HSS Holdings Bhd (XKLS:0460) Altman Z-Score: 2.42 (As of Jun. 29, 2026)


What is HSS Holdings Bhd Altman Z-Score?

HSS Holdings Bhd XKLS:0460 Altman Z-Score is 2.42 as of Jun. 29, 2026. Among 1,931 Consumer Packaged Goods companies, HSS Holdings Bhd ranks worse than 51786.59% 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.

HSS Holdings Bhd has a Altman Z-Score of 2.42, indicating it is in Grey Zones. This implies that HSS Holdings Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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


HSS Holdings Bhd  (XKLS:0460) 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.


HSS Holdings Bhd Altman Z-Score Related Terms


HSS Holdings Bhd Altman Z-Score Historical Data

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The historical data trend for HSS 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.

HSS Holdings Bhd Altman Z-Score Chart

HSS Holdings Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 0.00

HSS Holdings Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Altman Z-Score 0.00 0.00 0.00 0.00

XKLS:0460 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, HSS 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.


HSS Holdings Bhd Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HSS Holdings Bhd's Altman Z-Score distribution charts can be found below:

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



HSS Holdings 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.

HSS 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*0.1028+1.4*0+3.3*0.1205+0.6*1.1156+1.0*1.2343
=2.42

* 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 Dec. 2025:
Total Assets was RM117.0 Mil.
Total Current Assets was RM70.2 Mil.
Total Current Liabilities was RM58.1 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was RM11.9 Mil.
Interest Expense was RM-2.2 Mil.
Revenue was RM144.4 Mil.
Market Cap (Today) was RM82.5 Mil.
Total Liabilities was RM74.0 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
=(70.163 - 58.131)/117.027
=0.1028

X2=Retained Earnings/Total Assets
=0/117.027
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11.868 - -2.235)/117.027
=0.1205

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=82.500/73.954
=1.1156

X5=Revenue/Total Assets
=144.442/117.027
=1.2343

The zones of discrimination were as such:

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

HSS Holdings Bhd has a Altman Z-Score of 2.42 indicating it is in Grey 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 2.42 mean?
HSS Holdings Bhd (XKLS:0460) has a Altman Z-Score of 2.42 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on HSS Holdings Bhd and its competitors. According to the industry distribution chart, HSS Holdings Bhd ranks #999999 out of 1931 companies in the Consumer Packaged Goods industry.
Is HSS Holdings Bhd's Altman Z-Score too high?
HSS Holdings Bhd's current Altman Z-Score is 2.42. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. HSS Holdings Bhd's value of 2.42 is 14.5% below this industry median. Based on the distribution chart, HSS Holdings Bhd ranks #999999 out of 1931 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does HSS Holdings Bhd's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, HSS Holdings Bhd ranks #999999 out of 1931 companies for Altman Z-Score. This places HSS Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.83. HSS Holdings Bhd's value of 2.42 is 14.5% 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 a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,931 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. HSS Holdings Bhd's current Altman Z-Score of 2.42 is 14.5% 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 HSS Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HSS Holdings Bhd's current Altman Z-Score is 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSS Holdings Bhd stock overvalued right now?
HSS Holdings Bhd (XKLS:0460) has a current Altman Z-Score of 2.42. The current Altman Z-Score is 2.42 and 14.5% below the Consumer Packaged Goods industry median of 2.83. 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 HSS Holdings Bhd (XKLS:0460), the current Altman Z-Score is 2.42 as of Jun. 29, 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.

HSS Holdings Bhd Business Description

Address Jalan Parit Hulu, 17386, Parit Raja Sari, Bukit Bakri, Muar, JHR, MYS, 84200
HSS Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the sourcing of bakery products, trading of bakery and other products and manufacturing of bakery products. Its offerings include Biscuits and cookies, Cakes, and Snacks. The products are supplied to over 3,500 retail outlets across Malaysia, including supermarkets and hypermarkets. The company's business segments include: Sourcing, Trading, and Manufacturing. The majority of revenue is derived from the Sourcing segment. Geographically, it exports to Singapore, Indonesia, and Australia, and the maximum revenue is generated from Malaysia.