Ambest Group Bhd (XKLS:0391) Altman Z-Score: 7.88 (As of Jul. 08, 2026)


XKLS:0391 Ambest Group Bhd XKLS:0391
12 GF Score
Price RM0.88
! 5 Warning Signs
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What is Ambest Group Bhd Altman Z-Score?

Ambest Group Bhd XKLS:0391 12 Altman Z-Score is 7.88 as of Jul. 08, 2026. GuruFocus rates XKLS:0391 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Ambest Group Bhd ranks better than 73.4% 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.

Good Sign:

Altman Z-score of 5.75 is strong.

Ambest Group Bhd has a Altman Z-Score of 7.88, 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 Ambest Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0391' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.75
Current: 5.75

During the past 3 years, Ambest Group Bhd's highest Altman Z-Score was 5.75. The lowest was 0.00. And the median was 0.00.


Ambest Group Bhd  (XKLS:0391) 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.


Ambest Group Bhd Altman Z-Score Related Terms


Ambest Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ambest 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.

Ambest Group Bhd Altman Z-Score Chart

Ambest Group Bhd Annual Data
Trend Dec22 Dec23 Dec24
Altman Z-Score
0.00 0.00 0.00

Ambest Group Bhd Quarterly Data
Dec22 Dec23 Dec24 Sep25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 0.00

XKLS:0391 vs CRS, ATI, MLI: Altman Z-Score Comparison

For the Metal Fabrication subindustry, Ambest 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.


Ambest Group Bhd Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ambest Group Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:0391
12GF Score
Ambest Group Bhd XKLS:0391
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ambest 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.

Ambest 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*0.1027+1.4*0.3309+3.3*0.0497+0.6*11.2563+1.0*0.3711
=7.88

* 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 RM102.34 Mil.
Total Current Assets was RM46.91 Mil.
Total Current Liabilities was RM36.41 Mil.
Retained Earnings was RM33.86 Mil.
Pre-Tax Income was 1.212 + 0 + 3.131 + 0 = RM4.34 Mil.
Interest Expense was -0.358 + 0 + -0.39 + 0 = RM-0.75 Mil.
Revenue was 20.367 + 0 + 17.606 + 0 = RM37.97 Mil.
Market Cap (Today) was RM448.80 Mil.
Total Liabilities was RM39.87 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
=(46.913 - 36.405)/102.335
=0.1027

X2=Retained Earnings/Total Assets
=33.863/102.335
=0.3309

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4.343 - -0.748)/102.335
=0.0497

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=448.800/39.871
=11.2563

X5=Revenue/Total Assets
=37.973/102.335
=0.3711

The zones of discrimination were as such:

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

Ambest Group Bhd has a Altman Z-Score of 7.88 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 7.88 mean?
Ambest Group Bhd (XKLS:0391) has a Altman Z-Score of 7.88 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ambest Group Bhd and its competitors. According to the industry distribution chart, Ambest Group Bhd ranks #800 out of 3007 companies in the Industrial Products industry, placing it in the top 26.6%.
Is Ambest Group Bhd's Altman Z-Score too high?
Ambest Group Bhd's current Altman Z-Score is 7.88. The Industrial Products industry median Altman Z-Score is 3.38. Ambest Group Bhd's value of 7.88 is 133.1% above this industry median. Based on the distribution chart, Ambest Group Bhd ranks #800 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ambest Group Bhd has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ambest Group Bhd's Altman Z-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ambest Group Bhd ranks #800 out of 3007 companies for Altman Z-Score. This puts Ambest Group Bhd in the upper half of its industry. The industry median Altman Z-Score is 3.38. Ambest Group Bhd's value of 7.88 is 133.1% above 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.38, based on 3,007 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. Ambest Group Bhd's current Altman Z-Score of 7.88 is 133.1% 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 Ambest Group Bhd and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambest Group Bhd's current Altman Z-Score is 7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambest Group Bhd stock overvalued right now?
Ambest Group Bhd (XKLS:0391) has a current Altman Z-Score of 7.88. The current Altman Z-Score is 7.88 and 133.1% above the Industrial Products industry median of 3.38. Ambest Group Bhd's overall GF Score™ is 12/100 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 Ambest Group Bhd (XKLS:0391), the current Altman Z-Score is 7.88 as of Jul. 08, 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.

Ambest Group Bhd Business Description

Address No. 9, 11 & 42A, Jalan Damar, Batu Maung, PNG, MYS, 11960
Ambest Group Bhd is an investment holding company. Through its subsidiaries, it operates as an engineering supporting services provider that provides precision machining, to customers in the semiconductor industry. The company also offers additional processes such as sub-modular assembly and surface finishing treatment. The company's business segments are: (i) Precision machining, and (ii) Sheet metal fabrication. The majority of the company's revenue is derived from the Precision machining segment, which involves various processes of working with metal such as milling, turning, and turn-milling to produce precision-machined parts and components.
12GF Score

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