Dagang NeXchange BhdXKLS:4456 +8.43%56 Altman Z-Score is 0.49 as of Jul. 01, 2026, which is 72% below its 10-year median of 1.75. GuruFocus rates XKLS:4456 with a GF Score™ of 56/100 and a GF Value™ of RM0.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,763 Software companies, Dagang NeXchange Bhd ranks worse than 80.53% 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 0.5 is in distress zone. This implies bankruptcy possibility in the next two years.
Dagang NeXchange Bhd has a Altman Z-Score of 0.49, 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 Dagang NeXchange Bhd's Altman Z-Score or its related term are showing as below:
XKLS:4456'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.33 Med: 1.75 Max: 12.29
Current: 0.5
During the past 13 years, Dagang NeXchange Bhd's highest Altman Z-Score was 12.29. The lowest was 0.33. And the median was 1.75.
Dagang NeXchange Bhd (XKLS:4456) 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.
Dagang NeXchange Bhd Altman Z-Score Related Terms
Dagang NeXchange Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Dagang NeXchange 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.
XKLS:4456 vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Dagang NeXchange 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.
Dagang NeXchange Bhd Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Dagang NeXchange Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Dagang NeXchange 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.
Dagang NeXchange 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
*
0.0374
+
1.4
*
0.0671
+
3.3
*
-0.1307
+
0.6
*
0.8244
+
1.0
*
0.2921
=
0.49
* 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.
Dagang NeXchange Bhd (XKLS:4456) has a Altman Z-Score of 0.49 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dagang NeXchange Bhd and its competitors. This is 72% below median its historical median of 1.75. Over the past decade, Dagang NeXchange Bhd's Altman Z-Score has ranged from 0.33 to 12.29. According to the industry distribution chart, Dagang NeXchange Bhd ranks #2225 out of 2763 companies in the Software industry, placing it in the top 80.5%.
Is Dagang NeXchange Bhd's Altman Z-Score too high?
Dagang NeXchange Bhd's current Altman Z-Score of 0.49 is 72% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 12.29. The Software industry median Altman Z-Score is 3.11. Dagang NeXchange Bhd's value of 0.49 is 84.2% below this industry median. Based on the distribution chart, Dagang NeXchange Bhd ranks #2225 out of 2763 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dagang NeXchange Bhd has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dagang NeXchange Bhd's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Dagang NeXchange Bhd ranks #2225 out of 2763 companies for Altman Z-Score. This places Dagang NeXchange Bhd in the lower half of its industry. The industry median Altman Z-Score is 3.11. Dagang NeXchange Bhd's value of 0.49 is 84.2% below this benchmark. Historically, Dagang NeXchange Bhd's own Altman Z-Score has ranged from 0.33 to 12.29 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 3.11, Dagang NeXchange 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,763 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. Dagang NeXchange Bhd's current Altman Z-Score of 0.49 is 84.2% 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 Dagang NeXchange Bhd and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dagang NeXchange Bhd's current Altman Z-Score is 0.49, which is 72% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dagang NeXchange Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dagang NeXchange Bhd (XKLS:4456) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.45 — trading 55.2% above its estimated fair value. The current Altman Z-Score is 0.49, which is 72% below median its 10-year median of 1.75 and 84.2% below the Software industry median of 3.11. Dagang NeXchange Bhd's overall GF Score™ is 56/100 with 9 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 Dagang NeXchange Bhd (XKLS:4456), the current Altman Z-Score is 0.49 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 Dagang NeXchange Bhd (XKLS:4456) Overvalued in 2026?
Based on GuruFocus' analysis, Dagang NeXchange Bhd stock appears to be overvalued.
The current stock price of RM0.45 is trading 55.2% above its estimated GF Value™ of RM0.29.
GuruFocus considers Dagang NeXchange Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:4456:
Altman Z-Score: 0.49 (72% below median its 10-year median of 1.75)
GF Value™: RM0.29 vs. price of RM0.45 (55.2% above fair value)
Industry Position: 84.2% below the Software median (#2225 of 2763)
No single metric tells the full story. See the XKLS:4456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, Information technology, Energy and Semiconductor. Corporate is in provision of corporate services to the entities within the group. Information technology which include Supply, delivery, installation, testing, commissioning and maintenance of IT hardware, development, management and B2G e-commerce. Energy includes providing upstream oil and gas exploration, production, sale of oil and gas related equipment and services, provision of engineering, technical support and energy related business. Key revenue is generated from Semiconductor segment which consists manufacturing of semiconductor wafers ,supplies multinational fables, sales of semiconductor related tools and others.
56GF Score
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