Sarawak Oil Palms Bhd (XKLS:5126) Piotroski F-Score: 4 (As of Jul. 14, 2026) — 33% Below Median

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XKLS:5126 Sarawak Oil Palms Bhd XKLS:5126
56 GF Score
Price RM5.15
GF Value RM3.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sarawak Oil Palms Bhd Piotroski F-Score?

Sarawak Oil Palms Bhd XKLS:5126 +3.00% 56 Piotroski F-Score is 4 as of Jul. 14, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates XKLS:5126 with a GF Score™ of 56/100 and a GF Value™ of RM3.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Sarawak Oil Palms Bhd ranks worse than 66.93% 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

Sarawak Oil Palms Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Sarawak Oil Palms Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5126' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Sarawak Oil Palms Bhd was 8. The lowest was 3. And the median was 6.

Sarawak Oil Palms Bhd  (XKLS:5126) 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.


Sarawak Oil Palms Bhd Piotroski F-Score Related Terms


Sarawak Oil Palms Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd Piotroski F-Score Chart

Sarawak Oil Palms 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 8.00 6.00 4.00 7.00 6.00

Sarawak Oil Palms 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 7.00 8.00 8.00 6.00 4.00

XKLS:5126 vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Sarawak Oil Palms 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.


Sarawak Oil Palms Bhd Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sarawak Oil Palms Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sarawak Oil Palms Bhd's Piotroski F-Score falls into.


XKLS:5126
56GF Score
Sarawak Oil Palms Bhd XKLS:5126
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 91.917 + 110.95 + 129.838 + 64.31 = RM397 Mil.
Cash Flow from Operations was 185.274 + 90.888 + 127.578 + 197.091 = RM601 Mil.
Revenue was 1306.589 + 1335.488 + 1583.76 + 1444.303 = RM5,670 Mil.
Gross Profit was 108.434 + 162.696 + 216.961 + 138.575 = RM627 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5237.826 + 5404.483 + 5525.921 + 5720.201 + 5820.73) / 5 = RM5541.8322 Mil.
Total Assets at the begining of this year (Mar25) was RM5,238 Mil.
Long-Term Debt & Capital Lease Obligation was RM156 Mil.
Total Current Assets was RM3,049 Mil.
Total Current Liabilities was RM837 Mil.
Net Income was 105.682 + 121.806 + 139.518 + 113.762 = RM481 Mil.

Revenue was 1139.537 + 1381.561 + 1471.771 + 1442.043 = RM5,435 Mil.
Gross Profit was 142.001 + 144.868 + 225.565 + 170.156 = RM683 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4923.448 + 4983.215 + 5134.01 + 5211.209 + 5237.826) / 5 = RM5097.9416 Mil.
Total Assets at the begining of last year (Mar24) was RM4,923 Mil.
Long-Term Debt & Capital Lease Obligation was RM220 Mil.
Total Current Assets was RM2,560 Mil.
Total Current Liabilities was RM505 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.

Sarawak Oil Palms Bhd's current Net Income (TTM) was 397. ==> 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.

Sarawak Oil Palms Bhd's current Cash Flow from Operations (TTM) was 601. ==> 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)
=397.015/5237.826
=0.07579767

ROA (Last Year)=Net Income/Total Assets (Mar24)
=480.768/4923.448
=0.09764864

Sarawak Oil Palms Bhd's return on assets of this year was 0.07579767. Sarawak Oil Palms Bhd's return on assets of last year was 0.09764864. ==> Last year is higher ==> Score 0.

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.

Sarawak Oil Palms Bhd's current Net Income (TTM) was 397. Sarawak Oil Palms Bhd's current Cash Flow from Operations (TTM) was 601. ==> 601 > 397 ==> 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
=156.285/5541.8322
=0.02820096

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=220.16/5097.9416
=0.04318606

Sarawak Oil Palms Bhd's gearing of this year was 0.02820096. Sarawak Oil Palms Bhd's gearing of last year was 0.04318606. ==> 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
=3048.611/837.184
=3.64150653

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2560.29/504.833
=5.07155832

Sarawak Oil Palms Bhd's current ratio of this year was 3.64150653. Sarawak Oil Palms Bhd's current ratio of last year was 5.07155832. ==> 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.

Sarawak Oil Palms Bhd's number of shares in issue this year was 903.955. Sarawak Oil Palms Bhd's number of shares in issue last year was 897.091. ==> 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
=626.666/5670.14
=0.11052038

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=682.59/5434.912
=0.12559357

Sarawak Oil Palms Bhd's gross margin of this year was 0.11052038. Sarawak Oil Palms Bhd's gross margin of last year was 0.12559357. ==> Last year's gross margin is higher ==> Score 0.

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)
=5670.14/5237.826
=1.08253692

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5434.912/4923.448
=1.10388329

Sarawak Oil Palms Bhd's asset turnover of this year was 1.08253692. Sarawak Oil Palms Bhd's asset turnover of last year was 1.10388329. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+0+0+0
=4

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

Sarawak Oil Palms Bhd has an F-score of 4 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 4 mean?
Sarawak Oil Palms Bhd (XKLS:5126) has a Piotroski F-Score of 4 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sarawak Oil Palms Bhd and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Sarawak Oil Palms Bhd's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Sarawak Oil Palms Bhd ranks #1281 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is Sarawak Oil Palms Bhd's Piotroski F-Score too high?
Sarawak Oil Palms Bhd's current Piotroski F-Score of 4 is 33% below 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Sarawak Oil Palms Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Sarawak Oil Palms Bhd ranks #1281 out of 1914 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sarawak Oil Palms Bhd has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sarawak Oil Palms Bhd's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sarawak Oil Palms Bhd ranks #1281 out of 1914 companies for Piotroski F-Score. This places Sarawak Oil Palms Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sarawak Oil Palms Bhd's value of 4 is 20% below this benchmark. Historically, Sarawak Oil Palms Bhd'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 5.00, Sarawak Oil Palms Bhd has consistently been below 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 1,914 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. Sarawak Oil Palms Bhd's current Piotroski F-Score of 4 is 20% below 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 Sarawak Oil Palms 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. Sarawak Oil Palms Bhd's current Piotroski F-Score is 4, which is 33% below 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 Sarawak Oil Palms Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sarawak Oil Palms Bhd (XKLS:5126) is currently considered Significantly Overvalued. The stock's GF Value™ is RM3.25, compared to a current price of RM5.15 — trading 58.5% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Sarawak Oil Palms Bhd's overall GF Score™ is 56/100 with 7 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 Sarawak Oil Palms Bhd (XKLS:5126), the current Piotroski F-Score is 4 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.

Is Sarawak Oil Palms Bhd (XKLS:5126) Overvalued in 2026?

Based on GuruFocus' analysis, Sarawak Oil Palms Bhd stock appears to be overvalued. The current stock price of RM5.15 is trading 58.5% above its estimated GF Value™ of RM3.25. GuruFocus considers Sarawak Oil Palms Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5126:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: RM3.25 vs. price of RM5.15 (58.5% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1281 of 1914)

No single metric tells the full story. See the XKLS:5126 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sarawak Oil Palms Bhd Business Description

Address No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000
Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. Its reportable segments are Oil palms and Property development. A majority of its revenue is generated from the Oil palms segment, which is engaged in the cultivation of oil palms, processing, refining, and trading of palm products. The Property development segment is involved in the development of residential and commercial properties. Geographically, the group derives maximum revenue from the Asia-Pacific region, followed by Malaysia, and other regions.
56GF Score

Get the complete analysis for XKLS:5126

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

RM5.15
Price
RM3.25
GF Value