Hup Seng Industries BhdXKLS:5024 -0.52%97 Altman Z-Score is 11.13 as of Jul. 01, 2026, which is 19% above its 10-year median of 9.32. GuruFocus rates XKLS:5024 with a GF Score™ of 97/100 and a GF Value™ of RM1.02 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,928 Consumer Packaged Goods companies, Hup Seng Industries Bhd ranks better than 92.69% 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 11.17 is strong.
Hup Seng Industries Bhd has a Altman Z-Score of 11.13, 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 Hup Seng Industries Bhd's Altman Z-Score or its related term are showing as below:
XKLS:5024'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.24 Med: 9.32 Max: 14.93
Current: 11.17
During the past 13 years, Hup Seng Industries Bhd's highest Altman Z-Score was 14.93. The lowest was 7.24. And the median was 9.32.
Hup Seng Industries Bhd (XKLS:5024) 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.
* 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 Packaged Foods subindustry, Hup Seng 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.
Hup Seng Industries Bhd Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hup Seng Industries Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hup Seng Industries Bhd's Altman Z-Score falls into.
Hup Seng 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.
* 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.
Hup Seng Industries Bhd (XKLS:5024) has a Altman Z-Score of 11.13 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hup Seng Industries Bhd and its competitors. This is 19% above median its historical median of 9.32. Over the past decade, Hup Seng Industries Bhd's Altman Z-Score has ranged from 7.24 to 14.93. According to the industry distribution chart, Hup Seng Industries Bhd ranks #141 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 7.3%.
Is Hup Seng Industries Bhd's Altman Z-Score too high?
Hup Seng Industries Bhd's current Altman Z-Score of 11.13 is 19% above median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 14.93. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Hup Seng Industries Bhd's value of 11.13 is 293.3% above this industry median. Based on the distribution chart, Hup Seng Industries Bhd ranks #141 out of 1928 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Hup Seng Industries Bhd has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hup Seng Industries Bhd's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hup Seng Industries Bhd ranks #141 out of 1928 companies for Altman Z-Score. This places Hup Seng Industries Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. Hup Seng Industries Bhd's value of 11.13 is 293.3% above this benchmark. Historically, Hup Seng Industries Bhd's own Altman Z-Score has ranged from 7.24 to 14.93 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 2.83, Hup Seng 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,928 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. Hup Seng Industries Bhd's current Altman Z-Score of 11.13 is 293.3% 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 Hup Seng Industries Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hup Seng Industries Bhd's current Altman Z-Score is 11.13, which is 19% above median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hup Seng Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hup Seng Industries Bhd (XKLS:5024) is currently considered Fairly Valued. The stock's GF Value™ is RM1.02, compared to a current price of RM0.96 — trading 6.4% below its estimated fair value. The current Altman Z-Score is 11.13, which is 19% above median its 10-year median of 9.32 and 293.3% above the Consumer Packaged Goods industry median of 2.83. Hup Seng Industries Bhd's overall GF Score™ is 97/100 with 1 warning sign 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 Hup Seng Industries Bhd (XKLS:5024), the current Altman Z-Score is 11.13 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 Hup Seng Industries Bhd (XKLS:5024) Overvalued in 2026?
Based on GuruFocus' analysis, Hup Seng Industries Bhd stock appears to be undervalued.
The current stock price of RM0.96 is trading 6.4% below its estimated GF Value™ of RM1.02.
GuruFocus considers Hup Seng Industries Bhd to be Fairly Valued.
Key valuation signals for XKLS:5024:
Altman Z-Score: 11.13 (19% above median its 10-year median of 9.32)
GF Value™: RM1.02 vs. price of RM0.96 (6.4% below fair value)
Industry Position: 293.3% above the Consumer Packaged Goods median (#141 of 1928)
No single metric tells the full story. See the XKLS:5024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hup Seng Industries Bhd is engaged in the business of manufacture and sales of biscuits and coffee mix, and dealers in biscuits, confectionery and other foodstuff. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. Its Biscuit manufacturing segment manufactures and sells biscuits. The beverage manufacturing segment consists of wholesale coffee mix and all kinds of foodstuffs. Its Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwiches, and many more. Instant Coffeemix, Teas and Cereals, Rice crackers, and other products.
97GF Score
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