Aquawalk Group BhdXKLS:0380 -2.63%17 Piotroski F-Score is 8 as of Jul. 05, 2026, which is at its 10-year median of 8.00. GuruFocus rates XKLS:0380 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 837 Travel & Leisure companies, Aquawalk Group Bhd ranks better than 96.77% on this metric.
Good Sign:
Piotroski F-Score is 8, 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
Aquawalk Group Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Aquawalk Group Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:0380'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 8 Max: 9
Current: 8
During the past 5 years, the highest Piotroski F-Score of Aquawalk Group Bhd was 9. The lowest was 5. And the median was 8.
Aquawalk Group Bhd (XKLS:0380) 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.
Aquawalk Group Bhd Piotroski F-Score Related Terms
Aquawalk Group Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Aquawalk 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.
XKLS:0380 vs AS, HAS, LTH: Piotroski F-Score Comparison
For the Leisure subindustry, Aquawalk 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.
Aquawalk Group Bhd Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Aquawalk Group Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Aquawalk 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.
Aquawalk Group Bhd's current Net Income (TTM) was 37.2.
==> 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.
Aquawalk Group Bhd's return on assets of this year was 0.19131056. Aquawalk Group Bhd's return on assets of last year was 0.18735861.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Aquawalk Group Bhd's gearing of this year was 0.34327579. Aquawalk Group Bhd's gearing of last year was 0.28172292.
==> 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
Aquawalk Group Bhd's current ratio of this year was 4.51741681. Aquawalk Group Bhd's current ratio of last year was 0.91309476.
==> 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.
Aquawalk Group Bhd's number of shares in issue this year was 1474.4. Aquawalk Group Bhd's number of shares in issue last year was 1843.
==> 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.
Aquawalk Group Bhd's gross margin of this year was 0.59198624. Aquawalk Group Bhd's gross margin of last year was 0.56510323.
==> 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
Aquawalk Group Bhd's asset turnover of this year was 0.57356696. Aquawalk Group Bhd's asset turnover of last year was 0.39574019.
==> 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
Aquawalk Group Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Aquawalk Group Bhd (XKLS:0380) has a Piotroski F-Score of 8 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aquawalk Group Bhd and its competitors. This is near median its historical median of 8.00. Over the past decade, Aquawalk Group Bhd's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Aquawalk Group Bhd ranks #27 out of 837 companies in the Travel & Leisure industry, placing it in the top 3.2%.
Is Aquawalk Group Bhd's Piotroski F-Score too high?
Aquawalk Group Bhd's current Piotroski F-Score of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Aquawalk Group Bhd's value of 8 is 60% above this industry median. Based on the distribution chart, Aquawalk Group Bhd ranks #27 out of 837 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Aquawalk Group Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aquawalk Group Bhd's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Aquawalk Group Bhd ranks #27 out of 837 companies for Piotroski F-Score. This places Aquawalk Group Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Aquawalk Group Bhd's value of 8 is 60% above this benchmark. Historically, Aquawalk Group Bhd's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Aquawalk 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 837 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. Aquawalk Group Bhd's current Piotroski F-Score of 8 is 60% 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 Aquawalk Group Bhd and its competitors. For the Travel & Leisure 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. Aquawalk Group Bhd's current Piotroski F-Score is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aquawalk Group Bhd stock overvalued right now?
Aquawalk Group Bhd (XKLS:0380) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is near median its 10-year median of 8.00 and 60% above the Travel & Leisure industry median of 5.00. Aquawalk Group Bhd's overall GF Score™ is 17/100 with 2 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 Aquawalk Group Bhd (XKLS:0380), the current Piotroski F-Score is 8 as of Jul. 05, 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.
Aquawalk Group Bhd is an investment holding company. The principal activities are mainly involved in managing and operating aquariums, providing design services and construction of aquariums. The group has three reportable segments Aquawalk Malaysia, Aquawalk Thailand, and Others: Malaysia (non-aquarium business), Indonesia and Singapore. The company generates majority of revenue from Aquawalk Malaysia segment. The Group predominantly operates in Malaysia, Thailand and Indonesia. The company generates majority of revenue from Malaysia.
17GF Score
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