Genting Plantations Bhd (XKLS:2291) Altman Z-Score: 2.19 (As of Jun. 29, 2026) — 11% Below Median


XKLS:2291 Genting Plantations Bhd XKLS:2291
75 GF Score
Price RM5.20
GF Value RM6.07
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Genting Plantations Bhd Altman Z-Score?

Genting Plantations Bhd XKLS:2291 -1.14% 75 Altman Z-Score is 2.19 as of Jun. 29, 2026, which is 11% below its 10-year median of 2.46. GuruFocus rates XKLS:2291 with a GF Score™ of 75/100 and a GF Value™ of RM6.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, Genting Plantations Bhd ranks worse than 62.71% 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.

Warning Sign:

Altman Z-score of 2.19 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Genting Plantations Bhd has a Altman Z-Score of 2.19, indicating it is in Grey Zones. This implies that Genting Plantations 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 Genting Plantations Bhd's Altman Z-Score or its related term are showing as below:

XKLS:2291' s Altman Z-Score Range Over the Past 10 Years
Min: 1.36   Med: 2.46   Max: 3.12
Current: 2.19

During the past 13 years, Genting Plantations Bhd's highest Altman Z-Score was 3.12. The lowest was 1.36. And the median was 2.46.


Genting Plantations Bhd  (XKLS:2291) 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.


Genting Plantations Bhd Altman Z-Score Related Terms


Genting Plantations Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Genting Plantations 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.

Genting Plantations Bhd Altman Z-Score Chart

Genting Plantations Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 1.82 1.64 1.95 2.12

Genting Plantations Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.36 2.21 2.16 2.12 2.19

XKLS:2291 vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, Genting Plantations 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.


Genting Plantations Bhd Altman Z-Score vs Consumer Packaged Goods Industry

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

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


XKLS:2291
75GF Score
Genting Plantations Bhd XKLS:2291
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genting Plantations 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.

Genting Plantations 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*0.122+1.4*0.4696+3.3*0.0805+0.6*1.2312+1.0*0.386
=2.19

* 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 RM8,727 Mil.
Total Current Assets was RM2,138 Mil.
Total Current Liabilities was RM1,073 Mil.
Retained Earnings was RM4,098 Mil.
Pre-Tax Income was 108.497 + 76.618 + 124.128 + 278.342 = RM588 Mil.
Interest Expense was -25.904 + -26.569 + -28.335 + -34.306 = RM-115 Mil.
Revenue was 720.215 + 1034.166 + 846.956 + 766.991 = RM3,368 Mil.
Market Cap (Today) was RM4,719 Mil.
Total Liabilities was RM3,833 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
=(2138.006 - 1073.389)/8727.224
=0.122

X2=Retained Earnings/Total Assets
=4098.206/8727.224
=0.4696

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(587.585 - -115.114)/8727.224
=0.0805

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4718.808/3832.723
=1.2312

X5=Revenue/Total Assets
=3368.328/8727.224
=0.386

The zones of discrimination were as such:

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

Genting Plantations Bhd has a Altman Z-Score of 2.19 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 2.19 mean?
Genting Plantations Bhd (XKLS:2291) has a Altman Z-Score of 2.19 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Genting Plantations Bhd and its competitors. This is 11% below median its historical median of 2.46. Over the past decade, Genting Plantations Bhd's Altman Z-Score has ranged from 1.36 to 3.12. According to the industry distribution chart, Genting Plantations Bhd ranks #1211 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 62.7%.
Is Genting Plantations Bhd's Altman Z-Score too high?
Genting Plantations Bhd's current Altman Z-Score of 2.19 is 11% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.12. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Genting Plantations Bhd's value of 2.19 is 22.6% below this industry median. Based on the distribution chart, Genting Plantations Bhd ranks #1211 out of 1931 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Genting Plantations Bhd has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genting Plantations Bhd's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Genting Plantations Bhd ranks #1211 out of 1931 companies for Altman Z-Score. This places Genting Plantations Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.83. Genting Plantations Bhd's value of 2.19 is 22.6% below this benchmark. Historically, Genting Plantations Bhd's own Altman Z-Score has ranged from 1.36 to 3.12 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.83, Genting Plantations Bhd has consistently been below 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 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. Genting Plantations Bhd's current Altman Z-Score of 2.19 is 22.6% 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 Genting Plantations 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. Genting Plantations Bhd's current Altman Z-Score is 2.19, which is 11% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genting Plantations Bhd stock overvalued right now?
Based on GuruFocus' analysis, Genting Plantations Bhd (XKLS:2291) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.07, compared to a current price of RM5.20 — trading 14.3% below its estimated fair value. The current Altman Z-Score is 2.19, which is 11% below median its 10-year median of 2.46 and 22.6% below the Consumer Packaged Goods industry median of 2.83. Genting Plantations Bhd's overall GF Score™ is 75/100 with 3 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 Genting Plantations Bhd (XKLS:2291), the current Altman Z-Score is 2.19 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.

Is Genting Plantations Bhd (XKLS:2291) Overvalued in 2026?

Based on GuruFocus' analysis, Genting Plantations Bhd stock appears to be undervalued. The current stock price of RM5.20 is trading 14.3% below its estimated GF Value™ of RM6.07. GuruFocus considers Genting Plantations Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2291:

  • Altman Z-Score: 2.19 (11% below median its 10-year median of 2.46)
  • GF Value™: RM6.07 vs. price of RM5.20 (14.3% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 22.6% below the Consumer Packaged Goods median (#1211 of 1931)

No single metric tells the full story. See the XKLS:2291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genting Plantations Bhd Business Description

Address Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250
Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. It derives maximum revenue from Plantation segment. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.
75GF Score

Get the complete analysis for XKLS:2291

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

RM5.20
Price
RM6.07
GF Value