Hiap Teck Venture Bhd (XKLS:5072) Piotroski F-Score: 6 (As of Jul. 03, 2026) — 20% Above Median


XKLS:5072 Hiap Teck Venture Bhd XKLS:5072
60 GF Score
Price RM0.26
GF Value RM0.29
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Hiap Teck Venture Bhd Piotroski F-Score?

Hiap Teck Venture Bhd XKLS:5072 -1.92% 60 Piotroski F-Score is 6 as of Jul. 03, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XKLS:5072 with a GF Score™ of 60/100 and a GF Value™ of RM0.29 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 622 Steel companies, Hiap Teck Venture Bhd ranks better than 78.78% 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

Hiap Teck Venture 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 Hiap Teck Venture Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5072' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Hiap Teck Venture Bhd was 8. The lowest was 1. And the median was 5.

Hiap Teck Venture Bhd  (XKLS:5072) 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.


Hiap Teck Venture Bhd Piotroski F-Score Related Terms


Hiap Teck Venture Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hiap Teck Venture 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.

Hiap Teck Venture Bhd Piotroski F-Score Chart

Hiap Teck Venture Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 2.00 6.00 7.00 4.00

Hiap Teck Venture Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.00 4.00 5.00 5.00 6.00

XKLS:5072 vs NUE, STLD, RS: Piotroski F-Score Comparison

For the Steel subindustry, Hiap Teck Venture 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.


Hiap Teck Venture Bhd Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hiap Teck Venture Bhd's Piotroski F-Score falls into.


XKLS:5072
60GF Score
Hiap Teck Venture Bhd XKLS:5072
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 19.706 + 43.492 + 68.777 + 5.376 = RM137 Mil.
Cash Flow from Operations was 11.148 + -11.974 + -3.809 + -35.702 = RM-40 Mil.
Revenue was 342.735 + 384.204 + 397.374 + 399.92 = RM1,524 Mil.
Gross Profit was 1.367 + 26.699 + 18.339 + 15.365 = RM62 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(2000.774 + 2085.851 + 2071.477 + 2173.911 + 2199.399) / 5 = RM2106.2824 Mil.
Total Assets at the begining of this year (Apr25) was RM2,001 Mil.
Long-Term Debt & Capital Lease Obligation was RM26 Mil.
Total Current Assets was RM819 Mil.
Total Current Liabilities was RM568 Mil.
Net Income was 47.526 + 34.698 + 20.436 + 34.275 = RM137 Mil.

Revenue was 416.571 + 401.719 + 348.258 + 344.836 = RM1,511 Mil.
Gross Profit was 16.388 + 6.269 + 14.062 + 13.674 = RM50 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(2124.182 + 2095.662 + 2231.695 + 2082.715 + 2000.774) / 5 = RM2107.0056 Mil.
Total Assets at the begining of last year (Apr24) was RM2,124 Mil.
Long-Term Debt & Capital Lease Obligation was RM31 Mil.
Total Current Assets was RM756 Mil.
Total Current Liabilities was RM492 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.

Hiap Teck Venture Bhd's current Net Income (TTM) was 137. ==> 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.

Hiap Teck Venture Bhd's current Cash Flow from Operations (TTM) was -40. ==> 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 (Apr25)
=137.351/2000.774
=0.06864893

ROA (Last Year)=Net Income/Total Assets (Apr24)
=136.935/2124.182
=0.06446482

Hiap Teck Venture Bhd's return on assets of this year was 0.06864893. Hiap Teck Venture Bhd's return on assets of last year was 0.06446482. ==> 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.

Hiap Teck Venture Bhd's current Net Income (TTM) was 137. Hiap Teck Venture Bhd's current Cash Flow from Operations (TTM) was -40. ==> -40 <= 137 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=25.542/2106.2824
=0.01212658

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=31.142/2107.0056
=0.01478022

Hiap Teck Venture Bhd's gearing of this year was 0.01212658. Hiap Teck Venture Bhd's gearing of last year was 0.01478022. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=819.361/568.459
=1.4413722

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=756.469/491.906
=1.53783243

Hiap Teck Venture Bhd's current ratio of this year was 1.4413722. Hiap Teck Venture Bhd's current ratio of last year was 1.53783243. ==> 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.

Hiap Teck Venture Bhd's number of shares in issue this year was 1742.23. Hiap Teck Venture Bhd's number of shares in issue last year was 1742.23. ==> 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
=61.77/1524.233
=0.0405253

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=50.393/1511.384
=0.03334229

Hiap Teck Venture Bhd's gross margin of this year was 0.0405253. Hiap Teck Venture Bhd's gross margin of last year was 0.03334229. ==> 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 (Apr25)
=1524.233/2000.774
=0.76182168

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=1511.384/2124.182
=0.71151342

Hiap Teck Venture Bhd's asset turnover of this year was 0.76182168. Hiap Teck Venture Bhd's asset turnover of last year was 0.71151342. ==> 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+0+1+0+1+0+1+1+1
=6

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

Hiap Teck Venture 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?
Hiap Teck Venture Bhd (XKLS:5072) has a Piotroski F-Score of 6 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hiap Teck Venture Bhd and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Hiap Teck Venture Bhd's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Hiap Teck Venture Bhd ranks #132 out of 622 companies in the Steel industry, placing it in the top 21.2%.
Is Hiap Teck Venture Bhd's Piotroski F-Score too high?
Hiap Teck Venture Bhd's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Steel industry median Piotroski F-Score is 5.00. Hiap Teck Venture Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Hiap Teck Venture Bhd ranks #132 out of 622 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Teck Venture Bhd has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Teck Venture Bhd's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Hiap Teck Venture Bhd ranks #132 out of 622 companies for Piotroski F-Score. This places Hiap Teck Venture Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Hiap Teck Venture Bhd's value of 6 is 20% above this benchmark. Historically, Hiap Teck Venture Bhd's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Hiap Teck Venture 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 622 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. Hiap Teck Venture 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 Hiap Teck Venture Bhd and its competitors. For the Steel 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. Hiap Teck Venture Bhd's current Piotroski F-Score is 6, which is 20% above 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 Hiap Teck Venture Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hiap Teck Venture Bhd (XKLS:5072) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.26 — trading 12.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Steel industry median of 5.00. Hiap Teck Venture Bhd's overall GF Score™ is 60/100 with 8 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 Hiap Teck Venture Bhd (XKLS:5072), the current Piotroski F-Score is 6 as of Jul. 03, 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 Hiap Teck Venture Bhd (XKLS:5072) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Teck Venture Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 12.1% below its estimated GF Value™ of RM0.29. GuruFocus considers Hiap Teck Venture Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5072:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: RM0.29 vs. price of RM0.26 (12.1% below fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 20% above the Steel median (#132 of 622)

No single metric tells the full story. See the XKLS:5072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiap Teck Venture Bhd Business Description

Address Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050
Hiap Teck Venture Bhd is a Malaysia-based company. It has six segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore; and Selling of Elecricity. It generates a vast majority of the revenues from the Trading segment.
60GF Score

Get the complete analysis for XKLS:5072

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

RM0.26
Price
RM0.29
GF Value