TH Plantations BhdXKLS:5112 -1.65%61 Piotroski F-Score is 8 as of Jul. 01, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates XKLS:5112 with a GF Score™ of 61/100 and a GF Value™ of RM0.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, TH Plantations Bhd ranks better than 97.64% 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
TH Plantations 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 TH Plantations Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:5112'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of TH Plantations Bhd was 9. The lowest was 3. And the median was 7.
TH Plantations Bhd (XKLS:5112) 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.
TH Plantations Bhd Piotroski F-Score Related Terms
TH Plantations Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for TH Plantations 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:5112 vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, TH Plantations 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.
TH Plantations Bhd Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, TH Plantations Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where TH Plantations 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 11.788 + 31.602 + 35.564 + 11.627 = RM90.6 Mil. Cash Flow from Operations was 44.602 + 68.449 + 101.633 + 31.809 = RM246.5 Mil. Revenue was 220.015 + 259.57 + 302.527 + 189.481 = RM971.6 Mil. Gross Profit was 57.296 + 80.805 + 115.813 + 52.406 = RM306.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2677.968 + 2671.371 + 2713.751 + 2734.526 + 2726.857) / 5 = RM2704.8946 Mil. Total Assets at the begining of this year (Mar25) was RM2,678.0 Mil. Long-Term Debt & Capital Lease Obligation was RM721.7 Mil. Total Current Assets was RM1,150.6 Mil. Total Current Liabilities was RM329.0 Mil.
Net Income was 10.409 + 21.546 + 30.183 + 12.846 = RM75.0 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.
TH Plantations Bhd's current Net Income (TTM) was 90.6.
==> 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.
TH Plantations Bhd's return on assets of this year was 0.03382453. TH Plantations Bhd's return on assets of last year was 0.02839813.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
TH Plantations Bhd's gearing of this year was 0.26682629. TH Plantations Bhd's gearing of last year was 0.30823319.
==> 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
TH Plantations Bhd's current ratio of this year was 3.49759711. TH Plantations Bhd's current ratio of last year was 4.29410026.
==> 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.
TH Plantations Bhd's number of shares in issue this year was 883.851. TH Plantations Bhd's number of shares in issue last year was 883.851.
==> 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.
TH Plantations Bhd's gross margin of this year was 0.31527605. TH Plantations Bhd's gross margin of last year was 0.28906573.
==> 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
TH Plantations Bhd's asset turnover of this year was 0.36280979. TH Plantations Bhd's asset turnover of last year was 0.35135749.
==> 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
TH Plantations Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
TH Plantations Bhd (XKLS:5112) has a Piotroski F-Score of 8 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on TH Plantations Bhd and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, TH Plantations Bhd's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, TH Plantations Bhd ranks #45 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is TH Plantations Bhd's Piotroski F-Score too high?
TH Plantations 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 3.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. TH Plantations Bhd's value of 8 is 60% above this industry median. Based on the distribution chart, TH Plantations Bhd ranks #45 out of 1908 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, TH Plantations Bhd has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TH Plantations Bhd's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, TH Plantations Bhd ranks #45 out of 1908 companies for Piotroski F-Score. This places TH Plantations Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TH Plantations Bhd's value of 8 is 60% above this benchmark. Historically, TH Plantations Bhd's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, TH Plantations 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 1,908 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. TH Plantations 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 TH Plantations 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. TH Plantations 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 TH Plantations Bhd stock overvalued right now?
Based on GuruFocus' analysis, TH Plantations Bhd (XKLS:5112) is currently considered Fairly Valued. The stock's GF Value™ is RM0.64, compared to a current price of RM0.60 — trading 7% below 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. TH Plantations Bhd's overall GF Score™ is 61/100 with 4 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 TH Plantations Bhd (XKLS:5112), the current Piotroski F-Score is 8 as of Jul. 01, 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 TH Plantations Bhd (XKLS:5112) Overvalued in 2026?
Based on GuruFocus' analysis, TH Plantations Bhd stock appears to be undervalued.
The current stock price of RM0.60 is trading 7% below its estimated GF Value™ of RM0.64.
GuruFocus considers TH Plantations Bhd to be Fairly Valued.
Key valuation signals for XKLS:5112:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: RM0.64 vs. price of RM0.60 (7% below fair value)
Industry Position: 60% above the Consumer Packaged Goods median (#45 of 1908)
No single metric tells the full story. See the XKLS:5112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TH Plantations Bhd is engaged in investment holding, cultivation of oil palm, processing of fresh fruit bunches, and marketing of crude palm oil, palm kernel and fresh fruit bunches (FFB). It also provides management services. The group has two reportable segments: Oil palm plantations and Forestry. Oil palm plantations segment includes cultivation of oil palm, processing of FFB, marketing of crude palm oil (CPO), palm kernel (PK) and fresh fruit bunches (FFB). The Forestry segment is engaged in the harvesting of rubberwood. It derives maximum of its revenues from the Oil palm plantations segment.
61GF Score
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