Econpile Holdings Bhd (XKLS:5253) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 40% Above Median


XKLS:5253 Econpile Holdings Bhd XKLS:5253
43 GF Score
Price RM0.12
GF Value RM0.35
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Econpile Holdings Bhd Piotroski F-Score?

Econpile Holdings Bhd XKLS:5253 43 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates XKLS:5253 with a GF Score™ of 43/100 and a GF Value™ of RM0.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,735 Construction companies, Econpile Holdings Bhd ranks better than 89.39% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Econpile Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

XKLS:5253' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Econpile Holdings Bhd was 8. The lowest was 1. And the median was 5.

Econpile Holdings Bhd  (XKLS:5253) 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.


Econpile Holdings Bhd Piotroski F-Score Related Terms


Econpile Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Econpile Holdings 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.

Econpile Holdings Bhd Piotroski F-Score Chart

Econpile Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 6.00 6.00 8.00

Econpile Holdings 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 7.00 7.00

XKLS:5253 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Econpile 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.


Econpile Holdings Bhd Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Econpile Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Econpile Holdings Bhd's Piotroski F-Score falls into.


XKLS:5253
43GF Score
Econpile Holdings Bhd XKLS:5253
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 1.126 + 1.299 + 1.807 + 0.448 = RM4.7 Mil.
Cash Flow from Operations was 22.363 + 2.021 + 26.191 + 30.295 = RM80.9 Mil.
Revenue was 76.577 + 87.969 + 96.642 + 89.596 = RM350.8 Mil.
Gross Profit was 14.22 + 7.868 + 8.953 + 9.193 = RM40.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(608.831 + 610.573 + 608.449 + 636.774 + 624.691) / 5 = RM617.8636 Mil.
Total Assets at the begining of this year (Mar25) was RM608.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM4.6 Mil.
Total Current Assets was RM581.2 Mil.
Total Current Liabilities was RM251.3 Mil.
Net Income was -9.169 + 0.19 + 0.12 + -0.202 = RM-9.1 Mil.

Revenue was 87.649 + 80.07 + 69.061 + 60.279 = RM297.1 Mil.
Gross Profit was 4.893 + 4.779 + 9.345 + 5.81 = RM24.8 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(677.561 + 661.536 + 643.635 + 629.168 + 608.831) / 5 = RM644.1462 Mil.
Total Assets at the begining of last year (Mar24) was RM677.6 Mil.
Long-Term Debt & Capital Lease Obligation was RM10.8 Mil.
Total Current Assets was RM562.3 Mil.
Total Current Liabilities was RM231.9 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.

Econpile Holdings Bhd's current Net Income (TTM) was 4.7. ==> 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.

Econpile Holdings Bhd's current Cash Flow from Operations (TTM) was 80.9. ==> 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)
=4.68/608.831
=0.00768686

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-9.061/677.561
=-0.01337297

Econpile Holdings Bhd's return on assets of this year was 0.00768686. Econpile Holdings Bhd's return on assets of last year was -0.01337297. ==> This year is higher. ==> Score 1.

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.

Econpile Holdings Bhd's current Net Income (TTM) was 4.7. Econpile Holdings Bhd's current Cash Flow from Operations (TTM) was 80.9. ==> 80.9 > 4.7 ==> 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
=4.602/617.8636
=0.00744825

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=10.773/644.1462
=0.01672446

Econpile Holdings Bhd's gearing of this year was 0.00744825. Econpile Holdings Bhd's gearing of last year was 0.01672446. ==> 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
=581.198/251.327
=2.31251716

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=562.299/231.895
=2.42480002

Econpile Holdings Bhd's current ratio of this year was 2.31251716. Econpile Holdings Bhd's current ratio of last year was 2.42480002. ==> 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.

Econpile Holdings Bhd's number of shares in issue this year was 1493.333. Econpile Holdings Bhd's number of shares in issue last year was 1417.5. ==> 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
=40.234/350.784
=0.11469736

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=24.827/297.059
=0.08357599

Econpile Holdings Bhd's gross margin of this year was 0.11469736. Econpile Holdings Bhd's gross margin of last year was 0.08357599. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=350.784/608.831
=0.57615989

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=297.059/677.561
=0.43842399

Econpile Holdings Bhd's asset turnover of this year was 0.57615989. Econpile Holdings Bhd's asset turnover of last year was 0.43842399. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

Econpile Holdings Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Econpile Holdings Bhd (XKLS:5253) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Econpile Holdings Bhd and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Econpile Holdings Bhd's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Econpile Holdings Bhd ranks #184 out of 1735 companies in the Construction industry, placing it in the top 10.6%.
Is Econpile Holdings Bhd's Piotroski F-Score too high?
Econpile Holdings Bhd's current Piotroski F-Score of 7 is 40% above 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 8.00. The Construction industry median Piotroski F-Score is 5.00. Econpile Holdings Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Econpile Holdings Bhd ranks #184 out of 1735 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Econpile Holdings Bhd has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Econpile Holdings Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Econpile Holdings Bhd ranks #184 out of 1735 companies for Piotroski F-Score. This places Econpile Holdings Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Econpile Holdings Bhd's value of 7 is 40% above this benchmark. Historically, Econpile Holdings Bhd's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Econpile Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Econpile Holdings Bhd's current Piotroski F-Score of 7 is 40% 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 Econpile Holdings Bhd and its competitors. For the Construction 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. Econpile Holdings Bhd's current Piotroski F-Score is 7, which is 40% above 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 Econpile Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Econpile Holdings Bhd (XKLS:5253) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.35, compared to a current price of RM0.12 — trading 67.1% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Construction industry median of 5.00. Econpile Holdings Bhd's overall GF Score™ is 43/100 with 5 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 Econpile Holdings Bhd (XKLS:5253), the current Piotroski F-Score is 7 as of Jun. 26, 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 Econpile Holdings Bhd (XKLS:5253) Overvalued in 2026?

Based on GuruFocus' analysis, Econpile Holdings Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 67.1% below its estimated GF Value™ of RM0.35. GuruFocus considers Econpile Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5253:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: RM0.35 vs. price of RM0.12 (67.1% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 40% above the Construction median (#184 of 1735)

No single metric tells the full story. See the XKLS:5253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Econpile Holdings Bhd Business Description

Address Jalan Sri Permaisuri, Level 8, Tower Block, Plaza Dwitasik, Bandar Sri Permaisuri, Kuala Lumpur, SGR, MYS, 56000
Econpile Holdings Bhd is engaged in piling and foundation works, providing essential substructure solutions that support construction, development, and infrastructure projects. Its core services include piling and foundation activities, supported by earth retaining systems, earthworks, various piling methods, and basement construction works. The Group operates as a single reportable segment focused on piling and foundation services, which is its main source of revenue, while other non-reportable segments include investment holding, rental of investment properties and machinery, and trading of machinery and related accessories. Operations are mainly concentrated in Malaysia, the key revenue-generating market, with limited activities in Cambodia.
43GF Score

Get the complete analysis for XKLS:5253

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

RM0.12
Price
RM0.35
GF Value