YTL Hospitality REIT (XKLS:5109) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


XKLS:5109 YTL Hospitality REIT XKLS:5109
80 GF Score
Price RM1.03
GF Value RM1.19
Valuation Modestly Undervalued
! 8 Warning Signs
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What is YTL Hospitality REIT Piotroski F-Score?

YTL Hospitality REIT XKLS:5109 +0.98% 80 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XKLS:5109 with a GF Score™ of 80/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 888 REITs companies, YTL Hospitality REIT ranks better than 98.42% 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

YTL Hospitality REIT 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 YTL Hospitality REIT's Piotroski F-Score or its related term are showing as below:

XKLS:5109' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of YTL Hospitality REIT was 8. The lowest was 3. And the median was 6.

YTL Hospitality REIT  (XKLS:5109) 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.


YTL Hospitality REIT Piotroski F-Score Related Terms


YTL Hospitality REIT Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for YTL Hospitality REIT'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.

YTL Hospitality REIT Piotroski F-Score Chart

YTL Hospitality REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 7.00 8.00 6.00

YTL Hospitality REIT 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 6.00 6.00 6.00 7.00 8.00

XKLS:5109 vs HST, RHP, APLE: Piotroski F-Score Comparison

For the REIT - Hotel & Motel subindustry, YTL Hospitality REIT'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.


YTL Hospitality REIT Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, YTL Hospitality REIT's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where YTL Hospitality REIT's Piotroski F-Score falls into.


XKLS:5109
80GF Score
YTL Hospitality REIT XKLS:5109
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 56.248 + 32.452 + 47.77 + 40.964 = RM177.4 Mil.
Cash Flow from Operations was 124.082 + 36.645 + 87.516 + 30.357 = RM278.6 Mil.
Revenue was 127.029 + 140.496 + 154.466 + 149.056 = RM571.0 Mil.
Gross Profit was 60.947 + 73.712 + 82.382 + 81.394 = RM298.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5249.803 + 5445.433 + 5480.362 + 5448.49 + 5549.442) / 5 = RM5434.706 Mil.
Total Assets at the begining of this year (Mar25) was RM5,249.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM1,399.4 Mil.
Total Current Assets was RM425.5 Mil.
Total Current Liabilities was RM1,107.4 Mil.
Net Income was 75.976 + 29.815 + 32.419 + 30.082 = RM168.3 Mil.

Revenue was 130.189 + 132.682 + 147.491 + 141.1 = RM551.5 Mil.
Gross Profit was 62.712 + 65.787 + 76.175 + 76.435 = RM281.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(5272.822 + 5446.478 + 5249.515 + 5223.067 + 5249.803) / 5 = RM5288.337 Mil.
Total Assets at the begining of last year (Mar24) was RM5,272.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM1,532.4 Mil.
Total Current Assets was RM274.3 Mil.
Total Current Liabilities was RM831.6 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.

YTL Hospitality REIT's current Net Income (TTM) was 177.4. ==> 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.

YTL Hospitality REIT's current Cash Flow from Operations (TTM) was 278.6. ==> 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)
=177.434/5249.803
=0.03379822

ROA (Last Year)=Net Income/Total Assets (Mar24)
=168.292/5272.822
=0.03191687

YTL Hospitality REIT's return on assets of this year was 0.03379822. YTL Hospitality REIT's return on assets of last year was 0.03191687. ==> 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.

YTL Hospitality REIT's current Net Income (TTM) was 177.4. YTL Hospitality REIT's current Cash Flow from Operations (TTM) was 278.6. ==> 278.6 > 177.4 ==> 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
=1399.38/5434.706
=0.25748955

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1532.377/5288.337
=0.28976538

YTL Hospitality REIT's gearing of this year was 0.25748955. YTL Hospitality REIT's gearing of last year was 0.28976538. ==> 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
=425.529/1107.388
=0.38426369

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=274.298/831.589
=0.32984804

YTL Hospitality REIT's current ratio of this year was 0.38426369. YTL Hospitality REIT's current ratio of last year was 0.32984804. ==> 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.

YTL Hospitality REIT's number of shares in issue this year was 1717.389. YTL Hospitality REIT's number of shares in issue last year was 1704.389. ==> 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
=298.435/571.047
=0.52261022

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=281.109/551.462
=0.50975226

YTL Hospitality REIT's gross margin of this year was 0.52261022. YTL Hospitality REIT's gross margin of last year was 0.50975226. ==> 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)
=571.047/5249.803
=0.10877494

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=551.462/5272.822
=0.10458574

YTL Hospitality REIT's asset turnover of this year was 0.10877494. YTL Hospitality REIT's asset turnover of last year was 0.10458574. ==> 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

YTL Hospitality REIT 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?
YTL Hospitality REIT (XKLS:5109) 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 YTL Hospitality REIT and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, YTL Hospitality REIT's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, YTL Hospitality REIT ranks #14 out of 888 companies in the REITs industry, placing it in the top 1.6%.
Is YTL Hospitality REIT's Piotroski F-Score too high?
YTL Hospitality REIT'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 8.00. The REITs industry median Piotroski F-Score is 6.00. YTL Hospitality REIT's value of 8 is 33.3% above this industry median. Based on the distribution chart, YTL Hospitality REIT ranks #14 out of 888 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, YTL Hospitality REIT has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YTL Hospitality REIT's Piotroski F-Score compare to HST and RHP?
According to the REITs industry distribution chart, YTL Hospitality REIT ranks #14 out of 888 companies for Piotroski F-Score. This places YTL Hospitality REIT in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. YTL Hospitality REIT's value of 8 is 33.3% above this benchmark. Historically, YTL Hospitality REIT's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, YTL Hospitality REIT 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 REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 888 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. YTL Hospitality REIT'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 YTL Hospitality REIT and its competitors. For the REITs 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. YTL Hospitality REIT'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 YTL Hospitality REIT stock overvalued right now?
Based on GuruFocus' analysis, YTL Hospitality REIT (XKLS:5109) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM1.03 — trading 13.4% 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 REITs industry median of 6.00. YTL Hospitality REIT's overall GF Score™ is 80/100 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 YTL Hospitality REIT (XKLS:5109), 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 YTL Hospitality REIT (XKLS:5109) Overvalued in 2026?

Based on GuruFocus' analysis, YTL Hospitality REIT stock appears to be undervalued. The current stock price of RM1.03 is trading 13.4% below its estimated GF Value™ of RM1.19. GuruFocus considers YTL Hospitality REIT to be Modestly Undervalued.

Key valuation signals for XKLS:5109:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: RM1.19 vs. price of RM1.03 (13.4% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 33.3% above the REITs median (#14 of 888)

No single metric tells the full story. See the XKLS:5109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YTL Hospitality REIT Business Description

Industry Real EstateREITs
Address 205 Jalan Bukit Bintang, 25th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
YTL Hospitality REIT is a company engaged in the hotel and resort as well as the property development divisions. Its properties include prime hotel and hospitality-related properties, which include JW Marriott Hotel, The Residences at The Ritz-Carlton, the Pangkor Laut, Tanjong Jara, Cameron Highlands resorts, and the AC hotels in Kuala Lumpur. The group's business activity comprises two reportable segments: Property rental and Hotel. The Property Rental segment includes the leasing of hotel properties. The Hotel segment refers to the operation of the hotel business. Geographically, it holds a presence in the regions of Malaysia, Japan, and Australia, with the majority of revenue coming from Malaysia.
80GF Score

Get the complete analysis for XKLS:5109

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

RM1.03
Price
RM1.19
GF Value