Komarkcorp Bhd (XKLS:7017) Piotroski F-Score: 4 (As of Jul. 02, 2026) — 33% Above Median


What is Komarkcorp Bhd Piotroski F-Score?

Komarkcorp Bhd XKLS:7017 Piotroski F-Score is 4 as of Jul. 02, 2026, which is 33% above its 10-year median of 3.00. The stock has 5 warning signs investors should review. Among 1,064 Business Services companies, Komarkcorp Bhd ranks worse than 69.74% 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

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

XKLS:7017' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Komarkcorp Bhd was 8. The lowest was 1. And the median was 3.

Komarkcorp Bhd  (XKLS:7017) 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.


Komarkcorp Bhd Piotroski F-Score Related Terms


Komarkcorp Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Komarkcorp 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.

Komarkcorp Bhd Piotroski F-Score Chart

Komarkcorp Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Mar22 Mar23 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 0.00 5.00 2.00

Komarkcorp Bhd Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 3.00 2.00 3.00 5.00 4.00

XKLS:7017 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Komarkcorp 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.


Komarkcorp Bhd Piotroski F-Score vs Business Services Industry

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

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


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 -12.963 + -1.682 + -1.453 + -3.557 = RM-19.66 Mil.
Cash Flow from Operations was 5.384 + -0.261 + 1.075 + -0.867 = RM5.33 Mil.
Revenue was 3.96 + 4.258 + 4.588 + 3.993 = RM16.80 Mil.
Gross Profit was -0.341 + -0.396 + -0.346 + -0.532 = RM-1.62 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(122.456 + 111.037 + 104.759 + 104.867 + 100.811) / 5 = RM108.786 Mil.
Total Assets at the begining of this year (Mar25) was RM122.46 Mil.
Long-Term Debt & Capital Lease Obligation was RM7.08 Mil.
Total Current Assets was RM25.62 Mil.
Total Current Liabilities was RM20.57 Mil.
Net Income was -4.764 + -3.108 + -3.859 + -4.402 = RM-16.13 Mil.

Revenue was 5.629 + 4.629 + 4.31 + 7.022 = RM21.59 Mil.
Gross Profit was -1.57 + -0.048 + -0.59 + 0.202 = RM-2.01 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Mar25) was
(155.069 + 150.689 + 121.622 + 119.255 + 122.456) / 5 = RM133.8182 Mil.
Total Assets at the begining of last year (Sep23) was RM155.07 Mil.
Long-Term Debt & Capital Lease Obligation was RM14.44 Mil.
Total Current Assets was RM39.58 Mil.
Total Current Liabilities was RM20.79 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.

Komarkcorp Bhd's current Net Income (TTM) was -19.66. ==> 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.

Komarkcorp Bhd's current Cash Flow from Operations (TTM) was 5.33. ==> 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)
=-19.655/122.456
=-0.16050663

ROA (Last Year)=Net Income/Total Assets (Sep23)
=-16.133/155.069
=-0.10403756

Komarkcorp Bhd's return on assets of this year was -0.16050663. Komarkcorp Bhd's return on assets of last year was -0.10403756. ==> 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.

Komarkcorp Bhd's current Net Income (TTM) was -19.66. Komarkcorp Bhd's current Cash Flow from Operations (TTM) was 5.33. ==> 5.33 > -19.66 ==> 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
=7.083/108.786
=0.06510948

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Mar25
=14.436/133.8182
=0.1078777

Komarkcorp Bhd's gearing of this year was 0.06510948. Komarkcorp Bhd's gearing of last year was 0.1078777. ==> 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
=25.616/20.573
=1.24512711

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=39.584/20.793
=1.9037176

Komarkcorp Bhd's current ratio of this year was 1.24512711. Komarkcorp Bhd's current ratio of last year was 1.9037176. ==> 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.

Komarkcorp Bhd's number of shares in issue this year was 230.918. Komarkcorp Bhd's number of shares in issue last year was 230.918. ==> 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
=-1.615/16.799
=-0.09613667

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-2.006/21.59
=-0.09291339

Komarkcorp Bhd's gross margin of this year was -0.09613667. Komarkcorp Bhd's gross margin of last year was -0.09291339. ==> 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)
=16.799/122.456
=0.13718397

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=21.59/155.069
=0.13922834

Komarkcorp Bhd's asset turnover of this year was 0.13718397. Komarkcorp Bhd's asset turnover of last year was 0.13922834. ==> 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+1+0+1+1+0+1+0+0
=4

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

Komarkcorp 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?
Komarkcorp Bhd (XKLS:7017) has a Piotroski F-Score of 4 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Komarkcorp Bhd and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Komarkcorp Bhd's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Komarkcorp Bhd ranks #742 out of 1064 companies in the Business Services industry, placing it in the top 69.7%.
Is Komarkcorp Bhd's Piotroski F-Score too high?
Komarkcorp Bhd's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Komarkcorp Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Komarkcorp Bhd ranks #742 out of 1064 companies in the Business Services industry, which is below the industry midpoint.
How does Komarkcorp Bhd's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Komarkcorp Bhd ranks #742 out of 1064 companies for Piotroski F-Score. This places Komarkcorp Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Komarkcorp Bhd's value of 4 is 20% below this benchmark. Historically, Komarkcorp Bhd's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Komarkcorp 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Komarkcorp 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 Komarkcorp Bhd and its competitors. For the Business Services 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. Komarkcorp Bhd's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komarkcorp Bhd stock overvalued right now?
Based on GuruFocus' analysis, Komarkcorp Bhd (XKLS:7017) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.07 — trading 62.5% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 20% below the Business Services industry median of 5.00. 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 Komarkcorp Bhd (XKLS:7017), the current Piotroski F-Score is 4 as of Jul. 02, 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.

Komarkcorp Bhd Business Description

Address Lot 132, Jalan 16/1, Kawasan Perindustrian Cheras Jaya, Darul Ehsan, Balakong, SGR, MYS, 43200
Komarkcorp Bhd is a company engaged in the manufacturing of self-adhesive labels and flexible packaging. The company's segment includes Self-adhesive labels and stickers, Face masks, and others. The company generates maximum revenue from the Self-adhesive labels and stickers segment. Geographically, it derives a majority of its revenue from Malaysia.