Country View Bhd (XKLS:5049) Altman Z-Score: 3.49 (As of Jun. 30, 2026) — 79% Above Median


XKLS:5049 Country View Bhd XKLS:5049
74 GF Score
Price RM3.16
GF Value RM3.80
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Country View Bhd Altman Z-Score?

Country View Bhd XKLS:5049 -0.94% 74 Altman Z-Score is 3.49 as of Jun. 30, 2026, which is 79% above its 10-year median of 1.95. GuruFocus rates XKLS:5049 with a GF Score™ of 74/100 and a GF Value™ of RM3.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,733 Real Estate companies, Country View Bhd ranks better than 85.52% 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 3.49 is strong.

Country View Bhd has a Altman Z-Score of 3.49, 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 Country View Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5049' s Altman Z-Score Range Over the Past 10 Years
Min: 0.52   Med: 1.95   Max: 3.51
Current: 3.49

During the past 13 years, Country View Bhd's highest Altman Z-Score was 3.51. The lowest was 0.52. And the median was 1.95.


Country View Bhd  (XKLS:5049) 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.


Country View Bhd Altman Z-Score Related Terms


Country View Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Country View 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.

Country View Bhd Altman Z-Score Chart

Country View Bhd Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.84 1.90 2.28 3.24

Country View Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.55 2.97 3.01 3.24 3.51

Country View Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Country View 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.


Country View Bhd Altman Z-Score vs Real Estate Industry

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

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


XKLS:5049
74GF Score
Country View Bhd XKLS:5049
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Country View 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.

Country View 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*0.6622+1.4*0.5413+3.3*0.1531+0.6*1.5002+1.0*0.5342
=3.49

* 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 Feb. 2026:
Total Assets was RM681.9 Mil.
Total Current Assets was RM613.3 Mil.
Total Current Liabilities was RM161.8 Mil.
Retained Earnings was RM369.1 Mil.
Pre-Tax Income was 27.605 + 25.315 + 20.236 + 24.998 = RM98.2 Mil.
Interest Expense was -1.001 + -1.691 + -1.72 + -1.796 = RM-6.2 Mil.
Revenue was 98.812 + 83.626 + 79.03 + 102.801 = RM364.3 Mil.
Market Cap (Today) was RM319.0 Mil.
Total Liabilities was RM212.6 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
=(613.324 - 161.781)/681.871
=0.6622

X2=Retained Earnings/Total Assets
=369.109/681.871
=0.5413

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(98.154 - -6.208)/681.871
=0.1531

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=319.000/212.638
=1.5002

X5=Revenue/Total Assets
=364.269/681.871
=0.5342

The zones of discrimination were as such:

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

Country View Bhd has a Altman Z-Score of 3.49 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 3.49 mean?
Country View Bhd (XKLS:5049) has a Altman Z-Score of 3.49 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Country View Bhd and its competitors. This is 79% above median its historical median of 1.95. Over the past decade, Country View Bhd's Altman Z-Score has ranged from 0.52 to 3.51. According to the industry distribution chart, Country View Bhd ranks #251 out of 1733 companies in the Real Estate industry, placing it in the top 14.5%.
Is Country View Bhd's Altman Z-Score too high?
Country View Bhd's current Altman Z-Score of 3.49 is 79% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.51. The Real Estate industry median Altman Z-Score is 1.30. Country View Bhd's value of 3.49 is 168.5% above this industry median. Based on the distribution chart, Country View Bhd ranks #251 out of 1733 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Country View Bhd has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Country View Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Country View Bhd ranks #251 out of 1733 companies for Altman Z-Score. This places Country View Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. Country View Bhd's value of 3.49 is 168.5% above this benchmark. Historically, Country View Bhd's own Altman Z-Score has ranged from 0.52 to 3.51 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.30, Country View 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 1,733 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. Country View Bhd's current Altman Z-Score of 3.49 is 168.5% 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 Country View 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. Country View Bhd's current Altman Z-Score is 3.49, which is 79% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country View Bhd stock overvalued right now?
Based on GuruFocus' analysis, Country View Bhd (XKLS:5049) is currently considered Modestly Undervalued. The stock's GF Value™ is RM3.80, compared to a current price of RM3.16 — trading 16.8% below its estimated fair value. The current Altman Z-Score is 3.49, which is 79% above median its 10-year median of 1.95 and 168.5% above the Real Estate industry median of 1.30. Country View Bhd's overall GF Score™ is 74/100 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 Country View Bhd (XKLS:5049), the current Altman Z-Score is 3.49 as of Jun. 30, 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 Country View Bhd (XKLS:5049) Overvalued in 2026?

Based on GuruFocus' analysis, Country View Bhd stock appears to be undervalued. The current stock price of RM3.16 is trading 16.8% below its estimated GF Value™ of RM3.80. GuruFocus considers Country View Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5049:

  • Altman Z-Score: 3.49 (79% above median its 10-year median of 1.95)
  • GF Value™: RM3.80 vs. price of RM3.16 (16.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 168.5% above the Real Estate median (#251 of 1733)

No single metric tells the full story. See the XKLS:5049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Country View Bhd Business Description

Address No. 12, Jalan Ngee Heng, Mail Box 261, Menara Landmark, Unit 26-01, Level 26, Ibrahim International Business District, Johor Bahru, JHR, MYS, 80888
Country View Bhd is a company that operates in the real estate sector. The principal activities of the company are property development, investment holding and property investment. The company's business segments are as follows: (a) Property development - Development of residential and commercial properties. (b) Investment holding - Investing in subsidiaries which are long term in nature. (c) Others. The majority of revenue is derived from the Property development segment. The company operates predominantly in Malaysia.
74GF Score

Get the complete analysis for XKLS:5049

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

RM3.16
Price
RM3.80
GF Value