Kinergy Advancement BhdXKLS:0193 +1.30%63 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates XKLS:0193 with a GF Score™ of 63/100 and a GF Value™ of RM0.91 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,735 Construction companies, Kinergy Advancement Bhd ranks better than 74.24% 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
Kinergy Advancement 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 Kinergy Advancement Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0193'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 6
Current: 6
During the past 12 years, the highest Piotroski F-Score of Kinergy Advancement Bhd was 6. The lowest was 1. And the median was 4.
Kinergy Advancement Bhd (XKLS:0193) 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.
Kinergy Advancement Bhd Piotroski F-Score Related Terms
Kinergy Advancement Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Kinergy Advancement 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:0193 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Kinergy Advancement 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.
Kinergy Advancement Bhd Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Kinergy Advancement Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Kinergy Advancement 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.
Kinergy Advancement Bhd's current Net Income (TTM) was 31.4.
==> 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.
Kinergy Advancement Bhd's current Cash Flow from Operations (TTM) was 4.4.
==> 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.
Kinergy Advancement Bhd's return on assets of this year was 0.06356723. Kinergy Advancement Bhd's return on assets of last year was 0.05049359.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Kinergy Advancement Bhd's gearing of this year was 0.18119104. Kinergy Advancement Bhd's gearing of last year was 0.22067846.
==> 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
Kinergy Advancement Bhd's current ratio of this year was 1.62252439. Kinergy Advancement Bhd's current ratio of last year was 2.27908304.
==> 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.
Kinergy Advancement Bhd's number of shares in issue this year was 2185.066. Kinergy Advancement Bhd's number of shares in issue last year was 2185.066.
==> 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.
Kinergy Advancement Bhd's gross margin of this year was 0.14405166. Kinergy Advancement Bhd's gross margin of last year was 0.20551419.
==> 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
Kinergy Advancement Bhd's asset turnover of this year was 1.10587728. Kinergy Advancement Bhd's asset turnover of last year was 0.60212352.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Kinergy Advancement Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Kinergy Advancement Bhd (XKLS:0193) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kinergy Advancement Bhd and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Kinergy Advancement Bhd's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Kinergy Advancement Bhd ranks #447 out of 1735 companies in the Construction industry, placing it in the top 25.8%.
Is Kinergy Advancement Bhd's Piotroski F-Score too high?
Kinergy Advancement Bhd's current Piotroski F-Score of 6 is 50% 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 6.00. The Construction industry median Piotroski F-Score is 5.00. Kinergy Advancement Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Kinergy Advancement Bhd ranks #447 out of 1735 companies in the Construction industry, which is above the industry midpoint. Overall, Kinergy Advancement Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kinergy Advancement Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Kinergy Advancement Bhd ranks #447 out of 1735 companies for Piotroski F-Score. This puts Kinergy Advancement Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kinergy Advancement Bhd's value of 6 is 20% above this benchmark. Historically, Kinergy Advancement Bhd's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Kinergy Advancement 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Kinergy Advancement 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 Kinergy Advancement Bhd and its competitors. For the Construction 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. Kinergy Advancement Bhd's current Piotroski F-Score is 6, which is 50% 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 Kinergy Advancement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kinergy Advancement Bhd (XKLS:0193) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.91, compared to a current price of RM0.39 — trading 57.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Construction industry median of 5.00. Kinergy Advancement Bhd's overall GF Score™ is 63/100 with 7 warning signs to review. 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 Kinergy Advancement Bhd (XKLS:0193), the current Piotroski F-Score is 6 as of Jun. 27, 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.
Is Kinergy Advancement Bhd (XKLS:0193) Overvalued in 2026?
Based on GuruFocus' analysis, Kinergy Advancement Bhd stock appears to be undervalued.
The current stock price of RM0.39 is trading 57.1% below its estimated GF Value™ of RM0.91.
GuruFocus considers Kinergy Advancement Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0193:
Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
GF Value™: RM0.91 vs. price of RM0.39 (57.1% below fair value)
Industry Position: 20% above the Construction median (#447 of 1735)
No single metric tells the full story. See the XKLS:0193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinergy Advancement Bhd is principally engaged in the business of provision of electrical and mechanical engineering services and operation of generating facilities that produce electric energy. The Company is recognised in the ENERGY SPACE as a Holistic One-Stop Energy and Engineering Solutions Provider. The reportable business segments of the Group comprise Engineering, provision of engineering solutions, and Sustainable Energy Solutions (SES), provision of clean energy, renewable energy and energy efficient solutions. It generates maximum revenue from Sustainable Energy Solutions (SES). It operates in Malaysia, Thailand and Indonesia, and generates maximum revenue from Malaysia.
63GF Score
Get the complete analysis for XKLS:0193
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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