Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Velesto Energy BhdXKLS:5243 -3.85%59 Altman Z-Score is 4.51 as of Jul. 19, 2026, which is 664% above its 10-year median of 0.59. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 897 Oil & Gas companies, Velesto Energy Bhd ranks better than 84.73% 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 4.51 is strong.
Velesto Energy Bhd has a Altman Z-Score of 4.51, 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 Velesto Energy Bhd's Altman Z-Score or its related term are showing as below:
XKLS:5243'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.97 Med: 0.59 Max: 5.66
Current: 4.51
During the past 13 years, Velesto Energy Bhd's highest Altman Z-Score was 5.66. The lowest was -0.97. And the median was 0.59.
Velesto Energy Bhd (XKLS:5243) 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.
Altman Z-Score does not apply to financial companies.
Velesto Energy Bhd Altman Z-Score Related Terms
Velesto Energy Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Velesto Energy 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.
XKLS:5243 vs NE, RIG, VAL: Altman Z-Score Comparison
For the Oil & Gas Drilling subindustry, Velesto Energy 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.
Velesto Energy Bhd Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Velesto Energy Bhd's Altman Z-Score falls into.
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.
Velesto Energy 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
*
0.1102
+
1.4
*
0.4112
+
3.3
*
0.0765
+
0.6
*
5.4068
+
1.0
*
0.3061
=
4.51
* 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.
Velesto Energy Bhd (XKLS:5243) has a Altman Z-Score of 4.51 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Velesto Energy Bhd and its competitors. This is 664% above median its historical median of 0.59. According to the industry distribution chart, Velesto Energy Bhd ranks #137 out of 897 companies in the Oil & Gas industry, placing it in the top 15.3%.
Is Velesto Energy Bhd's Altman Z-Score too high?
Velesto Energy Bhd's current Altman Z-Score of 4.51 is 664% above median its 10-year median of 0.59. The Oil & Gas industry median Altman Z-Score is 1.91. Velesto Energy Bhd's value of 4.51 is 136.1% above this industry median. Based on the distribution chart, Velesto Energy Bhd ranks #137 out of 897 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's Altman Z-Score compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Velesto Energy Bhd ranks #137 out of 897 companies for Altman Z-Score. This places Velesto Energy Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.91. Velesto Energy Bhd's value of 4.51 is 136.1% above this benchmark. While the company's 10-year median is 0.59 vs. the industry median of 1.91, Velesto Energy 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.91, based on 897 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. Velesto Energy Bhd's current Altman Z-Score of 4.51 is 136.1% 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 Velesto Energy Bhd and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velesto Energy Bhd's current Altman Z-Score is 4.51, which is 664% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.25 — trading 38.9% above its estimated fair value. The current Altman Z-Score is 4.51, which is 664% above median its 10-year median of 0.59 and 136.1% above the Oil & Gas industry median of 1.91. Velesto Energy Bhd's overall GF Score™ is 59/100 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 Velesto Energy Bhd (XKLS:5243), the current Altman Z-Score is 4.51 as of Jul. 19, 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 Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?
Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued.
The current stock price of RM0.25 is trading 38.9% above its estimated GF Value™ of RM0.18.
GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5243:
Altman Z-Score: 4.51 (664% above median its 10-year median of 0.59)
GF Value™: RM0.18 vs. price of RM0.25 (38.9% above fair value)
Industry Position: 136.1% above the Oil & Gas median (#137 of 897)
No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score
Get the complete analysis for XKLS:5243
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5243 has been successfully added to your 
