Advance Information Marketing Bhd (XKLS:0122) Altman Z2-Score: 3.15 (As of Jul. 03, 2026) — 61% Below Median


What is Advance Information Marketing Bhd Altman Z2-Score?

Advance Information Marketing Bhd XKLS:0122 Altman Z2-Score is 3.15 as of Jul. 03, 2026, which is 61% below its 10-year median of 8.09. The stock has 6 warning signs investors should review. Among 1,077 Business Services companies, Advance Information Marketing Bhd ranks worse than 54.5% 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:

Advance Information Marketing Bhd has a Altman Z2-Score of 3.15, 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 Advance Information Marketing Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0122' s Altman Z2-Score Range Over the Past 10 Years
Min: -6.86   Med: 8.09   Max: 89.95
Current: 3.15

During the past 13 years, Advance Information Marketing Bhd's highest Altman Z2-Score was 89.95. The lowest was -6.86. And the median was 8.09.


Advance Information Marketing Bhd  (XKLS:0122) 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.


Advance Information Marketing Bhd Altman Z2-Score Related Terms


Advance Information Marketing Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Advance Information Marketing 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.

Advance Information Marketing Bhd Altman Z2-Score Chart

Advance Information Marketing Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.05 8.09 3.90 1.06 5.59

Advance Information Marketing 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 0.04 0.00 4.07 2.58 3.15

XKLS:0122 vs CTAS, CPRT, ULS: Altman Z2-Score Comparison

For the Specialty Business Services subindustry, Advance Information Marketing 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.


Advance Information Marketing Bhd Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Advance Information Marketing Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Advance Information Marketing Bhd's Altman Z2-Score falls into.



Advance Information Marketing 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.

Advance Information Marketing 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*0.2696+3.26*0+6.72*-0.2418+1.05*2.86
=3.15

* 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 RM19.22 Mil.
Total Current Assets was RM8.54 Mil.
Total Current Liabilities was RM3.36 Mil.
Retained Earnings was RM0.00 Mil.
Pre-Tax Income was -0.687 + -2.048 + -0.085 + -2.052 = RM-4.87 Mil.
Interest Expense was 0 + -0.034 + -0.149 + -0.042 = RM-0.23 Mil.
Total Liabilities was RM4.98 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
=(8.543 - 3.361)/19.219
=0.2696

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.872 - -0.225)/19.219
=-0.2418

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(14.24 - 0)/4.979
=2.86

The zones of discrimination were as such:

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

Advance Information Marketing Bhd has a Altman Z2-Score of 3.15 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.15 mean?
Advance Information Marketing Bhd (XKLS:0122) has a Altman Z2-Score of 3.15 as of Jul. 03, 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 Advance Information Marketing Bhd and its competitors. This is 61% below median its historical median of 8.09. According to the industry distribution chart, Advance Information Marketing Bhd ranks #587 out of 1077 companies in the Business Services industry, placing it in the top 54.5%.
Is Advance Information Marketing Bhd's Altman Z2-Score too high?
Advance Information Marketing Bhd's current Altman Z2-Score of 3.15 is 61% below median its 10-year median of 8.09. The Business Services industry median Altman Z2-Score is 3.61. Advance Information Marketing Bhd's value of 3.15 is 12.7% below this industry median. Based on the distribution chart, Advance Information Marketing Bhd ranks #587 out of 1077 companies in the Business Services industry, which is below the industry midpoint.
How does Advance Information Marketing Bhd's Altman Z2-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Advance Information Marketing Bhd ranks #587 out of 1077 companies for Altman Z2-Score. This places Advance Information Marketing Bhd in the lower half of its industry. The industry median Altman Z2-Score is 3.61. Advance Information Marketing Bhd's value of 3.15 is 12.7% below this benchmark. While the company's 10-year median is 8.09 vs. the industry median of 3.61, Advance Information Marketing Bhd has consistently been below 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 3.61, based on 1,077 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. Advance Information Marketing Bhd's current Altman Z2-Score of 3.15 is 12.7% below 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 Advance Information Marketing Bhd and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Information Marketing Bhd's current Altman Z2-Score is 3.15, which is 61% below median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Information Marketing Bhd stock overvalued right now?
Based on GuruFocus' analysis, Advance Information Marketing Bhd (XKLS:0122) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Altman Z2-Score is 3.15, which is 61% below median its 10-year median of 8.09 and 12.7% below the Business Services industry median of 3.61. 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 Advance Information Marketing Bhd (XKLS:0122), the current Altman Z2-Score is 3.15 as of Jul. 03, 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.

Advance Information Marketing Bhd Business Description

Address No 18, Jalan Balam, Kuala Lumpur, SGR, MYS, 51100
Advance Information Marketing Bhd is a BPO (Business Process Outsourcing) solution provider offering a spectrum of loyalty management services ranging from consultation, technology infrastructure, and technical support to procurement and logistics for companies. The company's operating segments are the Managed customer loyalty services segment, including sales and marketing services, client relationship management, outsourced contact center management; the Retail segment, which includes Retail sales of pharmaceutical products; and Other segments, including outsourced procurement services, investment holding, and corporate-level activities. The majority of the company's revenue comes from Malaysia.