Mailung Khola Jal Vidhyut Co (XNEP:MKJC) Piotroski F-Score: 7 (As of Jul. 29, 2026) — 17% Above Median

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XNEP:MKJC Mailung Khola Jal Vidhyut Co Ltd XNEP:MKJC
69 GF Score
Price NPR471.90
GF Value NPR540.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mailung Khola Jal Vidhyut Co Piotroski F-Score?

Mailung Khola Jal Vidhyut Co XNEP:MKJC -0.02% 69 Piotroski F-Score is 7 as of Jul. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates XNEP:MKJC with a GF Score™ of 69/100 and a GF Value™ of NPR540.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Mailung Khola Jal Vidhyut Co ranks better than 91.92% 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

Mailung Khola Jal Vidhyut Co 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 Mailung Khola Jal Vidhyut Co's Piotroski F-Score or its related term are showing as below:

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

During the past 5 years, the highest Piotroski F-Score of Mailung Khola Jal Vidhyut Co was 7. The lowest was 5. And the median was 6.

Mailung Khola Jal Vidhyut Co  (XNEP:MKJC) 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.


Mailung Khola Jal Vidhyut Co Piotroski F-Score Related Terms


Mailung Khola Jal Vidhyut Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mailung Khola Jal Vidhyut 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.

Mailung Khola Jal Vidhyut Co Piotroski F-Score Chart

Mailung Khola Jal Vidhyut Co Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
N/A N/A N/A 5.00 7.00

Mailung Khola Jal Vidhyut Co Quarterly Data
Jul22 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.00 0.00 0.00 0.00

Mailung Khola Jal Vidhyut Co Piotroski F-Score Competitor Comparison

For the Utilities - Renewable subindustry, Mailung Khola Jal Vidhyut 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.


Mailung Khola Jal Vidhyut Co Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mailung Khola Jal Vidhyut Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mailung Khola Jal Vidhyut Co's Piotroski F-Score falls into.


XNEP:MKJC
69GF Score
Mailung Khola Jal Vidhyut Co Ltd XNEP:MKJC
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 NPR2.99 Mil.
Cash Flow from Operations was NPR74.07 Mil.
Revenue was NPR89.20 Mil.
Gross Profit was NPR77.17 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (842.214 + 807.483) / 2 = NPR824.8485 Mil.
Total Assets at the begining of this year (Jul24) was NPR842.21 Mil.
Long-Term Debt & Capital Lease Obligation was NPR218.93 Mil.
Total Current Assets was NPR145.12 Mil.
Total Current Liabilities was NPR97.88 Mil.
Net Income was NPR0.92 Mil.

Revenue was NPR95.87 Mil.
Gross Profit was NPR82.59 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (838.714 + 842.214) / 2 = NPR840.464 Mil.
Total Assets at the begining of last year (Jul23) was NPR838.71 Mil.
Long-Term Debt & Capital Lease Obligation was NPR275.83 Mil.
Total Current Assets was NPR149.17 Mil.
Total Current Liabilities was NPR94.35 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.

Mailung Khola Jal Vidhyut Co's current Net Income (TTM) was 2.99. ==> 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.

Mailung Khola Jal Vidhyut Co's current Cash Flow from Operations (TTM) was 74.07. ==> 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)
=2.99/842.214
=0.00355017

ROA (Last Year)=Net Income/Total Assets (Jul23)
=0.92/838.714
=0.00109692

Mailung Khola Jal Vidhyut Co's return on assets of this year was 0.00355017. Mailung Khola Jal Vidhyut Co's return on assets of last year was 0.00109692. ==> 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.

Mailung Khola Jal Vidhyut Co's current Net Income (TTM) was 2.99. Mailung Khola Jal Vidhyut Co's current Cash Flow from Operations (TTM) was 74.07. ==> 74.07 > 2.99 ==> CFROA > ROA ==> Score 1.

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
=218.93/824.8485
=0.26541844

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=275.83/840.464
=0.32818776

Mailung Khola Jal Vidhyut Co's gearing of this year was 0.26541844. Mailung Khola Jal Vidhyut Co's gearing of last year was 0.32818776. ==> 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
=145.122/97.884
=1.48259164

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=149.174/94.353
=1.58102021

Mailung Khola Jal Vidhyut Co's current ratio of this year was 1.48259164. Mailung Khola Jal Vidhyut Co's current ratio of last year was 1.58102021. ==> 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.

Mailung Khola Jal Vidhyut Co's number of shares in issue this year was 3.763. Mailung Khola Jal Vidhyut Co's number of shares in issue last year was 3.763. ==> 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
=77.166/89.203
=0.86506059

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=82.59/95.871
=0.8614701

Mailung Khola Jal Vidhyut Co's gross margin of this year was 0.86506059. Mailung Khola Jal Vidhyut Co's gross margin of last year was 0.8614701. ==> 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)
=89.203/842.214
=0.10591489

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=95.871/838.714
=0.11430714

Mailung Khola Jal Vidhyut Co's asset turnover of this year was 0.10591489. Mailung Khola Jal Vidhyut Co's asset turnover of last year was 0.11430714. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+0+1+1+0
=7

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

Mailung Khola Jal Vidhyut Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Mailung Khola Jal Vidhyut Co (XNEP:MKJC) has a Piotroski F-Score of 7 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mailung Khola Jal Vidhyut Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Mailung Khola Jal Vidhyut Co's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Mailung Khola Jal Vidhyut Co ranks #34 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.1%.
Is Mailung Khola Jal Vidhyut Co's Piotroski F-Score too high?
Mailung Khola Jal Vidhyut Co'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 5.00 to a high of 7.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Mailung Khola Jal Vidhyut Co's value of 7 is 40% above this industry median. Based on the distribution chart, Mailung Khola Jal Vidhyut Co ranks #34 out of 421 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Mailung Khola Jal Vidhyut Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mailung Khola Jal Vidhyut Co's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mailung Khola Jal Vidhyut Co ranks #34 out of 421 companies for Piotroski F-Score. This places Mailung Khola Jal Vidhyut Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mailung Khola Jal Vidhyut Co's value of 7 is 40% above this benchmark. Historically, Mailung Khola Jal Vidhyut Co's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Mailung Khola Jal Vidhyut Co 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 421 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. Mailung Khola Jal Vidhyut Co'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 Mailung Khola Jal Vidhyut Co 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. Mailung Khola Jal Vidhyut Co'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 Mailung Khola Jal Vidhyut Co stock overvalued right now?
Based on GuruFocus' analysis, Mailung Khola Jal Vidhyut Co (XNEP:MKJC) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR540.75, compared to a current price of NPR471.90 — trading 12.7% below 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. Mailung Khola Jal Vidhyut Co's overall GF Score™ is 69/100 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 Mailung Khola Jal Vidhyut Co (XNEP:MKJC), the current Piotroski F-Score is 7 as of Jul. 29, 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 Mailung Khola Jal Vidhyut Co (XNEP:MKJC) Overvalued in 2026?

Based on GuruFocus' analysis, Mailung Khola Jal Vidhyut Co stock appears to be undervalued. The current stock price of NPR471.90 is trading 12.7% below its estimated GF Value™ of NPR540.75. GuruFocus considers Mailung Khola Jal Vidhyut Co to be Modestly Undervalued.

Key valuation signals for XNEP:MKJC:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: NPR540.75 vs. price of NPR471.90 (12.7% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 40% above the Utilities - Independent Power Producers median (#34 of 421)

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


Mailung Khola Jal Vidhyut Co Business Description

Address Uttar Dhoka, Tejbhawan, Kathmandu, NPL
Mailung Khola Jal Vidhyut Co Ltd is engaged in developing and investing in hydropower projects in Nepal. The company has developed a 5 MW Mailung Khola Hydropower Project in Rasuwa District, generating clean energy for Nepal.
69GF Score

Get the complete analysis for XNEP:MKJC

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

NPR471.90
Price
NPR540.75
GF Value