Pantech Global Bhd (XKLS:5331) Altman Z-Score: 2.81 (As of Jun. 28, 2026) — Near Median


XKLS:5331 Pantech Global Bhd XKLS:5331
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What is Pantech Global Bhd Altman Z-Score?

Pantech Global Bhd XKLS:5331 15 Altman Z-Score is 2.81 as of Jun. 28, 2026, which is 1% below its 10-year median of 2.84. GuruFocus rates XKLS:5331 with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 610 Steel companies, Pantech Global Bhd ranks better than 58.69% 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 2.81 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Pantech Global Bhd has a Altman Z-Score of 2.81, indicating it is in Grey Zones. This implies that Pantech Global Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Pantech Global Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5331' s Altman Z-Score Range Over the Past 10 Years
Min: 2.81   Med: 2.84   Max: 2.84
Current: 2.81

During the past 5 years, Pantech Global Bhd's highest Altman Z-Score was 2.84. The lowest was 2.81. And the median was 2.84.


Pantech Global Bhd  (XKLS:5331) 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.


Pantech Global Bhd Altman Z-Score Related Terms


Pantech Global Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pantech Global 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.

Pantech Global Bhd Altman Z-Score Chart

Pantech Global Bhd Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
0.00 0.00 0.00 0.00 2.84

Pantech Global Bhd Quarterly Data
Feb22 Feb23 Feb24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.84 3.18 2.87 2.84

XKLS:5331 vs NUE, STLD, RS: Altman Z-Score Comparison

For the Steel subindustry, Pantech Global 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.


Pantech Global Bhd Altman Z-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Pantech Global Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5331
15GF Score
Pantech Global Bhd XKLS:5331
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Pantech Global 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.

Pantech Global 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*0.3991+1.4*0.0867+3.3*0.0928+0.6*1.9902+1.0*0.7131
=2.81

* 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 Feb. 2026:
Total Assets was RM724.0 Mil.
Total Current Assets was RM452.3 Mil.
Total Current Liabilities was RM163.3 Mil.
Retained Earnings was RM62.8 Mil.
Pre-Tax Income was 15.101 + 15.217 + 13.523 + 15.881 = RM59.7 Mil.
Interest Expense was -1.857 + -1.64 + -1.939 + -2.066 = RM-7.5 Mil.
Revenue was 136.29 + 127.468 + 126.901 + 125.631 = RM516.3 Mil.
Market Cap (Today) was RM386.8 Mil.
Total Liabilities was RM194.3 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
=(452.258 - 163.305)/724.04
=0.3991

X2=Retained Earnings/Total Assets
=62.758/724.04
=0.0867

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(59.722 - -7.502)/724.04
=0.0928

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=386.750/194.325
=1.9902

X5=Revenue/Total Assets
=516.29/724.04
=0.7131

The zones of discrimination were as such:

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

Pantech Global Bhd has a Altman Z-Score of 2.81 indicating it is in Grey 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 2.81 mean?
Pantech Global Bhd (XKLS:5331) has a Altman Z-Score of 2.81 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pantech Global Bhd and its competitors. This is near median its historical median of 2.84. Over the past decade, Pantech Global Bhd's Altman Z-Score has ranged from 2.81 to 2.84. According to the industry distribution chart, Pantech Global Bhd ranks #252 out of 610 companies in the Steel industry, placing it in the top 41.3%.
Is Pantech Global Bhd's Altman Z-Score too high?
Pantech Global Bhd's current Altman Z-Score of 2.81 is near median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 2.84. The Steel industry median Altman Z-Score is 2.45. Pantech Global Bhd's value of 2.81 is 14.9% above this industry median. Based on the distribution chart, Pantech Global Bhd ranks #252 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Pantech Global Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Pantech Global Bhd's Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Pantech Global Bhd ranks #252 out of 610 companies for Altman Z-Score. This puts Pantech Global Bhd in the upper half of its industry. The industry median Altman Z-Score is 2.45. Pantech Global Bhd's value of 2.81 is 14.9% above this benchmark. Historically, Pantech Global Bhd's own Altman Z-Score has ranged from 2.81 to 2.84 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.45, Pantech Global 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 Steel company?
The median Altman Z-Score among Steel companies is 2.45, based on 610 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. Pantech Global Bhd's current Altman Z-Score of 2.81 is 14.9% 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 Pantech Global Bhd and its competitors. For the Steel industry, the median Altman Z-Score is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pantech Global Bhd's current Altman Z-Score is 2.81, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pantech Global Bhd stock overvalued right now?
Pantech Global Bhd (XKLS:5331) has a current Altman Z-Score of 2.81. The current Altman Z-Score is 2.81, which is near median its 10-year median of 2.84 and 14.9% above the Steel industry median of 2.45. Pantech Global Bhd's overall GF Score™ is 15/100 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 Pantech Global Bhd (XKLS:5331), the current Altman Z-Score is 2.81 as of Jun. 28, 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.

Pantech Global Bhd Business Description

Address Jalan Haji Abdul Manan Off Jalan Meru, Lot 13258 & 13259, Kapar, SGR, MYS, 42200
Pantech Global Bhd is principally involved in investment holding. Through its subsidiaries, it is principally involved in the manufacture of butt weld pipe fittings and welded pipes. Its butt weld pipe fittings include carbon and stainless steel elbows, tees, reducers, stub ends (stainless steel only) and end caps mainly for pressure piping applications. The Company's welded pipes are stainless steel which are designed for specific applications requiring high temperature resistance and corrosion protection. Its other business activities include the provision of HFI long bend services, sales of by-products, scrap and other products.
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