MBM Resources Bhd (XKLS:5983) Altman Z-Score: 8.38 (As of Jul. 21, 2026) — 27% Above Median

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XKLS:5983 MBM Resources Bhd XKLS:5983
76 GF Score
Price RM4.71
GF Value RM5.20
Valuation Fairly Valued
! 5 Warning Signs
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What is MBM Resources Bhd Altman Z-Score?

MBM Resources Bhd XKLS:5983 +0.21% 76 Altman Z-Score is 8.38 as of Jul. 21, 2026, which is 27% above its 10-year median of 6.61. GuruFocus rates XKLS:5983 with a GF Score™ of 76/100 and a GF Value™ of RM5.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,314 Vehicles & Parts companies, MBM Resources Bhd ranks better than 92.31% 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 8.36 is strong.

MBM Resources Bhd has a Altman Z-Score of 8.38, 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 MBM Resources Bhd's Altman Z-Score or its related term are showing as below:

XKLS:5983' s Altman Z-Score Range Over the Past 10 Years
Min: 1.95   Med: 6.61   Max: 10.88
Current: 8.36

During the past 13 years, MBM Resources Bhd's highest Altman Z-Score was 10.88. The lowest was 1.95. And the median was 6.61.


MBM Resources Bhd  (XKLS:5983) 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.


MBM Resources Bhd Altman Z-Score Related Terms


MBM Resources Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for MBM Resources 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.

MBM Resources Bhd Altman Z-Score Chart

MBM Resources Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 6.58 8.38 9.99 8.06

MBM Resources 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 9.26 8.09 9.11 8.06 8.49

XKLS:5983 vs CVNA, PAG, ALTB: Altman Z-Score Comparison

For the Auto & Truck Dealerships subindustry, MBM Resources 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.


MBM Resources Bhd Altman Z-Score vs Vehicles & Parts Industry

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

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


XKLS:5983
76GF Score
MBM Resources Bhd XKLS:5983
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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MBM Resources 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.

MBM Resources 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*0.1401+1.4*0.6921+3.3*0.1337+0.6*9.9113+1.0*0.8503
=8.38

* 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 RM2,962 Mil.
Total Current Assets was RM586 Mil.
Total Current Liabilities was RM171 Mil.
Retained Earnings was RM2,050 Mil.
Pre-Tax Income was 74.008 + 119.694 + 113.525 + 87.15 = RM394 Mil.
Interest Expense was -0.446 + -0.421 + -0.409 + -0.505 = RM-2 Mil.
Revenue was 543.72 + 736.86 + 635.88 + 602.159 = RM2,519 Mil.
Market Cap (Today) was RM1,841 Mil.
Total Liabilities was RM186 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
=(586.02 - 171.095)/2962.194
=0.1401

X2=Retained Earnings/Total Assets
=2050.236/2962.194
=0.6921

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(394.377 - -1.781)/2962.194
=0.1337

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1841.081/185.756
=9.9113

X5=Revenue/Total Assets
=2518.619/2962.194
=0.8503

The zones of discrimination were as such:

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

MBM Resources Bhd has a Altman Z-Score of 8.38 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 8.38 mean?
MBM Resources Bhd (XKLS:5983) has a Altman Z-Score of 8.38 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on MBM Resources Bhd and its competitors. This is 27% above median its historical median of 6.61. Over the past decade, MBM Resources Bhd's Altman Z-Score has ranged from 1.95 to 10.88. According to the industry distribution chart, MBM Resources Bhd ranks #101 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 7.7%.
Is MBM Resources Bhd's Altman Z-Score too high?
MBM Resources Bhd's current Altman Z-Score of 8.38 is 27% above median its 10-year median of 6.61. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 10.88. The Vehicles & Parts industry median Altman Z-Score is 2.54. MBM Resources Bhd's value of 8.38 is 229.9% above this industry median. Based on the distribution chart, MBM Resources Bhd ranks #101 out of 1314 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, MBM Resources Bhd has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBM Resources Bhd's Altman Z-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, MBM Resources Bhd ranks #101 out of 1314 companies for Altman Z-Score. This places MBM Resources Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.54. MBM Resources Bhd's value of 8.38 is 229.9% above this benchmark. Historically, MBM Resources Bhd's own Altman Z-Score has ranged from 1.95 to 10.88 over the past decade. While the company's 10-year median is 6.61 vs. the industry median of 2.54, MBM Resources 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 1,314 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. MBM Resources Bhd's current Altman Z-Score of 8.38 is 229.9% 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 MBM Resources 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. MBM Resources Bhd's current Altman Z-Score is 8.38, which is 27% above median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, MBM Resources Bhd (XKLS:5983) is currently considered Fairly Valued. The stock's GF Value™ is RM5.20, compared to a current price of RM4.71 — trading 9.4% below its estimated fair value. The current Altman Z-Score is 8.38, which is 27% above median its 10-year median of 6.61 and 229.9% above the Vehicles & Parts industry median of 2.54. MBM Resources Bhd's overall GF Score™ is 76/100 with 5 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 MBM Resources Bhd (XKLS:5983), the current Altman Z-Score is 8.38 as of Jul. 21, 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 MBM Resources Bhd (XKLS:5983) Overvalued in 2026?

Based on GuruFocus' analysis, MBM Resources Bhd stock appears to be undervalued. The current stock price of RM4.71 is trading 9.4% below its estimated GF Value™ of RM5.20. GuruFocus considers MBM Resources Bhd to be Fairly Valued.

Key valuation signals for XKLS:5983:

  • Altman Z-Score: 8.38 (27% above median its 10-year median of 6.61)
  • GF Value™: RM5.20 vs. price of RM4.71 (9.4% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 229.9% above the Vehicles & Parts median (#101 of 1314)

No single metric tells the full story. See the XKLS:5983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBM Resources Bhd Business Description

Address 23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000
MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading and assembly, Auto parts manufacturing, and All Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.
76GF Score

Get the complete analysis for XKLS:5983

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

RM4.71
Price
RM5.20
GF Value