Digistar BhdXKLS:0029 Piotroski F-Score is 6 as of Jul. 05, 2026, which is 50% above its 10-year median of 4.00. The stock has 3 warning signs investors should review. Among 555 Conglomerates companies, Digistar Bhd ranks better than 71.71% 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
Digistar Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Digistar Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0029'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 4 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Digistar Bhd was 8. The lowest was 3. And the median was 4.
Digistar Bhd (XKLS:0029) 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.
Digistar Bhd Piotroski F-Score Related Terms
Digistar Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Digistar Bhd'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.
XKLS:0029 vs HON, MMM: Piotroski F-Score Comparison
For the Conglomerates subindustry, Digistar Bhd'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.
Digistar Bhd Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Digistar Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Digistar Bhd'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.
Digistar Bhd's current Net Income (TTM) was -2.18.
==> Negative ==> Score 0.
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.
Digistar Bhd's return on assets of this year was -0.00711996. Digistar Bhd's return on assets of last year was -0.01630687.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Digistar Bhd's gearing of this year was 0.51914059. Digistar Bhd's gearing of last year was 0.561575.
==> 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
Digistar Bhd's current ratio of this year was 1.46980286. Digistar Bhd's current ratio of last year was 1.54129726.
==> 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.
Digistar Bhd's number of shares in issue this year was 629.939. Digistar Bhd's number of shares in issue last year was 539.885.
==> 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.
Digistar Bhd's gross margin of this year was 0.76387891. Digistar Bhd's gross margin of last year was 0.69922758.
==> 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
Digistar Bhd's asset turnover of this year was 0.15000881. Digistar Bhd's asset turnover of last year was 0.14312173.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Digistar Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Digistar Bhd (XKLS:0029) has a Piotroski F-Score of 6 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Digistar Bhd and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Digistar Bhd's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Digistar Bhd ranks #157 out of 555 companies in the Conglomerates industry, placing it in the top 28.3%.
Is Digistar Bhd's Piotroski F-Score too high?
Digistar Bhd's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. Digistar Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Digistar Bhd ranks #157 out of 555 companies in the Conglomerates industry, which is above the industry midpoint.
How does Digistar Bhd's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Digistar Bhd ranks #157 out of 555 companies for Piotroski F-Score. This puts Digistar Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Digistar Bhd's value of 6 is 20% above this benchmark. Historically, Digistar Bhd's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Digistar Bhd 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 a Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. Digistar Bhd's current Piotroski F-Score of 6 is 20% 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 Digistar Bhd and its competitors. For the Conglomerates 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. Digistar Bhd's current Piotroski F-Score is 6, which is 50% above 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 Digistar Bhd stock overvalued right now?
Based on GuruFocus' analysis, Digistar Bhd (XKLS:0029) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.04 — trading 20% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Conglomerates industry median of 5.00. 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 Digistar Bhd (XKLS:0029), the current Piotroski F-Score is 6 as of Jul. 05, 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.
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental and hotel segment, Concession segment, and Property development segment. The company generates the majority of its revenue from the Concession segment. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities and Infrastructure for JKR Training Institute and to carry out the Asset Management Services. It operates in a single geographical segment, which is Malaysia.
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