Daythree Digital Bhd (XKLS:0281) Altman Z2-Score: 9.07 (As of Jul. 01, 2026) — 10% Above Median


XKLS:0281 Daythree Digital Bhd XKLS:0281
44 GF Score
Price RM0.12
GF Value RM0.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Daythree Digital Bhd Altman Z2-Score?

Daythree Digital Bhd XKLS:0281 44 Altman Z2-Score is 9.07 as of Jul. 01, 2026, which is 10% above its 10-year median of 8.28. GuruFocus rates XKLS:0281 with a GF Score™ of 44/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,818 Software companies, Daythree Digital Bhd ranks better than 85.7% 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:

Daythree Digital Bhd has a Altman Z2-Score of 9.07, 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 Daythree Digital Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0281' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.05   Med: 8.28   Max: 10.33
Current: 9.07

During the past 7 years, Daythree Digital Bhd's highest Altman Z2-Score was 10.33. The lowest was 6.05. And the median was 8.28.


Daythree Digital Bhd  (XKLS:0281) 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.


Daythree Digital Bhd Altman Z2-Score Related Terms


Daythree Digital Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Daythree Digital 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.

Daythree Digital Bhd Altman Z2-Score Chart

Daythree Digital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 10.33 6.05 9.35 7.94 7.49

Daythree Digital Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 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 7.12 6.98 6.14 7.49 9.07

XKLS:0281 vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Daythree Digital 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.


Daythree Digital Bhd Altman Z2-Score vs Software Industry

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

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


XKLS:0281
44GF Score
Daythree Digital Bhd XKLS:0281
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daythree Digital 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.

Daythree Digital 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*0.6624+3.26*0.2919+6.72*0.0234+1.05*3.4438
=9.07

* 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 RM91.16 Mil.
Total Current Assets was RM68.05 Mil.
Total Current Liabilities was RM7.67 Mil.
Retained Earnings was RM26.62 Mil.
Pre-Tax Income was -1.771 + 1.464 + 1.103 + 0.383 = RM1.18 Mil.
Interest Expense was -0.223 + -0.241 + -0.248 + -0.239 = RM-0.95 Mil.
Total Liabilities was RM20.52 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
=(68.054 - 7.67)/91.164
=0.6624

X2=Retained Earnings/Total Assets
=26.615/91.164
=0.2919

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.179 - -0.951)/91.164
=0.0234

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(70.649 - 0)/20.515
=3.4438

The zones of discrimination were as such:

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

Daythree Digital Bhd has a Altman Z2-Score of 9.07 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 9.07 mean?
Daythree Digital Bhd (XKLS:0281) has a Altman Z2-Score of 9.07 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 Daythree Digital Bhd and its competitors. This is 10% above median its historical median of 8.28. Over the past decade, Daythree Digital Bhd's Altman Z2-Score has ranged from 6.05 to 10.33. According to the industry distribution chart, Daythree Digital Bhd ranks #403 out of 2818 companies in the Software industry, placing it in the top 14.3%.
Is Daythree Digital Bhd's Altman Z2-Score too high?
Daythree Digital Bhd's current Altman Z2-Score of 9.07 is 10% above median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 10.33. The Software industry median Altman Z2-Score is 3.06. Daythree Digital Bhd's value of 9.07 is 196.4% above this industry median. Based on the distribution chart, Daythree Digital Bhd ranks #403 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Daythree Digital Bhd has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daythree Digital Bhd's Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Daythree Digital Bhd ranks #403 out of 2818 companies for Altman Z2-Score. This places Daythree Digital Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.06. Daythree Digital Bhd's value of 9.07 is 196.4% above this benchmark. Historically, Daythree Digital Bhd's own Altman Z2-Score has ranged from 6.05 to 10.33 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 3.06, Daythree Digital 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 3.06, based on 2,818 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. Daythree Digital Bhd's current Altman Z2-Score of 9.07 is 196.4% 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 Daythree Digital Bhd and its competitors. For the Software industry, the median Altman Z2-Score is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daythree Digital Bhd's current Altman Z2-Score is 9.07, which is 10% above median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daythree Digital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Daythree Digital Bhd (XKLS:0281) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.12 — trading 57.1% below its estimated fair value. The current Altman Z2-Score is 9.07, which is 10% above median its 10-year median of 8.28 and 196.4% above the Software industry median of 3.06. Daythree Digital Bhd's overall GF Score™ is 44/100 with 5 warning signs to review. 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 Daythree Digital Bhd (XKLS:0281), the current Altman Z2-Score is 9.07 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.

Is Daythree Digital Bhd (XKLS:0281) Overvalued in 2026?

Based on GuruFocus' analysis, Daythree Digital Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 57.1% below its estimated GF Value™ of RM0.28. GuruFocus considers Daythree Digital Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0281:

  • Altman Z2-Score: 9.07 (10% above median its 10-year median of 8.28)
  • GF Value™: RM0.28 vs. price of RM0.12 (57.1% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 196.4% above the Software median (#403 of 2818)

No single metric tells the full story. See the XKLS:0281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daythree Digital Bhd Business Description

Address No. 1, Jalan Pengaturcara U1/51A, Level 3A, Tower 3A, UOA Business Park, Seksyen U1, Shah Alam, SGR, MYS, 40150
Daythree Digital Bhd is principally an investment holding company. Through its subsidiaries, the company provides GBS service focusing on CX lifecycle management services enabled by in-house developed digital tools. The services provided by the company include Customer experience management, Business intelligence, Robotic process automation, Customer retention management, Customer relationship management and others. Geographically, the company operates solely in Malaysia.
44GF Score

Get the complete analysis for XKLS:0281

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.12
Price
RM0.28
GF Value