Lee Swee Kiat Group Bhd (XKLS:8079) Altman Z2-Score: 6.42 (As of Jun. 30, 2026) — 27% Above Median


XKLS:8079 Lee Swee Kiat Group Bhd XKLS:8079
50 GF Score
Price RM0.30
GF Value RM0.46
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Lee Swee Kiat Group Bhd Altman Z2-Score?

Lee Swee Kiat Group Bhd XKLS:8079 50 Altman Z2-Score is 6.42 as of Jun. 30, 2026, which is 27% above its 10-year median of 5.06. GuruFocus rates XKLS:8079 with a GF Score™ of 50/100 and a GF Value™ of RM0.46 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Lee Swee Kiat Group Bhd ranks better than 75.47% 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:

Lee Swee Kiat Group Bhd has a Altman Z2-Score of 6.42, 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 Lee Swee Kiat Group Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:8079' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.31   Med: 5.06   Max: 6.54
Current: 6.42

During the past 13 years, Lee Swee Kiat Group Bhd's highest Altman Z2-Score was 6.54. The lowest was 4.31. And the median was 5.06.


Lee Swee Kiat Group Bhd  (XKLS:8079) 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.


Lee Swee Kiat Group Bhd Altman Z2-Score Related Terms


Lee Swee Kiat Group Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd Altman Z2-Score Chart

Lee Swee Kiat Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 5.38 6.35 6.02 5.75

Lee Swee Kiat Group 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 5.80 5.62 5.93 5.75 6.42

XKLS:8079 vs SN, SGI, MHK: Altman Z2-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Lee Swee Kiat Group 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.


Lee Swee Kiat Group Bhd Altman Z2-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lee Swee Kiat Group Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Lee Swee Kiat Group Bhd's Altman Z2-Score falls into.


XKLS:8079
50GF Score
Lee Swee Kiat Group Bhd XKLS:8079
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Lee Swee Kiat Group 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.

Lee Swee Kiat Group 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*0.2777+3.26*0.5223+6.72*0.0554+1.05*2.4033
=6.42

* 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 RM106.1 Mil.
Total Current Assets was RM52.1 Mil.
Total Current Liabilities was RM22.7 Mil.
Retained Earnings was RM55.4 Mil.
Pre-Tax Income was 2.284 + 1.178 + 0.915 + 1.021 = RM5.4 Mil.
Interest Expense was -0.094 + -0.349 + -0.017 + -0.022 = RM-0.5 Mil.
Total Liabilities was RM31.2 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
=(52.128 - 22.652)/106.131
=0.2777

X2=Retained Earnings/Total Assets
=55.434/106.131
=0.5223

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.398 - -0.482)/106.131
=0.0554

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(74.946 - 0)/31.185
=2.4033

The zones of discrimination were as such:

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

Lee Swee Kiat Group Bhd has a Altman Z2-Score of 6.42 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.42 mean?
Lee Swee Kiat Group Bhd (XKLS:8079) has a Altman Z2-Score of 6.42 as of Jun. 30, 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 Lee Swee Kiat Group Bhd and its competitors. This is 27% above median its historical median of 5.06. Over the past decade, Lee Swee Kiat Group Bhd's Altman Z2-Score has ranged from 4.31 to 6.54. According to the industry distribution chart, Lee Swee Kiat Group Bhd ranks #105 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.5%.
Is Lee Swee Kiat Group Bhd's Altman Z2-Score too high?
Lee Swee Kiat Group Bhd's current Altman Z2-Score of 6.42 is 27% above median its 10-year median of 5.06. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 6.54. The Furnishings, Fixtures & Appliances industry median Altman Z2-Score is 4.08. Lee Swee Kiat Group Bhd's value of 6.42 is 57.4% above this industry median. Based on the distribution chart, Lee Swee Kiat Group Bhd ranks #105 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Lee Swee Kiat Group Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lee Swee Kiat Group Bhd's Altman Z2-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Lee Swee Kiat Group Bhd ranks #105 out of 428 companies for Altman Z2-Score. This places Lee Swee Kiat Group Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.08. Lee Swee Kiat Group Bhd's value of 6.42 is 57.4% above this benchmark. Historically, Lee Swee Kiat Group Bhd's own Altman Z2-Score has ranged from 4.31 to 6.54 over the past decade. While the company's 10-year median is 5.06 vs. the industry median of 4.08, Lee Swee Kiat Group 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 4.08, based on 428 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. Lee Swee Kiat Group Bhd's current Altman Z2-Score of 6.42 is 57.4% 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 Lee Swee Kiat Group Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z2-Score is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee Swee Kiat Group Bhd's current Altman Z2-Score is 6.42, which is 27% above median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Swee Kiat Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lee Swee Kiat Group Bhd (XKLS:8079) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.46, compared to a current price of RM0.30 — trading 35.9% below its estimated fair value. The current Altman Z2-Score is 6.42, which is 27% above median its 10-year median of 5.06 and 57.4% above the Furnishings, Fixtures & Appliances industry median of 4.08. Lee Swee Kiat Group Bhd's overall GF Score™ is 50/100 with 4 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 Lee Swee Kiat Group Bhd (XKLS:8079), the current Altman Z2-Score is 6.42 as of Jun. 30, 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 Lee Swee Kiat Group Bhd (XKLS:8079) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Swee Kiat Group Bhd stock appears to be undervalued. The current stock price of RM0.30 is trading 35.9% below its estimated GF Value™ of RM0.46. GuruFocus considers Lee Swee Kiat Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:8079:

  • Altman Z2-Score: 6.42 (27% above median its 10-year median of 5.06)
  • GF Value™: RM0.46 vs. price of RM0.30 (35.9% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 57.4% above the Furnishings, Fixtures & Appliances median (#105 of 428)

No single metric tells the full story. See the XKLS:8079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lee Swee Kiat Group Bhd Business Description

Address Wisma LSK, Jalan Haji Abdul Manan, Lot 6122, Off Jalan Meru, Klang, SGR, MYS, 41050
Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The group is organized into two business segments: Investment holding and Natural latex and mattress-related products. The Natural latex and mattress-related products segment which generates the majority of revenue engages in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam, and other related products. The investment holding segment engages in investment holding activity. Geographically, the company derives revenue maximum from Malaysia; while it also has its presence in United States; Korea; Canada; Netherlands; and Others.
50GF Score

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

RM0.30
Price
RM0.46
GF Value