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Mida Assets PCLBKK:MIDA 32 Piotroski F-Score is 3 as of Jul. 14, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates BKK:MIDA with a GF Score™ of 32/100 and a GF Value™ of ฿0.30 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 532 Credit Services companies, Mida Assets PCL ranks worse than 73.68% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mida Assets PCL has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Mida Assets PCL's Piotroski F-Score or its related term are showing as below:
BKK:MIDA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 8
Current: 3
During the past 13 years, the highest Piotroski F-Score of Mida Assets PCL was 8. The lowest was 1. And the median was 4.
Mida Assets PCL (BKK:MIDA) 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.
Mida Assets PCL Piotroski F-Score Related Terms
Mida Assets PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mida Assets 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:MIDA vs V, MA, AXP: Piotroski F-Score Comparison
For the Credit Services subindustry, Mida Assets 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.
Mida Assets PCL Piotroski F-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mida Assets PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mida Assets 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.
Mida Assets PCL's current Net Income (TTM) was -440.
==> 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.
Mida Assets PCL's return on assets of this year was -0.0379533. Mida Assets PCL's return on assets of last year was -0.01775851.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mida Assets PCL's gearing of this year was 0.08468113. Mida Assets PCL's gearing of last year was 0.17692981.
==> 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
Mida Assets PCL's current ratio of this year was 0.86935973. Mida Assets PCL's current ratio of last year was 1.09631369.
==> 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.
Mida Assets PCL's number of shares in issue this year was 2504.098. Mida Assets PCL's number of shares in issue last year was 2504.098.
==> 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.
Mida Assets PCL's gross margin of this year was 0.3059392. Mida Assets PCL's gross margin of last year was 0.45241691.
==> 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
Mida Assets PCL's asset turnover of this year was 0.18168226. Mida Assets PCL's asset turnover of last year was 0.19344298.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mida Assets PCL has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Mida Assets PCL (BKK:MIDA) has a Piotroski F-Score of 3 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mida Assets PCL and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Mida Assets PCL's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Mida Assets PCL ranks #392 out of 532 companies in the Credit Services industry, placing it in the top 73.7%.
Is Mida Assets PCL's Piotroski F-Score too high?
Mida Assets PCL's current Piotroski F-Score of 3 is 25% below 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 8.00. The Credit Services industry median Piotroski F-Score is 5.00. Mida Assets PCL's value of 3 is 40% below this industry median. Based on the distribution chart, Mida Assets PCL ranks #392 out of 532 companies in the Credit Services industry, which is below the industry midpoint. Overall, Mida Assets PCL has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Assets PCL's Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Mida Assets PCL ranks #392 out of 532 companies for Piotroski F-Score. This places Mida Assets PCL in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Mida Assets PCL's value of 3 is 40% below this benchmark. Historically, Mida Assets PCL'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 4.00 vs. the industry median of 5.00, Mida Assets PCL has consistently been below 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 532 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. Mida Assets PCL's current Piotroski F-Score of 3 is 40% below 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 Mida Assets PCL and its competitors. For the Credit Services 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. Mida Assets PCL's current Piotroski F-Score is 3, which is 25% below 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 Mida Assets PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Assets PCL (BKK:MIDA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.30, compared to a current price of ฿0.50 — trading 66.7% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Credit Services industry median of 5.00. Mida Assets PCL's overall GF Score™ is 32/100 with 9 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 Mida Assets PCL (BKK:MIDA), the current Piotroski F-Score is 3 as of Jul. 14, 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 Mida Assets PCL (BKK:MIDA) Overvalued in 2026?
Based on GuruFocus' analysis, Mida Assets PCL stock appears to be overvalued.
The current stock price of ฿0.50 is trading 66.7% above its estimated GF Value™ of ฿0.30.
GuruFocus considers Mida Assets PCL to be Significantly Overvalued.
Key valuation signals for BKK:MIDA:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: ฿0.30 vs. price of ฿0.50 (66.7% above fair value)
Industry Position: 40% below the Credit Services median (#392 of 532)
No single metric tells the full story. See the BKK:MIDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchase financing for electrical home appliance, providing financial services for cars, motorcycles, and used cars, hotel business, condominium for rental and hotel operations services and management, real estate development for sales, golf course rental, agency for sale of real estate, advertising, public relation, providing financial services, management of non-performing assets, pawnshop services, herbal supplement, security guard services, organizing event, manufacturing beer and Others. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services and Others.
32GF Score
Get the complete analysis for BKK:MIDA
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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