WDOFF (Wesdome Gold Mines) Piotroski F-Score: 7 (As of Jun. 25, 2026) — Near Median


WDOFF Wesdome Gold Mines Ltd WDOFF
97 GF Score
Price $16.57
GF Value $22.47
Valuation Modestly Undervalued
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What is Wesdome Gold Mines Piotroski F-Score?

Wesdome Gold Mines WDOFF -5.23% 97 Piotroski F-Score is 7 as of Jun. 25, 2026, which is at its 10-year median of 7.00. GuruFocus rates WDOFF with a GF Score™ of 97/100 and a GF Value™ of $22.47 (Modestly Undervalued). Among 2,511 Metals & Mining companies, Wesdome Gold Mines ranks better than 95.5% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Wesdome Gold Mines has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

WDOFF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Wesdome Gold Mines was 8. The lowest was 3. And the median was 7.

Wesdome Gold Mines  (OTCPK:WDOFF) 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.


Wesdome Gold Mines Piotroski F-Score Related Terms


Wesdome Gold Mines Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wesdome Gold Mines'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.

Wesdome Gold Mines Piotroski F-Score Chart

Wesdome Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 6.00 8.00 7.00

Wesdome Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.00 8.00 8.00 7.00 7.00

WDOFF vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Wesdome Gold Mines'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.


Wesdome Gold Mines Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Wesdome Gold Mines's Piotroski F-Score falls into.


WDOFF
97GF Score
Wesdome Gold Mines Ltd WDOFF
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 60.503 + 62.833 + 85.105 + 86.649 = $295.1 Mil.
Cash Flow from Operations was 73.837 + 85.451 + 114.155 + 117.945 = $391.4 Mil.
Revenue was 152.581 + 166.462 + 208.681 + 218.508 = $746.2 Mil.
Gross Profit was 96.702 + 107.709 + 133.901 + 141.993 = $480.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(568.812 + 682.613 + 748.273 + 831.451 + 905.44) / 5 = $747.3178 Mil.
Total Assets at the begining of this year (Mar25) was $568.8 Mil.
Long-Term Debt & Capital Lease Obligation was $1.8 Mil.
Total Current Assets was $357.1 Mil.
Total Current Liabilities was $59.2 Mil.
Net Income was 21.259 + 28.79 + 39.748 + 43.517 = $133.3 Mil.

Revenue was 93.25 + 108.41 + 128.175 + 130.69 = $460.5 Mil.
Gross Profit was 39.175 + 51.927 + 67.094 + 72.008 = $230.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(469.999 + 470.112 + 505.489 + 524.078 + 568.812) / 5 = $507.698 Mil.
Total Assets at the begining of last year (Mar24) was $470.0 Mil.
Long-Term Debt & Capital Lease Obligation was $0.1 Mil.
Total Current Assets was $166.2 Mil.
Total Current Liabilities was $39.9 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.

Wesdome Gold Mines's current Net Income (TTM) was 295.1. ==> Positive ==> Score 1.

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.

Wesdome Gold Mines's current Cash Flow from Operations (TTM) was 391.4. ==> Positive ==> Score 1.

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 (Mar25)
=295.09/568.812
=0.51878301

ROA (Last Year)=Net Income/Total Assets (Mar24)
=133.314/469.999
=0.28364741

Wesdome Gold Mines's return on assets of this year was 0.51878301. Wesdome Gold Mines's return on assets of last year was 0.28364741. ==> 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.

Wesdome Gold Mines's current Net Income (TTM) was 295.1. Wesdome Gold Mines's current Cash Flow from Operations (TTM) was 391.4. ==> 391.4 > 295.1 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=1.808/747.3178
=0.00241932

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.061/507.698
=0.00012015

Wesdome Gold Mines's gearing of this year was 0.00241932. Wesdome Gold Mines's gearing of last year was 0.00012015. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=357.077/59.207
=6.03099296

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=166.173/39.856
=4.1693346

Wesdome Gold Mines's current ratio of this year was 6.03099296. Wesdome Gold Mines's current ratio of last year was 4.1693346. ==> 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.

Wesdome Gold Mines's number of shares in issue this year was 151.49. Wesdome Gold Mines's number of shares in issue last year was 151.048. ==> 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
=480.305/746.232
=0.64364032

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=230.204/460.525
=0.49987297

Wesdome Gold Mines's gross margin of this year was 0.64364032. Wesdome Gold Mines's gross margin of last year was 0.49987297. ==> 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 (Mar25)
=746.232/568.812
=1.31191325

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=460.525/469.999
=0.97984251

Wesdome Gold Mines's asset turnover of this year was 1.31191325. Wesdome Gold Mines's asset turnover of last year was 0.97984251. ==> 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
=1+1+1+1+0+1+0+1+1
=7

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

Wesdome Gold Mines has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Wesdome Gold Mines (WDOFF) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wesdome Gold Mines and its competitors. This is near median its historical median of 7.00. Over the past decade, Wesdome Gold Mines' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Wesdome Gold Mines ranks #113 out of 2511 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is Wesdome Gold Mines' Piotroski F-Score too high?
Wesdome Gold Mines' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Wesdome Gold Mines' value of 7 is 133.3% above this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #113 out of 2511 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #113 out of 2511 companies for Piotroski F-Score. This places Wesdome Gold Mines in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Wesdome Gold Mines' value of 7 is 133.3% above this benchmark. Historically, Wesdome Gold Mines' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 3.00, Wesdome Gold Mines has consistently been above 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,511 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. Wesdome Gold Mines's current Piotroski F-Score of 7 is 133.3% above 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 Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (WDOFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.47, compared to a current price of $16.57 — trading 26.3% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 133.3% above the Metals & Mining industry median of 3.00. Wesdome Gold Mines' overall GF Score™ is 97/100. 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 Wesdome Gold Mines (WDOFF), the current Piotroski F-Score is 7 as of Jun. 25, 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.

Is Wesdome Gold Mines (WDOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued. The current stock price of $16.57 is trading 26.3% below its estimated GF Value™ of $22.47. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for WDOFF:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: $22.47 vs. price of $16.57 (26.3% below fair value)
  • GF Score™: 97/100
  • Industry Position: 133.3% above the Metals & Mining median (#113 of 2511)

No single metric tells the full story. See the WDOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
97GF Score

Get the complete analysis for WDOFF

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

$16.57
Price
$22.47
GF Value