WTEC Group BhdXKLS:0352 22 Piotroski F-Score is 9 as of Jul. 02, 2026, which is at its 10-year median of 9.00. GuruFocus rates XKLS:0352 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 1,564 Chemicals companies, WTEC Group Bhd ranks better than 99.94% on this metric.
Good Sign:
Piotroski F-Score is 9, 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
WTEC Group Bhd has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for WTEC Group Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0352'
s Piotroski F-Score Range Over the Past 10 Years
Min: 9 Med: 9 Max: 9
Current: 9
During the past 5 years, the highest Piotroski F-Score of WTEC Group Bhd was 9. The lowest was 9. And the median was 9.
WTEC Group Bhd (XKLS:0352) 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.
WTEC Group Bhd Piotroski F-Score Related Terms
WTEC Group Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for WTEC 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.
For the Chemicals subindustry, WTEC 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.
WTEC Group Bhd Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, WTEC Group Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where WTEC Group 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.
WTEC Group Bhd's current Net Income (TTM) was 4.49.
==> 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.
WTEC Group Bhd's return on assets of this year was 0.10447414. WTEC Group Bhd's return on assets of last year was 0.03122865.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
WTEC Group Bhd's gearing of this year was 0.00860236. WTEC Group Bhd's gearing of last year was 0.02643616.
==> 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
WTEC Group Bhd's current ratio of this year was 6.08256881. WTEC Group Bhd's current ratio of last year was 3.33105903.
==> 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.
WTEC Group Bhd's number of shares in issue this year was 480. WTEC Group Bhd's number of shares in issue last year was 480.
==> 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.
WTEC Group Bhd's gross margin of this year was 0.33247023. WTEC Group Bhd's gross margin of last year was 0.32491266.
==> 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
WTEC Group Bhd's asset turnover of this year was 1.14176638. WTEC Group Bhd's asset turnover of last year was 0.30499167.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
WTEC Group Bhd has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
WTEC Group Bhd (XKLS:0352) has a Piotroski F-Score of 9 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on WTEC Group Bhd and its competitors. This is near median its historical median of 9.00. Over the past decade, WTEC Group Bhd's Piotroski F-Score has ranged from 9.00 to 9.00. According to the industry distribution chart, WTEC Group Bhd ranks #1 out of 1564 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is WTEC Group Bhd's Piotroski F-Score too high?
WTEC Group Bhd's current Piotroski F-Score of 9 is near median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 9.00 to a high of 9.00. The Chemicals industry median Piotroski F-Score is 5.00. WTEC Group Bhd's value of 9 is 80% above this industry median. Based on the distribution chart, WTEC Group Bhd ranks #1 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, WTEC Group Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does WTEC Group Bhd's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, WTEC Group Bhd ranks #1 out of 1564 companies for Piotroski F-Score. This places WTEC Group Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. WTEC Group Bhd's value of 9 is 80% above this benchmark. Historically, WTEC Group Bhd's own Piotroski F-Score has ranged from 9.00 to 9.00 over the past decade. While the company's 10-year median is 9.00 vs. the industry median of 5.00, WTEC Group 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 a Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. WTEC Group Bhd's current Piotroski F-Score of 9 is 80% 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 WTEC Group Bhd and its competitors. For the Chemicals 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. WTEC Group Bhd's current Piotroski F-Score is 9, which is near median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WTEC Group Bhd stock overvalued right now?
WTEC Group Bhd (XKLS:0352) has a current Piotroski F-Score of 9. The current Piotroski F-Score is 9, which is near median its 10-year median of 9.00 and 80% above the Chemicals industry median of 5.00. WTEC Group Bhd's overall GF Score™ is 22/100 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 WTEC Group Bhd (XKLS:0352), the current Piotroski F-Score is 9 as of Jul. 02, 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.
WTEC Group Bhd is principally involved in the manufacturing and trading of foam and non-foam products and has its principal place of business in Malaysia. The manufacturing of foam products involves producing semi-finished and finished products using mainly PU and to a lesser extent PE, NBR, PVC, and EVA foam. The types of foam products: - foam-backed laminates used for a wide variety of applications; - parts for the automotive industry; - parts for the electrical and electronics industry; - construction materials; - medical and personal protective equipment parts; and - others such as protective packaging, cleaning sponges, and foam profiles. The types of non-foam products It manufactures are mainly non-woven fabric parts for the automotive industry, such as padding used for armrests.
22GF Score
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