Engtex Group Bhd (XKLS:5056) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


XKLS:5056 Engtex Group Bhd XKLS:5056
57 GF Score
Price RM0.41
GF Value RM0.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Engtex Group Bhd Piotroski F-Score?

Engtex Group Bhd XKLS:5056 57 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XKLS:5056 with a GF Score™ of 57/100 and a GF Value™ of RM0.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 150 Industrial Distribution companies, Engtex Group Bhd ranks better than 96% 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

Engtex Group 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 Engtex Group Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5056' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Engtex Group Bhd was 9. The lowest was 2. And the median was 6.

Engtex Group Bhd  (XKLS:5056) 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.


Engtex Group Bhd Piotroski F-Score Related Terms


Engtex Group Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Engtex 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.

Engtex Group Bhd Piotroski F-Score Chart

Engtex Group 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 5.00 2.00 5.00 8.00

Engtex Group 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 4.00 5.00 6.00 8.00 8.00

XKLS:5056 vs GWW, FAST, FERG: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, Engtex 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.


Engtex Group Bhd Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Engtex Group Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5056
57GF Score
Engtex Group Bhd XKLS:5056
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 2.756 + 4.24 + 20.221 + 8.953 = RM36 Mil.
Cash Flow from Operations was 31.383 + -13.706 + 6.109 + 42.733 = RM67 Mil.
Revenue was 344.185 + 404.768 + 374.454 + 322.631 = RM1,446 Mil.
Gross Profit was 36.064 + 41.205 + 51.967 + 44.98 = RM174 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1489.668 + 1468.677 + 1555.155 + 1605.292 + 1568.219) / 5 = RM1537.4022 Mil.
Total Assets at the begining of this year (Mar25) was RM1,490 Mil.
Long-Term Debt & Capital Lease Obligation was RM49 Mil.
Total Current Assets was RM1,051 Mil.
Total Current Liabilities was RM620 Mil.
Net Income was 1.604 + 1.824 + -2.487 + 0.407 = RM1 Mil.

Revenue was 329.198 + 364.625 + 383.936 + 310.342 = RM1,388 Mil.
Gross Profit was 31.879 + 29.052 + 35.659 + 30.638 = RM127 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1597.165 + 1558.834 + 1534.746 + 1569.263 + 1489.668) / 5 = RM1549.9352 Mil.
Total Assets at the begining of last year (Mar24) was RM1,597 Mil.
Long-Term Debt & Capital Lease Obligation was RM54 Mil.
Total Current Assets was RM968 Mil.
Total Current Liabilities was RM586 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.

Engtex Group Bhd's current Net Income (TTM) was 36. ==> 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.

Engtex Group Bhd's current Cash Flow from Operations (TTM) was 67. ==> 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)
=36.17/1489.668
=0.02428058

ROA (Last Year)=Net Income/Total Assets (Mar24)
=1.348/1597.165
=0.000844

Engtex Group Bhd's return on assets of this year was 0.02428058. Engtex Group Bhd's return on assets of last year was 0.000844. ==> 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.

Engtex Group Bhd's current Net Income (TTM) was 36. Engtex Group Bhd's current Cash Flow from Operations (TTM) was 67. ==> 67 > 36 ==> 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
=49.39/1537.4022
=0.03212562

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=53.635/1549.9352
=0.03460467

Engtex Group Bhd's gearing of this year was 0.03212562. Engtex Group Bhd's gearing of last year was 0.03460467. ==> 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
=1051.421/619.765
=1.69648334

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=968.377/586.283
=1.6517228

Engtex Group Bhd's current ratio of this year was 1.69648334. Engtex Group Bhd's current ratio of last year was 1.6517228. ==> 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.

Engtex Group Bhd's number of shares in issue this year was 863.646. Engtex Group Bhd's number of shares in issue last year was 832.25. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=174.216/1446.038
=0.12047816

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=127.228/1388.101
=0.09165615

Engtex Group Bhd's gross margin of this year was 0.12047816. Engtex Group Bhd's gross margin of last year was 0.09165615. ==> 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)
=1446.038/1489.668
=0.97071159

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1388.101/1597.165
=0.86910307

Engtex Group Bhd's asset turnover of this year was 0.97071159. Engtex Group Bhd's asset turnover of last year was 0.86910307. ==> 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+1+0+1+1
=8

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

Engtex Group 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?
Engtex Group Bhd (XKLS:5056) 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 Engtex Group Bhd and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Engtex Group Bhd's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Engtex Group Bhd ranks #6 out of 150 companies in the Industrial Distribution industry, placing it in the top 4%.
Is Engtex Group Bhd's Piotroski F-Score too high?
Engtex Group 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 2.00 to a high of 9.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Engtex Group Bhd's value of 8 is 33.3% above this industry median. Based on the distribution chart, Engtex Group Bhd ranks #6 out of 150 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Engtex Group Bhd has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Engtex Group Bhd's Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Engtex Group Bhd ranks #6 out of 150 companies for Piotroski F-Score. This places Engtex Group Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Engtex Group Bhd's value of 8 is 33.3% above this benchmark. Historically, Engtex Group Bhd's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Engtex Group 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 an Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 150 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. Engtex Group Bhd's current Piotroski F-Score of 8 is 33.3% 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 Engtex Group Bhd and its competitors. For the Industrial Distribution 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. Engtex Group 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 Engtex Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Engtex Group Bhd (XKLS:5056) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.54, compared to a current price of RM0.41 — trading 25% 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 33.3% above the Industrial Distribution industry median of 6.00. Engtex Group Bhd's overall GF Score™ is 57/100 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 Engtex Group Bhd (XKLS:5056), 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 Engtex Group Bhd (XKLS:5056) Overvalued in 2026?

Based on GuruFocus' analysis, Engtex Group Bhd stock appears to be undervalued. The current stock price of RM0.41 is trading 25% below its estimated GF Value™ of RM0.54. GuruFocus considers Engtex Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5056:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: RM0.54 vs. price of RM0.41 (25% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 33.3% above the Industrial Distribution median (#6 of 150)

No single metric tells the full story. See the XKLS:5056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Engtex Group Bhd Business Description

Address Lot 36, Jalan BRP 9/2B, Putra Industrial Park, Bukit Rahman Putra, Sungai Buloh, SGR, MYS, 47000
Engtex Group Bhd is an investment holding company operating in four business segments; The wholesale and distribution segment Includes wholesale and distribution of pipes, valves, fittings, plumbing materials, steel-related products, general hardware products, and construction materials, Manufacturing segment Includes manufacturing and sale of steel and ductile iron pipes and fittings, valves, manhole covers, hydrants, industrial casting products, welded wire mesh, hard-drawn wire, bitumen products, and other steel-related products, Property development segment includes property development and investment activities, and the Hospitality segment Includes the provision of rooms, food and beverage, meeting and function rooms, and other hospitality services.
57GF Score

Get the complete analysis for XKLS:5056

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

RM0.41
Price
RM0.54
GF Value