M V K Agro food product (NSE:MVKAGRO) Piotroski F-Score: 4 (As of Aug. 11, 2026) — 33% Below Median

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NSE:MVKAGRO M V K Agro food product Ltd NSE:MVKAGRO
42 GF Score
Price ₹254.20
! 6 Warning Signs
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What is M V K Agro food product Piotroski F-Score?

M V K Agro food product NSE:MVKAGRO +5.00% 42 Piotroski F-Score is 4 as of Aug. 11, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates NSE:MVKAGRO with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, M V K Agro food product ranks worse than 67.87% 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

M V K Agro food product has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for M V K Agro food product's Piotroski F-Score or its related term are showing as below:

NSE:MVKAGRO' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 6
Current: 4

During the past 6 years, the highest Piotroski F-Score of M V K Agro food product was 6. The lowest was 4. And the median was 6.

M V K Agro food product  (NSE:MVKAGRO) 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.


M V K Agro food product Piotroski F-Score Related Terms


M V K Agro food product Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for M V K Agro food product'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.

M V K Agro food product Piotroski F-Score Chart

M V K Agro food product Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 6.00 5.00 4.00

M V K Agro food product Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 6.00 0.00 5.00 0.00 4.00

NSE:MVKAGRO vs MDLZ, HSY, TR: Piotroski F-Score Comparison

For the Confectioners subindustry, M V K Agro food product'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.


M V K Agro food product Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M V K Agro food product's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where M V K Agro food product's Piotroski F-Score falls into.


NSE:MVKAGRO
42GF Score
M V K Agro food product Ltd NSE:MVKAGRO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 ₹466 Mil.
Cash Flow from Operations was ₹-203 Mil.
Revenue was ₹3,199 Mil.
Gross Profit was ₹854 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2711.542 + 8767.275) / 2 = ₹5739.4085 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,712 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,157 Mil.
Total Current Assets was ₹3,228 Mil.
Total Current Liabilities was ₹2,067 Mil.
Net Income was ₹93 Mil.

Revenue was ₹1,497 Mil.
Gross Profit was ₹327 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2821.814 + 2711.542) / 2 = ₹2766.678 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,822 Mil.
Long-Term Debt & Capital Lease Obligation was ₹695 Mil.
Total Current Assets was ₹1,754 Mil.
Total Current Liabilities was ₹1,093 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.

M V K Agro food product's current Net Income (TTM) was 466. ==> 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.

M V K Agro food product's current Cash Flow from Operations (TTM) was -203. ==> 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)
=466.315/2711.542
=0.1719741

ROA (Last Year)=Net Income/Total Assets (Mar24)
=93.334/2821.814
=0.03307589

M V K Agro food product's return on assets of this year was 0.1719741. M V K Agro food product's return on assets of last year was 0.03307589. ==> 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.

M V K Agro food product's current Net Income (TTM) was 466. M V K Agro food product's current Cash Flow from Operations (TTM) was -203. ==> -203 <= 466 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2156.509/5739.4085
=0.37573715

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=695.337/2766.678
=0.2513256

M V K Agro food product's gearing of this year was 0.37573715. M V K Agro food product's gearing of last year was 0.2513256. ==> 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
=3227.71/2067.118
=1.56145416

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1753.836/1093.402
=1.60401755

M V K Agro food product's current ratio of this year was 1.56145416. M V K Agro food product's current ratio of last year was 1.60401755. ==> 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.

M V K Agro food product's number of shares in issue this year was 38.225. M V K Agro food product's number of shares in issue last year was 15.49. ==> 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
=854.315/3198.902
=0.26706507

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=326.95/1497.321
=0.21835665

M V K Agro food product's gross margin of this year was 0.26706507. M V K Agro food product's gross margin of last year was 0.21835665. ==> This year's gross margin is higher. ==> Score 1.

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)
=3198.902/2711.542
=1.17973537

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1497.321/2821.814
=0.53062356

M V K Agro food product's asset turnover of this year was 1.17973537. M V K Agro food product's asset turnover of last year was 0.53062356. ==> 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+0+0+0+1+1
=4

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

M V K Agro food product has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
M V K Agro food product (NSE:MVKAGRO) has a Piotroski F-Score of 4 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on M V K Agro food product and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, M V K Agro food product's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, M V K Agro food product ranks #1295 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 67.9%.
Is M V K Agro food product's Piotroski F-Score too high?
M V K Agro food product's current Piotroski F-Score of 4 is 33% below 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 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. M V K Agro food product's value of 4 is 20% below this industry median. Based on the distribution chart, M V K Agro food product ranks #1295 out of 1908 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, M V K Agro food product has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does M V K Agro food product's Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, M V K Agro food product ranks #1295 out of 1908 companies for Piotroski F-Score. This places M V K Agro food product in the lower half of its industry. The industry median Piotroski F-Score is 5.00. M V K Agro food product's value of 4 is 20% below this benchmark. Historically, M V K Agro food product's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, M V K Agro food product 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,908 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. M V K Agro food product's current Piotroski F-Score of 4 is 20% 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 M V K Agro food product 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. M V K Agro food product's current Piotroski F-Score is 4, which is 33% below 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 M V K Agro food product stock overvalued right now?
M V K Agro food product (NSE:MVKAGRO) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. M V K Agro food product's overall GF Score™ is 42/100 with 6 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 M V K Agro food product (NSE:MVKAGRO), the current Piotroski F-Score is 4 as of Aug. 11, 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.

M V K Agro food product Business Description

Address GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807
M V K Agro Food Product Ltd is engaged in the business of a variety of agro-commodities across the commodity value chain. The company is involved in manufacturing, subclassified into the manufacture of food products, and mainly manufactures jaggery from sugarcane. In addition to sugar, it commercializes and sells by-products and waste products, namely molasses, bagasse, and pressmud. The company is also engaged in power generation for captive consumption.
42GF Score

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