CPE Technology Bhd (XKLS:5317) Altman Z-Score: 20.69 (As of Jul. 01, 2026) — 32% Above Median


XKLS:5317 CPE Technology Bhd XKLS:5317
46 GF Score
Price RM0.82
! 7 Warning Signs
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What is CPE Technology Bhd Altman Z-Score?

CPE Technology Bhd XKLS:5317 +2.52% 46 Altman Z-Score is 20.69 as of Jul. 01, 2026, which is 32% above its 10-year median of 15.69. GuruFocus rates XKLS:5317 with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 2,457 Hardware companies, CPE Technology Bhd ranks better than 93.94% 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.

Good Sign:

Altman Z-score of 20.58 is strong.

CPE Technology Bhd has a Altman Z-Score of 20.69, 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 CPE Technology Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5317' s Altman Z-Score Range Over the Past 10 Years
Min: 10.71   Med: 15.69   Max: 20.58
Current: 20.58

During the past 7 years, CPE Technology Bhd's highest Altman Z-Score was 20.58. The lowest was 10.71. And the median was 15.69.


CPE Technology Bhd  (XKLS:5317) 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.


CPE Technology Bhd Altman Z-Score Related Terms


CPE Technology Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CPE Technology 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.

CPE Technology Bhd Altman Z-Score Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 18.98 16.09

CPE Technology Bhd Quarterly Data
Jun19 Jun20 Jun21 Jun22 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 15.63 16.09 15.75 12.56 10.71

XKLS:5317 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, CPE Technology 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.


CPE Technology Bhd Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5317
46GF Score
CPE Technology Bhd XKLS:5317
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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CPE Technology 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.

CPE Technology 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*0.7447+1.4*0.4291+3.3*0.0518+0.6*31.1644+1.0*0.3304
=20.69

* 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 RM344.2 Mil.
Total Current Assets was RM269.7 Mil.
Total Current Liabilities was RM13.3 Mil.
Retained Earnings was RM147.7 Mil.
Pre-Tax Income was 6.759 + 2.478 + 3.917 + 4.554 = RM17.7 Mil.
Interest Expense was -0.015 + -0.018 + -0.018 + -0.072 = RM-0.1 Mil.
Revenue was 30.69 + 25.156 + 25.434 + 32.434 = RM113.7 Mil.
Market Cap (Today) was RM547.1 Mil.
Total Liabilities was RM17.6 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
=(269.663 - 13.325)/344.199
=0.7447

X2=Retained Earnings/Total Assets
=147.685/344.199
=0.4291

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.708 - -0.123)/344.199
=0.0518

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=547.122/17.556
=31.1644

X5=Revenue/Total Assets
=113.714/344.199
=0.3304

The zones of discrimination were as such:

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

CPE Technology Bhd has a Altman Z-Score of 20.69 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 20.69 mean?
CPE Technology Bhd (XKLS:5317) has a Altman Z-Score of 20.69 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CPE Technology Bhd and its competitors. This is 32% above median its historical median of 15.69. Over the past decade, CPE Technology Bhd's Altman Z-Score has ranged from 10.71 to 20.58. According to the industry distribution chart, CPE Technology Bhd ranks #149 out of 2457 companies in the Hardware industry, placing it in the top 6.1%.
Is CPE Technology Bhd's Altman Z-Score too high?
CPE Technology Bhd's current Altman Z-Score of 20.69 is 32% above median its 10-year median of 15.69. Over the past 10 years, this metric has ranged from a low of 10.71 to a high of 20.58. The Hardware industry median Altman Z-Score is 3.60. CPE Technology Bhd's value of 20.69 is 474.7% above this industry median. Based on the distribution chart, CPE Technology Bhd ranks #149 out of 2457 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CPE Technology Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does CPE Technology Bhd's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, CPE Technology Bhd ranks #149 out of 2457 companies for Altman Z-Score. This places CPE Technology Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.60. CPE Technology Bhd's value of 20.69 is 474.7% above this benchmark. Historically, CPE Technology Bhd's own Altman Z-Score has ranged from 10.71 to 20.58 over the past decade. While the company's 10-year median is 15.69 vs. the industry median of 3.60, CPE Technology 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,457 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. CPE Technology Bhd's current Altman Z-Score of 20.69 is 474.7% 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 CPE Technology Bhd and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPE Technology Bhd's current Altman Z-Score is 20.69, which is 32% above median its own 10-year median of 15.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPE Technology Bhd stock overvalued right now?
CPE Technology Bhd (XKLS:5317) has a current Altman Z-Score of 20.69. The current Altman Z-Score is 20.69, which is 32% above median its 10-year median of 15.69 and 474.7% above the Hardware industry median of 3.60. CPE Technology Bhd's overall GF Score™ is 46/100 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 CPE Technology Bhd (XKLS:5317), the current Altman Z-Score is 20.69 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.

CPE Technology Bhd Business Description

Address No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
CPE Technology Bhd is an investment holding company that focuses on manufacturing precision-machined parts and components through its subsidiaries. The company is involved in precision machining and mechanical sub-assembly, including CNC turning and milling, turn-mill, and finishing processes. It also engages in trading precision machine parts and components. The company uses computer numerically controlled machinery integrated with CAD/CAM software to manufacture parts and assemblies used in sectors such as consumer electronics and semiconductors, automotive components, health and science, among others. Geographically, the company generates the majority of its revenue from the United States, with the rest coming from Singapore, Malaysia, Italy, Japan, Thailand, and other regions.
46GF Score

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

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