Riverview Rubber Estates Bhd (XKLS:2542) Altman Z-Score: 4.05 (As of Jul. 15, 2026) — 24% Below Median

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XKLS:2542 Riverview Rubber Estates Bhd XKLS:2542
64 GF Score
Price RM3.04
GF Value RM2.38
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Riverview Rubber Estates Bhd Altman Z-Score?

Riverview Rubber Estates Bhd XKLS:2542 64 Altman Z-Score is 4.05 as of Jul. 15, 2026, which is 24% below its 10-year median of 5.32. GuruFocus rates XKLS:2542 with a GF Score™ of 64/100 and a GF Value™ of RM2.38 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Riverview Rubber Estates Bhd ranks better than 67.51% 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 4.05 is strong.

Riverview Rubber Estates Bhd has a Altman Z-Score of 4.05, 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 Riverview Rubber Estates Bhd's Altman Z-Score or its related term are showing as below:

XKLS:2542' s Altman Z-Score Range Over the Past 10 Years
Min: 3.51   Med: 5.32   Max: 7.01
Current: 4.05

During the past 13 years, Riverview Rubber Estates Bhd's highest Altman Z-Score was 7.01. The lowest was 3.51. And the median was 5.32.


Riverview Rubber Estates Bhd  (XKLS:2542) 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.


Riverview Rubber Estates Bhd Altman Z-Score Related Terms


Riverview Rubber Estates Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd Altman Z-Score Chart

Riverview Rubber Estates 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 4.00 4.37 4.44 3.85 3.51

Riverview Rubber Estates 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 4.00 3.86 3.72 3.51 3.84

XKLS:2542 vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, Riverview Rubber Estates 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.


Riverview Rubber Estates Bhd Altman Z-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Riverview Rubber Estates Bhd's Altman Z-Score falls into.


XKLS:2542
64GF Score
Riverview Rubber Estates Bhd XKLS:2542
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Riverview Rubber Estates 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.

Riverview Rubber Estates 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*0.0701+1.4*0.2051+3.3*0.0196+0.6*5.9045+1.0*0.0697
=4.05

* 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 RM401.73 Mil.
Total Current Assets was RM31.00 Mil.
Total Current Liabilities was RM2.86 Mil.
Retained Earnings was RM82.38 Mil.
Pre-Tax Income was 0.7 + 2.114 + 1.952 + 3.116 = RM7.88 Mil.
Interest Expense was 0 + 0 + 0 + 0 = RM0.00 Mil.
Revenue was 5.681 + 6.849 + 7.877 + 7.597 = RM28.00 Mil.
Market Cap (Today) was RM197.15 Mil.
Total Liabilities was RM33.39 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
=(31.001 - 2.858)/401.733
=0.0701

X2=Retained Earnings/Total Assets
=82.382/401.733
=0.2051

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7.882 - 0)/401.733
=0.0196

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=197.145/33.389
=5.9045

X5=Revenue/Total Assets
=28.004/401.733
=0.0697

The zones of discrimination were as such:

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

Riverview Rubber Estates Bhd has a Altman Z-Score of 4.05 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 4.05 mean?
Riverview Rubber Estates Bhd (XKLS:2542) has a Altman Z-Score of 4.05 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Riverview Rubber Estates Bhd and its competitors. This is 24% below median its historical median of 5.32. Over the past decade, Riverview Rubber Estates Bhd's Altman Z-Score has ranged from 3.51 to 7.01. According to the industry distribution chart, Riverview Rubber Estates Bhd ranks #627 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 32.5%.
Is Riverview Rubber Estates Bhd's Altman Z-Score too high?
Riverview Rubber Estates Bhd's current Altman Z-Score of 4.05 is 24% below median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 7.01. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Riverview Rubber Estates Bhd's value of 4.05 is 42.1% above this industry median. Based on the distribution chart, Riverview Rubber Estates Bhd ranks #627 out of 1930 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Riverview Rubber Estates Bhd has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riverview Rubber Estates Bhd's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Riverview Rubber Estates Bhd ranks #627 out of 1930 companies for Altman Z-Score. This puts Riverview Rubber Estates Bhd in the upper half of its industry. The industry median Altman Z-Score is 2.85. Riverview Rubber Estates Bhd's value of 4.05 is 42.1% above this benchmark. Historically, Riverview Rubber Estates Bhd's own Altman Z-Score has ranged from 3.51 to 7.01 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 2.85, Riverview Rubber Estates 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,930 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. Riverview Rubber Estates Bhd's current Altman Z-Score of 4.05 is 42.1% 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 Riverview Rubber Estates Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riverview Rubber Estates Bhd's current Altman Z-Score is 4.05, which is 24% below median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riverview Rubber Estates Bhd stock overvalued right now?
Based on GuruFocus' analysis, Riverview Rubber Estates Bhd (XKLS:2542) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.38, compared to a current price of RM3.04 — trading 27.7% above its estimated fair value. The current Altman Z-Score is 4.05, which is 24% below median its 10-year median of 5.32 and 42.1% above the Consumer Packaged Goods industry median of 2.85. Riverview Rubber Estates Bhd's overall GF Score™ is 64/100 with 8 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 Riverview Rubber Estates Bhd (XKLS:2542), the current Altman Z-Score is 4.05 as of Jul. 15, 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 Riverview Rubber Estates Bhd (XKLS:2542) Overvalued in 2026?

Based on GuruFocus' analysis, Riverview Rubber Estates Bhd stock appears to be overvalued. The current stock price of RM3.04 is trading 27.7% above its estimated GF Value™ of RM2.38. GuruFocus considers Riverview Rubber Estates Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:2542:

  • Altman Z-Score: 4.05 (24% below median its 10-year median of 5.32)
  • GF Value™: RM2.38 vs. price of RM3.04 (27.7% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 42.1% above the Consumer Packaged Goods median (#627 of 1930)

No single metric tells the full story. See the XKLS:2542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riverview Rubber Estates Bhd Business Description

Address Riverview Estate, Tanjung Tualang, MYS, 31800
Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm and the sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through one segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia.
64GF Score

Get the complete analysis for XKLS:2542

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

RM3.04
Price
RM2.38
GF Value