Bumi Armada BhdXKLS:5210 +7.46%49 Piotroski F-Score is 5 as of Jul. 05, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates XKLS:5210 with a GF Score™ of 49/100 and a GF Value™ of RM0.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 973 Oil & Gas companies, Bumi Armada Bhd ranks better than 62.69% 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
Bumi Armada Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Bumi Armada Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:5210'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Bumi Armada Bhd was 8. The lowest was 2. And the median was 6.
Bumi Armada Bhd (XKLS:5210) 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.
Bumi Armada Bhd Piotroski F-Score Related Terms
Bumi Armada Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Bumi Armada 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:5210 vs SLB, BKR, HAL: Piotroski F-Score Comparison
For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.
Bumi Armada Bhd Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bumi Armada Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Bumi Armada 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.
Net Income was 265.958 + 211.328 + -83.832 + 182.766 = RM576 Mil.
Revenue was 578.859 + 551.86 + 532.963 + 473.966 = RM2,138 Mil. Gross Profit was 319.729 + 312.467 + 302.687 + 252.859 = RM1,188 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(11594.104 + 11460.93 + 9829.739 + 10457.114 + 10194.79) / 5 = RM10707.3354 Mil. Total Assets at the begining of last year (Mar24) was RM11,594 Mil. Long-Term Debt & Capital Lease Obligation was RM2,792 Mil. Total Current Assets was RM2,554 Mil. Total Current Liabilities was RM1,128 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.
Bumi Armada Bhd's current Net Income (TTM) was 296.
==> 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.
Bumi Armada Bhd's return on assets of this year was 0.02907299. Bumi Armada Bhd's return on assets of last year was 0.0496994.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Bumi Armada Bhd's gearing of this year was 0.16701697. Bumi Armada Bhd's gearing of last year was 0.26071678.
==> 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
Bumi Armada Bhd's current ratio of this year was 2.34134599. Bumi Armada Bhd's current ratio of last year was 2.26521232.
==> 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.
Bumi Armada Bhd's number of shares in issue this year was 5927.907. Bumi Armada Bhd's number of shares in issue last year was 5927.875.
==> 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.
Bumi Armada Bhd's gross margin of this year was 0.34169604. Bumi Armada Bhd's gross margin of last year was 0.5556303.
==> 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
Bumi Armada Bhd's asset turnover of this year was 0.13943485. Bumi Armada Bhd's asset turnover of last year was 0.18437371.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Bumi Armada Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Bumi Armada Bhd (XKLS:5210) has a Piotroski F-Score of 5 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bumi Armada Bhd and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Bumi Armada Bhd's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Bumi Armada Bhd ranks #363 out of 973 companies in the Oil & Gas industry, placing it in the top 37.3%.
Is Bumi Armada Bhd's Piotroski F-Score too high?
Bumi Armada Bhd's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Bumi Armada Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, Bumi Armada Bhd ranks #363 out of 973 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Bumi Armada Bhd has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bumi Armada Bhd's Piotroski F-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Bumi Armada Bhd ranks #363 out of 973 companies for Piotroski F-Score. This puts Bumi Armada Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Bumi Armada Bhd's value of 5 is 0% at this benchmark. Historically, Bumi Armada Bhd's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Bumi Armada Bhd has consistently been at 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 an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 973 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. Bumi Armada Bhd's current Piotroski F-Score of 5 is 0% at 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 Bumi Armada Bhd and its competitors. For the Oil & Gas 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. Bumi Armada Bhd's current Piotroski F-Score is 5, which is 17% 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 Bumi Armada Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bumi Armada Bhd (XKLS:5210) is currently considered Fairly Valued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.36 — trading 9.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Oil & Gas industry median of 5.00. Bumi Armada Bhd's overall GF Score™ is 49/100 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 Bumi Armada Bhd (XKLS:5210), the current Piotroski F-Score is 5 as of Jul. 05, 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 Bumi Armada Bhd (XKLS:5210) Overvalued in 2026?
Based on GuruFocus' analysis, Bumi Armada Bhd stock appears to be overvalued.
The current stock price of RM0.36 is trading 9.1% above its estimated GF Value™ of RM0.33.
GuruFocus considers Bumi Armada Bhd to be Fairly Valued.
Key valuation signals for XKLS:5210:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: RM0.33 vs. price of RM0.36 (9.1% above fair value)
Industry Position: 0% at the Oil & Gas median (#363 of 973)
No single metric tells the full story. See the XKLS:5210 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bumi Armada Bhd is an investment holding company and provision of management services. Along with its subsidiaries, it is engaged in Floating Production Storage and Offloading (FPSO) operations, as well as providing engineering and maintenance services to offshore oil and gas companies. Its reportable segments are Operations and Others. The majority of the company's revenue is generated from the Operations segment, which includes the provision of FPSO vessels, Floating Gas Solutions units, Subsea Construction (SC) assets, and marine-related services. Geographically, the company generates maximum revenue from Africa, followed by Europe, Asia (excluding Malaysia), and Malaysia.
49GF Score
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