Marine & General BhdXKLS:5078 +3.45%25 Altman Z-Score is 1.01 as of Jul. 06, 2026, which is 216% above its 10-year median of 0.32. GuruFocus rates XKLS:5078 with a GF Score™ of 25/100 and a GF Value™ of RM0.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 898 Oil & Gas companies, Marine & General Bhd ranks worse than 72.49% 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 1.01 is in distress zone. This implies bankruptcy possibility in the next two years.
Marine & General Bhd has a Altman Z-Score of 1.01, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Marine & General Bhd's Altman Z-Score or its related term are showing as below:
XKLS:5078'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.11 Med: 0.32 Max: 1.41
Current: 1.01
During the past 13 years, Marine & General Bhd's highest Altman Z-Score was 1.41. The lowest was -1.11. And the median was 0.32.
Marine & General Bhd (XKLS:5078) 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.
Altman Z-Score does not apply to financial companies.
Marine & General Bhd Altman Z-Score Related Terms
Marine & General Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Marine & General 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.
XKLS:5078 vs SLB, BKR, HAL: Altman Z-Score Comparison
For the Oil & Gas Equipment & Services subindustry, Marine & General 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.
Marine & General Bhd Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marine & General Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Marine & General Bhd's Altman Z-Score falls into.
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.
Marine & General 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
*
0.006
+
1.4
*
0.0091
+
3.3
*
0.0952
+
0.6
*
0.4087
+
1.0
*
0.4286
=
1.01
* 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.
Marine & General Bhd (XKLS:5078) has a Altman Z-Score of 1.01 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Marine & General Bhd and its competitors. This is 216% above median its historical median of 0.32. According to the industry distribution chart, Marine & General Bhd ranks #651 out of 898 companies in the Oil & Gas industry, placing it in the top 72.5%.
Is Marine & General Bhd's Altman Z-Score too high?
Marine & General Bhd's current Altman Z-Score of 1.01 is 216% above median its 10-year median of 0.32. The Oil & Gas industry median Altman Z-Score is 1.90. Marine & General Bhd's value of 1.01 is 46.8% below this industry median. Based on the distribution chart, Marine & General Bhd ranks #651 out of 898 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Marine & General Bhd has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine & General Bhd's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Marine & General Bhd ranks #651 out of 898 companies for Altman Z-Score. This places Marine & General Bhd in the lower half of its industry. The industry median Altman Z-Score is 1.90. Marine & General Bhd's value of 1.01 is 46.8% below this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 1.90, Marine & General Bhd has consistently been below 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 Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 898 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. Marine & General Bhd's current Altman Z-Score of 1.01 is 46.8% below 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 Marine & General Bhd and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine & General Bhd's current Altman Z-Score is 1.01, which is 216% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marine & General Bhd (XKLS:5078) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.30 — trading 20% above its estimated fair value. The current Altman Z-Score is 1.01, which is 216% above median its 10-year median of 0.32 and 46.8% below the Oil & Gas industry median of 1.90. Marine & General Bhd's overall GF Score™ is 25/100 with 5 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 Marine & General Bhd (XKLS:5078), the current Altman Z-Score is 1.01 as of Jul. 06, 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 Marine & General Bhd (XKLS:5078) Overvalued in 2026?
Based on GuruFocus' analysis, Marine & General Bhd stock appears to be overvalued.
The current stock price of RM0.30 is trading 20% above its estimated GF Value™ of RM0.25.
GuruFocus considers Marine & General Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5078:
Altman Z-Score: 1.01 (216% above median its 10-year median of 0.32)
GF Value™: RM0.25 vs. price of RM0.30 (20% above fair value)
Industry Position: 46.8% below the Oil & Gas median (#651 of 898)
No single metric tells the full story. See the XKLS:5078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine & General Bhd is an investment holding company. Through its subsidiary, it is engaged in business activities of provision of offshore marine support services, marine logistics services, and tanker management services. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. The company generates the majority of its revenue from Malaysia.
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