Life Water Bhd (XKLS:5328) Piotroski F-Score: 7 (As of Jul. 04, 2026) — 13% Below Median


XKLS:5328 Life Water Bhd XKLS:5328
20 GF Score
Price RM1.46
! 1 Warning Sign
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What is Life Water Bhd Piotroski F-Score?

Life Water Bhd XKLS:5328 -0.68% 20 Piotroski F-Score is 7 as of Jul. 04, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates XKLS:5328 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 112 Beverages - Non-Alcoholic companies, Life Water Bhd ranks better than 85.71% 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

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

XKLS:5328' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 8   Max: 8
Current: 7

During the past 5 years, the highest Piotroski F-Score of Life Water Bhd was 8. The lowest was 7. And the median was 8.

Life Water Bhd  (XKLS:5328) 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.


Life Water Bhd Piotroski F-Score Related Terms


Life Water Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Life Water 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.

Life Water Bhd Piotroski F-Score Chart

Life Water Bhd Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A N/A N/A N/A

Life Water Bhd Quarterly Data
Jun21 Jun22 Jun23 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 N/A N/A N/A 8.00 7.00

XKLS:5328 vs KO, PEP, MNST: Piotroski F-Score Comparison

For the Beverages - Non-Alcoholic subindustry, Life Water 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.


Life Water Bhd Piotroski F-Score vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Life Water Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5328
20GF Score
Life Water Bhd XKLS:5328
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 9.053 + 9.374 + 8.781 + 8.045 = RM35.3 Mil.
Cash Flow from Operations was 16.809 + 11.302 + 17.899 + 15.7 = RM61.7 Mil.
Revenue was 44.551 + 51.234 + 50.535 + 48.53 = RM194.9 Mil.
Gross Profit was 20.777 + 24.854 + 24.91 + 23.452 = RM94.0 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(319.066 + 335.451 + 343.455 + 339.153 + 337.981) / 5 = RM335.0212 Mil.
Total Assets at the begining of this year (Mar25) was RM319.1 Mil.
Long-Term Debt & Capital Lease Obligation was RM81.7 Mil.
Total Current Assets was RM156.4 Mil.
Total Current Liabilities was RM22.9 Mil.
Net Income was 0 + 7.496 + 6.991 + 6.482 = RM21.0 Mil.

Revenue was 0 + 42.586 + 42.713 + 43.117 = RM128.4 Mil.
Gross Profit was 0 + 20.299 + 20.922 + 19.515 = RM60.7 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Mar25) was
(173.79 + 243.08 + 0 + 317.327 + 319.066) / 5 = RM263.31575 Mil.
Total Assets at the begining of last year (Jun23) was RM173.8 Mil.
Long-Term Debt & Capital Lease Obligation was RM86.9 Mil.
Total Current Assets was RM161.1 Mil.
Total Current Liabilities was RM28.3 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.

Life Water Bhd's current Net Income (TTM) was 35.3. ==> 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.

Life Water Bhd's current Cash Flow from Operations (TTM) was 61.7. ==> 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)
=35.253/319.066
=0.11048811

ROA (Last Year)=Net Income/Total Assets (Jun23)
=20.969/173.79
=0.12065711

Life Water Bhd's return on assets of this year was 0.11048811. Life Water Bhd's return on assets of last year was 0.12065711. ==> 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.

Life Water Bhd's current Net Income (TTM) was 35.3. Life Water Bhd's current Cash Flow from Operations (TTM) was 61.7. ==> 61.7 > 35.3 ==> 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
=81.709/335.0212
=0.24389203

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Mar25
=86.89/263.31575
=0.32998406

Life Water Bhd's gearing of this year was 0.24389203. Life Water Bhd's gearing of last year was 0.32998406. ==> 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
=156.384/22.865
=6.83944894

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=161.115/28.263
=5.70056257

Life Water Bhd's current ratio of this year was 6.83944894. Life Water Bhd's current ratio of last year was 5.70056257. ==> 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.

Life Water Bhd's number of shares in issue this year was 473.18. Life Water Bhd's number of shares in issue last year was 473.18. ==> 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
=93.993/194.85
=0.48238645

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=60.736/128.416
=0.47296287

Life Water Bhd's gross margin of this year was 0.48238645. Life Water Bhd's gross margin of last year was 0.47296287. ==> 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)
=194.85/319.066
=0.6106887

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=128.416/173.79
=0.73891478

Life Water Bhd's asset turnover of this year was 0.6106887. Life Water Bhd's asset turnover of last year was 0.73891478. ==> 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+1+0
=7

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

Life Water 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?
Life Water Bhd (XKLS:5328) has a Piotroski F-Score of 7 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Life Water Bhd and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Life Water Bhd's Piotroski F-Score has ranged from 7.00 to 8.00. According to the industry distribution chart, Life Water Bhd ranks #16 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 14.3%.
Is Life Water Bhd's Piotroski F-Score too high?
Life Water Bhd's current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 8.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 5.50. Life Water Bhd's value of 7 is 27.3% above this industry median. Based on the distribution chart, Life Water Bhd ranks #16 out of 112 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Life Water Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Life Water Bhd's Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Life Water Bhd ranks #16 out of 112 companies for Piotroski F-Score. This places Life Water Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.50. Life Water Bhd's value of 7 is 27.3% above this benchmark. Historically, Life Water Bhd's own Piotroski F-Score has ranged from 7.00 to 8.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.50, Life Water 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 Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 5.50, based on 112 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. Life Water Bhd's current Piotroski F-Score of 7 is 27.3% 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 Life Water Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life Water Bhd's current Piotroski F-Score is 7, which is 13% 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 Life Water Bhd stock overvalued right now?
Life Water Bhd (XKLS:5328) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 27.3% above the Beverages - Non-Alcoholic industry median of 5.50. Life Water Bhd's overall GF Score™ is 20/100 with 1 warning sign 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 Life Water Bhd (XKLS:5328), the current Piotroski F-Score is 7 as of Jul. 04, 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.

Life Water Bhd Business Description

Address Batu 8, Jalan Lintas Sibuga, CL075356375 & CL075356366, Sandakan, SBH, MYS, 90000
Life Water Bhd is an investment holding company. The company, through its subsidiaries, is principally engaged in the manufacturing, sales and marketing of drinking water, carbonated drinks and other drinks, polyethylene terephthalate (PET) containers and related products, manufacturing of preforms and caps, provision of leasing service of motor vehicles and collection of recyclable materials. The company's core business segments are: Bottled Drinking Water, Carbonated Drinks, and Other Products and Packaging. The majority of its revenue is derived from the Bottled Drinking Water segment.
20GF 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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