Wegmans Holdings Bhd (XKLS:0197) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 33% Above Median


What is Wegmans Holdings Bhd Piotroski F-Score?

Wegmans Holdings Bhd XKLS:0197 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 33% above its 10-year median of 6.00. The stock has 4 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Wegmans Holdings Bhd ranks better than 98.6% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Wegmans Holdings Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

XKLS:0197' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 8

During the past 12 years, the highest Piotroski F-Score of Wegmans Holdings Bhd was 8. The lowest was 2. And the median was 6.

Wegmans Holdings Bhd  (XKLS:0197) 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.


Wegmans Holdings Bhd Piotroski F-Score Related Terms


Wegmans Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wegmans 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.

Wegmans Holdings Bhd Piotroski F-Score Chart

Wegmans Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 8.00 6.00 5.00 6.00

Wegmans Holdings 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 5.00 5.00 6.00 6.00 8.00

XKLS:0197 vs SN, SGI, MHK: Piotroski F-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Wegmans 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.


Wegmans Holdings Bhd Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wegmans Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Wegmans Holdings 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 2.028 + 1.092 + 0.99 + 0.028 = RM4.1 Mil.
Cash Flow from Operations was 3.819 + 5.166 + 3.729 + -2.243 = RM10.5 Mil.
Revenue was 30.885 + 24.509 + 24.461 + 26.867 = RM106.7 Mil.
Gross Profit was 30.885 + 24.509 + 24.461 + 26.867 = RM106.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(188.887 + 188.366 + 182.476 + 184.025 + 181.131) / 5 = RM184.977 Mil.
Total Assets at the begining of this year (Mar25) was RM188.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM16.1 Mil.
Total Current Assets was RM65.7 Mil.
Total Current Liabilities was RM25.9 Mil.
Net Income was 1.553 + -1.189 + 1.388 + 0.697 = RM2.4 Mil.

Revenue was 22.223 + 21.798 + 25.026 + 29.94 = RM99.0 Mil.
Gross Profit was 22.223 + 21.798 + 25.026 + 29.94 = RM99.0 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(186.012 + 183.23 + 183.327 + 190.926 + 188.887) / 5 = RM186.4764 Mil.
Total Assets at the begining of last year (Mar24) was RM186.0 Mil.
Long-Term Debt & Capital Lease Obligation was RM22.3 Mil.
Total Current Assets was RM70.0 Mil.
Total Current Liabilities was RM28.1 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.

Wegmans Holdings Bhd's current Net Income (TTM) was 4.1. ==> 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.

Wegmans Holdings Bhd's current Cash Flow from Operations (TTM) was 10.5. ==> 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)
=4.138/188.887
=0.02190728

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2.449/186.012
=0.01316582

Wegmans Holdings Bhd's return on assets of this year was 0.02190728. Wegmans Holdings Bhd's return on assets of last year was 0.01316582. ==> 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.

Wegmans Holdings Bhd's current Net Income (TTM) was 4.1. Wegmans Holdings Bhd's current Cash Flow from Operations (TTM) was 10.5. ==> 10.5 > 4.1 ==> 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
=16.096/184.977
=0.08701622

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=22.261/186.4764
=0.11937704

Wegmans Holdings Bhd's gearing of this year was 0.08701622. Wegmans Holdings Bhd's gearing of last year was 0.11937704. ==> 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
=65.66/25.903
=2.53484152

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=70.005/28.067
=2.49421028

Wegmans Holdings Bhd's current ratio of this year was 2.53484152. Wegmans Holdings Bhd's current ratio of last year was 2.49421028. ==> 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.

Wegmans Holdings Bhd's number of shares in issue this year was 545.104. Wegmans Holdings Bhd's number of shares in issue last year was 547.885. ==> 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
=106.722/106.722
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=98.987/98.987
=1

Wegmans Holdings Bhd's gross margin of this year was 1. Wegmans Holdings Bhd's gross margin of last year was 1. ==> 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)
=106.722/188.887
=0.56500447

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=98.987/186.012
=0.53215384

Wegmans Holdings Bhd's asset turnover of this year was 0.56500447. Wegmans Holdings Bhd's asset turnover of last year was 0.53215384. ==> 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
=1+1+1+1+1+1+1+0+1
=8

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

Wegmans Holdings Bhd has an F-score of 8. 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 8 mean?
Wegmans Holdings Bhd (XKLS:0197) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wegmans Holdings Bhd and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Wegmans Holdings Bhd's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Wegmans Holdings Bhd ranks #6 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 1.4%.
Is Wegmans Holdings Bhd's Piotroski F-Score too high?
Wegmans Holdings Bhd's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. Wegmans Holdings Bhd's value of 8 is 60% above this industry median. Based on the distribution chart, Wegmans Holdings Bhd ranks #6 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers.
How does Wegmans Holdings Bhd's Piotroski F-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Wegmans Holdings Bhd ranks #6 out of 428 companies for Piotroski F-Score. This places Wegmans Holdings Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Wegmans Holdings Bhd's value of 8 is 60% above this benchmark. Historically, Wegmans Holdings Bhd's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Wegmans 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 Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 428 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. Wegmans Holdings Bhd's current Piotroski F-Score of 8 is 60% 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 Wegmans Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances 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. Wegmans Holdings Bhd's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wegmans Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wegmans Holdings Bhd (XKLS:0197) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.15, compared to a current price of RM0.10 — trading 36.7% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Furnishings, Fixtures & Appliances 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 Wegmans Holdings Bhd (XKLS:0197), the current Piotroski F-Score is 8 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.

Wegmans Holdings Bhd Business Description

Address Jalan Kempas 3, Lot PTD 6967, Kawasan Perindustrian Bakri, Muar, JHR, MYS, 84200
Wegmans Holdings Bhd is a home furniture manufacturer. Its home furniture products are wood-based furniture, made from a variety of solid wood and composite wood materials such as rubberwood, veneer board, laminated board, and medium-density fibreboard. The Group offers a wide range of home furniture across the dining room, living room, and bedroom categories. Its reportable segments are: Furniture manufacturing, Hardware manufacturing, and Other. The majority of its revenue is generated from the Furniture manufacturing segment, which is involved in the business of design, manufacture, and sale of home furniture products. Geographically, the Group generates maximum revenue from North and South America, followed by Europe, Malaysia, Asia (excluding Malaysia), and Australasia.