Musandam Power CoOGMUS:MSPW 49 Piotroski F-Score is 7 as of Jul. 12, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MUS:MSPW with a GF Score™ of 49/100 and a GF Value™ of ر.ع0.31 (Fairly Valued). The stock has 11 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Musandam Power CoOG ranks better than 92.09% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
Musandam Power CoOG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Musandam Power CoOG's Piotroski F-Score or its related term are showing as below:
MUS:MSPW'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 7
During the past 8 years, the highest Piotroski F-Score of Musandam Power CoOG was 8. The lowest was 4. And the median was 6.
Musandam Power CoOG (MUS:MSPW) 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.
Musandam Power CoOG Piotroski F-Score Related Terms
Musandam Power CoOG Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Musandam 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:MSPW vs CEG, VST, NRG: Piotroski F-Score Comparison
For the Utilities - Independent Power Producers subindustry, Musandam 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.
Musandam Power CoOG Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Musandam Power CoOG's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Musandam 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.
Musandam Power CoOG's current Net Income (TTM) was 2.41.
==> 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.
Musandam Power CoOG's return on assets of this year was 0.03534746. Musandam Power CoOG's return on assets of last year was 0.0344716.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Musandam Power CoOG's gearing of this year was 0.60872656. Musandam Power CoOG's gearing of last year was 0.65460791.
==> 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
Musandam Power CoOG's current ratio of this year was 0.59915951. Musandam Power CoOG's current ratio of last year was 0.61332966.
==> 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.
Musandam Power CoOG's number of shares in issue this year was 70.39. Musandam Power CoOG's number of shares in issue last year was 70.39.
==> 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.
Musandam Power CoOG's gross margin of this year was 0.32798628. Musandam Power CoOG's gross margin of last year was 0.36226313.
==> 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
Musandam Power CoOG's asset turnover of this year was 0.29087921. Musandam Power CoOG's asset turnover of last year was 0.25997973.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Musandam Power CoOG has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Musandam Power CoOG (MUS:MSPW) has a Piotroski F-Score of 7 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Musandam Power CoOG and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Musandam Power CoOG's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Musandam Power CoOG ranks #33 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.9%.
Is Musandam Power CoOG's Piotroski F-Score too high?
Musandam Power CoOG's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Musandam Power CoOG's value of 7 is 40% above this industry median. Based on the distribution chart, Musandam Power CoOG ranks #33 out of 417 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Musandam Power CoOG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Musandam Power CoOG's Piotroski F-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Musandam Power CoOG ranks #33 out of 417 companies for Piotroski F-Score. This places Musandam Power CoOG in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Musandam Power CoOG's value of 7 is 40% above this benchmark. Historically, Musandam Power CoOG's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Musandam 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 417 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. Musandam Power CoOG's current Piotroski F-Score of 7 is 40% 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 Musandam 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. Musandam Power CoOG's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musandam Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Musandam Power CoOG (MUS:MSPW) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.34 — trading 9.7% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Utilities - Independent Power Producers industry median of 5.00. Musandam Power CoOG's overall GF Score™ is 49/100 with 11 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 Musandam Power CoOG (MUS:MSPW), the current Piotroski F-Score is 7 as of Jul. 12, 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 Musandam Power CoOG (MUS:MSPW) Overvalued in 2026?
Based on GuruFocus' analysis, Musandam Power CoOG stock appears to be overvalued.
The current stock price of ر.ع0.34 is trading 9.7% above its estimated GF Value™ of ر.ع0.31.
GuruFocus considers Musandam Power CoOG to be Fairly Valued.
Key valuation signals for MUS:MSPW:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: ر.ع0.31 vs. price of ر.ع0.34 (9.7% above fair value)
Industry Position: 40% above the Utilities - Independent Power Producers median (#33 of 417)
No single metric tells the full story. See the MUS:MSPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musandam Power Co SAOG is the owner of an independent power plant in the Musandam region of the Sultanate of Oman. It is the owner of the first independent power plant in the Musandam region. With a contracted power capacity of 120.7 MW, the company caters to the current and near-term demand of the region and is a proud contributor to its development aspirations. The Company is selling the electrical energy generated to Oman Power and Water Procurement Company SAOC.
49GF Score
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