Signature Alliance Group Bhd (XKLS:0360) Altman Z2-Score: 6.81 (As of Jul. 07, 2026) — 49% Above Median


XKLS:0360 Signature Alliance Group Bhd XKLS:0360
16 GF Score
Price RM0.69
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What is Signature Alliance Group Bhd Altman Z2-Score?

Signature Alliance Group Bhd XKLS:0360 16 Altman Z2-Score is 6.81 as of Jul. 07, 2026, which is 49% above its 10-year median of 4.58. GuruFocus rates XKLS:0360 with a GF Score™ of 16/100. Among 1,764 Construction companies, Signature Alliance Group Bhd ranks better than 83.39% 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:

Signature Alliance Group Bhd has a Altman Z2-Score of 6.81, 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 Signature Alliance Group Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0360' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.37   Med: 4.58   Max: 6.81
Current: 6.81

During the past 5 years, Signature Alliance Group Bhd's highest Altman Z2-Score was 6.81. The lowest was 2.37. And the median was 4.58.


Signature Alliance Group Bhd  (XKLS:0360) 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.


Signature Alliance Group Bhd Altman Z2-Score Related Terms


Signature Alliance Group Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Signature Alliance Group 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.

Signature Alliance Group Bhd Altman Z2-Score Chart

Signature Alliance Group Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
2.69 2.99 3.78 2.37 6.07

Signature Alliance Group Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only 0.00 5.37 5.66 6.07 6.81

XKLS:0360 vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, Signature Alliance Group 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.


Signature Alliance Group Bhd Altman Z2-Score vs Construction Industry

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

* The bar in red indicates where Signature Alliance Group Bhd's Altman Z2-Score falls into.


XKLS:0360
16GF Score
Signature Alliance Group Bhd XKLS:0360
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Signature Alliance Group 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.

Signature Alliance Group 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*0.5557+3.26*0.2005+6.72*0.1328+1.05*1.5456
=6.81

* 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 RM404.9 Mil.
Total Current Assets was RM377.8 Mil.
Total Current Liabilities was RM152.8 Mil.
Retained Earnings was RM81.2 Mil.
Pre-Tax Income was 11.204 + 16.415 + 13.382 + 10.186 = RM51.2 Mil.
Interest Expense was -0.591 + -0.53 + -0.777 + -0.669 = RM-2.6 Mil.
Total Liabilities was RM159.1 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
=(377.796 - 152.817)/404.882
=0.5557

X2=Retained Earnings/Total Assets
=81.196/404.882
=0.2005

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(51.187 - -2.567)/404.882
=0.1328

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(245.83 - 0)/159.052
=1.5456

The zones of discrimination were as such:

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

Signature Alliance Group Bhd has a Altman Z2-Score of 6.81 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.81 mean?
Signature Alliance Group Bhd (XKLS:0360) has a Altman Z2-Score of 6.81 as of Jul. 07, 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 Signature Alliance Group Bhd and its competitors. This is 49% above median its historical median of 4.58. Over the past decade, Signature Alliance Group Bhd's Altman Z2-Score has ranged from 2.37 to 6.81. According to the industry distribution chart, Signature Alliance Group Bhd ranks #293 out of 1764 companies in the Construction industry, placing it in the top 16.6%.
Is Signature Alliance Group Bhd's Altman Z2-Score too high?
Signature Alliance Group Bhd's current Altman Z2-Score of 6.81 is 49% above median its 10-year median of 4.58. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 6.81. The Construction industry median Altman Z2-Score is 3.21. Signature Alliance Group Bhd's value of 6.81 is 112.1% above this industry median. Based on the distribution chart, Signature Alliance Group Bhd ranks #293 out of 1764 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Signature Alliance Group Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Signature Alliance Group Bhd's Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Signature Alliance Group Bhd ranks #293 out of 1764 companies for Altman Z2-Score. This places Signature Alliance Group Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.21. Signature Alliance Group Bhd's value of 6.81 is 112.1% above this benchmark. Historically, Signature Alliance Group Bhd's own Altman Z2-Score has ranged from 2.37 to 6.81 over the past decade. While the company's 10-year median is 4.58 vs. the industry median of 3.21, Signature Alliance Group 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 1,764 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. Signature Alliance Group Bhd's current Altman Z2-Score of 6.81 is 112.1% 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 Signature Alliance Group 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. Signature Alliance Group Bhd's current Altman Z2-Score is 6.81, which is 49% above median its own 10-year median of 4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Alliance Group Bhd stock overvalued right now?
Signature Alliance Group Bhd (XKLS:0360) has a current Altman Z2-Score of 6.81. The current Altman Z2-Score is 6.81, which is 49% above median its 10-year median of 4.58 and 112.1% above the Construction industry median of 3.21. Signature Alliance Group Bhd's overall GF Score™ is 16/100. 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 Signature Alliance Group Bhd (XKLS:0360), the current Altman Z2-Score is 6.81 as of Jul. 07, 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.

Signature Alliance Group Bhd Business Description

Address No. 2, Jalan 1/127, Off Jalan Kuchai Lama, A-1-9, Pusat Perdagangan Kuchai, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 58200
Signature Alliance Group Bhd is principally involved in the provision of interior fitting-out services and building construction works. Interior fitting-out services typically involve the process of actualization of designs in the interior space. The Group's interior fitting-out services include: project planning and management of its Group's interior fitting-out projects; customization and supply of carpentry/ joinery parts and integral fixtures, and manufacturing of wooden furniture; installation works, building construction works and provision of air conditioning ducting works; and maintenance of the projects that the Group undertakes on an ad-hoc basis. Geographically, the company operates only in Malaysia.
16GF Score

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