Ranhill Utilities Bhd (XKLS:5272) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


XKLS:5272 Ranhill Utilities Bhd XKLS:5272
69 GF Score
Price RM1.93
GF Value RM1.45
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Ranhill Utilities Bhd Piotroski F-Score?

Ranhill Utilities Bhd XKLS:5272 -2.53% 69 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XKLS:5272 with a GF Score™ of 69/100 and a GF Value™ of RM1.45 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 491 Utilities - Regulated companies, Ranhill Utilities Bhd ranks better than 97.56% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Ranhill Utilities Bhd has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

XKLS:5272' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ranhill Utilities Bhd was 8. The lowest was 4. And the median was 6.

Ranhill Utilities Bhd  (XKLS:5272) 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.


Ranhill Utilities Bhd Piotroski F-Score Related Terms


Ranhill Utilities Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ranhill Utilities 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.

Ranhill Utilities Bhd Piotroski F-Score Chart

Ranhill Utilities Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 5.00 6.00 6.00

Ranhill Utilities 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 6.00 5.00 6.00 6.00 8.00

XKLS:5272 vs AWK, WTRG, AWR: Piotroski F-Score Comparison

For the Utilities - Regulated Water subindustry, Ranhill Utilities 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.


Ranhill Utilities Bhd Piotroski F-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ranhill Utilities Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5272
69GF Score
Ranhill Utilities Bhd XKLS:5272
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 17.772 + 29.851 + 38.287 + 58.393 = RM144 Mil.
Cash Flow from Operations was 0 + 86.617 + 182.188 + 121.656 = RM390 Mil.
Revenue was 504.901 + 589.023 + 632.096 + 612.535 = RM2,339 Mil.
Gross Profit was -25.632 + 137.919 + 211.459 + 207.052 = RM531 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3706.783 + 0 + 3532.701 + 3458.823 + 3308.253) / 5 = RM3501.64 Mil.
Total Assets at the begining of this year (Mar25) was RM3,707 Mil.
Long-Term Debt & Capital Lease Obligation was RM542 Mil.
Total Current Assets was RM1,348 Mil.
Total Current Liabilities was RM1,487 Mil.
Net Income was 6.531 + 16.298 + 17.817 + 6.943 = RM48 Mil.

Revenue was 561.444 + 628.199 + 522.449 + 513.146 = RM2,225 Mil.
Gross Profit was 113.107 + 125.457 + 81.331 + 86.76 = RM407 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3911.191 + 3805.176 + 3879.953 + 3796.733 + 3706.783) / 5 = RM3819.9672 Mil.
Total Assets at the begining of last year (Mar24) was RM3,911 Mil.
Long-Term Debt & Capital Lease Obligation was RM660 Mil.
Total Current Assets was RM1,220 Mil.
Total Current Liabilities was RM1,288 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.

Ranhill Utilities Bhd's current Net Income (TTM) was 144. ==> 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.

Ranhill Utilities Bhd's current Cash Flow from Operations (TTM) was 390. ==> 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)
=144.303/3706.783
=0.03892944

ROA (Last Year)=Net Income/Total Assets (Mar24)
=47.589/3911.191
=0.01216739

Ranhill Utilities Bhd's return on assets of this year was 0.03892944. Ranhill Utilities Bhd's return on assets of last year was 0.01216739. ==> 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.

Ranhill Utilities Bhd's current Net Income (TTM) was 144. Ranhill Utilities Bhd's current Cash Flow from Operations (TTM) was 390. ==> 390 > 144 ==> 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
=541.88/3501.64
=0.15475035

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=660.491/3819.9672
=0.17290489

Ranhill Utilities Bhd's gearing of this year was 0.15475035. Ranhill Utilities Bhd's gearing of last year was 0.17290489. ==> 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
=1348.449/1486.965
=0.9068465

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1219.586/1287.604
=0.94717475

Ranhill Utilities Bhd's current ratio of this year was 0.9068465. Ranhill Utilities Bhd's current ratio of last year was 0.94717475. ==> 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.

Ranhill Utilities Bhd's number of shares in issue this year was 1295.949. Ranhill Utilities Bhd's number of shares in issue last year was 1295.949. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=530.798/2338.555
=0.22697692

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=406.655/2225.238
=0.18274674

Ranhill Utilities Bhd's gross margin of this year was 0.22697692. Ranhill Utilities Bhd's gross margin of last year was 0.18274674. ==> 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)
=2338.555/3706.783
=0.63088533

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2225.238/3911.191
=0.56894128

Ranhill Utilities Bhd's asset turnover of this year was 0.63088533. Ranhill Utilities Bhd's asset turnover of last year was 0.56894128. ==> 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+1+1+1
=8

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

Ranhill Utilities Bhd has an F-score of 8. 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 8 mean?
Ranhill Utilities Bhd (XKLS:5272) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ranhill Utilities Bhd and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Ranhill Utilities Bhd's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Ranhill Utilities Bhd ranks #12 out of 491 companies in the Utilities - Regulated industry, placing it in the top 2.4%.
Is Ranhill Utilities Bhd's Piotroski F-Score too high?
Ranhill Utilities Bhd's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Ranhill Utilities Bhd's value of 8 is 33.3% above this industry median. Based on the distribution chart, Ranhill Utilities Bhd ranks #12 out of 491 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Ranhill Utilities Bhd has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ranhill Utilities Bhd's Piotroski F-Score compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Ranhill Utilities Bhd ranks #12 out of 491 companies for Piotroski F-Score. This places Ranhill Utilities Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Ranhill Utilities Bhd's value of 8 is 33.3% above this benchmark. Historically, Ranhill Utilities Bhd's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Ranhill Utilities 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 an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 491 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. Ranhill Utilities Bhd's current Piotroski F-Score of 8 is 33.3% 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 Ranhill Utilities Bhd and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranhill Utilities Bhd's current Piotroski F-Score is 8, which is 33% above 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 Ranhill Utilities Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ranhill Utilities Bhd (XKLS:5272) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.45, compared to a current price of RM1.93 — trading 33.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Utilities - Regulated industry median of 6.00. Ranhill Utilities Bhd's overall GF Score™ is 69/100 with 10 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 Ranhill Utilities Bhd (XKLS:5272), the current Piotroski F-Score is 8 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 Ranhill Utilities Bhd (XKLS:5272) Overvalued in 2026?

Based on GuruFocus' analysis, Ranhill Utilities Bhd stock appears to be overvalued. The current stock price of RM1.93 is trading 33.1% above its estimated GF Value™ of RM1.45. GuruFocus considers Ranhill Utilities Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5272:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: RM1.45 vs. price of RM1.93 (33.1% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 33.3% above the Utilities - Regulated median (#12 of 491)

No single metric tells the full story. See the XKLS:5272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ranhill Utilities Bhd Business Description

Address Jalan Garuda, Bangunan Ranhill SAJ, Larkin, Johor Darul Takzim, Johor Bahru, JHR, MYS, 80350
Ranhill Utilities Bhd is engaged in investment holding business. It operates mainly in the environment, energy, and engineering services sectors. The company's reportable segments include Water, Power, Consultancy and services. Its water segment focuses on water supply, wastewater treatment, and water asset management, serving regions in Malaysia, China, and Thailand. The power segment owns and operates combined cycle gas turbine power plants and solar power facilities in Malaysia. The Consultancy and services segment offers water management, civil and infrastructure engineering, and energy solutions. The company generates the majority of its revenue from the Water segment.
69GF Score

Get the complete analysis for XKLS:5272

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

RM1.93
Price
RM1.45
GF Value