Parvis Invest (TSXV:PVIS) Piotroski F-Score: 2 (As of Aug. 04, 2026) — 50% Below Median

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TSXV:PVIS Parvis Invest Inc TSXV:PVIS
16 GF Score
Price C$0.37
! 6 Warning Signs
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What is Parvis Invest Piotroski F-Score?

Parvis Invest TSXV:PVIS -5.13% 16 Piotroski F-Score is 2 as of Aug. 04, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates TSXV:PVIS with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,595 Asset Management companies, Parvis Invest ranks worse than 90.85% 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

Parvis Invest 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 Parvis Invest's Piotroski F-Score or its related term are showing as below:

TSXV:PVIS' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 5
Current: 2

During the past 4 years, the highest Piotroski F-Score of Parvis Invest was 5. The lowest was 2. And the median was 4.

Parvis Invest  (TSXV:PVIS) 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.


Parvis Invest Piotroski F-Score Related Terms


Parvis Invest Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Parvis Invest'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.

Parvis Invest Piotroski F-Score Chart

Parvis Invest Annual Data
Trend Oct21 Oct22 Mar24 Mar25
Piotroski F-Score
N/A N/A N/A 5.00

Parvis Invest Quarterly Data
Oct21 Jan22 Oct22 Jan23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.00 5.00 3.00 4.00 2.00

TSXV:PVIS vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, Parvis Invest'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.


Parvis Invest Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Parvis Invest's Piotroski F-Score distribution charts can be found below:

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


TSXV:PVIS
16GF Score
Parvis Invest Inc TSXV:PVIS
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was -0.404 + -0.148 + 0.13 + -0.234 = C$-0.66 Mil.
Cash Flow from Operations was -0.338 + -0.203 + -0.116 + -0.089 = C$-0.75 Mil.
Revenue was 0.348 + 0.494 + 0.716 + 0.638 = C$2.20 Mil.
Gross Profit was 0.348 + 0.494 + 0.716 + 0.638 = C$2.20 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(0.998 + 0.987 + 0.904 + 1.062 + 0.837) / 5 = C$0.9576 Mil.
Total Assets at the begining of this year (Dec24) was C$1.00 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.25 Mil.
Total Current Assets was C$0.83 Mil.
Total Current Liabilities was C$0.52 Mil.
Net Income was -0.188 + -0.311 + -0.367 + -0.496 = C$-1.36 Mil.

Revenue was 0.048 + 0.15 + 0.247 + 0.21 = C$0.66 Mil.
Gross Profit was 0.048 + 0.15 + 0.247 + 0.21 = C$0.66 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was
(2.203 + 1.868 + 1.681 + 1.608 + 0.998) / 5 = C$1.6716 Mil.
Total Assets at the begining of last year (Dec23) was C$2.20 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.
Total Current Assets was C$0.99 Mil.
Total Current Liabilities was C$0.49 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.

Parvis Invest's current Net Income (TTM) was -0.66. ==> 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.

Parvis Invest's current Cash Flow from Operations (TTM) was -0.75. ==> 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 (Dec24)
=-0.656/0.998
=-0.65731463

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-1.362/2.203
=-0.61824784

Parvis Invest's return on assets of this year was -0.65731463. Parvis Invest's return on assets of last year was -0.61824784. ==> 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.

Parvis Invest's current Net Income (TTM) was -0.66. Parvis Invest's current Cash Flow from Operations (TTM) was -0.75. ==> -0.75 <= -0.66 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0.254/0.9576
=0.26524645

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/1.6716
=0

Parvis Invest's gearing of this year was 0.26524645. Parvis Invest's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=0.83/0.519
=1.59922929

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=0.993/0.49
=2.02653061

Parvis Invest's current ratio of this year was 1.59922929. Parvis Invest's current ratio of last year was 2.02653061. ==> 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.

Parvis Invest's number of shares in issue this year was 26.772. Parvis Invest's number of shares in issue last year was 26.772. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2.196/2.196
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.655/0.655
=1

Parvis Invest's gross margin of this year was 1. Parvis Invest's gross margin of last year was 1. ==> 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 (Dec24)
=2.196/0.998
=2.2004008

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0.655/2.203
=0.29732183

Parvis Invest's asset turnover of this year was 2.2004008. Parvis Invest's asset turnover of last year was 0.29732183. ==> This year's asset turnover is higher. ==> Score 1.

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+0+1+0+1
=2

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

Parvis Invest 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?
Parvis Invest (TSXV:PVIS) has a Piotroski F-Score of 2 as of Aug. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Parvis Invest and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, Parvis Invest's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Parvis Invest ranks #1449 out of 1595 companies in the Asset Management industry, placing it in the top 90.8%.
Is Parvis Invest's Piotroski F-Score too high?
Parvis Invest'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 5.00. The Asset Management industry median Piotroski F-Score is 5.00. Parvis Invest's value of 2 is 60% below this industry median. Based on the distribution chart, Parvis Invest ranks #1449 out of 1595 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Parvis Invest has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Parvis Invest's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Parvis Invest ranks #1449 out of 1595 companies for Piotroski F-Score. This places Parvis Invest in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Parvis Invest's value of 2 is 60% below this benchmark. Historically, Parvis Invest's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Parvis Invest 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 1,595 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. Parvis Invest'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 Parvis Invest 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. Parvis Invest'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 Parvis Invest stock overvalued right now?
Parvis Invest (TSXV:PVIS) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Asset Management industry median of 5.00. Parvis Invest's overall GF Score™ is 16/100 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 Parvis Invest (TSXV:PVIS), the current Piotroski F-Score is 2 as of Aug. 04, 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.

Parvis Invest Business Description

Address 410 West Georgia Street, 3rd Floor, Vancouver, BC, CAN, V6B 1Z3
Parvis Invest Inc is a technology-driven real estate investing platform. It provides its clients access to an online real estate investing platform that enables its users to invest in real estate projects and other investment products. Its investments are Direct Deals, Funds, ALTS, Impact Projects, and Secondary Market.
16GF Score

Get the complete analysis for TSXV:PVIS

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

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