CPE Technology Bhd (XKLS:5317) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 25% Below Median


XKLS:5317 CPE Technology Bhd XKLS:5317
46 GF Score
Price RM0.81
! 5 Warning Signs
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What is CPE Technology Bhd Piotroski F-Score?

CPE Technology Bhd XKLS:5317 +6.58% 46 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 25% below its 10-year median of 8.00. GuruFocus rates XKLS:5317 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 2,426 Hardware companies, CPE Technology Bhd ranks better than 77.95% 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

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

XKLS:5317' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 8   Max: 9
Current: 6

During the past 7 years, the highest Piotroski F-Score of CPE Technology Bhd was 9. The lowest was 6. And the median was 8.

CPE Technology Bhd  (XKLS:5317) 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.


CPE Technology Bhd Piotroski F-Score Related Terms


CPE Technology Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CPE Technology 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.

CPE Technology Bhd Piotroski F-Score Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A 9.00 7.00

CPE Technology Bhd Quarterly Data
Jun19 Jun20 Jun21 Jun22 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 8.00 7.00 8.00 6.00 6.00

XKLS:5317 vs APH, GLW, TEL: Piotroski F-Score Comparison

For the Electronic Components subindustry, CPE Technology 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.


CPE Technology Bhd Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5317
46GF Score
CPE Technology Bhd XKLS:5317
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 3.081 + 3.35 + 1.8 + 5.079 = RM13.3 Mil.
Cash Flow from Operations was 11.794 + 3.17 + 2.211 + 0.252 = RM17.4 Mil.
Revenue was 32.434 + 25.434 + 25.156 + 30.69 = RM113.7 Mil.
Gross Profit was 8.687 + 4.323 + 4.83 + 8.248 = RM26.1 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(345.01 + 351.372 + 354.576 + 342.12 + 344.199) / 5 = RM347.4554 Mil.
Total Assets at the begining of this year (Mar25) was RM345.0 Mil.
Long-Term Debt & Capital Lease Obligation was RM1.8 Mil.
Total Current Assets was RM269.7 Mil.
Total Current Liabilities was RM13.3 Mil.
Net Income was 2.567 + 2.284 + 10.47 + 7.644 = RM23.0 Mil.

Revenue was 23.155 + 29.293 + 33.198 + 34.215 = RM119.9 Mil.
Gross Profit was 4.621 + 8.434 + 10.724 + 12.139 = RM35.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(346.817 + 343.576 + 343.428 + 341.582 + 345.01) / 5 = RM344.0826 Mil.
Total Assets at the begining of last year (Mar24) was RM346.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.0 Mil.
Total Current Assets was RM277.3 Mil.
Total Current Liabilities was RM15.2 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.

CPE Technology Bhd's current Net Income (TTM) was 13.3. ==> 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.

CPE Technology Bhd's current Cash Flow from Operations (TTM) was 17.4. ==> 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)
=13.31/345.01
=0.03857859

ROA (Last Year)=Net Income/Total Assets (Mar24)
=22.965/346.817
=0.06621648

CPE Technology Bhd's return on assets of this year was 0.03857859. CPE Technology Bhd's return on assets of last year was 0.06621648. ==> 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.

CPE Technology Bhd's current Net Income (TTM) was 13.3. CPE Technology Bhd's current Cash Flow from Operations (TTM) was 17.4. ==> 17.4 > 13.3 ==> 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
=1.84/347.4554
=0.00529564

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2.025/344.0826
=0.00588521

CPE Technology Bhd's gearing of this year was 0.00529564. CPE Technology Bhd's gearing of last year was 0.00588521. ==> 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
=269.663/13.325
=20.23737336

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=277.32/15.226
=18.21358203

CPE Technology Bhd's current ratio of this year was 20.23737336. CPE Technology Bhd's current ratio of last year was 18.21358203. ==> 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.

CPE Technology Bhd's number of shares in issue this year was 671.315. CPE Technology Bhd's number of shares in issue last year was 671.315. ==> 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
=26.088/113.714
=0.22941766

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=35.918/119.861
=0.29966378

CPE Technology Bhd's gross margin of this year was 0.22941766. CPE Technology Bhd's gross margin of last year was 0.29966378. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=113.714/345.01
=0.32959624

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=119.861/346.817
=0.34560301

CPE Technology Bhd's asset turnover of this year was 0.32959624. CPE Technology Bhd's asset turnover of last year was 0.34560301. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+1+0+0
=6

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

CPE Technology 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?
CPE Technology Bhd (XKLS:5317) 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 CPE Technology Bhd and its competitors. This is 25% below median its historical median of 8.00. Over the past decade, CPE Technology Bhd's Piotroski F-Score has ranged from 6.00 to 9.00. According to the industry distribution chart, CPE Technology Bhd ranks #535 out of 2426 companies in the Hardware industry, placing it in the top 22.1%.
Is CPE Technology Bhd's Piotroski F-Score too high?
CPE Technology Bhd's current Piotroski F-Score of 6 is 25% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 9.00. The Hardware industry median Piotroski F-Score is 5.00. CPE Technology Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, CPE Technology Bhd ranks #535 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CPE Technology Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does CPE Technology Bhd's Piotroski F-Score compare to APH and GLW?
According to the Hardware industry distribution chart, CPE Technology Bhd ranks #535 out of 2426 companies for Piotroski F-Score. This places CPE Technology Bhd in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CPE Technology Bhd's value of 6 is 20% above this benchmark. Historically, CPE Technology Bhd's own Piotroski F-Score has ranged from 6.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, CPE Technology 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,426 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. CPE Technology 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 CPE Technology Bhd and its competitors. For the Hardware 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. CPE Technology Bhd's current Piotroski F-Score is 6, which is 25% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPE Technology Bhd stock overvalued right now?
CPE Technology Bhd (XKLS:5317) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 25% below median its 10-year median of 8.00 and 20% above the Hardware industry median of 5.00. CPE Technology Bhd's overall GF Score™ is 46/100 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 CPE Technology Bhd (XKLS:5317), 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.

CPE Technology Bhd Business Description

Address No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
CPE Technology Bhd is an investment holding company that focuses on manufacturing precision-machined parts and components through its subsidiaries. The company is involved in precision machining and mechanical sub-assembly, including CNC turning and milling, turn-mill, and finishing processes. It also engages in trading precision machine parts and components. The company uses computer numerically controlled machinery integrated with CAD/CAM software to manufacture parts and assemblies used in sectors such as consumer electronics and semiconductors, automotive components, health and science, among others. Geographically, the company generates the majority of its revenue from the United States, with the rest coming from Singapore, Malaysia, Italy, Japan, Thailand, and other regions.
46GF Score

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

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