Kluang Rubber Co Malaya Bhd (XKLS:2453) Piotroski F-Score: 6 (As of Jun. 27, 2026) — Near Median


XKLS:2453 Kluang Rubber Co Malaya Bhd XKLS:2453
75 GF Score
Price RM5.88
GF Value RM6.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Kluang Rubber Co Malaya Bhd Piotroski F-Score?

Kluang Rubber Co Malaya Bhd XKLS:2453 +1.55% 75 Piotroski F-Score is 6 as of Jun. 27, 2026, which is at its 10-year median of 6.00. GuruFocus rates XKLS:2453 with a GF Score™ of 75/100 and a GF Value™ of RM6.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Kluang Rubber Co Malaya Bhd ranks better than 73.47% 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

Kluang Rubber Co Malaya Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Kluang Rubber Co Malaya Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:2453' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Kluang Rubber Co Malaya Bhd was 7. The lowest was 2. And the median was 6.

Kluang Rubber Co Malaya Bhd  (XKLS:2453) 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.


Kluang Rubber Co Malaya Bhd Piotroski F-Score Related Terms


Kluang Rubber Co Malaya Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kluang Rubber Co Malaya 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.

Kluang Rubber Co Malaya Bhd Piotroski F-Score Chart

Kluang Rubber Co Malaya Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 5.00 4.00 6.00

Kluang Rubber Co Malaya Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 6.00 6.00 6.00 6.00

XKLS:2453 vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Kluang Rubber Co Malaya 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.


Kluang Rubber Co Malaya Bhd Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Kluang Rubber Co Malaya Bhd's Piotroski F-Score falls into.


XKLS:2453
75GF Score
Kluang Rubber Co Malaya Bhd XKLS:2453
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 13.557 + 15.37 + 4.264 + 3.024 = RM36.22 Mil.
Cash Flow from Operations was 2.845 + 4.632 + 3.969 + -1.324 = RM10.12 Mil.
Revenue was 19.143 + 23.817 + 14.868 + 9.326 = RM67.15 Mil.
Gross Profit was 14.616 + 19.582 + 8.871 + 5.187 = RM48.26 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1456.603 + 1467.69 + 1572.092 + 1557.977 + 1523.043) / 5 = RM1515.481 Mil.
Total Assets at the begining of this year (Mar25) was RM1,456.60 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.32 Mil.
Total Current Assets was RM264.08 Mil.
Total Current Liabilities was RM6.38 Mil.
Net Income was 4.703 + 14.677 + -8.254 + 3.82 = RM14.95 Mil.

Revenue was 19.857 + 21.448 + 11.025 + 7.541 = RM59.87 Mil.
Gross Profit was 15.359 + 17.602 + 6.027 + 5.032 = RM44.02 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1368.388 + 1499.443 + 1433.533 + 1459.568 + 1456.603) / 5 = RM1443.507 Mil.
Total Assets at the begining of last year (Mar24) was RM1,368.39 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.46 Mil.
Total Current Assets was RM301.06 Mil.
Total Current Liabilities was RM6.27 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.

Kluang Rubber Co Malaya Bhd's current Net Income (TTM) was 36.22. ==> 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.

Kluang Rubber Co Malaya Bhd's current Cash Flow from Operations (TTM) was 10.12. ==> 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 (Mar25)
=36.215/1456.603
=0.02486264

ROA (Last Year)=Net Income/Total Assets (Mar24)
=14.946/1368.388
=0.01092234

Kluang Rubber Co Malaya Bhd's return on assets of this year was 0.02486264. Kluang Rubber Co Malaya Bhd's return on assets of last year was 0.01092234. ==> 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.

Kluang Rubber Co Malaya Bhd's current Net Income (TTM) was 36.22. Kluang Rubber Co Malaya Bhd's current Cash Flow from Operations (TTM) was 10.12. ==> 10.12 <= 36.22 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2.316/1515.481
=0.00152823

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2.455/1443.507
=0.00170072

Kluang Rubber Co Malaya Bhd's gearing of this year was 0.00152823. Kluang Rubber Co Malaya Bhd's gearing of last year was 0.00170072. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=264.084/6.378
=41.40545626

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=301.06/6.273
=47.99298581

Kluang Rubber Co Malaya Bhd's current ratio of this year was 41.40545626. Kluang Rubber Co Malaya Bhd's current ratio of last year was 47.99298581. ==> 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.

Kluang Rubber Co Malaya Bhd's number of shares in issue this year was 61.997. Kluang Rubber Co Malaya Bhd's number of shares in issue last year was 62.167. ==> 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
=48.256/67.154
=0.71858713

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=44.02/59.871
=0.73524745

Kluang Rubber Co Malaya Bhd's gross margin of this year was 0.71858713. Kluang Rubber Co Malaya Bhd's gross margin of last year was 0.73524745. ==> 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 (Mar25)
=67.154/1456.603
=0.04610316

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=59.871/1368.388
=0.04375294

Kluang Rubber Co Malaya Bhd's asset turnover of this year was 0.04610316. Kluang Rubber Co Malaya Bhd's asset turnover of last year was 0.04375294. ==> 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+0+1+0+1
=6

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

Kluang Rubber Co Malaya Bhd has an F-score of 6 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 6 mean?
Kluang Rubber Co Malaya Bhd (XKLS:2453) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kluang Rubber Co Malaya Bhd and its competitors. This is near median its historical median of 6.00. Over the past decade, Kluang Rubber Co Malaya Bhd's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Kluang Rubber Co Malaya Bhd ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 26.5%.
Is Kluang Rubber Co Malaya Bhd's Piotroski F-Score too high?
Kluang Rubber Co Malaya Bhd's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Kluang Rubber Co Malaya Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Kluang Rubber Co Malaya Bhd ranks #507 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kluang Rubber Co Malaya Bhd has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kluang Rubber Co Malaya Bhd's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Kluang Rubber Co Malaya Bhd ranks #507 out of 1911 companies for Piotroski F-Score. This puts Kluang Rubber Co Malaya Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kluang Rubber Co Malaya Bhd's value of 6 is 20% above this benchmark. Historically, Kluang Rubber Co Malaya Bhd's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kluang Rubber Co Malaya 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Kluang Rubber Co Malaya Bhd's current Piotroski F-Score of 6 is 20% 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 Kluang Rubber Co Malaya 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. Kluang Rubber Co Malaya Bhd's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kluang Rubber Co Malaya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kluang Rubber Co Malaya Bhd (XKLS:2453) is currently considered Fairly Valued. The stock's GF Value™ is RM6.06, compared to a current price of RM5.88 — trading 3% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Kluang Rubber Co Malaya Bhd's overall GF Score™ is 75/100 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 Kluang Rubber Co Malaya Bhd (XKLS:2453), the current Piotroski F-Score is 6 as of Jun. 27, 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 Kluang Rubber Co Malaya Bhd (XKLS:2453) Overvalued in 2026?

Based on GuruFocus' analysis, Kluang Rubber Co Malaya Bhd stock appears to be undervalued. The current stock price of RM5.88 is trading 3% below its estimated GF Value™ of RM6.06. GuruFocus considers Kluang Rubber Co Malaya Bhd to be Fairly Valued.

Key valuation signals for XKLS:2453:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: RM6.06 vs. price of RM5.88 (3% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#507 of 1911)

No single metric tells the full story. See the XKLS:2453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kluang Rubber Co Malaya Bhd Business Description

Address Batu 2 Jalan Mengkibol, Kluang Estate, P.O. Box 64, Kluang, JHR, MYS, 86007
Kluang Rubber Co Malaya Bhd is an investment holding company. It has two reportable segments: Plantation and Investments. Its Plantation segment is engaged in the cultivation of oil palm. The Investments segment is engaged in the long-term portfolio investment in securities, deposits with banks, and investment properties. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of its revenue from Malaysia and also has its presence in Singapore, Hong Kong, United Kingdom, Cayman Islands and Australia.
75GF Score

Get the complete analysis for XKLS:2453

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

RM5.88
Price
RM6.06
GF Value