VisDynamics Holdings Bhd (XKLS:0120) Altman Z-Score: 3.74 (As of Jul. 01, 2026) — 52% Below Median


XKLS:0120 VisDynamics Holdings Bhd XKLS:0120
47 GF Score
Price RM0.30
GF Value RM0.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is VisDynamics Holdings Bhd Altman Z-Score?

VisDynamics Holdings Bhd XKLS:0120 +27.66% 47 Altman Z-Score is 3.74 as of Jul. 01, 2026, which is 52% below its 10-year median of 7.76. GuruFocus rates XKLS:0120 with a GF Score™ of 47/100 and a GF Value™ of RM0.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,014 Semiconductors companies, VisDynamics Holdings Bhd ranks worse than 66.77% 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 3.11 is strong.

VisDynamics Holdings Bhd has a Altman Z-Score of 3.74, 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 VisDynamics Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0120' s Altman Z-Score Range Over the Past 10 Years
Min: 2.88   Med: 7.76   Max: 14.8
Current: 3.11

During the past 13 years, VisDynamics Holdings Bhd's highest Altman Z-Score was 14.80. The lowest was 2.88. And the median was 7.76.


VisDynamics Holdings Bhd  (XKLS:0120) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


VisDynamics Holdings Bhd Altman Z-Score Related Terms


VisDynamics Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for VisDynamics Holdings 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.

VisDynamics Holdings Bhd Altman Z-Score Chart

VisDynamics Holdings Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.80 6.88 12.44 8.95 6.69

VisDynamics Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Altman Z-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 7.34 6.42 6.69 3.56 3.02

XKLS:0120 vs AMAT, LRCX, KLAC: Altman Z-Score Comparison

For the Semiconductor Equipment & Materials subindustry, VisDynamics Holdings 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.


VisDynamics Holdings Bhd Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, VisDynamics Holdings Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where VisDynamics Holdings Bhd's Altman Z-Score falls into.


XKLS:0120
47GF Score
VisDynamics Holdings Bhd XKLS:0120
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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VisDynamics Holdings Bhd Altman Z-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.

VisDynamics Holdings 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*0.3828+1.4*0.3949+3.3*-0.0616+0.6*4.4677+1.0*0.2475
=3.74

* 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.

Trailing Twelve Months (TTM) ended in Apr. 2026:
Total Assets was RM67.27 Mil.
Total Current Assets was RM42.88 Mil.
Total Current Liabilities was RM17.14 Mil.
Retained Earnings was RM26.56 Mil.
Pre-Tax Income was 0.631 + -3.07 + 1.096 + -2.833 = RM-4.18 Mil.
Interest Expense was -0.006 + -0.009 + -0.007 + -0.007 = RM-0.03 Mil.
Revenue was 6.463 + 0.892 + 8.118 + 1.173 = RM16.65 Mil.
Market Cap (Today) was RM76.55 Mil.
Total Liabilities was RM17.14 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
=(42.883 - 17.135)/67.27
=0.3828

X2=Retained Earnings/Total Assets
=26.564/67.27
=0.3949

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.176 - -0.029)/67.27
=-0.0616

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=76.554/17.135
=4.4677

X5=Revenue/Total Assets
=16.646/67.27
=0.2475

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

VisDynamics Holdings Bhd has a Altman Z-Score of 3.74 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 3.74 mean?
VisDynamics Holdings Bhd (XKLS:0120) has a Altman Z-Score of 3.74 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on VisDynamics Holdings Bhd and its competitors. This is 52% below median its historical median of 7.76. Over the past decade, VisDynamics Holdings Bhd's Altman Z-Score has ranged from 2.88 to 14.80. According to the industry distribution chart, VisDynamics Holdings Bhd ranks #677 out of 1014 companies in the Semiconductors industry, placing it in the top 66.8%.
Is VisDynamics Holdings Bhd's Altman Z-Score too high?
VisDynamics Holdings Bhd's current Altman Z-Score of 3.74 is 52% below median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 14.80. The Semiconductors industry median Altman Z-Score is 5.36. VisDynamics Holdings Bhd's value of 3.74 is 30.2% below this industry median. Based on the distribution chart, VisDynamics Holdings Bhd ranks #677 out of 1014 companies in the Semiconductors industry, which is below the industry midpoint. Overall, VisDynamics Holdings Bhd has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VisDynamics Holdings Bhd's Altman Z-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, VisDynamics Holdings Bhd ranks #677 out of 1014 companies for Altman Z-Score. This places VisDynamics Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 5.36. VisDynamics Holdings Bhd's value of 3.74 is 30.2% below this benchmark. Historically, VisDynamics Holdings Bhd's own Altman Z-Score has ranged from 2.88 to 14.80 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 5.36, VisDynamics Holdings 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 Z-Score for a Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.36, based on 1,014 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. VisDynamics Holdings Bhd's current Altman Z-Score of 3.74 is 30.2% 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 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 VisDynamics Holdings Bhd and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VisDynamics Holdings Bhd's current Altman Z-Score is 3.74, which is 52% below median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VisDynamics Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, VisDynamics Holdings Bhd (XKLS:0120) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.30 — trading 42.9% above its estimated fair value. The current Altman Z-Score is 3.74, which is 52% below median its 10-year median of 7.76 and 30.2% below the Semiconductors industry median of 5.36. VisDynamics Holdings Bhd's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For VisDynamics Holdings Bhd (XKLS:0120), the current Altman Z-Score is 3.74 as of Jul. 01, 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 VisDynamics Holdings Bhd (XKLS:0120) Overvalued in 2026?

Based on GuruFocus' analysis, VisDynamics Holdings Bhd stock appears to be overvalued. The current stock price of RM0.30 is trading 42.9% above its estimated GF Value™ of RM0.21. GuruFocus considers VisDynamics Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0120:

  • Altman Z-Score: 3.74 (52% below median its 10-year median of 7.76)
  • GF Value™: RM0.21 vs. price of RM0.30 (42.9% above fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 30.2% below the Semiconductors median (#677 of 1014)

No single metric tells the full story. See the XKLS:0120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VisDynamics Holdings Bhd Business Description

Address Lot 3844, Jalan TU 52, Kawasan Perindustrian Tasik Utama, Ayer Keroh, MLA, MYS, 75450
VisDynamics Holdings Bhd is an investment holding company. It operates in two segments, namely the Manufacturing segment, which includes the Manufacturing of automated test equipment, and the Others segment, which includes Investment holding and the provision of management services. The company focuses on the design, research & development, and assembly of Back-end Semiconductor Equipment and high-speed transfer and inspection machines for Non-Semiconductor Devices. The company's geographical segments include Malaysia, South East Asia, North Asia, the United States, and Others, of which it generates the majority of its revenue from North Asia.
47GF Score

Get the complete analysis for XKLS:0120

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

RM0.30
Price
RM0.21
GF Value