MDXXF (Pharmala Biotech Holdings) Piotroski F-Score: 4 (As of Jul. 11, 2026) — Near Median


MDXXF Pharmala Biotech Holdings Inc MDXXF
35 GF Score
Price $0.11
GF Value $0.15
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Pharmala Biotech Holdings Piotroski F-Score?

Pharmala Biotech Holdings MDXXF +7.74% 35 Piotroski F-Score is 4 as of Jul. 11, 2026, which is at its 10-year median of 4.00. GuruFocus rates MDXXF with a GF Score™ of 35/100 and a GF Value™ of $0.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,332 Biotechnology companies, Pharmala Biotech Holdings ranks better than 73.8% 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

Pharmala Biotech Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Pharmala Biotech Holdings's Piotroski F-Score or its related term are showing as below:

MDXXF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 5
Current: 4

During the past 5 years, the highest Piotroski F-Score of Pharmala Biotech Holdings was 5. The lowest was 4. And the median was 4.

Pharmala Biotech Holdings  (OTCPK:MDXXF) 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.


Pharmala Biotech Holdings Piotroski F-Score Related Terms


Pharmala Biotech Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pharmala Biotech 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.

Pharmala Biotech Holdings Piotroski F-Score Chart

Pharmala Biotech Holdings Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
N/A N/A 5.00 5.00 4.00

Pharmala Biotech Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4.00 4.00 4.00 4.00

MDXXF vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, Pharmala Biotech 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.


Pharmala Biotech Holdings Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pharmala Biotech Holdings's Piotroski F-Score distribution charts can be found below:

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


MDXXF
35GF Score
Pharmala Biotech Holdings Inc MDXXF
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was -0.378 + -0.262 + -0.292 + -0.248 = $-1.18 Mil.
Cash Flow from Operations was -0.185 + -0.214 + -0.083 + -0.183 = $-0.67 Mil.
Revenue was 0.097 + 0.194 + 0.147 + 0.206 = $0.64 Mil.
Gross Profit was 0.091 + 0.169 + 0.122 + 0.189 = $0.57 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was
(2.732 + 2.618 + 2.479 + 2.418 + 2.293) / 5 = $2.508 Mil.
Total Assets at the begining of this year (Feb25) was $2.73 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $1.02 Mil.
Total Current Liabilities was $0.71 Mil.
Net Income was -0.302 + -0.164 + -0.343 + -0.567 = $-1.38 Mil.

Revenue was 0.106 + 0.061 + 0.041 + 0.102 = $0.31 Mil.
Gross Profit was 0.103 + 0.17 + 0.041 + 0.095 = $0.41 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was
(1.838 + 2.101 + 2.122 + 1.881 + 2.732) / 5 = $2.1348 Mil.
Total Assets at the begining of last year (Feb24) was $1.84 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $1.46 Mil.
Total Current Liabilities was $0.57 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.

Pharmala Biotech Holdings's current Net Income (TTM) was -1.18. ==> 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.

Score 1 if positive, 0 if negative.

Pharmala Biotech Holdings's current Cash Flow from Operations (TTM) was -0.67. ==> Negative ==> Score 0.

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 (Feb25)
=-1.18/2.732
=-0.43191801

ROA (Last Year)=Net Income/Total Assets (Feb24)
=-1.376/1.838
=-0.74863983

Pharmala Biotech Holdings's return on assets of this year was -0.43191801. Pharmala Biotech Holdings's return on assets of last year was -0.74863983. ==> This year is higher. ==> Score 1.

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.

Pharmala Biotech Holdings's current Net Income (TTM) was -1.18. Pharmala Biotech Holdings's current Cash Flow from Operations (TTM) was -0.67. ==> -0.67 > -1.18 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=0/2.508
=0

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=0/2.1348
=0

Pharmala Biotech Holdings's gearing of this year was 0. Pharmala Biotech 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: Feb26)=Total Current Assets/Total Current Liabilities
=1.015/0.713
=1.42356241

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=1.461/0.568
=2.5721831

Pharmala Biotech Holdings's current ratio of this year was 1.42356241. Pharmala Biotech Holdings's current ratio of last year was 2.5721831. ==> 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.

Pharmala Biotech Holdings's number of shares in issue this year was 108.885. Pharmala Biotech Holdings's number of shares in issue last year was 101.758. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.571/0.644
=0.88664596

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.409/0.31
=1.31935484

Pharmala Biotech Holdings's gross margin of this year was 0.88664596. Pharmala Biotech Holdings's gross margin of last year was 1.31935484. ==> 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 (Feb25)
=0.644/2.732
=0.23572474

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=0.31/1.838
=0.16866159

Pharmala Biotech Holdings's asset turnover of this year was 0.23572474. Pharmala Biotech Holdings's asset turnover of last year was 0.16866159. ==> 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
=0+0+1+1+1+0+0+0+1
=4

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

Pharmala Biotech Holdings has an F-score of 4 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 4 mean?
Pharmala Biotech Holdings (MDXXF) has a Piotroski F-Score of 4 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pharmala Biotech Holdings and its competitors. This is near median its historical median of 4.00. Over the past decade, Pharmala Biotech Holdings' Piotroski F-Score has ranged from 4.00 to 5.00. According to the industry distribution chart, Pharmala Biotech Holdings ranks #349 out of 1332 companies in the Biotechnology industry, placing it in the top 26.2%.
Is Pharmala Biotech Holdings' Piotroski F-Score too high?
Pharmala Biotech Holdings' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 5.00. The Biotechnology industry median Piotroski F-Score is 3.00. Pharmala Biotech Holdings' value of 4 is 33.3% above this industry median. Based on the distribution chart, Pharmala Biotech Holdings ranks #349 out of 1332 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Pharmala Biotech Holdings has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pharmala Biotech Holdings' Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharmala Biotech Holdings ranks #349 out of 1332 companies for Piotroski F-Score. This puts Pharmala Biotech Holdings in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Pharmala Biotech Holdings' value of 4 is 33.3% above this benchmark. Historically, Pharmala Biotech Holdings' own Piotroski F-Score has ranged from 4.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Pharmala Biotech 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,332 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. Pharmala Biotech Holdings's current Piotroski F-Score of 4 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 Pharmala Biotech Holdings and its competitors. For the Biotechnology 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. Pharmala Biotech Holdings's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmala Biotech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pharmala Biotech Holdings (MDXXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.15, compared to a current price of $0.11 — trading 28.2% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% above the Biotechnology industry median of 3.00. Pharmala Biotech Holdings' overall GF Score™ is 35/100 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 Pharmala Biotech Holdings (MDXXF), the current Piotroski F-Score is 4 as of Jul. 11, 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 Pharmala Biotech Holdings (MDXXF) Overvalued in 2026?

Based on GuruFocus' analysis, Pharmala Biotech Holdings stock appears to be undervalued. The current stock price of $0.11 is trading 28.2% below its estimated GF Value™ of $0.15. GuruFocus considers Pharmala Biotech Holdings to be Modestly Undervalued.

Key valuation signals for MDXXF:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $0.15 vs. price of $0.11 (28.2% below fair value)
  • GF Score™: 35/100 with 1 warning sign
  • Industry Position: 33.3% above the Biotechnology median (#349 of 1332)

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


Pharmala Biotech Holdings Business Description

Other Exchanges MDMA:Canada
Address 1 Adelaide Street East, Suite 801, Toranto, ON, CAN, M5C 2V9
Pharmala Biotech Holdings Inc is a Canadian Biotechnology company focused on the development, manufacture and sales of MDMA and MDXX class molecules in service to the burgeoning clinical research community and growing commercial use cases in select jurisdictions. The company produces its MDMA active pharmaceutical ingredient under the LaNeo brand through Good Manufacturing Practice (GMP) processes, aiming to address shortages for clinical trials investigating treatments for various disorders. It generates revenue from the sale of tablets, raw MDMA and MDXX compounds/formulations, and royalties from licensing of its IP.
35GF Score

Get the complete analysis for MDXXF

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

$0.11
Price
$0.15
GF Value