Mangalam Global EnterpriseNSE:MGEL +1.69%85 Piotroski F-Score is 6 as of Jul. 04, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:MGEL with a GF Score™ of 85/100 and a GF Value™ of ₹19.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Mangalam Global Enterprise ranks better than 73.34% 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
Mangalam Global Enterprise 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 Mangalam Global Enterprise's Piotroski F-Score or its related term are showing as below:
NSE:MGEL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 7
Current: 6
During the past 10 years, the highest Piotroski F-Score of Mangalam Global Enterprise was 7. The lowest was 2. And the median was 6.
Mangalam Global Enterprise (NSE:MGEL) 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.
Mangalam Global Enterprise Piotroski F-Score Related Terms
Mangalam Global Enterprise Piotroski F-Score Historical Data
* 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.
Mangalam Global Enterprise Piotroski F-Score Chart
NSE:MGEL vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, Mangalam Global Enterprise'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.
Mangalam Global Enterprise Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mangalam Global Enterprise's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mangalam Global Enterprise'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.
Mangalam Global Enterprise's current Net Income (TTM) was 452.
==> 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.
Score 1 if positive, 0 if negative.
Mangalam Global Enterprise's current Cash Flow from Operations (TTM) was 456.
==> 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.
Mangalam Global Enterprise's return on assets of this year was 0.08136201. Mangalam Global Enterprise's return on assets of last year was 0.05501771.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mangalam Global Enterprise's gearing of this year was 0.02182844. Mangalam Global Enterprise's gearing of last year was 0.03744117.
==> 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
Mangalam Global Enterprise's current ratio of this year was 1.36905842. Mangalam Global Enterprise's current ratio of last year was 1.45594286.
==> 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.
Mangalam Global Enterprise's number of shares in issue this year was 330.091. Mangalam Global Enterprise's number of shares in issue last year was 320.851.
==> 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.
Mangalam Global Enterprise's gross margin of this year was 0.02903612. Mangalam Global Enterprise's gross margin of last year was 0.03426641.
==> 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
Mangalam Global Enterprise's asset turnover of this year was 6.08914117. Mangalam Global Enterprise's asset turnover of last year was 5.43352996.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mangalam Global Enterprise has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Mangalam Global Enterprise (NSE:MGEL) has a Piotroski F-Score of 6 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mangalam Global Enterprise and its competitors. This is near median its historical median of 6.00. Over the past decade, Mangalam Global Enterprise's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Mangalam Global Enterprise ranks #509 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Mangalam Global Enterprise's Piotroski F-Score too high?
Mangalam Global Enterprise's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Mangalam Global Enterprise's value of 6 is 20% above this industry median. Based on the distribution chart, Mangalam Global Enterprise ranks #509 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Mangalam Global Enterprise has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Global Enterprise's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mangalam Global Enterprise ranks #509 out of 1909 companies for Piotroski F-Score. This puts Mangalam Global Enterprise in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mangalam Global Enterprise's value of 6 is 20% above this benchmark. Historically, Mangalam Global Enterprise's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Mangalam Global Enterprise 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Mangalam Global Enterprise'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 Mangalam Global Enterprise and its competitors. For the Consumer Packaged Goods 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. Mangalam Global Enterprise's current Piotroski F-Score is 6, which is near 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 Mangalam Global Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Global Enterprise (NSE:MGEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.27, compared to a current price of ₹16.85 — trading 12.6% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Mangalam Global Enterprise's overall GF Score™ is 85/100 with 3 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 Mangalam Global Enterprise (NSE:MGEL), the current Piotroski F-Score is 6 as of Jul. 04, 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 Mangalam Global Enterprise (NSE:MGEL) Overvalued in 2026?
Based on GuruFocus' analysis, Mangalam Global Enterprise stock appears to be undervalued.
The current stock price of ₹16.85 is trading 12.6% below its estimated GF Value™ of ₹19.27.
GuruFocus considers Mangalam Global Enterprise to be Modestly Undervalued.
Key valuation signals for NSE:MGEL:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ₹19.27 vs. price of ₹16.85 (12.6% below fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#509 of 1909)
No single metric tells the full story. See the NSE:MGEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangalam Global Enterprise Ltd is an Indian firm engaged in the manufacturing of agro-based commodities. It is involved mainly in the manufacturing, trading, and import of Edible and Non-edible oils and Agricultural products, including soya oil, soya meal, Mustard Oil, Refined Vegetable Oil, Cotton Bales, and Cotton Cake Cattle Feed, among others. The company also trades Wheat and Rice domestically, and in international markets through exports. Geographically, the company generates a majority of its revenue from its business in India and the rest from other countries.
85GF Score
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