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Supermax BhdXKLS:7106 -7.14%41 Piotroski F-Score is 5 as of Aug. 31, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:7106 with a GF Score™ of 41/100 and a GF Value™ of RM0.69 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 812 Medical Devices & Instruments companies, Supermax Bhd ranks better than 63.05% 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
Supermax 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 Supermax Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:7106'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Supermax Bhd was 8. The lowest was 2. And the median was 5.
Supermax Bhd (XKLS:7106) 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.
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.
Supermax Bhd Piotroski F-Score Related Terms
Supermax Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Supermax 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.
XKLS:7106 vs ISRG, BDX, RMD: Piotroski F-Score Comparison
For the Medical Instruments & Supplies subindustry, Supermax 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.
Supermax Bhd Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Supermax Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Supermax Bhd's Piotroski F-Score falls into.
* 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was -134.612 + -58.442 + -41.138 + 80.322 = RM-153.9 Mil. Cash Flow from Operations was 72.486 + 5.341 + -26.635 + -15.256 = RM35.9 Mil. Revenue was 205.564 + 187.436 + 126.758 + 217.3 = RM737.1 Mil. Gross Profit was 205.564 + 187.436 + 126.758 + 217.3 = RM737.1 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(4408.217 + 4292.325 + 4166.332 + 4128.455 + 4274.934) / 5 = RM4254.0526 Mil. Total Assets at the begining of this year (Jun25) was RM4,408.2 Mil. Long-Term Debt & Capital Lease Obligation was RM13.4 Mil. Total Current Assets was RM1,182.6 Mil. Total Current Liabilities was RM399.9 Mil.
Net Income was -64.628 + -4.922 + -23.805 + -51.645 = RM-145.0 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.
Supermax Bhd's current Net Income (TTM) was -153.9.
==> 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.
Supermax Bhd's return on assets of this year was -0.03490527. Supermax Bhd's return on assets of last year was -0.02995044.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Supermax Bhd's gearing of this year was 0.00314218. Supermax Bhd's gearing of last year was 0.00355688.
==> 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
Supermax Bhd's current ratio of this year was 2.95727793. Supermax Bhd's current ratio of last year was 4.38466991.
==> 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.
Supermax Bhd's number of shares in issue this year was 3082.588. Supermax Bhd's number of shares in issue last year was 3082.588.
==> 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.
Supermax Bhd's gross margin of this year was 1. Supermax Bhd's gross margin of last year was 1.
==> 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
Supermax Bhd's asset turnover of this year was 0.16720093. Supermax Bhd's asset turnover of last year was 0.1610218.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Supermax Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Supermax Bhd (XKLS:7106) has a Piotroski F-Score of 5 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Supermax Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, Supermax Bhd's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Supermax Bhd ranks #300 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 36.9%.
Is Supermax Bhd's Piotroski F-Score too high?
Supermax Bhd's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Supermax Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, Supermax Bhd ranks #300 out of 812 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Supermax Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Supermax Bhd's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Supermax Bhd ranks #300 out of 812 companies for Piotroski F-Score. This puts Supermax Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Supermax Bhd's value of 5 is 0% at this benchmark. Historically, Supermax 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 5.00 vs. the industry median of 5.00, Supermax Bhd has consistently been at 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 812 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. Supermax Bhd's current Piotroski F-Score of 5 is 0% at 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 Supermax Bhd and its competitors. For the Medical Devices & Instruments 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. Supermax Bhd's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supermax Bhd stock overvalued right now?
Based on GuruFocus' analysis, Supermax Bhd (XKLS:7106) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.69, compared to a current price of RM0.33 — trading 52.9% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Medical Devices & Instruments industry median of 5.00. Supermax Bhd's overall GF Score™ is 41/100 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 Supermax Bhd (XKLS:7106), the current Piotroski F-Score is 5 as of Aug. 31, 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 Supermax Bhd (XKLS:7106) Overvalued in 2026?
Based on GuruFocus' analysis, Supermax Bhd stock appears to be undervalued.
The current stock price of RM0.33 is trading 52.9% below its estimated GF Value™ of RM0.69.
GuruFocus considers Supermax Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7106:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: RM0.69 vs. price of RM0.33 (52.9% below fair value)
Industry Position: 0% at the Medical Devices & Instruments median (#300 of 812)
No single metric tells the full story. See the XKLS:7106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Supermax Corp Bhd is an investment holding company. Along with its subsidiaries, the company operates as an international manufacturer, distributor, and marketer of high-quality medical gloves and contact lenses. It offers various types of latex gloves, which are exported to numerous countries. The company is organized into the following reportable operating segments: manufacturing of gloves, which generates the majority of revenue; investment holding; trading of gloves; and others. Geographically, it derives the majority of its revenue from Europe, with the remainder coming from Africa, Asia and Oceania, and North, Central, and South America.
41GF Score
Get the complete analysis for XKLS:7106
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