Advance Information Marketing Bhd (XKLS:0122) Piotroski F-Score: 6 (As of Jul. 03, 2026) — 100% Above Median


What is Advance Information Marketing Bhd Piotroski F-Score?

Advance Information Marketing Bhd XKLS:0122 Piotroski F-Score is 6 as of Jul. 03, 2026, which is 100% above its 10-year median of 3.00. The stock has 6 warning signs investors should review. Among 1,064 Business Services companies, Advance Information Marketing Bhd ranks better than 72.18% 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

Advance Information Marketing 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 Advance Information Marketing Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0122' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Advance Information Marketing Bhd was 7. The lowest was 1. And the median was 3.

Advance Information Marketing Bhd  (XKLS:0122) 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.


Advance Information Marketing Bhd Piotroski F-Score Related Terms


Advance Information Marketing Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Advance Information Marketing 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.

Advance Information Marketing Bhd Piotroski F-Score Chart

Advance Information Marketing Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 2.00 2.00 6.00

Advance Information Marketing 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 3.00 4.00 3.00 6.00

XKLS:0122 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Advance Information Marketing 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.


Advance Information Marketing Bhd Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Advance Information Marketing Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Advance Information Marketing 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 -2.047 + -0.094 + -2.048 + -0.687 = RM-4.88 Mil.
Cash Flow from Operations was 0 + -0.006 + 0.146 + 0.322 = RM0.46 Mil.
Revenue was 1.734 + 3.164 + 1.779 + 1.867 = RM8.54 Mil.
Gross Profit was 0.775 + 1.236 + -0.162 + 0.598 = RM2.45 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(24.005 + 0 + 20.558 + 19.46 + 19.219) / 5 = RM20.8105 Mil.
Total Assets at the begining of this year (Mar25) was RM24.01 Mil.
Long-Term Debt & Capital Lease Obligation was RM1.39 Mil.
Total Current Assets was RM8.54 Mil.
Total Current Liabilities was RM3.36 Mil.
Net Income was -1.441 + -1.308 + -1.976 + -1.925 = RM-6.65 Mil.

Revenue was 0.809 + 0.74 + 1.745 + 1.894 = RM5.19 Mil.
Gross Profit was 0.103 + 0.143 + 0.262 + 0.351 = RM0.86 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(29.783 + 29.377 + 26.705 + 25.865 + 24.005) / 5 = RM27.147 Mil.
Total Assets at the begining of last year (Mar24) was RM29.78 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.40 Mil.
Total Current Assets was RM10.86 Mil.
Total Current Liabilities was RM2.67 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.

Advance Information Marketing Bhd's current Net Income (TTM) was -4.88. ==> 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.

Advance Information Marketing Bhd's current Cash Flow from Operations (TTM) was 0.46. ==> 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 (Mar25)
=-4.876/24.005
=-0.20312435

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-6.65/29.783
=-0.22328174

Advance Information Marketing Bhd's return on assets of this year was -0.20312435. Advance Information Marketing Bhd's return on assets of last year was -0.22328174. ==> 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.

Advance Information Marketing Bhd's current Net Income (TTM) was -4.88. Advance Information Marketing Bhd's current Cash Flow from Operations (TTM) was 0.46. ==> 0.46 > -4.88 ==> 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
=1.386/20.8105
=0.06660099

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2.396/27.147
=0.08826021

Advance Information Marketing Bhd's gearing of this year was 0.06660099. Advance Information Marketing Bhd's gearing of last year was 0.08826021. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=8.543/3.361
=2.54180303

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=10.86/2.668
=4.07046477

Advance Information Marketing Bhd's current ratio of this year was 2.54180303. Advance Information Marketing Bhd's current ratio of last year was 4.07046477. ==> 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.

Advance Information Marketing Bhd's number of shares in issue this year was 975.542. Advance Information Marketing Bhd's number of shares in issue last year was 390.217. ==> 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
=2.447/8.544
=0.28639981

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.859/5.188
=0.1655744

Advance Information Marketing Bhd's gross margin of this year was 0.28639981. Advance Information Marketing Bhd's gross margin of last year was 0.1655744. ==> 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 (Mar25)
=8.544/24.005
=0.35592585

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5.188/29.783
=0.17419333

Advance Information Marketing Bhd's asset turnover of this year was 0.35592585. Advance Information Marketing Bhd's asset turnover of last year was 0.17419333. ==> 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
=0+1+1+1+1+0+0+1+1
=6

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

Advance Information Marketing Bhd has an F-score of 6 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 6 mean?
Advance Information Marketing Bhd (XKLS:0122) has a Piotroski F-Score of 6 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Advance Information Marketing Bhd and its competitors. This is 100% above median its historical median of 3.00. Over the past decade, Advance Information Marketing Bhd's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Advance Information Marketing Bhd ranks #296 out of 1064 companies in the Business Services industry, placing it in the top 27.8%.
Is Advance Information Marketing Bhd's Piotroski F-Score too high?
Advance Information Marketing Bhd's current Piotroski F-Score of 6 is 100% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Advance Information Marketing Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Advance Information Marketing Bhd ranks #296 out of 1064 companies in the Business Services industry, which is above the industry midpoint.
How does Advance Information Marketing Bhd's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Advance Information Marketing Bhd ranks #296 out of 1064 companies for Piotroski F-Score. This puts Advance Information Marketing Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Advance Information Marketing Bhd's value of 6 is 20% above this benchmark. Historically, Advance Information Marketing 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 3.00 vs. the industry median of 5.00, Advance Information Marketing 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Advance Information Marketing 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 Advance Information Marketing Bhd and its competitors. For the Business Services 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. Advance Information Marketing Bhd's current Piotroski F-Score is 6, which is 100% 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 Advance Information Marketing Bhd stock overvalued right now?
Based on GuruFocus' analysis, Advance Information Marketing Bhd (XKLS:0122) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Piotroski F-Score is 6, which is 100% above median its 10-year median of 3.00 and 20% above the Business Services 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 Advance Information Marketing Bhd (XKLS:0122), the current Piotroski F-Score is 6 as of Jul. 03, 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.

Advance Information Marketing Bhd Business Description

Address No 18, Jalan Balam, Kuala Lumpur, SGR, MYS, 51100
Advance Information Marketing Bhd is a BPO (Business Process Outsourcing) solution provider offering a spectrum of loyalty management services ranging from consultation, technology infrastructure, and technical support to procurement and logistics for companies. The company's operating segments are the Managed customer loyalty services segment, including sales and marketing services, client relationship management, outsourced contact center management; the Retail segment, which includes Retail sales of pharmaceutical products; and Other segments, including outsourced procurement services, investment holding, and corporate-level activities. The majority of the company's revenue comes from Malaysia.