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Noesis Exed BhdXKLS:03071 19 Piotroski F-Score is 7 as of Aug. 31, 2026, which is at its 10-year median of 7.00. GuruFocus rates XKLS:03071 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 253 Education companies, Noesis Exed Bhd ranks better than 86.96% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
Noesis Exed Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Noesis Exed Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:03071'
s Piotroski F-Score Range Over the Past 10 Years
Min: 7 Med: 7 Max: 7
Current: 7
During the past 3 years, the highest Piotroski F-Score of Noesis Exed Bhd was 7. The lowest was 7. And the median was 7.
Noesis Exed Bhd (XKLS:03071) 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.
Noesis Exed Bhd Piotroski F-Score Related Terms
Noesis Exed Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Noesis Exed 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.
Noesis Exed Bhd Piotroski F-Score Chart
Noesis Exed Bhd Annual Data
Trend
Jun24
Jun25
Jun26
Piotroski F-Score
N/A
N/A
7.00
Noesis Exed Bhd Semi-Annual Data
Jun24
Dec24
Jun25
Dec25
Jun26
Piotroski F-Score
N/A
0.00
N/A
0.00
7.00
XKLS:03071 vs EDU, TAL, LAUR: Piotroski F-Score Comparison
For the Education & Training Services subindustry, Noesis Exed 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.
Noesis Exed Bhd Piotroski F-Score vs Education Industry
For the Education industry and Consumer Defensive sector, Noesis Exed Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Noesis Exed 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.
Noesis Exed Bhd's current Net Income (TTM) was 1.11.
==> 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.
Noesis Exed Bhd's return on assets of this year was 0.08013307. Noesis Exed Bhd's return on assets of last year was 0.07153825.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Noesis Exed Bhd's gearing of this year was 0.19741252. Noesis Exed Bhd's gearing of last year was 0.19740721.
==> 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
Noesis Exed Bhd's current ratio of this year was 1.52211472. Noesis Exed Bhd's current ratio of last year was 0.75905644.
==> 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.
Noesis Exed Bhd's number of shares in issue this year was 19.862. Noesis Exed Bhd's number of shares in issue last year was 19.862.
==> 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.
Noesis Exed Bhd's gross margin of this year was 0.73882863. Noesis Exed Bhd's gross margin of last year was 0.72013926.
==> 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
Noesis Exed Bhd's asset turnover of this year was 0.33340566. Noesis Exed Bhd's asset turnover of last year was 0.2606086.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Noesis Exed Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Noesis Exed Bhd (XKLS:03071) has a Piotroski F-Score of 7 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Noesis Exed Bhd and its competitors. This is near median its historical median of 7.00. Over the past decade, Noesis Exed Bhd's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, Noesis Exed Bhd ranks #33 out of 253 companies in the Education industry, placing it in the top 13%.
Is Noesis Exed Bhd's Piotroski F-Score too high?
Noesis Exed Bhd's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Education industry median Piotroski F-Score is 5.00. Noesis Exed Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Noesis Exed Bhd ranks #33 out of 253 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Noesis Exed Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Noesis Exed Bhd's Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Noesis Exed Bhd ranks #33 out of 253 companies for Piotroski F-Score. This places Noesis Exed Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Noesis Exed Bhd's value of 7 is 40% above this benchmark. Historically, Noesis Exed Bhd's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Noesis Exed 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 Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 253 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. Noesis Exed Bhd's current Piotroski F-Score of 7 is 40% 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 Noesis Exed Bhd and its competitors. For the Education 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. Noesis Exed Bhd's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noesis Exed Bhd stock overvalued right now?
Noesis Exed Bhd (XKLS:03071) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Education industry median of 5.00. Noesis Exed Bhd's overall GF Score™ is 19/100 with 1 warning sign 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 Noesis Exed Bhd (XKLS:03071), the current Piotroski F-Score is 7 as of Aug. 31, 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.
Noesis Exed Bhd is principally involved in the business training and provision of any other training services. The company offers professional certification preparatory courses, including CFA, CIMA, CIM, CPA Australia, FRM and CIA programmes and other training. These are the company's business segments. The maximum revenue is derived from CFA. Its operating segments include (i) Education services and ii) Property investment. The majority of the revenue is derived from the Education services segment, which is involved in the provision of education and related services, including training courses and other education-related activities. Geographically, it generates the maximum revenue from Malaysia and the rest from Singapore.
19GF Score
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