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Jentayu Sustainables Bhd (XKLS:5673) Piotroski F-Score : 5 (As of Apr. 06, 2025)


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What is Jentayu Sustainables Bhd Piotroski F-Score?

The zones of discrimination were as such:

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

Jentayu Sustainables Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

XKLS:5673' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Jentayu Sustainables Bhd was 6. The lowest was 1. And the median was 4.


Jentayu Sustainables Bhd Piotroski F-Score Historical Data

The historical data trend for Jentayu Sustainables 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.

* Premium members only.

Jentayu Sustainables Bhd Piotroski F-Score Chart

Jentayu Sustainables Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 2.00 5.00 1.00 4.00

Jentayu Sustainables Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.00 4.00 4.00 5.00 5.00

Competitive Comparison of Jentayu Sustainables Bhd's Piotroski F-Score

For the Conglomerates subindustry, Jentayu Sustainables 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.


Jentayu Sustainables Bhd's Piotroski F-Score Distribution in the Conglomerates Industry

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

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


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was -9.248 + 0.193 + -4.357 + -3.409 = RM-16.82 Mil.
Cash Flow from Operations was -7.715 + 3.76 + 0.454 + -4.04 = RM-7.54 Mil.
Revenue was 4.958 + 3.752 + 3.716 + 4.83 = RM17.26 Mil.
Gross Profit was 1.597 + 1.57 + 1.512 + 1.893 = RM6.57 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(204.924 + 209.212 + 210.991 + 195.774 + 194.063) / 5 = RM202.9928 Mil.
Total Assets at the begining of this year (Dec23) was RM204.92 Mil.
Long-Term Debt & Capital Lease Obligation was RM18.13 Mil.
Total Current Assets was RM42.12 Mil.
Total Current Liabilities was RM34.12 Mil.
Net Income was -6.819 + -5.565 + -7.147 + -3.699 = RM-23.23 Mil.

Revenue was 5.837 + 14.451 + 7.57 + 5.679 = RM33.54 Mil.
Gross Profit was 1.749 + 0.548 + 1.456 + 1.738 = RM5.49 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(169.152 + 183.986 + 197.172 + 203.728 + 204.924) / 5 = RM191.7924 Mil.
Total Assets at the begining of last year (Dec22) was RM169.15 Mil.
Long-Term Debt & Capital Lease Obligation was RM30.56 Mil.
Total Current Assets was RM44.45 Mil.
Total Current Liabilities was RM38.26 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.

Jentayu Sustainables Bhd's current Net Income (TTM) was -16.82. ==> Negative ==> Score 0.

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.

Jentayu Sustainables Bhd's current Cash Flow from Operations (TTM) was -7.54. ==> 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 (Dec23)
=-16.821/204.924
=-0.08208409

ROA (Last Year)=Net Income/Total Assets (Dec22)
=-23.23/169.152
=-0.1373321

Jentayu Sustainables Bhd's return on assets of this year was -0.08208409. Jentayu Sustainables Bhd's return on assets of last year was -0.1373321. ==> 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.

Jentayu Sustainables Bhd's current Net Income (TTM) was -16.82. Jentayu Sustainables Bhd's current Cash Flow from Operations (TTM) was -7.54. ==> -7.54 > -16.82 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=18.129/202.9928
=0.08930859

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=30.56/191.7924
=0.15933895

Jentayu Sustainables Bhd's gearing of this year was 0.08930859. Jentayu Sustainables Bhd's gearing of last year was 0.15933895. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=42.117/34.122
=1.23430631

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=44.446/38.256
=1.16180468

Jentayu Sustainables Bhd's current ratio of this year was 1.23430631. Jentayu Sustainables Bhd's current ratio of last year was 1.16180468. ==> 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.

Jentayu Sustainables Bhd's number of shares in issue this year was 597.096. Jentayu Sustainables Bhd's number of shares in issue last year was 572.406. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=6.572/17.256
=0.38085304

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.491/33.537
=0.16372961

Jentayu Sustainables Bhd's gross margin of this year was 0.38085304. Jentayu Sustainables Bhd's gross margin of last year was 0.16372961. ==> 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 (Dec23)
=17.256/204.924
=0.08420683

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=33.537/169.152
=0.19826547

Jentayu Sustainables Bhd's asset turnover of this year was 0.08420683. Jentayu Sustainables Bhd's asset turnover of last year was 0.19826547. ==> 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
=0+0+1+1+1+1+0+1+0
=5

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

Jentayu Sustainables Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Jentayu Sustainables Bhd  (XKLS:5673) 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.


Jentayu Sustainables Bhd Piotroski F-Score Related Terms

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Jentayu Sustainables Bhd Business Description

Traded in Other Exchanges
N/A
Address
11 Persiaran KLCC, Unit 25-01, Level 25, Menara Felda, Kuala Lumpur, SGR, MYS, 50450
Jentayu Sustainables Bhd is principally engaged in the businesses of trading and distribution of building materials. The company is organized into segments; Trading, Renewable energy, Property Development, Healthcare and Others. Its primary geographic market is Malaysia. and also has its presence in Singapore, Netherlands, Germany and France. The company generates majority of its revenue from the Trading segment.

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