EcoFirst Consolidated Bhd (XKLS:3557) Altman Z-Score: 1.33 (As of Jul. 01, 2026) — 23% Above Median


XKLS:3557 EcoFirst Consolidated Bhd XKLS:3557
51 GF Score
Price RM0.34
GF Value RM0.96
Valuation Possible Value Trap
! 7 Warning Signs
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What is EcoFirst Consolidated Bhd Altman Z-Score?

EcoFirst Consolidated Bhd XKLS:3557 +1.52% 51 Altman Z-Score is 1.33 as of Jul. 01, 2026, which is 23% above its 10-year median of 1.08. GuruFocus rates XKLS:3557 with a GF Score™ of 51/100 and a GF Value™ of RM0.96 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,731 Real Estate companies, EcoFirst Consolidated Bhd ranks better than 52.28% 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 1.36 is in distress zone. This implies bankruptcy possibility in the next two years.

EcoFirst Consolidated Bhd has a Altman Z-Score of 1.33, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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

XKLS:3557' s Altman Z-Score Range Over the Past 10 Years
Min: 0.77   Med: 1.08   Max: 1.84
Current: 1.36

During the past 13 years, EcoFirst Consolidated Bhd's highest Altman Z-Score was 1.84. The lowest was 0.77. And the median was 1.08.


EcoFirst Consolidated Bhd  (XKLS:3557) 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.


EcoFirst Consolidated Bhd Altman Z-Score Related Terms


EcoFirst Consolidated Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for EcoFirst Consolidated 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.

EcoFirst Consolidated Bhd Altman Z-Score Chart

EcoFirst Consolidated Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.35 1.29 1.20 1.70

EcoFirst Consolidated Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.78 1.70 1.84 1.24 1.34

EcoFirst Consolidated Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Diversified subindustry, EcoFirst Consolidated 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.


EcoFirst Consolidated Bhd Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, EcoFirst Consolidated Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:3557
51GF Score
EcoFirst Consolidated Bhd XKLS:3557
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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EcoFirst Consolidated 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.

EcoFirst Consolidated 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*0.0883+1.4*0+3.3*0.0609+0.6*0.9708+1.0*0.4433
=1.33

* 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 Feb. 2026:
Total Assets was RM968.4 Mil.
Total Current Assets was RM302.1 Mil.
Total Current Liabilities was RM216.6 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was 5.852 + 4.176 + 15.472 + 17.829 = RM43.3 Mil.
Interest Expense was -3.275 + -3.776 + -4.283 + -4.273 = RM-15.6 Mil.
Revenue was 68.194 + 78.279 + 123.45 + 159.385 = RM429.3 Mil.
Market Cap (Today) was RM394.8 Mil.
Total Liabilities was RM406.7 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
=(302.1 - 216.619)/968.401
=0.0883

X2=Retained Earnings/Total Assets
=0/968.401
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(43.329 - -15.607)/968.401
=0.0609

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=394.785/406.652
=0.9708

X5=Revenue/Total Assets
=429.308/968.401
=0.4433

The zones of discrimination were as such:

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

EcoFirst Consolidated Bhd has a Altman Z-Score of 1.33 indicating it is in Distress 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 1.33 mean?
EcoFirst Consolidated Bhd (XKLS:3557) has a Altman Z-Score of 1.33 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on EcoFirst Consolidated Bhd and its competitors. This is 23% above median its historical median of 1.08. Over the past decade, EcoFirst Consolidated Bhd's Altman Z-Score has ranged from 0.77 to 1.84. According to the industry distribution chart, EcoFirst Consolidated Bhd ranks #826 out of 1731 companies in the Real Estate industry, placing it in the top 47.7%.
Is EcoFirst Consolidated Bhd's Altman Z-Score too high?
EcoFirst Consolidated Bhd's current Altman Z-Score of 1.33 is 23% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.84. The Real Estate industry median Altman Z-Score is 1.30. EcoFirst Consolidated Bhd's value of 1.33 is 2.3% above this industry median. Based on the distribution chart, EcoFirst Consolidated Bhd ranks #826 out of 1731 companies in the Real Estate industry, which is above the industry midpoint. Overall, EcoFirst Consolidated Bhd has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EcoFirst Consolidated Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, EcoFirst Consolidated Bhd ranks #826 out of 1731 companies for Altman Z-Score. This puts EcoFirst Consolidated Bhd in the upper half of its industry. The industry median Altman Z-Score is 1.30. EcoFirst Consolidated Bhd's value of 1.33 is 2.3% above this benchmark. Historically, EcoFirst Consolidated Bhd's own Altman Z-Score has ranged from 0.77 to 1.84 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.30, EcoFirst Consolidated 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,731 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. EcoFirst Consolidated Bhd's current Altman Z-Score of 1.33 is 2.3% 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 EcoFirst Consolidated Bhd and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EcoFirst Consolidated Bhd's current Altman Z-Score is 1.33, which is 23% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EcoFirst Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, EcoFirst Consolidated Bhd (XKLS:3557) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.96, compared to a current price of RM0.34 — trading 65.1% below its estimated fair value. The current Altman Z-Score is 1.33, which is 23% above median its 10-year median of 1.08 and 2.3% above the Real Estate industry median of 1.30. EcoFirst Consolidated Bhd's overall GF Score™ is 51/100 with 7 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 EcoFirst Consolidated Bhd (XKLS:3557), the current Altman Z-Score is 1.33 as of Jul. 01, 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 EcoFirst Consolidated Bhd (XKLS:3557) Overvalued in 2026?

Based on GuruFocus' analysis, EcoFirst Consolidated Bhd stock appears to be undervalued. The current stock price of RM0.34 is trading 65.1% below its estimated GF Value™ of RM0.96. GuruFocus considers EcoFirst Consolidated Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3557:

  • Altman Z-Score: 1.33 (23% above median its 10-year median of 1.08)
  • GF Value™: RM0.96 vs. price of RM0.34 (65.1% below fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 2.3% above the Real Estate median (#826 of 1731)

No single metric tells the full story. See the XKLS:3557 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EcoFirst Consolidated Bhd Business Description

Address 203, Jalan Tun Sambanthan, A-19, Menara Allianz Sentral, Kuala Lumpur, SGR, MYS, 50470
EcoFirst Consolidated Bhd is an investment holding company which engages in the provision of management services. It operates through the following segments: Property Investment, Property Management, Property Development, and Investment, and Others. The company provides residential and commercial developments, including residential units, commercial centers, and retail malls. It is also involved in the general insurance agency, management services, bowling alley operation, and agriculture-related businesses. Its Property Development segment generates the maximum of the firm's revenue.
51GF Score

Get the complete analysis for XKLS:3557

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

RM0.34
Price
RM0.96
GF Value