Coastal Contracts Bhd (XKLS:5071) Altman Z2-Score: 30.85 (As of Jul. 21, 2026) — 327% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5071 Coastal Contracts Bhd XKLS:5071
44 GF Score
Price RM1.33
GF Value RM0.43
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Coastal Contracts Bhd Altman Z2-Score?

Coastal Contracts Bhd XKLS:5071 +2.31% 44 Altman Z2-Score is 30.85 as of Jul. 21, 2026, which is 327% above its 10-year median of 7.22. GuruFocus rates XKLS:5071 with a GF Score™ of 44/100 and a GF Value™ of RM0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,010 Oil & Gas companies, Coastal Contracts Bhd ranks better than 96.04% 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:

Coastal Contracts Bhd has a Altman Z2-Score of 30.85, 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 Coastal Contracts Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:5071' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.44   Med: 7.22   Max: 36.94
Current: 30.85

During the past 13 years, Coastal Contracts Bhd's highest Altman Z2-Score was 36.94. The lowest was 4.44. And the median was 7.22.


Coastal Contracts Bhd  (XKLS:5071) 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.


Coastal Contracts Bhd Altman Z2-Score Related Terms


Coastal Contracts Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Coastal Contracts 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.

Coastal Contracts Bhd Altman Z2-Score Chart

Coastal Contracts Bhd Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec24
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 4.85 7.20 5.78 30.66

Coastal Contracts Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.18 34.28 36.94 34.05 30.85

XKLS:5071 vs SLB, BKR, HAL: Altman Z2-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Coastal Contracts 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.


Coastal Contracts Bhd Altman Z2-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coastal Contracts Bhd's Altman Z2-Score distribution charts can be found below:

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


XKLS:5071
44GF Score
Coastal Contracts Bhd XKLS:5071
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coastal Contracts 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.

Coastal Contracts 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*0.5778+3.26*0.6475+6.72*-0.0307+1.05*23.9577
=30.85

* 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 RM1,773.32 Mil.
Total Current Assets was RM1,092.35 Mil.
Total Current Liabilities was RM67.81 Mil.
Retained Earnings was RM1,148.26 Mil.
Pre-Tax Income was 12.182 + -73.291 + 21.146 + -15.691 = RM-55.65 Mil.
Interest Expense was -0.172 + -0.232 + -0.396 + -0.443 = RM-1.24 Mil.
Total Liabilities was RM70.47 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
=(1092.354 - 67.806)/1773.319
=0.5778

X2=Retained Earnings/Total Assets
=1148.257/1773.319
=0.6475

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-55.654 - -1.243)/1773.319
=-0.0307

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1688.346 - 0)/70.472
=23.9577

The zones of discrimination were as such:

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

Coastal Contracts Bhd has a Altman Z2-Score of 30.85 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 30.85 mean?
Coastal Contracts Bhd (XKLS:5071) has a Altman Z2-Score of 30.85 as of Jul. 21, 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 Coastal Contracts Bhd and its competitors. This is 327% above median its historical median of 7.22. Over the past decade, Coastal Contracts Bhd's Altman Z2-Score has ranged from 4.44 to 36.94. According to the industry distribution chart, Coastal Contracts Bhd ranks #40 out of 1010 companies in the Oil & Gas industry, placing it in the top 4%.
Is Coastal Contracts Bhd's Altman Z2-Score too high?
Coastal Contracts Bhd's current Altman Z2-Score of 30.85 is 327% above median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 36.94. The Oil & Gas industry median Altman Z2-Score is 1.83. Coastal Contracts Bhd's value of 30.85 is 1590.4% above this industry median. Based on the distribution chart, Coastal Contracts Bhd ranks #40 out of 1010 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Coastal Contracts Bhd has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coastal Contracts Bhd's Altman Z2-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Coastal Contracts Bhd ranks #40 out of 1010 companies for Altman Z2-Score. This places Coastal Contracts Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.83. Coastal Contracts Bhd's value of 30.85 is 1590.4% above this benchmark. Historically, Coastal Contracts Bhd's own Altman Z2-Score has ranged from 4.44 to 36.94 over the past decade. While the company's 10-year median is 7.22 vs. the industry median of 1.83, Coastal Contracts 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 Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.83, based on 1,010 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. Coastal Contracts Bhd's current Altman Z2-Score of 30.85 is 1590.4% 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 Coastal Contracts Bhd and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coastal Contracts Bhd's current Altman Z2-Score is 30.85, which is 327% above median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Contracts Bhd stock overvalued right now?
Based on GuruFocus' analysis, Coastal Contracts Bhd (XKLS:5071) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.43, compared to a current price of RM1.33 — trading 209.3% above its estimated fair value. The current Altman Z2-Score is 30.85, which is 327% above median its 10-year median of 7.22 and 1590.4% above the Oil & Gas industry median of 1.83. Coastal Contracts Bhd's overall GF Score™ is 44/100 with 7 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 Coastal Contracts Bhd (XKLS:5071), the current Altman Z2-Score is 30.85 as of Jul. 21, 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 Coastal Contracts Bhd (XKLS:5071) Overvalued in 2026?

Based on GuruFocus' analysis, Coastal Contracts Bhd stock appears to be overvalued. The current stock price of RM1.33 is trading 209.3% above its estimated GF Value™ of RM0.43. GuruFocus considers Coastal Contracts Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5071:

  • Altman Z2-Score: 30.85 (327% above median its 10-year median of 7.22)
  • GF Value™: RM0.43 vs. price of RM1.33 (209.3% above fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 1590.4% above the Oil & Gas median (#40 of 1010)

No single metric tells the full story. See the XKLS:5071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coastal Contracts Bhd Business Description

Industry EnergyOil & Gas
Address Block G, Lot 3B, Bandar Leila, W.D.T. 259, Sandakan, SBH, MYS, 90009
Coastal Contracts Bhd is an investment holding company. Its segments include Gas processing involves provision of onshore gas conditioning and jack-up gas compression services; Vessels manufacturing and repairing services engaged in fabrication and sale of offshore support and marine transportation vessels, and provision of ship repairs and maintenance services; Vessels manufacturing and repairing services involves Fabrication and sale of offshore support and marine transportation vessels, and provision of ship repairs and maintenance services; Vessels chartering and equipment hire, derives key revenue engaged in provision of vessels transportation and equipment hiring services; and Hospitality engaged in development of an overwater bungalow resort.
44GF Score

Get the complete analysis for XKLS:5071

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

RM1.33
Price
RM0.43
GF Value