Chin Well Holdings Bhd (XKLS:5007) Altman Z-Score: 4.58 (As of Jul. 01, 2026) — Near Median


XKLS:5007 Chin Well Holdings Bhd XKLS:5007
76 GF Score
Price RM0.83
GF Value RM1.29
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Chin Well Holdings Bhd Altman Z-Score?

Chin Well Holdings Bhd XKLS:5007 76 Altman Z-Score is 4.58 as of Jul. 01, 2026, which is 4% below its 10-year median of 4.79. GuruFocus rates XKLS:5007 with a GF Score™ of 76/100 and a GF Value™ of RM1.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 3,006 Industrial Products companies, Chin Well Holdings Bhd ranks better than 64.2% 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 4.58 is strong.

Chin Well Holdings Bhd has a Altman Z-Score of 4.58, 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 Chin Well Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5007' s Altman Z-Score Range Over the Past 10 Years
Min: 3.56   Med: 4.79   Max: 6.77
Current: 4.58

During the past 13 years, Chin Well Holdings Bhd's highest Altman Z-Score was 6.77. The lowest was 3.56. And the median was 4.79.


Chin Well Holdings Bhd  (XKLS:5007) 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.


Chin Well Holdings Bhd Altman Z-Score Related Terms


Chin Well Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Chin Well Holdings 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.

Chin Well Holdings Bhd Altman Z-Score Chart

Chin Well Holdings 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 3.89 5.12 5.28 4.90 4.15

Chin Well Holdings 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 4.45 4.15 4.04 4.03 4.11

XKLS:5007 vs SNA, RBC, LECO: Altman Z-Score Comparison

For the Tools & Accessories subindustry, Chin Well Holdings 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.


Chin Well Holdings Bhd Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Chin Well Holdings Bhd's Altman Z-Score falls into.


XKLS:5007
76GF Score
Chin Well Holdings Bhd XKLS:5007
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chin Well Holdings 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.

Chin Well Holdings 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*0.5826+1.4*0.7146+3.3*0.0039+0.6*3.9482+1.0*0.5005
=4.58

* 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 RM677.9 Mil.
Total Current Assets was RM444.6 Mil.
Total Current Liabilities was RM49.6 Mil.
Retained Earnings was RM484.4 Mil.
Pre-Tax Income was -2.54 + 1.459 + 6.83 + -3.169 = RM2.6 Mil.
Interest Expense was -0.002 + -0.016 + -0.018 + -0.007 = RM-0.0 Mil.
Revenue was 70.885 + 86.249 + 97.931 + 84.271 = RM339.3 Mil.
Market Cap (Today) was RM237.0 Mil.
Total Liabilities was RM60.0 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
=(444.554 - 49.598)/677.944
=0.5826

X2=Retained Earnings/Total Assets
=484.447/677.944
=0.7146

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2.58 - -0.043)/677.944
=0.0039

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=237.044/60.038
=3.9482

X5=Revenue/Total Assets
=339.336/677.944
=0.5005

The zones of discrimination were as such:

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

Chin Well Holdings Bhd has a Altman Z-Score of 4.58 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 4.58 mean?
Chin Well Holdings Bhd (XKLS:5007) has a Altman Z-Score of 4.58 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chin Well Holdings Bhd and its competitors. This is near median its historical median of 4.79. Over the past decade, Chin Well Holdings Bhd's Altman Z-Score has ranged from 3.56 to 6.77. According to the industry distribution chart, Chin Well Holdings Bhd ranks #1076 out of 3006 companies in the Industrial Products industry, placing it in the top 35.8%.
Is Chin Well Holdings Bhd's Altman Z-Score too high?
Chin Well Holdings Bhd's current Altman Z-Score of 4.58 is near median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 6.77. The Industrial Products industry median Altman Z-Score is 3.34. Chin Well Holdings Bhd's value of 4.58 is 37.1% above this industry median. Based on the distribution chart, Chin Well Holdings Bhd ranks #1076 out of 3006 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chin Well Holdings Bhd has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chin Well Holdings Bhd's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Chin Well Holdings Bhd ranks #1076 out of 3006 companies for Altman Z-Score. This puts Chin Well Holdings Bhd in the upper half of its industry. The industry median Altman Z-Score is 3.34. Chin Well Holdings Bhd's value of 4.58 is 37.1% above this benchmark. Historically, Chin Well Holdings Bhd's own Altman Z-Score has ranged from 3.56 to 6.77 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 3.34, Chin Well Holdings 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.34, based on 3,006 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. Chin Well Holdings Bhd's current Altman Z-Score of 4.58 is 37.1% 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 Chin Well Holdings Bhd and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chin Well Holdings Bhd's current Altman Z-Score is 4.58, which is near median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chin Well Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Chin Well Holdings Bhd (XKLS:5007) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.29, compared to a current price of RM0.83 — trading 35.7% below its estimated fair value. The current Altman Z-Score is 4.58, which is near median its 10-year median of 4.79 and 37.1% above the Industrial Products industry median of 3.34. Chin Well Holdings Bhd's overall GF Score™ is 76/100 with 6 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 Chin Well Holdings Bhd (XKLS:5007), the current Altman Z-Score is 4.58 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 Chin Well Holdings Bhd (XKLS:5007) Overvalued in 2026?

Based on GuruFocus' analysis, Chin Well Holdings Bhd stock appears to be undervalued. The current stock price of RM0.83 is trading 35.7% below its estimated GF Value™ of RM1.29. GuruFocus considers Chin Well Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5007:

  • Altman Z-Score: 4.58 (near median its 10-year median of 4.79)
  • GF Value™: RM1.29 vs. price of RM0.83 (35.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 37.1% above the Industrial Products median (#1076 of 3006)

No single metric tells the full story. See the XKLS:5007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chin Well Holdings Bhd Business Description

Address No. 1586, MK 11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other fastening products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The Investment Holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries, and others. It derives a majority of its revenue from Europe.
76GF Score

Get the complete analysis for XKLS:5007

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

RM0.83
Price
RM1.29
GF Value