Lim Seong Hai Capital Bhd (XKLS:0351) Altman Z-Score: 6.82 (As of Jul. 06, 2026) — 82% Above Median


XKLS:0351 Lim Seong Hai Capital Bhd XKLS:0351
86 GF Score
Price RM1.75
GF Value RM1.31
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Lim Seong Hai Capital Bhd Altman Z-Score?

Lim Seong Hai Capital Bhd XKLS:0351 +1.16% 86 Altman Z-Score is 6.82 as of Jul. 06, 2026, which is 82% above its 10-year median of 3.75. GuruFocus rates XKLS:0351 with a GF Score™ of 86/100 and a GF Value™ of RM1.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,754 Construction companies, Lim Seong Hai Capital Bhd ranks better than 91.51% 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 6.77 is strong.

Lim Seong Hai Capital Bhd has a Altman Z-Score of 6.82, 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 Lim Seong Hai Capital Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0351' s Altman Z-Score Range Over the Past 10 Years
Min: 2.75   Med: 3.75   Max: 6.82
Current: 6.77

During the past 7 years, Lim Seong Hai Capital Bhd's highest Altman Z-Score was 6.82. The lowest was 2.75. And the median was 3.75.


Lim Seong Hai Capital Bhd  (XKLS:0351) 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.


Lim Seong Hai Capital Bhd Altman Z-Score Related Terms


Lim Seong Hai Capital Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lim Seong Hai Capital 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.

Lim Seong Hai Capital Bhd Altman Z-Score Chart

Lim Seong Hai Capital Bhd Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial 5.70 2.75 3.66 4.21 6.22

Lim Seong Hai Capital Bhd Quarterly Data
Sep19 Dec19 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only Premium Member Only 3.80 3.95 6.22 6.23 6.82

XKLS:0351 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Lim Seong Hai Capital 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.


Lim Seong Hai Capital Bhd Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Lim Seong Hai Capital Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Lim Seong Hai Capital Bhd's Altman Z-Score falls into.


XKLS:0351
86GF Score
Lim Seong Hai Capital Bhd XKLS:0351
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lim Seong Hai Capital 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.

Lim Seong Hai Capital 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*0.5501+1.4*0.2973+3.3*0.1786+0.6*7.6238+1.0*0.581
=6.82

* 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 RM876.8 Mil.
Total Current Assets was RM641.1 Mil.
Total Current Liabilities was RM158.7 Mil.
Retained Earnings was RM260.6 Mil.
Pre-Tax Income was 31.153 + 36.661 + 53.419 + 33.83 = RM155.1 Mil.
Interest Expense was -0.434 + -0.384 + -0.247 + -0.476 = RM-1.5 Mil.
Revenue was 99.446 + 154.268 + 133.84 + 121.884 = RM509.4 Mil.
Market Cap (Today) was RM1,467.1 Mil.
Total Liabilities was RM192.4 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
=(641.067 - 158.745)/876.782
=0.5501

X2=Retained Earnings/Total Assets
=260.625/876.782
=0.2973

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(155.063 - -1.541)/876.782
=0.1786

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1467.130/192.441
=7.6238

X5=Revenue/Total Assets
=509.438/876.782
=0.581

The zones of discrimination were as such:

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

Lim Seong Hai Capital Bhd has a Altman Z-Score of 6.82 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 6.82 mean?
Lim Seong Hai Capital Bhd (XKLS:0351) has a Altman Z-Score of 6.82 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lim Seong Hai Capital Bhd and its competitors. This is 82% above median its historical median of 3.75. Over the past decade, Lim Seong Hai Capital Bhd's Altman Z-Score has ranged from 2.75 to 6.82. According to the industry distribution chart, Lim Seong Hai Capital Bhd ranks #149 out of 1754 companies in the Construction industry, placing it in the top 8.5%.
Is Lim Seong Hai Capital Bhd's Altman Z-Score too high?
Lim Seong Hai Capital Bhd's current Altman Z-Score of 6.82 is 82% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 6.82. The Construction industry median Altman Z-Score is 2.34. Lim Seong Hai Capital Bhd's value of 6.82 is 192.1% above this industry median. Based on the distribution chart, Lim Seong Hai Capital Bhd ranks #149 out of 1754 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lim Seong Hai Capital Bhd has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lim Seong Hai Capital Bhd's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Lim Seong Hai Capital Bhd ranks #149 out of 1754 companies for Altman Z-Score. This places Lim Seong Hai Capital Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.34. Lim Seong Hai Capital Bhd's value of 6.82 is 192.1% above this benchmark. Historically, Lim Seong Hai Capital Bhd's own Altman Z-Score has ranged from 2.75 to 6.82 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.34, Lim Seong Hai Capital 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 Construction company?
The median Altman Z-Score among Construction companies is 2.34, based on 1,754 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. Lim Seong Hai Capital Bhd's current Altman Z-Score of 6.82 is 192.1% 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 Lim Seong Hai Capital Bhd and its competitors. For the Construction industry, the median Altman Z-Score is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lim Seong Hai Capital Bhd's current Altman Z-Score is 6.82, which is 82% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lim Seong Hai Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lim Seong Hai Capital Bhd (XKLS:0351) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.31, compared to a current price of RM1.75 — trading 33.6% above its estimated fair value. The current Altman Z-Score is 6.82, which is 82% above median its 10-year median of 3.75 and 192.1% above the Construction industry median of 2.34. Lim Seong Hai Capital Bhd's overall GF Score™ is 86/100 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 Lim Seong Hai Capital Bhd (XKLS:0351), the current Altman Z-Score is 6.82 as of Jul. 06, 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 Lim Seong Hai Capital Bhd (XKLS:0351) Overvalued in 2026?

Based on GuruFocus' analysis, Lim Seong Hai Capital Bhd stock appears to be overvalued. The current stock price of RM1.75 is trading 33.6% above its estimated GF Value™ of RM1.31. GuruFocus considers Lim Seong Hai Capital Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0351:

  • Altman Z-Score: 6.82 (82% above median its 10-year median of 3.75)
  • GF Value™: RM1.31 vs. price of RM1.75 (33.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 192.1% above the Construction median (#149 of 1754)

No single metric tells the full story. See the XKLS:0351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lim Seong Hai Capital Bhd Business Description

Address 33 Jalan Gombak, Wisma Lim Seong Hai, Wilayah Persekutuan, Kuala Lumpur, MYS, 53000
Lim Seong Hai Capital Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the following reportable segments: i) distribution and/or retail of building materials, lighting products and related mechanical and electrical products and services, ii) wholesale and retail of hardware and tools, and rental of machinery, iii) investment holding, iv) business of construction, v) provision of construction and business related services & solutions, vi) property development, vii) facilities management, and viii) companies which are in dormant status. The majority of the company's revenue is derived from the property development segment. Geographically, the company operates predominantly in Malaysia.
86GF Score

Get the complete analysis for XKLS:0351

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.75
Price
RM1.31
GF Value