Cypark Resources Bhd (XKLS:5184) Altman Z-Score: 0.58 (As of Jul. 02, 2026) — 48% Below Median


XKLS:5184 Cypark Resources Bhd XKLS:5184
36 GF Score
Price RM0.68
GF Value RM0.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cypark Resources Bhd Altman Z-Score?

Cypark Resources Bhd XKLS:5184 +1.49% 36 Altman Z-Score is 0.58 as of Jul. 02, 2026, which is 48% below its 10-year median of 1.12. GuruFocus rates XKLS:5184 with a GF Score™ of 36/100 and a GF Value™ of RM0.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, Cypark Resources Bhd ranks worse than 76.94% 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 0.58 is in distress zone. This implies bankruptcy possibility in the next two years.

Cypark Resources Bhd has a Altman Z-Score of 0.58, 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 Cypark Resources Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5184' s Altman Z-Score Range Over the Past 10 Years
Min: 0.58   Med: 1.12   Max: 1.38
Current: 0.58

During the past 13 years, Cypark Resources Bhd's highest Altman Z-Score was 1.38. The lowest was 0.58. And the median was 1.12.


Cypark Resources Bhd  (XKLS:5184) 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.


Cypark Resources Bhd Altman Z-Score Related Terms


Cypark Resources Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Cypark Resources 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.

Cypark Resources Bhd Altman Z-Score Chart

Cypark Resources Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Apr24 Apr25 Apr26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.83 0.66 0.69 0.59

Cypark Resources Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.69 0.69 0.62 0.51 0.59

Cypark Resources Bhd Altman Z-Score Competitor Comparison

For the Utilities - Renewable subindustry, Cypark Resources 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.


Cypark Resources Bhd Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cypark Resources Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5184
36GF Score
Cypark Resources Bhd XKLS:5184
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cypark Resources 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.

Cypark Resources 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*0.265+1.4*0.0016+3.3*0.0076+0.6*0.2912+1.0*0.0641
=0.58

* 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 Apr. 2026:
Total Assets was RM2,793.7 Mil.
Total Current Assets was RM995.5 Mil.
Total Current Liabilities was RM255.1 Mil.
Retained Earnings was RM4.6 Mil.
Pre-Tax Income was 17.108 + -16.955 + -14.872 + -17.597 = RM-32.3 Mil.
Interest Expense was -15.597 + -13.221 + -12.543 + -12.288 = RM-53.6 Mil.
Revenue was 48.112 + 43.224 + 46.187 + 41.659 = RM179.2 Mil.
Market Cap (Today) was RM559.5 Mil.
Total Liabilities was RM1,921.6 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
=(995.498 - 255.069)/2793.667
=0.265

X2=Retained Earnings/Total Assets
=4.591/2793.667
=0.0016

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-32.316 - -53.649)/2793.667
=0.0076

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=559.523/1921.597
=0.2912

X5=Revenue/Total Assets
=179.182/2793.667
=0.0641

The zones of discrimination were as such:

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

Cypark Resources Bhd has a Altman Z-Score of 0.58 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 0.58 mean?
Cypark Resources Bhd (XKLS:5184) has a Altman Z-Score of 0.58 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cypark Resources Bhd and its competitors. This is 48% below median its historical median of 1.12. Over the past decade, Cypark Resources Bhd's Altman Z-Score has ranged from 0.58 to 1.38. According to the industry distribution chart, Cypark Resources Bhd ranks #317 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.9%.
Is Cypark Resources Bhd's Altman Z-Score too high?
Cypark Resources Bhd's current Altman Z-Score of 0.58 is 48% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.38. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.23. Cypark Resources Bhd's value of 0.58 is 52.8% below this industry median. Based on the distribution chart, Cypark Resources Bhd ranks #317 out of 412 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Cypark Resources Bhd has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cypark Resources Bhd's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Cypark Resources Bhd ranks #317 out of 412 companies for Altman Z-Score. This places Cypark Resources Bhd in the lower half of its industry. The industry median Altman Z-Score is 1.23. Cypark Resources Bhd's value of 0.58 is 52.8% below this benchmark. Historically, Cypark Resources Bhd's own Altman Z-Score has ranged from 0.58 to 1.38 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.23, Cypark Resources 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 Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.23, based on 412 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. Cypark Resources Bhd's current Altman Z-Score of 0.58 is 52.8% 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 Cypark Resources Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cypark Resources Bhd's current Altman Z-Score is 0.58, which is 48% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cypark Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cypark Resources Bhd (XKLS:5184) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.80, compared to a current price of RM0.68 — trading 15% below its estimated fair value. The current Altman Z-Score is 0.58, which is 48% below median its 10-year median of 1.12 and 52.8% below the Utilities - Independent Power Producers industry median of 1.23. Cypark Resources Bhd's overall GF Score™ is 36/100 with 4 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 Cypark Resources Bhd (XKLS:5184), the current Altman Z-Score is 0.58 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 Cypark Resources Bhd (XKLS:5184) Overvalued in 2026?

Based on GuruFocus' analysis, Cypark Resources Bhd stock appears to be undervalued. The current stock price of RM0.68 is trading 15% below its estimated GF Value™ of RM0.80. GuruFocus considers Cypark Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5184:

  • Altman Z-Score: 0.58 (48% below median its 10-year median of 1.12)
  • GF Value™: RM0.80 vs. price of RM0.68 (15% below fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 52.8% below the Utilities - Independent Power Producers median (#317 of 412)

No single metric tells the full story. See the XKLS:5184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cypark Resources Bhd Business Description

Address The Intermark, 348 Jalan Tun Razak, Suite 27-01, Level 27 of Integra Tower, Kuala Lumpur, SGR, MYS, 50400
Cypark Resources Bhd is an investment holding company. The group is organised into the following reportable business segments: Renewable energy; Construction and engineering; Green technology and environment services and Waste management. It generates maximum revenue from the Renewable energy segment. Renewable energy segment is engaged in renewable energy businesses related to sales of energy generated from solar projects, Engineering, Procurement, Construction and Commissions (EPCC) in solar projects, operations and maintenance for solar projects and other related specialist and consultancy works on solar.
36GF Score

Get the complete analysis for XKLS:5184

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

RM0.68
Price
RM0.80
GF Value