Geohan Bhd (XKLS:5345) Piotroski F-Score: 4 (As of Jul. 03, 2026) — 20% Below Median


XKLS:5345 Geohan Corp Bhd XKLS:5345
11 GF Score
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! 5 Warning Signs
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What is Geohan Bhd Piotroski F-Score?

Geohan Bhd XKLS:5345 11 Piotroski F-Score is 4 as of Jul. 03, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates XKLS:5345 with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 1,731 Construction companies, Geohan Bhd ranks worse than 65.34% 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

Geohan Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

XKLS:5345' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 5
Current: 4

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

Geohan Bhd  (XKLS:5345) 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.


Geohan Bhd Piotroski F-Score Related Terms


Geohan Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Geohan 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.

Geohan Bhd Piotroski F-Score Chart

Geohan Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 5.00 4.00

Geohan Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Piotroski F-Score N/A N/A 5.00 4.00

XKLS:5345 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Geohan 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.


Geohan Bhd Piotroski F-Score vs Construction Industry

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

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


XKLS:5345
11GF Score
Geohan Corp Bhd XKLS:5345
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was RM13.6 Mil.
Cash Flow from Operations was RM-27.1 Mil.
Revenue was RM367.6 Mil.
Gross Profit was RM38.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (401.853 + 508.689) / 2 = RM455.271 Mil.
Total Assets at the begining of this year (Dec24) was RM401.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM61.9 Mil.
Total Current Assets was RM314.7 Mil.
Total Current Liabilities was RM219.3 Mil.
Net Income was RM13.8 Mil.

Revenue was RM395.2 Mil.
Gross Profit was RM45.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (355.656 + 401.853) / 2 = RM378.7545 Mil.
Total Assets at the begining of last year (Dec23) was RM355.7 Mil.
Long-Term Debt & Capital Lease Obligation was RM57.3 Mil.
Total Current Assets was RM212.3 Mil.
Total Current Liabilities was RM204.9 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.

Geohan Bhd's current Net Income (TTM) was 13.6. ==> 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.

Geohan Bhd's current Cash Flow from Operations (TTM) was -27.1. ==> Negative ==> Score 0.

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 (Dec24)
=13.636/401.853
=0.03393281

ROA (Last Year)=Net Income/Total Assets (Dec23)
=13.824/355.656
=0.03886902

Geohan Bhd's return on assets of this year was 0.03393281. Geohan Bhd's return on assets of last year was 0.03886902. ==> 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.

Geohan Bhd's current Net Income (TTM) was 13.6. Geohan Bhd's current Cash Flow from Operations (TTM) was -27.1. ==> -27.1 <= 13.6 ==> CFROA <= ROA ==> Score 0.

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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=61.876/455.271
=0.13591026

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=57.322/378.7545
=0.15134342

Geohan Bhd's gearing of this year was 0.13591026. Geohan Bhd's gearing of last year was 0.15134342. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=314.683/219.26
=1.43520478

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=212.304/204.891
=1.03618021

Geohan Bhd's current ratio of this year was 1.43520478. Geohan Bhd's current ratio of last year was 1.03618021. ==> 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.

Geohan Bhd's number of shares in issue this year was 82.969. Geohan Bhd's number of shares in issue last year was 440. ==> 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
=38.68/367.584
=0.10522765

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=45.233/395.216
=0.11445134

Geohan Bhd's gross margin of this year was 0.10522765. Geohan Bhd's gross margin of last year was 0.11445134. ==> 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 (Dec24)
=367.584/401.853
=0.91472255

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=395.216/355.656
=1.11123108

Geohan Bhd's asset turnover of this year was 0.91472255. Geohan Bhd's asset turnover of last year was 1.11123108. ==> 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+0+0+0+1+1+1+0+0
=4

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

Geohan Bhd has an F-score of 4 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 4 mean?
Geohan Bhd (XKLS:5345) has a Piotroski F-Score of 4 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Geohan Bhd and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Geohan Bhd's Piotroski F-Score has ranged from 4.00 to 5.00. According to the industry distribution chart, Geohan Bhd ranks #1131 out of 1731 companies in the Construction industry, placing it in the top 65.3%.
Is Geohan Bhd's Piotroski F-Score too high?
Geohan Bhd's current Piotroski F-Score of 4 is 20% below 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 5.00. The Construction industry median Piotroski F-Score is 5.00. Geohan Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Geohan Bhd ranks #1131 out of 1731 companies in the Construction industry, which is below the industry midpoint. Overall, Geohan Bhd has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Geohan Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Geohan Bhd ranks #1131 out of 1731 companies for Piotroski F-Score. This places Geohan Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Geohan Bhd's value of 4 is 20% below this benchmark. Historically, Geohan Bhd's own Piotroski F-Score has ranged from 4.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Geohan Bhd has consistently been below 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 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. Geohan Bhd's current Piotroski F-Score of 4 is 20% below 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 Geohan Bhd and its competitors. For the Construction 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. Geohan Bhd's current Piotroski F-Score is 4, which is 20% below 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 Geohan Bhd stock overvalued right now?
Geohan Bhd (XKLS:5345) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Construction industry median of 5.00. Geohan Bhd's overall GF Score™ is 11/100 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 Geohan Bhd (XKLS:5345), the current Piotroski F-Score is 4 as of Jul. 03, 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.

Geohan Bhd Business Description

Address Jalan Datuk Sulaiman, No. 40, 42A & 42B, Taman Tun Dr. Ismail, Wilayah Persekutuan, Kuala Lumpur, MYS, 60000
Geohan Corp Bhd is an investment holding company. Through its Subsidiaries, the company is principally involved in the provision of foundation and geotechnical services, as well as other related services. Its core interests include real estate, construction, and infrastructure development. The company's business segments include: Foundation and geotechnical services; and Other related services. The majority of revenue is derived from the Foundation and geotechnical services segment, which is involved in the provision of piling works, earth retaining structural works and sub-structure works for residential, commercial, industrial as well as infrastructure development.
11GF Score

Get the complete analysis for XKLS:5345

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

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