Nova Wellness Group BhdXKLS:0201 58 Altman Z-Score is 10.47 as of Jun. 29, 2026, which is 7% below its 10-year median of 11.30. GuruFocus rates XKLS:0201 with a GF Score™ of 58/100 and a GF Value™ of RM0.52 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, Nova Wellness Group Bhd ranks better than 92.02% 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 10.47 is strong.
Nova Wellness Group Bhd has a Altman Z-Score of 10.47, 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 Nova Wellness Group Bhd's Altman Z-Score or its related term are showing as below:
XKLS:0201'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.75 Med: 11.3 Max: 18.69
Current: 10.47
During the past 11 years, Nova Wellness Group Bhd's highest Altman Z-Score was 18.69. The lowest was 1.75. And the median was 11.30.
Nova Wellness Group Bhd (XKLS:0201) 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.
* 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 Packaged Foods subindustry, Nova Wellness Group 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.
Nova Wellness Group Bhd Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nova Wellness Group Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nova Wellness Group Bhd's Altman Z-Score falls into.
Nova Wellness Group 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.
* 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.
Nova Wellness Group Bhd (XKLS:0201) has a Altman Z-Score of 10.47 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nova Wellness Group Bhd and its competitors. This is near median its historical median of 11.30. Over the past decade, Nova Wellness Group Bhd's Altman Z-Score has ranged from 1.75 to 18.69. According to the industry distribution chart, Nova Wellness Group Bhd ranks #154 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 8%.
Is Nova Wellness Group Bhd's Altman Z-Score too high?
Nova Wellness Group Bhd's current Altman Z-Score of 10.47 is near median its 10-year median of 11.30. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 18.69. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Nova Wellness Group Bhd's value of 10.47 is 270% above this industry median. Based on the distribution chart, Nova Wellness Group Bhd ranks #154 out of 1931 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nova Wellness Group Bhd has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nova Wellness Group Bhd's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nova Wellness Group Bhd ranks #154 out of 1931 companies for Altman Z-Score. This places Nova Wellness Group Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. Nova Wellness Group Bhd's value of 10.47 is 270% above this benchmark. Historically, Nova Wellness Group Bhd's own Altman Z-Score has ranged from 1.75 to 18.69 over the past decade. While the company's 10-year median is 11.30 vs. the industry median of 2.83, Nova Wellness 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 Z-Score for a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,931 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. Nova Wellness Group Bhd's current Altman Z-Score of 10.47 is 270% 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 Nova Wellness Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Wellness Group Bhd's current Altman Z-Score is 10.47, which is near median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Wellness Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova Wellness Group Bhd (XKLS:0201) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.52, compared to a current price of RM0.34 — trading 35.6% below its estimated fair value. The current Altman Z-Score is 10.47, which is near median its 10-year median of 11.30 and 270% above the Consumer Packaged Goods industry median of 2.83. Nova Wellness Group Bhd's overall GF Score™ is 58/100 with 5 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 Nova Wellness Group Bhd (XKLS:0201), the current Altman Z-Score is 10.47 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.
Is Nova Wellness Group Bhd (XKLS:0201) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Wellness Group Bhd stock appears to be undervalued.
The current stock price of RM0.34 is trading 35.6% below its estimated GF Value™ of RM0.52.
GuruFocus considers Nova Wellness Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0201:
Altman Z-Score: 10.47 (near median its 10-year median of 11.30)
GF Value™: RM0.52 vs. price of RM0.34 (35.6% below fair value)
Industry Position: 270% above the Consumer Packaged Goods median (#154 of 1931)
No single metric tells the full story. See the XKLS:0201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Wellness Group Bhd is engaged in the development, production, and sale of nutraceutical products and skincare products, and provides contract manufacturing of nutraceutical products. Natural Supplements, Nova Kids, Nutritional Products, Health Foods, Medical Nutrition, Personal Care, Personal Protection, Gift Of Health, and Aromatherapy. The company operates into two segments: the House-brand products segment and the Contract manufacturing and service segment. Maximum revenue is generated from the House-brand products segment.
58GF Score
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