Nexgram Holdings Bhd (XKLS:0096) Piotroski F-Score: 7 (As of Jul. 04, 2026) — 133% Above Median


What is Nexgram Holdings Bhd Piotroski F-Score?

Nexgram Holdings Bhd XKLS:0096 +11.11% Piotroski F-Score is 7 as of Jul. 04, 2026, which is 133% above its 10-year median of 3.00. The stock has 8 warning signs investors should review. Among 149 Industrial Distribution companies, Nexgram Holdings Bhd ranks better than 87.25% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Nexgram Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Nexgram Holdings Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0096' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Nexgram Holdings Bhd was 7. The lowest was 2. And the median was 3.

Nexgram Holdings Bhd  (XKLS:0096) 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.


Nexgram Holdings Bhd Piotroski F-Score Related Terms


Nexgram Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nexgram Holdings 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.

Nexgram Holdings Bhd Piotroski F-Score Chart

Nexgram Holdings Bhd Annual Data
Trend Apr13 Apr14 Apr15 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 2.00 3.00 2.00 4.00

Nexgram Holdings Bhd Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 5.00 5.00 3.00 5.00 7.00

XKLS:0096 vs GWW, FAST, FERG: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, Nexgram Holdings 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.


Nexgram Holdings Bhd Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Nexgram Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Nexgram Holdings 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 (Jan26) TTM:Last Year (Jan25) TTM:
Net Income was 22.391 + -22.089 + 0.882 + 1.052 = RM2.24 Mil.
Cash Flow from Operations was 0 + 0 + 0.994 + 2.633 = RM3.63 Mil.
Revenue was 12.524 + 13.355 + 17.242 + 12.546 = RM55.67 Mil.
Gross Profit was 4.073 + 3.917 + 4.171 + 4.259 = RM16.42 Mil.
Average Total Assets from the begining of this year (Jan25)
to the end of this year (Jan26) was
(161.51 + 165.398 + 144.425 + 156.856 + 218.767) / 5 = RM169.3912 Mil.
Total Assets at the begining of this year (Jan25) was RM161.51 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.21 Mil.
Total Current Assets was RM52.32 Mil.
Total Current Liabilities was RM44.03 Mil.
Net Income was -6.929 + 0.641 + 1.79 + 3.761 = RM-0.74 Mil.

Revenue was 12.978 + 14.579 + 6.57 + 13.345 = RM47.47 Mil.
Gross Profit was 4.204 + 3.946 + -0.172 + 3.368 = RM11.35 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Jan25) was
(169.183 + 167.507 + 167.408 + 103.076 + 161.51) / 5 = RM153.7368 Mil.
Total Assets at the begining of last year (Oct23) was RM169.18 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.50 Mil.
Total Current Assets was RM94.76 Mil.
Total Current Liabilities was RM28.81 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.

Nexgram Holdings Bhd's current Net Income (TTM) was 2.24. ==> 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.

Nexgram Holdings Bhd's current Cash Flow from Operations (TTM) was 3.63. ==> 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 (Jan25)
=2.236/161.51
=0.01384434

ROA (Last Year)=Net Income/Total Assets (Oct23)
=-0.737/169.183
=-0.00435623

Nexgram Holdings Bhd's return on assets of this year was 0.01384434. Nexgram Holdings Bhd's return on assets of last year was -0.00435623. ==> This year is higher. ==> Score 1.

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.

Nexgram Holdings Bhd's current Net Income (TTM) was 2.24. Nexgram Holdings Bhd's current Cash Flow from Operations (TTM) was 3.63. ==> 3.63 > 2.24 ==> 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: Jan26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan25 to Jan26
=2.208/169.3912
=0.01303492

Gearing (Last Year: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Jan25
=2.503/153.7368
=0.01628107

Nexgram Holdings Bhd's gearing of this year was 0.01303492. Nexgram Holdings Bhd's gearing of last year was 0.01628107. ==> 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

Current Ratio (This Year: Jan26)=Total Current Assets/Total Current Liabilities
=52.315/44.031
=1.18814017

Current Ratio (Last Year: Jan25)=Total Current Assets/Total Current Liabilities
=94.761/28.813
=3.28882796

Nexgram Holdings Bhd's current ratio of this year was 1.18814017. Nexgram Holdings Bhd's current ratio of last year was 3.28882796. ==> 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.

Nexgram Holdings Bhd's number of shares in issue this year was 977.429. Nexgram Holdings Bhd's number of shares in issue last year was 888.815. ==> 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
=16.42/55.667
=0.29496829

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11.346/47.472
=0.23900404

Nexgram Holdings Bhd's gross margin of this year was 0.29496829. Nexgram Holdings Bhd's gross margin of last year was 0.23900404. ==> 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 (Jan25)
=55.667/161.51
=0.34466596

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=47.472/169.183
=0.28059557

Nexgram Holdings Bhd's asset turnover of this year was 0.34466596. Nexgram Holdings Bhd's asset turnover of last year was 0.28059557. ==> 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+1+1+1+0+0+1+1
=7

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

Nexgram Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Nexgram Holdings Bhd (XKLS:0096) has a Piotroski F-Score of 7 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nexgram Holdings Bhd and its competitors. This is 133% above median its historical median of 3.00. Over the past decade, Nexgram Holdings Bhd's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Nexgram Holdings Bhd ranks #19 out of 149 companies in the Industrial Distribution industry, placing it in the top 12.8%.
Is Nexgram Holdings Bhd's Piotroski F-Score too high?
Nexgram Holdings Bhd's current Piotroski F-Score of 7 is 133% 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 7.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Nexgram Holdings Bhd's value of 7 is 16.7% above this industry median. Based on the distribution chart, Nexgram Holdings Bhd ranks #19 out of 149 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers.
How does Nexgram Holdings Bhd's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Nexgram Holdings Bhd ranks #19 out of 149 companies for Piotroski F-Score. This places Nexgram Holdings Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Nexgram Holdings Bhd's value of 7 is 16.7% above this benchmark. Historically, Nexgram Holdings Bhd's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Nexgram Holdings 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 an Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 149 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. Nexgram Holdings Bhd's current Piotroski F-Score of 7 is 16.7% 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 Nexgram Holdings Bhd and its competitors. For the Industrial Distribution 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. Nexgram Holdings Bhd's current Piotroski F-Score is 7, which is 133% 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 Nexgram Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nexgram Holdings Bhd (XKLS:0096) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.05 — trading 400% above its estimated fair value. The current Piotroski F-Score is 7, which is 133% above median its 10-year median of 3.00 and 16.7% above the Industrial Distribution industry median of 6.00. 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 Nexgram Holdings Bhd (XKLS:0096), the current Piotroski F-Score is 7 as of Jul. 04, 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.

Nexgram Holdings Bhd Business Description

Address 1, Jalan Syed Putra, 11-01, Level 11, Menara MBMR, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 58000
Nexgram Holdings Bhd is an investment holding company. The Company operates through the following segments: Information Technology Services (ICT), Property Investment, Healthcare, Logistics, and Investment Holding. It generates the majority of its revenue from the Information Technology Services (ICT) segment, which focuses on the trading and distribution of security and video surveillance equipment. Geographically, the Company derives the majority of its revenue from Malaysia.