OGX Group Bhd (XKLS:0395) Piotroski F-Score: 7 (As of Aug. 09, 2026) — 13% Below Median

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XKLS:0395 OGX Group Bhd XKLS:0395
16 GF Score
Price RM0.45
! 2 Warning Signs
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What is OGX Group Bhd Piotroski F-Score?

OGX Group Bhd XKLS:0395 +1.14% 16 Piotroski F-Score is 7 as of Aug. 09, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates XKLS:0395 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,722 Software companies, OGX Group Bhd ranks better than 91.77% 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

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

XKLS:0395' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 8   Max: 9
Current: 7

During the past 5 years, the highest Piotroski F-Score of OGX Group Bhd was 9. The lowest was 7. And the median was 8.

OGX Group Bhd  (XKLS:0395) 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.


OGX Group Bhd Piotroski F-Score Related Terms


OGX Group Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OGX 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.

OGX Group Bhd Piotroski F-Score Chart

OGX Group Bhd Annual Data
Trend May22 May23 May24 May25 May26
Piotroski F-Score
N/A N/A 8.00 9.00 7.00

OGX Group Bhd Semi-Annual Data
May22 May23 May24 May25 May26
Piotroski F-Score N/A N/A 8.00 9.00 7.00

XKLS:0395 vs IBM, ACN, FISV: Piotroski F-Score Comparison

For the Information Technology Services subindustry, OGX 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.


OGX Group Bhd Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, OGX Group Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:0395
16GF Score
OGX Group Bhd XKLS:0395
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 RM23.2 Mil.
Cash Flow from Operations was RM9.7 Mil.
Revenue was RM284.7 Mil.
Gross Profit was RM57.4 Mil.
Average Total Assets from the begining of this year (May25)
to the end of this year (May26) was (114.213 + 207.606) / 2 = RM160.9095 Mil.
Total Assets at the begining of this year (May25) was RM114.2 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.3 Mil.
Total Current Assets was RM193.1 Mil.
Total Current Liabilities was RM99.6 Mil.
Net Income was RM15.3 Mil.

Revenue was RM176.3 Mil.
Gross Profit was RM38.6 Mil.
Average Total Assets from the begining of last year (May24)
to the end of last year (May25) was (106.988 + 114.213) / 2 = RM110.6005 Mil.
Total Assets at the begining of last year (May24) was RM107.0 Mil.
Long-Term Debt & Capital Lease Obligation was RM4.5 Mil.
Total Current Assets was RM99.8 Mil.
Total Current Liabilities was RM71.8 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.

OGX Group Bhd's current Net Income (TTM) was 23.2. ==> 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.

Score 1 if positive, 0 if negative.

OGX Group Bhd's current Cash Flow from Operations (TTM) was 9.7. ==> 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)
=23.151/114.213
=0.20270022

ROA (Last Year)=Net Income/Total Assets (May24)
=15.309/106.988
=0.14309081

OGX Group Bhd's return on assets of this year was 0.20270022. OGX Group Bhd's return on assets of last year was 0.14309081. ==> 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.

OGX Group Bhd's current Net Income (TTM) was 23.2. OGX Group Bhd's current Cash Flow from Operations (TTM) was 9.7. ==> 9.7 <= 23.2 ==> 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
=0.281/160.9095
=0.00174632

Gearing (Last Year: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=4.536/110.6005
=0.04101247

OGX Group Bhd's gearing of this year was 0.00174632. OGX Group Bhd's gearing of last year was 0.04101247. ==> 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

Current Ratio (This Year: May26)=Total Current Assets/Total Current Liabilities
=193.133/99.584
=1.9393979

Current Ratio (Last Year: May25)=Total Current Assets/Total Current Liabilities
=99.844/71.788
=1.39081741

OGX Group Bhd's current ratio of this year was 1.9393979. OGX Group Bhd's current ratio of last year was 1.39081741. ==> 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.

OGX Group Bhd's number of shares in issue this year was 750. OGX Group Bhd's number of shares in issue last year was 750. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=57.449/284.667
=0.20181124

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38.59/176.308
=0.21887833

OGX Group Bhd's gross margin of this year was 0.20181124. OGX Group Bhd's gross margin of last year was 0.21887833. ==> Last year's gross margin is higher ==> Score 0.

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)
=284.667/114.213
=2.49242205

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May24)
=176.308/106.988
=1.64792313

OGX Group Bhd's asset turnover of this year was 2.49242205. OGX Group Bhd's asset turnover of last year was 1.64792313. ==> This year's asset turnover is higher. ==> Score 1.

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+1+1+1+0+1
=7

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

OGX Group Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
OGX Group Bhd (XKLS:0395) has a Piotroski F-Score of 7 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OGX Group Bhd and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, OGX Group Bhd's Piotroski F-Score has ranged from 7.00 to 9.00. According to the industry distribution chart, OGX Group Bhd ranks #224 out of 2722 companies in the Software industry, placing it in the top 8.2%.
Is OGX Group Bhd's Piotroski F-Score too high?
OGX Group Bhd's current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 9.00. The Software industry median Piotroski F-Score is 5.00. OGX Group Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, OGX Group Bhd ranks #224 out of 2722 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, OGX Group Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does OGX Group Bhd's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, OGX Group Bhd ranks #224 out of 2722 companies for Piotroski F-Score. This places OGX Group Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. OGX Group Bhd's value of 7 is 40% above this benchmark. Historically, OGX Group Bhd's own Piotroski F-Score has ranged from 7.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, OGX 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,722 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. OGX Group 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 OGX Group Bhd and its competitors. For the Software 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. OGX Group Bhd's current Piotroski F-Score is 7, which is 13% below 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 OGX Group Bhd stock overvalued right now?
OGX Group Bhd (XKLS:0395) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 40% above the Software industry median of 5.00. OGX Group Bhd's overall GF Score™ is 16/100 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 OGX Group Bhd (XKLS:0395), the current Piotroski F-Score is 7 as of Aug. 09, 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.

OGX Group Bhd Business Description

Address No. 18 & 20, Jalan Astaka U8/84A, Taman Perindustrian Bukit Jelutong, Seksyen U8, Shah Alam, SGR, MYS, 40150
OGX Group Bhd is an investment holding company. The company, along with its subsidiaries, is principally involved in the provision of IT infrastructure solutions, focusing on the provision of network solutions, cybersecurity solutions and enterprise data centre solutions as well as distribution of IT infrastructure products and product warranties and support services. The company's segments include the Solutions segment and the Non-solutions segment. The majority of revenue is derived from the Solutions segment, which focuses on the provision of IT infrastructure solutions that encompass the design and implementation of IT infrastructure solutions to its customers. Geographically, it generates all of its revenue from Malaysia.
16GF Score

Get the complete analysis for XKLS:0395

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

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