Propel Global Bhd (XKLS:0091) Piotroski F-Score: 1 (As of Jun. 27, 2026) — 75% Below Median


What is Propel Global Bhd Piotroski F-Score?

Propel Global Bhd XKLS:0091 Piotroski F-Score is 1 as of Jun. 27, 2026, which is 75% below its 10-year median of 4.00. The stock has 5 warning signs investors should review. Among 1,735 Construction companies, Propel Global Bhd ranks worse than 98.67% on this metric.

Warning Sign:

Piotroski F-Score of 1 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

Propel Global Bhd 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 Propel Global Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0091' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 1

During the past 13 years, the highest Piotroski F-Score of Propel Global Bhd was 7. The lowest was 1. And the median was 4.

Propel Global Bhd  (XKLS:0091) 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.


Propel Global Bhd Piotroski F-Score Related Terms


Propel Global Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Propel Global 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.

Propel Global Bhd Piotroski F-Score Chart

Propel Global Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.00 6.00 4.00 1.00

Propel Global Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.00 1.00 2.00 2.00 1.00

XKLS:0091 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Propel Global 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.


Propel Global Bhd Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Propel Global Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Propel Global Bhd's Piotroski F-Score falls into.


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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -14.204 + -6.57 + -4.375 + -6.493 = RM-31.64 Mil.
Cash Flow from Operations was -4.633 + -3.503 + 7.836 + -8.052 = RM-8.35 Mil.
Revenue was 25.233 + 17.923 + 20.46 + 18.6 = RM82.22 Mil.
Gross Profit was 6.909 + 3.198 + 4.979 + 0.803 = RM15.89 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(176.405 + 185.074 + 179.836 + 199.973 + 189.395) / 5 = RM186.1366 Mil.
Total Assets at the begining of this year (Mar25) was RM176.41 Mil.
Long-Term Debt & Capital Lease Obligation was RM32.43 Mil.
Total Current Assets was RM90.01 Mil.
Total Current Liabilities was RM71.64 Mil.
Net Income was 7.834 + -4.516 + -2.758 + -1.315 = RM-0.76 Mil.

Revenue was 47.481 + 34.329 + 28.337 + 23.585 = RM133.73 Mil.
Gross Profit was 15.476 + 5.798 + 5.722 + 6.024 = RM33.02 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(219.518 + 206.889 + 182.152 + 183.329 + 176.405) / 5 = RM193.6586 Mil.
Total Assets at the begining of last year (Mar24) was RM219.52 Mil.
Long-Term Debt & Capital Lease Obligation was RM24.80 Mil.
Total Current Assets was RM108.65 Mil.
Total Current Liabilities was RM50.88 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.

Propel Global Bhd's current Net Income (TTM) was -31.64. ==> 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.

Score 1 if positive, 0 if negative.

Propel Global Bhd's current Cash Flow from Operations (TTM) was -8.35. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-31.642/176.405
=-0.17937133

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-0.755/219.518
=-0.00343935

Propel Global Bhd's return on assets of this year was -0.17937133. Propel Global Bhd's return on assets of last year was -0.00343935. ==> 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.

Propel Global Bhd's current Net Income (TTM) was -31.64. Propel Global Bhd's current Cash Flow from Operations (TTM) was -8.35. ==> -8.35 > -31.64 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=32.433/186.1366
=0.174243

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=24.802/193.6586
=0.12807074

Propel Global Bhd's gearing of this year was 0.174243. Propel Global Bhd's gearing of last year was 0.12807074. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=90.013/71.637
=1.25651549

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=108.645/50.882
=2.13523446

Propel Global Bhd's current ratio of this year was 1.25651549. Propel Global Bhd's current ratio of last year was 2.13523446. ==> 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.

Propel Global Bhd's number of shares in issue this year was 811.087. Propel Global Bhd's number of shares in issue last year was 699.296. ==> 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
=15.889/82.216
=0.19325922

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=33.02/133.732
=0.24691173

Propel Global Bhd's gross margin of this year was 0.19325922. Propel Global Bhd's gross margin of last year was 0.24691173. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=82.216/176.405
=0.46606389

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=133.732/219.518
=0.60920745

Propel Global Bhd's asset turnover of this year was 0.46606389. Propel Global Bhd's asset turnover of last year was 0.60920745. ==> 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
=0+0+0+1+0+0+0+0+0
=1

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

Propel Global Bhd has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
Propel Global Bhd (XKLS:0091) has a Piotroski F-Score of 1 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Propel Global Bhd and its competitors. This is 75% below median its historical median of 4.00. Over the past decade, Propel Global Bhd's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Propel Global Bhd ranks #1712 out of 1735 companies in the Construction industry, placing it in the top 98.7%.
Is Propel Global Bhd's Piotroski F-Score too high?
Propel Global Bhd's current Piotroski F-Score of 1 is 75% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Propel Global Bhd's value of 1 is 80% below this industry median. Based on the distribution chart, Propel Global Bhd ranks #1712 out of 1735 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Propel Global Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Propel Global Bhd ranks #1712 out of 1735 companies for Piotroski F-Score. This places Propel Global Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Propel Global Bhd's value of 1 is 80% below this benchmark. Historically, Propel Global Bhd's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Propel Global Bhd 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Propel Global Bhd's current Piotroski F-Score of 1 is 80% 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 Propel Global Bhd and its competitors. For the Construction 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. Propel Global Bhd's current Piotroski F-Score is 1, which is 75% 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 Propel Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Propel Global Bhd (XKLS:0091) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Piotroski F-Score is 1, which is 75% below median its 10-year median of 4.00 and 80% below the Construction 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 Propel Global Bhd (XKLS:0091), the current Piotroski F-Score is 1 as of Jun. 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.

Propel Global Bhd Business Description

Address Jalan Bangsar, Level 12, Mercu 3, KL Eco City, Kuala Lumpur, MYS, 59200
Propel Global Bhd is an investment holding company. It is engaged in three business segments: Oil & Gas (O&G): Supply of speciality chemicals and catalysts, provision of heavy machineries and related manpower services, Technical Services (TS): Provision of services in the industrial, commercial and residential construction and office maintenance., and Information and Communications Technology (ICT): Provision of ICT services and related activities and trading in ICT hardware, software and spare parts. The majority of revenue is generated from the Oil & Gas segment. Geographically, it derives maximum revenue from Malaysia.