Max Power MiningMAXXF +13.85%31 Piotroski F-Score is 3 as of Jul. 09, 2026, which is at its 10-year median of 3.00. GuruFocus rates MAXXF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,508 Metals & Mining companies, Max Power Mining ranks better than 59.21% 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
Max Power Mining 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 Max Power Mining's Piotroski F-Score or its related term are showing as below:
MAXXF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 3
During the past 5 years, the highest Piotroski F-Score of Max Power Mining was 4. The lowest was 2. And the median was 3.
Max Power Mining (OTCPK:MAXXF) 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.
Max Power Mining Piotroski F-Score Related Terms
Max Power Mining Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Max Power Mining'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.
Max Power Mining Piotroski F-Score Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Max Power Mining'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.
Max Power Mining Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Max Power Mining's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Max Power Mining'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.
Max Power Mining's current Net Income (TTM) was -17.12.
==> 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.
Max Power Mining's return on assets of this year was -13.28316524. Max Power Mining's return on assets of last year was -1.14622179.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Max Power Mining's gearing of this year was 0. Max Power Mining'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
Max Power Mining's current ratio of this year was 8.07201759. Max Power Mining's current ratio of last year was 4.36538462.
==> 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.
Max Power Mining's number of shares in issue this year was 138.683. Max Power Mining's number of shares in issue last year was 65.956.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Max Power Mining's gross margin of this year was . Max Power Mining's gross margin of last year was .
==> 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
Max Power Mining's asset turnover of this year was 0. Max Power Mining's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Max Power Mining has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Max Power Mining (MAXXF) has a Piotroski F-Score of 3 as of Jul. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Max Power Mining and its competitors. This is near median its historical median of 3.00. Over the past decade, Max Power Mining's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Max Power Mining ranks #1023 out of 2508 companies in the Metals & Mining industry, placing it in the top 40.8%.
Is Max Power Mining's Piotroski F-Score too high?
Max Power Mining's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Max Power Mining's value of 3 is 0% at this industry median. Based on the distribution chart, Max Power Mining ranks #1023 out of 2508 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Max Power Mining has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Max Power Mining's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Max Power Mining ranks #1023 out of 2508 companies for Piotroski F-Score. This puts Max Power Mining in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Max Power Mining's value of 3 is 0% at this benchmark. Historically, Max Power Mining's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Max Power Mining has consistently been at 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,508 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. Max Power Mining's current Piotroski F-Score of 3 is 0% at 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 Max Power Mining and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Power Mining's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Power Mining stock overvalued right now?
Max Power Mining (MAXXF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 0% at the Metals & Mining industry median of 3.00. Max Power Mining's overall GF Score™ is 31/100 with 2 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 Max Power Mining (MAXXF), the current Piotroski F-Score is 3 as of Jul. 09, 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.
Max Power Mining Corp is an mineral exploration company focused on North Americas shift to decarbonization. The company holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a recent diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, James Bay Project, Nunavik Project and Nicobat Project. The company operates in two reportable operating segments, with the primary segment being the acquisition, exploration and evaluation of mineral resources properties. It is also conducting research and development on DLE technologies. Geographically each segment operates in Canada and the USA.
31GF Score
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