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Pesona Metro Holdings Bhd (XKLS:8311) Piotroski F-Score : 6 (As of Mar. 28, 2025)


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What is Pesona Metro Holdings Bhd Piotroski F-Score?

The zones of discrimination were as such:

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

Pesona Metro 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 Pesona Metro Holdings Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:8311' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Pesona Metro Holdings Bhd was 7. The lowest was 2. And the median was 6.


Pesona Metro Holdings Bhd Piotroski F-Score Historical Data

The historical data trend for Pesona Metro 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.

* Premium members only.

Pesona Metro Holdings Bhd Piotroski F-Score Chart

Pesona Metro Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 6.00 5.00 7.00 6.00

Pesona Metro Holdings Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.00 7.00 6.00 6.00

Competitive Comparison of Pesona Metro Holdings Bhd's Piotroski F-Score

For the Engineering & Construction subindustry, Pesona Metro 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.


Pesona Metro Holdings Bhd's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pesona Metro Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pesona Metro Holdings Bhd's Piotroski F-Score falls into.


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 3.198 + 5.403 + 4.819 + 6.728 = RM20.1 Mil.
Cash Flow from Operations was 13.232 + 11.265 + -10.788 + 25.118 = RM38.8 Mil.
Revenue was 73.585 + 113.986 + 155.424 + 168.888 = RM511.9 Mil.
Gross Profit was 9.725 + 12.12 + 14.649 + 17.083 = RM53.6 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(654.198 + 597.707 + 610.882 + 741.345 + 785.295) / 5 = RM677.8854 Mil.
Total Assets at the begining of this year (Dec23) was RM654.2 Mil.
Long-Term Debt & Capital Lease Obligation was RM171.3 Mil.
Total Current Assets was RM498.2 Mil.
Total Current Liabilities was RM386.2 Mil.
Net Income was 1.421 + 2.913 + 3.101 + 2.071 = RM9.5 Mil.

Revenue was 108.34 + 113.01 + 155.382 + 138.682 = RM515.4 Mil.
Gross Profit was 8.741 + 10.203 + 10.354 + 10.43 = RM39.7 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(569.607 + 575.045 + 599.956 + 662.942 + 654.198) / 5 = RM612.3496 Mil.
Total Assets at the begining of last year (Dec22) was RM569.6 Mil.
Long-Term Debt & Capital Lease Obligation was RM90.7 Mil.
Total Current Assets was RM392.2 Mil.
Total Current Liabilities was RM353.3 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.

Pesona Metro Holdings Bhd's current Net Income (TTM) was 20.1. ==> 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.

Pesona Metro Holdings Bhd's current Cash Flow from Operations (TTM) was 38.8. ==> 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 (Dec23)
=20.148/654.198
=0.03079802

ROA (Last Year)=Net Income/Total Assets (Dec22)
=9.506/569.607
=0.0166887

Pesona Metro Holdings Bhd's return on assets of this year was 0.03079802. Pesona Metro Holdings Bhd's return on assets of last year was 0.0166887. ==> 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.

Pesona Metro Holdings Bhd's current Net Income (TTM) was 20.1. Pesona Metro Holdings Bhd's current Cash Flow from Operations (TTM) was 38.8. ==> 38.8 > 20.1 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=171.282/677.8854
=0.25267103

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=90.727/612.3496
=0.1481621

Pesona Metro Holdings Bhd's gearing of this year was 0.25267103. Pesona Metro Holdings Bhd's gearing of last year was 0.1481621. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=498.209/386.245
=1.28987819

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=392.234/353.278
=1.1102701

Pesona Metro Holdings Bhd's current ratio of this year was 1.28987819. Pesona Metro Holdings Bhd's current ratio of last year was 1.1102701. ==> 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.

Pesona Metro Holdings Bhd's number of shares in issue this year was 694.987. Pesona Metro Holdings Bhd's number of shares in issue last year was 690.333. ==> 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
=53.577/511.883
=0.1046665

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=39.728/515.414
=0.07707978

Pesona Metro Holdings Bhd's gross margin of this year was 0.1046665. Pesona Metro Holdings Bhd's gross margin of last year was 0.07707978. ==> 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 (Dec23)
=511.883/654.198
=0.78245883

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=515.414/569.607
=0.90485896

Pesona Metro Holdings Bhd's asset turnover of this year was 0.78245883. Pesona Metro Holdings Bhd's asset turnover of last year was 0.90485896. ==> 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+1+1+0+1+0+1+0
=6

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

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

Pesona Metro Holdings Bhd  (XKLS:8311) 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.


Pesona Metro Holdings Bhd Piotroski F-Score Related Terms

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Pesona Metro Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Jalan SB Indah 1/19, Taman Sungai Besi Indah, Seri Kembangan, SGR, MYS, 43300
Pesona Metro Holdings Bhd is an investment holding company that is involved in activities of civil engineering, building construction, river rehabilitation and beautification, the manufacturing-cum-trading of building-related materials, and concessionaire activities. It operates through the segments of Construction works segment, which is the key revenue driver that includes construction of building, infrastructure and project planning cum implementation contractor. The Manufacturing and trading of the polyurethane segment involve the manufacturing and trading of polyurethane and building system. The Concession segment engages in the maintenance service of the Student Hostel. The Investment holding segment engages in investment holding. Its activities are carried out within Malaysia.

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