MAHLY (Medipal Holdings) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 14% Above Median


MAHLY Medipal Holdings Corp MAHLY
78 GF Score
Price $16.28
GF Value $16.92
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Medipal Holdings Piotroski F-Score?

Medipal Holdings MAHLY +5.92% 78 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates MAHLY with a GF Score™ of 78/100 and a GF Value™ of $16.92 (Fairly Valued). The stock has 1 warning sign investors should review. Among 114 Medical Distribution companies, Medipal Holdings ranks better than 97.37% 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

Medipal Holdings 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 Medipal Holdings's Piotroski F-Score or its related term are showing as below:

MAHLY' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Medipal Holdings was 9. The lowest was 5. And the median was 7.

Medipal Holdings  (OTCPK:MAHLY) 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.


Medipal Holdings Piotroski F-Score Related Terms


Medipal Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Medipal Holdings'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.

Medipal Holdings Piotroski F-Score Chart

Medipal Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 8.00 9.00 7.00 8.00

Medipal Holdings 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 7.00 0.00 0.00 0.00 8.00

MAHLY vs MCK, COR, CAH: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Medipal Holdings'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.


Medipal Holdings Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medipal Holdings's Piotroski F-Score distribution charts can be found below:

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


MAHLY
78GF Score
Medipal Holdings Corp MAHLY
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 $268 Mil.
Cash Flow from Operations was $293 Mil.
Revenue was $24,057 Mil.
Gross Profit was $1,645 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (12243.482 + 12112.234) / 2 = $12177.858 Mil.
Total Assets at the begining of this year (Mar25) was $12,243 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $8,640 Mil.
Total Current Liabilities was $6,731 Mil.
Net Income was $270 Mil.

Revenue was $24,630 Mil.
Gross Profit was $1,716 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (12008.703 + 12243.482) / 2 = $12126.0925 Mil.
Total Assets at the begining of last year (Mar24) was $12,009 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $8,606 Mil.
Total Current Liabilities was $6,772 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.

Medipal Holdings's current Net Income (TTM) was 268. ==> 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.

Medipal Holdings's current Cash Flow from Operations (TTM) was 293. ==> 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)
=268.044/12243.482
=0.02189279

ROA (Last Year)=Net Income/Total Assets (Mar24)
=270.224/12008.703
=0.02250235

Medipal Holdings's return on assets of this year was 0.02189279. Medipal Holdings's return on assets of last year was 0.02250235. ==> 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.

Medipal Holdings's current Net Income (TTM) was 268. Medipal Holdings's current Cash Flow from Operations (TTM) was 293. ==> 293 > 268 ==> 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
=0/12177.858
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/12126.0925
=0

Medipal Holdings's gearing of this year was 0. Medipal Holdings'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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=8640.041/6730.671
=1.28368197

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=8605.707/6772.194
=1.27074136

Medipal Holdings's current ratio of this year was 1.28368197. Medipal Holdings's current ratio of last year was 1.27074136. ==> 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.

Medipal Holdings's number of shares in issue this year was 205.805. Medipal Holdings's number of shares in issue last year was 208.491. ==> 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
=1644.71/24056.523
=0.06836857

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1715.833/24630.264
=0.06966361

Medipal Holdings's gross margin of this year was 0.06836857. Medipal Holdings's gross margin of last year was 0.06966361. ==> 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)
=24056.523/12243.482
=1.96484325

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=24630.264/12008.703
=2.05103449

Medipal Holdings's asset turnover of this year was 1.96484325. Medipal Holdings's asset turnover of last year was 2.05103449. ==> 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+1+1+1+0+0
=6

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

Medipal Holdings has an F-score of 6 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 8 mean?
Medipal Holdings (MAHLY) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Medipal Holdings and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Medipal Holdings' Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Medipal Holdings ranks #3 out of 114 companies in the Medical Distribution industry, placing it in the top 2.6%.
Is Medipal Holdings' Piotroski F-Score too high?
Medipal Holdings' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Medipal Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Medipal Holdings ranks #3 out of 114 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Medipal Holdings has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medipal Holdings' Piotroski F-Score compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Medipal Holdings ranks #3 out of 114 companies for Piotroski F-Score. This places Medipal Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Medipal Holdings' value of 8 is 60% above this benchmark. Historically, Medipal Holdings' own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Medipal Holdings 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 Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 114 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. Medipal Holdings'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 Medipal Holdings and its competitors. For the Medical Distribution 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. Medipal Holdings's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medipal Holdings stock overvalued right now?
Based on GuruFocus' analysis, Medipal Holdings (MAHLY) is currently considered Fairly Valued. The stock's GF Value™ is $16.92, compared to a current price of $16.28 — trading 3.8% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Medical Distribution industry median of 5.00. Medipal Holdings' overall GF Score™ is 78/100 with 1 warning sign 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 Medipal Holdings (MAHLY), the current Piotroski F-Score is 8 as of Jun. 27, 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 Medipal Holdings (MAHLY) Overvalued in 2026?

Based on GuruFocus' analysis, Medipal Holdings stock appears to be undervalued. The current stock price of $16.28 is trading 3.8% below its estimated GF Value™ of $16.92. GuruFocus considers Medipal Holdings to be Fairly Valued.

Key valuation signals for MAHLY:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $16.92 vs. price of $16.28 (3.8% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 60% above the Medical Distribution median (#3 of 114)

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


Medipal Holdings Business Description

Other Exchanges MEPDF:USA7459:Japan
Address 3-1-1 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8461
Medipal Holdings Corp is engaged in the wholesale distribution of pharmaceuticals, cosmetics, daily necessities, and related products. The company operates through three reportable segments: Wholesale business of medical drugs; Cosmetics, Daily Necessities and OTC Pharmaceuticals Wholesale Business; and Wholesale of animal medicines and food processing ingredients. The Wholesale business of medical drugs segment targets hospitals, clinics, and dispensing pharmacies; the Cosmetics and OTC segment serves drug stores, home centers, convenience stores, and supermarkets; while the Wholesale of animal medicines and food processing ingredients segment supplies veterinary clinics, livestock and fisheries businesses, and food manufacturers.
78GF Score

Get the complete analysis for MAHLY

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

$16.28
Price
$16.92
GF Value