UOB-Kay Hian HoldingsFRA:4LJ -2.44%65 Piotroski F-Score is 2 as of Jun. 29, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates FRA:4LJ with a GF Score™ of 65/100 and a GF Value™ of €1.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 785 Capital Markets companies, UOB-Kay Hian Holdings ranks worse than 90.96% on this metric.
Warning Sign:
Piotroski F-Score of 2 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
UOB-Kay Hian Holdings has an F-score of 1. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for UOB-Kay Hian Holdings's Piotroski F-Score or its related term are showing as below:
FRA:4LJ'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 2
During the past 13 years, the highest Piotroski F-Score of UOB-Kay Hian Holdings was 7. The lowest was 2. And the median was 4.
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.
UOB-Kay Hian Holdings Piotroski F-Score Related Terms
UOB-Kay Hian Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for UOB-Kay Hian Holdings'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.
FRA:4LJ vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, UOB-Kay Hian Holdings'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.
UOB-Kay Hian Holdings Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, UOB-Kay Hian Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where UOB-Kay Hian Holdings'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.
UOB-Kay Hian Holdings's current Net Income (TTM) was 158.4.
==> 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.
UOB-Kay Hian Holdings's current Cash Flow from Operations (TTM) was -44.6.
==> 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.
UOB-Kay Hian Holdings's return on assets of this year was 0.04875358. UOB-Kay Hian Holdings's return on assets of last year was 0.05767534.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
UOB-Kay Hian Holdings's gearing of this year was 0.0038592. UOB-Kay Hian Holdings's gearing of last year was 0.00100169.
==> 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
UOB-Kay Hian Holdings's current ratio of this year was 1.64100357. UOB-Kay Hian Holdings's current ratio of last year was 1.80842571.
==> 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.
UOB-Kay Hian Holdings's number of shares in issue this year was 955.319. UOB-Kay Hian Holdings's number of shares in issue last year was 918.122.
==> 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.
UOB-Kay Hian Holdings's gross margin of this year was 0.42920323. UOB-Kay Hian Holdings's gross margin of last year was 0.45270638.
==> 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
UOB-Kay Hian Holdings's asset turnover of this year was 0.12702558. UOB-Kay Hian Holdings's asset turnover of last year was 0.13702503.
==> 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
UOB-Kay Hian Holdings has an F-score of 1. It is a bad or low score, which usually implies poor business operation.
UOB-Kay Hian Holdings (FRA:4LJ) has a Piotroski F-Score of 2 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on UOB-Kay Hian Holdings and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, UOB-Kay Hian Holdings' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, UOB-Kay Hian Holdings ranks #714 out of 785 companies in the Capital Markets industry, placing it in the top 91%.
Is UOB-Kay Hian Holdings' Piotroski F-Score too high?
UOB-Kay Hian Holdings' current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. UOB-Kay Hian Holdings' value of 2 is 60% below this industry median. Based on the distribution chart, UOB-Kay Hian Holdings ranks #714 out of 785 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, UOB-Kay Hian Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UOB-Kay Hian Holdings' Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, UOB-Kay Hian Holdings ranks #714 out of 785 companies for Piotroski F-Score. This places UOB-Kay Hian Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. UOB-Kay Hian Holdings' value of 2 is 60% below this benchmark. Historically, UOB-Kay Hian Holdings' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, UOB-Kay Hian Holdings 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 785 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. UOB-Kay Hian Holdings's current Piotroski F-Score of 2 is 60% 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 UOB-Kay Hian Holdings and its competitors. For the Capital Markets 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. UOB-Kay Hian Holdings's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UOB-Kay Hian Holdings stock overvalued right now?
Based on GuruFocus' analysis, UOB-Kay Hian Holdings (FRA:4LJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.35, compared to a current price of €2.40 — trading 77.8% above its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 60% below the Capital Markets industry median of 5.00. UOB-Kay Hian Holdings' overall GF Score™ is 65/100 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 UOB-Kay Hian Holdings (FRA:4LJ), the current Piotroski F-Score is 2 as of Jun. 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 UOB-Kay Hian Holdings (FRA:4LJ) Overvalued in 2026?
Based on GuruFocus' analysis, UOB-Kay Hian Holdings stock appears to be overvalued.
The current stock price of €2.40 is trading 77.8% above its estimated GF Value™ of €1.35.
GuruFocus considers UOB-Kay Hian Holdings to be Significantly Overvalued.
Key valuation signals for FRA:4LJ:
Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
GF Value™: €1.35 vs. price of €2.40 (77.8% above fair value)
Industry Position: 60% below the Capital Markets median (#714 of 785)
No single metric tells the full story. See the FRA:4LJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UOB-Kay Hian Holdings Ltd is a regional financial services group engaged in providing securities and futures broking and related services. The Group offers a wide multiple products, including bonds, contracts for difference, equities, exchange traded funds, futures and options, as well as other investment instruments, alongside wealth management services. It also provides corporate finance and advisory services such as IPO execution, secondary placements, fund raising, investor education, corporate access, and business partnerships, leveraging its distribution network and corporate relationships. The Group operates across multiple geographical segments, with Singapore generating the majority of revenue, followed by Hong Kong, Thailand, Malaysia, and other countries.
65GF Score
Get the complete analysis for FRA:4LJ
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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