SaudiGold Group Bhd (XKLS:5157) Altman Z-Score: 1.06 (As of Jul. 01, 2026) — 42% Below Median


What is SaudiGold Group Bhd Altman Z-Score?

SaudiGold Group Bhd XKLS:5157 +15.38% Altman Z-Score is 1.06 as of Jul. 01, 2026, which is 42% below its 10-year median of 1.84. The stock has 3 warning signs investors should review. Among 1,928 Consumer Packaged Goods companies, SaudiGold Group Bhd ranks worse than 84.34% 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 0.99 is in distress zone. This implies bankruptcy possibility in the next two years.

SaudiGold Group Bhd has a Altman Z-Score of 1.06, 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 SaudiGold Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5157' s Altman Z-Score Range Over the Past 10 Years
Min: -0.04   Med: 1.84   Max: 4.92
Current: 0.99

During the past 13 years, SaudiGold Group Bhd's highest Altman Z-Score was 4.92. The lowest was -0.04. And the median was 1.84.


SaudiGold Group Bhd  (XKLS:5157) 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.


SaudiGold Group Bhd Altman Z-Score Related Terms


SaudiGold Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SaudiGold 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.

SaudiGold Group Bhd Altman Z-Score Chart

SaudiGold Group Bhd Annual Data
Trend May15 May16 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 3.12 1.59 2.04 0.76

SaudiGold Group Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.84 2.03 0.76 1.28 1.23

XKLS:5157 vs KHC, GIS, HRL: Altman Z-Score Comparison

For the Packaged Foods subindustry, SaudiGold 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.


SaudiGold Group Bhd Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SaudiGold Group Bhd's Altman Z-Score distribution charts can be found below:

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



SaudiGold 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.

SaudiGold 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*0.2957+1.4*0+3.3*-0.1375+0.6*0.8329+1.0*0.6595
=1.06

* 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 Jan. 2026:
Total Assets was RM136.14 Mil.
Total Current Assets was RM47.24 Mil.
Total Current Liabilities was RM6.97 Mil.
Retained Earnings was RM0.00 Mil.
Pre-Tax Income was 1.891 + 1.202 + -22.139 + 0.264 = RM-18.78 Mil.
Interest Expense was -0.013 + -0.013 + -0.023 + -0.013 = RM-0.06 Mil.
Revenue was 23.921 + 21.679 + 21.717 + 22.471 = RM89.79 Mil.
Market Cap (Today) was RM11.71 Mil.
Total Liabilities was RM14.06 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
=(47.237 - 6.974)/136.139
=0.2957

X2=Retained Earnings/Total Assets
=0/136.139
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-18.782 - -0.062)/136.139
=-0.1375

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11.713/14.063
=0.8329

X5=Revenue/Total Assets
=89.788/136.139
=0.6595

The zones of discrimination were as such:

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

SaudiGold Group Bhd has a Altman Z-Score of 1.06 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 1.06 mean?
SaudiGold Group Bhd (XKLS:5157) has a Altman Z-Score of 1.06 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SaudiGold Group Bhd and its competitors. This is 42% below median its historical median of 1.84. According to the industry distribution chart, SaudiGold Group Bhd ranks #1626 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 84.3%.
Is SaudiGold Group Bhd's Altman Z-Score too high?
SaudiGold Group Bhd's current Altman Z-Score of 1.06 is 42% below median its 10-year median of 1.84. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. SaudiGold Group Bhd's value of 1.06 is 62.5% below this industry median. Based on the distribution chart, SaudiGold Group Bhd ranks #1626 out of 1928 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does SaudiGold Group Bhd's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, SaudiGold Group Bhd ranks #1626 out of 1928 companies for Altman Z-Score. This places SaudiGold Group Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.83. SaudiGold Group Bhd's value of 1.06 is 62.5% below this benchmark. While the company's 10-year median is 1.84 vs. the industry median of 2.83, SaudiGold 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 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. SaudiGold Group Bhd's current Altman Z-Score of 1.06 is 62.5% 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 SaudiGold Group 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. SaudiGold Group Bhd's current Altman Z-Score is 1.06, which is 42% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SaudiGold Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, SaudiGold Group Bhd (XKLS:5157) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.08 — trading 55.9% below its estimated fair value. The current Altman Z-Score is 1.06, which is 42% below median its 10-year median of 1.84 and 62.5% below the Consumer Packaged Goods industry median of 2.83. 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 SaudiGold Group Bhd (XKLS:5157), the current Altman Z-Score is 1.06 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.

SaudiGold Group Bhd Business Description

Address Taman Perindustrian Sungai Petani Phase III, Plot 331, Sungai Petani, KDH, MYS, 08000
SaudiGold Group Bhd is an investment holding company that is engaged in the production, distribution, and marketing of fresh and frozen foods, processed poultry, beef products, and bakery products. Its brands include Saudi Gold and Farm's Gold. The Group operates in a single reportable segment, which is the manufacture and sale of frozen food.