Fintec Global Bhd (XKLS:0150) Piotroski F-Score: 5 (As of Jun. 26, 2026) — 25% Above Median


What is Fintec Global Bhd Piotroski F-Score?

Fintec Global Bhd XKLS:0150 Piotroski F-Score is 5 as of Jun. 26, 2026, which is 25% above its 10-year median of 4.00. The stock has 4 warning signs investors should review. Among 1,597 Asset Management companies, Fintec Global Bhd ranks better than 65% 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

Fintec Global Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

XKLS:0150' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 5

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

Fintec Global Bhd  (XKLS:0150) 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.


Fintec Global Bhd Piotroski F-Score Related Terms


Fintec Global Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fintec 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.

Fintec Global Bhd Piotroski F-Score Chart

Fintec Global Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 1.00 7.00 6.00 2.00

Fintec 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 4.00 2.00 3.00 4.00 5.00

XKLS:0150 vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, Fintec 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.


Fintec Global Bhd Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fintec Global Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fintec 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 -52.019 + -2.814 + -3.643 + -3.373 = RM-61.85 Mil.
Cash Flow from Operations was 9.673 + 0.108 + -2.095 + -1.38 = RM6.31 Mil.
Revenue was 15.698 + 0.789 + 1.384 + 0.342 = RM18.21 Mil.
Gross Profit was -8.479 + 0.178 + 0.748 + -0.025 = RM-7.58 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(213.895 + 152.146 + 150.047 + 145.506 + 141.429) / 5 = RM160.6046 Mil.
Total Assets at the begining of this year (Mar25) was RM213.90 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.43 Mil.
Total Current Assets was RM45.31 Mil.
Total Current Liabilities was RM3.66 Mil.
Net Income was 14.388 + -7.159 + -5.546 + -25.144 = RM-23.46 Mil.

Revenue was 3.486 + 0.713 + 0.495 + 2.69 = RM7.38 Mil.
Gross Profit was 1.274 + 0.562 + 0.402 + -0.285 = RM1.95 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(250.859 + 240.826 + 243.837 + 238.754 + 213.895) / 5 = RM237.6342 Mil.
Total Assets at the begining of last year (Mar24) was RM250.86 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.78 Mil.
Total Current Assets was RM62.53 Mil.
Total Current Liabilities was RM5.12 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.

Fintec Global Bhd's current Net Income (TTM) was -61.85. ==> 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.

Fintec Global Bhd's current Cash Flow from Operations (TTM) was 6.31. ==> 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)
=-61.849/213.895
=-0.28915589

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-23.461/250.859
=-0.09352266

Fintec Global Bhd's return on assets of this year was -0.28915589. Fintec Global Bhd's return on assets of last year was -0.09352266. ==> 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.

Fintec Global Bhd's current Net Income (TTM) was -61.85. Fintec Global Bhd's current Cash Flow from Operations (TTM) was 6.31. ==> 6.31 > -61.85 ==> 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
=0.428/160.6046
=0.00266493

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.783/237.6342
=0.00329498

Fintec Global Bhd's gearing of this year was 0.00266493. Fintec Global Bhd's gearing of last year was 0.00329498. ==> 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
=45.307/3.664
=12.3654476

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=62.525/5.121
=12.20952939

Fintec Global Bhd's current ratio of this year was 12.3654476. Fintec Global Bhd's current ratio of last year was 12.20952939. ==> 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.

Fintec Global Bhd's number of shares in issue this year was 209.762. Fintec Global Bhd's number of shares in issue last year was 206.115. ==> 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
=-7.578/18.213
=-0.41607643

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1.953/7.384
=0.26449079

Fintec Global Bhd's gross margin of this year was -0.41607643. Fintec Global Bhd's gross margin of last year was 0.26449079. ==> 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)
=18.213/213.895
=0.08514926

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=7.384/250.859
=0.02943486

Fintec Global Bhd's asset turnover of this year was 0.08514926. Fintec Global Bhd's asset turnover of last year was 0.02943486. ==> 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+0+0+1
=5

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

Fintec Global Bhd has an F-score of 5 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 5 mean?
Fintec Global Bhd (XKLS:0150) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fintec Global Bhd and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Fintec Global Bhd's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Fintec Global Bhd ranks #559 out of 1597 companies in the Asset Management industry, placing it in the top 35%.
Is Fintec Global Bhd's Piotroski F-Score too high?
Fintec Global Bhd's current Piotroski F-Score of 5 is 25% above 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 Asset Management industry median Piotroski F-Score is 5.00. Fintec Global Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, Fintec Global Bhd ranks #559 out of 1597 companies in the Asset Management industry, which is above the industry midpoint.
How does Fintec Global Bhd's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Fintec Global Bhd ranks #559 out of 1597 companies for Piotroski F-Score. This puts Fintec Global Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Fintec Global Bhd's value of 5 is 0% at this benchmark. Historically, Fintec 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, Fintec Global Bhd has consistently been at 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,597 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. Fintec Global Bhd's current Piotroski F-Score of 5 is 0% at 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 Fintec Global Bhd and its competitors. For the Asset Management 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. Fintec Global Bhd's current Piotroski F-Score is 5, which is 25% above 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 Fintec Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fintec Global Bhd (XKLS:0150) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.14, compared to a current price of RM0.08 — trading 42.9% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Asset Management 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 Fintec Global Bhd (XKLS:0150), the current Piotroski F-Score is 5 as of Jun. 26, 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.

Fintec Global Bhd Business Description

Other Exchanges 0150PA.PFD:Malaysia
Address No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Fintec Global Bhd is a technology incubation and investment holding company that is engaged in the manufacture and sale of rubber gloves. The company is organised into main business segments as follows: (a) Glove business: Involved in manufacturing and trading of personal protective healthcare equipment and rubber gloves machinery and leasing of rubber gloves machinery and ancillary equipment. (b) Investment in quoted securities: Involved in investing and trading in quoted securities and related activities. (c) Others: Other segments comprise investment holding and dormant companies. The company generates maximum revenue from the Portfolio investment segment. The company geographically covers Malaysia and the United States, out of which it derives its maximum revenue from Malaysia.