WS-SK Target Group (HKSE:08427) Piotroski F-Score: 5 (As of Aug. 25, 2026) — 67% Above Median

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HKSE:08427 WS-SK Target Group Ltd HKSE:08427
60 GF Score
Price HK$4.00
GF Value HK$3.39
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is WS-SK Target Group Piotroski F-Score?

WS-SK Target Group HKSE:08427 60 Piotroski F-Score is 5 as of Aug. 25, 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates HKSE:08427 with a GF Score™ of 60/100 and a GF Value™ of HK$3.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 391 Building Materials companies, WS-SK Target Group ranks worse than 50.38% 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

WS-SK Target Group 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 WS-SK Target Group's Piotroski F-Score or its related term are showing as below:

HKSE:08427' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 6
Current: 5

During the past 11 years, the highest Piotroski F-Score of WS-SK Target Group was 6. The lowest was 2. And the median was 3.

WS-SK Target Group  (HKSE:08427) 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.


WS-SK Target Group Piotroski F-Score Related Terms


WS-SK Target Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for WS-SK Target Group'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.

WS-SK Target Group Piotroski F-Score Chart

WS-SK Target Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 6.00 3.00 5.00

WS-SK Target Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 3.00 0.00 5.00 0.00

HKSE:08427 vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, WS-SK Target Group'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.


WS-SK Target Group Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, WS-SK Target Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where WS-SK Target Group's Piotroski F-Score falls into.


HKSE:08427
60GF Score
WS-SK Target Group Ltd HKSE:08427
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 (May25) TTM:Last Year (May24) TTM:
Net Income was HK$0.15 Mil.
Cash Flow from Operations was HK$11.83 Mil.
Revenue was HK$57.71 Mil.
Gross Profit was HK$17.17 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was (83.832 + 100.892) / 2 = HK$92.362 Mil.
Total Assets at the begining of this year (May24) was HK$83.83 Mil.
Long-Term Debt & Capital Lease Obligation was HK$11.43 Mil.
Total Current Assets was HK$59.93 Mil.
Total Current Liabilities was HK$22.12 Mil.
Net Income was HK$0.18 Mil.

Revenue was HK$50.82 Mil.
Gross Profit was HK$14.18 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was (87.987 + 83.832) / 2 = HK$85.9095 Mil.
Total Assets at the begining of last year (May23) was HK$87.99 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.
Total Current Assets was HK$70.57 Mil.
Total Current Liabilities was HK$23.55 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.

WS-SK Target Group's current Net Income (TTM) was 0.15. ==> 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.

WS-SK Target Group's current Cash Flow from Operations (TTM) was 11.83. ==> 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 (May24)
=0.15/83.832
=0.00178929

ROA (Last Year)=Net Income/Total Assets (May23)
=0.179/87.987
=0.00203439

WS-SK Target Group's return on assets of this year was 0.00178929. WS-SK Target Group's return on assets of last year was 0.00203439. ==> 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.

WS-SK Target Group's current Net Income (TTM) was 0.15. WS-SK Target Group's current Cash Flow from Operations (TTM) was 11.83. ==> 11.83 > 0.15 ==> 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: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=11.429/92.362
=0.12374137

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=0/85.9095
=0

WS-SK Target Group's gearing of this year was 0.12374137. WS-SK Target Group's gearing of last year was 0. ==> 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: May25)=Total Current Assets/Total Current Liabilities
=59.932/22.121
=2.70928077

Current Ratio (Last Year: May24)=Total Current Assets/Total Current Liabilities
=70.57/23.546
=2.99711204

WS-SK Target Group's current ratio of this year was 2.70928077. WS-SK Target Group's current ratio of last year was 2.99711204. ==> 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.

WS-SK Target Group's number of shares in issue this year was 16.008. WS-SK Target Group's number of shares in issue last year was 13.576. ==> 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
=17.169/57.713
=0.2974893

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14.178/50.824
=0.27896269

WS-SK Target Group's gross margin of this year was 0.2974893. WS-SK Target Group's gross margin of last year was 0.27896269. ==> 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 (May24)
=57.713/83.832
=0.6884364

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=50.824/87.987
=0.57763079

WS-SK Target Group's asset turnover of this year was 0.6884364. WS-SK Target Group's asset turnover of last year was 0.57763079. ==> 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+0+1+0+0+0+1+1
=5

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

WS-SK Target Group 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?
WS-SK Target Group (HKSE:08427) has a Piotroski F-Score of 5 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on WS-SK Target Group and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, WS-SK Target Group's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, WS-SK Target Group ranks #197 out of 391 companies in the Building Materials industry, placing it in the top 50.4%.
Is WS-SK Target Group's Piotroski F-Score too high?
WS-SK Target Group's current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Building Materials industry median Piotroski F-Score is 6.00. WS-SK Target Group's value of 5 is 16.7% below this industry median. Based on the distribution chart, WS-SK Target Group ranks #197 out of 391 companies in the Building Materials industry, which is below the industry midpoint. Overall, WS-SK Target Group has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WS-SK Target Group's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, WS-SK Target Group ranks #197 out of 391 companies for Piotroski F-Score. This places WS-SK Target Group in the lower half of its industry. The industry median Piotroski F-Score is 6.00. WS-SK Target Group's value of 5 is 16.7% below this benchmark. Historically, WS-SK Target Group's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, WS-SK Target Group 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 6.00, based on 391 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. WS-SK Target Group's current Piotroski F-Score of 5 is 16.7% 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 WS-SK Target Group and its competitors. For the Building Materials 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. WS-SK Target Group's current Piotroski F-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WS-SK Target Group stock overvalued right now?
Based on GuruFocus' analysis, WS-SK Target Group (HKSE:08427) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$3.39, compared to a current price of HK$4.00 — trading 18% above its estimated fair value. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 16.7% below the Building Materials industry median of 6.00. WS-SK Target Group's overall GF Score™ is 60/100 with 2 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 WS-SK Target Group (HKSE:08427), the current Piotroski F-Score is 5 as of Aug. 25, 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 WS-SK Target Group (HKSE:08427) Overvalued in 2026?

Based on GuruFocus' analysis, WS-SK Target Group stock appears to be overvalued. The current stock price of HK$4.00 is trading 18% above its estimated GF Value™ of HK$3.39. GuruFocus considers WS-SK Target Group to be Modestly Overvalued.

Key valuation signals for HKSE:08427:

  • Piotroski F-Score: 5 (67% above median its 10-year median of 3.00)
  • GF Value™: HK$3.39 vs. price of HK$4.00 (18% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 16.7% below the Building Materials median (#197 of 391)

No single metric tells the full story. See the HKSE:08427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WS-SK Target Group Business Description

Address No. 18, Jalan LP 2A/2, Taman Lestari Perdana, Darul Ehsan, Seri Kembangan, SGR, MYS, 43300
WS-SK Target Group Ltd is an investment holding company engaged in the manufacturing and trading of precast concrete junction boxes. The company has three segments: Manufacturing and trading, which involves manufacturing and trading of precast concrete junction boxes; Other building materials and services, which involves trading of accessories and pipes and provision of mobile crane rental and ancillary services; and E-Commerce platform, which involves sourcing and sales of products online. Geographically, it derives a majority of revenue from Malaysia.
60GF Score

Get the complete analysis for HKSE:08427

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

HK$4.00
Price
HK$3.39
GF Value