Asia Poly Holdings BhdXKLS:0105 +8.33% Piotroski F-Score is 7 as of Jul. 04, 2026, which is 40% above its 10-year median of 5.00. The stock has 6 warning signs investors should review. Among 1,564 Chemicals companies, Asia Poly Holdings Bhd ranks better than 90.15% 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
Asia Poly 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 Asia Poly Holdings Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0105'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of Asia Poly Holdings Bhd was 7. The lowest was 1. And the median was 5.
Asia Poly Holdings Bhd (XKLS:0105) 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.
Asia Poly Holdings Bhd Piotroski F-Score Related Terms
Asia Poly Holdings Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Asia Poly 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.
XKLS:0105 vs LIN, SHW, ECL: Piotroski F-Score Comparison
For the Specialty Chemicals subindustry, Asia Poly 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.
Asia Poly Holdings Bhd Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Asia Poly Holdings 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.
Asia Poly Holdings Bhd's current Net Income (TTM) was 1.22.
==> 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.
Asia Poly Holdings Bhd's current Cash Flow from Operations (TTM) was 5.90.
==> 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.
Asia Poly Holdings Bhd's return on assets of this year was 0.00607308. Asia Poly Holdings Bhd's return on assets of last year was -0.04683514.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Asia Poly Holdings Bhd's gearing of this year was 0.11320628. Asia Poly Holdings Bhd's gearing of last year was 0.13093555.
==> 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
Asia Poly Holdings Bhd's current ratio of this year was 1.66080711. Asia Poly Holdings Bhd's current ratio of last year was 1.67116673.
==> 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.
Asia Poly Holdings Bhd's number of shares in issue this year was 1054.353. Asia Poly Holdings Bhd's number of shares in issue last year was 1054.353.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
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.
Asia Poly Holdings Bhd's gross margin of this year was 0.17766118. Asia Poly Holdings Bhd's gross margin of last year was 0.04943187.
==> 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
Asia Poly Holdings Bhd's asset turnover of this year was 0.40539023. Asia Poly Holdings Bhd's asset turnover of last year was 0.48802264.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Asia Poly Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Asia Poly Holdings Bhd (XKLS:0105) 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 Asia Poly Holdings Bhd and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Asia Poly Holdings Bhd's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #154 out of 1564 companies in the Chemicals industry, placing it in the top 9.8%.
Is Asia Poly Holdings Bhd's Piotroski F-Score too high?
Asia Poly Holdings Bhd's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. Asia Poly Holdings Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #154 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does Asia Poly Holdings Bhd's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #154 out of 1564 companies for Piotroski F-Score. This places Asia Poly Holdings Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Asia Poly Holdings Bhd's value of 7 is 40% above this benchmark. Historically, Asia Poly Holdings 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 5.00 vs. the industry median of 5.00, Asia Poly 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 a Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. Asia Poly Holdings Bhd's current Piotroski F-Score of 7 is 40% 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 Asia Poly Holdings Bhd and its competitors. For the Chemicals 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. Asia Poly Holdings Bhd's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Chemicals 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 Asia Poly Holdings Bhd (XKLS:0105), 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.
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.
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