Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Al Batinah Power CoOGMUS:BATP -1.64%73 Piotroski F-Score is 6 as of Jul. 17, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates MUS:BATP with a GF Score™ of 73/100 and a GF Value™ of ر.ع0.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Al Batinah Power CoOG ranks better than 80.38% 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
Al Batinah Power CoOG 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 Al Batinah Power CoOG's Piotroski F-Score or its related term are showing as below:
MUS:BATP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 7 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Al Batinah Power CoOG was 8. The lowest was 6. And the median was 7.
Al Batinah Power CoOG (MUS:BATP) 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.
Al Batinah Power CoOG Piotroski F-Score Related Terms
Al Batinah Power CoOG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Al Batinah Power CoOG'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.
MUS:BATP vs CEG, VST, NRG: Piotroski F-Score Comparison
For the Utilities - Independent Power Producers subindustry, Al Batinah Power CoOG'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.
Al Batinah Power CoOG Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Al Batinah Power CoOG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Al Batinah Power CoOG'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.
Al Batinah Power CoOG's current Net Income (TTM) was -9.38.
==> 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.
Al Batinah Power CoOG's current Cash Flow from Operations (TTM) was 27.26.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Al Batinah Power CoOG's return on assets of this year was -0.04187458. Al Batinah Power CoOG's return on assets of last year was 0.05992835.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Al Batinah Power CoOG's gearing of this year was 0.10446511. Al Batinah Power CoOG's gearing of last year was 0.17537899.
==> 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
Al Batinah Power CoOG's current ratio of this year was 0.4720419. Al Batinah Power CoOG's current ratio of last year was 0.45073875.
==> 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.
Al Batinah Power CoOG's number of shares in issue this year was 674.887. Al Batinah Power CoOG's number of shares in issue last year was 674.887.
==> 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.
Al Batinah Power CoOG's gross margin of this year was 0.24875899. Al Batinah Power CoOG's gross margin of last year was 0.27087631.
==> 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
Al Batinah Power CoOG's asset turnover of this year was 0.39201964. Al Batinah Power CoOG's asset turnover of last year was 0.33454741.
==> 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
+
1
+
0
+
1
+
1
+
1
+
1
+
0
+
1
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Al Batinah Power CoOG has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Al Batinah Power CoOG (MUS:BATP) has a Piotroski F-Score of 6 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Al Batinah Power CoOG and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Al Batinah Power CoOG's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Al Batinah Power CoOG ranks #82 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.6%.
Is Al Batinah Power CoOG's Piotroski F-Score too high?
Al Batinah Power CoOG's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Al Batinah Power CoOG's value of 6 is 20% above this industry median. Based on the distribution chart, Al Batinah Power CoOG ranks #82 out of 418 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Al Batinah Power CoOG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Batinah Power CoOG's Piotroski F-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Al Batinah Power CoOG ranks #82 out of 418 companies for Piotroski F-Score. This places Al Batinah Power CoOG in the top 20% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Al Batinah Power CoOG's value of 6 is 20% above this benchmark. Historically, Al Batinah Power CoOG's own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Al Batinah Power CoOG 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 418 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. Al Batinah Power CoOG'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 Al Batinah Power CoOG 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. Al Batinah Power CoOG's current Piotroski F-Score is 6, which is 14% below 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 Al Batinah Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Batinah Power CoOG (MUS:BATP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.18 — trading 100% above its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Utilities - Independent Power Producers industry median of 5.00. Al Batinah Power CoOG's overall GF Score™ is 73/100 with 4 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 Al Batinah Power CoOG (MUS:BATP), the current Piotroski F-Score is 6 as of Jul. 17, 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 Al Batinah Power CoOG (MUS:BATP) Overvalued in 2026?
Based on GuruFocus' analysis, Al Batinah Power CoOG stock appears to be overvalued.
The current stock price of ر.ع0.18 is trading 100% above its estimated GF Value™ of ر.ع0.09.
GuruFocus considers Al Batinah Power CoOG to be Significantly Overvalued.
Key valuation signals for MUS:BATP:
Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
GF Value™: ر.ع0.09 vs. price of ر.ع0.18 (100% above fair value)
Industry Position: 20% above the Utilities - Independent Power Producers median (#82 of 418)
No single metric tells the full story. See the MUS:BATP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Batinah Power Co SAOG is a company that owns a power generating facility. It develops, finance, designs, constructs, operates, maintains, insure and owns Sohar 2 Power Plant and associated gas interconnection facilities. The Sohar 2 Power Plant is located in the Al Batinah region of the Sultanate of Oman.
73GF Score
Get the complete analysis for MUS:BATP
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:BATP has been successfully added to your 
