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Mos Utility (NSE:MOS) Piotroski F-Score : 6 (As of Apr. 05, 2025)


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What is Mos Utility Piotroski F-Score?

The zones of discrimination were as such:

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

Mos Utility 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 Mos Utility's Piotroski F-Score or its related term are showing as below:

NSE:MOS' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 6
Current: 6

During the past 5 years, the highest Piotroski F-Score of Mos Utility was 6. The lowest was 6. And the median was 6.


Mos Utility Piotroski F-Score Historical Data

The historical data trend for Mos Utility'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.

* Premium members only.

Mos Utility Piotroski F-Score Chart

Mos Utility Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Piotroski F-Score
N/A N/A 6.00 6.00 6.00

Mos Utility Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Piotroski F-Score Get a 7-Day Free Trial - 6.00 - 6.00 -

Competitive Comparison of Mos Utility's Piotroski F-Score

For the Software - Infrastructure subindustry, Mos Utility'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.


Mos Utility's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Mos Utility's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mos Utility's Piotroski F-Score falls into.


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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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was ₹112 Mil.
Cash Flow from Operations was ₹-137 Mil.
Revenue was ₹1,867 Mil.
Gross Profit was ₹175 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was (524.759 + 1055.96) / 2 = ₹790.3595 Mil.
Total Assets at the begining of this year (Mar23) was ₹525 Mil.
Long-Term Debt & Capital Lease Obligation was ₹10 Mil.
Total Current Assets was ₹661 Mil.
Total Current Liabilities was ₹249 Mil.
Net Income was ₹57 Mil.

Revenue was ₹1,061 Mil.
Gross Profit was ₹103 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was (351.348 + 524.759) / 2 = ₹438.0535 Mil.
Total Assets at the begining of last year (Mar22) was ₹351 Mil.
Long-Term Debt & Capital Lease Obligation was ₹49 Mil.
Total Current Assets was ₹268 Mil.
Total Current Liabilities was ₹114 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.

Mos Utility's current Net Income (TTM) was 112. ==> 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.

Mos Utility's current Cash Flow from Operations (TTM) was -137. ==> 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 (Mar23)
=112.414/524.759
=0.21422024

ROA (Last Year)=Net Income/Total Assets (Mar22)
=56.806/351.348
=0.16168016

Mos Utility's return on assets of this year was 0.21422024. Mos Utility's return on assets of last year was 0.16168016. ==> This year is higher. ==> Score 1.

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.

Mos Utility's current Net Income (TTM) was 112. Mos Utility's current Cash Flow from Operations (TTM) was -137. ==> -137 <= 112 ==> CFROA <= ROA ==> Score 0.

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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=9.818/790.3595
=0.0124222

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=49.353/438.0535
=0.11266432

Mos Utility's gearing of this year was 0.0124222. Mos Utility's gearing of last year was 0.11266432. ==> 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

Current Ratio (This Year: Mar24)=Total Current Assets/Total Current Liabilities
=661.198/249.218
=2.65309087

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=267.981/114.255
=2.34546409

Mos Utility's current ratio of this year was 2.65309087. Mos Utility's current ratio of last year was 2.34546409. ==> 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.

Mos Utility's number of shares in issue this year was 24.936. Mos Utility's number of shares in issue last year was 24.936. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=175.095/1866.568
=0.09380585

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=103.329/1061.437
=0.09734822

Mos Utility's gross margin of this year was 0.09380585. Mos Utility's gross margin of last year was 0.09734822. ==> 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 (Mar23)
=1866.568/524.759
=3.55700045

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=1061.437/351.348
=3.02104182

Mos Utility's asset turnover of this year was 3.55700045. Mos Utility's asset turnover of last year was 3.02104182. ==> 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
=1+0+1+0+1+1+1+0+1
=6

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

Mos Utility has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Mos Utility  (NSE:MOS) 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.


Mos Utility Piotroski F-Score Related Terms

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Mos Utility Business Description

Traded in Other Exchanges
N/A
Address
Atul First Avenue, Mulund Link Road, 12th Floor, Above Kia Motors Showroom, Goregaon, Malad West, Mumbai, MH, IND, 400064
Mos Utility Ltd provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model. The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's Vocal for Local campaign. The company recognises revenue from the sale of Adhar Enabled Payment System and Micro ATM devices. The company has six primary business segments, namely: banking, travel, insurance, utility services, entertainment services, and other services.