VSME (VS Media Holdings) Piotroski F-Score: 5 (As of Jul. 26, 2026) — 25% Above Median

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VSME VS Media Holdings Ltd VSME
13 GF Score
Price $1.16
! 5 Warning Signs
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What is VS Media Holdings Piotroski F-Score?

VS Media Holdings VSME -6.45% 13 Piotroski F-Score is 5 as of Jul. 26, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates VSME with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 1,006 Media - Diversified companies, VS Media Holdings ranks better than 59.84% on this metric.

The zones of discrimination were as such:

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

VS Media Holdings 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 VS Media Holdings's Piotroski F-Score or its related term are showing as below:

VSME' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 5

During the past 6 years, the highest Piotroski F-Score of VS Media Holdings was 6. The lowest was 3. And the median was 4.

VS Media Holdings  (NAS:VSME) 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.


VS Media Holdings Piotroski F-Score Related Terms


VS Media Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for VS Media Holdings'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.

VS Media Holdings Piotroski F-Score Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 3.00 3.00 5.00

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.00 0.00 3.00 0.00 5.00

VSME vs CNET, CHR, TDIC: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, VS Media Holdings'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.


VS Media Holdings Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VS Media Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where VS Media Holdings's Piotroski F-Score falls into.


VSME
13GF Score
VS Media Holdings Ltd VSME
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 $-8.61 Mil.
Cash Flow from Operations was $-3.51 Mil.
Revenue was $7.52 Mil.
Gross Profit was $1.78 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (7.183 + 9.333) / 2 = $8.258 Mil.
Total Assets at the begining of this year (Dec24) was $7.18 Mil.
Long-Term Debt & Capital Lease Obligation was $0.16 Mil.
Total Current Assets was $7.39 Mil.
Total Current Liabilities was $5.04 Mil.
Net Income was $-7.29 Mil.

Revenue was $8.25 Mil.
Gross Profit was $1.69 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (10.083 + 7.183) / 2 = $8.633 Mil.
Total Assets at the begining of last year (Dec23) was $10.08 Mil.
Long-Term Debt & Capital Lease Obligation was $0.21 Mil.
Total Current Assets was $4.77 Mil.
Total Current Liabilities was $5.70 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.

VS Media Holdings's current Net Income (TTM) was -8.61. ==> 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.

VS Media Holdings's current Cash Flow from Operations (TTM) was -3.51. ==> 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)
=-8.612/7.183
=-1.19894195

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-7.293/10.083
=-0.72329664

VS Media Holdings's return on assets of this year was -1.19894195. VS Media Holdings's return on assets of last year was -0.72329664. ==> 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.

VS Media Holdings's current Net Income (TTM) was -8.61. VS Media Holdings's current Cash Flow from Operations (TTM) was -3.51. ==> -3.51 > -8.61 ==> CFROA > ROA ==> Score 1.

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
=0.156/8.258
=0.01889077

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0.205/8.633
=0.02374609

VS Media Holdings's gearing of this year was 0.01889077. VS Media Holdings's gearing of last year was 0.02374609. ==> This year is lower or equal to last year. ==> Score 1.

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
=7.388/5.04
=1.46587302

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=4.765/5.698
=0.83625834

VS Media Holdings's current ratio of this year was 1.46587302. VS Media Holdings's current ratio of last year was 0.83625834. ==> 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.

VS Media Holdings's number of shares in issue this year was 1.656. VS Media Holdings's number of shares in issue last year was 0.158. ==> 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
=1.783/7.521
=0.23706954

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.693/8.248
=0.20526188

VS Media Holdings's gross margin of this year was 0.23706954. VS Media Holdings's gross margin of last year was 0.20526188. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=7.521/7.183
=1.04705555

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=8.248/10.083
=0.81801051

VS Media Holdings's asset turnover of this year was 1.04705555. VS Media Holdings's asset turnover of last year was 0.81801051. ==> 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+1+1+1+0+1+1
=5

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

VS Media Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
VS Media Holdings (VSME) has a Piotroski F-Score of 5 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VS Media Holdings and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, VS Media Holdings' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, VS Media Holdings ranks #404 out of 1006 companies in the Media - Diversified industry, placing it in the top 40.2%.
Is VS Media Holdings' Piotroski F-Score too high?
VS Media Holdings' current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Media - Diversified industry median Piotroski F-Score is 5.00. VS Media Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, VS Media Holdings ranks #404 out of 1006 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, VS Media Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does VS Media Holdings' Piotroski F-Score compare to CNET and CHR?
According to the Media - Diversified industry distribution chart, VS Media Holdings ranks #404 out of 1006 companies for Piotroski F-Score. This puts VS Media Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. VS Media Holdings' value of 5 is 0% at this benchmark. Historically, VS Media Holdings' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, VS Media Holdings 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 a Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,006 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. VS Media Holdings'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 VS Media Holdings and its competitors. For the Media - Diversified 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. VS Media Holdings's current Piotroski F-Score is 5, which is 25% above 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 VS Media Holdings stock overvalued right now?
VS Media Holdings (VSME) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Media - Diversified industry median of 5.00. VS Media Holdings' overall GF Score™ is 13/100 with 5 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 VS Media Holdings (VSME), the current Piotroski F-Score is 5 as of Jul. 26, 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.

VS Media Holdings Business Description

Address 3 International Business Park No. 03-29, Nordic European Centre, Singapore, SGP, 609927
VS Media Holdings Ltd manages a network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fan bases on social media platforms. The company's business provides value to two business stakeholders: marketing services and social commerce. The firm generates almost all of its revenue from marketing services, which reflects the company's business of marketing services to clients and social media platforms. The social commerce segment reflects the company's business of social commerce with customers. Geographically, the firm generates revenue from the HK SAR and Taiwan.
13GF Score

Get the complete analysis for VSME

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

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