Nestle Malaysia BhdXKLS:4707 +0.23%88 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XKLS:4707 with a GF Score™ of 88/100 and a GF Value™ of RM116.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Nestle Malaysia Bhd ranks better than 97.7% 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
Nestle Malaysia 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 Nestle Malaysia Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:4707'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of Nestle Malaysia Bhd was 9. The lowest was 3. And the median was 6.
Nestle Malaysia Bhd (XKLS:4707) 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.
Nestle Malaysia Bhd Piotroski F-Score Related Terms
Nestle Malaysia Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Nestle Malaysia 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:4707 vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Nestle Malaysia 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.
Nestle Malaysia Bhd Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Malaysia Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Nestle Malaysia 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 112.11 + 114.044 + 125.534 + 205.118 = RM557 Mil. Cash Flow from Operations was 220.872 + 299.309 + 180.916 + 399.854 = RM1,101 Mil. Revenue was 1668.411 + 1762.334 + 1681.857 + 1880.402 = RM6,993 Mil. Gross Profit was 496.323 + 519.878 + 525.122 + 599.193 = RM2,141 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3622.883 + 3713.773 + 3641.037 + 3646.7 + 3528.546) / 5 = RM3630.5878 Mil. Total Assets at the begining of this year (Mar25) was RM3,623 Mil. Long-Term Debt & Capital Lease Obligation was RM125 Mil. Total Current Assets was RM1,349 Mil. Total Current Liabilities was RM2,636 Mil.
Net Income was 93.597 + 85.411 + 41.102 + 161.343 = RM381 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.
Nestle Malaysia Bhd's current Net Income (TTM) was 557.
==> 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.
Nestle Malaysia Bhd's return on assets of this year was 0.15369141. Nestle Malaysia Bhd's return on assets of last year was 0.10304644.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Nestle Malaysia Bhd's gearing of this year was 0.03438562. Nestle Malaysia Bhd's gearing of last year was 0.12659287.
==> 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
Nestle Malaysia Bhd's current ratio of this year was 0.51162927. Nestle Malaysia Bhd's current ratio of last year was 0.54599861.
==> 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.
Nestle Malaysia Bhd's number of shares in issue this year was 234.5. Nestle Malaysia Bhd's number of shares in issue last year was 234.5.
==> 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.
Nestle Malaysia Bhd's gross margin of this year was 0.30609392. Nestle Malaysia Bhd's gross margin of last year was 0.29576752.
==> 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
Nestle Malaysia Bhd's asset turnover of this year was 1.93023181. Nestle Malaysia Bhd's asset turnover of last year was 1.67769152.
==> 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
Nestle Malaysia Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Nestle Malaysia Bhd (XKLS:4707) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nestle Malaysia Bhd and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Nestle Malaysia Bhd's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Nestle Malaysia Bhd ranks #44 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 2.3%.
Is Nestle Malaysia Bhd's Piotroski F-Score too high?
Nestle Malaysia Bhd's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Nestle Malaysia Bhd's value of 8 is 60% above this industry median. Based on the distribution chart, Nestle Malaysia Bhd ranks #44 out of 1911 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nestle Malaysia Bhd has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Malaysia Bhd's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Malaysia Bhd ranks #44 out of 1911 companies for Piotroski F-Score. This places Nestle Malaysia Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Nestle Malaysia Bhd's value of 8 is 60% above this benchmark. Historically, Nestle Malaysia 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 6.00 vs. the industry median of 5.00, Nestle Malaysia 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. Nestle Malaysia 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 Nestle Malaysia 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. Nestle Malaysia Bhd's current Piotroski F-Score is 8, which is 33% above 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 Nestle Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nestle Malaysia Bhd (XKLS:4707) is currently considered Modestly Undervalued. The stock's GF Value™ is RM116.82, compared to a current price of RM95.84 — trading 18% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Nestle Malaysia Bhd's overall GF Score™ is 88/100 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 Nestle Malaysia Bhd (XKLS:4707), the current Piotroski F-Score is 8 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 Nestle Malaysia Bhd (XKLS:4707) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Malaysia Bhd stock appears to be undervalued.
The current stock price of RM95.84 is trading 18% below its estimated GF Value™ of RM116.82.
GuruFocus considers Nestle Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:4707:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: RM116.82 vs. price of RM95.84 (18% below fair value)
Industry Position: 60% above the Consumer Packaged Goods median (#44 of 1911)
No single metric tells the full story. See the XKLS:4707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments which include Nutrition, Nestle Professional, Nestle Health Science and NESPRESSO. The Food and Beverages segment derives maximum revenue. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately maximum of total sales. The known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.
88GF Score
Get the complete analysis for XKLS:4707
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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