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MAA Group BhdXKLS:1198 +3.70%17 Piotroski F-Score is 4 as of Sep. 07, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates XKLS:1198 with a GF Score™ of 17/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 489 Insurance companies, MAA Group Bhd ranks worse than 76.69% 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
MAA Group Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for MAA Group Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:1198'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 3 Max: 6
Current: 4
During the past 13 years, the highest Piotroski F-Score of MAA Group Bhd was 6. The lowest was 3. And the median was 3.
MAA Group Bhd (XKLS:1198) 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.
MAA Group Bhd Piotroski F-Score Related Terms
MAA Group Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for MAA 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:1198 vs BRK.A, AIG, HIG: Piotroski F-Score Comparison
For the Insurance - Diversified subindustry, MAA 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.
MAA Group Bhd Piotroski F-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, MAA Group Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MAA 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.
MAA Group Bhd's current Net Income (TTM) was -101.50.
==> Negative ==> Score 0.
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.
MAA Group Bhd's return on assets of this year was -0.2448598. MAA Group Bhd's return on assets of last year was -0.11315788.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
MAA Group Bhd's gearing of this year was 0.17174131. MAA Group Bhd's gearing of last year was 0.11094934.
==> 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
MAA Group Bhd's current ratio of this year was 0.86992. MAA Group Bhd's current ratio of last year was 2.50958842.
==> Last year's current ratio is higher ==> Score 0.
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.
MAA Group Bhd's number of shares in issue this year was 263.732. MAA Group Bhd's number of shares in issue last year was 263.732.
==> 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.
MAA Group Bhd's gross margin of this year was 0.49166496. MAA Group Bhd's gross margin of last year was 0.50073182.
==> 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
MAA Group Bhd's asset turnover of this year was 0.23530433. MAA Group Bhd's asset turnover of last year was 0.22175209.
==> 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
MAA Group Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
MAA Group Bhd (XKLS:1198) has a Piotroski F-Score of 4 as of Sep. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MAA Group Bhd and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, MAA Group Bhd's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, MAA Group Bhd ranks #375 out of 489 companies in the Insurance industry, placing it in the top 76.7%.
Is MAA Group Bhd's Piotroski F-Score too high?
MAA Group Bhd's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Insurance industry median Piotroski F-Score is 6.00. MAA Group Bhd's value of 4 is 33.3% below this industry median. Based on the distribution chart, MAA Group Bhd ranks #375 out of 489 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, MAA Group Bhd has a GF Score™ of 17/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MAA Group Bhd's Piotroski F-Score compare to BRK.A and AIG?
According to the Insurance industry distribution chart, MAA Group Bhd ranks #375 out of 489 companies for Piotroski F-Score. This places MAA Group Bhd in the lower half of its industry. The industry median Piotroski F-Score is 6.00. MAA Group Bhd's value of 4 is 33.3% below this benchmark. Historically, MAA Group Bhd's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, MAA Group Bhd has consistently been below 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 Insurance company?
The median Piotroski F-Score among Insurance companies is 6.00, based on 489 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. MAA Group Bhd's current Piotroski F-Score of 4 is 33.3% below 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 MAA Group Bhd and its competitors. For the Insurance industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAA Group Bhd's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MAA Group Bhd (XKLS:1198) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.14 — trading 26.3% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% below the Insurance industry median of 6.00. MAA Group Bhd's overall GF Score™ is 17/100 with 4 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 MAA Group Bhd (XKLS:1198), the current Piotroski F-Score is 4 as of Sep. 07, 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.
Is MAA Group Bhd (XKLS:1198) Overvalued in 2026?
Based on GuruFocus' analysis, MAA Group Bhd stock appears to be undervalued.
The current stock price of RM0.14 is trading 26.3% below its estimated GF Value™ of RM0.19.
GuruFocus considers MAA Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:1198:
Piotroski F-Score: 4 (33% above median its 10-year median of 3.00)
GF Value™: RM0.19 vs. price of RM0.14 (26.3% below fair value)
Industry Position: 33.3% below the Insurance median (#375 of 489)
No single metric tells the full story. See the XKLS:1198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAA Group Bhd is an investment holding company. The company along with its subsidiaries operates in given segments Investment holdings segment is engaged in investment holdings. General Insurance involves the underwriting of all classes of general insurance business. Education Services segment provides private tuition to students, tertiary education for certificates, diplomas, professional and post-graduate degrees; Credit Services involves provision of money lending, debt factoring and other credit activities and Hospitality Services involves provision of hospitality services, Cinema Services food and beverage, retailer of Cigars, and other services including logistics, renovation, facilities management service. It generates maximum revenue from the General insurance segment.
17GF Score
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