TMK Chemical Bhd (XKLS:5330) Piotroski F-Score: 7 (As of Jul. 04, 2026) — Near Median


XKLS:5330 TMK Chemical Bhd XKLS:5330
18 GF Score
Price RM2.43
! 7 Warning Signs
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What is TMK Chemical Bhd Piotroski F-Score?

TMK Chemical Bhd XKLS:5330 +3.40% 18 Piotroski F-Score is 7 as of Jul. 04, 2026, which is at its 10-year median of 7.00. GuruFocus rates XKLS:5330 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,564 Chemicals companies, TMK Chemical Bhd ranks better than 90.15% 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

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

XKLS:5330' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 7   Max: 7
Current: 7

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

TMK Chemical Bhd  (XKLS:5330) 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.


TMK Chemical Bhd Piotroski F-Score Related Terms


TMK Chemical Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for TMK Chemical 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.

TMK Chemical Bhd Piotroski F-Score Chart

TMK Chemical Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A N/A N/A 7.00

TMK Chemical Bhd Quarterly Data
Dec21 Dec22 Dec23 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 7.00 7.00

XKLS:5330 vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, TMK Chemical 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.


TMK Chemical Bhd Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TMK Chemical Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:5330
18GF Score
TMK Chemical Bhd XKLS:5330
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 21.315 + 26.114 + 29.329 + 30.138 = RM107 Mil.
Cash Flow from Operations was 38.403 + 30.161 + 63.881 + 20.265 = RM153 Mil.
Revenue was 263.746 + 284.641 + 246.597 + 241.368 = RM1,036 Mil.
Gross Profit was 51.277 + 58.374 + 62.671 + 62.171 = RM234 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1302.148 + 1251.399 + 1217.019 + 1272.378 + 1227.951) / 5 = RM1254.179 Mil.
Total Assets at the begining of this year (Mar25) was RM1,302 Mil.
Long-Term Debt & Capital Lease Obligation was RM103 Mil.
Total Current Assets was RM655 Mil.
Total Current Liabilities was RM327 Mil.
Net Income was 0 + 29.161 + 22.398 + 20.771 = RM72 Mil.

Revenue was 0 + 348.174 + 295.777 + 257.998 = RM902 Mil.
Gross Profit was 0 + 62.84 + 62.881 + 48.725 = RM174 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Mar25) was
(1069.137 + 1388.877 + 0 + 1364.871 + 1302.148) / 5 = RM1281.25825 Mil.
Total Assets at the begining of last year (Dec23) was RM1,069 Mil.
Long-Term Debt & Capital Lease Obligation was RM224 Mil.
Total Current Assets was RM775 Mil.
Total Current Liabilities was RM319 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.

TMK Chemical Bhd's current Net Income (TTM) was 107. ==> 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.

TMK Chemical Bhd's current Cash Flow from Operations (TTM) was 153. ==> 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)
=106.896/1302.148
=0.08209205

ROA (Last Year)=Net Income/Total Assets (Dec23)
=72.33/1069.137
=0.0676527

TMK Chemical Bhd's return on assets of this year was 0.08209205. TMK Chemical Bhd's return on assets of last year was 0.0676527. ==> 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.

TMK Chemical Bhd's current Net Income (TTM) was 107. TMK Chemical Bhd's current Cash Flow from Operations (TTM) was 153. ==> 153 > 107 ==> 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
=103.488/1254.179
=0.08251454

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Mar25
=224.083/1281.25825
=0.17489292

TMK Chemical Bhd's gearing of this year was 0.08251454. TMK Chemical Bhd's gearing of last year was 0.17489292. ==> 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
=655.28/326.579
=2.00649766

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=775.205/319.013
=2.43001069

TMK Chemical Bhd's current ratio of this year was 2.00649766. TMK Chemical Bhd's current ratio of last year was 2.43001069. ==> 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.

TMK Chemical Bhd's number of shares in issue this year was 1000. TMK Chemical Bhd's number of shares in issue last year was 1000. ==> 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
=234.493/1036.352
=0.22626772

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=174.446/901.949
=0.19341005

TMK Chemical Bhd's gross margin of this year was 0.22626772. TMK Chemical Bhd's gross margin of last year was 0.19341005. ==> 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)
=1036.352/1302.148
=0.79587881

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=901.949/1069.137
=0.84362341

TMK Chemical Bhd's asset turnover of this year was 0.79587881. TMK Chemical Bhd's asset turnover of last year was 0.84362341. ==> 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+1+1+1+0+1+1+0
=7

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

TMK Chemical 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?
TMK Chemical Bhd (XKLS:5330) 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 TMK Chemical Bhd and its competitors. This is near median its historical median of 7.00. Over the past decade, TMK Chemical Bhd's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, TMK Chemical Bhd ranks #154 out of 1564 companies in the Chemicals industry, placing it in the top 9.8%.
Is TMK Chemical Bhd's Piotroski F-Score too high?
TMK Chemical Bhd's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Chemicals industry median Piotroski F-Score is 5.00. TMK Chemical Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, TMK Chemical Bhd ranks #154 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TMK Chemical Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TMK Chemical Bhd's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, TMK Chemical Bhd ranks #154 out of 1564 companies for Piotroski F-Score. This places TMK Chemical Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. TMK Chemical Bhd's value of 7 is 40% above this benchmark. Historically, TMK Chemical Bhd's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, TMK Chemical 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,564 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. TMK Chemical Bhd's current Piotroski F-Score of 7 is 40% 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 TMK Chemical Bhd and its competitors. For the Chemicals 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. TMK Chemical Bhd's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK Chemical Bhd stock overvalued right now?
TMK Chemical Bhd (XKLS:5330) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Chemicals industry median of 5.00. TMK Chemical Bhd's overall GF Score™ is 18/100 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 TMK Chemical Bhd (XKLS:5330), 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.

TMK Chemical Bhd Business Description

Address Jalan PJU 1A/2, Blok B2, No. 2, B2-6-01, Meritus at Oasis Corporate Park, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
TMK Chemical Bhd provides a range of chemical manufacturing, chemical distribution, storage, and logistics services to satisfy the industrial needs of businesses for various markets. The company operates in the following divisions: Provision of total chemical management, Provision of chemical terminal services, and Others. The majority of its revenue is generated from the Provision of total chemical management business, which provides sourcing, processing, distribution, and manufacturing services for inorganic chemicals and value-added services, including chemical processing services, and the provision of handling and storage services. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Vietnam, Indonesia, Brunei, and other regions.
18GF 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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