KJTS Group Bhd (XKLS:0293) Altman Z-Score: 8.08 (As of Jun. 29, 2026) — 31% Below Median


XKLS:0293 KJTS Group Bhd XKLS:0293
48 GF Score
Price RM0.72
! 2 Warning Signs
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What is KJTS Group Bhd Altman Z-Score?

KJTS Group Bhd XKLS:0293 -2.70% 48 Altman Z-Score is 8.08 as of Jun. 29, 2026, which is 31% below its 10-year median of 11.78. GuruFocus rates XKLS:0293 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 1,059 Business Services companies, KJTS Group Bhd ranks better than 89.05% 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 8.08 is strong.

KJTS Group Bhd has a Altman Z-Score of 8.08, 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 KJTS Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0293' s Altman Z-Score Range Over the Past 10 Years
Min: 8.08   Med: 11.78   Max: 14.38
Current: 8.08

During the past 6 years, KJTS Group Bhd's highest Altman Z-Score was 14.38. The lowest was 8.08. And the median was 11.78.


KJTS Group Bhd  (XKLS:0293) 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.


KJTS Group Bhd Altman Z-Score Related Terms


KJTS Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for KJTS Group 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.

KJTS Group Bhd Altman Z-Score Chart

KJTS Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 11.88 10.97

KJTS Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Jul23 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 11.89 13.59 14.38 10.97 8.38

XKLS:0293 vs CTAS, CPRT, ULS: Altman Z-Score Comparison

For the Specialty Business Services subindustry, KJTS 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.


KJTS Group Bhd Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, KJTS Group Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:0293
48GF Score
KJTS Group Bhd XKLS:0293
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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KJTS 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.

KJTS Group 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*0.5377+1.4*0.346+3.3*0.1398+0.6*8.9082+1.0*1.1428
=8.08

* 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 RM194.0 Mil.
Total Current Assets was RM152.6 Mil.
Total Current Liabilities was RM48.3 Mil.
Retained Earnings was RM67.1 Mil.
Pre-Tax Income was 6.333 + 6.487 + 8.227 + 5.39 = RM26.4 Mil.
Interest Expense was -0.162 + -0.173 + -0.189 + -0.164 = RM-0.7 Mil.
Revenue was 55.906 + 63.772 + 58.006 + 44.057 = RM221.7 Mil.
Market Cap (Today) was RM497.2 Mil.
Total Liabilities was RM55.8 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
=(152.579 - 48.256)/194.027
=0.5377

X2=Retained Earnings/Total Assets
=67.135/194.027
=0.346

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(26.437 - -0.688)/194.027
=0.1398

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=497.239/55.818
=8.9082

X5=Revenue/Total Assets
=221.741/194.027
=1.1428

The zones of discrimination were as such:

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

KJTS Group Bhd has a Altman Z-Score of 8.08 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 8.08 mean?
KJTS Group Bhd (XKLS:0293) has a Altman Z-Score of 8.08 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on KJTS Group Bhd and its competitors. This is 31% below median its historical median of 11.78. Over the past decade, KJTS Group Bhd's Altman Z-Score has ranged from 8.08 to 14.38. According to the industry distribution chart, KJTS Group Bhd ranks #116 out of 1059 companies in the Business Services industry, placing it in the top 11%.
Is KJTS Group Bhd's Altman Z-Score too high?
KJTS Group Bhd's current Altman Z-Score of 8.08 is 31% below median its 10-year median of 11.78. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 14.38. The Business Services industry median Altman Z-Score is 2.97. KJTS Group Bhd's value of 8.08 is 172.1% above this industry median. Based on the distribution chart, KJTS Group Bhd ranks #116 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, KJTS Group Bhd has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does KJTS Group Bhd's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, KJTS Group Bhd ranks #116 out of 1059 companies for Altman Z-Score. This places KJTS Group Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. KJTS Group Bhd's value of 8.08 is 172.1% above this benchmark. Historically, KJTS Group Bhd's own Altman Z-Score has ranged from 8.08 to 14.38 over the past decade. While the company's 10-year median is 11.78 vs. the industry median of 2.97, KJTS 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,059 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. KJTS Group Bhd's current Altman Z-Score of 8.08 is 172.1% 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 KJTS Group Bhd and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KJTS Group Bhd's current Altman Z-Score is 8.08, which is 31% below median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KJTS Group Bhd stock overvalued right now?
KJTS Group Bhd (XKLS:0293) has a current Altman Z-Score of 8.08. The current Altman Z-Score is 8.08, which is 31% below median its 10-year median of 11.78 and 172.1% above the Business Services industry median of 2.97. KJTS Group Bhd's overall GF Score™ is 48/100 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 KJTS Group Bhd (XKLS:0293), the current Altman Z-Score is 8.08 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.

KJTS Group Bhd Business Description

Address Damansara Heights, Level 3, Suite 3.03, Wisma E&C No. 2, Lorong Dungun Kiri, Kuala Lumpur, SGR, MYS, 50490
KJTS Group Bhd is a provider of building support services focusing on providing cooling energy, cleaning services, facilities management, and Investment. Cooling Energy provides cooling energy management services, and EPCC includes new, retrofitting, and/or upgrading of cooling energy systems, Cleaning services are focused on ensuring the cleanliness, tidiness, and hygiene of buildings and facilities, Facilities management is focused on the repair and maintenance of machinery and equipment, process utilities including plumbing, drainage and sewerage, and F&B and retail outlet equipment, and Investment segment is for Investment holding. Maximum revenue is generated from the Cooling Energy process.
48GF Score

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