DPS Resources Bhd (XKLS:7198) Piotroski F-Score: 5 (As of Jun. 27, 2026) — Near Median


XKLS:7198 DPS Resources Bhd XKLS:7198
34 GF Score
Price RM0.54
GF Value RM0.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is DPS Resources Bhd Piotroski F-Score?

DPS Resources Bhd XKLS:7198 +1.90% 34 Piotroski F-Score is 5 as of Jun. 27, 2026, which is at its 10-year median of 5.00. GuruFocus rates XKLS:7198 with a GF Score™ of 34/100 and a GF Value™ of RM0.43 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 555 Conglomerates companies, DPS Resources Bhd ranks better than 50.99% 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

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

XKLS:7198' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of DPS Resources Bhd was 7. The lowest was 2. And the median was 5.

DPS Resources Bhd  (XKLS:7198) 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.


DPS Resources Bhd Piotroski F-Score Related Terms


DPS Resources Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for DPS Resources 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.

DPS Resources Bhd Piotroski F-Score Chart

DPS Resources Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 6.00 2.00 5.00

DPS Resources 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 1.00 2.00 5.00

XKLS:7198 vs HON, MMM: Piotroski F-Score Comparison

For the Conglomerates subindustry, DPS Resources 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.


DPS Resources Bhd Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, DPS Resources Bhd's Piotroski F-Score distribution charts can be found below:

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


XKLS:7198
34GF Score
DPS Resources Bhd XKLS:7198
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 1.555 + 1.122 + 1.065 + -1.651 = RM2.09 Mil.
Cash Flow from Operations was -5.792 + -8.323 + 2.809 + -3.466 = RM-14.77 Mil.
Revenue was 12.785 + 21.394 + 13.174 + 13.036 = RM60.39 Mil.
Gross Profit was 3.717 + 2.926 + 3.064 + 2.23 = RM11.94 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(332.401 + 339.579 + 340.597 + 344.238 + 330.121) / 5 = RM337.3872 Mil.
Total Assets at the begining of this year (Mar25) was RM332.40 Mil.
Long-Term Debt & Capital Lease Obligation was RM49.95 Mil.
Total Current Assets was RM102.77 Mil.
Total Current Liabilities was RM17.77 Mil.
Net Income was 1.864 + 2.545 + 2.241 + -6.31 = RM0.34 Mil.

Revenue was 14.662 + 16.904 + 16.08 + 15.192 = RM62.84 Mil.
Gross Profit was 3.065 + 4.767 + 4.437 + 0.065 = RM12.33 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(270.902 + 269.33 + 375.238 + 329.356 + 332.401) / 5 = RM315.4454 Mil.
Total Assets at the begining of last year (Mar24) was RM270.90 Mil.
Long-Term Debt & Capital Lease Obligation was RM47.84 Mil.
Total Current Assets was RM71.51 Mil.
Total Current Liabilities was RM23.94 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.

DPS Resources Bhd's current Net Income (TTM) was 2.09. ==> 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.

DPS Resources Bhd's current Cash Flow from Operations (TTM) was -14.77. ==> 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)
=2.091/332.401
=0.00629059

ROA (Last Year)=Net Income/Total Assets (Mar24)
=0.34/270.902
=0.00125507

DPS Resources Bhd's return on assets of this year was 0.00629059. DPS Resources Bhd's return on assets of last year was 0.00125507. ==> 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.

DPS Resources Bhd's current Net Income (TTM) was 2.09. DPS Resources Bhd's current Cash Flow from Operations (TTM) was -14.77. ==> -14.77 <= 2.09 ==> CFROA <= ROA ==> Score 0.

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
=49.951/337.3872
=0.14805245

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=47.841/315.4454
=0.15166175

DPS Resources Bhd's gearing of this year was 0.14805245. DPS Resources Bhd's gearing of last year was 0.15166175. ==> 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
=102.772/17.769
=5.78378074

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=71.509/23.942
=2.98675967

DPS Resources Bhd's current ratio of this year was 5.78378074. DPS Resources Bhd's current ratio of last year was 2.98675967. ==> 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.

DPS Resources Bhd's number of shares in issue this year was 293.305. DPS Resources Bhd's number of shares in issue last year was 293.209. ==> 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
=11.937/60.389
=0.19766845

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12.334/62.838
=0.1962825

DPS Resources Bhd's gross margin of this year was 0.19766845. DPS Resources Bhd's gross margin of last year was 0.1962825. ==> 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)
=60.389/332.401
=0.18167515

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=62.838/270.902
=0.23195842

DPS Resources Bhd's asset turnover of this year was 0.18167515. DPS Resources Bhd's asset turnover of last year was 0.23195842. ==> 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+0+1+0+1+1+0+1+0
=5

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

DPS Resources Bhd has an F-score of 5 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 5 mean?
DPS Resources Bhd (XKLS:7198) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DPS Resources Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, DPS Resources Bhd's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, DPS Resources Bhd ranks #272 out of 555 companies in the Conglomerates industry, placing it in the top 49%.
Is DPS Resources Bhd's Piotroski F-Score too high?
DPS Resources 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 7.00. The Conglomerates industry median Piotroski F-Score is 5.00. DPS Resources Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, DPS Resources Bhd ranks #272 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, DPS Resources Bhd has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DPS Resources Bhd's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, DPS Resources Bhd ranks #272 out of 555 companies for Piotroski F-Score. This puts DPS Resources Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. DPS Resources Bhd's value of 5 is 0% at this benchmark. Historically, DPS Resources Bhd's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, DPS Resources 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. DPS Resources 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 DPS Resources Bhd and its competitors. For the Conglomerates 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. DPS Resources 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 DPS Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, DPS Resources Bhd (XKLS:7198) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.43, compared to a current price of RM0.54 — trading 24.4% above 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 Conglomerates industry median of 5.00. DPS Resources Bhd's overall GF Score™ is 34/100 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 DPS Resources Bhd (XKLS:7198), the current Piotroski F-Score is 5 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 DPS Resources Bhd (XKLS:7198) Overvalued in 2026?

Based on GuruFocus' analysis, DPS Resources Bhd stock appears to be overvalued. The current stock price of RM0.54 is trading 24.4% above its estimated GF Value™ of RM0.43. GuruFocus considers DPS Resources Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:7198:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: RM0.43 vs. price of RM0.54 (24.4% above fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 0% at the Conglomerates median (#272 of 555)

No single metric tells the full story. See the XKLS:7198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DPS Resources Bhd Business Description

Address Lot 76, Kawasan Perindustrian Bukit Rambai, Bukit Rambai, Melaka, MLA, MYS, 75250
DPS Resources Bhd is an investment holding company. The company's operating segment includes Investment holding; Manufacturing and Trading; Property development services; Construction services, Rental income, and Real estate. It generates maximum revenue from the manufacturing and trading segment. The manufacturing and trading segment is engaged in the manufacturing and trading of furniture and roof trusses, and the provision of kiln-drying services. Its Property development services carry on the business of real property and housing development-related services. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Asia Pacific, the United States, Europe, the Middle East, and Africa.
34GF Score

Get the complete analysis for XKLS:7198

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

RM0.54
Price
RM0.43
GF Value