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Sycal Ventures BhdXKLS:9717 32 Piotroski F-Score is 6 as of Aug. 03, 2026, which is at its 10-year median of 6.00. GuruFocus rates XKLS:9717 with a GF Score™ of 32/100 and a GF Value™ of RM0.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,728 Construction companies, Sycal Ventures Bhd ranks better than 74.19% 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
Sycal Ventures 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 Sycal Ventures Bhd's Piotroski F-Score or its related term are showing as below:
XKLS:9717'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 6
During the past 13 years, the highest Piotroski F-Score of Sycal Ventures Bhd was 9. The lowest was 4. And the median was 6.
Sycal Ventures Bhd (XKLS:9717) 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.
Sycal Ventures Bhd Piotroski F-Score Related Terms
Sycal Ventures Bhd Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sycal Ventures 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.
XKLS:9717 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Sycal Ventures 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.
Sycal Ventures Bhd Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Sycal Ventures Bhd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sycal Ventures 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.
Sycal Ventures Bhd's current Net Income (TTM) was 0.11.
==> 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.
Sycal Ventures Bhd's return on assets of this year was 0.0002335. Sycal Ventures Bhd's return on assets of last year was 0.00099781.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sycal Ventures Bhd's gearing of this year was 0.03626961. Sycal Ventures Bhd's gearing of last year was 0.05262802.
==> 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
Sycal Ventures Bhd's current ratio of this year was 2.44648998. Sycal Ventures Bhd's current ratio of last year was 2.47319047.
==> 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.
Sycal Ventures Bhd's number of shares in issue this year was 416.324. Sycal Ventures Bhd's number of shares in issue last year was 416.324.
==> 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.
Sycal Ventures Bhd's gross margin of this year was 0.36403787. Sycal Ventures Bhd's gross margin of last year was 0.49193522.
==> 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
Sycal Ventures Bhd's asset turnover of this year was 0.11727209. Sycal Ventures Bhd's asset turnover of last year was 0.06822864.
==> 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
Sycal Ventures Bhd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Sycal Ventures Bhd (XKLS:9717) has a Piotroski F-Score of 6 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sycal Ventures Bhd and its competitors. This is near median its historical median of 6.00. Over the past decade, Sycal Ventures Bhd's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Sycal Ventures Bhd ranks #446 out of 1728 companies in the Construction industry, placing it in the top 25.8%.
Is Sycal Ventures Bhd's Piotroski F-Score too high?
Sycal Ventures Bhd's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Sycal Ventures Bhd's value of 6 is 20% above this industry median. Based on the distribution chart, Sycal Ventures Bhd ranks #446 out of 1728 companies in the Construction industry, which is above the industry midpoint. Overall, Sycal Ventures Bhd has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sycal Ventures Bhd's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Sycal Ventures Bhd ranks #446 out of 1728 companies for Piotroski F-Score. This puts Sycal Ventures Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sycal Ventures Bhd's value of 6 is 20% above this benchmark. Historically, Sycal Ventures Bhd's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sycal Ventures 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,728 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. Sycal Ventures 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 Sycal Ventures Bhd and its competitors. For the Construction 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. Sycal Ventures Bhd's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sycal Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sycal Ventures Bhd (XKLS:9717) is currently considered Fairly Valued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.17 — trading 6.3% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Sycal Ventures Bhd's overall GF Score™ is 32/100 with 6 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 Sycal Ventures Bhd (XKLS:9717), the current Piotroski F-Score is 6 as of Aug. 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.
Is Sycal Ventures Bhd (XKLS:9717) Overvalued in 2026?
Based on GuruFocus' analysis, Sycal Ventures Bhd stock appears to be overvalued.
The current stock price of RM0.17 is trading 6.3% above its estimated GF Value™ of RM0.16.
GuruFocus considers Sycal Ventures Bhd to be Fairly Valued.
Key valuation signals for XKLS:9717:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: RM0.16 vs. price of RM0.17 (6.3% above fair value)
Industry Position: 20% above the Construction median (#446 of 1728)
No single metric tells the full story. See the XKLS:9717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sycal Ventures Bhd is an investment holding company. Through its subsidiaries, the company operates as a contactor for building and civil engineering, property development and operator of convention hall facilities and turnkey contractor and operator of theme park, property investment, contractor for management and operator of plant and machinery, manufacturing and trading in ready mix concrete. The company has three reporting segments: i) Construction: Civil and building construction works, ii) Property development and management: Property development, property management and consultancy, and iii) Manufacturing and trading: Manufacturing and trading in ready-mix concrete and trading in building materials. The majority of revenue is generated from the Manufacturing and trading segment.
32GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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