Dfcity Group Bhd (XKLS:5165) Altman Z-Score: 1.19 (As of Jul. 02, 2026) — 20% Below Median


XKLS:5165 Dfcity Group Bhd XKLS:5165
30 GF Score
Price RM0.28
GF Value RM0.36
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dfcity Group Bhd Altman Z-Score?

Dfcity Group Bhd XKLS:5165 30 Altman Z-Score is 1.19 as of Jul. 02, 2026, which is 20% below its 10-year median of 1.49. GuruFocus rates XKLS:5165 with a GF Score™ of 30/100 and a GF Value™ of RM0.36 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 402 Building Materials companies, Dfcity Group Bhd ranks worse than 77.11% 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 1.23 is in distress zone. This implies bankruptcy possibility in the next two years.

Dfcity Group Bhd has a Altman Z-Score of 1.19, 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 Dfcity Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5165' s Altman Z-Score Range Over the Past 10 Years
Min: 1.11   Med: 1.49   Max: 1.94
Current: 1.23

During the past 13 years, Dfcity Group Bhd's highest Altman Z-Score was 1.94. The lowest was 1.11. And the median was 1.49.


Dfcity Group Bhd  (XKLS:5165) 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.


Dfcity Group Bhd Altman Z-Score Related Terms


Dfcity Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dfcity 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.

Dfcity Group Bhd Altman Z-Score Chart

Dfcity 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 1.31 1.51 1.19 1.31 1.53

Dfcity 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 1.34 1.94 1.76 1.53 1.36

XKLS:5165 vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Dfcity 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.


Dfcity Group Bhd Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dfcity Group Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5165
30GF Score
Dfcity Group Bhd XKLS:5165
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dfcity 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.

Dfcity 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*0.1552+1.4*0.0889+3.3*0.0073+0.6*1.0417+1.0*0.2259
=1.19

* 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 RM82.84 Mil.
Total Current Assets was RM35.59 Mil.
Total Current Liabilities was RM22.74 Mil.
Retained Earnings was RM7.36 Mil.
Pre-Tax Income was -0.29 + -0.229 + 0.038 + 0.14 = RM-0.34 Mil.
Interest Expense was -0.164 + -0.447 + -0.169 + -0.168 = RM-0.95 Mil.
Revenue was 4.078 + 4.186 + 5.795 + 4.657 = RM18.72 Mil.
Market Cap (Today) was RM29.55 Mil.
Total Liabilities was RM28.37 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
=(35.589 - 22.737)/82.835
=0.1552

X2=Retained Earnings/Total Assets
=7.363/82.835
=0.0889

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.341 - -0.948)/82.835
=0.0073

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=29.554/28.372
=1.0417

X5=Revenue/Total Assets
=18.716/82.835
=0.2259

The zones of discrimination were as such:

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

Dfcity Group Bhd has a Altman Z-Score of 1.19 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 1.19 mean?
Dfcity Group Bhd (XKLS:5165) has a Altman Z-Score of 1.19 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dfcity Group Bhd and its competitors. This is 20% below median its historical median of 1.49. Over the past decade, Dfcity Group Bhd's Altman Z-Score has ranged from 1.11 to 1.94. According to the industry distribution chart, Dfcity Group Bhd ranks #310 out of 402 companies in the Building Materials industry, placing it in the top 77.1%.
Is Dfcity Group Bhd's Altman Z-Score too high?
Dfcity Group Bhd's current Altman Z-Score of 1.19 is 20% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.94. The Building Materials industry median Altman Z-Score is 2.23. Dfcity Group Bhd's value of 1.19 is 46.5% below this industry median. Based on the distribution chart, Dfcity Group Bhd ranks #310 out of 402 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Dfcity Group Bhd has a GF Score™ of 30/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dfcity Group Bhd's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dfcity Group Bhd ranks #310 out of 402 companies for Altman Z-Score. This places Dfcity Group Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.23. Dfcity Group Bhd's value of 1.19 is 46.5% below this benchmark. Historically, Dfcity Group Bhd's own Altman Z-Score has ranged from 1.11 to 1.94 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.23, Dfcity 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.23, based on 402 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. Dfcity Group Bhd's current Altman Z-Score of 1.19 is 46.5% 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 Dfcity Group Bhd and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dfcity Group Bhd's current Altman Z-Score is 1.19, which is 20% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dfcity Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dfcity Group Bhd (XKLS:5165) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.36, compared to a current price of RM0.28 — trading 22.2% below its estimated fair value. The current Altman Z-Score is 1.19, which is 20% below median its 10-year median of 1.49 and 46.5% below the Building Materials industry median of 2.23. Dfcity Group Bhd's overall GF Score™ is 30/100 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 Dfcity Group Bhd (XKLS:5165), the current Altman Z-Score is 1.19 as of Jul. 02, 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 Dfcity Group Bhd (XKLS:5165) Overvalued in 2026?

Based on GuruFocus' analysis, Dfcity Group Bhd stock appears to be undervalued. The current stock price of RM0.28 is trading 22.2% below its estimated GF Value™ of RM0.36. GuruFocus considers Dfcity Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5165:

  • Altman Z-Score: 1.19 (20% below median its 10-year median of 1.49)
  • GF Value™: RM0.36 vs. price of RM0.28 (22.2% below fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 46.5% below the Building Materials median (#310 of 402)

No single metric tells the full story. See the XKLS:5165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dfcity Group Bhd Business Description

Address Lot 197, Jalan Sungai Putat, Batu Berendam, Melaka, MLA, MYS, 75350
Dfcity Group Bhd, through its subsidiaries, is engaged in the manufacturing and sale of dimension stones and related products. Its business activities include sourcing, processing, and distributing a wide range of dimension stones, including granite, marble, sandstone, and slate. The products are mainly used for a wide array of applications in commercial and residential properties, such as facade walls, flooring, staircases, monuments, furniture, pillars, garden sets, and landscaping. The company's reportable segments include Sales of goods, which derive maximum revenue, Construction, Property development, and Others. Geographically, it derives maximum revenue from Malaysia and the rest from Indonesia.
30GF Score

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

RM0.28
Price
RM0.36
GF Value