Unilever Nepal (XNEP:UNL) Piotroski F-Score: 5 (As of Jul. 19, 2026) — 17% Below Median

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XNEP:UNL Unilever Nepal Ltd XNEP:UNL
99 GF Score
Price NPR47,200.00
GF Value NPR41,174.20
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Unilever Nepal Piotroski F-Score?

Unilever Nepal XNEP:UNL 99 Piotroski F-Score is 5 as of Jul. 19, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates XNEP:UNL with a GF Score™ of 99/100 and a GF Value™ of NPR41,174.20 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, Unilever Nepal ranks better than 51.75% 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

Unilever Nepal has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Unilever Nepal's Piotroski F-Score or its related term are showing as below:

XNEP:UNL' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 5

During the past 10 years, the highest Piotroski F-Score of Unilever Nepal was 9. The lowest was 5. And the median was 6.

Unilever Nepal  (XNEP:UNL) 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.


Unilever Nepal Piotroski F-Score Related Terms


Unilever Nepal Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Unilever Nepal'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.

Unilever Nepal Piotroski F-Score Chart

Unilever Nepal 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 9.00 7.00 6.00 7.00 5.00

Unilever Nepal Semi-Annual Data
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 9.00 7.00 6.00 7.00 5.00

XNEP:UNL vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Unilever Nepal'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.


Unilever Nepal Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nepal's Piotroski F-Score distribution charts can be found below:

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


XNEP:UNL
99GF Score
Unilever Nepal Ltd XNEP:UNL
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 NPR1,973 Mil.
Cash Flow from Operations was NPR2,198 Mil.
Revenue was NPR8,246 Mil.
Gross Profit was NPR4,280 Mil.
Average Total Assets from the begining of this year (Jul24)
to the end of this year (Jul25) was (7080.746 + 7895.543) / 2 = NPR7488.1445 Mil.
Total Assets at the begining of this year (Jul24) was NPR7,081 Mil.
Long-Term Debt & Capital Lease Obligation was NPR297 Mil.
Total Current Assets was NPR5,915 Mil.
Total Current Liabilities was NPR2,344 Mil.
Net Income was NPR1,955 Mil.

Revenue was NPR8,240 Mil.
Gross Profit was NPR4,254 Mil.
Average Total Assets from the begining of last year (Jul23)
to the end of last year (Jul24) was (6495.108 + 7080.746) / 2 = NPR6787.927 Mil.
Total Assets at the begining of last year (Jul23) was NPR6,495 Mil.
Long-Term Debt & Capital Lease Obligation was NPR172 Mil.
Total Current Assets was NPR5,266 Mil.
Total Current Liabilities was NPR2,037 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.

Unilever Nepal's current Net Income (TTM) was 1,973. ==> 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.

Unilever Nepal's current Cash Flow from Operations (TTM) was 2,198. ==> 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)
=1972.58/7080.746
=0.27858364

ROA (Last Year)=Net Income/Total Assets (Jul23)
=1955.043/6495.108
=0.30100239

Unilever Nepal's return on assets of this year was 0.27858364. Unilever Nepal's return on assets of last year was 0.30100239. ==> Last year is higher ==> Score 0.

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.

Unilever Nepal's current Net Income (TTM) was 1,973. Unilever Nepal's current Cash Flow from Operations (TTM) was 2,198. ==> 2,198 > 1,973 ==> 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
=296.813/7488.1445
=0.03963772

Gearing (Last Year: Jul24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jul23 to Jul24
=171.718/6787.927
=0.02529756

Unilever Nepal's gearing of this year was 0.03963772. Unilever Nepal's gearing of last year was 0.02529756. ==> 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: Jul25)=Total Current Assets/Total Current Liabilities
=5915.415/2343.982
=2.52366059

Current Ratio (Last Year: Jul24)=Total Current Assets/Total Current Liabilities
=5266.429/2037.237
=2.58508411

Unilever Nepal's current ratio of this year was 2.52366059. Unilever Nepal's current ratio of last year was 2.58508411. ==> 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.

Unilever Nepal's number of shares in issue this year was 0.921. Unilever Nepal's number of shares in issue last year was 0.921. ==> 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
=4280.097/8245.735
=0.51906798

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4253.915/8239.839
=0.51626191

Unilever Nepal's gross margin of this year was 0.51906798. Unilever Nepal's gross margin of last year was 0.51626191. ==> 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)
=8245.735/7080.746
=1.16452913

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jul23)
=8239.839/6495.108
=1.26862232

Unilever Nepal's asset turnover of this year was 1.16452913. Unilever Nepal's asset turnover of last year was 1.26862232. ==> 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+0+1+0+0+1+1+0
=5

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

Unilever Nepal has an F-score of 5 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 5 mean?
Unilever Nepal (XNEP:UNL) has a Piotroski F-Score of 5 as of Jul. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Unilever Nepal and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Unilever Nepal's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Unilever Nepal ranks #924 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 48.3%.
Is Unilever Nepal's Piotroski F-Score too high?
Unilever Nepal's current Piotroski F-Score of 5 is 17% below 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Unilever Nepal's value of 5 is 0% at this industry median. Based on the distribution chart, Unilever Nepal ranks #924 out of 1915 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Unilever Nepal has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Nepal's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unilever Nepal ranks #924 out of 1915 companies for Piotroski F-Score. This puts Unilever Nepal in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Unilever Nepal's value of 5 is 0% at this benchmark. Historically, Unilever Nepal's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Unilever Nepal 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,915 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. Unilever Nepal's current Piotroski F-Score of 5 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 Unilever Nepal 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. Unilever Nepal's current Piotroski F-Score is 5, which is 17% 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 Unilever Nepal stock overvalued right now?
Based on GuruFocus' analysis, Unilever Nepal (XNEP:UNL) is currently considered Modestly Overvalued. The stock's GF Value™ is NPR41,174.20, compared to a current price of NPR47,200.00 — trading 14.6% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Unilever Nepal's overall GF Score™ is 99/100 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 Unilever Nepal (XNEP:UNL), the current Piotroski F-Score is 5 as of Jul. 19, 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 Unilever Nepal (XNEP:UNL) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Nepal stock appears to be overvalued. The current stock price of NPR47,200.00 is trading 14.6% above its estimated GF Value™ of NPR41,174.20. GuruFocus considers Unilever Nepal to be Modestly Overvalued.

Key valuation signals for XNEP:UNL:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: NPR41,174.20 vs. price of NPR47,200.00 (14.6% above fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#924 of 1915)

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


Unilever Nepal Business Description

Address Hetauda-3, Basamadi, Makwanpur, Hetauda, NPL
Unilever Nepal Ltd is engaged in manufacturing and selling personal products for the domestic market and exports to India. The company operates in a single segment namely Fast-moving consumer goods (FMCG) which mainly consist of products like detergents, scourers, laundry soaps, toilet soaps, Personal and Beauty Care Products and Food Products.
99GF Score

Get the complete analysis for XNEP:UNL

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

NPR47,200.00
Price
NPR41,174.20
GF Value