MPVDF (Mountain Province Diamonds) Piotroski F-Score: 1 (As of Jun. 25, 2026) — 75% Below Median


What is Mountain Province Diamonds Piotroski F-Score?

Mountain Province Diamonds MPVDF Piotroski F-Score is 1 as of Jun. 25, 2026, which is 75% below its 10-year median of 4.00. The stock has 5 warning signs investors should review. Among 2,511 Metals & Mining companies, Mountain Province Diamonds ranks worse than 95.86% on this metric.

Warning Sign:

Piotroski F-Score of 1 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

Mountain Province Diamonds has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Mountain Province Diamonds's Piotroski F-Score or its related term are showing as below:

MPVDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 1

During the past 13 years, the highest Piotroski F-Score of Mountain Province Diamonds was 7. The lowest was 1. And the median was 4.

Mountain Province Diamonds  (OTCPK:MPVDF) 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.


Mountain Province Diamonds Piotroski F-Score Related Terms


Mountain Province Diamonds Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mountain Province Diamonds'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.

Mountain Province Diamonds Piotroski F-Score Chart

Mountain Province Diamonds Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 4.00 3.00 2.00

Mountain Province Diamonds 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 3.00 2.00 1.00 2.00 1.00

MPVDF vs HL: Piotroski F-Score Comparison

For the Other Precious Metals & Mining subindustry, Mountain Province Diamonds'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.


Mountain Province Diamonds Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mountain Province Diamonds's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mountain Province Diamonds's Piotroski F-Score falls into.


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 -27.614 + -40.381 + -109.861 + -47.426 = $-225.3 Mil.
Cash Flow from Operations was -19.631 + -2.179 + 6.245 + -13.001 = $-28.6 Mil.
Revenue was 26.942 + 21.081 + 33.158 + 29.142 = $110.3 Mil.
Gross Profit was -38.453 + -20.946 + -36.435 + -26.371 = $-122.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(609.684 + 608.859 + 583.16 + 514.213 + 509.648) / 5 = $565.1128 Mil.
Total Assets at the begining of this year (Mar25) was $609.7 Mil.
Long-Term Debt & Capital Lease Obligation was $265.7 Mil.
Total Current Assets was $153.0 Mil.
Total Current Liabilities was $199.0 Mil.
Net Income was -4.76 + -14.017 + -43.648 + -23.944 = $-86.4 Mil.

Revenue was 41.458 + 51.242 + 36.496 + 30.646 = $159.8 Mil.
Gross Profit was 8.743 + -8.098 + -9.154 + -15.57 = $-24.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(670.742 + 640.919 + 643.384 + 588.574 + 609.684) / 5 = $630.6606 Mil.
Total Assets at the begining of last year (Mar24) was $670.7 Mil.
Long-Term Debt & Capital Lease Obligation was $243.0 Mil.
Total Current Assets was $158.4 Mil.
Total Current Liabilities was $104.1 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.

Mountain Province Diamonds's current Net Income (TTM) was -225.3. ==> 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.

Mountain Province Diamonds's current Cash Flow from Operations (TTM) was -28.6. ==> 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 (Mar25)
=-225.282/609.684
=-0.36950617

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-86.369/670.742
=-0.12876635

Mountain Province Diamonds's return on assets of this year was -0.36950617. Mountain Province Diamonds's return on assets of last year was -0.12876635. ==> 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.

Mountain Province Diamonds's current Net Income (TTM) was -225.3. Mountain Province Diamonds's current Cash Flow from Operations (TTM) was -28.6. ==> -28.6 > -225.3 ==> 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
=265.687/565.1128
=0.47014861

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=243.039/630.6606
=0.3853721

Mountain Province Diamonds's gearing of this year was 0.47014861. Mountain Province Diamonds's gearing of last year was 0.3853721. ==> Last year is lower than this year ==> Score 0.

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
=152.987/199.004
=0.76876344

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=158.446/104.126
=1.52167566

Mountain Province Diamonds's current ratio of this year was 0.76876344. Mountain Province Diamonds's current ratio of last year was 1.52167566. ==> 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.

Mountain Province Diamonds's number of shares in issue this year was 212.612. Mountain Province Diamonds's number of shares in issue last year was 212.36. ==> 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
=-122.205/110.323
=-1.10770193

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-24.079/159.842
=-0.15064251

Mountain Province Diamonds's gross margin of this year was -1.10770193. Mountain Province Diamonds's gross margin of last year was -0.15064251. ==> 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)
=110.323/609.684
=0.18095112

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=159.842/670.742
=0.23830623

Mountain Province Diamonds's asset turnover of this year was 0.18095112. Mountain Province Diamonds's asset turnover of last year was 0.23830623. ==> 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
=0+0+0+1+0+0+0+0+0
=1

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

Mountain Province Diamonds has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
Mountain Province Diamonds (MPVDF) has a Piotroski F-Score of 1 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mountain Province Diamonds and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, Mountain Province Diamonds' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Mountain Province Diamonds ranks #2407 out of 2511 companies in the Metals & Mining industry, placing it in the top 95.9%.
Is Mountain Province Diamonds' Piotroski F-Score too high?
Mountain Province Diamonds' current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Mountain Province Diamonds' value of 1 is 66.7% below this industry median. Based on the distribution chart, Mountain Province Diamonds ranks #2407 out of 2511 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Mountain Province Diamonds' Piotroski F-Score compare to HL?
According to the Metals & Mining industry distribution chart, Mountain Province Diamonds ranks #2407 out of 2511 companies for Piotroski F-Score. This places Mountain Province Diamonds in the lower half of its industry. The industry median Piotroski F-Score is 3.00. Mountain Province Diamonds' value of 1 is 66.7% below this benchmark. Historically, Mountain Province Diamonds' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, Mountain Province Diamonds has consistently been below 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 2,511 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. Mountain Province Diamonds's current Piotroski F-Score of 1 is 66.7% below 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 Mountain Province Diamonds 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. Mountain Province Diamonds's current Piotroski F-Score is 1, which is 75% below 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 Mountain Province Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Mountain Province Diamonds (MPVDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.05, compared to a current price of $0.02 — trading 61.2% below its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 66.7% below the Metals & Mining industry median of 3.00. 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 Mountain Province Diamonds (MPVDF), the current Piotroski F-Score is 1 as of Jun. 25, 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.

Mountain Province Diamonds Business Description

Address 151 Yonge Street, Suite 1100, Toronto, ON, CAN, M5C 2W7
Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canadas Northwest Territories. The Company also owns the mineral rights of the Kennady North Project (KNP) in Canadas Northwest Territories.