TP Tec Holding BhdXKLS:03061 10 Piotroski F-Score is 6 as of Jul. 04, 2026, which is at its 10-year median of 6.00. GuruFocus rates XKLS:03061 with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 2,976 Industrial Products companies, TP Tec Holding Bhd ranks better than 75.47% 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
TP Tec Holding Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for TP Tec Holding Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:03061'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 6
Current: 6
During the past 4 years, the highest Piotroski F-Score of TP Tec Holding Bhd was 6. The lowest was 6. And the median was 6.
TP Tec Holding Bhd (XKLS:03061) 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.
TP Tec Holding Bhd Piotroski F-Score Related Terms
TP Tec Holding Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for TP Tec Holding 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.
TP Tec Holding Bhd Piotroski F-Score Chart
TP Tec Holding Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Piotroski F-Score
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6.00
6.00
TP Tec Holding Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Jun25
Dec25
Piotroski F-Score
N/A
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6.00
0.00
6.00
XKLS:03061 vs GEV, ETN, PH: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, TP Tec Holding 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.
TP Tec Holding Bhd Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TP Tec Holding Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TP Tec Holding 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.
TP Tec Holding Bhd's current Net Income (TTM) was 6.71.
==> 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.
TP Tec Holding Bhd's return on assets of this year was 0.13799128. TP Tec Holding Bhd's return on assets of last year was 0.11758996.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TP Tec Holding Bhd's gearing of this year was 0.42318034. TP Tec Holding Bhd's gearing of last year was 0.48654968.
==> 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
TP Tec Holding Bhd's current ratio of this year was 1.65343863. TP Tec Holding Bhd's current ratio of last year was 1.90597326.
==> 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.
TP Tec Holding Bhd's number of shares in issue this year was 500. TP Tec Holding Bhd's number of shares in issue last year was 500.
==> 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.
TP Tec Holding Bhd's gross margin of this year was 0.33103388. TP Tec Holding Bhd's gross margin of last year was 0.33066574.
==> 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
TP Tec Holding Bhd's asset turnover of this year was 1.182988. TP Tec Holding Bhd's asset turnover of last year was 1.20492493.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
TP Tec Holding Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
TP Tec Holding Bhd (XKLS:03061) has a Piotroski F-Score of 6 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TP Tec Holding Bhd and its competitors. This is near median its historical median of 6.00. Over the past decade, TP Tec Holding Bhd's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, TP Tec Holding Bhd ranks #730 out of 2976 companies in the Industrial Products industry, placing it in the top 24.5%.
Is TP Tec Holding Bhd's Piotroski F-Score too high?
TP Tec Holding Bhd's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. TP Tec Holding Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, TP Tec Holding Bhd ranks #730 out of 2976 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, TP Tec Holding Bhd has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TP Tec Holding Bhd's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TP Tec Holding Bhd ranks #730 out of 2976 companies for Piotroski F-Score. This places TP Tec Holding Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TP Tec Holding Bhd's value of 6 is 20% above this benchmark. Historically, TP Tec Holding Bhd's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, TP Tec Holding Bhd has consistently been above 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,976 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. TP Tec Holding Bhd's current Piotroski F-Score of 6 is 20% above 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 TP Tec Holding Bhd and its competitors. For the Industrial Products 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. TP Tec Holding Bhd's current Piotroski F-Score is 6, which is near 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 TP Tec Holding Bhd stock overvalued right now?
TP Tec Holding Bhd (XKLS:03061) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. TP Tec Holding Bhd's overall GF Score™ is 10/100 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 TP Tec Holding Bhd (XKLS:03061), the current Piotroski F-Score is 6 as of Jul. 04, 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.
TP Tec Holding Bhd is mainly involved in investment holding and the provision of management services to its subsidiaries. Its subsidiaries are involved in the sale, hire and maintenance of power generators and construction machinery, the installation of solar hybrid power systems, and related work mainly for the telecommunications industry. It also distributes filters, under the Donaldson brand, to the transportation, construction, marine, mining, energy and agriculture industries.
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