Swift Haulage Bhd (XKLS:5303) Altman Z-Score: 1.08 (As of Jul. 01, 2026) — Near Median


XKLS:5303 Swift Haulage Bhd XKLS:5303
58 GF Score
Price RM0.38
GF Value RM0.50
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Swift Haulage Bhd Altman Z-Score?

Swift Haulage Bhd XKLS:5303 58 Altman Z-Score is 1.08 as of Jul. 01, 2026, which is 4% below its 10-year median of 1.12. GuruFocus rates XKLS:5303 with a GF Score™ of 58/100 and a GF Value™ of RM0.50 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 993 Transportation companies, Swift Haulage Bhd ranks worse than 80.36% 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 1.07 is in distress zone. This implies bankruptcy possibility in the next two years.

Swift Haulage Bhd has a Altman Z-Score of 1.08, 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 Swift Haulage Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5303' s Altman Z-Score Range Over the Past 10 Years
Min: 1.07   Med: 1.12   Max: 1.48
Current: 1.07

During the past 8 years, Swift Haulage Bhd's highest Altman Z-Score was 1.48. The lowest was 1.07. And the median was 1.12.


Swift Haulage Bhd  (XKLS:5303) 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.


Swift Haulage Bhd Altman Z-Score Related Terms


Swift Haulage Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Swift Haulage 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.

Swift Haulage Bhd Altman Z-Score Chart

Swift Haulage Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 1.48 1.13 1.11 1.10 1.07

Swift Haulage 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 1.09 1.09 1.10 1.07 1.08

XKLS:5303 vs UPS, FDX, JBHT: Altman Z-Score Comparison

For the Integrated Freight & Logistics subindustry, Swift Haulage 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.


Swift Haulage Bhd Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Swift Haulage Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5303
58GF Score
Swift Haulage Bhd XKLS:5303
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Swift Haulage 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.

Swift Haulage 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*0.007+1.4*0.2082+3.3*0.0437+0.6*0.3194+1.0*0.4404
=1.08

* 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 RM1,754.1 Mil.
Total Current Assets was RM322.1 Mil.
Total Current Liabilities was RM309.8 Mil.
Retained Earnings was RM365.2 Mil.
Pre-Tax Income was 10.693 + 9.144 + 10.409 + 10.364 = RM40.6 Mil.
Interest Expense was -8.462 + -9.062 + -9.088 + -9.415 = RM-36.0 Mil.
Revenue was 189.492 + 193.32 + 200.965 + 188.748 = RM772.5 Mil.
Market Cap (Today) was RM319.0 Mil.
Total Liabilities was RM998.6 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
=(322.104 - 309.807)/1754.096
=0.007

X2=Retained Earnings/Total Assets
=365.249/1754.096
=0.2082

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(40.61 - -36.027)/1754.096
=0.0437

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=318.979/998.634
=0.3194

X5=Revenue/Total Assets
=772.525/1754.096
=0.4404

The zones of discrimination were as such:

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

Swift Haulage Bhd has a Altman Z-Score of 1.08 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 1.08 mean?
Swift Haulage Bhd (XKLS:5303) has a Altman Z-Score of 1.08 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Swift Haulage Bhd and its competitors. This is near median its historical median of 1.12. Over the past decade, Swift Haulage Bhd's Altman Z-Score has ranged from 1.07 to 1.48. According to the industry distribution chart, Swift Haulage Bhd ranks #798 out of 993 companies in the Transportation industry, placing it in the top 80.4%.
Is Swift Haulage Bhd's Altman Z-Score too high?
Swift Haulage Bhd's current Altman Z-Score of 1.08 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.48. The Transportation industry median Altman Z-Score is 2.27. Swift Haulage Bhd's value of 1.08 is 52.4% below this industry median. Based on the distribution chart, Swift Haulage Bhd ranks #798 out of 993 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Swift Haulage Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swift Haulage Bhd's Altman Z-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Swift Haulage Bhd ranks #798 out of 993 companies for Altman Z-Score. This places Swift Haulage Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.27. Swift Haulage Bhd's value of 1.08 is 52.4% below this benchmark. Historically, Swift Haulage Bhd's own Altman Z-Score has ranged from 1.07 to 1.48 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.27, Swift Haulage 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 993 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. Swift Haulage Bhd's current Altman Z-Score of 1.08 is 52.4% 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 Swift Haulage Bhd and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swift Haulage Bhd's current Altman Z-Score is 1.08, which is near 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 Swift Haulage Bhd stock overvalued right now?
Based on GuruFocus' analysis, Swift Haulage Bhd (XKLS:5303) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.50, compared to a current price of RM0.38 — trading 24% below its estimated fair value. The current Altman Z-Score is 1.08, which is near median its 10-year median of 1.12 and 52.4% below the Transportation industry median of 2.27. Swift Haulage Bhd's overall GF Score™ is 58/100 with 7 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 Swift Haulage Bhd (XKLS:5303), the current Altman Z-Score is 1.08 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 Swift Haulage Bhd (XKLS:5303) Overvalued in 2026?

Based on GuruFocus' analysis, Swift Haulage Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 24% below its estimated GF Value™ of RM0.50. GuruFocus considers Swift Haulage Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5303:

  • Altman Z-Score: 1.08 (near median its 10-year median of 1.12)
  • GF Value™: RM0.50 vs. price of RM0.38 (24% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 52.4% below the Transportation median (#798 of 993)

No single metric tells the full story. See the XKLS:5303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swift Haulage Bhd Business Description

Address No. 88, Jalan Batai Laut 4, Suite 8.02, Level 8, Intan Millennium Square 2, IMS 2, Taman Intan, Klang, SGR, MYS, 41300
Swift Haulage Bhd is principally involved in providing integrated logistics services comprising Container haulage, which derives key revenue, Land Transportation, Warehousing, Fre and container depot, and Freight forwarding. It has operations in Malaysia and Thailand. The Container haulage segment is engaged in transporting laden containers to and from seaports and other locations within Peninsular Malaysia. The Land Transportation segment is into the Movement of cargo by road, comprising inland transportation and cross-border transportation. Warehousing and container depot include warehousing services, rental of a warehouse, and an open yard area. The freight forwarding segment is into organising end-to-end transportation of cargo, i.e., sea, air, and land freight forwarding.
58GF Score

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

RM0.38
Price
RM0.50
GF Value