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Mr D.I.Y. Group (M) Bhd (XKLS:5296) Piotroski F-Score : 7 (As of Apr. 28, 2024)


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What is Mr D.I.Y. Group (M) 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

Mr D.I.Y. Group (M) 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 Mr D.I.Y. Group (M) Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:5296' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 7

During the past 6 years, the highest Piotroski F-Score of Mr D.I.Y. Group (M) Bhd was 8. The lowest was 5. And the median was 7.


Mr D.I.Y. Group (M) Bhd Piotroski F-Score Historical Data

The historical data trend for Mr D.I.Y. Group (M) 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.

Mr D.I.Y. Group (M) Bhd Piotroski F-Score Chart

Mr D.I.Y. Group (M) Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A N/A 7.00 5.00

Mr D.I.Y. Group (M) Bhd Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 N/A 5.00 8.00 7.00 7.00

Competitive Comparison of Mr D.I.Y. Group (M) Bhd's Piotroski F-Score

For the Home Improvement Retail subindustry, Mr D.I.Y. Group (M) 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.


Mr D.I.Y. Group (M) Bhd's Piotroski F-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mr D.I.Y. Group (M) Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Mr D.I.Y. Group (M) 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 (Sep23) TTM:Last Year (Sep22) TTM:
Net Income was 136.077 + 127.77 + 150.324 + 123.947 = RM538 Mil.
Cash Flow from Operations was 91.711 + 234.055 + 301.061 + 197.425 = RM824 Mil.
Revenue was 1065.78 + 1046.401 + 1099.638 + 1066.532 = RM4,278 Mil.
Gross Profit was 466.24 + 463.278 + 509.021 + 479.507 = RM1,918 Mil.
Average Total Assets from the begining of this year (Sep22)
to the end of this year (Sep23) was
(3079.787 + 3323.598 + 3350.575 + 3400.893 + 3471.568) / 5 = RM3325.2842 Mil.
Total Assets at the begining of this year (Sep22) was RM3,080 Mil.
Long-Term Debt & Capital Lease Obligation was RM1,157 Mil.
Total Current Assets was RM1,387 Mil.
Total Current Liabilities was RM628 Mil.
Net Income was 134.552 + 100.501 + 135.187 + 101.184 = RM471 Mil.

Revenue was 975.388 + 905.163 + 1048.734 + 966.165 = RM3,895 Mil.
Gross Profit was 393.638 + 354.754 + 429.474 + 396.741 = RM1,575 Mil.
Average Total Assets from the begining of last year (Sep21)
to the end of last year (Sep22) was
(2568.599 + 2700.599 + 2810.476 + 2908.217 + 3079.787) / 5 = RM2813.5356 Mil.
Total Assets at the begining of last year (Sep21) was RM2,569 Mil.
Long-Term Debt & Capital Lease Obligation was RM1,111 Mil.
Total Current Assets was RM1,215 Mil.
Total Current Liabilities was RM594 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.

Mr D.I.Y. Group (M) Bhd's current Net Income (TTM) was 538. ==> 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.

Mr D.I.Y. Group (M) Bhd's current Cash Flow from Operations (TTM) was 824. ==> 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 (Sep22)
=538.118/3079.787
=0.17472572

ROA (Last Year)=Net Income/Total Assets (Sep21)
=471.424/2568.599
=0.18353351

Mr D.I.Y. Group (M) Bhd's return on assets of this year was 0.17472572. Mr D.I.Y. Group (M) Bhd's return on assets of last year was 0.18353351. ==> Last year is higher ==> Score 0.

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.

Mr D.I.Y. Group (M) Bhd's current Net Income (TTM) was 538. Mr D.I.Y. Group (M) Bhd's current Cash Flow from Operations (TTM) was 824. ==> 824 > 538 ==> 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: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=1156.704/3325.2842
=0.34785117

Gearing (Last Year: Sep22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep21 to Sep22
=1111.181/2813.5356
=0.39494116

Mr D.I.Y. Group (M) Bhd's gearing of this year was 0.34785117. Mr D.I.Y. Group (M) Bhd's gearing of last year was 0.39494116. ==> 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: Sep23)=Total Current Assets/Total Current Liabilities
=1386.686/628.455
=2.20650007

Current Ratio (Last Year: Sep22)=Total Current Assets/Total Current Liabilities
=1215.483/593.754
=2.04711547

Mr D.I.Y. Group (M) Bhd's current ratio of this year was 2.20650007. Mr D.I.Y. Group (M) Bhd's current ratio of last year was 2.04711547. ==> 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.

Mr D.I.Y. Group (M) Bhd's number of shares in issue this year was 9453.762. Mr D.I.Y. Group (M) Bhd's number of shares in issue last year was 9454.914. ==> 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
=1918.046/4278.351
=0.44831432

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1574.607/3895.45
=0.40421697

Mr D.I.Y. Group (M) Bhd's gross margin of this year was 0.44831432. Mr D.I.Y. Group (M) Bhd's gross margin of last year was 0.40421697. ==> 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 (Sep22)
=4278.351/3079.787
=1.38917107

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep21)
=3895.45/2568.599
=1.51656603

Mr D.I.Y. Group (M) Bhd's asset turnover of this year was 1.38917107. Mr D.I.Y. Group (M) Bhd's asset turnover of last year was 1.51656603. ==> 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+0+1+1+1+1+1+0
=7

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

Mr D.I.Y. Group (M) Bhd has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Mr D.I.Y. Group (M) Bhd  (XKLS:5296) 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.


Mr D.I.Y. Group (M) Bhd Piotroski F-Score Related Terms

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Mr D.I.Y. Group (M) Bhd (XKLS:5296) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1907, Jalan KPB 11, Kawasan Perindustrian Balakong, Seri Kembangan, SGR, MYS, 43300
Mr D.I.Y. Group (M) Bhd is engaged in the retail of home improvement products and mass merchandise in Malaysia and Brunei. Its products are categorized into Hardware, Household, Electrical, Car Accessories, Furnishing, Stationery & Sports, Toys, Gifts, Computer & Mobile Accessories, and Jewellery & Cosmetics. The company operates in two geographical segments: Malaysia and Brunei. Majority of the firm's revenue is derived from Malaysia.

Mr D.I.Y. Group (M) Bhd (XKLS:5296) Headlines

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