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Mena Transport PCLBKK:MENA -1.33%73 Piotroski F-Score is 6 as of Jul. 18, 2026, which is at its 10-year median of 6.00. GuruFocus rates BKK:MENA with a GF Score™ of 73/100 and a GF Value™ of ฿1.29 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 976 Transportation companies, Mena Transport PCL ranks better than 71.93% 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
Mena Transport PCL 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 Mena Transport PCL's Piotroski F-Score or its related term are showing as below:
BKK:MENA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 6
During the past 8 years, the highest Piotroski F-Score of Mena Transport PCL was 8. The lowest was 4. And the median was 6.
Mena Transport PCL (BKK:MENA) 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.
Mena Transport PCL Piotroski F-Score Related Terms
Mena Transport PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mena Transport PCL'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.
BKK:MENA vs ODFL, XPO, KNX: Piotroski F-Score Comparison
For the Trucking subindustry, Mena Transport PCL'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.
Mena Transport PCL Piotroski F-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Mena Transport PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mena Transport PCL'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.
Mena Transport PCL's current Net Income (TTM) was 60.1.
==> 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.
Mena Transport PCL's return on assets of this year was 0.04229059. Mena Transport PCL's return on assets of last year was 0.0498996.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mena Transport PCL's gearing of this year was 0.09283883. Mena Transport PCL's gearing of last year was 0.14076807.
==> 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
Mena Transport PCL's current ratio of this year was 1.13569024. Mena Transport PCL's current ratio of last year was 1.06804842.
==> 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.
Mena Transport PCL's number of shares in issue this year was 650.391. Mena Transport PCL's number of shares in issue last year was 827.256.
==> 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.
Mena Transport PCL's gross margin of this year was 0.1385702. Mena Transport PCL's gross margin of last year was 0.15517538.
==> 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
Mena Transport PCL's asset turnover of this year was 0.56935952. Mena Transport PCL's asset turnover of last year was 0.58580212.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mena Transport PCL has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Mena Transport PCL (BKK:MENA) has a Piotroski F-Score of 6 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mena Transport PCL and its competitors. This is near median its historical median of 6.00. Over the past decade, Mena Transport PCL's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Mena Transport PCL ranks #274 out of 976 companies in the Transportation industry, placing it in the top 28.1%.
Is Mena Transport PCL's Piotroski F-Score too high?
Mena Transport PCL's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Mena Transport PCL's value of 6 is 0% at this industry median. Based on the distribution chart, Mena Transport PCL ranks #274 out of 976 companies in the Transportation industry, which is above the industry midpoint. Overall, Mena Transport PCL has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mena Transport PCL's Piotroski F-Score compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mena Transport PCL ranks #274 out of 976 companies for Piotroski F-Score. This puts Mena Transport PCL in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Mena Transport PCL's value of 6 is 0% at this benchmark. Historically, Mena Transport PCL's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Mena Transport PCL 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 976 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. Mena Transport PCL's current Piotroski F-Score of 6 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 Mena Transport PCL and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mena Transport PCL's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mena Transport PCL stock overvalued right now?
Based on GuruFocus' analysis, Mena Transport PCL (BKK:MENA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿1.29, compared to a current price of ฿0.74 — trading 42.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Transportation industry median of 6.00. Mena Transport PCL's overall GF Score™ is 73/100 with 7 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 Mena Transport PCL (BKK:MENA), the current Piotroski F-Score is 6 as of Jul. 18, 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 Mena Transport PCL (BKK:MENA) Overvalued in 2026?
Based on GuruFocus' analysis, Mena Transport PCL stock appears to be undervalued.
The current stock price of ฿0.74 is trading 42.6% below its estimated GF Value™ of ฿1.29.
GuruFocus considers Mena Transport PCL to be Significantly Undervalued.
Key valuation signals for BKK:MENA:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ฿1.29 vs. price of ฿0.74 (42.6% below fair value)
Industry Position: 0% at the Transportation median (#274 of 976)
No single metric tells the full story. See the BKK:MENA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mena Transport PCL is principally engaged in the provision of transport services. The Company operates through three segments: transportation services, concrete transportation services, which generate the maximum revenue, and the sale of materials, equipment, and tools for construction. The Company operates solely in Thailand.
73GF Score
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