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Malee Group PCLBKK:MALEE +0.50%69 Piotroski F-Score is 4 as of Aug. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates BKK:MALEE with a GF Score™ of 69/100 and a GF Value™ of ฿6.51 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,918 Consumer Packaged Goods companies, Malee Group PCL ranks worse than 68.46% 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
Malee Group PCL 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 Malee Group PCL's Piotroski F-Score or its related term are showing as below:
BKK:MALEE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of Malee Group PCL was 9. The lowest was 3. And the median was 5.
Malee Group PCL (BKK:MALEE) 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.
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.
Malee Group PCL Piotroski F-Score Related Terms
Malee Group PCL Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Malee Group PCL'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.
BKK:MALEE vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Malee Group PCL'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.
Malee Group PCL Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Malee Group PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Malee Group PCL's Piotroski F-Score falls into.
* 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.
*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.
Malee Group PCL's current Net Income (TTM) was 83.
==> 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.
Malee Group PCL's return on assets of this year was 0.01498123. Malee Group PCL's return on assets of last year was 0.04301288.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Malee Group PCL's gearing of this year was 0.05377087. Malee Group PCL's gearing of last year was 0.12992314.
==> 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
Malee Group PCL's current ratio of this year was 1.28883617. Malee Group PCL's current ratio of last year was 1.39409635.
==> 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.
Malee Group PCL's number of shares in issue this year was 568.167. Malee Group PCL's number of shares in issue last year was 540.8.
==> 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.
Malee Group PCL's gross margin of this year was 0.16894422. Malee Group PCL's gross margin of last year was 0.1980043.
==> 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
Malee Group PCL's asset turnover of this year was 1.39043035. Malee Group PCL's asset turnover of last year was 1.42942263.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Malee Group PCL has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Malee Group PCL (BKK:MALEE) has a Piotroski F-Score of 4 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Malee Group PCL and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Malee Group PCL's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Malee Group PCL ranks #1313 out of 1918 companies in the Consumer Packaged Goods industry, placing it in the top 68.5%.
Is Malee Group PCL's Piotroski F-Score too high?
Malee Group PCL's current Piotroski F-Score of 4 is 20% below 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 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Malee Group PCL's value of 4 is 20% below this industry median. Based on the distribution chart, Malee Group PCL ranks #1313 out of 1918 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Malee Group PCL has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malee Group PCL's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Malee Group PCL ranks #1313 out of 1918 companies for Piotroski F-Score. This places Malee Group PCL in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Malee Group PCL's value of 4 is 20% below this benchmark. Historically, Malee Group PCL's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Malee Group PCL 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 1,918 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. Malee Group PCL'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 Malee Group PCL 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. Malee Group PCL's current Piotroski F-Score is 4, which is 20% below 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 Malee Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Malee Group PCL (BKK:MALEE) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.51, compared to a current price of ฿4.02 — trading 38.2% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Malee Group PCL's overall GF Score™ is 69/100 with 5 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 Malee Group PCL (BKK:MALEE), the current Piotroski F-Score is 4 as of Aug. 27, 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 Malee Group PCL (BKK:MALEE) Overvalued in 2026?
Based on GuruFocus' analysis, Malee Group PCL stock appears to be undervalued.
The current stock price of ฿4.02 is trading 38.2% below its estimated GF Value™ of ฿6.51.
GuruFocus considers Malee Group PCL to be Significantly Undervalued.
Key valuation signals for BKK:MALEE:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: ฿6.51 vs. price of ฿4.02 (38.2% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1313 of 1918)
No single metric tells the full story. See the BKK:MALEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malee Group PCL is engaged in the production and distribution of canned agriculture products such as fruit juices, and non-alcohol beverages for local and export, as well as operations in agriculture and dairy farm. It offers Fruit juices, Vegetable mixed fruit juices, Pasteurized juices, Canned fruits, Pasteurized milk, Corn milk, and other similar products. The company's reportable segments are; Agriculture products, Other beverages, Agriculture and dairy farm and Office buildings for rent. Majority of the revenue is generated from its Agriculture products segment which manufactures and distributes fruit juices, canned fruit, coffee, tea and dairy products. A substantial portion of its overall revenue is generated from Thailand and rest from overseas markets.
69GF Score
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