Feytech Holdings Bhd (XKLS:5322) Altman Z-Score: 3.24 (As of Jun. 30, 2026) — 39% Below Median


XKLS:5322 Feytech Holdings Bhd XKLS:5322
41 GF Score
Price RM0.21
! 6 Warning Signs
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What is Feytech Holdings Bhd Altman Z-Score?

Feytech Holdings Bhd XKLS:5322 +2.44% 41 Altman Z-Score is 3.24 as of Jun. 30, 2026, which is 39% below its 10-year median of 5.33. GuruFocus rates XKLS:5322 with a GF Score™ of 41/100. The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Feytech Holdings Bhd ranks better than 63.31% 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 3.21 is strong.

Feytech Holdings Bhd has a Altman Z-Score of 3.24, 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 Feytech Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5322' s Altman Z-Score Range Over the Past 10 Years
Min: 3.21   Med: 5.33   Max: 10.98
Current: 3.21

During the past 6 years, Feytech Holdings Bhd's highest Altman Z-Score was 10.98. The lowest was 3.21. And the median was 5.33.


Feytech Holdings Bhd  (XKLS:5322) 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.


Feytech Holdings Bhd Altman Z-Score Related Terms


Feytech Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Feytech Holdings 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.

Feytech Holdings Bhd Altman Z-Score Chart

Feytech Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 7.70 3.70

Feytech Holdings Bhd Quarterly Data
Dec20 Dec21 Dec22 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 6.10 4.55 4.31 3.70 3.30

XKLS:5322 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Feytech Holdings 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.


Feytech Holdings Bhd Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Feytech Holdings Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5322
41GF Score
Feytech Holdings Bhd XKLS:5322
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Feytech Holdings 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.

Feytech Holdings 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*0.6537+1.4*0.4143+3.3*0.0632+0.6*2.1017+1.0*0.4075
=3.24

* 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 RM337.9 Mil.
Total Current Assets was RM251.3 Mil.
Total Current Liabilities was RM30.4 Mil.
Retained Earnings was RM140.0 Mil.
Pre-Tax Income was 6.066 + 4.811 + 3.76 + 4.021 = RM18.7 Mil.
Interest Expense was -0.667 + -0.69 + -0.701 + -0.625 = RM-2.7 Mil.
Revenue was 38.929 + 34.681 + 32.198 + 31.861 = RM137.7 Mil.
Market Cap (Today) was RM177.1 Mil.
Total Liabilities was RM84.3 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
=(251.306 - 30.439)/337.855
=0.6537

X2=Retained Earnings/Total Assets
=139.987/337.855
=0.4143

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(18.658 - -2.683)/337.855
=0.0632

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=177.072/84.253
=2.1017

X5=Revenue/Total Assets
=137.669/337.855
=0.4075

The zones of discrimination were as such:

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

Feytech Holdings Bhd has a Altman Z-Score of 3.24 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 3.24 mean?
Feytech Holdings Bhd (XKLS:5322) has a Altman Z-Score of 3.24 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Feytech Holdings Bhd and its competitors. This is 39% below median its historical median of 5.33. Over the past decade, Feytech Holdings Bhd's Altman Z-Score has ranged from 3.21 to 10.98. According to the industry distribution chart, Feytech Holdings Bhd ranks #481 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 36.7%.
Is Feytech Holdings Bhd's Altman Z-Score too high?
Feytech Holdings Bhd's current Altman Z-Score of 3.24 is 39% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 10.98. The Vehicles & Parts industry median Altman Z-Score is 2.54. Feytech Holdings Bhd's value of 3.24 is 27.6% above this industry median. Based on the distribution chart, Feytech Holdings Bhd ranks #481 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Feytech Holdings Bhd has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Feytech Holdings Bhd's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Feytech Holdings Bhd ranks #481 out of 1311 companies for Altman Z-Score. This puts Feytech Holdings Bhd in the upper half of its industry. The industry median Altman Z-Score is 2.54. Feytech Holdings Bhd's value of 3.24 is 27.6% above this benchmark. Historically, Feytech Holdings Bhd's own Altman Z-Score has ranged from 3.21 to 10.98 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 2.54, Feytech Holdings 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,311 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. Feytech Holdings Bhd's current Altman Z-Score of 3.24 is 27.6% 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 Feytech Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feytech Holdings Bhd's current Altman Z-Score is 3.24, which is 39% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feytech Holdings Bhd stock overvalued right now?
Feytech Holdings Bhd (XKLS:5322) has a current Altman Z-Score of 3.24. The current Altman Z-Score is 3.24, which is 39% below median its 10-year median of 5.33 and 27.6% above the Vehicles & Parts industry median of 2.54. Feytech Holdings Bhd's overall GF Score™ is 41/100 with 6 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 Feytech Holdings Bhd (XKLS:5322), the current Altman Z-Score is 3.24 as of Jun. 30, 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.

Feytech Holdings Bhd Business Description

Address No. 1, Jalan Bayu 2/6, Kawasan Perindustrian Tampoi Jaya, Johor Darul Ta\'zim, Bahru, JHR, MYS, 81200
Feytech Holdings Bhd Is an holding company. Through its subsidiaries, it is engaged in the manufacture of automotive covers and automotive seats, based in Malaysia. It manufacture automotive covers for the OEM market segment that comprises automotive vehicle such as Mazda Malaysia (for Mazda 3, CX-5, CX-8 and CX-30 car models) and Kia Malaysia (for Kia Carnival and Sorento car models), as well as Tier 1 automotive seat and/or interior part manufacturers which serve automotive vehicle OEMs for brands such as Local OEM, Mazda and Hyundai. Its segments include Automotive seats covers, Interior parts covers, and Automotive seats. Geographically, it operates in Malaysia, Singapore, Australia, New Zealand and Others.
41GF Score

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