Metronic Global Bhd (XKLS:0043) Altman Z2-Score: 5.97 (As of Jul. 02, 2026) — 28% Above Median


What is Metronic Global Bhd Altman Z2-Score?

Metronic Global Bhd XKLS:0043 +100.00% Altman Z2-Score is 5.97 as of Jul. 02, 2026, which is 28% above its 10-year median of 4.66. The stock has 7 warning signs investors should review. Among 2,824 Software companies, Metronic Global Bhd ranks better than 71.32% 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:

Metronic Global Bhd has a Altman Z2-Score of 5.97, 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 Metronic Global Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0043' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.28   Med: 4.66   Max: 11.67
Current: 5.97

During the past 13 years, Metronic Global Bhd's highest Altman Z2-Score was 11.67. The lowest was 1.28. And the median was 4.66.


Metronic Global Bhd  (XKLS:0043) 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.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Metronic Global Bhd Altman Z2-Score Related Terms


Metronic Global Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Metronic Global 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.

Metronic Global Bhd Altman Z2-Score Chart

Metronic Global Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Oct25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 2.94 1.87 8.76 5.59

Metronic Global Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Jan25 Apr25 Jul25 Oct25 Jan26
Altman Z2-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 5.70 5.51 5.54 5.59 5.97

XKLS:0043 vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Metronic Global 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.


Metronic Global Bhd Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Metronic Global Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Metronic Global Bhd's Altman Z2-Score falls into.



Metronic Global Bhd Altman Z2-Score Calculation

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.

Metronic Global 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*0.7637+3.26*-0.7183+6.72*-0.0335+1.05*3.3573
=5.97

* 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.

Trailing Twelve Months (TTM) ended in Jan. 2026:
Total Assets was RM180.76 Mil.
Total Current Assets was RM163.12 Mil.
Total Current Liabilities was RM25.08 Mil.
Retained Earnings was RM-129.84 Mil.
Pre-Tax Income was -2.017 + -0.402 + -2.759 + -2.953 = RM-8.13 Mil.
Interest Expense was -0.475 + -0.465 + -0.657 + -0.473 = RM-2.07 Mil.
Total Liabilities was RM41.66 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(163.115 - 25.075)/180.763
=0.7637

X2=Retained Earnings/Total Assets
=-129.844/180.763
=-0.7183

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.131 - -2.07)/180.763
=-0.0335

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(139.851 - 0)/41.656
=3.3573

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Metronic Global Bhd has a Altman Z2-Score of 5.97 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.97 mean?
Metronic Global Bhd (XKLS:0043) has a Altman Z2-Score of 5.97 as of Jul. 02, 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 Metronic Global Bhd and its competitors. This is 28% above median its historical median of 4.66. Over the past decade, Metronic Global Bhd's Altman Z2-Score has ranged from 1.28 to 11.67. According to the industry distribution chart, Metronic Global Bhd ranks #810 out of 2824 companies in the Software industry, placing it in the top 28.7%.
Is Metronic Global Bhd's Altman Z2-Score too high?
Metronic Global Bhd's current Altman Z2-Score of 5.97 is 28% above median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 11.67. The Software industry median Altman Z2-Score is 3.07. Metronic Global Bhd's value of 5.97 is 94.8% above this industry median. Based on the distribution chart, Metronic Global Bhd ranks #810 out of 2824 companies in the Software industry, which is above the industry midpoint.
How does Metronic Global Bhd's Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Metronic Global Bhd ranks #810 out of 2824 companies for Altman Z2-Score. This puts Metronic Global Bhd in the upper half of its industry. The industry median Altman Z2-Score is 3.07. Metronic Global Bhd's value of 5.97 is 94.8% above this benchmark. Historically, Metronic Global Bhd's own Altman Z2-Score has ranged from 1.28 to 11.67 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 3.07, Metronic Global 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 Software company?
The median Altman Z2-Score among Software companies is 3.07, based on 2,824 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. Metronic Global Bhd's current Altman Z2-Score of 5.97 is 94.8% 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 Metronic Global Bhd and its competitors. For the Software industry, the median Altman Z2-Score is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metronic Global Bhd's current Altman Z2-Score is 5.97, which is 28% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metronic Global Bhd stock overvalued right now?
Metronic Global Bhd (XKLS:0043) has a current Altman Z2-Score of 5.97. The current Altman Z2-Score is 5.97, which is 28% above median its 10-year median of 4.66 and 94.8% above the Software industry median of 3.07. 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 Metronic Global Bhd (XKLS:0043), the current Altman Z2-Score is 5.97 as of Jul. 02, 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.

Metronic Global Bhd Business Description

Address No. 2, Jalan Astaka U8/83, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Metronic Global Bhd is opertes in engineering services industry. Its is specializes in design, supply, install, testing and commissioning, and service and maintenance of Integrated Building Management System (IBMS), Building Management System (BMS), Energy Management System (EMS), Security System (Card Access, CCTV System, Guard Tour and Car Parking System), Information and Communication Technology System (ICT), Extra Low Voltage System (ELV) and Integrated Security Management System (''ISMS''). The Group's geographical segments are divided into two categories: Malaysia and Overseas. key revenue is generated from Malaysia.