MSM Malaysia Holdings BhdXKLS:5202 -1.59%58 Piotroski F-Score is 4 as of Jul. 03, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XKLS:5202 with a GF Score™ of 58/100 and a GF Value™ of RM1.03 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, MSM Malaysia Holdings Bhd ranks worse than 66.95% 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
MSM Malaysia Holdings 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 MSM Malaysia Holdings Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:5202'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of MSM Malaysia Holdings Bhd was 9. The lowest was 1. And the median was 5.
MSM Malaysia Holdings Bhd (XKLS:5202) 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.
MSM Malaysia Holdings Bhd Piotroski F-Score Related Terms
MSM Malaysia Holdings Bhd Piotroski F-Score Historical Data
* 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:5202 vs MDLZ, HSY, TR: Piotroski F-Score Comparison
For the Confectioners subindustry, MSM Malaysia 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.
MSM Malaysia Holdings Bhd Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, MSM Malaysia Holdings Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where MSM Malaysia 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.
MSM Malaysia Holdings Bhd's current Net Income (TTM) was -420.
==> 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.
Score 1 if positive, 0 if negative.
MSM Malaysia Holdings Bhd's current Cash Flow from Operations (TTM) was 307.
==> 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.
MSM Malaysia Holdings Bhd's return on assets of this year was -0.13517362. MSM Malaysia Holdings Bhd's return on assets of last year was -0.00216712.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
MSM Malaysia Holdings Bhd's gearing of this year was 0.03512895. MSM Malaysia Holdings Bhd's gearing of last year was 0.06025948.
==> 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
MSM Malaysia Holdings Bhd's current ratio of this year was 0.68349177. MSM Malaysia Holdings Bhd's current ratio of last year was 0.85012319.
==> 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.
MSM Malaysia Holdings Bhd's number of shares in issue this year was 702.98. MSM Malaysia Holdings Bhd's number of shares in issue last year was 702.98.
==> 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.
MSM Malaysia Holdings Bhd's gross margin of this year was 0.0381954. MSM Malaysia Holdings Bhd's gross margin of last year was 0.05026359.
==> 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
MSM Malaysia Holdings Bhd's asset turnover of this year was 0.93293237. MSM Malaysia Holdings Bhd's asset turnover of last year was 1.0902534.
==> 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
=
0
+
1
+
0
+
1
+
1
+
0
+
1
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
MSM Malaysia Holdings Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
MSM Malaysia Holdings Bhd (XKLS:5202) has a Piotroski F-Score of 4 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MSM Malaysia Holdings Bhd and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, MSM Malaysia Holdings Bhd's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, MSM Malaysia Holdings Bhd ranks #1278 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is MSM Malaysia Holdings Bhd's Piotroski F-Score too high?
MSM Malaysia Holdings 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 1.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. MSM Malaysia Holdings Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, MSM Malaysia Holdings Bhd ranks #1278 out of 1909 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, MSM Malaysia Holdings Bhd has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MSM Malaysia Holdings Bhd's Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, MSM Malaysia Holdings Bhd ranks #1278 out of 1909 companies for Piotroski F-Score. This places MSM Malaysia Holdings Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. MSM Malaysia Holdings Bhd's value of 4 is 20% below this benchmark. Historically, MSM Malaysia Holdings Bhd's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, MSM Malaysia Holdings 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 1,909 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. MSM Malaysia Holdings 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 MSM Malaysia Holdings 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. MSM Malaysia Holdings 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 MSM Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MSM Malaysia Holdings Bhd (XKLS:5202) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.03, compared to a current price of RM0.62 — trading 39.8% 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 Consumer Packaged Goods industry median of 5.00. MSM Malaysia Holdings Bhd's overall GF Score™ is 58/100 with 3 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 MSM Malaysia Holdings Bhd (XKLS:5202), the current Piotroski F-Score is 4 as of Jul. 03, 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 MSM Malaysia Holdings Bhd (XKLS:5202) Overvalued in 2026?
Based on GuruFocus' analysis, MSM Malaysia Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.62 is trading 39.8% below its estimated GF Value™ of RM1.03.
GuruFocus considers MSM Malaysia Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5202:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: RM1.03 vs. price of RM0.62 (39.8% below fair value)
Industry Position: 20% below the Consumer Packaged Goods median (#1278 of 1909)
No single metric tells the full story. See the XKLS:5202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSM Malaysia Holdings Bhd is a sugar manufacturing company. It has only one reportable segment, Sugar, which is engaged in sugar refining and sales, marketing of refined sugar, and commodity trading. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in other parts of Asia, Europe, Africa, Oceania, and North America.
58GF Score
Get the complete analysis for XKLS:5202
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5202 has been successfully added to your 
