Permaju Industries Bhd (XKLS:7080) Piotroski F-Score: 3 (As of Jul. 04, 2026) — 25% Below Median


What is Permaju Industries Bhd Piotroski F-Score?

Permaju Industries Bhd XKLS:7080 +100.00% Piotroski F-Score is 3 as of Jul. 04, 2026, which is 25% below its 10-year median of 4.00. The stock has 7 warning signs investors should review. Among 1,288 Vehicles & Parts companies, Permaju Industries Bhd ranks worse than 86.65% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Permaju Industries Bhd has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

XKLS:7080' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 3

During the past 13 years, the highest Piotroski F-Score of Permaju Industries Bhd was 7. The lowest was 1. And the median was 4.

Permaju Industries Bhd  (XKLS:7080) 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.


Permaju Industries Bhd Piotroski F-Score Related Terms


Permaju Industries Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Permaju Industries 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.

Permaju Industries Bhd Piotroski F-Score Chart

Permaju Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A 3.00 4.00 N/A

Permaju Industries 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 2.00 2.00 N/A 4.00 3.00

XKLS:7080 vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Permaju Industries 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.


Permaju Industries Bhd Piotroski F-Score vs Vehicles & Parts Industry

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

* The bar in red indicates where Permaju Industries 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 -4.7 + 5.548 + -7.205 + -4.773 = RM-11.13 Mil.
Cash Flow from Operations was -2.93 + -0.372 + 2.371 + 0.821 = RM-0.11 Mil.
Revenue was 6.098 + 5.778 + 3.591 + 1.686 = RM17.15 Mil.
Gross Profit was 0.684 + 1.309 + 0.783 + 0.893 = RM3.67 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(267.357 + 264.072 + 268.538 + 263.557 + 259.482) / 5 = RM264.6012 Mil.
Total Assets at the begining of this year (Mar25) was RM267.36 Mil.
Long-Term Debt & Capital Lease Obligation was RM8.00 Mil.
Total Current Assets was RM41.02 Mil.
Total Current Liabilities was RM16.21 Mil.
Net Income was -6.766 + -6.519 + -0.138 + -6.891 = RM-20.31 Mil.

Revenue was 6.661 + 5.812 + 5.75 + 7.064 = RM25.29 Mil.
Gross Profit was 0.928 + -0.22 + 1.104 + 0.849 = RM2.66 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(288.776 + 274.385 + 0 + 274.191 + 267.357) / 5 = RM276.17725 Mil.
Total Assets at the begining of last year (Mar24) was RM288.78 Mil.
Long-Term Debt & Capital Lease Obligation was RM4.39 Mil.
Total Current Assets was RM46.90 Mil.
Total Current Liabilities was RM15.00 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.

Permaju Industries Bhd's current Net Income (TTM) was -11.13. ==> 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.

Permaju Industries Bhd's current Cash Flow from Operations (TTM) was -0.11. ==> 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 (Mar25)
=-11.13/267.357
=-0.04162973

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-20.314/288.776
=-0.07034518

Permaju Industries Bhd's return on assets of this year was -0.04162973. Permaju Industries Bhd's return on assets of last year was -0.07034518. ==> 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.

Permaju Industries Bhd's current Net Income (TTM) was -11.13. Permaju Industries Bhd's current Cash Flow from Operations (TTM) was -0.11. ==> -0.11 > -11.13 ==> 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
=8.004/264.6012
=0.0302493

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4.392/276.17725
=0.01590283

Permaju Industries Bhd's gearing of this year was 0.0302493. Permaju Industries Bhd's gearing of last year was 0.01590283. ==> Last year is lower than this year ==> Score 0.

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
=41.024/16.21
=2.53078347

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=46.9/15.002
=3.12624983

Permaju Industries Bhd's current ratio of this year was 2.53078347. Permaju Industries Bhd's current ratio of last year was 3.12624983. ==> 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.

Permaju Industries Bhd's number of shares in issue this year was 1854.089. Permaju Industries Bhd's number of shares in issue last year was 1826.668. ==> 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
=3.669/17.153
=0.21389844

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2.661/25.287
=0.10523194

Permaju Industries Bhd's gross margin of this year was 0.21389844. Permaju Industries Bhd's gross margin of last year was 0.10523194. ==> 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 (Mar25)
=17.153/267.357
=0.06415766

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=25.287/288.776
=0.08756614

Permaju Industries Bhd's asset turnover of this year was 0.06415766. Permaju Industries Bhd's asset turnover of last year was 0.08756614. ==> 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+0+0+0+1+0
=3

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

Permaju Industries Bhd has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Permaju Industries Bhd (XKLS:7080) has a Piotroski F-Score of 3 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Permaju Industries Bhd and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Permaju Industries Bhd's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Permaju Industries Bhd ranks #1116 out of 1288 companies in the Vehicles & Parts industry, placing it in the top 86.6%.
Is Permaju Industries Bhd's Piotroski F-Score too high?
Permaju Industries Bhd's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Permaju Industries Bhd's value of 3 is 40% below this industry median. Based on the distribution chart, Permaju Industries Bhd ranks #1116 out of 1288 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Permaju Industries Bhd's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Permaju Industries Bhd ranks #1116 out of 1288 companies for Piotroski F-Score. This places Permaju Industries Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Permaju Industries Bhd's value of 3 is 40% below this benchmark. Historically, Permaju Industries Bhd's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Permaju Industries 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,288 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. Permaju Industries Bhd's current Piotroski F-Score of 3 is 40% 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 Permaju Industries 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. Permaju Industries Bhd's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permaju Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Permaju Industries Bhd (XKLS:7080) is currently considered Fairly Valued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading right at its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Vehicles & Parts 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 Permaju Industries Bhd (XKLS:7080), the current Piotroski F-Score is 3 as of Jul. 04, 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.

Permaju Industries Bhd Business Description

Other Exchanges 7080PA.PFD:Malaysia
Address Lot 45182, Sungai Penchala, Off Jalan Damansara, Wisma Cergaz, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Permaju Industries Bhd is Malaysia-based investment holding firm. The company is engaged in the sales and distribution of automobile vehicles. The company operates in four business segments namely; Automotive comprises of sale and distribution of motor vehicles and provision of related services which also contributes a majorly in revenue, Property segment consists of development and construction of property, EV Division consists of Rental of luxury EV motor vehicles and Other segment involved in group level corporate services and investment holding activity. Majority of its revenue comes from the Malaysian market.