WTK Holdings Bhd (XKLS:4243) Piotroski F-Score: 5 (As of Jul. 02, 2026) — Near Median


XKLS:4243 WTK Holdings Bhd XKLS:4243
30 GF Score
Price RM0.78
GF Value RM0.48
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is WTK Holdings Bhd Piotroski F-Score?

WTK Holdings Bhd XKLS:4243 30 Piotroski F-Score is 5 as of Jul. 02, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:4243 with a GF Score™ of 30/100 and a GF Value™ of RM0.48 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 557 Conglomerates companies, WTK Holdings Bhd ranks better than 51.17% 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

WTK Holdings Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for WTK Holdings Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:4243' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of WTK Holdings Bhd was 9. The lowest was 3. And the median was 5.

WTK Holdings Bhd  (XKLS:4243) 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.


WTK Holdings Bhd Piotroski F-Score Related Terms


WTK Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for WTK Holdings 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.

WTK Holdings Bhd Piotroski F-Score Chart

WTK Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 4.00 5.00 7.00

WTK Holdings 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 5.00 6.00 7.00 5.00

XKLS:4243 vs HON, MMM: Piotroski F-Score Comparison

For the Conglomerates subindustry, WTK Holdings 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.


WTK Holdings Bhd Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, WTK Holdings Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:4243
30GF Score
WTK Holdings Bhd XKLS:4243
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 17.438 + 27.381 + 15.181 + 7.268 = RM67.3 Mil.
Cash Flow from Operations was 52.169 + -40.102 + -17.635 + -88.852 = RM-94.4 Mil.
Revenue was 138.182 + 130.797 + 151.556 + 131.251 = RM551.8 Mil.
Gross Profit was 23.671 + 20.696 + 27.226 + 22.351 = RM93.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1391.474 + 1375.453 + 1328.405 + 1368.034 + 1368.628) / 5 = RM1366.3988 Mil.
Total Assets at the begining of this year (Mar25) was RM1,391.5 Mil.
Long-Term Debt & Capital Lease Obligation was RM306.1 Mil.
Total Current Assets was RM451.3 Mil.
Total Current Liabilities was RM171.2 Mil.
Net Income was 1.025 + 1.828 + -51.401 + -21.407 = RM-70.0 Mil.

Revenue was 174.371 + 167.563 + 170.989 + 156.55 = RM669.5 Mil.
Gross Profit was 22.109 + 21.758 + 11.168 + 23.889 = RM78.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1493.684 + 1515.002 + 1462.229 + 1428.586 + 1391.474) / 5 = RM1458.195 Mil.
Total Assets at the begining of last year (Mar24) was RM1,493.7 Mil.
Long-Term Debt & Capital Lease Obligation was RM303.5 Mil.
Total Current Assets was RM417.6 Mil.
Total Current Liabilities was RM257.7 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.

WTK Holdings Bhd's current Net Income (TTM) was 67.3. ==> 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.

WTK Holdings Bhd's current Cash Flow from Operations (TTM) was -94.4. ==> Negative ==> Score 0.

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)
=67.268/1391.474
=0.04834298

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-69.955/1493.684
=-0.04683387

WTK Holdings Bhd's return on assets of this year was 0.04834298. WTK Holdings Bhd's return on assets of last year was -0.04683387. ==> 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.

WTK Holdings Bhd's current Net Income (TTM) was 67.3. WTK Holdings Bhd's current Cash Flow from Operations (TTM) was -94.4. ==> -94.4 <= 67.3 ==> 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
=306.148/1366.3988
=0.22405465

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=303.467/1458.195
=0.2081114

WTK Holdings Bhd's gearing of this year was 0.22405465. WTK Holdings Bhd's gearing of last year was 0.2081114. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=451.281/171.226
=2.63558689

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=417.649/257.659
=1.62093697

WTK Holdings Bhd's current ratio of this year was 2.63558689. WTK Holdings Bhd's current ratio of last year was 1.62093697. ==> 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.

WTK Holdings Bhd's number of shares in issue this year was 467.807. WTK Holdings Bhd's number of shares in issue last year was 467.807. ==> 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
=93.944/551.786
=0.17025441

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=78.924/669.473
=0.11788974

WTK Holdings Bhd's gross margin of this year was 0.17025441. WTK Holdings Bhd's gross margin of last year was 0.11788974. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=551.786/1391.474
=0.39654783

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=669.473/1493.684
=0.44820256

WTK Holdings Bhd's asset turnover of this year was 0.39654783. WTK Holdings Bhd's asset turnover of last year was 0.44820256. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+1+0+0+1+1+1+0
=5

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

WTK Holdings Bhd has an F-score of 5 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 5 mean?
WTK Holdings Bhd (XKLS:4243) has a Piotroski F-Score of 5 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on WTK Holdings Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, WTK Holdings Bhd's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, WTK Holdings Bhd ranks #272 out of 557 companies in the Conglomerates industry, placing it in the top 48.8%.
Is WTK Holdings Bhd's Piotroski F-Score too high?
WTK Holdings Bhd's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. WTK Holdings Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, WTK Holdings Bhd ranks #272 out of 557 companies in the Conglomerates industry, which is above the industry midpoint. Overall, WTK Holdings Bhd has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WTK Holdings Bhd's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, WTK Holdings Bhd ranks #272 out of 557 companies for Piotroski F-Score. This puts WTK Holdings Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. WTK Holdings Bhd's value of 5 is 0% at this benchmark. Historically, WTK Holdings Bhd's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, WTK Holdings Bhd has consistently been at 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 557 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. WTK Holdings Bhd's current Piotroski F-Score of 5 is 0% at 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 WTK Holdings Bhd and its competitors. For the Conglomerates 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. WTK Holdings Bhd's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WTK Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WTK Holdings Bhd (XKLS:4243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.48, compared to a current price of RM0.78 — trading 61.5% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Conglomerates industry median of 5.00. WTK Holdings Bhd's overall GF Score™ is 30/100 with 12 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 WTK Holdings Bhd (XKLS:4243), the current Piotroski F-Score is 5 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.

Is WTK Holdings Bhd (XKLS:4243) Overvalued in 2026?

Based on GuruFocus' analysis, WTK Holdings Bhd stock appears to be overvalued. The current stock price of RM0.78 is trading 61.5% above its estimated GF Value™ of RM0.48. GuruFocus considers WTK Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:4243:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: RM0.48 vs. price of RM0.78 (61.5% above fair value)
  • GF Score™: 30/100 with 12 warning signs
  • Industry Position: 0% at the Conglomerates median (#272 of 557)

No single metric tells the full story. See the XKLS:4243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WTK Holdings Bhd Business Description

Address No. 1, Jalan Bujang Suntong, Bangunan Hung Ann, Sibu, SWK, MYS, 96000
WTK Holdings Bhd is an investment holding company. It is diversified group with three core business, plantation, food and tapes. It has five reportable segments Plantation includes cultivation of oil palm, production and sales of crude palm oil and palm kernel; Food includes sales of frozen, chill and consumer products and food catering services; Tapes includes manufacture, sales of adhesive and gummed tapes and the trading of tapes, foil, papers and electrostatic discharge products; Timber includes the extraction and sale of timber, manufacture and sale of plywood, veneer and sawn timber and reforestation; Investment holding and others includes rental income, interest income and amusement, of which majority of sales is from Plantation. It generates majority of revenue from Malaysia.
30GF Score

Get the complete analysis for XKLS:4243

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

RM0.78
Price
RM0.48
GF Value