Efficient E-Solutions Bhd (XKLS:0064) Altman Z2-Score: 17.02 (As of Jul. 05, 2026) — 64% Below Median


What is Efficient E-Solutions Bhd Altman Z2-Score?

Efficient E-Solutions Bhd XKLS:0064 Altman Z2-Score is 17.02 as of Jul. 05, 2026, which is 64% below its 10-year median of 47.45. The stock has 1 warning sign investors should review. Among 1,078 Business Services companies, Efficient E-Solutions Bhd ranks better than 95.92% 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:

Efficient E-Solutions Bhd has a Altman Z2-Score of 17.02, 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 Efficient E-Solutions Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0064' s Altman Z2-Score Range Over the Past 10 Years
Min: 12.37   Med: 47.45   Max: 176.19
Current: 17.02

During the past 13 years, Efficient E-Solutions Bhd's highest Altman Z2-Score was 176.19. The lowest was 12.37. And the median was 47.45.


Efficient E-Solutions Bhd  (XKLS:0064) 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.


Efficient E-Solutions Bhd Altman Z2-Score Related Terms


Efficient E-Solutions Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Efficient E-Solutions 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.

Efficient E-Solutions Bhd Altman Z2-Score Chart

Efficient E-Solutions Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.76 18.87 12.37 14.39 16.13

Efficient E-Solutions Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.10 14.92 13.72 16.13 17.02

XKLS:0064 vs CTAS, CPRT, ULS: Altman Z2-Score Comparison

For the Specialty Business Services subindustry, Efficient E-Solutions 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.


Efficient E-Solutions Bhd Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Efficient E-Solutions Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Efficient E-Solutions Bhd's Altman Z2-Score falls into.



Efficient E-Solutions 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.

Efficient E-Solutions 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*0.2078+3.26*0.2549+6.72*-0.0056+1.05*14.1583
=17.02

* 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 Mar. 2026:
Total Assets was RM178.95 Mil.
Total Current Assets was RM45.39 Mil.
Total Current Liabilities was RM8.21 Mil.
Retained Earnings was RM45.61 Mil.
Pre-Tax Income was 0.051 + 0.915 + -1.785 + -0.221 = RM-1.04 Mil.
Interest Expense was -0.008 + -0.009 + -0.008 + -0.006 = RM-0.03 Mil.
Total Liabilities was RM11.79 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
=(45.386 - 8.205)/178.946
=0.2078

X2=Retained Earnings/Total Assets
=45.605/178.946
=0.2549

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.04 - -0.031)/178.946
=-0.0056

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(166.983 - 0)/11.794
=14.1583

The zones of discrimination were as such:

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

Efficient E-Solutions Bhd has a Altman Z2-Score of 17.02 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 17.02 mean?
Efficient E-Solutions Bhd (XKLS:0064) has a Altman Z2-Score of 17.02 as of Jul. 05, 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 Efficient E-Solutions Bhd and its competitors. This is 64% below median its historical median of 47.45. Over the past decade, Efficient E-Solutions Bhd's Altman Z2-Score has ranged from 12.37 to 176.19. According to the industry distribution chart, Efficient E-Solutions Bhd ranks #44 out of 1078 companies in the Business Services industry, placing it in the top 4.1%.
Is Efficient E-Solutions Bhd's Altman Z2-Score too high?
Efficient E-Solutions Bhd's current Altman Z2-Score of 17.02 is 64% below median its 10-year median of 47.45. Over the past 10 years, this metric has ranged from a low of 12.37 to a high of 176.19. The Business Services industry median Altman Z2-Score is 3.64. Efficient E-Solutions Bhd's value of 17.02 is 368.2% above this industry median. Based on the distribution chart, Efficient E-Solutions Bhd ranks #44 out of 1078 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Efficient E-Solutions Bhd's Altman Z2-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Efficient E-Solutions Bhd ranks #44 out of 1078 companies for Altman Z2-Score. This places Efficient E-Solutions Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.64. Efficient E-Solutions Bhd's value of 17.02 is 368.2% above this benchmark. Historically, Efficient E-Solutions Bhd's own Altman Z2-Score has ranged from 12.37 to 176.19 over the past decade. While the company's 10-year median is 47.45 vs. the industry median of 3.64, Efficient E-Solutions 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.64, based on 1,078 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. Efficient E-Solutions Bhd's current Altman Z2-Score of 17.02 is 368.2% 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 Efficient E-Solutions Bhd and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Efficient E-Solutions Bhd's current Altman Z2-Score is 17.02, which is 64% below median its own 10-year median of 47.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Efficient E-Solutions Bhd stock overvalued right now?
Based on GuruFocus' analysis, Efficient E-Solutions Bhd (XKLS:0064) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.10 — trading 52.5% below its estimated fair value. The current Altman Z2-Score is 17.02, which is 64% below median its 10-year median of 47.45 and 368.2% above the Business Services industry median of 3.64. 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 Efficient E-Solutions Bhd (XKLS:0064), the current Altman Z2-Score is 17.02 as of Jul. 05, 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.

Efficient E-Solutions Bhd Business Description

Address No. 3, Jalan Astaka U8/82, Taman Perindustrian Bukit Jelutong, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Efficient E-Solutions Bhd is a well-established business process outsourcing provider that delivers comprehensive outsourced solutions. The group specializes in serving a diverse customer base span of various industries, including financial institutions, large corporations, small and medium-sized enterprises, GLCs government agencies, and hospitals. The company's operating segment includes Records Management, IT Services, and Others. The firm derives the majority of its revenue from the IT Services segment, which is engaged in Computer and information technology-related business, including IT security and consultancy services, software development, and IT-related training. Geographically, the company derives maximum revenue from Malaysia.