Sasbadi Holdings BhdXKLS:5252 54 Altman Z2-Score is 6.02 as of Jul. 06, 2026, which is 1% below its 10-year median of 6.09. GuruFocus rates XKLS:5252 with a GF Score™ of 54/100 and a GF Value™ of RM0.20 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,019 Media - Diversified companies, Sasbadi Holdings Bhd ranks better than 73.99% 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:
Sasbadi Holdings Bhd has a Altman Z2-Score of 6.02, 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 Sasbadi Holdings Bhd's Altman Z2-Score or its related term are showing as below:
XKLS:5252'
s Altman Z2-Score Range Over the Past 10 Years
Min: 4.68 Med: 6.09 Max: 10.02
Current: 6.02
During the past 13 years, Sasbadi Holdings Bhd's highest Altman Z2-Score was 10.02. The lowest was 4.68. And the median was 6.09.
Sasbadi Holdings Bhd (XKLS:5252) 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.
Altman Z2-Score does not apply to financial companies.
Sasbadi Holdings Bhd Altman Z2-Score Related Terms
Sasbadi Holdings Bhd Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Sasbadi 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.
For the Publishing subindustry, Sasbadi 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.
Sasbadi Holdings Bhd Altman Z2-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sasbadi Holdings Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Sasbadi Holdings Bhd's Altman Z2-Score falls into.
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.
Sasbadi 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
*
0.4558
+
3.26
*
0
+
6.72
*
0.0505
+
1.05
*
2.5621
=
6.02
* 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.
Sasbadi Holdings Bhd (XKLS:5252) has a Altman Z2-Score of 6.02 as of Jul. 06, 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 Sasbadi Holdings Bhd and its competitors. This is near median its historical median of 6.09. Over the past decade, Sasbadi Holdings Bhd's Altman Z2-Score has ranged from 4.68 to 10.02. According to the industry distribution chart, Sasbadi Holdings Bhd ranks #265 out of 1019 companies in the Media - Diversified industry, placing it in the top 26%.
Is Sasbadi Holdings Bhd's Altman Z2-Score too high?
Sasbadi Holdings Bhd's current Altman Z2-Score of 6.02 is near median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 10.02. The Media - Diversified industry median Altman Z2-Score is 2.53. Sasbadi Holdings Bhd's value of 6.02 is 137.9% above this industry median. Based on the distribution chart, Sasbadi Holdings Bhd ranks #265 out of 1019 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Sasbadi Holdings Bhd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sasbadi Holdings Bhd's Altman Z2-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Sasbadi Holdings Bhd ranks #265 out of 1019 companies for Altman Z2-Score. This puts Sasbadi Holdings Bhd in the upper half of its industry. The industry median Altman Z2-Score is 2.53. Sasbadi Holdings Bhd's value of 6.02 is 137.9% above this benchmark. Historically, Sasbadi Holdings Bhd's own Altman Z2-Score has ranged from 4.68 to 10.02 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 2.53, Sasbadi 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 Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.53, based on 1,019 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. Sasbadi Holdings Bhd's current Altman Z2-Score of 6.02 is 137.9% 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 Sasbadi Holdings Bhd and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sasbadi Holdings Bhd's current Altman Z2-Score is 6.02, which is near median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sasbadi Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sasbadi Holdings Bhd (XKLS:5252) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.16 — trading 22.5% below its estimated fair value. The current Altman Z2-Score is 6.02, which is near median its 10-year median of 6.09 and 137.9% above the Media - Diversified industry median of 2.53. Sasbadi Holdings Bhd's overall GF Score™ is 54/100 with 8 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 Sasbadi Holdings Bhd (XKLS:5252), the current Altman Z2-Score is 6.02 as of Jul. 06, 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 Sasbadi Holdings Bhd (XKLS:5252) Overvalued in 2026?
Based on GuruFocus' analysis, Sasbadi Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 22.5% below its estimated GF Value™ of RM0.20.
GuruFocus considers Sasbadi Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5252:
Altman Z2-Score: 6.02 (near median its 10-year median of 6.09)
GF Value™: RM0.20 vs. price of RM0.16 (22.5% below fair value)
Industry Position: 137.9% above the Media - Diversified median (#265 of 1019)
No single metric tells the full story. See the XKLS:5252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sasbadi Holdings Bhd is an investment holding company that is a provider of education solutions. The company is engaged in content creation and print publishing activities. The Company is a publisher of educational materials, undertaking print publishing, creating content that is user-friendly, interactive, and fun for teachers and students, leveraging information and communications technology. It includes PC software, mobile applications, and cloud-based platforms suited for self-paced learning as well as for the future classroom. Its segments comprise Print publishing, Digital solutions, and Network Marketing; Applied learning products and STEM education services, and Corporate. The company generates the majority of its revenue from the Print Publishing segment and operates in Malaysia.
54GF Score
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