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Orgabio Holdings Bhd (XKLS:0252) Piotroski F-Score : 8 (As of Mar. 28, 2025)


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What is Orgabio Holdings Bhd Piotroski F-Score?

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

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

XKLS:0252' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 8

During the past 7 years, the highest Piotroski F-Score of Orgabio Holdings Bhd was 8. The lowest was 3. And the median was 7.


Orgabio Holdings Bhd Piotroski F-Score Historical Data

The historical data trend for Orgabio 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.

* Premium members only.

Orgabio Holdings Bhd Piotroski F-Score Chart

Orgabio Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A N/A 7.00

Orgabio Holdings Bhd Quarterly Data
Jun18 Jun19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.00 N/A 7.00 8.00 8.00

Competitive Comparison of Orgabio Holdings Bhd's Piotroski F-Score

For the Beverages - Non-Alcoholic subindustry, Orgabio 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.


Orgabio Holdings Bhd's Piotroski F-Score Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Orgabio Holdings Bhd's Piotroski F-Score distribution charts can be found below:

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


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 2.12 + 0.973 + 1.07 + 1.266 = RM5.43 Mil.
Cash Flow from Operations was 9.011 + 0.436 + 0.011 + 0.319 = RM9.78 Mil.
Revenue was 22.43 + 20.904 + 23.441 + 25.401 = RM92.18 Mil.
Gross Profit was 4.369 + 3.569 + 4.533 + 3.916 = RM16.39 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(70.355 + 75.486 + 77.41 + 82.059 + 88.901) / 5 = RM78.8422 Mil.
Total Assets at the begining of this year (Dec23) was RM70.36 Mil.
Long-Term Debt & Capital Lease Obligation was RM8.30 Mil.
Total Current Assets was RM44.32 Mil.
Total Current Liabilities was RM22.40 Mil.
Net Income was -0.746 + 0.631 + 0.046 + 0.971 = RM0.90 Mil.

Revenue was 12.319 + 13.224 + 12.15 + 18.656 = RM56.35 Mil.
Gross Profit was 1.61 + 1.982 + 2.22 + 3.717 = RM9.53 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(71.347 + 69.505 + 69.134 + 68.302 + 70.355) / 5 = RM69.7286 Mil.
Total Assets at the begining of last year (Dec22) was RM71.35 Mil.
Long-Term Debt & Capital Lease Obligation was RM8.64 Mil.
Total Current Assets was RM36.54 Mil.
Total Current Liabilities was RM8.85 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.

Orgabio Holdings Bhd's current Net Income (TTM) was 5.43. ==> 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.

Orgabio Holdings Bhd's current Cash Flow from Operations (TTM) was 9.78. ==> 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 (Dec23)
=5.429/70.355
=0.0771658

ROA (Last Year)=Net Income/Total Assets (Dec22)
=0.902/71.347
=0.01264244

Orgabio Holdings Bhd's return on assets of this year was 0.0771658. Orgabio Holdings Bhd's return on assets of last year was 0.01264244. ==> 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.

Orgabio Holdings Bhd's current Net Income (TTM) was 5.43. Orgabio Holdings Bhd's current Cash Flow from Operations (TTM) was 9.78. ==> 9.78 > 5.43 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=8.304/78.8422
=0.10532431

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=8.641/69.7286
=0.12392333

Orgabio Holdings Bhd's gearing of this year was 0.10532431. Orgabio Holdings Bhd's gearing of last year was 0.12392333. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=44.321/22.402
=1.97843943

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=36.543/8.85
=4.12915254

Orgabio Holdings Bhd's current ratio of this year was 1.97843943. Orgabio Holdings Bhd's current ratio of last year was 4.12915254. ==> 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.

Orgabio Holdings Bhd's number of shares in issue this year was 247.868. Orgabio Holdings Bhd's number of shares in issue last year was 247.868. ==> 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
=16.387/92.176
=0.17777947

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9.529/56.349
=0.16910682

Orgabio Holdings Bhd's gross margin of this year was 0.17777947. Orgabio Holdings Bhd's gross margin of last year was 0.16910682. ==> This year's gross margin is higher. ==> Score 1.

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 (Dec23)
=92.176/70.355
=1.31015564

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=56.349/71.347
=0.78978794

Orgabio Holdings Bhd's asset turnover of this year was 1.31015564. Orgabio Holdings Bhd's asset turnover of last year was 0.78978794. ==> 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+0+1+1+1
=8

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

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

Orgabio Holdings Bhd  (XKLS:0252) 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.


Orgabio Holdings Bhd Piotroski F-Score Related Terms

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Orgabio Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Phase 5D, Bandar Tasik Kesuma Techno Park, Lot 83, Jalan Kesuma 2/3, Beranang, SGR, MYS, 43700
Orgabio Holdings Bhd is principally involved in the provision of manufacturing services for instant beverage premixes for third party brand owners. The Group is principally involved in a single segment: Manufacturing and sales of health supplements and beverages. Geographically, the company operates in Malaysia, Republic of Singapore, China, Papua New Guinea, Trinidad and Tobago and Others. It derives maximum revenue from Malaysia. The products of the company include: Caramel Latte, Charcoal White Coffee, Choco Malt Drink, Black Coffee, Cafe Au Lait and Others.

Orgabio Holdings Bhd Headlines

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