Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MECOM Power and ConstructionHKSE:01183 65 Piotroski F-Score is 8 as of Aug. 15, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates HKSE:01183 with a GF Score™ of 65/100 and a GF Value™ of HK$0.23 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 623 Steel companies, MECOM Power and Construction ranks better than 97.75% 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
MECOM Power and Construction 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 MECOM Power and Construction's Piotroski F-Score or its related term are showing as below:
HKSE:01183'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 8
During the past 12 years, the highest Piotroski F-Score of MECOM Power and Construction was 8. The lowest was 1. And the median was 5.
MECOM Power and Construction (HKSE:01183) 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.
MECOM Power and Construction Piotroski F-Score Related Terms
MECOM Power and Construction Piotroski F-Score Historical Data
* 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.
MECOM Power and Construction Piotroski F-Score Chart
HKSE:01183 vs NUE, STLD, RS: Piotroski F-Score Comparison
For the Steel subindustry, MECOM Power and Construction'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.
MECOM Power and Construction Piotroski F-Score vs Steel Industry
For the Steel industry and Basic Materials sector, MECOM Power and Construction's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MECOM Power and Construction'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.
MECOM Power and Construction's current Net Income (TTM) was 14.
==> 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.
MECOM Power and Construction's current Cash Flow from Operations (TTM) was 97.
==> 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.
MECOM Power and Construction's return on assets of this year was 0.01306596. MECOM Power and Construction's return on assets of last year was -0.00285063.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
MECOM Power and Construction's gearing of this year was 0.06088536. MECOM Power and Construction's gearing of last year was 0.08442031.
==> 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
MECOM Power and Construction's current ratio of this year was 1.34632147. MECOM Power and Construction's current ratio of last year was 1.40684917.
==> 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.
MECOM Power and Construction's number of shares in issue this year was 3980.768. MECOM Power and Construction's number of shares in issue last year was 3985.841.
==> 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.
MECOM Power and Construction's gross margin of this year was 0.09930388. MECOM Power and Construction's gross margin of last year was 0.07861.
==> 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
MECOM Power and Construction's asset turnover of this year was 1.62453652. MECOM Power and Construction's asset turnover of last year was 1.38434436.
==> 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
=
1
+
1
+
1
+
1
+
1
+
0
+
1
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
MECOM Power and Construction has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
MECOM Power and Construction (HKSE:01183) has a Piotroski F-Score of 8 as of Aug. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MECOM Power and Construction and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, MECOM Power and Construction's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, MECOM Power and Construction ranks #14 out of 623 companies in the Steel industry, placing it in the top 2.2%.
Is MECOM Power and Construction's Piotroski F-Score too high?
MECOM Power and Construction'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 1.00 to a high of 8.00. The Steel industry median Piotroski F-Score is 5.00. MECOM Power and Construction's value of 8 is 60% above this industry median. Based on the distribution chart, MECOM Power and Construction ranks #14 out of 623 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MECOM Power and Construction has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MECOM Power and Construction's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, MECOM Power and Construction ranks #14 out of 623 companies for Piotroski F-Score. This places MECOM Power and Construction in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. MECOM Power and Construction's value of 8 is 60% above this benchmark. Historically, MECOM Power and Construction'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 5.00 vs. the industry median of 5.00, MECOM Power and Construction 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 623 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. MECOM Power and Construction's current Piotroski F-Score of 8 is 60% 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 MECOM Power and Construction and its competitors. For the Steel 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. MECOM Power and Construction'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 MECOM Power and Construction stock overvalued right now?
Based on GuruFocus' analysis, MECOM Power and Construction (HKSE:01183) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.14 — trading 41.3% 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 60% above the Steel industry median of 5.00. MECOM Power and Construction's overall GF Score™ is 65/100 with 6 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 MECOM Power and Construction (HKSE:01183), the current Piotroski F-Score is 8 as of Aug. 15, 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 MECOM Power and Construction (HKSE:01183) Overvalued in 2026?
Based on GuruFocus' analysis, MECOM Power and Construction stock appears to be undervalued.
The current stock price of HK$0.14 is trading 41.3% below its estimated GF Value™ of HK$0.23.
GuruFocus considers MECOM Power and Construction to be Significantly Undervalued.
Key valuation signals for HKSE:01183:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: HK$0.23 vs. price of HK$0.14 (41.3% below fair value)
Industry Position: 60% above the Steel median (#14 of 623)
No single metric tells the full story. See the HKSE:01183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MECOM Power and Construction Ltd is a construction company engaged in construction of power substation and structural steelworks. Its scope covers steel structures business, including research and development and sales of new construction materials; construction business, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, facilities management and operation and maintenance services, construction, operation and maintenance of data centres; and electric vehicles related services. Its segments are: Construction business, Electric vehicles business, and Intelligent manufacturing business. It derives maximum revenue from Intelligent manufacturing business.
65GF Score
Get the complete analysis for HKSE:01183
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01183 has been successfully added to your 
