XOX Technology BhdXKLS:0017 Altman Z2-Score is 6.54 as of Jul. 04, 2026, which is 57% above its 10-year median of 4.17. The stock has 1 warning sign investors should review. Among 363 Telecommunication Services companies, XOX Technology Bhd ranks better than 91.74% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
XOX Technology Bhd has a Altman Z2-Score of 6.54, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for XOX Technology Bhd's Altman Z2-Score or its related term are showing as below:
XKLS:0017'
s Altman Z2-Score Range Over the Past 10 Years
Min: -0.45 Med: 4.17 Max: 10.44
Current: 6.54
During the past 13 years, XOX Technology Bhd's highest Altman Z2-Score was 10.44. The lowest was -0.45. And the median was 4.17.
XOX Technology Bhd (XKLS:0017) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
Altman Z2-Score does not apply to financial companies.
XOX Technology Bhd Altman Z2-Score Related Terms
XOX Technology Bhd Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for XOX Technology Bhd's Altman Z2-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:0017 vs TMUS, VZ, T: Altman Z2-Score Comparison
For the Telecom Services subindustry, XOX Technology Bhd's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.
XOX Technology Bhd Altman Z2-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where XOX Technology Bhd's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
XOX Technology Bhd's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
0.5348
+
3.26
*
0.3454
+
6.72
*
0.1641
+
1.05
*
0.7625
=
6.54
* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
XOX Technology Bhd (XKLS:0017) has a Altman Z2-Score of 6.54 as of Jul. 04, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on XOX Technology Bhd and its competitors. This is 57% above median its historical median of 4.17. According to the industry distribution chart, XOX Technology Bhd ranks #30 out of 363 companies in the Telecommunication Services industry, placing it in the top 8.3%.
Is XOX Technology Bhd's Altman Z2-Score too high?
XOX Technology Bhd's current Altman Z2-Score of 6.54 is 57% above median its 10-year median of 4.17. The Telecommunication Services industry median Altman Z2-Score is 1.64. XOX Technology Bhd's value of 6.54 is 298.8% above this industry median. Based on the distribution chart, XOX Technology Bhd ranks #30 out of 363 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does XOX Technology Bhd's Altman Z2-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, XOX Technology Bhd ranks #30 out of 363 companies for Altman Z2-Score. This places XOX Technology Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.64. XOX Technology Bhd's value of 6.54 is 298.8% above this benchmark. While the company's 10-year median is 4.17 vs. the industry median of 1.64, XOX Technology 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 Altman Z2-Score for a Telecommunication Services company?
The median Altman Z2-Score among Telecommunication Services companies is 1.64, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XOX Technology Bhd's current Altman Z2-Score of 6.54 is 298.8% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on XOX Technology Bhd and its competitors. For the Telecommunication Services industry, the median Altman Z2-Score is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Technology Bhd's current Altman Z2-Score is 6.54, which is 57% above median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, XOX Technology Bhd (XKLS:0017) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.05 — trading 66.7% above its estimated fair value. The current Altman Z2-Score is 6.54, which is 57% above median its 10-year median of 4.17 and 298.8% above the Telecommunication Services industry median of 1.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For XOX Technology Bhd (XKLS:0017), the current Altman Z2-Score is 6.54 as of Jul. 04, 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.
XOX Technology Bhd provides mobile solutions and engages in the trading and distribution of fast-moving electronic goods and related products. The company delivers and settles mobile messaging and data services such as SMS, MMS, and WAP, supporting mobile interoperability and various value-added services. Through its subsidiaries, the Group also offers SaaS-based business solutions. Its principal activities further include research and development, the development of proprietary software, mobile solutions, related hardware and equipment, cloud service solutions, and customised software development to support diverse business needs. The company operates across Malaysia, Pakistan, and the United Arab Emirates, with the majority of its revenue generated in Malaysia.
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