ZedgeZDGE +1.99%74 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates ZDGE with a GF Score™ of 74/100 and a GF Value™ of $3.06 (Fairly Valued). Among 550 Interactive Media companies, Zedge ranks better than 78.73% 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
Zedge has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Zedge's Piotroski F-Score or its related term are showing as below:
ZDGE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 6
During the past 12 years, the highest Piotroski F-Score of Zedge was 8. The lowest was 1. And the median was 5.
Zedge (AMEX:ZDGE) 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.
Zedge Piotroski F-Score Related Terms
Zedge Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Zedge'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.
ZDGE vs GIFT, SJ, NAMI: Piotroski F-Score Comparison
For the Internet Content & Information subindustry, Zedge'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.
Zedge Piotroski F-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Zedge's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Zedge'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.
Zedge's current Net Income (TTM) was -1.13.
==> 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.
Zedge's current ratio of this year was 3.21250823. Zedge's current ratio of last year was 3.38792867.
==> 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.
Zedge's number of shares in issue this year was 13.272. Zedge's number of shares in issue last year was 13.94.
==> 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.
Zedge's gross margin of this year was 0.93145831. Zedge's gross margin of last year was 0.93832808.
==> 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
Zedge's asset turnover of this year was 0.8279982. Zedge's asset turnover of last year was 0.77377488.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Zedge has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Zedge (ZDGE) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zedge and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Zedge's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Zedge ranks #117 out of 550 companies in the Interactive Media industry, placing it in the top 21.3%.
Is Zedge's Piotroski F-Score too high?
Zedge's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Interactive Media industry median Piotroski F-Score is 5.00. Zedge's value of 6 is 20% above this industry median. Based on the distribution chart, Zedge ranks #117 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Zedge has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's Piotroski F-Score compare to GIFT and SJ?
According to the Interactive Media industry distribution chart, Zedge ranks #117 out of 550 companies for Piotroski F-Score. This places Zedge in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Zedge's value of 6 is 20% above this benchmark. Historically, Zedge's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Zedge 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 550 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. Zedge's current Piotroski F-Score of 6 is 20% 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 Zedge and its competitors. For the Interactive Media 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. Zedge's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (ZDGE) is currently considered Fairly Valued. The stock's GF Value™ is $3.06, compared to a current price of $3.07 — trading 0.3% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Interactive Media industry median of 5.00. Zedge's overall GF Score™ is 74/100. 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 Zedge (ZDGE), the current Piotroski F-Score is 6 as of Jun. 27, 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 Zedge (ZDGE) Overvalued in 2026?
Based on GuruFocus' analysis, Zedge stock appears to be overvalued.
The current stock price of $3.07 is trading 0.3% above its estimated GF Value™ of $3.06.
GuruFocus considers Zedge to be Fairly Valued.
Key valuation signals for ZDGE:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: $3.06 vs. price of $3.07 (0.3% above fair value)
Industry Position: 20% above the Interactive Media median (#117 of 550)
No single metric tells the full story. See the ZDGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
74GF Score
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