MyEco Group (ASX:MCO) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 25% Above Median


What is MyEco Group Piotroski F-Score?

MyEco Group ASX:MCO Piotroski F-Score is 5 as of Jun. 26, 2026, which is 25% above its 10-year median of 4.00. The stock has 4 warning signs investors should review. Among 389 Packaging & Containers companies, MyEco Group ranks better than 54.24% 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

MyEco Group 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 MyEco Group's Piotroski F-Score or its related term are showing as below:

ASX:MCO' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 5
Current: 5

During the past 13 years, the highest Piotroski F-Score of MyEco Group was 5. The lowest was 1. And the median was 4.

MyEco Group  (ASX:MCO) 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.


MyEco Group Piotroski F-Score Related Terms


MyEco Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MyEco Group'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.

MyEco Group Piotroski F-Score Chart

MyEco Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 1.00 5.00 3.00 5.00

MyEco Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 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 0.00 3.00 0.00 5.00 0.00

ASX:MCO vs SW, PKG, AMCR: Piotroski F-Score Comparison

For the Packaging & Containers subindustry, MyEco Group'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.


MyEco Group Piotroski F-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, MyEco Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where MyEco Group'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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was A$-4.96 Mil.
Cash Flow from Operations was A$-3.12 Mil.
Revenue was A$15.70 Mil.
Gross Profit was A$3.80 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (18.053 + 14.584) / 2 = A$16.3185 Mil.
Total Assets at the begining of this year (Jun24) was A$18.05 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.05 Mil.
Total Current Assets was A$10.37 Mil.
Total Current Liabilities was A$5.03 Mil.
Net Income was A$-9.33 Mil.

Revenue was A$14.45 Mil.
Gross Profit was A$3.11 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (27.962 + 18.053) / 2 = A$23.0075 Mil.
Total Assets at the begining of last year (Jun23) was A$27.96 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.58 Mil.
Total Current Assets was A$12.99 Mil.
Total Current Liabilities was A$3.41 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.

MyEco Group's current Net Income (TTM) was -4.96. ==> 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.

MyEco Group's current Cash Flow from Operations (TTM) was -3.12. ==> 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 (Jun24)
=-4.958/18.053
=-0.27463579

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-9.327/27.962
=-0.33355983

MyEco Group's return on assets of this year was -0.27463579. MyEco Group's return on assets of last year was -0.33355983. ==> 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.

MyEco Group's current Net Income (TTM) was -4.96. MyEco Group's current Cash Flow from Operations (TTM) was -3.12. ==> -3.12 > -4.96 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0.054/16.3185
=0.00330913

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0.582/23.0075
=0.0252961

MyEco Group's gearing of this year was 0.00330913. MyEco Group's gearing of last year was 0.0252961. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=10.372/5.025
=2.0640796

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=12.994/3.412
=3.80832356

MyEco Group's current ratio of this year was 2.0640796. MyEco Group's current ratio of last year was 3.80832356. ==> 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.

MyEco Group's number of shares in issue this year was 596.61. MyEco Group's number of shares in issue last year was 595.268. ==> 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
=3.799/15.696
=0.24203619

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.112/14.449
=0.21537823

MyEco Group's gross margin of this year was 0.24203619. MyEco Group's gross margin of last year was 0.21537823. ==> 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 (Jun24)
=15.696/18.053
=0.86943998

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=14.449/27.962
=0.516737

MyEco Group's asset turnover of this year was 0.86943998. MyEco Group's asset turnover of last year was 0.516737. ==> 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+1+1+1+0+0+1+1
=5

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

MyEco Group 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?
MyEco Group (ASX:MCO) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MyEco Group and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, MyEco Group's Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, MyEco Group ranks #178 out of 389 companies in the Packaging & Containers industry, placing it in the top 45.8%.
Is MyEco Group's Piotroski F-Score too high?
MyEco Group'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 1.00 to a high of 5.00. The Packaging & Containers industry median Piotroski F-Score is 5.00. MyEco Group's value of 5 is 0% at this industry median. Based on the distribution chart, MyEco Group ranks #178 out of 389 companies in the Packaging & Containers industry, which is above the industry midpoint.
How does MyEco Group's Piotroski F-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, MyEco Group ranks #178 out of 389 companies for Piotroski F-Score. This puts MyEco Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. MyEco Group's value of 5 is 0% at this benchmark. Historically, MyEco Group's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, MyEco Group 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 Packaging & Containers company?
The median Piotroski F-Score among Packaging & Containers companies is 5.00, based on 389 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. MyEco Group'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 MyEco Group and its competitors. For the Packaging & Containers 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. MyEco Group'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 MyEco Group stock overvalued right now?
Based on GuruFocus' analysis, MyEco Group (ASX:MCO) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.02 — trading 25% 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 0% at the Packaging & Containers 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 MyEco Group (ASX:MCO), the current Piotroski F-Score is 5 as of Jun. 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.

MyEco Group Business Description

Address 220 Ferntree Gully Road, Unit 26/202, Notting Hill, VIC, AUS, 3168
MyEco Group Ltd is a developer and manufacturer of sustainable packaging and materials. The company supplies its packaging products, proprietary biodegradable and compostable resins, and films to a blue-chip world wide customer base. The company is integrated from resin production into bags and film, and can develop bespoke compostable solutions for a range of applications. Geographically, the company generates the majority of its revenue from the Oceanic region.