Wegmans Holdings Bhd (XKLS:0197) Altman Z-Score: 2.29 (As of Jun. 29, 2026) — 19% Below Median


What is Wegmans Holdings Bhd Altman Z-Score?

Wegmans Holdings Bhd XKLS:0197 Altman Z-Score is 2.29 as of Jun. 29, 2026, which is 19% below its 10-year median of 2.82. The stock has 4 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, Wegmans Holdings Bhd ranks worse than 62.12% 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 2.29 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.

Wegmans Holdings Bhd has a Altman Z-Score of 2.29, indicating it is in Grey Zones. This implies that Wegmans Holdings 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 Wegmans Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0197' s Altman Z-Score Range Over the Past 10 Years
Min: 1.61   Med: 2.82   Max: 4.8
Current: 2.29

During the past 12 years, Wegmans Holdings Bhd's highest Altman Z-Score was 4.80. The lowest was 1.61. And the median was 2.82.


Wegmans Holdings Bhd  (XKLS:0197) 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.


Wegmans Holdings Bhd Altman Z-Score Related Terms


Wegmans Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wegmans 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.

Wegmans Holdings Bhd Altman Z-Score Chart

Wegmans Holdings 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 2.02 2.90 2.75 2.49 2.30

Wegmans Holdings 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 2.39 2.36 2.40 2.30 2.19

XKLS:0197 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Wegmans 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.


Wegmans Holdings Bhd Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wegmans Holdings Bhd's Altman Z-Score distribution charts can be found below:

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



Wegmans 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.

Wegmans 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*0.2195+1.4*0.4837+3.3*0.0286+0.6*1.1149+1.0*0.5892
=2.29

* 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 RM181.1 Mil.
Total Current Assets was RM65.7 Mil.
Total Current Liabilities was RM25.9 Mil.
Retained Earnings was RM87.6 Mil.
Pre-Tax Income was -0.204 + 1.045 + 0.399 + 2.584 = RM3.8 Mil.
Interest Expense was -0.291 + -0.323 + -0.352 + -0.389 = RM-1.4 Mil.
Revenue was 26.867 + 24.461 + 24.509 + 30.885 = RM106.7 Mil.
Market Cap (Today) was RM51.8 Mil.
Total Liabilities was RM46.4 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
=(65.66 - 25.903)/181.131
=0.2195

X2=Retained Earnings/Total Assets
=87.607/181.131
=0.4837

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3.824 - -1.355)/181.131
=0.0286

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=51.785/46.449
=1.1149

X5=Revenue/Total Assets
=106.722/181.131
=0.5892

The zones of discrimination were as such:

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

Wegmans Holdings Bhd has a Altman Z-Score of 2.29 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 2.29 mean?
Wegmans Holdings Bhd (XKLS:0197) has a Altman Z-Score of 2.29 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wegmans Holdings Bhd and its competitors. This is 19% below median its historical median of 2.82. Over the past decade, Wegmans Holdings Bhd's Altman Z-Score has ranged from 1.61 to 4.80. According to the industry distribution chart, Wegmans Holdings Bhd ranks #264 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 62.1%.
Is Wegmans Holdings Bhd's Altman Z-Score too high?
Wegmans Holdings Bhd's current Altman Z-Score of 2.29 is 19% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 4.80. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.77. Wegmans Holdings Bhd's value of 2.29 is 17.3% below this industry median. Based on the distribution chart, Wegmans Holdings Bhd ranks #264 out of 425 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint.
How does Wegmans Holdings Bhd's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Wegmans Holdings Bhd ranks #264 out of 425 companies for Altman Z-Score. This places Wegmans Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.77. Wegmans Holdings Bhd's value of 2.29 is 17.3% below this benchmark. Historically, Wegmans Holdings Bhd's own Altman Z-Score has ranged from 1.61 to 4.80 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.77, Wegmans 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.77, based on 425 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. Wegmans Holdings Bhd's current Altman Z-Score of 2.29 is 17.3% 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 Wegmans Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wegmans Holdings Bhd's current Altman Z-Score is 2.29, which is 19% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wegmans Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wegmans Holdings Bhd (XKLS:0197) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.15, compared to a current price of RM0.10 — trading 36.7% below its estimated fair value. The current Altman Z-Score is 2.29, which is 19% below median its 10-year median of 2.82 and 17.3% below the Furnishings, Fixtures & Appliances industry median of 2.77. 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 Wegmans Holdings Bhd (XKLS:0197), the current Altman Z-Score is 2.29 as of Jun. 29, 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.

Wegmans Holdings Bhd Business Description

Address Jalan Kempas 3, Lot PTD 6967, Kawasan Perindustrian Bakri, Muar, JHR, MYS, 84200
Wegmans Holdings Bhd is a home furniture manufacturer. Its home furniture products are wood-based furniture, made from a variety of solid wood and composite wood materials such as rubberwood, veneer board, laminated board, and medium-density fibreboard. The Group offers a wide range of home furniture across the dining room, living room, and bedroom categories. Its reportable segments are: Furniture manufacturing, Hardware manufacturing, and Other. The majority of its revenue is generated from the Furniture manufacturing segment, which is involved in the business of design, manufacture, and sale of home furniture products. Geographically, the Group generates maximum revenue from North and South America, followed by Europe, Malaysia, Asia (excluding Malaysia), and Australasia.