Aco Group BhdXKLS:0218 +3.23%47 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates XKLS:0218 with a GF Score™ of 47/100 and a GF Value™ of RM0.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, Aco Group Bhd ranks better than 77.95% 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
Aco Group 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 Aco Group Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0218'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 6
During the past 10 years, the highest Piotroski F-Score of Aco Group Bhd was 8. The lowest was 4. And the median was 6.
Aco Group Bhd (XKLS:0218) 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.
Aco Group Bhd Piotroski F-Score Related Terms
Aco Group Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aco Group 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:0218 vs SNX, ARW, AVT: Piotroski F-Score Comparison
For the Electronics & Computer Distribution subindustry, Aco Group 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.
Aco Group Bhd Piotroski F-Score vs Hardware Industry
For the Hardware industry and Technology sector, Aco Group Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aco Group 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.
Aco Group Bhd's current Net Income (TTM) was 4.0.
==> 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.
Aco Group Bhd's return on assets of this year was 0.02516713. Aco Group Bhd's return on assets of last year was 0.03232689.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aco Group Bhd's gearing of this year was 0.05350485. Aco Group Bhd's gearing of last year was 0.0593385.
==> 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
Aco Group Bhd's current ratio of this year was 2.14921096. Aco Group Bhd's current ratio of last year was 2.05836759.
==> 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.
Aco Group Bhd's number of shares in issue this year was 347.371. Aco Group Bhd's number of shares in issue last year was 347.371.
==> 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.
Aco Group Bhd's gross margin of this year was 0.15432572. Aco Group Bhd's gross margin of last year was 0.15997247.
==> 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
Aco Group Bhd's asset turnover of this year was 0.89088979. Aco Group Bhd's asset turnover of last year was 0.95680251.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Aco Group Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Aco Group Bhd (XKLS:0218) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aco Group Bhd and its competitors. This is near median its historical median of 6.00. Over the past decade, Aco Group Bhd's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Aco Group Bhd ranks #535 out of 2426 companies in the Hardware industry, placing it in the top 22.1%.
Is Aco Group Bhd's Piotroski F-Score too high?
Aco Group Bhd's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Hardware industry median Piotroski F-Score is 5.00. Aco Group Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Aco Group Bhd ranks #535 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aco Group Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aco Group Bhd's Piotroski F-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Aco Group Bhd ranks #535 out of 2426 companies for Piotroski F-Score. This places Aco Group Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Aco Group Bhd's value of 6 is 20% above this benchmark. Historically, Aco Group Bhd's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Aco Group 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. Aco Group 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 Aco Group Bhd and its competitors. For the Hardware 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. Aco Group Bhd's current Piotroski F-Score is 6, which is near 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 Aco Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aco Group Bhd (XKLS:0218) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.16 — trading 23.8% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Hardware industry median of 5.00. Aco Group Bhd's overall GF Score™ is 47/100 with 5 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 Aco Group Bhd (XKLS:0218), the current Piotroski F-Score is 6 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.
Is Aco Group Bhd (XKLS:0218) Overvalued in 2026?
Based on GuruFocus' analysis, Aco Group Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 23.8% below its estimated GF Value™ of RM0.21.
GuruFocus considers Aco Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0218:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: RM0.21 vs. price of RM0.16 (23.8% below fair value)
Industry Position: 20% above the Hardware median (#535 of 2426)
No single metric tells the full story. See the XKLS:0218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aco Group Bhd is an investment holding company. Along with its subsidiaries, it is involved in management consultancy activities, distribution of electrical products and accessories, wholesale of household appliances, and trading of electronic, electrical goods, lighting, and lighting accessories. Its product portfolio comprises communication cables and wires, fans and air-conditioners, water heaters, switches and power outlets, and others. The group's reportable operating segments are as follows: Industrial users and Resellers. Maximum revenue is generated from the Industrial users segment, which represents sales of electrical products and accessories to electrical contractors, electrical products manufacturers, and others. Geographically, the group operates mainly in Malaysia.
47GF Score
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