Mayne Pharma Group (ASX:MYX) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 75% Above Median


ASX:MYX Mayne Pharma Group Ltd ASX:MYX
51 GF Score
Price A$2.57
GF Value A$5.31
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mayne Pharma Group Piotroski F-Score?

Mayne Pharma Group ASX:MYX +7.53% 51 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates ASX:MYX with a GF Score™ of 51/100 and a GF Value™ of A$5.31 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 114 Medical Distribution companies, Mayne Pharma Group ranks better than 89.47% 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

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

ASX:MYX' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Mayne Pharma Group was 7. The lowest was 2. And the median was 4.

Mayne Pharma Group  (ASX:MYX) 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.


Mayne Pharma Group Piotroski F-Score Related Terms


Mayne Pharma Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mayne Pharma 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.

Mayne Pharma Group Piotroski F-Score Chart

Mayne Pharma 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 3.00 3.00 5.00 4.00 7.00

Mayne Pharma 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 4.00 0.00 7.00 0.00

ASX:MYX vs MCK, COR, CAH: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Mayne Pharma 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.


Mayne Pharma Group Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Mayne Pharma Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mayne Pharma Group's Piotroski F-Score falls into.


ASX:MYX
51GF Score
Mayne Pharma Group Ltd ASX:MYX
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was A$-93.8 Mil.
Cash Flow from Operations was A$17.5 Mil.
Revenue was A$406.5 Mil.
Gross Profit was A$245.7 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (1143.177 + 1014.605) / 2 = A$1078.891 Mil.
Total Assets at the begining of this year (Jun24) was A$1,143.2 Mil.
Long-Term Debt & Capital Lease Obligation was A$2.7 Mil.
Total Current Assets was A$352.8 Mil.
Total Current Liabilities was A$261.0 Mil.
Net Income was A$-174.2 Mil.

Revenue was A$387.9 Mil.
Gross Profit was A$218.3 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (1247.354 + 1143.177) / 2 = A$1195.2655 Mil.
Total Assets at the begining of last year (Jun23) was A$1,247.4 Mil.
Long-Term Debt & Capital Lease Obligation was A$35.0 Mil.
Total Current Assets was A$460.6 Mil.
Total Current Liabilities was A$313.9 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.

Mayne Pharma Group's current Net Income (TTM) was -93.8. ==> 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.

Mayne Pharma Group's current Cash Flow from Operations (TTM) was 17.5. ==> 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 (Jun24)
=-93.836/1143.177
=-0.08208353

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-174.233/1247.354
=-0.13968208

Mayne Pharma Group's return on assets of this year was -0.08208353. Mayne Pharma Group's return on assets of last year was -0.13968208. ==> 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.

Mayne Pharma Group's current Net Income (TTM) was -93.8. Mayne Pharma Group's current Cash Flow from Operations (TTM) was 17.5. ==> 17.5 > -93.8 ==> 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
=2.655/1078.891
=0.00246086

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=35.001/1195.2655
=0.02928303

Mayne Pharma Group's gearing of this year was 0.00246086. Mayne Pharma Group's gearing of last year was 0.02928303. ==> 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
=352.792/261.011
=1.35163652

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=460.593/313.938
=1.46714638

Mayne Pharma Group's current ratio of this year was 1.35163652. Mayne Pharma Group's current ratio of last year was 1.46714638. ==> 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.

Mayne Pharma Group's number of shares in issue this year was 79.139. Mayne Pharma Group's number of shares in issue last year was 79.62. ==> 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
=245.689/406.51
=0.60438612

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=218.28/387.904
=0.56271655

Mayne Pharma Group's gross margin of this year was 0.60438612. Mayne Pharma Group's gross margin of last year was 0.56271655. ==> 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)
=406.51/1143.177
=0.35559673

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=387.904/1247.354
=0.31098149

Mayne Pharma Group's asset turnover of this year was 0.35559673. Mayne Pharma Group's asset turnover of last year was 0.31098149. ==> 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+1+1+1+1+0+1+1+1
=7

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

Mayne Pharma Group 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?
Mayne Pharma Group (ASX:MYX) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mayne Pharma Group and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Mayne Pharma Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Mayne Pharma Group ranks #12 out of 114 companies in the Medical Distribution industry, placing it in the top 10.5%.
Is Mayne Pharma Group's Piotroski F-Score too high?
Mayne Pharma Group's current Piotroski F-Score of 7 is 75% 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 7.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Mayne Pharma Group's value of 7 is 40% above this industry median. Based on the distribution chart, Mayne Pharma Group ranks #12 out of 114 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Mayne Pharma Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mayne Pharma Group's Piotroski F-Score compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Mayne Pharma Group ranks #12 out of 114 companies for Piotroski F-Score. This places Mayne Pharma Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mayne Pharma Group's value of 7 is 40% above this benchmark. Historically, Mayne Pharma Group's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Mayne Pharma Group 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 Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 114 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. Mayne Pharma Group's current Piotroski F-Score of 7 is 40% 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 Mayne Pharma Group and its competitors. For the Medical Distribution 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. Mayne Pharma Group's current Piotroski F-Score is 7, which is 75% 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 Mayne Pharma Group stock overvalued right now?
Based on GuruFocus' analysis, Mayne Pharma Group (ASX:MYX) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.31, compared to a current price of A$2.57 — trading 51.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Medical Distribution industry median of 5.00. Mayne Pharma Group's overall GF Score™ is 51/100 with 3 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 Mayne Pharma Group (ASX:MYX), the current Piotroski F-Score is 7 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.

Is Mayne Pharma Group (ASX:MYX) Overvalued in 2026?

Based on GuruFocus' analysis, Mayne Pharma Group stock appears to be undervalued. The current stock price of A$2.57 is trading 51.6% below its estimated GF Value™ of A$5.31. GuruFocus considers Mayne Pharma Group to be Possible Value Trap.

Key valuation signals for ASX:MYX:

  • Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
  • GF Value™: A$5.31 vs. price of A$2.57 (51.6% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 40% above the Medical Distribution median (#12 of 114)

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


Mayne Pharma Group Business Description

Other Exchanges MAYNF:USA
Address 1538 Main North Road, Salisbury South, Salisbury, SA, AUS, 5106
Mayne Pharma Group Ltd is a specialty pharmaceutical company focused on commercializing novel and generic pharmaceuticals It has a Forty-year track record of innovation and success in developing oral drug delivery systems. The Company's Business consists of three operating segments being International, Women's Health and Dermatology. The Dermatologysegment distributes dermatology products (branded and generic) in the U.S. on a portfolio basis, The Women's Health segment distributes branded women's health products in the U.S. International's segment revenue and gross profit are derived principally from the Australian manufacture and sale of branded and generic pharmaceutical products.
51GF Score

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

A$2.57
Price
A$5.31
GF Value