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VCI GlobalVCIG -2.27%39 Piotroski F-Score is 2 as of Aug. 09, 2026, which is 67% below its 10-year median of 6.00. GuruFocus rates VCIG with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 1,058 Business Services companies, VCI Global ranks worse than 93.95% 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
VCI Global 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 VCI Global's Piotroski F-Score or its related term are showing as below:
VCIG'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 8
Current: 2
During the past 6 years, the highest Piotroski F-Score of VCI Global was 8. The lowest was 2. And the median was 6.
VCI Global (NAS:VCIG) 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.
VCI Global Piotroski F-Score Related Terms
VCI Global Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for VCI Global'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.
VCIG vs INTJ, GLVT, FOFO: Piotroski F-Score Comparison
For the Consulting Services subindustry, VCI Global'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.
VCI Global Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, VCI Global's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where VCI Global'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.
VCI Global's current Net Income (TTM) was -30.26.
==> 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.
VCI Global's return on assets of this year was -0.33049367. VCI Global's return on assets of last year was 0.30749404.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
VCI Global's current ratio of this year was 1.54443048. VCI Global's current ratio of last year was 9.3603708.
==> 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.
VCI Global's number of shares in issue this year was 0.065. VCI Global's number of shares in issue last year was 0.
==> 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.
VCI Global's gross margin of this year was 0.74102043. VCI Global's gross margin of last year was 0.8221743.
==> 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
VCI Global's asset turnover of this year was 0.28491699. VCI Global's asset turnover of last year was 1.08661694.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
VCI Global has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
VCI Global (VCIG) has a Piotroski F-Score of 2 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VCI Global and its competitors. This is 67% below median its historical median of 6.00. Over the past decade, VCI Global's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, VCI Global ranks #994 out of 1058 companies in the Business Services industry, placing it in the top 94%.
Is VCI Global's Piotroski F-Score too high?
VCI Global's current Piotroski F-Score of 2 is 67% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. VCI Global's value of 2 is 60% below this industry median. Based on the distribution chart, VCI Global ranks #994 out of 1058 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, VCI Global has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does VCI Global's Piotroski F-Score compare to INTJ and GLVT?
According to the Business Services industry distribution chart, VCI Global ranks #994 out of 1058 companies for Piotroski F-Score. This places VCI Global in the lower half of its industry. The industry median Piotroski F-Score is 5.00. VCI Global's value of 2 is 60% below this benchmark. Historically, VCI Global's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, VCI Global 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,058 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. VCI Global'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 VCI Global and its competitors. For the Business Services 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. VCI Global's current Piotroski F-Score is 2, which is 67% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VCI Global stock overvalued right now?
VCI Global (VCIG) has a current Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 67% below median its 10-year median of 6.00 and 60% below the Business Services industry median of 5.00. VCI Global's overall GF Score™ is 39/100 with 7 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 VCI Global (VCIG), the current Piotroski F-Score is 2 as of Aug. 09, 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.
VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology development, solutions and consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment, which focuses on listing solutions, investor relations, and boardroom strategies consultancy.
39GF Score
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