VVCVF (VVC Exploration) Piotroski F-Score: 4 (As of Jun. 24, 2026) — 33% Above Median


What is VVC Exploration Piotroski F-Score?

VVC Exploration VVCVF Piotroski F-Score is 4 as of Jun. 24, 2026, which is 33% above its 10-year median of 3.00. The stock has 3 warning signs investors should review. Among 974 Oil & Gas companies, VVC Exploration ranks worse than 58.93% 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

VVC Exploration has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

VVCVF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 4

During the past 13 years, the highest Piotroski F-Score of VVC Exploration was 5. The lowest was 2. And the median was 3.

VVC Exploration  (OTCPK:VVCVF) 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.


VVC Exploration Piotroski F-Score Related Terms


VVC Exploration Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for VVC Exploration'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.

VVC Exploration Piotroski F-Score Chart

VVC Exploration Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 4.00 5.00 4.00

VVC Exploration 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 5.00 4.00 4.00 5.00 4.00

VVCVF vs COP, EOG, OXY: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, VVC Exploration'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.


VVC Exploration Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where VVC Exploration'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 0.247 + -0.775 + -0.505 + -0.377 = $-1.41 Mil.
Cash Flow from Operations was -0.572 + -0.296 + -0.255 + -0.292 = $-1.42 Mil.
Revenue was 0.015 + 0.028 + 0.026 + 0.025 = $0.09 Mil.
Gross Profit was -0.733 + -0.391 + -0.183 + -0.092 = $-1.40 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was
(38.025 + 25.494 + 26.073 + 26.466 + 25.945) / 5 = $28.4006 Mil.
Total Assets at the begining of this year (Oct24) was $38.03 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.07 Mil.
Total Current Liabilities was $7.98 Mil.
Net Income was 0.208 + -0.689 + -1.564 + -0.923 = $-2.97 Mil.

Revenue was 0.021 + 0.003 + 0.034 + 0.043 = $0.10 Mil.
Gross Profit was -0.877 + -0.265 + -1.171 + -0.592 = $-2.91 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was
(33.627 + 13.856 + 13.205 + 11.607 + 38.025) / 5 = $22.064 Mil.
Total Assets at the begining of last year (Oct23) was $33.63 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.39 Mil.
Total Current Liabilities was $6.77 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.

VVC Exploration's current Net Income (TTM) was -1.41. ==> 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.

VVC Exploration's current Cash Flow from Operations (TTM) was -1.42. ==> 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)
=-1.41/38.025
=-0.03708087

ROA (Last Year)=Net Income/Total Assets (Oct23)
=-2.968/33.627
=-0.08826241

VVC Exploration's return on assets of this year was -0.03708087. VVC Exploration's return on assets of last year was -0.08826241. ==> This year is higher. ==> Score 1.

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.

VVC Exploration's current Net Income (TTM) was -1.41. VVC Exploration's current Cash Flow from Operations (TTM) was -1.42. ==> -1.42 <= -1.41 ==> 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
=0/28.4006
=0

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=0/22.064
=0

VVC Exploration's gearing of this year was 0. VVC Exploration's gearing of last year was 0. ==> 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: Oct25)=Total Current Assets/Total Current Liabilities
=0.072/7.981
=0.00902143

Current Ratio (Last Year: Oct24)=Total Current Assets/Total Current Liabilities
=0.393/6.771
=0.05804165

VVC Exploration's current ratio of this year was 0.00902143. VVC Exploration's current ratio of last year was 0.05804165. ==> 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.

VVC Exploration's number of shares in issue this year was 572.682. VVC Exploration's number of shares in issue last year was 572.682. ==> 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
=-1.399/0.094
=-14.88297872

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-2.905/0.101
=-28.76237624

VVC Exploration's gross margin of this year was -14.88297872. VVC Exploration's gross margin of last year was -28.76237624. ==> 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 (Oct24)
=0.094/38.025
=0.00247206

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=0.101/33.627
=0.00300354

VVC Exploration's asset turnover of this year was 0.00247206. VVC Exploration's asset turnover of last year was 0.00300354. ==> 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+1+0+1+0+1+1+0
=4

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

VVC Exploration has an F-score of 4 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 4 mean?
VVC Exploration (VVCVF) has a Piotroski F-Score of 4 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VVC Exploration and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, VVC Exploration's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, VVC Exploration ranks #574 out of 974 companies in the Oil & Gas industry, placing it in the top 58.9%.
Is VVC Exploration's Piotroski F-Score too high?
VVC Exploration's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Oil & Gas industry median Piotroski F-Score is 5.00. VVC Exploration's value of 4 is 20% below this industry median. Based on the distribution chart, VVC Exploration ranks #574 out of 974 companies in the Oil & Gas industry, which is below the industry midpoint.
How does VVC Exploration's Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, VVC Exploration ranks #574 out of 974 companies for Piotroski F-Score. This places VVC Exploration in the lower half of its industry. The industry median Piotroski F-Score is 5.00. VVC Exploration's value of 4 is 20% below this benchmark. Historically, VVC Exploration'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 3.00 vs. the industry median of 5.00, VVC Exploration 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 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. VVC Exploration's current Piotroski F-Score of 4 is 20% 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 VVC Exploration 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. VVC Exploration's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VVC Exploration stock overvalued right now?
VVC Exploration (VVCVF) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below 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 VVC Exploration (VVCVF), the current Piotroski F-Score is 4 as of Jun. 24, 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.

VVC Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges VVC:Canada
Address 2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the La Tuna, Mexico, Cumeral gold project in Mexico, Samalayuca Copper Project, located in Chihuahua State, precious metals properties also in Mexico, and the Helium / Natural Gas Projects. The company is currently focused on the Helium Projects owned by PHC. The company's mineral resource properties are located in Mexico and Canada. The company generates revenue from the sale of Helium and natural gas.