Homeritz Bhd (XKLS:5160) Altman Z-Score: 5.81 (As of Jul. 01, 2026) — 32% Below Median


XKLS:5160 Homeritz Corp Bhd XKLS:5160
51 GF Score
Price RM0.39
GF Value RM0.61
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Homeritz Bhd Altman Z-Score?

Homeritz Bhd XKLS:5160 +2.67% 51 Altman Z-Score is 5.81 as of Jul. 01, 2026, which is 32% below its 10-year median of 8.54. GuruFocus rates XKLS:5160 with a GF Score™ of 51/100 and a GF Value™ of RM0.61 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Homeritz Bhd ranks better than 82.39% 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.

Good Sign:

Altman Z-score of 5.7 is strong.

Homeritz Bhd has a Altman Z-Score of 5.81, 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 Homeritz Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5160' s Altman Z-Score Range Over the Past 10 Years
Min: 5.7   Med: 8.54   Max: 16.09
Current: 5.7

During the past 13 years, Homeritz Bhd's highest Altman Z-Score was 16.09. The lowest was 5.70. And the median was 8.54.


Homeritz Bhd  (XKLS:5160) 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.


Homeritz Bhd Altman Z-Score Related Terms


Homeritz Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Homeritz 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.

Homeritz Bhd Altman Z-Score Chart

Homeritz Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 8.78 8.43 8.24 7.67

Homeritz 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 7.51 8.62 7.67 6.95 5.97

XKLS:5160 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Homeritz 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.


Homeritz Bhd Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Homeritz Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5160
51GF Score
Homeritz Corp Bhd XKLS:5160
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Homeritz 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.

Homeritz 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*0.6463+1.4*0+3.3*0.0847+0.6*6.8831+1.0*0.6273
=5.81

* 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 RM344.5 Mil.
Total Current Assets was RM244.7 Mil.
Total Current Liabilities was RM22.1 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was 6.022 + 8.937 + 6.803 + 7.411 = RM29.2 Mil.
Interest Expense was 0 + 0 + 0 + 0 = RM0.0 Mil.
Revenue was 52.463 + 55.805 + 51.512 + 56.351 = RM216.1 Mil.
Market Cap (Today) was RM176.7 Mil.
Total Liabilities was RM25.7 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
=(244.717 - 22.06)/344.534
=0.6463

X2=Retained Earnings/Total Assets
=0/344.534
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(29.173 - 0)/344.534
=0.0847

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=176.654/25.665
=6.8831

X5=Revenue/Total Assets
=216.131/344.534
=0.6273

The zones of discrimination were as such:

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

Homeritz Bhd has a Altman Z-Score of 5.81 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 5.81 mean?
Homeritz Bhd (XKLS:5160) has a Altman Z-Score of 5.81 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Homeritz Bhd and its competitors. This is 32% below median its historical median of 8.54. Over the past decade, Homeritz Bhd's Altman Z-Score has ranged from 5.70 to 16.09. According to the industry distribution chart, Homeritz Bhd ranks #75 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 17.6%.
Is Homeritz Bhd's Altman Z-Score too high?
Homeritz Bhd's current Altman Z-Score of 5.81 is 32% below median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 16.09. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. Homeritz Bhd's value of 5.81 is 109.4% above this industry median. Based on the distribution chart, Homeritz Bhd ranks #75 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Homeritz Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Homeritz Bhd's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Homeritz Bhd ranks #75 out of 426 companies for Altman Z-Score. This places Homeritz Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.78. Homeritz Bhd's value of 5.81 is 109.4% above this benchmark. Historically, Homeritz Bhd's own Altman Z-Score has ranged from 5.70 to 16.09 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 2.78, Homeritz 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 426 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. Homeritz Bhd's current Altman Z-Score of 5.81 is 109.4% 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 Homeritz Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Homeritz Bhd's current Altman Z-Score is 5.81, which is 32% below median its own 10-year median of 8.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Homeritz Bhd stock overvalued right now?
Based on GuruFocus' analysis, Homeritz Bhd (XKLS:5160) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.39 — trading 36.9% below its estimated fair value. The current Altman Z-Score is 5.81, which is 32% below median its 10-year median of 8.54 and 109.4% above the Furnishings, Fixtures & Appliances industry median of 2.78. Homeritz Bhd's overall GF Score™ is 51/100 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 Homeritz Bhd (XKLS:5160), the current Altman Z-Score is 5.81 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.

Is Homeritz Bhd (XKLS:5160) Overvalued in 2026?

Based on GuruFocus' analysis, Homeritz Bhd stock appears to be undervalued. The current stock price of RM0.39 is trading 36.9% below its estimated GF Value™ of RM0.61. GuruFocus considers Homeritz Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5160:

  • Altman Z-Score: 5.81 (32% below median its 10-year median of 8.54)
  • GF Value™: RM0.61 vs. price of RM0.39 (36.9% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 109.4% above the Furnishings, Fixtures & Appliances median (#75 of 426)

No single metric tells the full story. See the XKLS:5160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Homeritz Bhd Business Description

Address Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200
Homeritz Corp Bhd is an investment holding company. The company, along with its subsidiaries, is principally an integrated Original Design Manufacturer (ODM) and Original Equipment Manufacturer (OEM) specializing in the production of a full range of upholstered home furniture products. The company designs, manufactures and sells upholstered home furniture. Its product portfolio includes upholstered sofas, upholstered dining chairs, upholstered bed frames, and other home furniture items such as cushion seats, sofa beds, and tables. The company operates in a single operating segment, namely the furniture industry. It derives revenue from the sales of furniture and furniture parts. Geographically, it generates the maximum revenue from the Americas and European Countries.
51GF Score

Get the complete analysis for XKLS:5160

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

RM0.39
Price
RM0.61
GF Value