Rhong Khen International Bhd (XKLS:7006) Altman Z2-Score: 12.97 (As of Jul. 04, 2026) — 70% Above Median


XKLS:7006 Rhong Khen International Bhd XKLS:7006
65 GF Score
Price RM1.07
GF Value RM1.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Rhong Khen International Bhd Altman Z2-Score?

Rhong Khen International Bhd XKLS:7006 -0.93% 65 Altman Z2-Score is 12.97 as of Jul. 04, 2026, which is 70% above its 10-year median of 7.65. GuruFocus rates XKLS:7006 with a GF Score™ of 65/100 and a GF Value™ of RM1.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Rhong Khen International Bhd ranks better than 94.17% 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:

Rhong Khen International Bhd has a Altman Z2-Score of 12.97, 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 Rhong Khen International Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:7006' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.1   Med: 7.65   Max: 12.97
Current: 12.97

During the past 13 years, Rhong Khen International Bhd's highest Altman Z2-Score was 12.97. The lowest was 6.10. And the median was 7.65.


Rhong Khen International Bhd  (XKLS:7006) 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.


Rhong Khen International Bhd Altman Z2-Score Related Terms


Rhong Khen International Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Rhong Khen International 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.

Rhong Khen International Bhd Altman Z2-Score Chart

Rhong Khen International Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 6.75 10.75 11.37 12.00

Rhong Khen International Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 11.35 12.00 10.47 12.14 12.97

XKLS:7006 vs SN, SGI, MHK: Altman Z2-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Rhong Khen International 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.


Rhong Khen International Bhd Altman Z2-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rhong Khen International Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Rhong Khen International Bhd's Altman Z2-Score falls into.


XKLS:7006
65GF Score
Rhong Khen International Bhd XKLS:7006
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Rhong Khen International 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.

Rhong Khen International 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*0.5309+3.26*0.6621+6.72*0.0251+1.05*6.8164
=12.97

* 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 RM746.0 Mil.
Total Current Assets was RM481.3 Mil.
Total Current Liabilities was RM85.3 Mil.
Retained Earnings was RM493.9 Mil.
Pre-Tax Income was -6.764 + 13.262 + 9.823 + 1.736 = RM18.1 Mil.
Interest Expense was -0.101 + -0.125 + -0.201 + -0.218 = RM-0.6 Mil.
Total Liabilities was RM95.8 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
=(481.312 - 85.293)/745.98
=0.5309

X2=Retained Earnings/Total Assets
=493.884/745.98
=0.6621

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(18.057 - -0.645)/745.98
=0.0251

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(653.196 - 0)/95.827
=6.8164

The zones of discrimination were as such:

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

Rhong Khen International Bhd has a Altman Z2-Score of 12.97 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.97 mean?
Rhong Khen International Bhd (XKLS:7006) has a Altman Z2-Score of 12.97 as of Jul. 04, 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 Rhong Khen International Bhd and its competitors. This is 70% above median its historical median of 7.65. Over the past decade, Rhong Khen International Bhd's Altman Z2-Score has ranged from 6.10 to 12.97. According to the industry distribution chart, Rhong Khen International Bhd ranks #25 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.8%.
Is Rhong Khen International Bhd's Altman Z2-Score too high?
Rhong Khen International Bhd's current Altman Z2-Score of 12.97 is 70% above median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 6.10 to a high of 12.97. The Furnishings, Fixtures & Appliances industry median Altman Z2-Score is 4.05. Rhong Khen International Bhd's value of 12.97 is 220.2% above this industry median. Based on the distribution chart, Rhong Khen International Bhd ranks #25 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Rhong Khen International Bhd has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rhong Khen International Bhd's Altman Z2-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Rhong Khen International Bhd ranks #25 out of 429 companies for Altman Z2-Score. This places Rhong Khen International Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.05. Rhong Khen International Bhd's value of 12.97 is 220.2% above this benchmark. Historically, Rhong Khen International Bhd's own Altman Z2-Score has ranged from 6.10 to 12.97 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 4.05, Rhong Khen International 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 Furnishings, Fixtures & Appliances company?
The median Altman Z2-Score among Furnishings, Fixtures & Appliances companies is 4.05, based on 429 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. Rhong Khen International Bhd's current Altman Z2-Score of 12.97 is 220.2% 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 Rhong Khen International Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z2-Score is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rhong Khen International Bhd's current Altman Z2-Score is 12.97, which is 70% above median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhong Khen International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Rhong Khen International Bhd (XKLS:7006) is currently considered Fairly Valued. The stock's GF Value™ is RM1.12, compared to a current price of RM1.07 — trading 4.5% below its estimated fair value. The current Altman Z2-Score is 12.97, which is 70% above median its 10-year median of 7.65 and 220.2% above the Furnishings, Fixtures & Appliances industry median of 4.05. Rhong Khen International Bhd's overall GF Score™ is 65/100 with 2 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 Rhong Khen International Bhd (XKLS:7006), the current Altman Z2-Score is 12.97 as of Jul. 04, 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 Rhong Khen International Bhd (XKLS:7006) Overvalued in 2026?

Based on GuruFocus' analysis, Rhong Khen International Bhd stock appears to be undervalued. The current stock price of RM1.07 is trading 4.5% below its estimated GF Value™ of RM1.12. GuruFocus considers Rhong Khen International Bhd to be Fairly Valued.

Key valuation signals for XKLS:7006:

  • Altman Z2-Score: 12.97 (70% above median its 10-year median of 7.65)
  • GF Value™: RM1.12 vs. price of RM1.07 (4.5% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 220.2% above the Furnishings, Fixtures & Appliances median (#25 of 429)

No single metric tells the full story. See the XKLS:7006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rhong Khen International Bhd Business Description

Address Batu 7 3/4 Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200
Rhong Khen International Bhd is a Malaysian investment holding company specializing in the manufacturing and distribution of wooden furniture and components, mainly rubber-wood products, for domestic and export markets. Its key products include dining and bedroom furniture, decorative panels, and polyester boards. About half of its raw materials are rubber wood, with the remainder sourced from poplar, pine, and other woods. The company operates through three segments: manufacturing, rental of investment properties, and investment holding, with the majority of its revenue generated from manufacturing. It serves markets in the United States, Southeast Asia, Australia, Canada, and other regions, with the United States contributing the highest portion of its revenue.
65GF Score

Get the complete analysis for XKLS:7006

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

RM1.07
Price
RM1.12
GF Value