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Clearway EnergyMEX:CWEN 77 Piotroski F-Score is 6 as of Aug. 28, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates MEX:CWEN with a GF Score™ of 77/100 and a GF Value™ of MXN652.79. The stock has 9 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Clearway Energy ranks better than 80.8% 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
Clearway Energy 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 Clearway Energy's Piotroski F-Score or its related term are showing as below:
MEX:CWEN'
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 Clearway Energy was 9. The lowest was 3. And the median was 5.
Clearway Energy (MEX:CWEN) 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.
Clearway Energy Piotroski F-Score Related Terms
Clearway Energy Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Clearway Energy'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.
MEX:CWEN vs MWH, ORA, FRVO: Piotroski F-Score Comparison
For the Utilities - Renewable subindustry, Clearway Energy'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.
Clearway Energy Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Clearway Energy'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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 4329.231 + -1872.593 + -2939.33 + 2128.778 = MXN1,646 Mil. Cash Flow from Operations was 4127.445 + 3187.009 + 7231.113 + 3734.086 = MXN18,280 Mil. Revenue was 7869.662 + 5581.767 + 6383.576 + 8392.969 = MXN28,228 Mil. Gross Profit was 5521.604 + 2898.918 + 3967.194 + 5793.068 = MXN18,181 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(301888.564 + 294717.917 + 299884.934 + 305311.644 + 292654.628) / 5 = MXN298891.5374 Mil. Total Assets at the begining of this year (Jun25) was MXN301,889 Mil. Long-Term Debt & Capital Lease Obligation was MXN162,625 Mil. Total Current Assets was MXN18,531 Mil. Total Current Liabilities was MXN15,355 Mil.
Net Income was 708.851 + 62.567 + -61.375 + 564.876 = MXN1,275 Mil.
Revenue was 9569.486 + 5339.059 + 6096.544 + 7381.046 = MXN28,386 Mil. Gross Profit was 6911.295 + 2773.808 + 3600.643 + 4914.421 = MXN18,200 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(265952.935 + 280567.085 + 298841.325 + 299651.256 + 301888.564) / 5 = MXN289380.233 Mil. Total Assets at the begining of last year (Jun24) was MXN265,953 Mil. Long-Term Debt & Capital Lease Obligation was MXN167,316 Mil. Total Current Assets was MXN22,350 Mil. Total Current Liabilities was MXN15,704 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.
Clearway Energy's current Net Income (TTM) was 1,646.
==> 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.
Clearway Energy's return on assets of this year was 0.00545263. Clearway Energy's return on assets of last year was 0.00479378.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Clearway Energy's gearing of this year was 0.54409262. Clearway Energy's gearing of last year was 0.57818832.
==> 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
Clearway Energy's current ratio of this year was 1.20681818. Clearway Energy's current ratio of last year was 1.42326135.
==> 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.
Clearway Energy's number of shares in issue this year was 121. Clearway Energy's number of shares in issue last year was 118.
==> 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.
Clearway Energy's gross margin of this year was 0.64406974. Clearway Energy's gross margin of last year was 0.64116397.
==> 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
Clearway Energy's asset turnover of this year was 0.09350462. Clearway Energy's asset turnover of last year was 0.10673368.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Clearway Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Clearway Energy (MEX:CWEN) has a Piotroski F-Score of 6 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Clearway Energy and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Clearway Energy's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Clearway Energy ranks #82 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.2%.
Is Clearway Energy's Piotroski F-Score too high?
Clearway Energy'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 Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Clearway Energy's value of 6 is 20% above this industry median. Based on the distribution chart, Clearway Energy ranks #82 out of 427 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Clearway Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's Piotroski F-Score compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #82 out of 427 companies for Piotroski F-Score. This places Clearway Energy in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Clearway Energy's value of 6 is 20% above this benchmark. Historically, Clearway Energy'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, Clearway Energy 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 Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 427 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. Clearway Energy'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 Clearway Energy and its competitors. For the Utilities - Independent Power Producers 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. Clearway Energy'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 Clearway Energy stock overvalued right now?
Clearway Energy (MEX:CWEN) has a current Piotroski F-Score of 6. The stock's GF Value™ is MXN652.79, compared to a current price of MXN630.79 — trading 3.4% 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 Utilities - Independent Power Producers industry median of 5.00. Clearway Energy's overall GF Score™ is 77/100 with 9 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 Clearway Energy (MEX:CWEN), the current Piotroski F-Score is 6 as of Aug. 28, 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 Clearway Energy (MEX:CWEN) Overvalued in 2026?
Based on GuruFocus' analysis, Clearway Energy stock appears to be undervalued.
The current stock price of MXN630.79 is trading 3.4% below its estimated GF Value™ of MXN652.79.
Key valuation signals for MEX:CWEN:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: MXN652.79 vs. price of MXN630.79 (3.4% below fair value)
Industry Position: 20% above the Utilities - Independent Power Producers median (#82 of 427)
No single metric tells the full story. See the MEX:CWEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and the owner of modern, sustainable, and long-term contracted assets across North America. The company segments its operations into Flexible Generation, Renewables & Storage, and Corporate divisions. The majority of its revenue is generated from the Renewables & Storage segment.
77GF Score
Get the complete analysis for MEX:CWEN
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