Sanichi Technology Bhd (XKLS:0133) Piotroski F-Score: 7 (As of Jul. 03, 2026) — 133% Above Median


What is Sanichi Technology Bhd Piotroski F-Score?

Sanichi Technology Bhd XKLS:0133 Piotroski F-Score is 7 as of Jul. 03, 2026, which is 133% above its 10-year median of 3.00. The stock has 3 warning signs investors should review. Among 2,976 Industrial Products companies, Sanichi Technology Bhd ranks better than 90.69% 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

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

XKLS:0133' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 7
Current: 7

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

Sanichi Technology Bhd  (XKLS:0133) 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.


Sanichi Technology Bhd Piotroski F-Score Related Terms


Sanichi Technology Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sanichi Technology 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.

Sanichi Technology Bhd Piotroski F-Score Chart

Sanichi Technology Bhd Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 4.00 3.00 7.00

Sanichi Technology Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 3.00 4.00 3.00 3.00 7.00

XKLS:0133 vs SNA, RBC, LECO: Piotroski F-Score Comparison

For the Tools & Accessories subindustry, Sanichi Technology 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.


Sanichi Technology Bhd Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanichi Technology Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sanichi Technology 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 -2.831 + -5.857 + -11.065 + -10.879 = RM-30.63 Mil.
Cash Flow from Operations was 7.04 + -1.361 + -4.274 + 44.493 = RM45.90 Mil.
Revenue was 0.662 + 0.792 + 0.736 + 14.734 = RM16.92 Mil.
Gross Profit was -0.51 + -0.387 + -1.04 + -0.177 = RM-2.11 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(285.704 + 279.078 + 274.402 + 288.844 + 246.827) / 5 = RM274.971 Mil.
Total Assets at the begining of this year (Mar25) was RM285.70 Mil.
Long-Term Debt & Capital Lease Obligation was RM22.80 Mil.
Total Current Assets was RM176.66 Mil.
Total Current Liabilities was RM9.75 Mil.
Net Income was -2.456 + -4.753 + -3.906 + -7.687 = RM-18.80 Mil.

Revenue was 2.517 + 1.076 + 5.484 + 7.496 = RM16.57 Mil.
Gross Profit was 0.072 + -0.924 + 1.595 + -7.587 = RM-6.84 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Mar25) was
(321.587 + 300.446 + 299.597 + 299.628 + 285.704) / 5 = RM301.3924 Mil.
Total Assets at the begining of last year (Dec23) was RM321.59 Mil.
Long-Term Debt & Capital Lease Obligation was RM25.49 Mil.
Total Current Assets was RM210.40 Mil.
Total Current Liabilities was RM15.36 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.

Sanichi Technology Bhd's current Net Income (TTM) was -30.63. ==> 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.

Sanichi Technology Bhd's current Cash Flow from Operations (TTM) was 45.90. ==> 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.

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

ROA (This Year)=Net Income/Total Assets (Mar25)
=-30.632/285.704
=-0.10721586

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-18.802/321.587
=-0.05846629

Sanichi Technology Bhd's return on assets of this year was -0.10721586. Sanichi Technology Bhd's return on assets of last year was -0.05846629. ==> 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.

Sanichi Technology Bhd's current Net Income (TTM) was -30.63. Sanichi Technology Bhd's current Cash Flow from Operations (TTM) was 45.90. ==> 45.90 > -30.63 ==> 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
=22.797/274.971
=0.08290692

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Mar25
=25.489/301.3924
=0.08457081

Sanichi Technology Bhd's gearing of this year was 0.08290692. Sanichi Technology Bhd's gearing of last year was 0.08457081. ==> 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
=176.663/9.748
=18.12299959

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=210.401/15.357
=13.70065768

Sanichi Technology Bhd's current ratio of this year was 18.12299959. Sanichi Technology Bhd's current ratio of last year was 13.70065768. ==> This year's current ratio is higher. ==> Score 1.

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.

Sanichi Technology Bhd's number of shares in issue this year was 164.308. Sanichi Technology Bhd's number of shares in issue last year was 164.308. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=-2.114/16.924
=-0.12491137

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-6.844/16.573
=-0.41296084

Sanichi Technology Bhd's gross margin of this year was -0.12491137. Sanichi Technology Bhd's gross margin of last year was -0.41296084. ==> 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)
=16.924/285.704
=0.05923613

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=16.573/321.587
=0.05153504

Sanichi Technology Bhd's asset turnover of this year was 0.05923613. Sanichi Technology Bhd's asset turnover of last year was 0.05153504. ==> 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+0+1+1+1+1+1+1
=7

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

Sanichi Technology 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?
Sanichi Technology Bhd (XKLS:0133) has a Piotroski F-Score of 7 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sanichi Technology Bhd and its competitors. This is 133% above median its historical median of 3.00. Over the past decade, Sanichi Technology Bhd's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Sanichi Technology Bhd ranks #277 out of 2976 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Sanichi Technology Bhd's Piotroski F-Score too high?
Sanichi Technology 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 3.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Sanichi Technology Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Sanichi Technology Bhd ranks #277 out of 2976 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Sanichi Technology Bhd's Piotroski F-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sanichi Technology Bhd ranks #277 out of 2976 companies for Piotroski F-Score. This places Sanichi Technology Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sanichi Technology Bhd's value of 7 is 40% above this benchmark. Historically, Sanichi Technology Bhd's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Sanichi Technology 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 Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,976 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. Sanichi Technology 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 Sanichi Technology Bhd and its competitors. For the Industrial Products 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. Sanichi Technology 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 Sanichi Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sanichi Technology Bhd (XKLS:0133) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.08 — trading 42.3% below its estimated fair value. The current Piotroski F-Score is 7, which is 133% above median its 10-year median of 3.00 and 40% above the Industrial Products 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 Sanichi Technology Bhd (XKLS:0133), the current Piotroski F-Score is 7 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.

Sanichi Technology Bhd Business Description

Address Jalan Cyber 5, PLO 135, Kawasan Perindustrian Senai Fasa 3, Senai, JHR, MYS, 81400
Sanichi Technology Bhd is an investment holding company. Through its subsidiaries, the group is organised into the reportable operating segments of Plastic Mould, which is engaged in the designing and fabrication of precision moulds and tooling for use in the automobile; Property development, which involves property development activities; and Others, including investment holding and provision of management services. Maximum revenue for the group is generated from its property development segment. Geographically, it generated maximum revenue from Malaysia, and the rest from the United Kingdom.