Berjaya Food BhdXKLS:5196 +2.56%31 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XKLS:5196 with a GF Score™ of 31/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 357 Restaurants companies, Berjaya Food Bhd ranks worse than 70.59% 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
Berjaya Food 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 Berjaya Food Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:5196'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Berjaya Food Bhd was 8. The lowest was 3. And the median was 5.
Berjaya Food Bhd (XKLS:5196) 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.
Berjaya Food Bhd Piotroski F-Score Related Terms
Berjaya Food Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Berjaya Food 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:5196 vs MCD, SBUX, CMG: Piotroski F-Score Comparison
For the Restaurants subindustry, Berjaya Food 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.
Berjaya Food Bhd Piotroski F-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Berjaya Food Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Berjaya Food 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 -185.794 + -14.797 + -11.984 + -14.317 = RM-226.9 Mil. Cash Flow from Operations was 33.097 + 22.14 + 5.565 + 15.598 = RM76.4 Mil. Revenue was 115.895 + 128.246 + 126.295 + 119.138 = RM489.6 Mil. Gross Profit was 115.895 + 128.246 + 126.295 + 119.138 = RM489.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1303.567 + 1023.591 + 1004.353 + 975.281 + 979.023) / 5 = RM1057.163 Mil. Total Assets at the begining of this year (Mar25) was RM1,303.6 Mil. Long-Term Debt & Capital Lease Obligation was RM221.6 Mil. Total Current Assets was RM136.8 Mil. Total Current Liabilities was RM639.2 Mil.
Net Income was -38.202 + -33.679 + -35.333 + -37.187 = RM-144.4 Mil.
Revenue was 130.565 + 124.194 + 123.103 + 113.578 = RM491.4 Mil. Gross Profit was 130.565 + 124.194 + 123.103 + 113.578 = RM491.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1496.879 + 1415.355 + 1382.317 + 1329.387 + 1303.567) / 5 = RM1385.501 Mil. Total Assets at the begining of last year (Mar24) was RM1,496.9 Mil. Long-Term Debt & Capital Lease Obligation was RM357.7 Mil. Total Current Assets was RM161.4 Mil. Total Current Liabilities was RM642.8 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.
Berjaya Food Bhd's current Net Income (TTM) was -226.9.
==> Negative ==> Score 0.
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.
Berjaya Food Bhd's return on assets of this year was -0.17405473. Berjaya Food Bhd's return on assets of last year was -0.09646805.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Berjaya Food Bhd's gearing of this year was 0.20965736. Berjaya Food Bhd's gearing of last year was 0.25815427.
==> 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
Berjaya Food Bhd's current ratio of this year was 0.2139792. Berjaya Food Bhd's current ratio of last year was 0.25114459.
==> 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.
Berjaya Food Bhd's number of shares in issue this year was 1785.48. Berjaya Food Bhd's number of shares in issue last year was 1771.811.
==> 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.
Berjaya Food Bhd's gross margin of this year was 1. Berjaya Food Bhd's gross margin of last year was 1.
==> 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
Berjaya Food Bhd's asset turnover of this year was 0.37556489. Berjaya Food Bhd's asset turnover of last year was 0.32830977.
==> 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
Berjaya Food Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Berjaya Food Bhd (XKLS:5196) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Berjaya Food Bhd and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Berjaya Food Bhd's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Berjaya Food Bhd ranks #252 out of 357 companies in the Restaurants industry, placing it in the top 70.6%.
Is Berjaya Food Bhd's Piotroski F-Score too high?
Berjaya Food Bhd's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Restaurants industry median Piotroski F-Score is 5.00. Berjaya Food Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Berjaya Food Bhd ranks #252 out of 357 companies in the Restaurants industry, which is below the industry midpoint. Overall, Berjaya Food Bhd has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Berjaya Food Bhd's Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Berjaya Food Bhd ranks #252 out of 357 companies for Piotroski F-Score. This places Berjaya Food Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Berjaya Food Bhd's value of 4 is 20% below this benchmark. Historically, Berjaya Food 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 5.00 vs. the industry median of 5.00, Berjaya Food 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 357 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. Berjaya Food 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 Berjaya Food Bhd and its competitors. For the Restaurants 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. Berjaya Food Bhd's current Piotroski F-Score is 4, which is 20% below 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 Berjaya Food Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Food Bhd (XKLS:5196) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.20 — trading 31% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Restaurants industry median of 5.00. Berjaya Food Bhd's overall GF Score™ is 31/100 with 6 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 Berjaya Food Bhd (XKLS:5196), the current Piotroski F-Score is 4 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 Berjaya Food Bhd (XKLS:5196) Overvalued in 2026?
Based on GuruFocus' analysis, Berjaya Food Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 31% below its estimated GF Value™ of RM0.29.
GuruFocus considers Berjaya Food Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5196:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: RM0.29 vs. price of RM0.20 (31% below fair value)
Industry Position: 20% below the Restaurants median (#252 of 357)
No single metric tells the full story. See the XKLS:5196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berjaya Food Bhd is an investment holding company. Along with its subsidiary companies is into the development and operation of restaurant and cafe chains and retail outlets, in Malaysia, other South-East Asian countries and Nordic countries, and investment holding. The company is engaged in the operation of brands like the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as a core product, Jollibean in Singapore, Paris Baguette in Malaysia and others. the company generates the majority of its revenue from the sale of food, beverages and merchandise in Malaysia.
31GF Score
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