Perak Bhd (XKLS:8346) Piotroski F-Score: 6 (As of Jul. 06, 2026) — 20% Above Median


XKLS:8346 Perak Corp Bhd XKLS:8346
40 GF Score
Price RM0.49
GF Value RM0.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Perak Bhd Piotroski F-Score?

Perak Bhd XKLS:8346 40 Piotroski F-Score is 6 as of Jul. 06, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XKLS:8346 with a GF Score™ of 40/100 and a GF Value™ of RM0.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 978 Transportation companies, Perak Bhd ranks better than 72.49% 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

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

XKLS:8346' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Perak Bhd was 8. The lowest was 2. And the median was 5.

Perak Bhd  (XKLS:8346) 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.


Perak Bhd Piotroski F-Score Related Terms


Perak Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Perak 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.

Perak Bhd Piotroski F-Score Chart

Perak Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 8.00 4.00 5.00

Perak 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 4.00 5.00 7.00 5.00 6.00

Perak Bhd Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Perak 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.


Perak Bhd Piotroski F-Score vs Transportation Industry

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

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


XKLS:8346
40GF Score
Perak Corp Bhd XKLS:8346
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 0.267 + 0.412 + 0.22 + 6.857 = RM7.8 Mil.
Cash Flow from Operations was 10.709 + 22.767 + 0 + -5.995 = RM27.5 Mil.
Revenue was 43.403 + 43.867 + 41.11 + 61.08 = RM189.5 Mil.
Gross Profit was 24.357 + 24.88 + 21.068 + 30.111 = RM100.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(614.222 + 643.009 + 674.47 + 692.97 + 706.128) / 5 = RM666.1598 Mil.
Total Assets at the begining of this year (Mar25) was RM614.2 Mil.
Long-Term Debt & Capital Lease Obligation was RM160.0 Mil.
Total Current Assets was RM195.7 Mil.
Total Current Liabilities was RM239.6 Mil.
Net Income was 0.131 + 0.091 + 2.432 + 0.132 = RM2.8 Mil.

Revenue was 39.254 + 36.731 + 39.87 + 37.257 = RM153.1 Mil.
Gross Profit was 22.101 + 19.841 + 21.429 + 20.707 = RM84.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(537.573 + 548.239 + 554.016 + 590.859 + 614.222) / 5 = RM568.9818 Mil.
Total Assets at the begining of last year (Mar24) was RM537.6 Mil.
Long-Term Debt & Capital Lease Obligation was RM108.3 Mil.
Total Current Assets was RM182.4 Mil.
Total Current Liabilities was RM218.6 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.

Perak Bhd's current Net Income (TTM) was 7.8. ==> 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.

Perak Bhd's current Cash Flow from Operations (TTM) was 27.5. ==> 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 (Mar25)
=7.756/614.222
=0.01262736

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2.786/537.573
=0.00518255

Perak Bhd's return on assets of this year was 0.01262736. Perak Bhd's return on assets of last year was 0.00518255. ==> 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.

Perak Bhd's current Net Income (TTM) was 7.8. Perak Bhd's current Cash Flow from Operations (TTM) was 27.5. ==> 27.5 > 7.8 ==> 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
=160.019/666.1598
=0.24021113

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=108.304/568.9818
=0.19034704

Perak Bhd's gearing of this year was 0.24021113. Perak Bhd's gearing of last year was 0.19034704. ==> 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
=195.739/239.649
=0.8167737

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=182.353/218.564
=0.83432313

Perak Bhd's current ratio of this year was 0.8167737. Perak Bhd's current ratio of last year was 0.83432313. ==> 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.

Perak Bhd's number of shares in issue this year was 100. Perak Bhd's number of shares in issue last year was 100. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=100.416/189.46
=0.53001161

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=84.078/153.112
=0.54912744

Perak Bhd's gross margin of this year was 0.53001161. Perak Bhd's gross margin of last year was 0.54912744. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=189.46/614.222
=0.30845525

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=153.112/537.573
=0.28482085

Perak Bhd's asset turnover of this year was 0.30845525. Perak Bhd's asset turnover of last year was 0.28482085. ==> This year's asset turnover is higher. ==> Score 1.

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+0+1+0+1
=6

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

Perak Bhd has an F-score of 6 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 6 mean?
Perak Bhd (XKLS:8346) has a Piotroski F-Score of 6 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perak Bhd and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Perak Bhd's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Perak Bhd ranks #269 out of 978 companies in the Transportation industry, placing it in the top 27.5%.
Is Perak Bhd's Piotroski F-Score too high?
Perak Bhd's current Piotroski F-Score of 6 is 20% above 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 Transportation industry median Piotroski F-Score is 6.00. Perak Bhd's value of 6 is 0% at this industry median. Based on the distribution chart, Perak Bhd ranks #269 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Perak Bhd has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Perak Bhd's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Perak Bhd ranks #269 out of 978 companies for Piotroski F-Score. This puts Perak Bhd in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Perak Bhd's value of 6 is 0% at this benchmark. Historically, Perak 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 6.00, Perak 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Perak Bhd's current Piotroski F-Score of 6 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 Perak Bhd and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perak Bhd's current Piotroski F-Score is 6, which is 20% above 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 Perak Bhd stock overvalued right now?
Based on GuruFocus' analysis, Perak Bhd (XKLS:8346) is currently considered Fairly Valued. The stock's GF Value™ is RM0.47, compared to a current price of RM0.49 — trading 3.2% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Transportation industry median of 6.00. Perak Bhd's overall GF Score™ is 40/100 with 4 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 Perak Bhd (XKLS:8346), the current Piotroski F-Score is 6 as of Jul. 06, 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 Perak Bhd (XKLS:8346) Overvalued in 2026?

Based on GuruFocus' analysis, Perak Bhd stock appears to be overvalued. The current stock price of RM0.49 is trading 3.2% above its estimated GF Value™ of RM0.47. GuruFocus considers Perak Bhd to be Fairly Valued.

Key valuation signals for XKLS:8346:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: RM0.47 vs. price of RM0.49 (3.2% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 0% at the Transportation median (#269 of 978)

No single metric tells the full story. See the XKLS:8346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perak Bhd Business Description

Address No. 1-A, Blok B, Menara PKNP, Jalan Meru Casuarina, Bandar Meru Raya, Ipoh, PRK, MYS, 30020
Perak Corp Bhd a diversified company operating in the business of ports and logistics, property development, hospitality and tourism, and management services. Its segments include Ports and logistics; Property development; Hospitality and tourism; and Management services. It derives majority of the revenue from the Ports and logistics segment that provides an integrated port service, inclusive of tuggage, pilotage, berthing, stevedorage, cargo handling, storage and ancillary services; and also operates and manages Lekir Bulk Terminal, a dedicated terminal to handle coal for Janakuasa Sultan Azlan Shah in Sri Manjung, Perak.
40GF Score

Get the complete analysis for XKLS:8346

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

RM0.49
Price
RM0.47
GF Value