UMS Holdings BhdXKLS:7137 81 Altman Z2-Score is 28.85 as of Jul. 12, 2026, which is 10% below its 10-year median of 32.20. GuruFocus rates XKLS:7137 with a GF Score™ of 81/100 and a GF Value™ of RM1.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 155 Industrial Distribution companies, UMS Holdings Bhd ranks better than 98.71% 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:
UMS Holdings Bhd has a Altman Z2-Score of 28.85, 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 UMS Holdings Bhd's Altman Z2-Score or its related term are showing as below:
XKLS:7137'
s Altman Z2-Score Range Over the Past 10 Years
Min: 18.17 Med: 32.2 Max: 126.79
Current: 28.85
During the past 13 years, UMS Holdings Bhd's highest Altman Z2-Score was 126.79. The lowest was 18.17. And the median was 32.20.
UMS Holdings Bhd (XKLS:7137) 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.
UMS Holdings Bhd Altman Z2-Score Related Terms
UMS Holdings Bhd Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for UMS 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.
XKLS:7137 vs GWW, FAST, FERG: Altman Z2-Score Comparison
For the Industrial Distribution subindustry, UMS 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.
UMS Holdings Bhd Altman Z2-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, UMS Holdings Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where UMS 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.
UMS 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
*
0.5586
+
3.26
*
0
+
6.72
*
0.0419
+
1.05
*
23.7161
=
28.85
* 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.
UMS Holdings Bhd (XKLS:7137) has a Altman Z2-Score of 28.85 as of Jul. 12, 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 UMS Holdings Bhd and its competitors. This is 10% below median its historical median of 32.20. Over the past decade, UMS Holdings Bhd's Altman Z2-Score has ranged from 18.17 to 126.79. According to the industry distribution chart, UMS Holdings Bhd ranks #2 out of 155 companies in the Industrial Distribution industry, placing it in the top 1.3%.
Is UMS Holdings Bhd's Altman Z2-Score too high?
UMS Holdings Bhd's current Altman Z2-Score of 28.85 is 10% below median its 10-year median of 32.20. Over the past 10 years, this metric has ranged from a low of 18.17 to a high of 126.79. The Industrial Distribution industry median Altman Z2-Score is 4.25. UMS Holdings Bhd's value of 28.85 is 578.8% above this industry median. Based on the distribution chart, UMS Holdings Bhd ranks #2 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, UMS Holdings Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UMS Holdings Bhd's Altman Z2-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, UMS Holdings Bhd ranks #2 out of 155 companies for Altman Z2-Score. This places UMS Holdings Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.25. UMS Holdings Bhd's value of 28.85 is 578.8% above this benchmark. Historically, UMS Holdings Bhd's own Altman Z2-Score has ranged from 18.17 to 126.79 over the past decade. While the company's 10-year median is 32.20 vs. the industry median of 4.25, UMS 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 an Industrial Distribution company?
The median Altman Z2-Score among Industrial Distribution companies is 4.25, based on 155 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. UMS Holdings Bhd's current Altman Z2-Score of 28.85 is 578.8% 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 UMS Holdings Bhd and its competitors. For the Industrial Distribution industry, the median Altman Z2-Score is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UMS Holdings Bhd's current Altman Z2-Score is 28.85, which is 10% below median its own 10-year median of 32.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMS Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, UMS Holdings Bhd (XKLS:7137) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.96, compared to a current price of RM1.70 — trading 13.3% below its estimated fair value. The current Altman Z2-Score is 28.85, which is 10% below median its 10-year median of 32.20 and 578.8% above the Industrial Distribution industry median of 4.25. UMS Holdings Bhd's overall GF Score™ is 81/100 with 3 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 UMS Holdings Bhd (XKLS:7137), the current Altman Z2-Score is 28.85 as of Jul. 12, 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 UMS Holdings Bhd (XKLS:7137) Overvalued in 2026?
Based on GuruFocus' analysis, UMS Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.70 is trading 13.3% below its estimated GF Value™ of RM1.96.
GuruFocus considers UMS Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7137:
Altman Z2-Score: 28.85 (10% below median its 10-year median of 32.20)
GF Value™: RM1.96 vs. price of RM1.70 (13.3% below fair value)
Industry Position: 578.8% above the Industrial Distribution median (#2 of 155)
No single metric tells the full story. See the XKLS:7137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UMS Holdings Bhd is an investment holding company. It operates in three segments based on geographical location: Malaysia (which includes Southern, East Coast, Central of Peninsular Malaysia and East Malaysia); and Singapore. Its revenue is derived from the distribution of mechanical power transmission and material handling products and systems and industrial spare parts. It serves different industries such as palm oil, rubber, power generation, quarrying & cement industries, latex glove manufacturing, and electrical & electronic industries.
81GF Score
Get the complete analysis for XKLS:7137
Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7137 has been successfully added to your 
