UUE Holdings Bhd (XKLS:0310) Altman Z2-Score: 4.62 (As of Jul. 02, 2026) — 26% Below Median


XKLS:0310 UUE Holdings Bhd XKLS:0310
47 GF Score
Price RM0.49
! 4 Warning Signs
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What is UUE Holdings Bhd Altman Z2-Score?

UUE Holdings Bhd XKLS:0310 47 Altman Z2-Score is 4.62 as of Jul. 02, 2026, which is 26% below its 10-year median of 6.22. GuruFocus rates XKLS:0310 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 1,762 Construction companies, UUE Holdings Bhd ranks better than 67.03% 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:

UUE Holdings Bhd has a Altman Z2-Score of 4.62, 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 UUE Holdings Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0310' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.62   Med: 6.22   Max: 7.42
Current: 4.62

During the past 6 years, UUE Holdings Bhd's highest Altman Z2-Score was 7.42. The lowest was 4.62. And the median was 6.22.


UUE Holdings Bhd  (XKLS:0310) 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.


UUE Holdings Bhd Altman Z2-Score Related Terms


UUE Holdings Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for UUE Holdings 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.

UUE Holdings Bhd Altman Z2-Score Chart

UUE Holdings Bhd Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z2-Score
Get a 7-Day Free Trial 7.09 7.42 0.00 6.22 4.62

UUE Holdings Bhd Quarterly Data
Feb21 Feb22 Feb23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.22 7.19 6.71 5.67 4.62

XKLS:0310 vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, UUE Holdings 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.


UUE Holdings Bhd Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, UUE Holdings Bhd's Altman Z2-Score distribution charts can be found below:

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


XKLS:0310
47GF Score
UUE Holdings Bhd XKLS:0310
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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UUE Holdings 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.

UUE Holdings 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*0.3949+3.26*0+6.72*0.0858+1.05*1.3803
=4.62

* 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 Feb. 2026:
Total Assets was RM229.7 Mil.
Total Current Assets was RM166.6 Mil.
Total Current Liabilities was RM75.9 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was 10.282 + -4.093 + 8.54 + 2.648 = RM17.4 Mil.
Interest Expense was -0.656 + -0.574 + -0.543 + -0.562 = RM-2.3 Mil.
Total Liabilities was RM96.5 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
=(166.56 - 75.863)/229.68
=0.3949

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.377 - -2.335)/229.68
=0.0858

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(133.204 - 0)/96.504
=1.3803

The zones of discrimination were as such:

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

UUE Holdings Bhd has a Altman Z2-Score of 4.62 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.62 mean?
UUE Holdings Bhd (XKLS:0310) has a Altman Z2-Score of 4.62 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 UUE Holdings Bhd and its competitors. This is 26% below median its historical median of 6.22. Over the past decade, UUE Holdings Bhd's Altman Z2-Score has ranged from 4.62 to 7.42. According to the industry distribution chart, UUE Holdings Bhd ranks #581 out of 1762 companies in the Construction industry, placing it in the top 33%.
Is UUE Holdings Bhd's Altman Z2-Score too high?
UUE Holdings Bhd's current Altman Z2-Score of 4.62 is 26% below median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 7.42. The Construction industry median Altman Z2-Score is 3.21. UUE Holdings Bhd's value of 4.62 is 43.9% above this industry median. Based on the distribution chart, UUE Holdings Bhd ranks #581 out of 1762 companies in the Construction industry, which is above the industry midpoint. Overall, UUE Holdings Bhd has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does UUE Holdings Bhd's Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, UUE Holdings Bhd ranks #581 out of 1762 companies for Altman Z2-Score. This puts UUE Holdings Bhd in the upper half of its industry. The industry median Altman Z2-Score is 3.21. UUE Holdings Bhd's value of 4.62 is 43.9% above this benchmark. Historically, UUE Holdings Bhd's own Altman Z2-Score has ranged from 4.62 to 7.42 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 3.21, UUE Holdings 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 Construction company?
The median Altman Z2-Score among Construction companies is 3.21, based on 1,762 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. UUE Holdings Bhd's current Altman Z2-Score of 4.62 is 43.9% 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 UUE Holdings Bhd and its competitors. For the Construction industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UUE Holdings Bhd's current Altman Z2-Score is 4.62, which is 26% below median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UUE Holdings Bhd stock overvalued right now?
UUE Holdings Bhd (XKLS:0310) has a current Altman Z2-Score of 4.62. The current Altman Z2-Score is 4.62, which is 26% below median its 10-year median of 6.22 and 43.9% above the Construction industry median of 3.21. UUE Holdings Bhd's overall GF Score™ is 47/100 with 4 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 UUE Holdings Bhd (XKLS:0310), the current Altman Z2-Score is 4.62 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.

UUE Holdings Bhd Business Description

Address No. 55 & 57, Jalan Teratai 7, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100
UUE Holdings Bhd is principally involved in the provision of underground utilities engineering solutions and in the HDD method of laying pipes, and also employs the open cut and micro trenching excavation methods also manufactures and trades HDPE pipes and underground utilities engineering projects in Malaysia and Singapore. It also serves the electricity and telecommunications end-user markets in Malaysia and Singapore. The company has three segments: Underground utilities engineering solutions, Manufacturing, and Others. Key revenue is generated from Underground utilities engineering solutions.
47GF Score

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

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