Concrete Engineering Products BhdXKLS:8435 -1.04%29 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates XKLS:8435 with a GF Score™ of 29/100 and a GF Value™ of RM0.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, Concrete Engineering Products Bhd ranks better than 68.53% 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
Concrete Engineering Products 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 Concrete Engineering Products Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:8435'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Concrete Engineering Products Bhd was 8. The lowest was 1. And the median was 5.
Concrete Engineering Products Bhd (XKLS:8435) 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.
Concrete Engineering Products Bhd Piotroski F-Score Related Terms
Concrete Engineering Products 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.
Concrete Engineering Products Bhd Piotroski F-Score Chart
XKLS:8435 vs CRH, VMC, MLM: Piotroski F-Score Comparison
For the Building Materials subindustry, Concrete Engineering Products 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.
Concrete Engineering Products Bhd Piotroski F-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Concrete Engineering Products 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.
Concrete Engineering Products Bhd's current Net Income (TTM) was 27.73.
==> 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.
Concrete Engineering Products Bhd's current Cash Flow from Operations (TTM) was -1.54.
==> 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.
Concrete Engineering Products Bhd's return on assets of this year was 0.24390673. Concrete Engineering Products Bhd's return on assets of last year was -0.08829791.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Concrete Engineering Products Bhd's gearing of this year was 0.00232476. Concrete Engineering Products Bhd's gearing of last year was 0.00138094.
==> 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
Concrete Engineering Products Bhd's current ratio of this year was 1.01321312. Concrete Engineering Products Bhd's current ratio of last year was 0.60223759.
==> 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.
Concrete Engineering Products Bhd's number of shares in issue this year was 74.625. Concrete Engineering Products Bhd's number of shares in issue last year was 74.625.
==> 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.
Concrete Engineering Products Bhd's gross margin of this year was 0.39487864. Concrete Engineering Products Bhd's gross margin of last year was 0.16170107.
==> 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
Concrete Engineering Products Bhd's asset turnover of this year was 0.53378895. Concrete Engineering Products Bhd's asset turnover of last year was 0.43655789.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Concrete Engineering Products Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Concrete Engineering Products Bhd (XKLS:8435) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Concrete Engineering Products Bhd and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Concrete Engineering Products Bhd's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Concrete Engineering Products Bhd ranks #124 out of 394 companies in the Building Materials industry, placing it in the top 31.5%.
Is Concrete Engineering Products Bhd's Piotroski F-Score too high?
Concrete Engineering Products 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 1.00 to a high of 8.00. The Building Materials industry median Piotroski F-Score is 5.00. Concrete Engineering Products Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Concrete Engineering Products Bhd ranks #124 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, Concrete Engineering Products Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrete Engineering Products Bhd's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Concrete Engineering Products Bhd ranks #124 out of 394 companies for Piotroski F-Score. This puts Concrete Engineering Products Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Concrete Engineering Products Bhd's value of 6 is 20% above this benchmark. Historically, Concrete Engineering Products 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, Concrete Engineering Products Bhd has consistently been above 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 394 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. Concrete Engineering Products Bhd's current Piotroski F-Score of 6 is 20% above 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 Concrete Engineering Products Bhd and its competitors. For the Building Materials 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. Concrete Engineering Products 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 Concrete Engineering Products Bhd stock overvalued right now?
Based on GuruFocus' analysis, Concrete Engineering Products Bhd (XKLS:8435) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.59, compared to a current price of RM3.80 — trading 544.1% 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 20% above the Building Materials industry median of 5.00. Concrete Engineering Products Bhd's overall GF Score™ is 29/100 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 Concrete Engineering Products Bhd (XKLS:8435), the current Piotroski F-Score is 6 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 Concrete Engineering Products Bhd (XKLS:8435) Overvalued in 2026?
Based on GuruFocus' analysis, Concrete Engineering Products Bhd stock appears to be overvalued.
The current stock price of RM3.80 is trading 544.1% above its estimated GF Value™ of RM0.59.
GuruFocus considers Concrete Engineering Products Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8435:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: RM0.59 vs. price of RM3.80 (544.1% above fair value)
Industry Position: 20% above the Building Materials median (#124 of 394)
No single metric tells the full story. See the XKLS:8435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concrete Engineering Products Bhd Business Description
Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation purposes in buildings, pile embankments, bridges, ports, and marine structures. The poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives the majority of its revenue from Malaysia and also operates in Southeast Asia.
29GF Score
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