Sin Heng Chan (Malaysia) BhdXKLS:4316 16 Altman Z2-Score is 2.08 as of Jul. 03, 2026, which is 10% above its 10-year median of 1.89. GuruFocus rates XKLS:4316 with a GF Score™ of 16/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,963 Consumer Packaged Goods companies, Sin Heng Chan (Malaysia) Bhd ranks worse than 67.96% 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.
Sin Heng Chan (Malaysia) Bhd has a Altman Z2-Score of 2.08, indicating it is in Grey Zones. This implies that Sin Heng Chan (Malaysia) Bhd is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
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 Sin Heng Chan (Malaysia) Bhd's Altman Z2-Score or its related term are showing as below:
XKLS:4316'
s Altman Z2-Score Range Over the Past 10 Years
Min: -1.44 Med: 1.89 Max: 3.68
Current: 2.08
During the past 13 years, Sin Heng Chan (Malaysia) Bhd's highest Altman Z2-Score was 3.68. The lowest was -1.44. And the median was 1.89.
Sin Heng Chan (Malaysia) Bhd (XKLS:4316) 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.
* 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.
Sin Heng Chan (Malaysia) Bhd Altman Z2-Score Chart
XKLS:4316 vs ADM, BG, TSN: Altman Z2-Score Comparison
For the Farm Products subindustry, Sin Heng Chan (Malaysia) 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.
Sin Heng Chan (Malaysia) Bhd Altman Z2-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sin Heng Chan (Malaysia) Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Sin Heng Chan (Malaysia) Bhd's Altman Z2-Score falls into.
Sin Heng Chan (Malaysia) 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.
* 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.
Sin Heng Chan (Malaysia) Bhd (XKLS:4316) has a Altman Z2-Score of 2.08 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 Sin Heng Chan (Malaysia) Bhd and its competitors. This is 10% above median its historical median of 1.89. According to the industry distribution chart, Sin Heng Chan (Malaysia) Bhd ranks #1334 out of 1963 companies in the Consumer Packaged Goods industry, placing it in the top 68%.
Is Sin Heng Chan (Malaysia) Bhd's Altman Z2-Score too high?
Sin Heng Chan (Malaysia) Bhd's current Altman Z2-Score of 2.08 is 10% above median its 10-year median of 1.89. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Sin Heng Chan (Malaysia) Bhd's value of 2.08 is 44.2% below this industry median. Based on the distribution chart, Sin Heng Chan (Malaysia) Bhd ranks #1334 out of 1963 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sin Heng Chan (Malaysia) Bhd has a GF Score™ of 16/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sin Heng Chan (Malaysia) Bhd's Altman Z2-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sin Heng Chan (Malaysia) Bhd ranks #1334 out of 1963 companies for Altman Z2-Score. This places Sin Heng Chan (Malaysia) Bhd in the lower half of its industry. The industry median Altman Z2-Score is 3.73. Sin Heng Chan (Malaysia) Bhd's value of 2.08 is 44.2% below this benchmark. While the company's 10-year median is 1.89 vs. the industry median of 3.73, Sin Heng Chan (Malaysia) 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,963 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. Sin Heng Chan (Malaysia) Bhd's current Altman Z2-Score of 2.08 is 44.2% 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 Sin Heng Chan (Malaysia) Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sin Heng Chan (Malaysia) Bhd's current Altman Z2-Score is 2.08, which is 10% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sin Heng Chan (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sin Heng Chan (Malaysia) Bhd (XKLS:4316) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.21 — trading 25% below its estimated fair value. The current Altman Z2-Score is 2.08, which is 10% above median its 10-year median of 1.89 and 44.2% below the Consumer Packaged Goods industry median of 3.73. Sin Heng Chan (Malaysia) Bhd's overall GF Score™ is 16/100 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 Sin Heng Chan (Malaysia) Bhd (XKLS:4316), the current Altman Z2-Score is 2.08 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.
Is Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Overvalued in 2026?
Based on GuruFocus' analysis, Sin Heng Chan (Malaysia) Bhd stock appears to be undervalued.
The current stock price of RM0.21 is trading 25% below its estimated GF Value™ of RM0.28.
GuruFocus considers Sin Heng Chan (Malaysia) Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:4316:
Altman Z2-Score: 2.08 (10% above median its 10-year median of 1.89)
GF Value™: RM0.28 vs. price of RM0.21 (25% below fair value)
Industry Position: 44.2% below the Consumer Packaged Goods median (#1334 of 1963)
No single metric tells the full story. See the XKLS:4316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sin Heng Chan (Malaysia) Bhd operates in the upstream segment of the palm oil industry in Malaysia, with principal activities including oil palm cultivation and sale of Fresh Fruit Bunches (FFB) to external third-party Crude Palm Oil (CPO) mills. It also engages in energy and facility management including the provision of energy and facility management services, engineering, procurement and construction of district cooling systems, and the supply of cooling energy from district cooling systems and related activities. Its segments include Plantations, Energy and facilities management, Investment holding, Wholesale and distribution, and Others with majority of revenue deriving from Plantation segment. Geographically it operates only in Malaysia.
16GF Score
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