Oppstar Bhd (XKLS:0275) Altman Z-Score: 42.17 (As of Jul. 03, 2026) — 15% Below Median


XKLS:0275 Oppstar Bhd XKLS:0275
50 GF Score
Price RM0.64
GF Value RM0.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Oppstar Bhd Altman Z-Score?

Oppstar Bhd XKLS:0275 +0.79% 50 Altman Z-Score is 42.17 as of Jul. 03, 2026, which is 15% below its 10-year median of 49.76. GuruFocus rates XKLS:0275 with a GF Score™ of 50/100 and a GF Value™ of RM0.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Semiconductors companies, Oppstar Bhd ranks better than 91.92% 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 40.22 is strong.

Oppstar Bhd has a Altman Z-Score of 42.17, 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 Oppstar Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0275' s Altman Z-Score Range Over the Past 10 Years
Min: 14.89   Med: 49.76   Max: 173.94
Current: 40.22

During the past 7 years, Oppstar Bhd's highest Altman Z-Score was 173.94. The lowest was 14.89. And the median was 49.76.


Oppstar Bhd  (XKLS:0275) 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.


Oppstar Bhd Altman Z-Score Related Terms


Oppstar Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Oppstar 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.

Oppstar Bhd Altman Z-Score Chart

Oppstar Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 173.94 52.25 47.26 14.89

Oppstar Bhd Quarterly Data
Mar20 Mar21 Mar22 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 47.26 37.23 39.42 17.64 14.89

XKLS:0275 vs NVDA, AVGO, MU: Altman Z-Score Comparison

For the Semiconductors subindustry, Oppstar 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.


Oppstar Bhd Altman Z-Score vs Semiconductors Industry

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

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


XKLS:0275
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Oppstar Bhd XKLS:0275
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Oppstar 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.

Oppstar 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*0.9054+1.4*0.0875+3.3*-0.1271+0.6*68.5036+1.0*0.2736
=42.17

* 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 RM126.24 Mil.
Total Current Assets was RM118.84 Mil.
Total Current Liabilities was RM4.55 Mil.
Retained Earnings was RM11.04 Mil.
Pre-Tax Income was -6.732 + -2.265 + -3.233 + -3.927 = RM-16.16 Mil.
Interest Expense was -0.031 + -0.036 + -0.025 + -0.026 = RM-0.12 Mil.
Revenue was 10.506 + 8.695 + 7.378 + 7.957 = RM34.54 Mil.
Market Cap (Today) was RM409.86 Mil.
Total Liabilities was RM5.98 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
=(118.84 - 4.549)/126.239
=0.9054

X2=Retained Earnings/Total Assets
=11.042/126.239
=0.0875

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-16.157 - -0.118)/126.239
=-0.1271

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=409.857/5.983
=68.5036

X5=Revenue/Total Assets
=34.536/126.239
=0.2736

The zones of discrimination were as such:

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

Oppstar Bhd has a Altman Z-Score of 42.17 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 42.17 mean?
Oppstar Bhd (XKLS:0275) has a Altman Z-Score of 42.17 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oppstar Bhd and its competitors. This is 15% below median its historical median of 49.76. Over the past decade, Oppstar Bhd's Altman Z-Score has ranged from 14.89 to 173.94. According to the industry distribution chart, Oppstar Bhd ranks #82 out of 1015 companies in the Semiconductors industry, placing it in the top 8.1%.
Is Oppstar Bhd's Altman Z-Score too high?
Oppstar Bhd's current Altman Z-Score of 42.17 is 15% below median its 10-year median of 49.76. Over the past 10 years, this metric has ranged from a low of 14.89 to a high of 173.94. The Semiconductors industry median Altman Z-Score is 5.26. Oppstar Bhd's value of 42.17 is 701.7% above this industry median. Based on the distribution chart, Oppstar Bhd ranks #82 out of 1015 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Oppstar Bhd has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oppstar Bhd's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Oppstar Bhd ranks #82 out of 1015 companies for Altman Z-Score. This places Oppstar Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.26. Oppstar Bhd's value of 42.17 is 701.7% above this benchmark. Historically, Oppstar Bhd's own Altman Z-Score has ranged from 14.89 to 173.94 over the past decade. While the company's 10-year median is 49.76 vs. the industry median of 5.26, Oppstar 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.26, based on 1,015 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. Oppstar Bhd's current Altman Z-Score of 42.17 is 701.7% 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 Oppstar Bhd and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oppstar Bhd's current Altman Z-Score is 42.17, which is 15% below median its own 10-year median of 49.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oppstar Bhd stock overvalued right now?
Based on GuruFocus' analysis, Oppstar Bhd (XKLS:0275) is currently considered Fairly Valued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.64 — trading 4.1% above its estimated fair value. The current Altman Z-Score is 42.17, which is 15% below median its 10-year median of 49.76 and 701.7% above the Semiconductors industry median of 5.26. Oppstar Bhd's overall GF Score™ is 50/100 with 3 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 Oppstar Bhd (XKLS:0275), the current Altman Z-Score is 42.17 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 Oppstar Bhd (XKLS:0275) Overvalued in 2026?

Based on GuruFocus' analysis, Oppstar Bhd stock appears to be overvalued. The current stock price of RM0.64 is trading 4.1% above its estimated GF Value™ of RM0.61. GuruFocus considers Oppstar Bhd to be Fairly Valued.

Key valuation signals for XKLS:0275:

  • Altman Z-Score: 42.17 (15% below median its 10-year median of 49.76)
  • GF Value™: RM0.61 vs. price of RM0.64 (4.1% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 701.7% above the Semiconductors median (#82 of 1015)

No single metric tells the full story. See the XKLS:0275 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oppstar Bhd Business Description

Address Sains USM 10, Persiaran Bukit Jambul, Level 6, I2U Building, Bayan Lepas, PNG, MYS, 11900
Oppstar Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of IC design services covering front-end design, back-end design, and complete turnkey solutions. The company also provides other related services such as post-silicon validation services, software and engineering solutions, research and development in engineering and technology, provision of sales and marketing services, technical support, and other related services. The group's business segments include: Turnkey Design Services, Specific Design Services, Post-Silicon Validation, and Sales of semiconductor wafers and components. Geographically, the company generates a majority of its revenue from Northeast Asia and the rest from Southeast Asia.
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RM0.61
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