MSCIMEX:MSCI +2.57%93 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates MEX:MSCI with a GF Score™ of 93/100 and a GF Value™ of MXN12,522.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 781 Capital Markets companies, MSCI ranks better than 98.34% 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
MSCI 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 MSCI's Piotroski F-Score or its related term are showing as below:
MEX:MSCI'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of MSCI was 9. The lowest was 4. And the median was 7.
MSCI (MEX:MSCI) 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.
MSCI Piotroski F-Score Related Terms
MSCI Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for MSCI'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:MSCI vs COIN, NDAQ, CBOE: Piotroski F-Score Comparison
For the Financial Data & Stock Exchanges subindustry, MSCI'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.
MSCI Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MSCI's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MSCI'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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 5717.487 + 5968.946 + 5125.665 + 7321.276 = MXN24,133 Mil. Cash Flow from Operations was 6329.906 + 8244.636 + 9023.196 + 5532.432 = MXN29,130 Mil. Revenue was 14548.927 + 14554.765 + 14810.192 + 15342.221 = MXN59,256 Mil. Gross Profit was 11956.768 + 12123.645 + 12228.517 + 12785.184 = MXN49,094 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(109336.272 + 101182.02 + 98859.462 + 102676.766 + 99996.731) / 5 = MXN102410.2502 Mil. Total Assets at the begining of this year (Mar25) was MXN109,336 Mil. Long-Term Debt & Capital Lease Obligation was MXN118,073 Mil. Total Current Assets was MXN25,139 Mil. Total Current Liabilities was MXN29,090 Mil.
Net Income was 4887.034 + 5531.025 + 6371.729 + 5904.237 = MXN22,694 Mil.
Revenue was 12969.699 + 14269.659 + 15506.401 + 15257.726 = MXN58,003 Mil. Gross Profit was 10622.729 + 11784.901 + 12762.479 + 12459.044 = MXN47,629 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(90924.06 + 99969.743 + 106503.829 + 113568.442 + 109336.272) / 5 = MXN104060.4692 Mil. Total Assets at the begining of last year (Mar24) was MXN90,924 Mil. Long-Term Debt & Capital Lease Obligation was MXN95,444 Mil. Total Current Assets was MXN25,277 Mil. Total Current Liabilities was MXN29,998 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.
MSCI's current Net Income (TTM) was 24,133.
==> 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.
MSCI's current ratio of this year was 0.86418298. MSCI's current ratio of last year was 0.84260477.
==> 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.
MSCI's number of shares in issue this year was 73.4. MSCI's number of shares in issue last year was 77.8.
==> 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.
MSCI's gross margin of this year was 0.82850727. MSCI's gross margin of last year was 0.82114295.
==> 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
MSCI's asset turnover of this year was 0.541962. MSCI's asset turnover of last year was 0.63793329.
==> 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
MSCI has an F-score of 6 indicating the company's financial situation is typical for a stable company.
MSCI (MEX:MSCI) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MSCI and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, MSCI's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, MSCI ranks #13 out of 781 companies in the Capital Markets industry, placing it in the top 1.7%.
Is MSCI's Piotroski F-Score too high?
MSCI's 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 4.00 to a high of 9.00. The Capital Markets industry median Piotroski F-Score is 5.00. MSCI's value of 8 is 60% above this industry median. Based on the distribution chart, MSCI ranks #13 out of 781 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, MSCI has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSCI's Piotroski F-Score compare to COIN and NDAQ?
According to the Capital Markets industry distribution chart, MSCI ranks #13 out of 781 companies for Piotroski F-Score. This places MSCI in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. MSCI's value of 8 is 60% above this benchmark. Historically, MSCI's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, MSCI 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 781 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. MSCI'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 MSCI and its competitors. For the Capital Markets 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. MSCI'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 MSCI stock overvalued right now?
Based on GuruFocus' analysis, MSCI (MEX:MSCI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN12,522.37, compared to a current price of MXN10,195.00 — trading 18.6% 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 Capital Markets industry median of 5.00. MSCI's overall GF Score™ is 93/100 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 MSCI (MEX:MSCI), the current Piotroski F-Score is 8 as of Jun. 24, 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 MSCI (MEX:MSCI) Overvalued in 2026?
Based on GuruFocus' analysis, MSCI stock appears to be undervalued.
The current stock price of MXN10,195.00 is trading 18.6% below its estimated GF Value™ of MXN12,522.37.
GuruFocus considers MSCI to be Modestly Undervalued.
Key valuation signals for MEX:MSCI:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: MXN12,522.37 vs. price of MXN10,195.00 (18.6% below fair value)
Industry Position: 60% above the Capital Markets median (#13 of 781)
No single metric tells the full story. See the MEX:MSCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. MSCI boasts over $18 trillion (as of December 2025) in benchmarked assets, including over $2.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. In its sustainability and climate segment, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.
93GF Score
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