OB Holdings Bhd (XKLS:0327) Piotroski F-Score: 5 (As of Sep. 01, 2026) — Near Median

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XKLS:0327 OB Holdings Bhd XKLS:0327
44 GF Score
Price RM0.21
! 7 Warning Signs
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What is OB Holdings Bhd Piotroski F-Score?

OB Holdings Bhd XKLS:0327 -4.55% 44 Piotroski F-Score is 5 as of Sep. 01, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:0327 with a GF Score™ of 44/100. The stock has 7 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, OB Holdings Bhd ranks better than 52.05% 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

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

XKLS:0327' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 5
Current: 5

During the past 6 years, the highest Piotroski F-Score of OB Holdings Bhd was 5. The lowest was 5. And the median was 5.

OB Holdings Bhd  (XKLS:0327) 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.


OB Holdings Bhd Piotroski F-Score Related Terms


OB Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OB 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.

OB Holdings Bhd Piotroski F-Score Chart

OB Holdings Bhd Annual Data
Trend May21 May22 May23 May24 May25 May26
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A N/A 5.00

OB Holdings Bhd Quarterly Data
May21 May22 May23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A 6.00 6.00 5.00

XKLS:0327 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, OB 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.


OB Holdings Bhd Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


XKLS:0327
44GF Score
OB Holdings Bhd XKLS:0327
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 (May26) TTM:Last Year (May25) TTM:
Net Income was 1.62 + 2.408 + 2.135 + 2.5 = RM8.66 Mil.
Cash Flow from Operations was 2.757 + 4.804 + -2.712 + 3.798 = RM8.65 Mil.
Revenue was 13.538 + 19.012 + 16.069 + 18.397 = RM67.02 Mil.
Gross Profit was 6.566 + 8.026 + 7.237 + 7.974 = RM29.80 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was
(76.709 + 74.697 + 83.044 + 83.254 + 92.894) / 5 = RM82.1196 Mil.
Total Assets at the begining of this year (May25) was RM76.71 Mil.
Long-Term Debt & Capital Lease Obligation was RM11.08 Mil.
Total Current Assets was RM45.92 Mil.
Total Current Liabilities was RM10.68 Mil.
Net Income was 1.442 + 0.257 + 1.152 + 1.718 = RM4.57 Mil.

Revenue was 12.022 + 12.683 + 13.895 + 15.926 = RM54.53 Mil.
Gross Profit was 5.39 + 5.512 + 5.449 + 5.937 = RM22.29 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was
(52.474 + 0 + 81.275 + 75.132 + 76.709) / 5 = RM71.3975 Mil.
Total Assets at the begining of last year (May24) was RM52.47 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.68 Mil.
Total Current Assets was RM44.55 Mil.
Total Current Liabilities was RM12.09 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.

OB Holdings Bhd's current Net Income (TTM) was 8.66. ==> 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.

OB Holdings Bhd's current Cash Flow from Operations (TTM) was 8.65. ==> 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 (May25)
=8.663/76.709
=0.11293329

ROA (Last Year)=Net Income/Total Assets (May24)
=4.569/52.474
=0.08707169

OB Holdings Bhd's return on assets of this year was 0.11293329. OB Holdings Bhd's return on assets of last year was 0.08707169. ==> 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.

OB Holdings Bhd's current Net Income (TTM) was 8.66. OB Holdings Bhd's current Cash Flow from Operations (TTM) was 8.65. ==> 8.65 <= 8.66 ==> 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: May26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May25 to May26
=11.081/82.1196
=0.13493734

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=0.678/71.3975
=0.00949613

OB Holdings Bhd's gearing of this year was 0.13493734. OB Holdings Bhd's gearing of last year was 0.00949613. ==> 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: May26)=Total Current Assets/Total Current Liabilities
=45.922/10.677
=4.30102089

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=44.554/12.087
=3.68610904

OB Holdings Bhd's current ratio of this year was 4.30102089. OB Holdings Bhd's current ratio of last year was 3.68610904. ==> 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.

OB Holdings Bhd's number of shares in issue this year was 391.627. OB Holdings Bhd's number of shares in issue last year was 327.1. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=29.803/67.016
=0.44471469

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=22.288/54.526
=0.40875912

OB Holdings Bhd's gross margin of this year was 0.44471469. OB Holdings Bhd's gross margin of last year was 0.40875912. ==> 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 (May25)
=67.016/76.709
=0.87363934

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=54.526/52.474
=1.03910508

OB Holdings Bhd's asset turnover of this year was 0.87363934. OB Holdings Bhd's asset turnover of last year was 1.03910508. ==> 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+1+0+0+1+0+1+0
=5

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

OB Holdings 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?
OB Holdings Bhd (XKLS:0327) has a Piotroski F-Score of 5 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OB Holdings Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, OB Holdings Bhd's Piotroski F-Score has ranged from 5.00 to 5.00. According to the industry distribution chart, OB Holdings Bhd ranks #922 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 47.9%.
Is OB Holdings Bhd's Piotroski F-Score too high?
OB Holdings 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 5.00 to a high of 5.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. OB Holdings Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, OB Holdings Bhd ranks #922 out of 1923 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, OB Holdings Bhd has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does OB Holdings Bhd's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, OB Holdings Bhd ranks #922 out of 1923 companies for Piotroski F-Score. This puts OB Holdings Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. OB Holdings Bhd's value of 5 is 0% at this benchmark. Historically, OB Holdings Bhd's own Piotroski F-Score has ranged from 5.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, OB Holdings 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 1,923 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. OB Holdings 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 OB Holdings 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. OB Holdings 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 OB Holdings Bhd stock overvalued right now?
OB Holdings Bhd (XKLS:0327) has a current Piotroski F-Score of 5. 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. OB Holdings Bhd's overall GF Score™ is 44/100 with 7 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 OB Holdings Bhd (XKLS:0327), the current Piotroski F-Score is 5 as of Sep. 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.

OB Holdings Bhd Business Description

Address Dataran Emerald, Jalan PS 11, No. B-G-1, B-G-2 and B-G-3, Prima Selayang, Batu Caves, SGR, MYS, 68100
OB Holdings Bhd is principally involved in the provision of manufacturing services of fortified food and beverage (F&B) and dietary supplements to third-party brand owners; as well as the manufacturing, sales and marketing of fortified F&B and dietary supplements under its house brands, namely Bonlife, GoHerb, Zen Night, Sleepin' Beaute, EZ: Nitez, Beyoute, Zen Youte and Zenliv. Further, it is also involved in the provision of contract packing services of milk powder, tea leaves, honey, herb powder, fruit powder and liquid chlorophyll into retail packaging sizes, and trading of milk powder and other activities.
44GF Score

Get the complete analysis for XKLS:0327

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

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