InNature Bhd (XKLS:5295) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 20% Above Median


XKLS:5295 InNature Bhd XKLS:5295
57 GF Score
Price RM0.16
GF Value RM0.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is InNature Bhd Piotroski F-Score?

InNature Bhd XKLS:5295 57 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XKLS:5295 with a GF Score™ of 57/100 and a GF Value™ of RM0.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,101 Retail - Cyclical companies, InNature Bhd ranks better than 72.93% 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

InNature Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

XKLS:5295' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 6

During the past 10 years, the highest Piotroski F-Score of InNature Bhd was 8. The lowest was 4. And the median was 5.

InNature Bhd  (XKLS:5295) 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.


InNature Bhd Piotroski F-Score Related Terms


InNature Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for InNature 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.

InNature Bhd Piotroski F-Score Chart

InNature Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 8.00 5.00 5.00 7.00

InNature 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 5.00 5.00 7.00 7.00 6.00

XKLS:5295 vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, InNature 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.


InNature Bhd Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, InNature Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5295
57GF Score
InNature Bhd XKLS:5295
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 0.624 + 1.499 + 5.089 + -3.869 = RM3.3 Mil.
Cash Flow from Operations was 4.177 + 4.98 + 12.199 + 2.167 = RM23.5 Mil.
Revenue was 30.112 + 31.721 + 47.021 + 44.125 = RM153.0 Mil.
Gross Profit was 18.983 + 21.475 + 33.446 + 28.771 = RM102.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(166.4 + 165.337 + 168.044 + 210.313 + 201.622) / 5 = RM182.3432 Mil.
Total Assets at the begining of this year (Mar25) was RM166.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM20.3 Mil.
Total Current Assets was RM78.4 Mil.
Total Current Liabilities was RM56.7 Mil.
Net Income was 1.466 + 1.092 + 2.78 + 0.5 = RM5.8 Mil.

Revenue was 31.305 + 31.347 + 39.851 + 31.009 = RM133.5 Mil.
Gross Profit was 20.547 + 19.991 + 25.42 + 19.552 = RM85.5 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(186.779 + 182.353 + 174.61 + 177.984 + 166.4) / 5 = RM177.6252 Mil.
Total Assets at the begining of last year (Mar24) was RM186.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM9.8 Mil.
Total Current Assets was RM71.4 Mil.
Total Current Liabilities was RM28.0 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.

InNature Bhd's current Net Income (TTM) was 3.3. ==> 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.

InNature Bhd's current Cash Flow from Operations (TTM) was 23.5. ==> 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)
=3.343/166.4
=0.02009014

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5.838/186.779
=0.03125619

InNature Bhd's return on assets of this year was 0.02009014. InNature Bhd's return on assets of last year was 0.03125619. ==> Last year is higher ==> Score 0.

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.

InNature Bhd's current Net Income (TTM) was 3.3. InNature Bhd's current Cash Flow from Operations (TTM) was 23.5. ==> 23.5 > 3.3 ==> 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
=20.254/182.3432
=0.11107626

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=9.811/177.6252
=0.05523428

InNature Bhd's gearing of this year was 0.11107626. InNature Bhd's gearing of last year was 0.05523428. ==> Last year is lower than this year ==> Score 0.

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
=78.438/56.713
=1.38306914

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=71.351/27.951
=2.55271726

InNature Bhd's current ratio of this year was 1.38306914. InNature Bhd's current ratio of last year was 2.55271726. ==> 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.

InNature Bhd's number of shares in issue this year was 705.881. InNature Bhd's number of shares in issue last year was 705.881. ==> 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
=102.675/152.979
=0.67117055

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=85.51/133.512
=0.64046677

InNature Bhd's gross margin of this year was 0.67117055. InNature Bhd's gross margin of last year was 0.64046677. ==> 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)
=152.979/166.4
=0.91934495

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=133.512/186.779
=0.71481269

InNature Bhd's asset turnover of this year was 0.91934495. InNature Bhd's asset turnover of last year was 0.71481269. ==> 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+0+1+0+0+1+1+1
=6

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

InNature Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
InNature Bhd (XKLS:5295) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on InNature Bhd and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, InNature Bhd's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, InNature Bhd ranks #298 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 27.1%.
Is InNature Bhd's Piotroski F-Score too high?
InNature Bhd's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 5.00. InNature Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, InNature Bhd ranks #298 out of 1101 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, InNature Bhd has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does InNature Bhd's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, InNature Bhd ranks #298 out of 1101 companies for Piotroski F-Score. This puts InNature Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. InNature Bhd's value of 6 is 20% above this benchmark. Historically, InNature 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 5.00 vs. the industry median of 5.00, InNature 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 5.00, based on 1,101 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. InNature Bhd's current Piotroski F-Score of 6 is 20% 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 InNature Bhd and its competitors. For the Retail - Cyclical 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. InNature Bhd's current Piotroski F-Score is 6, which is 20% 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 InNature Bhd stock overvalued right now?
Based on GuruFocus' analysis, InNature Bhd (XKLS:5295) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.16 — trading 38% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Retail - Cyclical industry median of 5.00. InNature Bhd's overall GF Score™ is 57/100 with 4 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 InNature Bhd (XKLS:5295), the current Piotroski F-Score is 6 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 InNature Bhd (XKLS:5295) Overvalued in 2026?

Based on GuruFocus' analysis, InNature Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 38% below its estimated GF Value™ of RM0.25. GuruFocus considers InNature Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5295:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: RM0.25 vs. price of RM0.16 (38% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 20% above the Retail - Cyclical median (#298 of 1101)

No single metric tells the full story. See the XKLS:5295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InNature Bhd Business Description

Address No.5, Jalan USJ 10/1C, Taipan Business Centre, Subang Jaya, SGR, MYS, 47620
InNature Bhd is engaged in the regional retailing of cosmetics and personal care products carrying The Body Shop brand, serving customers across Malaysia, Vietnam, and Cambodia through stores and e-commerce. The Group has two reportable segments, which are the Group's strategic business units: Retailing, which includes marketing of products under the franchise of The Body Shop; and Food & Beverage Services, which includes the operation of restaurants under the franchise of Burger & Lobster. The firm mainly derives majority of its revenue from the Retailing segment. The company generates maximum revenue from Malaysia.
57GF Score

Get the complete analysis for XKLS:5295

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

RM0.16
Price
RM0.25
GF Value