Hume Cement Industries Bhd (XKLS:5000) Altman Z-Score: 6.94 (As of Jun. 29, 2026) — 1038% Above Median


XKLS:5000 Hume Cement Industries Bhd XKLS:5000
86 GF Score
Price RM2.92
GF Value RM2.70
Valuation Fairly Valued
! 2 Warning Signs
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What is Hume Cement Industries Bhd Altman Z-Score?

Hume Cement Industries Bhd XKLS:5000 -0.34% 86 Altman Z-Score is 6.94 as of Jun. 29, 2026, which is 1038% above its 10-year median of 0.61. GuruFocus rates XKLS:5000 with a GF Score™ of 86/100 and a GF Value™ of RM2.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 401 Building Materials companies, Hume Cement Industries Bhd ranks better than 90.27% 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 6.94 is strong.

Hume Cement Industries Bhd has a Altman Z-Score of 6.94, 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 Hume Cement Industries Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5000' s Altman Z-Score Range Over the Past 10 Years
Min: -0.09   Med: 0.61   Max: 7.33
Current: 6.94

During the past 13 years, Hume Cement Industries Bhd's highest Altman Z-Score was 7.33. The lowest was -0.09. And the median was 0.61.


Hume Cement Industries Bhd  (XKLS:5000) 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.


Hume Cement Industries Bhd Altman Z-Score Related Terms


Hume Cement Industries Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hume Cement Industries 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.

Hume Cement Industries Bhd Altman Z-Score Chart

Hume Cement Industries Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.36 1.17 4.03 4.41

Hume Cement Industries 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 4.04 4.41 5.46 5.53 7.33

XKLS:5000 vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Hume Cement Industries 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.


Hume Cement Industries Bhd Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hume Cement Industries Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hume Cement Industries Bhd's Altman Z-Score falls into.


XKLS:5000
86GF Score
Hume Cement Industries Bhd XKLS:5000
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hume Cement Industries 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.

Hume Cement Industries 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*0.3552+1.4*0.3001+3.3*0.3739+0.6*6.8107+1.0*0.7756
=6.94

* 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 RM1,367 Mil.
Total Current Assets was RM629 Mil.
Total Current Liabilities was RM143 Mil.
Retained Earnings was RM410 Mil.
Pre-Tax Income was 264.897 + 84.784 + 80.216 + 74.866 = RM505 Mil.
Interest Expense was -0.379 + -1.775 + -1.433 + -2.783 = RM-6 Mil.
Revenue was 235.89 + 271.1 + 290.066 + 263.358 = RM1,060 Mil.
Market Cap (Today) was RM2,107 Mil.
Total Liabilities was RM309 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
=(628.572 - 143.009)/1367.19
=0.3552

X2=Retained Earnings/Total Assets
=410.25/1367.19
=0.3001

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(504.763 - -6.37)/1367.19
=0.3739

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2106.853/309.344
=6.8107

X5=Revenue/Total Assets
=1060.414/1367.19
=0.7756

The zones of discrimination were as such:

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

Hume Cement Industries Bhd has a Altman Z-Score of 6.94 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 6.94 mean?
Hume Cement Industries Bhd (XKLS:5000) has a Altman Z-Score of 6.94 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hume Cement Industries Bhd and its competitors. This is 1038% above median its historical median of 0.61. According to the industry distribution chart, Hume Cement Industries Bhd ranks #39 out of 401 companies in the Building Materials industry, placing it in the top 9.7%.
Is Hume Cement Industries Bhd's Altman Z-Score too high?
Hume Cement Industries Bhd's current Altman Z-Score of 6.94 is 1038% above median its 10-year median of 0.61. The Building Materials industry median Altman Z-Score is 2.22. Hume Cement Industries Bhd's value of 6.94 is 212.6% above this industry median. Based on the distribution chart, Hume Cement Industries Bhd ranks #39 out of 401 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Hume Cement Industries Bhd has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hume Cement Industries Bhd's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hume Cement Industries Bhd ranks #39 out of 401 companies for Altman Z-Score. This places Hume Cement Industries Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.22. Hume Cement Industries Bhd's value of 6.94 is 212.6% above this benchmark. While the company's 10-year median is 0.61 vs. the industry median of 2.22, Hume Cement Industries 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.22, based on 401 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. Hume Cement Industries Bhd's current Altman Z-Score of 6.94 is 212.6% 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 Hume Cement Industries Bhd and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hume Cement Industries Bhd's current Altman Z-Score is 6.94, which is 1038% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hume Cement Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hume Cement Industries Bhd (XKLS:5000) is currently considered Fairly Valued. The stock's GF Value™ is RM2.70, compared to a current price of RM2.92 — trading 8.1% above its estimated fair value. The current Altman Z-Score is 6.94, which is 1038% above median its 10-year median of 0.61 and 212.6% above the Building Materials industry median of 2.22. Hume Cement Industries Bhd's overall GF Score™ is 86/100 with 2 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 Hume Cement Industries Bhd (XKLS:5000), the current Altman Z-Score is 6.94 as of Jun. 29, 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 Hume Cement Industries Bhd (XKLS:5000) Overvalued in 2026?

Based on GuruFocus' analysis, Hume Cement Industries Bhd stock appears to be overvalued. The current stock price of RM2.92 is trading 8.1% above its estimated GF Value™ of RM2.70. GuruFocus considers Hume Cement Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5000:

  • Altman Z-Score: 6.94 (1038% above median its 10-year median of 0.61)
  • GF Value™: RM2.70 vs. price of RM2.92 (8.1% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 212.6% above the Building Materials median (#39 of 401)

No single metric tells the full story. See the XKLS:5000 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hume Cement Industries Bhd Business Description

Address 15A, Jalan 51A/219, Level 5, Wisma Hume, Block D, Petaling Jaya, SGR, MYS, 46100
Hume Cement Industries Bhd through its subsidiaries is engaged in the manufacturing and sale of cement and cement related products, and manufacturing, marketing and sale of concrete and concrete-related products. Geographically, Malaysia accounts for a larger share of the revenue. The company also provides precast concrete solutions to the construction industry and mega structure development projects.
86GF Score

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

RM2.92
Price
RM2.70
GF Value