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Teck Guan Perdana Bhd (XKLS:7439) Piotroski F-Score : 5 (As of May. 24, 2024)


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What is Teck Guan Perdana Bhd Piotroski F-Score?

The zones of discrimination were as such:

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

Teck Guan Perdana Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

XKLS:7439' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Teck Guan Perdana Bhd was 9. The lowest was 3. And the median was 6.


Teck Guan Perdana Bhd Piotroski F-Score Historical Data

The historical data trend for Teck Guan Perdana 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.

Teck Guan Perdana Bhd Piotroski F-Score Chart

Teck Guan Perdana Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 5.00 7.00 6.00 7.00

Teck Guan Perdana Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 9.00 7.00 8.00 7.00 5.00

Competitive Comparison of Teck Guan Perdana Bhd's Piotroski F-Score

For the Packaged Foods subindustry, Teck Guan Perdana 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.


Teck Guan Perdana Bhd's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Teck Guan Perdana 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 (Oct23) TTM:Last Year (Oct22) TTM:
Net Income was -5.021 + 2.099 + 2.602 + 3.641 = RM3.3 Mil.
Cash Flow from Operations was 18.841 + -43.129 + 37.029 + -28.715 = RM-16.0 Mil.
Revenue was 72.422 + 68.729 + 52.958 + 91.253 = RM285.4 Mil.
Gross Profit was 21.147 + 4.247 + 5.137 + 5.435 = RM36.0 Mil.
Average Total Assets from the begining of this year (Oct22)
to the end of this year (Oct23) was
(222.299 + 173.581 + 176.802 + 163.112 + 169.29) / 5 = RM181.0168 Mil.
Total Assets at the begining of this year (Oct22) was RM222.3 Mil.
Long-Term Debt & Capital Lease Obligation was RM14.5 Mil.
Total Current Assets was RM98.1 Mil.
Total Current Liabilities was RM38.1 Mil.
Net Income was 15.177 + -2.614 + 14.848 + 22.541 = RM50.0 Mil.

Revenue was 325.242 + 32.832 + 248.171 + 136.24 = RM742.5 Mil.
Gross Profit was 36.879 + 2.821 + 17.024 + 30.489 = RM87.2 Mil.
Average Total Assets from the begining of last year (Oct21)
to the end of last year (Oct22) was
(198.417 + 219.014 + 238.068 + 246.319 + 222.299) / 5 = RM224.8234 Mil.
Total Assets at the begining of last year (Oct21) was RM198.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM19.4 Mil.
Total Current Assets was RM147.9 Mil.
Total Current Liabilities was RM85.6 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.

Teck Guan Perdana Bhd's current Net Income (TTM) was 3.3. ==> 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.

Teck Guan Perdana Bhd's current Cash Flow from Operations (TTM) was -16.0. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Oct22)
=3.321/222.299
=0.01493934

ROA (Last Year)=Net Income/Total Assets (Oct21)
=49.952/198.417
=0.25175262

Teck Guan Perdana Bhd's return on assets of this year was 0.01493934. Teck Guan Perdana Bhd's return on assets of last year was 0.25175262. ==> 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.

Teck Guan Perdana Bhd's current Net Income (TTM) was 3.3. Teck Guan Perdana Bhd's current Cash Flow from Operations (TTM) was -16.0. ==> -16.0 <= 3.3 ==> CFROA <= ROA ==> Score 0.

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: Oct23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct22 to Oct23
=14.514/181.0168
=0.0801804

Gearing (Last Year: Oct22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct21 to Oct22
=19.407/224.8234
=0.08632109

Teck Guan Perdana Bhd's gearing of this year was 0.0801804. Teck Guan Perdana Bhd's gearing of last year was 0.08632109. ==> 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: Oct23)=Total Current Assets/Total Current Liabilities
=98.143/38.055
=2.5789778

Current Ratio (Last Year: Oct22)=Total Current Assets/Total Current Liabilities
=147.859/85.649
=1.72633656

Teck Guan Perdana Bhd's current ratio of this year was 2.5789778. Teck Guan Perdana Bhd's current ratio of last year was 1.72633656. ==> 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.

Teck Guan Perdana Bhd's number of shares in issue this year was 40.097. Teck Guan Perdana Bhd's number of shares in issue last year was 40.097. ==> 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
=35.966/285.362
=0.1260364

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=87.213/742.485
=0.11746096

Teck Guan Perdana Bhd's gross margin of this year was 0.1260364. Teck Guan Perdana Bhd's gross margin of last year was 0.11746096. ==> 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 (Oct22)
=285.362/222.299
=1.28368549

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct21)
=742.485/198.417
=3.74204327

Teck Guan Perdana Bhd's asset turnover of this year was 1.28368549. Teck Guan Perdana Bhd's asset turnover of last year was 3.74204327. ==> 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+0+0+0+1+1+1+1+0
=5

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

Teck Guan Perdana Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Teck Guan Perdana Bhd  (XKLS:7439) 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.


Teck Guan Perdana Bhd Piotroski F-Score Related Terms

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Teck Guan Perdana Bhd (XKLS:7439) Business Description

Traded in Other Exchanges
N/A
Address
318, Teck Guan Regency, Jalan St. Patrick, Off Jalan Belunu, Tawau, SBH, MYS, 91000
Teck Guan Perdana Bhd is engaged in the production of palm oil and cocoa. The company's business activities include the sale of plantation produce, crude palm kernel oil, palm kernel expeller, trading of palm oil-related products, the sale of cocoa products, and dried cocoa beans. It sells its products to international buyers which include Nestle, Cadbury, M&M Mars, Gerkens, and EDF & Man. Its segments include Cocoa products which processes, and sells cocoa butter, cocoa powder and other cocoa products, and the export of trading produce; Oil palm products which derive the majority revenue operate oil palm plantations, the operation of kernel crushing plant; and the Corporate segment that includes group-level corporate service and treasury functions.

Teck Guan Perdana Bhd (XKLS:7439) Headlines

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