Swift Haulage Bhd (XKLS:5303) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 33% Above Median


XKLS:5303 Swift Haulage Bhd XKLS:5303
58 GF Score
Price RM0.38
GF Value RM0.50
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Swift Haulage Bhd Piotroski F-Score?

Swift Haulage Bhd XKLS:5303 -5.06% 58 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates XKLS:5303 with a GF Score™ of 58/100 and a GF Value™ of RM0.50 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 973 Transportation companies, Swift Haulage Bhd ranks better than 97.43% 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

Swift Haulage 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 Swift Haulage Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5303' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 8 years, the highest Piotroski F-Score of Swift Haulage Bhd was 8. The lowest was 3. And the median was 6.

Swift Haulage Bhd  (XKLS:5303) 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.


Swift Haulage Bhd Piotroski F-Score Related Terms


Swift Haulage Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Swift Haulage 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.

Swift Haulage Bhd Piotroski F-Score Chart

Swift Haulage Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 4.00 6.00 4.00 6.00

Swift Haulage 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 6.00 6.00 6.00 8.00

XKLS:5303 vs FDX, UPS, JBHT: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Swift Haulage 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.


Swift Haulage Bhd Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Swift Haulage Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5303
58GF Score
Swift Haulage Bhd XKLS:5303
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 6.749 + 7.142 + 6.281 + 7.508 = RM27.7 Mil.
Cash Flow from Operations was 16.278 + 35.972 + 65.662 + 39.161 = RM157.1 Mil.
Revenue was 188.748 + 200.965 + 193.32 + 189.492 = RM772.5 Mil.
Gross Profit was 52.384 + 56.053 + 56.186 + 52.784 = RM217.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1727.94 + 1723.523 + 1741.774 + 1769.626 + 1754.096) / 5 = RM1743.3918 Mil.
Total Assets at the begining of this year (Mar25) was RM1,727.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM631.2 Mil.
Total Current Assets was RM322.1 Mil.
Total Current Liabilities was RM309.8 Mil.
Net Income was 8.334 + 5.772 + 4.575 + 7.219 = RM25.9 Mil.

Revenue was 172.87 + 183.061 + 181.564 + 189.164 = RM726.7 Mil.
Gross Profit was 45.921 + 50.78 + 52.764 + 51.959 = RM201.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1653.485 + 1670.317 + 1703.125 + 1726.835 + 1727.94) / 5 = RM1696.3404 Mil.
Total Assets at the begining of last year (Mar24) was RM1,653.5 Mil.
Long-Term Debt & Capital Lease Obligation was RM621.4 Mil.
Total Current Assets was RM349.9 Mil.
Total Current Liabilities was RM304.6 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.

Swift Haulage Bhd's current Net Income (TTM) was 27.7. ==> 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.

Swift Haulage Bhd's current Cash Flow from Operations (TTM) was 157.1. ==> 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)
=27.68/1727.94
=0.01601907

ROA (Last Year)=Net Income/Total Assets (Mar24)
=25.9/1653.485
=0.01566389

Swift Haulage Bhd's return on assets of this year was 0.01601907. Swift Haulage Bhd's return on assets of last year was 0.01566389. ==> 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.

Swift Haulage Bhd's current Net Income (TTM) was 27.7. Swift Haulage Bhd's current Cash Flow from Operations (TTM) was 157.1. ==> 157.1 > 27.7 ==> 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
=631.202/1743.3918
=0.36205401

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=621.381/1696.3404
=0.36630679

Swift Haulage Bhd's gearing of this year was 0.36205401. Swift Haulage Bhd's gearing of last year was 0.36630679. ==> 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
=322.104/309.807
=1.03969245

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=349.948/304.61
=1.1488395

Swift Haulage Bhd's current ratio of this year was 1.03969245. Swift Haulage Bhd's current ratio of last year was 1.1488395. ==> 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.

Swift Haulage Bhd's number of shares in issue this year was 864.812. Swift Haulage Bhd's number of shares in issue last year was 877.791. ==> 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
=217.407/772.525
=0.2814239

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=201.424/726.659
=0.27719192

Swift Haulage Bhd's gross margin of this year was 0.2814239. Swift Haulage Bhd's gross margin of last year was 0.27719192. ==> 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)
=772.525/1727.94
=0.4470786

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=726.659/1653.485
=0.43947118

Swift Haulage Bhd's asset turnover of this year was 0.4470786. Swift Haulage Bhd's asset turnover of last year was 0.43947118. ==> 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

Swift Haulage 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?
Swift Haulage Bhd (XKLS:5303) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Swift Haulage Bhd and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Swift Haulage Bhd's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Swift Haulage Bhd ranks #25 out of 973 companies in the Transportation industry, placing it in the top 2.6%.
Is Swift Haulage Bhd's Piotroski F-Score too high?
Swift Haulage 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 3.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Swift Haulage Bhd's value of 8 is 33.3% above this industry median. Based on the distribution chart, Swift Haulage Bhd ranks #25 out of 973 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Swift Haulage Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swift Haulage Bhd's Piotroski F-Score compare to FDX and UPS?
According to the Transportation industry distribution chart, Swift Haulage Bhd ranks #25 out of 973 companies for Piotroski F-Score. This places Swift Haulage Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Swift Haulage Bhd's value of 8 is 33.3% above this benchmark. Historically, Swift Haulage Bhd's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Swift Haulage 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, 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. Swift Haulage 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 Swift Haulage Bhd and its competitors. For the Transportation 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. Swift Haulage 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 Swift Haulage Bhd stock overvalued right now?
Based on GuruFocus' analysis, Swift Haulage Bhd (XKLS:5303) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.50, compared to a current price of RM0.38 — trading 25% below 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 Transportation industry median of 6.00. Swift Haulage Bhd's overall GF Score™ is 58/100 with 7 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 Swift Haulage Bhd (XKLS:5303), the current Piotroski F-Score is 8 as of Jun. 28, 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 Swift Haulage Bhd (XKLS:5303) Overvalued in 2026?

Based on GuruFocus' analysis, Swift Haulage Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 25% below its estimated GF Value™ of RM0.50. GuruFocus considers Swift Haulage Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5303:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: RM0.50 vs. price of RM0.38 (25% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 33.3% above the Transportation median (#25 of 973)

No single metric tells the full story. See the XKLS:5303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swift Haulage Bhd Business Description

Address No. 88, Jalan Batai Laut 4, Suite 8.02, Level 8, Intan Millennium Square 2, IMS 2, Taman Intan, Klang, SGR, MYS, 41300
Swift Haulage Bhd is principally involved in providing integrated logistics services comprising Container haulage, which derives key revenue, Land Transportation, Warehousing, Fre and container depot, and Freight forwarding. It has operations in Malaysia and Thailand. The Container haulage segment is engaged in transporting laden containers to and from seaports and other locations within Peninsular Malaysia. The Land Transportation segment is into the Movement of cargo by road, comprising inland transportation and cross-border transportation. Warehousing and container depot include warehousing services, rental of a warehouse, and an open yard area. The freight forwarding segment is into organising end-to-end transportation of cargo, i.e., sea, air, and land freight forwarding.
58GF Score

Get the complete analysis for XKLS:5303

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

RM0.38
Price
RM0.50
GF Value