Kia Lim Bhd (XKLS:6211) Piotroski F-Score: 7 (As of Jun. 28, 2026) — 17% Above Median


XKLS:6211 Kia Lim Bhd XKLS:6211
49 GF Score
Price RM0.38
GF Value RM0.67
Valuation Possible Value Trap
! 5 Warning Signs
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What is Kia Lim Bhd Piotroski F-Score?

Kia Lim Bhd XKLS:6211 49 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates XKLS:6211 with a GF Score™ of 49/100 and a GF Value™ of RM0.67 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 392 Building Materials companies, Kia Lim Bhd ranks better than 87.5% 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

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

XKLS:6211' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Kia Lim Bhd was 8. The lowest was 2. And the median was 6.

Kia Lim Bhd  (XKLS:6211) 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.


Kia Lim Bhd Piotroski F-Score Related Terms


Kia Lim Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kia Lim 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.

Kia Lim Bhd Piotroski F-Score Chart

Kia Lim Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 6.00 8.00 5.00

Kia Lim Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 4.00 5.00 5.00 7.00

XKLS:6211 vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Kia Lim 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.


Kia Lim Bhd Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kia Lim Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:6211
49GF Score
Kia Lim Bhd XKLS:6211
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 0.856 + 1.366 + 0.009 + 0.316 = RM2.55 Mil.
Cash Flow from Operations was 0.766 + 1.282 + 1.472 + 1.415 = RM4.94 Mil.
Revenue was 12.737 + 15.977 + 14.577 + 13.08 = RM56.37 Mil.
Gross Profit was 4.278 + 5.014 + 5.058 + 4.128 = RM18.48 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(80.42 + 80.708 + 83.35 + 83.658 + 84.105) / 5 = RM82.4482 Mil.
Total Assets at the begining of this year (Mar25) was RM80.42 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.07 Mil.
Total Current Assets was RM33.43 Mil.
Total Current Liabilities was RM19.32 Mil.
Net Income was 1.507 + 1.546 + 1.103 + 0.724 = RM4.88 Mil.

Revenue was 10.929 + 11.166 + 11.044 + 12.613 = RM45.75 Mil.
Gross Profit was 4.335 + 4.687 + 3.704 + 4.097 = RM16.82 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(73.814 + 74.045 + 75.192 + 78.489 + 80.42) / 5 = RM76.392 Mil.
Total Assets at the begining of last year (Mar24) was RM73.81 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.20 Mil.
Total Current Assets was RM29.04 Mil.
Total Current Liabilities was RM20.16 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.

Kia Lim Bhd's current Net Income (TTM) was 2.55. ==> 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.

Kia Lim Bhd's current Cash Flow from Operations (TTM) was 4.94. ==> 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)
=2.547/80.42
=0.03167123

ROA (Last Year)=Net Income/Total Assets (Mar24)
=4.88/73.814
=0.06611212

Kia Lim Bhd's return on assets of this year was 0.03167123. Kia Lim Bhd's return on assets of last year was 0.06611212. ==> 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.

Kia Lim Bhd's current Net Income (TTM) was 2.55. Kia Lim Bhd's current Cash Flow from Operations (TTM) was 4.94. ==> 4.94 > 2.55 ==> 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
=2.068/82.4482
=0.02508242

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2.204/76.392
=0.02885119

Kia Lim Bhd's gearing of this year was 0.02508242. Kia Lim Bhd's gearing of last year was 0.02885119. ==> 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
=33.432/19.318
=1.73061394

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=29.035/20.159
=1.44029962

Kia Lim Bhd's current ratio of this year was 1.73061394. Kia Lim Bhd's current ratio of last year was 1.44029962. ==> 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.

Kia Lim Bhd's number of shares in issue this year was 61.938. Kia Lim Bhd's number of shares in issue last year was 61.938. ==> 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
=18.478/56.371
=0.32779266

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=16.823/45.752
=0.36769977

Kia Lim Bhd's gross margin of this year was 0.32779266. Kia Lim Bhd's gross margin of last year was 0.36769977. ==> 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)
=56.371/80.42
=0.70095747

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=45.752/73.814
=0.61982822

Kia Lim Bhd's asset turnover of this year was 0.70095747. Kia Lim Bhd's asset turnover of last year was 0.61982822. ==> This year's asset turnover is higher. ==> Score 1.

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+1
=7

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

Kia Lim 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?
Kia Lim Bhd (XKLS:6211) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kia Lim Bhd and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Kia Lim Bhd's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Kia Lim Bhd ranks #49 out of 392 companies in the Building Materials industry, placing it in the top 12.5%.
Is Kia Lim Bhd's Piotroski F-Score too high?
Kia Lim Bhd's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Building Materials industry median Piotroski F-Score is 5.00. Kia Lim Bhd's value of 7 is 40% above this industry median. Based on the distribution chart, Kia Lim Bhd ranks #49 out of 392 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Kia Lim Bhd has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kia Lim Bhd's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kia Lim Bhd ranks #49 out of 392 companies for Piotroski F-Score. This places Kia Lim Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Kia Lim Bhd's value of 7 is 40% above this benchmark. Historically, Kia Lim Bhd's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Kia Lim 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 392 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. Kia Lim 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 Kia Lim Bhd and its competitors. For the Building Materials 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. Kia Lim Bhd's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kia Lim Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kia Lim Bhd (XKLS:6211) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.67, compared to a current price of RM0.38 — trading 43.3% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Building Materials industry median of 5.00. Kia Lim Bhd's overall GF Score™ is 49/100 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 Kia Lim Bhd (XKLS:6211), the current Piotroski F-Score is 7 as of Jun. 28, 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.

Is Kia Lim Bhd (XKLS:6211) Overvalued in 2026?

Based on GuruFocus' analysis, Kia Lim Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 43.3% below its estimated GF Value™ of RM0.67. GuruFocus considers Kia Lim Bhd to be Possible Value Trap.

Key valuation signals for XKLS:6211:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: RM0.67 vs. price of RM0.38 (43.3% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 40% above the Building Materials median (#49 of 392)

No single metric tells the full story. See the XKLS:6211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kia Lim Bhd Business Description

Address 79, Jalan Muar, 1st Floor, Wisma Ng Hoo Tee, Batu Pahat, Johor Darul Ta\'zim, Parit Sulong, JHR, MYS, 83500
Kia Lim Bhd is an investment holding company. The company is engaged in the business of manufacturing clay bricks. Along with its subsidiaries, the company manufactures clay bricks, facing bricks, block bricks, M211 bricks, brick tiles, chamfered paving bricks, and many more. The group operates in Malaysia.
49GF Score

Get the complete analysis for XKLS:6211

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

RM0.38
Price
RM0.67
GF Value