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Mobile World InvestmentBKK:MWG11 -1.03%68 Piotroski F-Score is 8 as of Aug. 13, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates BKK:MWG11 with a GF Score™ of 68/100 and a GF Value™ of ฿4.45 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,101 Retail - Cyclical companies, Mobile World Investment ranks better than 98.46% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Mobile World Investment has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Mobile World Investment's Piotroski F-Score or its related term are showing as below:
BKK:MWG11'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Mobile World Investment was 8. The lowest was 2. And the median was 5.
Mobile World Investment (BKK:MWG11) 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.
Mobile World Investment Piotroski F-Score Related Terms
Mobile World Investment Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mobile World Investment'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:MWG11 vs CASY, WSM, ULTA: Piotroski F-Score Comparison
For the Specialty Retail subindustry, Mobile World Investment'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.
Mobile World Investment Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mobile World Investment's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mobile World Investment'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 2274.676 + 2660.979 + 3486.62 + 4242.04 = ฿12,664 Mil. Cash Flow from Operations was 3565.468 + -785.934 + 1532.706 + 21818.942 = ฿26,131 Mil. Revenue was 51189.564 + 55040.274 + 59679.233 + 62619.823 = ฿228,529 Mil. Gross Profit was 9605.547 + 10335.203 + 12472.386 + 13884.164 = ฿46,297 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(104044.302 + 103128.597 + 107826.08 + 107888.941 + 134760.686) / 5 = ฿111529.7212 Mil. Total Assets at the begining of this year (Jun25) was ฿104,044 Mil. Long-Term Debt & Capital Lease Obligation was ฿0 Mil. Total Current Assets was ฿125,536 Mil. Total Current Liabilities was ฿87,434 Mil.
Net Income was 1027.773 + 1087.956 + 1985.718 + 2117.003 = ฿6,218 Mil.
Revenue was 43860.555 + 44409.349 + 46414.464 + 48321.923 = ฿183,006 Mil. Gross Profit was 8852.49 + 8460.799 + 9248.75 + 9721.81 = ฿36,284 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(84608.167 + 85931.457 + 90475.587 + 93354.673 + 104044.302) / 5 = ฿91682.8372 Mil. Total Assets at the begining of last year (Jun24) was ฿84,608 Mil. Long-Term Debt & Capital Lease Obligation was ฿0 Mil. Total Current Assets was ฿97,535 Mil. Total Current Liabilities was ฿65,489 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.
Mobile World Investment's current Net Income (TTM) was 12,664.
==> 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.
Score 1 if positive, 0 if negative.
Mobile World Investment's current Cash Flow from Operations (TTM) was 26,131.
==> 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.
Mobile World Investment's return on assets of this year was 0.12172041. Mobile World Investment's return on assets of last year was 0.07349704.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mobile World Investment's gearing of this year was 0. Mobile World Investment's gearing of last year was 0.
==> 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
Mobile World Investment's current ratio of this year was 1.43577322. Mobile World Investment's current ratio of last year was 1.48932533.
==> 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.
Mobile World Investment's number of shares in issue this year was 36613.603. Mobile World Investment's number of shares in issue last year was 36887.785.
==> 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.
Mobile World Investment's gross margin of this year was 0.20258839. Mobile World Investment's gross margin of last year was 0.19826558.
==> 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
Mobile World Investment's asset turnover of this year was 2.19645756. Mobile World Investment's asset turnover of last year was 2.16298612.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mobile World Investment has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Mobile World Investment (BKK:MWG11) has a Piotroski F-Score of 8 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mobile World Investment and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Mobile World Investment's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Mobile World Investment ranks #17 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 1.5%.
Is Mobile World Investment's Piotroski F-Score too high?
Mobile World Investment's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Mobile World Investment's value of 8 is 33.3% above this industry median. Based on the distribution chart, Mobile World Investment ranks #17 out of 1101 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mobile World Investment has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mobile World Investment's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mobile World Investment ranks #17 out of 1101 companies for Piotroski F-Score. This places Mobile World Investment in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Mobile World Investment's value of 8 is 33.3% above this benchmark. Historically, Mobile World Investment's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Mobile World Investment 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,101 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. Mobile World Investment's current Piotroski F-Score of 8 is 33.3% 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 Mobile World Investment and its competitors. For the Retail - Cyclical 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. Mobile World Investment's current Piotroski F-Score is 8, which is 60% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile World Investment stock overvalued right now?
Based on GuruFocus' analysis, Mobile World Investment (BKK:MWG11) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.45, compared to a current price of ฿3.86 — trading 13.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 33.3% above the Retail - Cyclical industry median of 6.00. Mobile World Investment's overall GF Score™ is 68/100 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 Mobile World Investment (BKK:MWG11), the current Piotroski F-Score is 8 as of Aug. 13, 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 Mobile World Investment (BKK:MWG11) Overvalued in 2026?
Based on GuruFocus' analysis, Mobile World Investment stock appears to be undervalued.
The current stock price of ฿3.86 is trading 13.3% below its estimated GF Value™ of ฿4.45.
GuruFocus considers Mobile World Investment to be Modestly Undervalued.
Key valuation signals for BKK:MWG11:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: ฿4.45 vs. price of ฿3.86 (13.3% below fair value)
Industry Position: 33.3% above the Retail - Cyclical median (#17 of 1101)
No single metric tells the full story. See the BKK:MWG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mobile World Investment Corp is a Vietnam-based company primarily trading in consumer electronic products. Its stores offer digital mobile devices such as cellphones, tablets, laptops, and accessories. The company products also include other consumer electronic goods such as television, karaoke machines, refrigerators, washing machines, rice cookers, blenders, irons, electromagnetic stoves, microwaves, and vacuum cleaners.
68GF Score
Get the complete analysis for BKK:MWG11
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