JHM Consolidation Bhd (XKLS:0127) Altman Z-Score: 2.24 (As of Jul. 03, 2026) — 54% Below Median


XKLS:0127 JHM Consolidation Bhd XKLS:0127
53 GF Score
Price RM0.38
GF Value RM0.70
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is JHM Consolidation Bhd Altman Z-Score?

JHM Consolidation Bhd XKLS:0127 +5.63% 53 Altman Z-Score is 2.24 as of Jul. 03, 2026, which is 54% below its 10-year median of 4.90. GuruFocus rates XKLS:0127 with a GF Score™ of 53/100 and a GF Value™ of RM0.70 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,456 Hardware companies, JHM Consolidation Bhd ranks worse than 71.46% 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.

Warning Sign:

Altman Z-score of 2.26 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

JHM Consolidation Bhd has a Altman Z-Score of 2.24, indicating it is in Grey Zones. This implies that JHM Consolidation Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 JHM Consolidation Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0127' s Altman Z-Score Range Over the Past 10 Years
Min: 1.81   Med: 4.9   Max: 11.45
Current: 2.26

During the past 13 years, JHM Consolidation Bhd's highest Altman Z-Score was 11.45. The lowest was 1.81. And the median was 4.90.


JHM Consolidation Bhd  (XKLS:0127) 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.


JHM Consolidation Bhd Altman Z-Score Related Terms


JHM Consolidation Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for JHM Consolidation 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.

JHM Consolidation Bhd Altman Z-Score Chart

JHM Consolidation Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 3.36 3.65 2.72 2.16

JHM Consolidation Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.47 1.81 1.94 2.16 2.06

XKLS:0127 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, JHM Consolidation 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.


JHM Consolidation Bhd Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, JHM Consolidation Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:0127
53GF Score
JHM Consolidation Bhd XKLS:0127
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JHM Consolidation 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.

JHM Consolidation 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*0.2742+1.4*0.3335+3.3*-0.0021+0.6*1.1633+1.0*0.749
=2.24

* 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 Mar. 2026:
Total Assets was RM485.0 Mil.
Total Current Assets was RM279.7 Mil.
Total Current Liabilities was RM146.7 Mil.
Retained Earnings was RM161.8 Mil.
Pre-Tax Income was 3.813 + -1.647 + 5.594 + -12.617 = RM-4.9 Mil.
Interest Expense was -1.015 + -1.058 + -0.868 + -0.912 = RM-3.9 Mil.
Revenue was 100.843 + 105.243 + 82.595 + 74.604 = RM363.3 Mil.
Market Cap (Today) was RM227.3 Mil.
Total Liabilities was RM195.3 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
=(279.662 - 146.678)/485
=0.2742

X2=Retained Earnings/Total Assets
=161.758/485
=0.3335

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.857 - -3.853)/485
=-0.0021

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=227.250/195.343
=1.1633

X5=Revenue/Total Assets
=363.285/485
=0.749

The zones of discrimination were as such:

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

JHM Consolidation Bhd has a Altman Z-Score of 2.24 indicating it is in Grey 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 2.24 mean?
JHM Consolidation Bhd (XKLS:0127) has a Altman Z-Score of 2.24 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on JHM Consolidation Bhd and its competitors. This is 54% below median its historical median of 4.90. Over the past decade, JHM Consolidation Bhd's Altman Z-Score has ranged from 1.81 to 11.45. According to the industry distribution chart, JHM Consolidation Bhd ranks #1755 out of 2456 companies in the Hardware industry, placing it in the top 71.5%.
Is JHM Consolidation Bhd's Altman Z-Score too high?
JHM Consolidation Bhd's current Altman Z-Score of 2.24 is 54% below median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 11.45. The Hardware industry median Altman Z-Score is 3.59. JHM Consolidation Bhd's value of 2.24 is 37.6% below this industry median. Based on the distribution chart, JHM Consolidation Bhd ranks #1755 out of 2456 companies in the Hardware industry, which is below the industry midpoint. Overall, JHM Consolidation Bhd has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JHM Consolidation Bhd's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, JHM Consolidation Bhd ranks #1755 out of 2456 companies for Altman Z-Score. This places JHM Consolidation Bhd in the lower half of its industry. The industry median Altman Z-Score is 3.59. JHM Consolidation Bhd's value of 2.24 is 37.6% below this benchmark. Historically, JHM Consolidation Bhd's own Altman Z-Score has ranged from 1.81 to 11.45 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 3.59, JHM Consolidation 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,456 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. JHM Consolidation Bhd's current Altman Z-Score of 2.24 is 37.6% 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 JHM Consolidation Bhd and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JHM Consolidation Bhd's current Altman Z-Score is 2.24, which is 54% below median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JHM Consolidation Bhd stock overvalued right now?
Based on GuruFocus' analysis, JHM Consolidation Bhd (XKLS:0127) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.70, compared to a current price of RM0.38 — trading 46.4% below its estimated fair value. The current Altman Z-Score is 2.24, which is 54% below median its 10-year median of 4.90 and 37.6% below the Hardware industry median of 3.59. JHM Consolidation Bhd's overall GF Score™ is 53/100 with 6 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 JHM Consolidation Bhd (XKLS:0127), the current Altman Z-Score is 2.24 as of Jul. 03, 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 JHM Consolidation Bhd (XKLS:0127) Overvalued in 2026?

Based on GuruFocus' analysis, JHM Consolidation Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 46.4% below its estimated GF Value™ of RM0.70. GuruFocus considers JHM Consolidation Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0127:

  • Altman Z-Score: 2.24 (54% below median its 10-year median of 4.90)
  • GF Value™: RM0.70 vs. price of RM0.38 (46.4% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 37.6% below the Hardware median (#1755 of 2456)

No single metric tells the full story. See the XKLS:0127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JHM Consolidation Bhd Business Description

Address 15-1-21 Bayan Point, Medan Kampung Relau, Bayan Lepas, PNG, MYS, 11900
JHM Consolidation Bhd is an investment holding company. It is engaged in manufacturing precision miniature engineering metal parts and components, assembly of electronic components using surface mount technology, assembly of automotive rear lighting, and production of light-emitting diode's application to support 3D effects. The business operates in three segments are Electronics business unit; the Mechanical business unit; and Others. The Electronics business unit segment that generates maximum revenue for the company engages in manufacturing Printed circuit board assemblies (PCBA) and electronic module assemblies. Geographically, markets for the company are the United States of America, Malaysia, Asia-Pacific, Europe, and Oceania.
53GF Score

Get the complete analysis for XKLS:0127

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

RM0.38
Price
RM0.70
GF Value