Mikro MSC BhdXKLS:0112 +1.94%49 Altman Z-Score is 21.01 as of Jul. 02, 2026, which is 207% above its 10-year median of 6.84. GuruFocus rates XKLS:0112 with a GF Score™ of 49/100 and a GF Value™ of RM0.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,006 Industrial Products companies, Mikro MSC Bhd ranks better than 95.84% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 20.82 is strong.
Mikro MSC Bhd has a Altman Z-Score of 21.01, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Mikro MSC Bhd's Altman Z-Score or its related term are showing as below:
XKLS:0112'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.22 Med: 6.84 Max: 20.82
Current: 20.82
During the past 13 years, Mikro MSC Bhd's highest Altman Z-Score was 20.82. The lowest was 4.22. And the median was 6.84.
Mikro MSC Bhd (XKLS:0112) Altman Z-Score Explanation
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Mikro MSC Bhd Altman Z-Score Related Terms
Mikro MSC Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Mikro MSC Bhd's Altman Z-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 Electrical Equipment & Parts subindustry, Mikro MSC Bhd's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Mikro MSC Bhd Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Mikro MSC Bhd's Altman Z-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.
Mikro MSC Bhd's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.1916
+
1.4
*
0.3239
+
3.3
*
0.0972
+
0.6
*
32.9525
+
1.0
*
0.2376
=
21.01
* 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 Z-Score when X4 or X5 value is 0.
Mikro MSC Bhd (XKLS:0112) has a Altman Z-Score of 21.01 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mikro MSC Bhd and its competitors. This is 207% above median its historical median of 6.84. Over the past decade, Mikro MSC Bhd's Altman Z-Score has ranged from 4.22 to 20.82. According to the industry distribution chart, Mikro MSC Bhd ranks #125 out of 3006 companies in the Industrial Products industry, placing it in the top 4.2%.
Is Mikro MSC Bhd's Altman Z-Score too high?
Mikro MSC Bhd's current Altman Z-Score of 21.01 is 207% above median its 10-year median of 6.84. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 20.82. The Industrial Products industry median Altman Z-Score is 3.36. Mikro MSC Bhd's value of 21.01 is 526.2% above this industry median. Based on the distribution chart, Mikro MSC Bhd ranks #125 out of 3006 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mikro MSC Bhd has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mikro MSC Bhd's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mikro MSC Bhd ranks #125 out of 3006 companies for Altman Z-Score. This places Mikro MSC Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.36. Mikro MSC Bhd's value of 21.01 is 526.2% above this benchmark. Historically, Mikro MSC Bhd's own Altman Z-Score has ranged from 4.22 to 20.82 over the past decade. While the company's 10-year median is 6.84 vs. the industry median of 3.36, Mikro MSC 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 Z-Score for an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.36, based on 3,006 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mikro MSC Bhd's current Altman Z-Score of 21.01 is 526.2% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mikro MSC Bhd and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikro MSC Bhd's current Altman Z-Score is 21.01, which is 207% above median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikro MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mikro MSC Bhd (XKLS:0112) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.53 — trading 138.6% above its estimated fair value. The current Altman Z-Score is 21.01, which is 207% above median its 10-year median of 6.84 and 526.2% above the Industrial Products industry median of 3.36. Mikro MSC Bhd's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Mikro MSC Bhd (XKLS:0112), the current Altman Z-Score is 21.01 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.
Is Mikro MSC Bhd (XKLS:0112) Overvalued in 2026?
Based on GuruFocus' analysis, Mikro MSC Bhd stock appears to be overvalued.
The current stock price of RM0.53 is trading 138.6% above its estimated GF Value™ of RM0.22.
GuruFocus considers Mikro MSC Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0112:
Altman Z-Score: 21.01 (207% above median its 10-year median of 6.84)
GF Value™: RM0.22 vs. price of RM0.53 (138.6% above fair value)
Industry Position: 526.2% above the Industrial Products median (#125 of 3006)
No single metric tells the full story. See the XKLS:0112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mikro MSC Bhd is engaged in the research, development, design, and manufacturing of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services and manufacturing and trading of biomass fuel products. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia Segment which is engaged in R&D, and manufacturing of electronic and biomass fuel products.
49GF Score
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