ZEOX (Zeo ScientifiX) Piotroski F-Score: 5 (As of Jun. 25, 2026) — 25% Above Median


ZEOX Zeo ScientifiX Inc ZEOX
50 GF Score
Price $1.75
GF Value $2.67
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Zeo ScientifiX Piotroski F-Score?

Zeo ScientifiX ZEOX +2.94% 50 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates ZEOX with a GF Score™ of 50/100 and a GF Value™ of $2.67 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,342 Biotechnology companies, Zeo ScientifiX ranks better than 85.1% 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

Zeo ScientifiX 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 Zeo ScientifiX's Piotroski F-Score or its related term are showing as below:

ZEOX' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Zeo ScientifiX was 6. The lowest was 2. And the median was 4.

Zeo ScientifiX  (OTCPK:ZEOX) 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.


Zeo ScientifiX Piotroski F-Score Related Terms


Zeo ScientifiX Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Zeo ScientifiX'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.

Zeo ScientifiX Piotroski F-Score Chart

Zeo ScientifiX Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 4.00 3.00 4.00

Zeo ScientifiX Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.00 2.00 4.00 4.00 5.00

ZEOX vs LNAI, GDTC, HOOK: Piotroski F-Score Comparison

For the Biotechnology subindustry, Zeo ScientifiX'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.


Zeo ScientifiX Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zeo ScientifiX's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Zeo ScientifiX's Piotroski F-Score falls into.


ZEOX
50GF Score
Zeo ScientifiX Inc ZEOX
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was -2.072 + -0.815 + -0.852 + -0.145 = $-3.88 Mil.
Cash Flow from Operations was -0.257 + -0.383 + -0.471 + -0.138 = $-1.25 Mil.
Revenue was 1.306 + 1.654 + 1.446 + 2.581 = $6.99 Mil.
Gross Profit was 1.078 + 1.398 + 1.165 + 2.055 = $5.70 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(1.435 + 1.652 + 1.527 + 2.571 + 3.886) / 5 = $2.2142 Mil.
Total Assets at the begining of this year (Apr25) was $1.44 Mil.
Long-Term Debt & Capital Lease Obligation was $0.06 Mil.
Total Current Assets was $3.27 Mil.
Total Current Liabilities was $3.11 Mil.
Net Income was -1.012 + -1.254 + -1.243 + -1.391 = $-4.90 Mil.

Revenue was 1.091 + 1.244 + 1.09 + 1.149 = $4.57 Mil.
Gross Profit was 0.915 + 1.019 + 0.899 + 0.893 = $3.73 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(1.932 + 2.221 + 1.643 + 1.55 + 1.435) / 5 = $1.7562 Mil.
Total Assets at the begining of last year (Apr24) was $1.93 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Total Current Assets was $0.87 Mil.
Total Current Liabilities was $3.45 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.

Zeo ScientifiX's current Net Income (TTM) was -3.88. ==> 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.

Zeo ScientifiX's current Cash Flow from Operations (TTM) was -1.25. ==> 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 (Apr25)
=-3.884/1.435
=-2.70662021

ROA (Last Year)=Net Income/Total Assets (Apr24)
=-4.9/1.932
=-2.53623188

Zeo ScientifiX's return on assets of this year was -2.70662021. Zeo ScientifiX's return on assets of last year was -2.53623188. ==> 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.

Zeo ScientifiX's current Net Income (TTM) was -3.88. Zeo ScientifiX's current Cash Flow from Operations (TTM) was -1.25. ==> -1.25 > -3.88 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=0.063/2.2142
=0.02845271

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=0.082/1.7562
=0.04669172

Zeo ScientifiX's gearing of this year was 0.02845271. Zeo ScientifiX's gearing of last year was 0.04669172. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=3.266/3.111
=1.04982321

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=0.865/3.453
=0.25050681

Zeo ScientifiX's current ratio of this year was 1.04982321. Zeo ScientifiX's current ratio of last year was 0.25050681. ==> 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.

Zeo ScientifiX's number of shares in issue this year was 7.757. Zeo ScientifiX's number of shares in issue last year was 6.345. ==> 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
=5.696/6.987
=0.81522828

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.726/4.574
=0.81460429

Zeo ScientifiX's gross margin of this year was 0.81522828. Zeo ScientifiX's gross margin of last year was 0.81460429. ==> 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 (Apr25)
=6.987/1.435
=4.86898955

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=4.574/1.932
=2.36749482

Zeo ScientifiX's asset turnover of this year was 4.86898955. Zeo ScientifiX's asset turnover of last year was 2.36749482. ==> 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

Zeo ScientifiX 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?
Zeo ScientifiX (ZEOX) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zeo ScientifiX and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Zeo ScientifiX's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Zeo ScientifiX ranks #200 out of 1342 companies in the Biotechnology industry, placing it in the top 14.9%.
Is Zeo ScientifiX's Piotroski F-Score too high?
Zeo ScientifiX's 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 2.00 to a high of 6.00. The Biotechnology industry median Piotroski F-Score is 3.00. Zeo ScientifiX's value of 5 is 66.7% above this industry median. Based on the distribution chart, Zeo ScientifiX ranks #200 out of 1342 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Zeo ScientifiX has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeo ScientifiX's Piotroski F-Score compare to LNAI and GDTC?
According to the Biotechnology industry distribution chart, Zeo ScientifiX ranks #200 out of 1342 companies for Piotroski F-Score. This places Zeo ScientifiX in the top 15% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Zeo ScientifiX's value of 5 is 66.7% above this benchmark. Historically, Zeo ScientifiX's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Zeo ScientifiX 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,342 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. Zeo ScientifiX's current Piotroski F-Score of 5 is 66.7% 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 Zeo ScientifiX and its competitors. For the Biotechnology 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. Zeo ScientifiX'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 Zeo ScientifiX stock overvalued right now?
Based on GuruFocus' analysis, Zeo ScientifiX (ZEOX) is currently considered Possible Value Trap. The stock's GF Value™ is $2.67, compared to a current price of $1.75 — trading 34.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 66.7% above the Biotechnology industry median of 3.00. Zeo ScientifiX's overall GF Score™ is 50/100 with 4 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 Zeo ScientifiX (ZEOX), the current Piotroski F-Score is 5 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 Zeo ScientifiX (ZEOX) Overvalued in 2026?

Based on GuruFocus' analysis, Zeo ScientifiX stock appears to be undervalued. The current stock price of $1.75 is trading 34.5% below its estimated GF Value™ of $2.67. GuruFocus considers Zeo ScientifiX to be Possible Value Trap.

Key valuation signals for ZEOX:

  • Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $2.67 vs. price of $1.75 (34.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 66.7% above the Biotechnology median (#200 of 1342)

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


Zeo ScientifiX Business Description

Address 3321 College Avenue, Suite 246, Davie, FL, USA, 33314
Zeo ScientifiX Inc is a clinical-stage biopharmaceutical company located inside Nova Southeastern University's Collaborative Center for Research in Davie, Florida. The Company is a clinical-stage biopharmaceutical company principally focusing on the development of biological therapeutics for the treatment of degenerative diseases and regenerative medicine. The Company's proprietary products, including Zofin, are derived from perinatal sources and manufactured to retain the naturally occurring extracellular vesicles, proteins and cell secreted nanoparticles and Patient Pure X (PPX ), an autologous biologic containing a nanoparticle fraction that is precipitated from a patient's own peripheral blood (RAAM Products).
50GF Score

Get the complete analysis for ZEOX

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

$1.75
Price
$2.67
GF Value