Komarkcorp Bhd (XKLS:7017) Altman Z2-Score: 1.87 (As of Jul. 02, 2026) — Near Median


What is Komarkcorp Bhd Altman Z2-Score?

Komarkcorp Bhd XKLS:7017 Altman Z2-Score is 1.87 as of Jul. 02, 2026, which is 4% below its 10-year median of 1.94. The stock has 5 warning signs investors should review. Among 1,077 Business Services companies, Komarkcorp Bhd ranks worse than 68.62% 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.

Komarkcorp Bhd has a Altman Z2-Score of 1.87, indicating it is in Grey Zones. This implies that Komarkcorp 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 Komarkcorp Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:7017' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.63   Med: 1.94   Max: 8.64
Current: 1.87

During the past 13 years, Komarkcorp Bhd's highest Altman Z2-Score was 8.64. The lowest was -1.63. And the median was 1.94.


Komarkcorp Bhd  (XKLS:7017) 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.


Komarkcorp Bhd Altman Z2-Score Related Terms


Komarkcorp Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Komarkcorp 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.

Komarkcorp Bhd Altman Z2-Score Chart

Komarkcorp Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Mar22 Mar23 Jun25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.64 3.09 0.00 3.04 -1.63

Komarkcorp Bhd Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.10 -1.63 -1.45 2.08 1.87

XKLS:7017 vs CTAS, CPRT, ULS: Altman Z2-Score Comparison

For the Specialty Business Services subindustry, Komarkcorp 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.


Komarkcorp Bhd Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Komarkcorp Bhd's Altman Z2-Score distribution charts can be found below:

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



Komarkcorp 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.

Komarkcorp 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*0.05+3.26*0+6.72*-0.2045+1.05*2.7791
=1.87

* 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 RM100.81 Mil.
Total Current Assets was RM25.62 Mil.
Total Current Liabilities was RM20.57 Mil.
Retained Earnings was RM0.00 Mil.
Pre-Tax Income was -3.593 + -1.498 + -1.74 + -14.518 = RM-21.35 Mil.
Interest Expense was -0.201 + -0.212 + -0.222 + -0.103 = RM-0.74 Mil.
Total Liabilities was RM27.66 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
=(25.616 - 20.573)/100.811
=0.05

X2=Retained Earnings/Total Assets
=0/100.811
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-21.349 - -0.738)/100.811
=-0.2045

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(76.86 - 0)/27.656
=2.7791

The zones of discrimination were as such:

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

Komarkcorp Bhd has a Altman Z2-Score of 1.87 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.87 mean?
Komarkcorp Bhd (XKLS:7017) has a Altman Z2-Score of 1.87 as of Jul. 02, 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 Komarkcorp Bhd and its competitors. This is near median its historical median of 1.94. According to the industry distribution chart, Komarkcorp Bhd ranks #739 out of 1077 companies in the Business Services industry, placing it in the top 68.6%.
Is Komarkcorp Bhd's Altman Z2-Score too high?
Komarkcorp Bhd's current Altman Z2-Score of 1.87 is near median its 10-year median of 1.94. The Business Services industry median Altman Z2-Score is 3.61. Komarkcorp Bhd's value of 1.87 is 48.2% below this industry median. Based on the distribution chart, Komarkcorp Bhd ranks #739 out of 1077 companies in the Business Services industry, which is below the industry midpoint.
How does Komarkcorp Bhd's Altman Z2-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Komarkcorp Bhd ranks #739 out of 1077 companies for Altman Z2-Score. This places Komarkcorp Bhd in the lower half of its industry. The industry median Altman Z2-Score is 3.61. Komarkcorp Bhd's value of 1.87 is 48.2% below this benchmark. While the company's 10-year median is 1.94 vs. the industry median of 3.61, Komarkcorp 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.61, based on 1,077 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. Komarkcorp Bhd's current Altman Z2-Score of 1.87 is 48.2% 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 Komarkcorp Bhd and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komarkcorp Bhd's current Altman Z2-Score is 1.87, which is near median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komarkcorp Bhd stock overvalued right now?
Based on GuruFocus' analysis, Komarkcorp Bhd (XKLS:7017) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.07 — trading 62.5% above its estimated fair value. The current Altman Z2-Score is 1.87, which is near median its 10-year median of 1.94 and 48.2% below the Business Services industry median of 3.61. 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 Komarkcorp Bhd (XKLS:7017), the current Altman Z2-Score is 1.87 as of Jul. 02, 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.

Komarkcorp Bhd Business Description

Address Lot 132, Jalan 16/1, Kawasan Perindustrian Cheras Jaya, Darul Ehsan, Balakong, SGR, MYS, 43200
Komarkcorp Bhd is a company engaged in the manufacturing of self-adhesive labels and flexible packaging. The company's segment includes Self-adhesive labels and stickers, Face masks, and others. The company generates maximum revenue from the Self-adhesive labels and stickers segment. Geographically, it derives a majority of its revenue from Malaysia.