Plenitude Bhd (XKLS:5075) Altman Z-Score: 1.92 (As of Jul. 04, 2026) — Near Median


XKLS:5075 Plenitude Bhd XKLS:5075
86 GF Score
Price RM1.48
GF Value RM1.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Plenitude Bhd Altman Z-Score?

Plenitude Bhd XKLS:5075 86 Altman Z-Score is 1.92 as of Jul. 04, 2026, which is 6% above its 10-year median of 1.81. GuruFocus rates XKLS:5075 with a GF Score™ of 86/100 and a GF Value™ of RM1.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,729 Real Estate companies, Plenitude Bhd ranks better than 68.65% 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 1.92 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Plenitude Bhd has a Altman Z-Score of 1.92, indicating it is in Grey Zones. This implies that Plenitude Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Plenitude Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5075' s Altman Z-Score Range Over the Past 10 Years
Min: 0.91   Med: 1.81   Max: 3.74
Current: 1.92

During the past 13 years, Plenitude Bhd's highest Altman Z-Score was 3.74. The lowest was 0.91. And the median was 1.81.


Plenitude Bhd  (XKLS:5075) 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.


Plenitude Bhd Altman Z-Score Related Terms


Plenitude Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Plenitude 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.

Plenitude Bhd Altman Z-Score Chart

Plenitude 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 1.51 1.56 1.54 1.77 1.89

Plenitude 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 1.77 1.89 2.23 2.07 1.92

Plenitude Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Plenitude 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.


Plenitude Bhd Altman Z-Score vs Real Estate Industry

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

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


XKLS:5075
86GF Score
Plenitude Bhd XKLS:5075
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Plenitude 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.

Plenitude 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*0.244+1.4*0.4922+3.3*0.0621+0.6*0.8465+1.0*0.2282
=1.92

* 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 RM2,654.2 Mil.
Total Current Assets was RM986.0 Mil.
Total Current Liabilities was RM338.4 Mil.
Retained Earnings was RM1,306.5 Mil.
Pre-Tax Income was 29.486 + 34.015 + 42.06 + 43.115 = RM148.7 Mil.
Interest Expense was -3.66 + -3.845 + -4.081 + -4.478 = RM-16.1 Mil.
Revenue was 135.676 + 139.244 + 160.508 + 170.272 = RM605.7 Mil.
Market Cap (Today) was RM564.7 Mil.
Total Liabilities was RM667.1 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
=(986.005 - 338.431)/2654.206
=0.244

X2=Retained Earnings/Total Assets
=1306.524/2654.206
=0.4922

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(148.676 - -16.064)/2654.206
=0.0621

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=564.670/667.067
=0.8465

X5=Revenue/Total Assets
=605.7/2654.206
=0.2282

The zones of discrimination were as such:

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

Plenitude Bhd has a Altman Z-Score of 1.92 indicating it is in Grey 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 1.92 mean?
Plenitude Bhd (XKLS:5075) has a Altman Z-Score of 1.92 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Plenitude Bhd and its competitors. This is near median its historical median of 1.81. Over the past decade, Plenitude Bhd's Altman Z-Score has ranged from 0.91 to 3.74. According to the industry distribution chart, Plenitude Bhd ranks #542 out of 1729 companies in the Real Estate industry, placing it in the top 31.3%.
Is Plenitude Bhd's Altman Z-Score too high?
Plenitude Bhd's current Altman Z-Score of 1.92 is near median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.74. The Real Estate industry median Altman Z-Score is 1.30. Plenitude Bhd's value of 1.92 is 47.7% above this industry median. Based on the distribution chart, Plenitude Bhd ranks #542 out of 1729 companies in the Real Estate industry, which is above the industry midpoint. Overall, Plenitude Bhd has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plenitude Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Plenitude Bhd ranks #542 out of 1729 companies for Altman Z-Score. This puts Plenitude Bhd in the upper half of its industry. The industry median Altman Z-Score is 1.30. Plenitude Bhd's value of 1.92 is 47.7% above this benchmark. Historically, Plenitude Bhd's own Altman Z-Score has ranged from 0.91 to 3.74 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.30, Plenitude 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 1,729 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. Plenitude Bhd's current Altman Z-Score of 1.92 is 47.7% 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 Plenitude 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. Plenitude Bhd's current Altman Z-Score is 1.92, which is near median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plenitude Bhd stock overvalued right now?
Based on GuruFocus' analysis, Plenitude Bhd (XKLS:5075) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.82, compared to a current price of RM1.48 — trading 18.7% below its estimated fair value. The current Altman Z-Score is 1.92, which is near median its 10-year median of 1.81 and 47.7% above the Real Estate industry median of 1.30. Plenitude Bhd's overall GF Score™ is 86/100 with 3 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 Plenitude Bhd (XKLS:5075), the current Altman Z-Score is 1.92 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 Plenitude Bhd (XKLS:5075) Overvalued in 2026?

Based on GuruFocus' analysis, Plenitude Bhd stock appears to be undervalued. The current stock price of RM1.48 is trading 18.7% below its estimated GF Value™ of RM1.82. GuruFocus considers Plenitude Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5075:

  • Altman Z-Score: 1.92 (near median its 10-year median of 1.81)
  • GF Value™: RM1.82 vs. price of RM1.48 (18.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 47.7% above the Real Estate median (#542 of 1729)

No single metric tells the full story. See the XKLS:5075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plenitude Bhd Business Description

Address Jalan Sri Hartamas 8, 2nd Floor, No. 2, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480
Plenitude Bhd is an investment holding company with subsidiaries engaged in investment holding, land and property investment, property development, hoteliering and related services, all-suite hotel and serviced residence operations, building cleaning, project management, and consulting services. The company's main business segments include Property Development, Hotel Operations, Property Investment, and others. Its key projects include Travelodge Georgetown and The Gurney Resort Hotel and Residences. The Property Development segment contributes the majority of the company's revenue. The company operates in Malaysia, South Korea, and Japan, with the majority of its revenue coming from Malaysia.
86GF Score

Get the complete analysis for XKLS:5075

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

RM1.48
Price
RM1.82
GF Value