Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Econframe BhdXKLS:0227 52 Piotroski F-Score is 4 as of Aug. 21, 2026, which is at its 10-year median of 4.00. GuruFocus rates XKLS:0227 with a GF Score™ of 52/100 and a GF Value™ of RM0.79 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,738 Construction companies, Econframe Bhd ranks worse than 65.82% 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
Econframe Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Econframe Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0227'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 4
During the past 9 years, the highest Piotroski F-Score of Econframe Bhd was 7. The lowest was 2. And the median was 4.
Econframe Bhd (XKLS:0227) 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.
Econframe Bhd Piotroski F-Score Related Terms
Econframe Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Econframe 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:0227 vs TT, JCI, CARR: Piotroski F-Score Comparison
For the Building Products & Equipment subindustry, Econframe 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.
Econframe Bhd Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Econframe Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Econframe 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.
Econframe Bhd's current Net Income (TTM) was 1.6.
==> 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.
Econframe Bhd's return on assets of this year was 0.01063885. Econframe Bhd's return on assets of last year was 0.06732734.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Econframe Bhd's gearing of this year was 0.10296968. Econframe Bhd's gearing of last year was 0.01124973.
==> Last year is lower than this year ==> Score 0.
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
Econframe Bhd's current ratio of this year was 2.74294898. Econframe Bhd's current ratio of last year was 3.68545882.
==> 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.
Econframe Bhd's number of shares in issue this year was 388.535. Econframe Bhd's number of shares in issue last year was 377.935.
==> 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.
Econframe Bhd's gross margin of this year was 0.23279698. Econframe Bhd's gross margin of last year was 0.29173935.
==> 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
Econframe Bhd's asset turnover of this year was 0.93949317. Econframe Bhd's asset turnover of last year was 0.72345521.
==> 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
+
0
+
1
+
0
+
0
+
0
+
0
+
1
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Econframe Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Econframe Bhd (XKLS:0227) has a Piotroski F-Score of 4 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Econframe Bhd and its competitors. This is near median its historical median of 4.00. Over the past decade, Econframe Bhd's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Econframe Bhd ranks #1144 out of 1738 companies in the Construction industry, placing it in the top 65.8%.
Is Econframe Bhd's Piotroski F-Score too high?
Econframe Bhd's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Econframe Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Econframe Bhd ranks #1144 out of 1738 companies in the Construction industry, which is below the industry midpoint. Overall, Econframe Bhd has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Econframe Bhd's Piotroski F-Score compare to TT and JCI?
According to the Construction industry distribution chart, Econframe Bhd ranks #1144 out of 1738 companies for Piotroski F-Score. This places Econframe Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Econframe Bhd's value of 4 is 20% below this benchmark. Historically, Econframe Bhd's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Econframe Bhd has consistently been below 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 1,738 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. Econframe Bhd's current Piotroski F-Score of 4 is 20% below 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 Econframe 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. Econframe Bhd's current Piotroski F-Score is 4, which is near 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 Econframe Bhd stock overvalued right now?
Based on GuruFocus' analysis, Econframe Bhd (XKLS:0227) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.79, compared to a current price of RM0.25 — trading 68.4% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Construction industry median of 5.00. Econframe Bhd's overall GF Score™ is 52/100 with 6 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 Econframe Bhd (XKLS:0227), the current Piotroski F-Score is 4 as of Aug. 21, 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 Econframe Bhd (XKLS:0227) Overvalued in 2026?
Based on GuruFocus' analysis, Econframe Bhd stock appears to be undervalued.
The current stock price of RM0.25 is trading 68.4% below its estimated GF Value™ of RM0.79.
GuruFocus considers Econframe Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0227:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: RM0.79 vs. price of RM0.25 (68.4% below fair value)
Industry Position: 20% below the Construction median (#1144 of 1738)
No single metric tells the full story. See the XKLS:0227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Econframe Bhd is an investment holding company. Its subsidiaries are engaged in the manufacturing and sales of doors, door and window frames, glass processing, and fabrication and installation of aluminium glazing, glass products, and facade works. The Group operates in three reportable operating segments: Manufacturing, which focuses on doors, frames, glass and facade works and generates the majority of revenue; Trading, which involves trading of doors and ironmongery and the trading and provision of installation services for solar energy products and systems; and Investment holding, which provides corporate and financial support to the Group. The Group operates predominantly in Malaysia.
52GF Score
Get the complete analysis for XKLS:0227
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0227 has been successfully added to your 
