L&P Global Bhd (XKLS:0268) Piotroski F-Score: 4 (As of Jul. 01, 2026) — 33% Below Median


What is L&P Global Bhd Piotroski F-Score?

L&P Global Bhd XKLS:0268 Piotroski F-Score is 4 as of Jul. 01, 2026, which is 33% below its 10-year median of 6.00. The stock has 5 warning signs investors should review. Among 386 Packaging & Containers companies, L&P Global Bhd ranks worse than 69.69% 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

L&P Global 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 L&P Global Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0268' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 7 years, the highest Piotroski F-Score of L&P Global Bhd was 8. The lowest was 4. And the median was 6.

L&P Global Bhd  (XKLS:0268) 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.


L&P Global Bhd Piotroski F-Score Related Terms


L&P Global Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for L&P Global 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.

L&P Global Bhd Piotroski F-Score Chart

L&P Global Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 8.00 6.00 5.00

L&P Global Bhd Quarterly Data
Dec19 Dec20 Dec21 Jul22 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 6.00 6.00 6.00 5.00 4.00

XKLS:0268 vs SW, PKG, IP: Piotroski F-Score Comparison

For the Packaging & Containers subindustry, L&P Global 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.


L&P Global Bhd Piotroski F-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, L&P Global Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where L&P Global 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 -0.269 + -1.161 + -0.504 + -1.22 = RM-3.15 Mil.
Cash Flow from Operations was 6.668 + 3.264 + 0.951 + 10.314 = RM21.20 Mil.
Revenue was 19.108 + 16.3 + 15.94 + 15.114 = RM66.46 Mil.
Gross Profit was 19.108 + 16.3 + -45.753 + 15.114 = RM4.77 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(141.567 + 140.325 + 137.936 + 136.515 + 136.655) / 5 = RM138.5996 Mil.
Total Assets at the begining of this year (Mar25) was RM141.57 Mil.
Long-Term Debt & Capital Lease Obligation was RM15.46 Mil.
Total Current Assets was RM96.79 Mil.
Total Current Liabilities was RM18.90 Mil.
Net Income was 3.935 + 0.731 + 2.11 + 0.601 = RM7.38 Mil.

Revenue was 36.216 + 31.722 + 29.215 + 23.346 = RM120.50 Mil.
Gross Profit was 36.216 + 31.722 + -75.53 + 23.346 = RM15.75 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(146.47 + 146.046 + 144.89 + 143.394 + 141.567) / 5 = RM144.4734 Mil.
Total Assets at the begining of last year (Mar24) was RM146.47 Mil.
Long-Term Debt & Capital Lease Obligation was RM25.93 Mil.
Total Current Assets was RM89.94 Mil.
Total Current Liabilities was RM9.20 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.

L&P Global Bhd's current Net Income (TTM) was -3.15. ==> Negative ==> Score 0.

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.

L&P Global Bhd's current Cash Flow from Operations (TTM) was 21.20. ==> 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)
=-3.154/141.567
=-0.0222792

ROA (Last Year)=Net Income/Total Assets (Mar24)
=7.377/146.47
=0.05036526

L&P Global Bhd's return on assets of this year was -0.0222792. L&P Global Bhd's return on assets of last year was 0.05036526. ==> 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.

L&P Global Bhd's current Net Income (TTM) was -3.15. L&P Global Bhd's current Cash Flow from Operations (TTM) was 21.20. ==> 21.20 > -3.15 ==> 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
=15.464/138.5996
=0.11157319

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=25.933/144.4734
=0.17950017

L&P Global Bhd's gearing of this year was 0.11157319. L&P Global Bhd's gearing of last year was 0.17950017. ==> 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
=96.793/18.903
=5.12050997

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=89.944/9.199
=9.77758452

L&P Global Bhd's current ratio of this year was 5.12050997. L&P Global Bhd's current ratio of last year was 9.77758452. ==> 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.

L&P Global Bhd's number of shares in issue this year was 560.798. L&P Global Bhd's number of shares in issue last year was 562.643. ==> 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
=4.769/66.462
=0.07175529

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=15.754/120.499
=0.13073967

L&P Global Bhd's gross margin of this year was 0.07175529. L&P Global Bhd's gross margin of last year was 0.13073967. ==> 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)
=66.462/141.567
=0.46947382

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=120.499/146.47
=0.82268724

L&P Global Bhd's asset turnover of this year was 0.46947382. L&P Global Bhd's asset turnover of last year was 0.82268724. ==> 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
=0+1+0+1+1+0+1+0+0
=4

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

L&P Global Bhd has an F-score of 4 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 4 mean?
L&P Global Bhd (XKLS:0268) has a Piotroski F-Score of 4 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on L&P Global Bhd and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, L&P Global Bhd's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, L&P Global Bhd ranks #269 out of 386 companies in the Packaging & Containers industry, placing it in the top 69.7%.
Is L&P Global Bhd's Piotroski F-Score too high?
L&P Global Bhd's current Piotroski F-Score of 4 is 33% below 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 Packaging & Containers industry median Piotroski F-Score is 5.00. L&P Global Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, L&P Global Bhd ranks #269 out of 386 companies in the Packaging & Containers industry, which is below the industry midpoint.
How does L&P Global Bhd's Piotroski F-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, L&P Global Bhd ranks #269 out of 386 companies for Piotroski F-Score. This places L&P Global Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. L&P Global Bhd's value of 4 is 20% below this benchmark. Historically, L&P Global 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, L&P Global 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 Packaging & Containers company?
The median Piotroski F-Score among Packaging & Containers companies is 5.00, based on 386 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. L&P Global 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 L&P Global Bhd and its competitors. For the Packaging & Containers 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. L&P Global Bhd's current Piotroski F-Score is 4, which is 33% below 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 L&P Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, L&P Global Bhd (XKLS:0268) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.12, compared to a current price of RM0.10 — trading 16.7% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Packaging & Containers 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 L&P Global Bhd (XKLS:0268), the current Piotroski F-Score is 4 as of Jul. 01, 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.

L&P Global Bhd Business Description

Address 2619, Lorong Perusahaan 8D, Kawasan Perusahaan Perai, Perai, PNG, MYS, 13600
L&P Global Bhd is an integrated industrial packaging solutions provider. Its integrated industrial packaging solutions include the design and manufacturing of wooden industrial packaging products, provision of packing services, provision of circular supply services, and trading of packaging-related products and raw materials. The company's customers are predominantly multinational corporations in renewable energy, electronics, semiconductor, and medical industries. Geographically, the company derives maximum revenue from Malaysia and the rest from Vietnam.