Malton Bhd (XKLS:6181) Altman Z-Score: 0.95 (As of Jul. 15, 2026) — Near Median

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XKLS:6181 Malton Bhd XKLS:6181
26 GF Score
Price RM0.23
GF Value RM0.30
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Malton Bhd Altman Z-Score?

Malton Bhd XKLS:6181 26 Altman Z-Score is 0.95 as of Jul. 15, 2026, which is 3% below its 10-year median of 0.98. GuruFocus rates XKLS:6181 with a GF Score™ of 26/100 and a GF Value™ of RM0.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,731 Real Estate companies, Malton Bhd ranks worse than 63.26% 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 0.95 is in distress zone. This implies bankruptcy possibility in the next two years.

Malton Bhd has a Altman Z-Score of 0.95, 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 Malton Bhd's Altman Z-Score or its related term are showing as below:

XKLS:6181' s Altman Z-Score Range Over the Past 10 Years
Min: 0.67   Med: 0.98   Max: 1.62
Current: 0.95

During the past 13 years, Malton Bhd's highest Altman Z-Score was 1.62. The lowest was 0.67. And the median was 0.98.


Malton Bhd  (XKLS:6181) 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.


Malton Bhd Altman Z-Score Related Terms


Malton Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Malton 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.

Malton Bhd Altman Z-Score Chart

Malton Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.81 0.67 0.93 0.84

Malton 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 0.82 0.84 0.96 0.96 0.97

Malton Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Malton 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.


Malton Bhd Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Malton Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:6181
26GF Score
Malton Bhd XKLS:6181
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malton 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.

Malton 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*0.1386+1.4*0.2188+3.3*0.0369+0.6*0.124+1.0*0.2784
=0.95

* 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 RM2,026.1 Mil.
Total Current Assets was RM1,069.5 Mil.
Total Current Liabilities was RM788.5 Mil.
Retained Earnings was RM443.4 Mil.
Pre-Tax Income was 6.046 + 13.182 + 8.252 + 18.022 = RM45.5 Mil.
Interest Expense was -6.89 + -5.877 + -6.3 + -10.135 = RM-29.2 Mil.
Revenue was 121.046 + 134.575 + 107.313 + 201.174 = RM564.1 Mil.
Market Cap (Today) was RM129.1 Mil.
Total Liabilities was RM1,041.2 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
=(1069.451 - 788.533)/2026.097
=0.1386

X2=Retained Earnings/Total Assets
=443.391/2026.097
=0.2188

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(45.502 - -29.202)/2026.097
=0.0369

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=129.092/1041.172
=0.124

X5=Revenue/Total Assets
=564.108/2026.097
=0.2784

The zones of discrimination were as such:

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

Malton Bhd has a Altman Z-Score of 0.95 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 0.95 mean?
Malton Bhd (XKLS:6181) has a Altman Z-Score of 0.95 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Malton Bhd and its competitors. This is near median its historical median of 0.98. Over the past decade, Malton Bhd's Altman Z-Score has ranged from 0.67 to 1.62. According to the industry distribution chart, Malton Bhd ranks #1095 out of 1731 companies in the Real Estate industry, placing it in the top 63.3%.
Is Malton Bhd's Altman Z-Score too high?
Malton Bhd's current Altman Z-Score of 0.95 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.62. The Real Estate industry median Altman Z-Score is 1.31. Malton Bhd's value of 0.95 is 27.5% below this industry median. Based on the distribution chart, Malton Bhd ranks #1095 out of 1731 companies in the Real Estate industry, which is below the industry midpoint. Overall, Malton Bhd has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malton Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Malton Bhd ranks #1095 out of 1731 companies for Altman Z-Score. This places Malton Bhd in the lower half of its industry. The industry median Altman Z-Score is 1.31. Malton Bhd's value of 0.95 is 27.5% below this benchmark. Historically, Malton Bhd's own Altman Z-Score has ranged from 0.67 to 1.62 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.31, Malton 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,731 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. Malton Bhd's current Altman Z-Score of 0.95 is 27.5% 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 Malton Bhd and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malton Bhd's current Altman Z-Score is 0.95, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malton Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malton Bhd (XKLS:6181) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.30, compared to a current price of RM0.23 — trading 25% below its estimated fair value. The current Altman Z-Score is 0.95, which is near median its 10-year median of 0.98 and 27.5% below the Real Estate industry median of 1.31. Malton Bhd's overall GF Score™ is 26/100 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 Malton Bhd (XKLS:6181), the current Altman Z-Score is 0.95 as of Jul. 15, 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 Malton Bhd (XKLS:6181) Overvalued in 2026?

Based on GuruFocus' analysis, Malton Bhd stock appears to be undervalued. The current stock price of RM0.23 is trading 25% below its estimated GF Value™ of RM0.30. GuruFocus considers Malton Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6181:

  • Altman Z-Score: 0.95 (near median its 10-year median of 0.98)
  • GF Value™: RM0.30 vs. price of RM0.23 (25% below fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 27.5% below the Real Estate median (#1095 of 1731)

No single metric tells the full story. See the XKLS:6181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malton Bhd Business Description

Address 75, Jalan Raja Chulan, 19-0, Level 19, Pavilion Tower, Kuala Lumpur, SGR, MYS, 50200
Malton Bhd is an investment holding company. Its segments include the Property development segment, involved in the business of constructing and developing residential and commercial properties; the Construction contracts segment, involved in the business of construction works for the development of residential and commercial properties.; Property trading segment is involved in the business of sales of developed residential and commercial properties, and Others segment is involved in the business of investment holding, project management, property investment and management, and provision of management and accounting services. The Property Development segment derives the majority of the revenue.
26GF Score

Get the complete analysis for XKLS:6181

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

RM0.23
Price
RM0.30
GF Value