Teamstar BhdXKLS:0393 17 Altman Z-Score is 5.99 as of Jul. 07, 2026. GuruFocus rates XKLS:0393 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Teamstar Bhd ranks better than 83.57% 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 5.99 is strong.
Teamstar Bhd has a Altman Z-Score of 5.99, 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 Teamstar Bhd's Altman Z-Score or its related term are showing as below:
XKLS:0393'
s Altman Z-Score Range Over the Past 10 Years
Min: 0 Med: 0 Max: 5.99
Current: 5.99
During the past 3 years, Teamstar Bhd's highest Altman Z-Score was 5.99. The lowest was 0.00. And the median was 0.00.
Teamstar Bhd (XKLS:0393) 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.
Teamstar Bhd Altman Z-Score Related Terms
Teamstar Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Teamstar 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.
Teamstar Bhd Altman Z-Score Chart
Teamstar Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Altman Z-Score
0.00
0.00
0.00
Teamstar Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Altman Z-Score
0.00
0.00
0.00
XKLS:0393 vs SN, SGI, MHK: Altman Z-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Teamstar 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.
Teamstar Bhd Altman Z-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Teamstar Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Teamstar 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.
Teamstar 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
*
0.2889
+
1.4
*
0.3339
+
3.3
*
0.266
+
0.6
*
4.6439
+
1.0
*
1.5074
=
5.99
* 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.
Teamstar Bhd (XKLS:0393) has a Altman Z-Score of 5.99 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Teamstar Bhd and its competitors. According to the industry distribution chart, Teamstar Bhd ranks #70 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 16.4%.
Is Teamstar Bhd's Altman Z-Score too high?
Teamstar Bhd's current Altman Z-Score is 5.99. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.81. Teamstar Bhd's value of 5.99 is 113.5% above this industry median. Based on the distribution chart, Teamstar Bhd ranks #70 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Teamstar Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Teamstar Bhd's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Teamstar Bhd ranks #70 out of 426 companies for Altman Z-Score. This places Teamstar Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.81. Teamstar Bhd's value of 5.99 is 113.5% 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 a Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.81, based on 426 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. Teamstar Bhd's current Altman Z-Score of 5.99 is 113.5% 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 Teamstar Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamstar Bhd's current Altman Z-Score is 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamstar Bhd stock overvalued right now?
Teamstar Bhd (XKLS:0393) has a current Altman Z-Score of 5.99. The current Altman Z-Score is 5.99 and 113.5% above the Furnishings, Fixtures & Appliances industry median of 2.81. Teamstar Bhd's overall GF Score™ is 17/100 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 Teamstar Bhd (XKLS:0393), the current Altman Z-Score is 5.99 as of Jul. 07, 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.
Teamstar Bhd is an investment holding company. Along with its subsidiaries, the company is involved in the retail sale of furniture fittings and general hardware, and kitchen and home appliances; trading of furniture fittings; as well as the provision of value-added services such as slitting of edge banding jumbo rolls and the mixing and sale of coatings and solvents. The company offers products through its retail channel (retail outlets) and through online channels (electronic commerce sites such as Lazada, Shopee, and TikTok Shop). Its business segments include Retail and Trading, and value-added. The majority of the company's revenue is derived from the Retail segment. Geographically, it operates only in Malaysia.
17GF Score
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