Vetece Holdings BhdXKLS:0319 21 Altman Z-Score is 10.04 as of Jul. 03, 2026, which is 47% below its 10-year median of 18.82. GuruFocus rates XKLS:0319 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 2,766 Software companies, Vetece Holdings Bhd ranks better than 87.92% 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 10.21 is strong.
Vetece Holdings Bhd has a Altman Z-Score of 10.04, 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 Vetece Holdings Bhd's Altman Z-Score or its related term are showing as below:
XKLS:0319'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.02 Med: 18.82 Max: 40.31
Current: 10.21
During the past 5 years, Vetece Holdings Bhd's highest Altman Z-Score was 40.31. The lowest was 4.02. And the median was 18.82.
Vetece Holdings Bhd (XKLS:0319) 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.
Altman Z-Score does not apply to financial companies.
Vetece Holdings Bhd Altman Z-Score Related Terms
Vetece Holdings Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Vetece 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.
XKLS:0319 vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Vetece 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.
Vetece Holdings Bhd Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Vetece Holdings Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Vetece Holdings Bhd's Altman Z-Score falls into.
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.
Vetece 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
*
0.7214
+
1.4
*
0.3343
+
3.3
*
0.104
+
0.6
*
13.0537
+
1.0
*
0.5314
=
10.04
* 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.
Vetece Holdings Bhd (XKLS:0319) has a Altman Z-Score of 10.04 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vetece Holdings Bhd and its competitors. This is 47% below median its historical median of 18.82. Over the past decade, Vetece Holdings Bhd's Altman Z-Score has ranged from 4.02 to 40.31. According to the industry distribution chart, Vetece Holdings Bhd ranks #334 out of 2766 companies in the Software industry, placing it in the top 12.1%.
Is Vetece Holdings Bhd's Altman Z-Score too high?
Vetece Holdings Bhd's current Altman Z-Score of 10.04 is 47% below median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 40.31. The Software industry median Altman Z-Score is 3.11. Vetece Holdings Bhd's value of 10.04 is 222.8% above this industry median. Based on the distribution chart, Vetece Holdings Bhd ranks #334 out of 2766 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Vetece Holdings Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Vetece Holdings Bhd's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Vetece Holdings Bhd ranks #334 out of 2766 companies for Altman Z-Score. This places Vetece Holdings Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.11. Vetece Holdings Bhd's value of 10.04 is 222.8% above this benchmark. Historically, Vetece Holdings Bhd's own Altman Z-Score has ranged from 4.02 to 40.31 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 3.11, Vetece Holdings 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 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. Vetece Holdings Bhd's current Altman Z-Score of 10.04 is 222.8% 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 Vetece Holdings Bhd and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetece Holdings Bhd's current Altman Z-Score is 10.04, which is 47% below median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetece Holdings Bhd stock overvalued right now?
Vetece Holdings Bhd (XKLS:0319) has a current Altman Z-Score of 10.04. The current Altman Z-Score is 10.04, which is 47% below median its 10-year median of 18.82 and 222.8% above the Software industry median of 3.11. Vetece Holdings Bhd's overall GF Score™ is 21/100 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 Vetece Holdings Bhd (XKLS:0319), the current Altman Z-Score is 10.04 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.
Vetece Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is principally an information technology (IT) solutions provider, providing implementation services, maintenance, support, and professional services as well as the resale of hardware and software. It offers comprehensive end-to-end technology services, specializing in AI and data solutions, consulting, development, operation, testing, and maintenance. The company's operating segments are: Implementation services, Maintenance, support and professional services, and Resale of hardware and software. The majority of the revenue is derived from the Implementation services segment, which involves providing IT services to its clients.
21GF Score
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