Ta Ann Holdings Bhd (XKLS:5012) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 14% Above Median


XKLS:5012 Ta Ann Holdings Bhd XKLS:5012
85 GF Score
Price RM5.22
GF Value RM4.49
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ta Ann Holdings Bhd Piotroski F-Score?

Ta Ann Holdings Bhd XKLS:5012 +0.77% 85 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates XKLS:5012 with a GF Score™ of 85/100 and a GF Value™ of RM4.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Ta Ann Holdings 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

Ta Ann Holdings 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 Ta Ann Holdings Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5012' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ta Ann Holdings Bhd was 9. The lowest was 4. And the median was 7.

Ta Ann Holdings Bhd  (XKLS:5012) 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.


Ta Ann Holdings Bhd Piotroski F-Score Related Terms


Ta Ann Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ta Ann 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.

Ta Ann Holdings Bhd Piotroski F-Score Chart

Ta Ann 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 9.00 8.00 6.00 8.00 8.00

Ta Ann 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 9.00 7.00 6.00 8.00 8.00

XKLS:5012 vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Ta Ann 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.


Ta Ann Holdings Bhd Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ta Ann Holdings Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5012
85GF Score
Ta Ann Holdings Bhd XKLS:5012
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 54.269 + 74.918 + 48.015 + 49.737 = RM227 Mil.
Cash Flow from Operations was 94.201 + 87.722 + 123.98 + 22.328 = RM328 Mil.
Revenue was 432.61 + 502.153 + 590.101 + 410.773 = RM1,936 Mil.
Gross Profit was 102.773 + 139.079 + 157.305 + 96.824 = RM496 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2675.015 + 2728.694 + 2829.256 + 2831.545 + 2838.947) / 5 = RM2780.6914 Mil.
Total Assets at the begining of this year (Mar25) was RM2,675 Mil.
Long-Term Debt & Capital Lease Obligation was RM17 Mil.
Total Current Assets was RM953 Mil.
Total Current Liabilities was RM362 Mil.
Net Income was 48.714 + 74.331 + 14.293 + 41.676 = RM179 Mil.

Revenue was 366.734 + 467.63 + 463.031 + 407.018 = RM1,704 Mil.
Gross Profit was 77.199 + 131.003 + 111.673 + 101.379 = RM421 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2686.138 + 2726.476 + 2754.546 + 2673.172 + 2675.015) / 5 = RM2703.0694 Mil.
Total Assets at the begining of last year (Mar24) was RM2,686 Mil.
Long-Term Debt & Capital Lease Obligation was RM22 Mil.
Total Current Assets was RM788 Mil.
Total Current Liabilities was RM265 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.

Ta Ann Holdings Bhd's current Net Income (TTM) was 227. ==> 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.

Ta Ann Holdings Bhd's current Cash Flow from Operations (TTM) was 328. ==> 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)
=226.939/2675.015
=0.08483653

ROA (Last Year)=Net Income/Total Assets (Mar24)
=179.014/2686.138
=0.06664363

Ta Ann Holdings Bhd's return on assets of this year was 0.08483653. Ta Ann Holdings Bhd's return on assets of last year was 0.06664363. ==> 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.

Ta Ann Holdings Bhd's current Net Income (TTM) was 227. Ta Ann Holdings Bhd's current Cash Flow from Operations (TTM) was 328. ==> 328 > 227 ==> CFROA > ROA ==> Score 1.

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
=17.29/2780.6914
=0.00621788

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=22.356/2703.0694
=0.0082706

Ta Ann Holdings Bhd's gearing of this year was 0.00621788. Ta Ann Holdings Bhd's gearing of last year was 0.0082706. ==> 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
=953.344/361.672
=2.63593532

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=788.034/264.752
=2.97649876

Ta Ann Holdings Bhd's current ratio of this year was 2.63593532. Ta Ann Holdings Bhd's current ratio of last year was 2.97649876. ==> 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.

Ta Ann Holdings Bhd's number of shares in issue this year was 440.462. Ta Ann Holdings Bhd's number of shares in issue last year was 440.462. ==> 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
=495.981/1935.637
=0.25623658

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=421.254/1704.413
=0.24715489

Ta Ann Holdings Bhd's gross margin of this year was 0.25623658. Ta Ann Holdings Bhd's gross margin of last year was 0.24715489. ==> 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)
=1935.637/2675.015
=0.72359856

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1704.413/2686.138
=0.63452176

Ta Ann Holdings Bhd's asset turnover of this year was 0.72359856. Ta Ann Holdings Bhd's asset turnover of last year was 0.63452176. ==> 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+1+1+0+1+1+1
=8

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

Ta Ann Holdings Bhd has an F-score of 8. 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 8 mean?
Ta Ann Holdings Bhd (XKLS:5012) 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 Ta Ann Holdings Bhd and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Ta Ann Holdings Bhd's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Ta Ann Holdings Bhd ranks #44 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 2.3%.
Is Ta Ann Holdings Bhd's Piotroski F-Score too high?
Ta Ann Holdings Bhd's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Ta Ann Holdings Bhd's value of 8 is 60% above this industry median. Based on the distribution chart, Ta Ann Holdings 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, Ta Ann Holdings Bhd has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Ann Holdings Bhd's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ta Ann Holdings Bhd ranks #44 out of 1911 companies for Piotroski F-Score. This places Ta Ann Holdings Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ta Ann Holdings Bhd's value of 8 is 60% above this benchmark. Historically, Ta Ann Holdings Bhd's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Ta Ann Holdings 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. Ta Ann Holdings 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 Ta Ann Holdings 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. Ta Ann Holdings Bhd's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Ann Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ta Ann Holdings Bhd (XKLS:5012) is currently considered Modestly Overvalued. The stock's GF Value™ is RM4.49, compared to a current price of RM5.22 — trading 16.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Consumer Packaged Goods industry median of 5.00. Ta Ann Holdings Bhd's overall GF Score™ is 85/100 with 5 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 Ta Ann Holdings Bhd (XKLS:5012), 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 Ta Ann Holdings Bhd (XKLS:5012) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Ann Holdings Bhd stock appears to be overvalued. The current stock price of RM5.22 is trading 16.3% above its estimated GF Value™ of RM4.49. GuruFocus considers Ta Ann Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5012:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: RM4.49 vs. price of RM5.22 (16.3% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#44 of 1911)

No single metric tells the full story. See the XKLS:5012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Ann Holdings Bhd Business Description

Address No. 6, Jalan Rawang, Ta Ann Building, Sibu, SWK, MYS, 96000
Ta Ann Holdings Bhd is an investment holding company in Malaysia, leasing premises and providing management services to its subsidiaries. The company is organized into three segments: Timber Products, Plantations, which generates the majority of revenue, and Others. Timber Products include trading of logs, manufacture, and sale of sawn timber, veneer, plywood, and other timber products from timber concession licenses, as well as reforestation plantations activities. The Plantations segment includes oil palm plantations and milling activities. Others include property development, investment, livestock, and agricultural production. The company's geographical segments are Malaysia, Japan, India, and Other countries.
85GF Score

Get the complete analysis for XKLS:5012

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

RM5.22
Price
RM4.49
GF Value