Astramina Group Bhd (XKLS:03032) Piotroski F-Score: 5 (As of Jun. 26, 2026) — Near Median


XKLS:03032 Astramina Group Bhd XKLS:03032
46 GF Score
Price RM0.50
GF Value RM0.43
! 6 Warning Signs
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What is Astramina Group Bhd Piotroski F-Score?

Astramina Group Bhd XKLS:03032 46 Piotroski F-Score is 5 as of Jun. 26, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:03032 with a GF Score™ of 46/100 and a GF Value™ of RM0.43. The stock has 6 warning signs investors should review.

The zones of discrimination were as such:

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

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

XKLS:03032' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 5

During the past 9 years, the highest Piotroski F-Score of Astramina Group Bhd was 7. The lowest was 2. And the median was 5.

Astramina Group Bhd  (XKLS:03032) 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.


Astramina Group Bhd Piotroski F-Score Related Terms


Astramina Group Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Astramina 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.

Astramina Group Bhd Piotroski F-Score Chart

Astramina Group Bhd Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 5.00 5.00 7.00 5.00

Astramina Group Bhd Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 5.00 0.00 7.00 0.00 5.00

XKLS:03032 vs JBS, KHC, K: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Astramina 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.


Astramina Group Bhd Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astramina Group Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:03032
46GF Score
Astramina Group Bhd XKLS:03032
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was RM6.36 Mil.
Cash Flow from Operations was RM4.76 Mil.
Revenue was RM19.68 Mil.
Gross Profit was RM9.81 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (72.806 + 80.611) / 2 = RM76.7085 Mil.
Total Assets at the begining of this year (Feb25) was RM72.81 Mil.
Long-Term Debt & Capital Lease Obligation was RM7.17 Mil.
Total Current Assets was RM68.11 Mil.
Total Current Liabilities was RM2.60 Mil.
Net Income was RM9.18 Mil.

Revenue was RM20.52 Mil.
Gross Profit was RM9.22 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (63.901 + 72.806) / 2 = RM68.3535 Mil.
Total Assets at the begining of last year (Feb24) was RM63.90 Mil.
Long-Term Debt & Capital Lease Obligation was RM5.91 Mil.
Total Current Assets was RM60.41 Mil.
Total Current Liabilities was RM2.53 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.

Astramina Group Bhd's current Net Income (TTM) was 6.36. ==> 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.

Astramina Group Bhd's current Cash Flow from Operations (TTM) was 4.76. ==> 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 (Feb25)
=6.36/72.806
=0.08735544

ROA (Last Year)=Net Income/Total Assets (Feb24)
=9.177/63.901
=0.14361278

Astramina Group Bhd's return on assets of this year was 0.08735544. Astramina Group Bhd's return on assets of last year was 0.14361278. ==> 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.

Astramina Group Bhd's current Net Income (TTM) was 6.36. Astramina Group Bhd's current Cash Flow from Operations (TTM) was 4.76. ==> 4.76 <= 6.36 ==> CFROA <= ROA ==> Score 0.

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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=7.165/76.7085
=0.09340555

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=5.909/68.3535
=0.08644766

Astramina Group Bhd's gearing of this year was 0.09340555. Astramina Group Bhd's gearing of last year was 0.08644766. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=68.105/2.604
=26.15399386

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=60.412/2.534
=23.84056827

Astramina Group Bhd's current ratio of this year was 26.15399386. Astramina Group Bhd's current ratio of last year was 23.84056827. ==> 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.

Astramina Group Bhd's number of shares in issue this year was 272.163. Astramina Group Bhd's number of shares in issue last year was 272.163. ==> 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
=9.807/19.684
=0.49822191

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9.222/20.52
=0.4494152

Astramina Group Bhd's gross margin of this year was 0.49822191. Astramina Group Bhd's gross margin of last year was 0.4494152. ==> 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 (Feb25)
=19.684/72.806
=0.27036233

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=20.52/63.901
=0.32112174

Astramina Group Bhd's asset turnover of this year was 0.27036233. Astramina Group Bhd's asset turnover of last year was 0.32112174. ==> 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+0+0+1+1+1+0
=5

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

Astramina 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?
Astramina Group Bhd (XKLS:03032) has a Piotroski F-Score of 5 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Astramina Group Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, Astramina Group Bhd's Piotroski F-Score has ranged from 2.00 to 7.00.
Is Astramina Group Bhd's Piotroski F-Score too high?
Astramina 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Astramina Group Bhd's value of 5 is 0% at this industry median. Overall, Astramina Group Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Astramina Group Bhd's Piotroski F-Score compare to JBS and KHC?
Astramina Group Bhd's Piotroski F-Score of 5 can be compared against companies in the Consumer Packaged Goods industry. The industry median Piotroski F-Score is 5.00. Astramina Group Bhd's value of 5 is 0% at this benchmark. Historically, Astramina Group 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 5.00 vs. the industry median of 5.00, Astramina 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Astramina 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 Astramina Group Bhd and its competitors. For the Consumer Packaged Goods 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. Astramina 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 Astramina Group Bhd stock overvalued right now?
Astramina Group Bhd (XKLS:03032) has a current Piotroski F-Score of 5. The stock's GF Value™ is RM0.43, compared to a current price of RM0.50 — trading 16.3% above 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 Consumer Packaged Goods industry median of 5.00. Astramina Group Bhd's overall GF Score™ is 46/100 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 Astramina Group Bhd (XKLS:03032), the current Piotroski F-Score is 5 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 Astramina Group Bhd (XKLS:03032) Overvalued in 2026?

Based on GuruFocus' analysis, Astramina Group Bhd stock appears to be overvalued. The current stock price of RM0.50 is trading 16.3% above its estimated GF Value™ of RM0.43.

Key valuation signals for XKLS:03032:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: RM0.43 vs. price of RM0.50 (16.3% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median

No single metric tells the full story. See the XKLS:03032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Astramina Group Bhd Business Description

Address No. 102, Jalan Metro Perdana Barat 13, Sri Edaran Industrial Park, Off Jalan Kepong, Kuala Lumpur, MYS, 52100
Astramina Group Bhd through its subsidiary is engaged in the manufacturing and selling of food ingredients, and trading of food ingredients. The operating business segments are manufacturing and selling of food ingredients, and trading of food ingredients, with maximum revenue from manufacturing and selling of food ingredients segment. It operates in Malaysia and Other countries as well.
46GF Score

Get the complete analysis for XKLS:03032

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

RM0.50
Price
RM0.43
GF Value