.00

TSXV:CANB vs ZTS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, CanadaBis 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.


CanadaBis Capital Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CanadaBis Capital's Piotroski F-Score distribution charts can be found below:

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


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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was 0.097 + -0.022 + -1.232 + -0.129 = C$-1.29 Mil.
Cash Flow from Operations was 0.81 + -3.681 + 0.351 + 0.438 = C$-2.08 Mil.
Revenue was 4.906 + 3.237 + 3.672 + 3.261 = C$15.08 Mil.
Gross Profit was 2.161 + 1.594 + 1.428 + 1.545 = C$6.73 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was
(26.297 + 25.552 + 24.979 + 24.542 + 24.432) / 5 = C$25.1604 Mil.
Total Assets at the begining of this year (Oct24) was C$26.30 Mil.
Long-Term Debt & Capital Lease Obligation was C$5.52 Mil.
Total Current Assets was C$14.80 Mil.
Total Current Liabilities was C$11.12 Mil.
Net Income was 0.11 + 0.11 + -1.011 + 0.322 = C$-0.47 Mil.

Revenue was 4.309 + 3.97 + 3.933 + 5.087 = C$17.30 Mil.
Gross Profit was 2.059 + 2.168 + 1.966 + 2.201 = C$8.39 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was
(24.026 + 23.494 + 23.466 + 24.545 + 26.297) / 5 = C$24.3656 Mil.
Total Assets at the begining of last year (Oct23) was C$24.03 Mil.
Long-Term Debt & Capital Lease Obligation was C$4.22 Mil.
Total Current Assets was C$15.59 Mil.
Total Current Liabilities was C$13.65 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.

CanadaBis Capital's current Net Income (TTM) was -1.29. ==> 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.

CanadaBis Capital's current Cash Flow from Operations (TTM) was -2.08. ==> Negative ==> Score 0.

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 (Oct24)
=-1.286/26.297
=-0.04890292

ROA (Last Year)=Net Income/Total Assets (Oct23)
=-0.469/24.026
=-0.01952052

CanadaBis Capital's return on assets of this year was -0.04890292. CanadaBis Capital's return on assets of last year was -0.01952052. ==> 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.

CanadaBis Capital's current Net Income (TTM) was -1.29. CanadaBis Capital's current Cash Flow from Operations (TTM) was -2.08. ==> -2.08 <= -1.29 ==> CFROA <= ROA ==> Score 0.

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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=5.519/25.1604
=0.21935263

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=4.22/24.3656
=0.173195

CanadaBis Capital's gearing of this year was 0.21935263. CanadaBis Capital's gearing of last year was 0.173195. ==> 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: Oct25)=Total Current Assets/Total Current Liabilities
=14.804/11.117
=1.33165422

Current Ratio (Last Year: Oct24)=Total Current Assets/Total Current Liabilities
=15.588/13.654
=1.14164347

CanadaBis Capital's current ratio of this year was 1.33165422. CanadaBis Capital's current ratio of last year was 1.14164347. ==> This year's current ratio is higher. ==> Score 1.

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.

CanadaBis Capital's number of shares in issue this year was 138.256. CanadaBis Capital's number of shares in issue last year was 138.236. ==> 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
=6.728/15.076
=0.44627222

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8.394/17.299
=0.48523036

CanadaBis Capital's gross margin of this year was 0.44627222. CanadaBis Capital's gross margin of last year was 0.48523036. ==> 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 (Oct24)
=15.076/26.297
=0.57329733

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=17.299/24.026
=0.72001165

CanadaBis Capital's asset turnover of this year was 0.57329733. CanadaBis Capital's asset turnover of last year was 0.72001165. ==> 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+0+0+0+0+1+0+0+0
=1

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

CanadaBis Capital has an F-score of 1. 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 1 mean?
CanadaBis Capital (TSXV:CANB) has a Piotroski F-Score of 1 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CanadaBis Capital and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, CanadaBis Capital's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, CanadaBis Capital ranks #965 out of 981 companies in the Drug Manufacturers industry, placing it in the top 98.4%.
Is CanadaBis Capital's Piotroski F-Score too high?
CanadaBis Capital's current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. CanadaBis Capital's value of 1 is 80% below this industry median. Based on the distribution chart, CanadaBis Capital ranks #965 out of 981 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does CanadaBis Capital's Piotroski F-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, CanadaBis Capital ranks #965 out of 981 companies for Piotroski F-Score. This places CanadaBis Capital in the lower half of its industry. The industry median Piotroski F-Score is 5.00. CanadaBis Capital's value of 1 is 80% below this benchmark. Historically, CanadaBis Capital's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, CanadaBis 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 a Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 981 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. CanadaBis Capital's current Piotroski F-Score of 1 is 80% 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 CanadaBis Capital and its competitors. For the Drug Manufacturers 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. CanadaBis Capital's current Piotroski F-Score is 1, which is 75% 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 CanadaBis Capital stock overvalued right now?
CanadaBis Capital (TSXV:CANB) has a current Piotroski F-Score of 1. The stock's GF Value™ is C$0.07, compared to a current price of C$0.02 — trading 78.6% below its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Drug Manufacturers industry median of 5.00. 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 CanadaBis Capital (TSXV:CANB), the current Piotroski F-Score is 1 as of Jun. 28, 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.

CanadaBis Capital Business Description

Other Exchanges CNADF:USA
Address 255C Clearview Drive, Red Deer County, Red Deer, AB, CAN, T4E 3B6
CanadaBis Capital Inc is a vertically integrated cannabis company. The firm engages in the production and sale of recreational cannabis. Its product line consists of Stigma Roots. It operates in three segments: wholesale, retail, and extract. The wholesale segment cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. Retail segment involves sale of cannabis and cannabis-related products to end consumers on-premises owned and operated by the Company. Extract segment provides cannabinoid extraction services to other licensed producers. The company generates maximum of its revenue from Extract Segment.