Pegasus Heights Bhd (XKLS:4464) Altman Z-Score: 5.54 (As of Jul. 03, 2026) — 40% Above Median


What is Pegasus Heights Bhd Altman Z-Score?

Pegasus Heights Bhd XKLS:4464 Altman Z-Score is 5.54 as of Jul. 03, 2026, which is 40% above its 10-year median of 3.97. The stock has 2 warning signs investors should review. Among 1,729 Real Estate companies, Pegasus Heights Bhd ranks better than 91.38% 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 5.54 is strong.

Pegasus Heights Bhd has a Altman Z-Score of 5.54, 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 Pegasus Heights Bhd's Altman Z-Score or its related term are showing as below:

XKLS:4464' s Altman Z-Score Range Over the Past 10 Years
Min: -0.15   Med: 3.97   Max: 21.24
Current: 5.54

During the past 13 years, Pegasus Heights Bhd's highest Altman Z-Score was 21.24. The lowest was -0.15. And the median was 3.97.


Pegasus Heights Bhd  (XKLS:4464) 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.


Pegasus Heights Bhd Altman Z-Score Related Terms


Pegasus Heights Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pegasus Heights 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.

Pegasus Heights Bhd Altman Z-Score Chart

Pegasus Heights 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 5.50 7.24 5.29 7.74 5.57

Pegasus Heights 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 4.15 7.94 5.56 5.57 10.01

XKLS:4464 vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Pegasus Heights 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.


Pegasus Heights Bhd Altman Z-Score vs Real Estate Industry

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

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



Pegasus Heights 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.

Pegasus Heights 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*0.0746+1.4*0.6982+3.3*-0.0231+0.6*7.4526+1.0*0.0804
=5.54

* 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 RM124.03 Mil.
Total Current Assets was RM13.01 Mil.
Total Current Liabilities was RM3.76 Mil.
Retained Earnings was RM86.59 Mil.
Pre-Tax Income was -0.571 + -6.354 + -0.619 + 4.583 = RM-2.96 Mil.
Interest Expense was -0.01 + -0.01 + -0.035 + -0.035 = RM-0.09 Mil.
Revenue was 2.262 + 2.344 + 2.658 + 2.708 = RM9.97 Mil.
Market Cap (Today) was RM54.11 Mil.
Total Liabilities was RM7.26 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
=(13.014 - 3.758)/124.03
=0.0746

X2=Retained Earnings/Total Assets
=86.594/124.03
=0.6982

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-2.961 - -0.09)/124.03
=-0.0231

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=54.106/7.26
=7.4526

X5=Revenue/Total Assets
=9.972/124.03
=0.0804

The zones of discrimination were as such:

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

Pegasus Heights Bhd has a Altman Z-Score of 5.54 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 5.54 mean?
Pegasus Heights Bhd (XKLS:4464) has a Altman Z-Score of 5.54 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pegasus Heights Bhd and its competitors. This is 40% above median its historical median of 3.97. According to the industry distribution chart, Pegasus Heights Bhd ranks #149 out of 1729 companies in the Real Estate industry, placing it in the top 8.6%.
Is Pegasus Heights Bhd's Altman Z-Score too high?
Pegasus Heights Bhd's current Altman Z-Score of 5.54 is 40% above median its 10-year median of 3.97. The Real Estate industry median Altman Z-Score is 1.30. Pegasus Heights Bhd's value of 5.54 is 326.2% above this industry median. Based on the distribution chart, Pegasus Heights Bhd ranks #149 out of 1729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Pegasus Heights Bhd's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Pegasus Heights Bhd ranks #149 out of 1729 companies for Altman Z-Score. This places Pegasus Heights Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. Pegasus Heights Bhd's value of 5.54 is 326.2% above this benchmark. While the company's 10-year median is 3.97 vs. the industry median of 1.30, Pegasus Heights 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 1,729 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. Pegasus Heights Bhd's current Altman Z-Score of 5.54 is 326.2% 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 Pegasus Heights 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. Pegasus Heights Bhd's current Altman Z-Score is 5.54, which is 40% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pegasus Heights Bhd stock overvalued right now?
Pegasus Heights Bhd (XKLS:4464) has a current Altman Z-Score of 5.54. The current Altman Z-Score is 5.54, which is 40% above median its 10-year median of 3.97 and 326.2% above the Real Estate industry median of 1.30. 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 Pegasus Heights Bhd (XKLS:4464), the current Altman Z-Score is 5.54 as of Jul. 03, 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.

Pegasus Heights Bhd Business Description

Address No 105, Jalan Ampang, 1-40-2, Menara Bangkok Bank, Berjaya Central Park, Kuala Lumpur, SGR, MYS, 50450
Pegasus Heights Bhd is engaged in the business of investment holding and the provision of management and administrative services, and has interests in managing malls, trading activities, and property development activities. Its segments include Property Management, which generates maximum revenue and is involved in the leasing of commercial properties; Project Management Consultancy, engaged in project management consultancy for property development, marketing events, and construction; Financial Services, involved in the provision of licensed money lending business; Food and Beverage, involved in food and beverage activities; and Investment Holding and Others, mainly involved in the Group-level corporate services. The Group predominantly operates wholly in Malaysia.