Mudajaya Group Bhd (XKLS:5085) Altman Z-Score: 0.37 (As of Jun. 30, 2026) — 14% Below Median


XKLS:5085 Mudajaya Group Bhd XKLS:5085
14 GF Score
Price RM0.33
GF Value RM0.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mudajaya Group Bhd Altman Z-Score?

Mudajaya Group Bhd XKLS:5085 -1.52% 14 Altman Z-Score is 0.37 as of Jun. 30, 2026, which is 14% below its 10-year median of 0.43. GuruFocus rates XKLS:5085 with a GF Score™ of 14/100 and a GF Value™ of RM0.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,753 Construction companies, Mudajaya Group Bhd ranks worse than 91.39% 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 0.37 is in distress zone. This implies bankruptcy possibility in the next two years.

Mudajaya Group Bhd has a Altman Z-Score of 0.37, 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 Mudajaya Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5085' s Altman Z-Score Range Over the Past 10 Years
Min: -0.2   Med: 0.43   Max: 0.95
Current: 0.37

During the past 13 years, Mudajaya Group Bhd's highest Altman Z-Score was 0.95. The lowest was -0.20. And the median was 0.43.


Mudajaya Group Bhd  (XKLS:5085) 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.


Mudajaya Group Bhd Altman Z-Score Related Terms


Mudajaya Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mudajaya Group 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.

Mudajaya Group Bhd Altman Z-Score Chart

Mudajaya Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.64 0.38 0.69 0.37

Mudajaya Group 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 0.67 0.65 0.56 0.37 0.39

XKLS:5085 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Mudajaya Group 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.


Mudajaya Group Bhd Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Mudajaya Group Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5085
14GF Score
Mudajaya Group Bhd XKLS:5085
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mudajaya Group 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.

Mudajaya Group 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*0.1626+1.4*-0.1136+3.3*0.0356+0.6*0.1659+1.0*0.1177
=0.37

* 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 RM1,859.1 Mil.
Total Current Assets was RM1,003.5 Mil.
Total Current Liabilities was RM701.2 Mil.
Retained Earnings was RM-211.1 Mil.
Pre-Tax Income was 3.508 + 8.095 + 7.687 + 5.858 = RM25.1 Mil.
Interest Expense was -9.485 + -10.501 + -10.053 + -11.066 = RM-41.1 Mil.
Revenue was 44.532 + 73.045 + 46.417 + 54.801 = RM218.8 Mil.
Market Cap (Today) was RM172.7 Mil.
Total Liabilities was RM1,041.0 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
=(1003.483 - 701.233)/1859.1
=0.1626

X2=Retained Earnings/Total Assets
=-211.14/1859.1
=-0.1136

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(25.148 - -41.105)/1859.1
=0.0356

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=172.729/1041.015
=0.1659

X5=Revenue/Total Assets
=218.795/1859.1
=0.1177

The zones of discrimination were as such:

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

Mudajaya Group Bhd has a Altman Z-Score of 0.37 indicating it is in Distress 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 0.37 mean?
Mudajaya Group Bhd (XKLS:5085) has a Altman Z-Score of 0.37 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mudajaya Group Bhd and its competitors. This is 14% below median its historical median of 0.43. According to the industry distribution chart, Mudajaya Group Bhd ranks #1602 out of 1753 companies in the Construction industry, placing it in the top 91.4%.
Is Mudajaya Group Bhd's Altman Z-Score too high?
Mudajaya Group Bhd's current Altman Z-Score of 0.37 is 14% below median its 10-year median of 0.43. The Construction industry median Altman Z-Score is 2.33. Mudajaya Group Bhd's value of 0.37 is 84.1% below this industry median. Based on the distribution chart, Mudajaya Group Bhd ranks #1602 out of 1753 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Mudajaya Group Bhd has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mudajaya Group Bhd's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Mudajaya Group Bhd ranks #1602 out of 1753 companies for Altman Z-Score. This places Mudajaya Group Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.33. Mudajaya Group Bhd's value of 0.37 is 84.1% below this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 2.33, Mudajaya Group 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 a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. Mudajaya Group Bhd's current Altman Z-Score of 0.37 is 84.1% 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 Mudajaya Group Bhd and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mudajaya Group Bhd's current Altman Z-Score is 0.37, which is 14% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mudajaya Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mudajaya Group Bhd (XKLS:5085) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.33 — trading 35.4% above its estimated fair value. The current Altman Z-Score is 0.37, which is 14% below median its 10-year median of 0.43 and 84.1% below the Construction industry median of 2.33. Mudajaya Group Bhd's overall GF Score™ is 14/100 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 Mudajaya Group Bhd (XKLS:5085), the current Altman Z-Score is 0.37 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 Mudajaya Group Bhd (XKLS:5085) Overvalued in 2026?

Based on GuruFocus' analysis, Mudajaya Group Bhd stock appears to be overvalued. The current stock price of RM0.33 is trading 35.4% above its estimated GF Value™ of RM0.24. GuruFocus considers Mudajaya Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5085:

  • Altman Z-Score: 0.37 (14% below median its 10-year median of 0.43)
  • GF Value™: RM0.24 vs. price of RM0.33 (35.4% above fair value)
  • GF Score™: 14/100 with 5 warning signs
  • Industry Position: 84.1% below the Construction median (#1602 of 1753)

No single metric tells the full story. See the XKLS:5085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mudajaya Group Bhd Business Description

Address Number 12A, Jalan PJU 7/3, PH1, Menara Mudajaya, Mutiara Damansara, Petaling Jaya, MYS, 47810
Mudajaya Group Bhd along with its subsidiaries, the firm operates in five reportable segments including Construction, Property, Power, Trading and manufacturing, Investment and others. The construction segment is engaged in undertaking engineering, construction works, and equipment procurement. The property segment develops residential and commercial properties. The power segment is engaged in the sale of power energy. The trading and manufacturing segment is engaged in the sales and manufacturing of construction-related products. It operates in Malaysia, Indonesia, India, the Republic of Mauritius, and Negara Brunei Darussalam. The company generates the majority of its revenue from the trading and manufacturing segment.
14GF Score

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

RM0.33
Price
RM0.24
GF Value