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Nexera EnergyTSXV:NGY Piotroski F-Score is 5 as of Jul. 21, 2026, which is at its 10-year median of 5.00. The stock has 5 warning signs investors should review.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nexera Energy has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Nexera Energy's Piotroski F-Score or its related term are showing as below:
TSXV:NGY'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Nexera Energy was 6. The lowest was 3. And the median was 5.
Nexera Energy (TSXV:NGY) 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.
Nexera Energy Piotroski F-Score Related Terms
Nexera Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nexera Energy'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:NGY vs GRVE, BRLL, PTCO: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, Nexera Energy'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.
Nexera Energy Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nexera Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nexera Energy'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.
Nexera Energy's current Net Income (TTM) was -1.98.
==> 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.
Nexera Energy's return on assets of this year was -0.53837779. Nexera Energy's return on assets of last year was -0.57518571.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nexera Energy's gearing of this year was 0.14497262. Nexera Energy's gearing of last year was 0.10237444.
==> 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
Nexera Energy's current ratio of this year was 0.04057674. Nexera Energy's current ratio of last year was 0.0360515.
==> 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.
Nexera Energy's number of shares in issue this year was 106.541. Nexera Energy's number of shares in issue last year was 74.884.
==> 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.
Nexera Energy's gross margin of this year was 0.45192308. Nexera Energy's gross margin of last year was 0.29794521.
==> 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
Nexera Energy's asset turnover of this year was 0.28307022. Nexera Energy's asset turnover of last year was 0.29311383.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Nexera Energy has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Nexera Energy (TSXV:NGY) has a Piotroski F-Score of 5 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nexera Energy and its competitors. This is near median its historical median of 5.00. Over the past decade, Nexera Energy's Piotroski F-Score has ranged from 3.00 to 6.00.
Is Nexera Energy's Piotroski F-Score too high?
Nexera Energy's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Nexera Energy's value of 5 is 0% at this industry median.
How does Nexera Energy's Piotroski F-Score compare to GRVE and BRLL?
Nexera Energy's Piotroski F-Score of 5 can be compared against companies in the Oil & Gas industry. The industry median Piotroski F-Score is 5.00. Nexera Energy's value of 5 is 0% at this benchmark. Historically, Nexera Energy's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Nexera Energy has consistently been at 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 973 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. Nexera Energy's current Piotroski F-Score of 5 is 0% at 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 Nexera Energy and its competitors. For the Oil & Gas 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. Nexera Energy's current Piotroski F-Score is 5, which is near 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 Nexera Energy stock overvalued right now?
Nexera Energy (TSXV:NGY) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Oil & Gas 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 Nexera Energy (TSXV:NGY), the current Piotroski F-Score is 5 as of Jul. 21, 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.
Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.
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