Fintec Global BhdXKLS:0150 -5.88% Altman Z2-Score is 30.84 as of Jul. 01, 2026, which is 168% above its 10-year median of 11.49. The stock has 3 warning signs investors should review. Among 705 Asset Management companies, Fintec Global Bhd ranks better than 84.54% 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:
Fintec Global Bhd has a Altman Z2-Score of 30.84, 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 Fintec Global Bhd's Altman Z2-Score or its related term are showing as below:
XKLS:0150'
s Altman Z2-Score Range Over the Past 10 Years
Min: 1.36 Med: 11.49 Max: 145.54
Current: 30.84
During the past 13 years, Fintec Global Bhd's highest Altman Z2-Score was 145.54. The lowest was 1.36. And the median was 11.49.
Fintec Global Bhd (XKLS:0150) 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.
Fintec Global Bhd Altman Z2-Score Related Terms
Fintec Global Bhd Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Fintec 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.
XKLS:0150 vs BLK, BX, KKR: Altman Z2-Score Comparison
For the Asset Management subindustry, Fintec 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.
Fintec Global Bhd Altman Z2-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fintec Global Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Fintec Global 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.
Fintec 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
*
0.2944
+
3.26
*
0.1746
+
6.72
*
-0.4354
+
1.05
*
29.7747
=
30.84
* 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.
Fintec Global Bhd (XKLS:0150) has a Altman Z2-Score of 30.84 as of Jul. 01, 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 Fintec Global Bhd and its competitors. This is 168% above median its historical median of 11.49. Over the past decade, Fintec Global Bhd's Altman Z2-Score has ranged from 1.36 to 145.54. According to the industry distribution chart, Fintec Global Bhd ranks #109 out of 705 companies in the Asset Management industry, placing it in the top 15.5%.
Is Fintec Global Bhd's Altman Z2-Score too high?
Fintec Global Bhd's current Altman Z2-Score of 30.84 is 168% above median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 145.54. The Asset Management industry median Altman Z2-Score is 6.11. Fintec Global Bhd's value of 30.84 is 404.7% above this industry median. Based on the distribution chart, Fintec Global Bhd ranks #109 out of 705 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does Fintec Global Bhd's Altman Z2-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Fintec Global Bhd ranks #109 out of 705 companies for Altman Z2-Score. This places Fintec Global Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 6.11. Fintec Global Bhd's value of 30.84 is 404.7% above this benchmark. Historically, Fintec Global Bhd's own Altman Z2-Score has ranged from 1.36 to 145.54 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 6.11, Fintec 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 an Asset Management company?
The median Altman Z2-Score among Asset Management companies is 6.11, based on 705 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. Fintec Global Bhd's current Altman Z2-Score of 30.84 is 404.7% 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 Fintec Global Bhd and its competitors. For the Asset Management industry, the median Altman Z2-Score is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fintec Global Bhd's current Altman Z2-Score is 30.84, which is 168% above median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintec Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fintec Global Bhd (XKLS:0150) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.14, compared to a current price of RM0.08 — trading 42.9% below its estimated fair value. The current Altman Z2-Score is 30.84, which is 168% above median its 10-year median of 11.49 and 404.7% above the Asset Management industry median of 6.11. 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 Fintec Global Bhd (XKLS:0150), the current Altman Z2-Score is 30.84 as of Jul. 01, 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.
Fintec Global Bhd is a technology incubation and investment holding company that is engaged in the manufacture and sale of rubber gloves. The company is organised into main business segments as follows: (a) Glove business: Involved in manufacturing and trading of personal protective healthcare equipment and rubber gloves machinery and leasing of rubber gloves machinery and ancillary equipment. (b) Investment in quoted securities: Involved in investing and trading in quoted securities and related activities. (c) Others: Other segments comprise investment holding and dormant companies. The company generates maximum revenue from the Portfolio investment segment. The company geographically covers Malaysia and the United States, out of which it derives its maximum revenue from Malaysia.
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