Arun Valley Hydro Power Co (XNEP:AHPC) Piotroski F-Score: 6 (As of Jul. 12, 2026) — 20% Above Median


XNEP:AHPC Arun Valley Hydro Power Co Ltd XNEP:AHPC
93 GF Score
Price NPR261.50
GF Value NPR322.29
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Arun Valley Hydro Power Co Piotroski F-Score?

Arun Valley Hydro Power Co XNEP:AHPC +0.54% 93 Piotroski F-Score is 6 as of Jul. 12, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XNEP:AHPC with a GF Score™ of 93/100 and a GF Value™ of NPR322.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 490 Utilities - Regulated companies, Arun Valley Hydro Power Co ranks better than 69.39% 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

Arun Valley Hydro Power Co 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 Arun Valley Hydro Power Co's Piotroski F-Score or its related term are showing as below:

XNEP:AHPC' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 6

During the past 12 years, the highest Piotroski F-Score of Arun Valley Hydro Power Co was 7. The lowest was 3. And the median was 5.

Arun Valley Hydro Power Co  (XNEP:AHPC) 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.


Arun Valley Hydro Power Co Piotroski F-Score Related Terms


Arun Valley Hydro Power Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Arun Valley Hydro Power Co'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.

Arun Valley Hydro Power Co Piotroski F-Score Chart

Arun Valley Hydro Power Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 7.00 3.00 6.00

Arun Valley Hydro Power Co Quarterly Data
Jul20 Apr21 Jul21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 6.00 0.00 0.00

XNEP:AHPC vs NEE, SO, DUK: Piotroski F-Score Comparison

For the Utilities - Regulated Electric subindustry, Arun Valley Hydro Power Co'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.


Arun Valley Hydro Power Co Piotroski F-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Arun Valley Hydro Power Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Arun Valley Hydro Power Co's Piotroski F-Score falls into.


XNEP:AHPC
93GF Score
Arun Valley Hydro Power Co Ltd XNEP:AHPC
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 (Jul25) TTM:Last Year (Jul24) TTM:
Net Income was NPR433.3 Mil.
Cash Flow from Operations was NPR254.8 Mil.
Revenue was NPR274.7 Mil.
Gross Profit was NPR206.2 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (4390.346 + 4744.109) / 2 = NPR4567.2275 Mil.
Total Assets at the begining of this year (Jul24) was NPR4,390.3 Mil.
Long-Term Debt & Capital Lease Obligation was NPR244.3 Mil.
Total Current Assets was NPR1,737.6 Mil.
Total Current Liabilities was NPR194.5 Mil.
Net Income was NPR0.5 Mil.

Revenue was NPR110.2 Mil.
Gross Profit was NPR76.6 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (3487.475 + 4390.346) / 2 = NPR3938.9105 Mil.
Total Assets at the begining of last year (Jul23) was NPR3,487.5 Mil.
Long-Term Debt & Capital Lease Obligation was NPR361.3 Mil.
Total Current Assets was NPR1,379.0 Mil.
Total Current Liabilities was NPR151.1 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.

Arun Valley Hydro Power Co's current Net Income (TTM) was 433.3. ==> 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.

Arun Valley Hydro Power Co's current Cash Flow from Operations (TTM) was 254.8. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jul24)
=433.255/4390.346
=0.09868357

ROA (Last Year)=Net Income/Total Assets (Jul23)
=0.492/3487.475
=0.00014108

Arun Valley Hydro Power Co's return on assets of this year was 0.09868357. Arun Valley Hydro Power Co's return on assets of last year was 0.00014108. ==> 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.

Arun Valley Hydro Power Co's current Net Income (TTM) was 433.3. Arun Valley Hydro Power Co's current Cash Flow from Operations (TTM) was 254.8. ==> 254.8 <= 433.3 ==> 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: Jul25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul24 to Jul25
=244.31/4567.2275
=0.05349197

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=361.313/3938.9105
=0.09172917

Arun Valley Hydro Power Co's gearing of this year was 0.05349197. Arun Valley Hydro Power Co's gearing of last year was 0.09172917. ==> 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: Jul25)=Total Current Assets/Total Current Liabilities
=1737.565/194.467
=8.93501211

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=1379.002/151.057
=9.12901752

Arun Valley Hydro Power Co's current ratio of this year was 8.93501211. Arun Valley Hydro Power Co's current ratio of last year was 9.12901752. ==> 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.

Arun Valley Hydro Power Co's number of shares in issue this year was 40.404. Arun Valley Hydro Power Co's number of shares in issue last year was 30.38. ==> 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
=206.179/274.747
=0.75043222

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=76.64/110.211
=0.69539338

Arun Valley Hydro Power Co's gross margin of this year was 0.75043222. Arun Valley Hydro Power Co's gross margin of last year was 0.69539338. ==> 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 (Jul24)
=274.747/4390.346
=0.06257981

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=110.211/3487.475
=0.03160195

Arun Valley Hydro Power Co's asset turnover of this year was 0.06257981. Arun Valley Hydro Power Co's asset turnover of last year was 0.03160195. ==> 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+1+1+0+1+0+0+1+1
=6

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

Arun Valley Hydro Power Co has an F-score of 6 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 6 mean?
Arun Valley Hydro Power Co (XNEP:AHPC) has a Piotroski F-Score of 6 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Arun Valley Hydro Power Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Arun Valley Hydro Power Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Arun Valley Hydro Power Co ranks #150 out of 490 companies in the Utilities - Regulated industry, placing it in the top 30.6%.
Is Arun Valley Hydro Power Co's Piotroski F-Score too high?
Arun Valley Hydro Power Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Arun Valley Hydro Power Co's value of 6 is 0% at this industry median. Based on the distribution chart, Arun Valley Hydro Power Co ranks #150 out of 490 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Arun Valley Hydro Power Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arun Valley Hydro Power Co's Piotroski F-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Arun Valley Hydro Power Co ranks #150 out of 490 companies for Piotroski F-Score. This puts Arun Valley Hydro Power Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Arun Valley Hydro Power Co's value of 6 is 0% at this benchmark. Historically, Arun Valley Hydro Power Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Arun Valley Hydro Power Co has consistently been at 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 - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 490 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. Arun Valley Hydro Power Co's current Piotroski F-Score of 6 is 0% at 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 Arun Valley Hydro Power Co and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arun Valley Hydro Power Co's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arun Valley Hydro Power Co stock overvalued right now?
Based on GuruFocus' analysis, Arun Valley Hydro Power Co (XNEP:AHPC) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR322.29, compared to a current price of NPR261.50 — trading 18.9% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Utilities - Regulated industry median of 6.00. Arun Valley Hydro Power Co's overall GF Score™ is 93/100 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 Arun Valley Hydro Power Co (XNEP:AHPC), the current Piotroski F-Score is 6 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 Arun Valley Hydro Power Co (XNEP:AHPC) Overvalued in 2026?

Based on GuruFocus' analysis, Arun Valley Hydro Power Co stock appears to be undervalued. The current stock price of NPR261.50 is trading 18.9% below its estimated GF Value™ of NPR322.29. GuruFocus considers Arun Valley Hydro Power Co to be Modestly Undervalued.

Key valuation signals for XNEP:AHPC:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: NPR322.29 vs. price of NPR261.50 (18.9% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 0% at the Utilities - Regulated median (#150 of 490)

No single metric tells the full story. See the XNEP:AHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arun Valley Hydro Power Co Business Description

Address Trade Tower Nepal, 2nd Floor, Thapathali, Kathmandu, NPL
Arun Valley Hydro Power Co Ltd is a hydropower company. The company develops, builds, owns, and operates hydropower projects. Its projects include Pilowa Solar PV Project. The company is engaged in one segment, i.e. Generation and sale of electricity.
93GF Score

Get the complete analysis for XNEP:AHPC

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NPR261.50
Price
NPR322.29
GF Value