Haily Group Bhd (XKLS:0237) Piotroski F-Score: 5 (As of Jun. 27, 2026) — Near Median


XKLS:0237 Haily Group Bhd XKLS:0237
71 GF Score
Price RM0.18
GF Value RM0.28
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Haily Group Bhd Piotroski F-Score?

Haily Group Bhd XKLS:0237 71 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:0237 with a GF Score™ of 71/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,735 Construction companies, Haily Group Bhd ranks better than 52.8% 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

Haily Group 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 Haily Group Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0237' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 5

During the past 9 years, the highest Piotroski F-Score of Haily Group Bhd was 6. The lowest was 2. And the median was 5.

Haily Group Bhd  (XKLS:0237) 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.


Haily Group Bhd Piotroski F-Score Related Terms


Haily Group Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Haily 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.

Haily Group Bhd Piotroski F-Score Chart

Haily Group Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 4.00 2.00 5.00 6.00

Haily Group 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 6.00 4.00 6.00 6.00 5.00

XKLS:0237 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Haily 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.


Haily Group Bhd Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Haily Group Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Haily Group Bhd's Piotroski F-Score falls into.


XKLS:0237
71GF Score
Haily Group Bhd XKLS:0237
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 2.585 + 3.158 + 2.889 + 2.768 = RM11.4 Mil.
Cash Flow from Operations was -0.689 + 18.206 + 16.945 + 8.42 = RM42.9 Mil.
Revenue was 110.904 + 115.773 + 108.7 + 91.06 = RM426.4 Mil.
Gross Profit was 9.891 + 10.09 + 9.42 + 9.362 = RM38.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(238.053 + 255.313 + 261.118 + 260.987 + 251.668) / 5 = RM253.4278 Mil.
Total Assets at the begining of this year (Mar25) was RM238.1 Mil.
Long-Term Debt & Capital Lease Obligation was RM4.1 Mil.
Total Current Assets was RM236.5 Mil.
Total Current Liabilities was RM127.6 Mil.
Net Income was 2.517 + 2.143 + 2.47 + 2.912 = RM10.0 Mil.

Revenue was 82.613 + 84.83 + 81.289 + 95.849 = RM344.6 Mil.
Gross Profit was 8.269 + 7.906 + 8.419 + 9.402 = RM34.0 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(186.909 + 210.705 + 213.001 + 232.423 + 238.053) / 5 = RM216.2182 Mil.
Total Assets at the begining of last year (Mar24) was RM186.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM3.3 Mil.
Total Current Assets was RM223.8 Mil.
Total Current Liabilities was RM123.3 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.

Haily Group Bhd's current Net Income (TTM) was 11.4. ==> 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.

Haily Group Bhd's current Cash Flow from Operations (TTM) was 42.9. ==> 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)
=11.4/238.053
=0.0478885

ROA (Last Year)=Net Income/Total Assets (Mar24)
=10.042/186.909
=0.05372668

Haily Group Bhd's return on assets of this year was 0.0478885. Haily Group Bhd's return on assets of last year was 0.05372668. ==> 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.

Haily Group Bhd's current Net Income (TTM) was 11.4. Haily Group Bhd's current Cash Flow from Operations (TTM) was 42.9. ==> 42.9 > 11.4 ==> 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
=4.072/253.4278
=0.01606769

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3.307/216.2182
=0.01529473

Haily Group Bhd's gearing of this year was 0.01606769. Haily Group Bhd's gearing of last year was 0.01529473. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=236.469/127.647
=1.85252297

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=223.818/123.318
=1.81496618

Haily Group Bhd's current ratio of this year was 1.85252297. Haily Group Bhd's current ratio of last year was 1.81496618. ==> 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.

Haily Group Bhd's number of shares in issue this year was 423.005. Haily Group Bhd's number of shares in issue last year was 423.005. ==> 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
=38.763/426.437
=0.09089971

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=33.996/344.581
=0.09865895

Haily Group Bhd's gross margin of this year was 0.09089971. Haily Group Bhd's gross margin of last year was 0.09865895. ==> 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)
=426.437/238.053
=1.79135319

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=344.581/186.909
=1.84357629

Haily Group Bhd's asset turnover of this year was 1.79135319. Haily Group Bhd's asset turnover of last year was 1.84357629. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+0+0
=5

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

Haily Group 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?
Haily Group Bhd (XKLS:0237) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Haily Group Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, Haily Group Bhd's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Haily Group Bhd ranks #819 out of 1735 companies in the Construction industry, placing it in the top 47.2%.
Is Haily Group Bhd's Piotroski F-Score too high?
Haily Group Bhd's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Construction industry median Piotroski F-Score is 5.00. Haily Group Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, Haily Group Bhd ranks #819 out of 1735 companies in the Construction industry, which is above the industry midpoint. Overall, Haily Group Bhd has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haily Group Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Haily Group Bhd ranks #819 out of 1735 companies for Piotroski F-Score. This puts Haily Group Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Haily Group Bhd's value of 5 is 0% at this benchmark. Historically, Haily Group Bhd's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Haily Group 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 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. Haily Group 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 Haily Group 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. Haily Group Bhd's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haily Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Haily Group Bhd (XKLS:0237) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.18 — trading 35.7% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Construction industry median of 5.00. Haily Group Bhd's overall GF Score™ is 71/100 with 3 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 Haily Group Bhd (XKLS:0237), the current Piotroski F-Score is 5 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 Haily Group Bhd (XKLS:0237) Overvalued in 2026?

Based on GuruFocus' analysis, Haily Group Bhd stock appears to be undervalued. The current stock price of RM0.18 is trading 35.7% below its estimated GF Value™ of RM0.28. GuruFocus considers Haily Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0237:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: RM0.28 vs. price of RM0.18 (35.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 0% at the Construction median (#819 of 1735)

No single metric tells the full story. See the XKLS:0237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haily Group Bhd Business Description

Address No. 3339, Jalan Pekeliling Tanjung 27, Kawasan Perindustrian Indahpura, Kulai, JHR, MYS, 81000
Haily Group Bhd is involved in the building construction of residential and non-residential buildings. Residential buildings consist of single and multi-dwelling buildings while non-residential buildings consist of commercial, purpose-built and industrial buildings. The Group's operates in two segments, namely the building construction and the others segments. The building construction segment, which derives maximum revenue comprises building construction activities of residential and non-residential buildings. The others segment is comprised of the civil engineering construction works, rental of construction machinery and equipment and agricultural activities of managing and harvesting of durian and other fruit. The Group operates only in Malaysia.
71GF Score

Get the complete analysis for XKLS:0237

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.18
Price
RM0.28
GF Value