New Hoong Fatt Holdings Bhd (XKLS:7060) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 14% Below Median


XKLS:7060 New Hoong Fatt Holdings Bhd XKLS:7060
68 GF Score
Price RM1.30
GF Value RM1.56
Valuation Modestly Undervalued
! 4 Warning Signs
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What is New Hoong Fatt Holdings Bhd Piotroski F-Score?

New Hoong Fatt Holdings Bhd XKLS:7060 68 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates XKLS:7060 with a GF Score™ of 68/100 and a GF Value™ of RM1.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,287 Vehicles & Parts companies, New Hoong Fatt Holdings Bhd ranks better than 73.58% 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

New Hoong Fatt Holdings Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

XKLS:7060' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of New Hoong Fatt Holdings Bhd was 9. The lowest was 4. And the median was 7.

New Hoong Fatt Holdings Bhd  (XKLS:7060) 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.


New Hoong Fatt Holdings Bhd Piotroski F-Score Related Terms


New Hoong Fatt Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for New Hoong Fatt Holdings 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.

New Hoong Fatt Holdings Bhd Piotroski F-Score Chart

New Hoong Fatt Holdings 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 8.00 9.00 8.00 6.00 6.00

New Hoong Fatt Holdings 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 6.00 7.00 6.00 6.00

XKLS:7060 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, New Hoong Fatt Holdings 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.


New Hoong Fatt Holdings Bhd Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Hoong Fatt Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where New Hoong Fatt Holdings Bhd's Piotroski F-Score falls into.


XKLS:7060
68GF Score
New Hoong Fatt Holdings Bhd XKLS:7060
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 6.683 + 10.004 + 3.967 + 3.227 = RM23.9 Mil.
Cash Flow from Operations was 17.588 + 20.951 + 19.46 + 3.696 = RM61.7 Mil.
Revenue was 65.148 + 65.955 + 57.943 + 52.933 = RM242.0 Mil.
Gross Profit was 17.08 + 21.294 + 15.937 + 12.475 = RM66.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(652.393 + 647.993 + 660.771 + 664.263 + 651.159) / 5 = RM655.3158 Mil.
Total Assets at the begining of this year (Mar25) was RM652.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.
Total Current Assets was RM263.3 Mil.
Total Current Liabilities was RM8.3 Mil.
Net Income was 12.116 + 5.467 + 11.281 + 9.097 = RM38.0 Mil.

Revenue was 71.172 + 72.637 + 63.684 + 63.933 = RM271.4 Mil.
Gross Profit was 22.642 + 19.001 + 18.558 + 18.67 = RM78.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(640.418 + 649.445 + 648.317 + 655.411 + 652.393) / 5 = RM649.1968 Mil.
Total Assets at the begining of last year (Mar24) was RM640.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.
Total Current Assets was RM247.3 Mil.
Total Current Liabilities was RM16.1 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.

New Hoong Fatt Holdings Bhd's current Net Income (TTM) was 23.9. ==> 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.

New Hoong Fatt Holdings Bhd's current Cash Flow from Operations (TTM) was 61.7. ==> 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)
=23.881/652.393
=0.03660524

ROA (Last Year)=Net Income/Total Assets (Mar24)
=37.961/640.418
=0.05927535

New Hoong Fatt Holdings Bhd's return on assets of this year was 0.03660524. New Hoong Fatt Holdings Bhd's return on assets of last year was 0.05927535. ==> 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.

New Hoong Fatt Holdings Bhd's current Net Income (TTM) was 23.9. New Hoong Fatt Holdings Bhd's current Cash Flow from Operations (TTM) was 61.7. ==> 61.7 > 23.9 ==> 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
=0/655.3158
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/649.1968
=0

New Hoong Fatt Holdings Bhd's gearing of this year was 0. New Hoong Fatt Holdings Bhd's gearing of last year was 0. ==> 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
=263.309/8.332
=31.60213634

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=247.349/16.062
=15.3996389

New Hoong Fatt Holdings Bhd's current ratio of this year was 31.60213634. New Hoong Fatt Holdings Bhd's current ratio of last year was 15.3996389. ==> 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.

New Hoong Fatt Holdings Bhd's number of shares in issue this year was 165.344. New Hoong Fatt Holdings Bhd's number of shares in issue last year was 165.344. ==> 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
=66.786/241.979
=0.27599916

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=78.871/271.426
=0.29058012

New Hoong Fatt Holdings Bhd's gross margin of this year was 0.27599916. New Hoong Fatt Holdings Bhd's gross margin of last year was 0.29058012. ==> 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)
=241.979/652.393
=0.37090987

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=271.426/640.418
=0.42382631

New Hoong Fatt Holdings Bhd's asset turnover of this year was 0.37090987. New Hoong Fatt Holdings Bhd's asset turnover of last year was 0.42382631. ==> 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+0+1+1+1+1+0+0
=6

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

New Hoong Fatt Holdings Bhd has an F-score of 6 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 6 mean?
New Hoong Fatt Holdings Bhd (XKLS:7060) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on New Hoong Fatt Holdings Bhd and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, New Hoong Fatt Holdings Bhd's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, New Hoong Fatt Holdings Bhd ranks #340 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 26.4%.
Is New Hoong Fatt Holdings Bhd's Piotroski F-Score too high?
New Hoong Fatt Holdings Bhd's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. New Hoong Fatt Holdings Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, New Hoong Fatt Holdings Bhd ranks #340 out of 1287 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, New Hoong Fatt Holdings Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Hoong Fatt Holdings Bhd's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, New Hoong Fatt Holdings Bhd ranks #340 out of 1287 companies for Piotroski F-Score. This puts New Hoong Fatt Holdings Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. New Hoong Fatt Holdings Bhd's value of 6 is 20% above this benchmark. Historically, New Hoong Fatt Holdings Bhd's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, New Hoong Fatt Holdings 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 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. New Hoong Fatt Holdings Bhd's current Piotroski F-Score of 6 is 20% 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 New Hoong Fatt Holdings Bhd and its competitors. For the Vehicles & Parts 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. New Hoong Fatt Holdings Bhd's current Piotroski F-Score is 6, which is 14% below 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 New Hoong Fatt Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd (XKLS:7060) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.56, compared to a current price of RM1.30 — trading 16.7% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Vehicles & Parts industry median of 5.00. New Hoong Fatt Holdings Bhd's overall GF Score™ is 68/100 with 4 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 New Hoong Fatt Holdings Bhd (XKLS:7060), the current Piotroski F-Score is 6 as of Jun. 27, 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 New Hoong Fatt Holdings Bhd (XKLS:7060) Overvalued in 2026?

Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd stock appears to be undervalued. The current stock price of RM1.30 is trading 16.7% below its estimated GF Value™ of RM1.56. GuruFocus considers New Hoong Fatt Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7060:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: RM1.56 vs. price of RM1.30 (16.7% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#340 of 1287)

No single metric tells the full story. See the XKLS:7060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Hoong Fatt Holdings Bhd Business Description

Address Jalan Teratai, Meru, Lot 5043, Klang, SGR, MYS, 41050
New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia that provides automotive parts solutions through its subsidiaries. Its products are classified under different categories such as Metal Automotive parts which include door, hood, tailgate, fender, trunk lid, and bonnet; Plastic Automotive parts such as the bumper, grille, lamp, lamp accessories, door handle, and door mirror; and Automotive Accessories such as oil filter, spark plug, brake pad, air filter, ignition switch, fan motor, and others. The company's geographical segments include Malaysia; ASEAN; and Non-ASEAN. It derives the majority of the revenue from Malaysia.
68GF Score

Get the complete analysis for XKLS:7060

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

RM1.30
Price
RM1.56
GF Value