The Mosaic Co (BSP:MOSC34) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 20% Above Median


BSP:MOSC34 The Mosaic Co BSP:MOSC34
56 GF Score
Price R$18.13
GF Value R$25.43
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is The Mosaic Co Piotroski F-Score?

The Mosaic Co BSP:MOSC34 -0.77% 56 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates BSP:MOSC34 with a GF Score™ of 56/100 and a GF Value™ of R$25.43 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 252 Agriculture companies, The Mosaic Co ranks better than 76.59% 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

The Mosaic Co 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 The Mosaic Co's Piotroski F-Score or its related term are showing as below:

BSP:MOSC34' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of The Mosaic Co was 9. The lowest was 3. And the median was 5.

The Mosaic Co  (BSP:MOSC34) 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.


The Mosaic Co Piotroski F-Score Related Terms


The Mosaic Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Mosaic Co'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.

The Mosaic Co Piotroski F-Score Chart

The Mosaic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 9.00 5.00 4.00 7.00

The Mosaic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.00 6.00 6.00 7.00 6.00

BSP:MOSC34 vs SMG, FMC, UAN: Piotroski F-Score Comparison

For the Agricultural Inputs subindustry, The Mosaic Co'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.


The Mosaic Co Piotroski F-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The Mosaic Co's Piotroski F-Score falls into.


BSP:MOSC34
56GF Score
The Mosaic Co BSP:MOSC34
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 2277.66 + 2206.338 + -2834.236 + -1347.145 = R$303 Mil.
Cash Flow from Operations was 3380.165 + 1225.445 + -306.065 + 544.924 = R$4,844 Mil.
Revenue was 16669.011 + 18513.612 + 16223.615 + 15678.341 = R$67,085 Mil.
Gross Profit was 2876.052 + 2961.985 + 1869.123 + 1232.094 = R$8,939 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(133390.417 + 134789.56 + 132291.802 + 133556.082 + 128483.428) / 5 = R$132502.2578 Mil.
Total Assets at the begining of this year (Mar25) was R$133,390 Mil.
Long-Term Debt & Capital Lease Obligation was R$23,284 Mil.
Total Current Assets was R$27,930 Mil.
Total Current Liabilities was R$22,422 Mil.
Net Income was -869.855 + 676.719 + 1031.069 + 1371.004 = R$2,209 Mil.

Revenue was 15170.489 + 15566.202 + 17179.806 + 15091.404 = R$63,008 Mil.
Gross Profit was 2122.123 + 2308.155 + 1841.892 + 2812.256 = R$9,084 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(113902.965 + 121545.426 + 128984.776 + 139859.324 + 133390.417) / 5 = R$127536.5816 Mil.
Total Assets at the begining of last year (Mar24) was R$113,903 Mil.
Long-Term Debt & Capital Lease Obligation was R$20,286 Mil.
Total Current Assets was R$26,457 Mil.
Total Current Liabilities was R$23,556 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.

The Mosaic Co's current Net Income (TTM) was 303. ==> 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.

The Mosaic Co's current Cash Flow from Operations (TTM) was 4,844. ==> 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 (Mar25)
=302.617/133390.417
=0.00226866

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2208.937/113902.965
=0.01939315

The Mosaic Co's return on assets of this year was 0.00226866. The Mosaic Co's return on assets of last year was 0.01939315. ==> Last year is higher ==> Score 0.

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.

The Mosaic Co's current Net Income (TTM) was 303. The Mosaic Co's current Cash Flow from Operations (TTM) was 4,844. ==> 4,844 > 303 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=23284.271/132502.2578
=0.17572735

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=20286.362/127536.5816
=0.15906308

The Mosaic Co's gearing of this year was 0.17572735. The Mosaic Co's gearing of last year was 0.15906308. ==> Last year is lower than this year ==> Score 0.

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: Mar26)=Total Current Assets/Total Current Liabilities
=27930.248/22422.433
=1.2456386

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=26457.318/23556.387
=1.12314838

The Mosaic Co's current ratio of this year was 1.2456386. The Mosaic Co's current ratio of last year was 1.12314838. ==> 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.

The Mosaic Co's number of shares in issue this year was 1905. The Mosaic Co's number of shares in issue last year was 1909.2. ==> 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
=8939.254/67084.579
=0.13325349

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9084.426/63007.901
=0.14417916

The Mosaic Co's gross margin of this year was 0.13325349. The Mosaic Co's gross margin of last year was 0.14417916. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=67084.579/133390.417
=0.50291903

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=63007.901/113902.965
=0.55317174

The Mosaic Co's asset turnover of this year was 0.50291903. The Mosaic Co's asset turnover of last year was 0.55317174. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+1+0+0
=5

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

The Mosaic Co 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 6 mean?
The Mosaic Co (BSP:MOSC34) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Mosaic Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, The Mosaic Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, The Mosaic Co ranks #59 out of 252 companies in the Agriculture industry, placing it in the top 23.4%.
Is The Mosaic Co's Piotroski F-Score too high?
The Mosaic Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Agriculture industry median Piotroski F-Score is 5.00. The Mosaic Co's value of 6 is 20% above this industry median. Based on the distribution chart, The Mosaic Co ranks #59 out of 252 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, The Mosaic Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Mosaic Co's Piotroski F-Score compare to SMG and FMC?
According to the Agriculture industry distribution chart, The Mosaic Co ranks #59 out of 252 companies for Piotroski F-Score. This places The Mosaic Co in the top 23% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The Mosaic Co's value of 6 is 20% above this benchmark. Historically, The Mosaic Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, The Mosaic Co 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 an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 252 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. The Mosaic Co's current Piotroski F-Score of 6 is 20% 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 The Mosaic Co and its competitors. For the Agriculture 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. The Mosaic Co's current Piotroski F-Score is 6, which is 20% 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 The Mosaic Co stock overvalued right now?
Based on GuruFocus' analysis, The Mosaic Co (BSP:MOSC34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$25.43, compared to a current price of R$18.13 — trading 28.7% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Agriculture industry median of 5.00. The Mosaic Co's overall GF Score™ is 56/100 with 8 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 The Mosaic Co (BSP:MOSC34), the current Piotroski F-Score is 6 as of Jun. 25, 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 The Mosaic Co (BSP:MOSC34) Overvalued in 2026?

Based on GuruFocus' analysis, The Mosaic Co stock appears to be undervalued. The current stock price of R$18.13 is trading 28.7% below its estimated GF Value™ of R$25.43. GuruFocus considers The Mosaic Co to be Modestly Undervalued.

Key valuation signals for BSP:MOSC34:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: R$25.43 vs. price of R$18.13 (28.7% below fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 20% above the Agriculture median (#59 of 252)

No single metric tells the full story. See the BSP:MOSC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Mosaic Co Business Description

Address 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in the US and potash mines in Canada. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosaic Fertilizantes business.
56GF Score

Get the complete analysis for BSP:MOSC34

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

R$18.13
Price
R$25.43
GF Value