Computer Forms (Malaysia) BhdXKLS:8044 Piotroski F-Score is 4 as of Jul. 03, 2026, which is 20% below its 10-year median of 5.00. The stock has 4 warning signs investors should review. Among 1,064 Business Services companies, Computer Forms (Malaysia) 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
Computer Forms (Malaysia) 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 Computer Forms (Malaysia) Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:8044'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Computer Forms (Malaysia) Bhd was 8. The lowest was 1. And the median was 5.
Computer Forms (Malaysia) Bhd (XKLS:8044) 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.
Computer Forms (Malaysia) Bhd Piotroski F-Score Related Terms
Computer Forms (Malaysia) Bhd Piotroski F-Score Historical Data
* 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.
Computer Forms (Malaysia) Bhd Piotroski F-Score Chart
XKLS:8044 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison
For the Specialty Business Services subindustry, Computer Forms (Malaysia) 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.
Computer Forms (Malaysia) Bhd Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Computer Forms (Malaysia) Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Computer Forms (Malaysia) 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.
*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.
Computer Forms (Malaysia) Bhd's current Net Income (TTM) was -0.54.
==> 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.
Computer Forms (Malaysia) Bhd's current Cash Flow from Operations (TTM) was -1.71.
==> 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.
Computer Forms (Malaysia) Bhd's return on assets of this year was -0.00413226. Computer Forms (Malaysia) Bhd's return on assets of last year was -0.03988262.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Computer Forms (Malaysia) Bhd's gearing of this year was 0.00293947. Computer Forms (Malaysia) Bhd's gearing of last year was 0.00442364.
==> 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
Computer Forms (Malaysia) Bhd's current ratio of this year was 42.40643376. Computer Forms (Malaysia) Bhd's current ratio of last year was 11.66177137.
==> 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.
Computer Forms (Malaysia) Bhd's number of shares in issue this year was 307.718. Computer Forms (Malaysia) Bhd's number of shares in issue last year was 267.581.
==> 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.
Computer Forms (Malaysia) Bhd's gross margin of this year was -0.04336774. Computer Forms (Malaysia) Bhd's gross margin of last year was -0.10197778.
==> 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
Computer Forms (Malaysia) Bhd's asset turnover of this year was 0.09897608. Computer Forms (Malaysia) Bhd's asset turnover of last year was 0.14800587.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Computer Forms (Malaysia) Bhd has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Computer Forms (Malaysia) Bhd (XKLS:8044) has a Piotroski F-Score of 4 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Computer Forms (Malaysia) Bhd and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Computer Forms (Malaysia) Bhd's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Computer Forms (Malaysia) Bhd ranks #742 out of 1064 companies in the Business Services industry, placing it in the top 69.7%.
Is Computer Forms (Malaysia) Bhd's Piotroski F-Score too high?
Computer Forms (Malaysia) Bhd's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. 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. Computer Forms (Malaysia) Bhd's value of 4 is 20% below this industry median. Based on the distribution chart, Computer Forms (Malaysia) Bhd ranks #742 out of 1064 companies in the Business Services industry, which is below the industry midpoint.
How does Computer Forms (Malaysia) Bhd's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Computer Forms (Malaysia) Bhd ranks #742 out of 1064 companies for Piotroski F-Score. This places Computer Forms (Malaysia) Bhd in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Computer Forms (Malaysia) Bhd's value of 4 is 20% below this benchmark. Historically, Computer Forms (Malaysia) 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 5.00 vs. the industry median of 5.00, Computer Forms (Malaysia) 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. Computer Forms (Malaysia) 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 Computer Forms (Malaysia) 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. Computer Forms (Malaysia) Bhd's current Piotroski F-Score is 4, which is 20% below 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 Computer Forms (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Computer Forms (Malaysia) Bhd (XKLS:8044) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.07 — trading 30% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 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 Computer Forms (Malaysia) Bhd (XKLS:8044), the current Piotroski F-Score is 4 as of Jul. 03, 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.
Computer Forms (Malaysia) Bhd Business Description
Computer Forms (Malaysia) Bhd is engaged in the printing and distributing of computer forms, stock forms, and specialized forms. The company operates through three segments namely Business forms and data print services, Commercial printing, Flexible packaging. It generates maximum revenue from the Flexible packaging segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Indonesia. It offers various products such as general computer forms, security forms, mail/pressure seal mailers, stock forms, and optical mark recognition/optical character recognition forms.
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