GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cepatwawasan Group Bhd (XKLS:8982) » Definitions » Piotroski F-Score

Cepatwawasan Group Bhd (XKLS:8982) Piotroski F-Score : 7 (As of Apr. 03, 2025)


View and export this data going back to 1993. Start your Free Trial

What is Cepatwawasan Group Bhd Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Cepatwawasan Group Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Cepatwawasan Group Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:8982' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Cepatwawasan Group Bhd was 9. The lowest was 4. And the median was 7.


Cepatwawasan Group Bhd Piotroski F-Score Historical Data

The historical data trend for Cepatwawasan Group 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.

Cepatwawasan Group Bhd Piotroski F-Score Chart

Cepatwawasan Group 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 9.00 9.00 6.00 6.00 7.00

Cepatwawasan Group 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 6.00 7.00 9.00 8.00 7.00

Competitive Comparison of Cepatwawasan Group Bhd's Piotroski F-Score

For the Farm Products subindustry, Cepatwawasan Group 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.


Cepatwawasan Group Bhd's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cepatwawasan Group Bhd's Piotroski F-Score distribution charts can be found below:

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


;
;

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 1.913 + 5.606 + 3.239 + 10.85 = RM21.6 Mil.
Cash Flow from Operations was -0.03 + 17.746 + 14.181 + 23.017 = RM54.9 Mil.
Revenue was 64.467 + 77.019 + 75.277 + 87.905 = RM304.7 Mil.
Gross Profit was 4.754 + 9.836 + 8.09 + 19.534 = RM42.2 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(499.673 + 499.482 + 486.553 + 489.772 + 528.045) / 5 = RM500.705 Mil.
Total Assets at the begining of this year (Dec23) was RM499.7 Mil.
Long-Term Debt & Capital Lease Obligation was RM16.8 Mil.
Total Current Assets was RM153.9 Mil.
Total Current Liabilities was RM68.6 Mil.
Net Income was 2.79 + 4.09 + 5.663 + 7.851 = RM20.4 Mil.

Revenue was 69.535 + 72.642 + 77.349 + 85.151 = RM304.7 Mil.
Gross Profit was 6.721 + 8.029 + 10.363 + 13.642 = RM38.8 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(497.935 + 508.445 + 491.186 + 487.895 + 499.673) / 5 = RM497.0268 Mil.
Total Assets at the begining of last year (Dec22) was RM497.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM26.8 Mil.
Total Current Assets was RM127.7 Mil.
Total Current Liabilities was RM37.1 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.

Cepatwawasan Group Bhd's current Net Income (TTM) was 21.6. ==> 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.

Cepatwawasan Group Bhd's current Cash Flow from Operations (TTM) was 54.9. ==> 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)
=21.608/499.673
=0.04324428

ROA (Last Year)=Net Income/Total Assets (Dec22)
=20.394/497.935
=0.04095715

Cepatwawasan Group Bhd's return on assets of this year was 0.04324428. Cepatwawasan Group Bhd's return on assets of last year was 0.04095715. ==> 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.

Cepatwawasan Group Bhd's current Net Income (TTM) was 21.6. Cepatwawasan Group Bhd's current Cash Flow from Operations (TTM) was 54.9. ==> 54.9 > 21.6 ==> 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
=16.788/500.705
=0.03352872

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=26.837/497.0268
=0.05399508

Cepatwawasan Group Bhd's gearing of this year was 0.03352872. Cepatwawasan Group Bhd's gearing of last year was 0.05399508. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=153.881/68.643
=2.24175808

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=127.692/37.105
=3.44136909

Cepatwawasan Group Bhd's current ratio of this year was 2.24175808. Cepatwawasan Group Bhd's current ratio of last year was 3.44136909. ==> 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.

Cepatwawasan Group Bhd's number of shares in issue this year was 308.967. Cepatwawasan Group Bhd's number of shares in issue last year was 308.967. ==> 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
=42.214/304.668
=0.13855738

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38.755/304.677
=0.12720028

Cepatwawasan Group Bhd's gross margin of this year was 0.13855738. Cepatwawasan Group Bhd's gross margin of last year was 0.12720028. ==> 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)
=304.668/499.673
=0.60973477

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=304.677/497.935
=0.61188107

Cepatwawasan Group Bhd's asset turnover of this year was 0.60973477. Cepatwawasan Group Bhd's asset turnover of last year was 0.61188107. ==> 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+1+0+1+1+0
=7

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

Cepatwawasan Group Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Cepatwawasan Group Bhd  (XKLS:8982) 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.


Cepatwawasan Group Bhd Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Cepatwawasan Group Bhd's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Cepatwawasan Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Mile 4, North Road, Lot 70, Block 6, Prima Square, Sandakan, SBH, MYS, 90000
Cepatwawasan Group Bhd is an investment holding company. It is engaged in oil palm cultivation, milling, quarrying, sales of oil palm products, and power generation. It operates in various segments which are Plantation, Mill, Power plant, and other segments. The Plantation segment is engaged in the cultivation of oil palm. The Mill segment is engaged in the milling and sale of oil palm products. The Power plant segment is engaged in power generation and sale of biomass by-products. All other segment is engaged in the extraction and sale of earth stones and others. The Mill segment generates maximum revenue for the company.

Cepatwawasan Group Bhd Headlines

No Headlines