Sapura Resources BhdXKLS:4596 +4.55%15 Altman Z-Score is 0.51 as of Jul. 04, 2026, which is 41% below its 10-year median of 0.87. GuruFocus rates XKLS:4596 with a GF Score™ of 15/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 547 Conglomerates companies, Sapura Resources Bhd ranks worse than 89.21% 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 0.51 is in distress zone. This implies bankruptcy possibility in the next two years.
Sapura Resources Bhd has a Altman Z-Score of 0.51, 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 Sapura Resources Bhd's Altman Z-Score or its related term are showing as below:
XKLS:4596'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.13 Med: 0.87 Max: 3.84
Current: 0.51
During the past 13 years, Sapura Resources Bhd's highest Altman Z-Score was 3.84. The lowest was -1.13. And the median was 0.87.
Sapura Resources Bhd (XKLS:4596) 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.
Sapura Resources Bhd Altman Z-Score Related Terms
Sapura Resources Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sapura Resources 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.
For the Conglomerates subindustry, Sapura Resources 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.
Sapura Resources Bhd Altman Z-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Sapura Resources Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sapura Resources 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.
Sapura Resources 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
*
-0.003
+
1.4
*
0.1648
+
3.3
*
0.0476
+
0.6
*
0.1043
+
1.0
*
0.0621
=
0.51
* 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.
Sapura Resources Bhd (XKLS:4596) has a Altman Z-Score of 0.51 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sapura Resources Bhd and its competitors. This is 41% below median its historical median of 0.87. According to the industry distribution chart, Sapura Resources Bhd ranks #488 out of 547 companies in the Conglomerates industry, placing it in the top 89.2%.
Is Sapura Resources Bhd's Altman Z-Score too high?
Sapura Resources Bhd's current Altman Z-Score of 0.51 is 41% below median its 10-year median of 0.87. The Conglomerates industry median Altman Z-Score is 2.07. Sapura Resources Bhd's value of 0.51 is 75.4% below this industry median. Based on the distribution chart, Sapura Resources Bhd ranks #488 out of 547 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Sapura Resources Bhd has a GF Score™ of 15/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sapura Resources Bhd's Altman Z-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sapura Resources Bhd ranks #488 out of 547 companies for Altman Z-Score. This places Sapura Resources Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.07. Sapura Resources Bhd's value of 0.51 is 75.4% below this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 2.07, Sapura Resources 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.07, based on 547 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. Sapura Resources Bhd's current Altman Z-Score of 0.51 is 75.4% 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 Sapura Resources Bhd and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapura Resources Bhd's current Altman Z-Score is 0.51, which is 41% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapura Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sapura Resources Bhd (XKLS:4596) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.23 — trading 35.3% above its estimated fair value. The current Altman Z-Score is 0.51, which is 41% below median its 10-year median of 0.87 and 75.4% below the Conglomerates industry median of 2.07. Sapura Resources Bhd's overall GF Score™ is 15/100 with 5 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 Sapura Resources Bhd (XKLS:4596), the current Altman Z-Score is 0.51 as of Jul. 04, 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 Sapura Resources Bhd (XKLS:4596) Overvalued in 2026?
Based on GuruFocus' analysis, Sapura Resources Bhd stock appears to be overvalued.
The current stock price of RM0.23 is trading 35.3% above its estimated GF Value™ of RM0.17.
GuruFocus considers Sapura Resources Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:4596:
Altman Z-Score: 0.51 (41% below median its 10-year median of 0.87)
GF Value™: RM0.17 vs. price of RM0.23 (35.3% above fair value)
Industry Position: 75.4% below the Conglomerates median (#488 of 547)
No single metric tells the full story. See the XKLS:4596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sapura Resources Bhd principal activities of the Company are investment holding and property investment. The company has four operating segment Investment holding - equity investment, including group-level corporate services and business development functions; Property investment - rental of investment properties; Aviation - Provision of hangarage services, ground handling, aircraft management, engineering services and other aviation related services; and Others. The company generates majority of income from Investment holding segment. The company has presence in Malaysia.
15GF Score
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