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Citra Nusa Holdings BhdXKLS:5104 +14.29% Piotroski F-Score is 7 as of Jul. 14, 2026, which is 40% above its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 560 Conglomerates companies, Citra Nusa Holdings Bhd ranks better than 89.64% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
Citra Nusa Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Citra Nusa Holdings Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:5104'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Citra Nusa Holdings Bhd was 9. The lowest was 2. And the median was 5.
Citra Nusa Holdings Bhd (XKLS:5104) 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.
Citra Nusa Holdings Bhd Piotroski F-Score Related Terms
Citra Nusa Holdings Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Citra Nusa 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.
XKLS:5104 vs HON, MMM: Piotroski F-Score Comparison
For the Conglomerates subindustry, Citra Nusa 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.
Citra Nusa Holdings Bhd Piotroski F-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Citra Nusa Holdings Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Citra Nusa Holdings 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.
*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.
Citra Nusa Holdings Bhd's current Net Income (TTM) was 0.30.
==> 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.
Citra Nusa Holdings Bhd's current Cash Flow from Operations (TTM) was 2.39.
==> 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.
Citra Nusa Holdings Bhd's return on assets of this year was 0.00388601. Citra Nusa Holdings Bhd's return on assets of last year was -0.05550177.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Citra Nusa Holdings Bhd's gearing of this year was 0.00726527. Citra Nusa Holdings Bhd's gearing of last year was 0.00609109.
==> 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
Citra Nusa Holdings Bhd's current ratio of this year was 3.65254163. Citra Nusa Holdings Bhd's current ratio of last year was 3.66912864.
==> 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.
Citra Nusa Holdings Bhd's number of shares in issue this year was 720. Citra Nusa Holdings Bhd's number of shares in issue last year was 720.
==> 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.
Citra Nusa Holdings Bhd's gross margin of this year was 0.48865041. Citra Nusa Holdings Bhd's gross margin of last year was 0.48546003.
==> 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
Citra Nusa Holdings Bhd's asset turnover of this year was 0.75440415. Citra Nusa Holdings Bhd's asset turnover of last year was 0.6704628.
==> 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
Citra Nusa Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Citra Nusa Holdings Bhd (XKLS:5104) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Citra Nusa Holdings Bhd and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Citra Nusa Holdings Bhd's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Citra Nusa Holdings Bhd ranks #58 out of 560 companies in the Conglomerates industry, placing it in the top 10.4%.
Is Citra Nusa Holdings Bhd's Piotroski F-Score too high?
Citra Nusa Holdings Bhd's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. Citra Nusa Holdings Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Citra Nusa Holdings Bhd ranks #58 out of 560 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Citra Nusa Holdings Bhd's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Citra Nusa Holdings Bhd ranks #58 out of 560 companies for Piotroski F-Score. This places Citra Nusa Holdings Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Citra Nusa Holdings Bhd's value of 7 is 40% above this benchmark. Historically, Citra Nusa Holdings 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 5.00 vs. the industry median of 5.00, Citra Nusa 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 560 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. Citra Nusa Holdings Bhd's current Piotroski F-Score of 7 is 40% 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 Citra Nusa 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. Citra Nusa Holdings Bhd's current Piotroski F-Score is 7, which is 40% 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 Citra Nusa Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Citra Nusa Holdings Bhd (XKLS:5104) is currently considered Fairly Valued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.04 — trading right at its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Conglomerates industry median of 5.00. 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 Citra Nusa Holdings Bhd (XKLS:5104), the current Piotroski F-Score is 7 as of Jul. 14, 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.
Citra Nusa Holdings Bhd, formerly CNI Holdings Bhd is engaged in the sale and distribution of health care and consumer products, and manufactures, trades, and packs various kinds of foodstuffs and beverages, household, and personal care products. Its segments include Manufacturing that manufactures, trades, and packs consumer, health, personal care products, food, and beverages; Marketing and trading that sells and distributes health care and consumer products, import and distribution of food ingredients, provides software solution and software research and development, marketing and distributing coffee and other related beverage products; and Others that invests in shares, investment, rent out properties, operates food and beverages outlets and dormant companies.
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