Noesis Exed Bhd (XKLS:03071) Altman Z-Score: 1.66 (As of Jul. 17, 2026)

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XKLS:03071 Noesis Exed Bhd XKLS:03071
7 GF Score
Price RM1.46
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What is Noesis Exed Bhd Altman Z-Score?

Noesis Exed Bhd XKLS:03071 7 Altman Z-Score is 1.66 as of Jul. 17, 2026. GuruFocus rates XKLS:03071 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 248 Education companies, Noesis Exed Bhd ranks worse than 403225.4% 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.

Noesis Exed Bhd has a Altman Z-Score of 1.66, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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


Noesis Exed Bhd  (XKLS:03071) 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.


Noesis Exed Bhd Altman Z-Score Related Terms


Noesis Exed Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Noesis Exed 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.

Noesis Exed Bhd Altman Z-Score Chart

Noesis Exed Bhd Annual Data
Trend Jun24 Jun25
Altman Z-Score
0.00 0.00

Noesis Exed Bhd Semi-Annual Data
Jun24 Dec24 Jun25 Dec25
Altman Z-Score 0.00 0.00 0.00 0.00

XKLS:03071 vs EDU, TAL, LAUR: Altman Z-Score Comparison

For the Education & Training Services subindustry, Noesis Exed 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.


Noesis Exed Bhd Altman Z-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Noesis Exed Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:03071
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Noesis Exed Bhd XKLS:03071
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Noesis Exed 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.

Noesis Exed 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*-0.1448+1.4*-0.2925+3.3*0.1222+0.6*2.6151+1.0*0.2701
=1.66

* 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 Jun. 2025:
Total Assets was RM13.83 Mil.
Total Current Assets was RM6.31 Mil.
Total Current Liabilities was RM8.31 Mil.
Retained Earnings was RM-4.05 Mil.
Pre-Tax Income was RM1.39 Mil.
Interest Expense was RM-0.30 Mil.
Revenue was RM3.73 Mil.
Market Cap (Today) was RM29.00 Mil.
Total Liabilities was RM11.09 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
=(6.307 - 8.309)/13.827
=-0.1448

X2=Retained Earnings/Total Assets
=-4.045/13.827
=-0.2925

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.394 - -0.295)/13.827
=0.1222

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=28.999/11.089
=2.6151

X5=Revenue/Total Assets
=3.734/13.827
=0.2701

The zones of discrimination were as such:

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

Noesis Exed Bhd has a Altman Z-Score of 1.66 indicating it is in Distress 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 1.66 mean?
Noesis Exed Bhd (XKLS:03071) has a Altman Z-Score of 1.66 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Noesis Exed Bhd and its competitors. According to the industry distribution chart, Noesis Exed Bhd ranks #999999 out of 248 companies in the Education industry.
Is Noesis Exed Bhd's Altman Z-Score too high?
Noesis Exed Bhd's current Altman Z-Score is 1.66. The Education industry median Altman Z-Score is 2.31. Noesis Exed Bhd's value of 1.66 is 28% below this industry median. Based on the distribution chart, Noesis Exed Bhd ranks #999999 out of 248 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Noesis Exed Bhd has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Noesis Exed Bhd's Altman Z-Score compare to EDU and TAL?
According to the Education industry distribution chart, Noesis Exed Bhd ranks #999999 out of 248 companies for Altman Z-Score. This places Noesis Exed Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.31. Noesis Exed Bhd's value of 1.66 is 28% below this benchmark. 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 an Education company?
The median Altman Z-Score among Education companies is 2.31, based on 248 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. Noesis Exed Bhd's current Altman Z-Score of 1.66 is 28% 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 Noesis Exed Bhd and its competitors. For the Education industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noesis Exed Bhd's current Altman Z-Score is 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noesis Exed Bhd stock overvalued right now?
Noesis Exed Bhd (XKLS:03071) has a current Altman Z-Score of 1.66. The current Altman Z-Score is 1.66 and 28% below the Education industry median of 2.31. Noesis Exed Bhd's overall GF Score™ is 7/100 with 1 warning sign 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 Noesis Exed Bhd (XKLS:03071), the current Altman Z-Score is 1.66 as of Jul. 17, 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.

Noesis Exed Bhd Business Description

Address Block V02, Level 5, Units 08, V Office 2, Lingkaran SV, Sunway Velocity, Maluri, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Noesis Exed Bhd is principally involved in the business training and provision of any other training services. The company offers professional certification preparatory courses, including CFA, CIMA, CIM, CPA Australia, FRM and CIA programmes and other training. These are the company's business segments. The maximum revenue is derived from CFA. Its operating segments include (i) Education services and ii) Property investment. The majority of the revenue is derived from the Education services segment, which is involved in the provision of education and related services, including training courses and other education-related activities. Geographically, it generates the maximum revenue from Malaysia and the rest from Singapore.
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