Apollo Food Holdings BhdXKLS:6432 +2.63%90 Altman Z-Score is 10.35 as of Jun. 30, 2026, which is 17% below its 10-year median of 12.52. GuruFocus rates XKLS:6432 with a GF Score™ of 90/100 and a GF Value™ of RM7.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,931 Consumer Packaged Goods companies, Apollo Food Holdings Bhd ranks better than 91.51% 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 10.16 is strong.
Apollo Food Holdings Bhd has a Altman Z-Score of 10.35, 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 Apollo Food Holdings Bhd's Altman Z-Score or its related term are showing as below:
XKLS:6432'
s Altman Z-Score Range Over the Past 10 Years
Min: 10.01 Med: 12.52 Max: 18.93
Current: 10.16
During the past 13 years, Apollo Food Holdings Bhd's highest Altman Z-Score was 18.93. The lowest was 10.01. And the median was 12.52.
Apollo Food Holdings Bhd (XKLS:6432) 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.
* 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.
XKLS:6432 vs MDLZ, HSY, TR: Altman Z-Score Comparison
For the Confectioners subindustry, Apollo Food 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.
Apollo Food Holdings Bhd Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Apollo Food Holdings Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Apollo Food Holdings Bhd's Altman Z-Score falls into.
Apollo Food 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.
* 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.
Apollo Food Holdings Bhd (XKLS:6432) has a Altman Z-Score of 10.35 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Apollo Food Holdings Bhd and its competitors. This is 17% below median its historical median of 12.52. Over the past decade, Apollo Food Holdings Bhd's Altman Z-Score has ranged from 10.01 to 18.93. According to the industry distribution chart, Apollo Food Holdings Bhd ranks #164 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 8.5%.
Is Apollo Food Holdings Bhd's Altman Z-Score too high?
Apollo Food Holdings Bhd's current Altman Z-Score of 10.35 is 17% below median its 10-year median of 12.52. Over the past 10 years, this metric has ranged from a low of 10.01 to a high of 18.93. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Apollo Food Holdings Bhd's value of 10.35 is 265.7% above this industry median. Based on the distribution chart, Apollo Food Holdings Bhd ranks #164 out of 1931 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Apollo Food Holdings Bhd has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Apollo Food Holdings Bhd ranks #164 out of 1931 companies for Altman Z-Score. This places Apollo Food Holdings Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. Apollo Food Holdings Bhd's value of 10.35 is 265.7% above this benchmark. Historically, Apollo Food Holdings Bhd's own Altman Z-Score has ranged from 10.01 to 18.93 over the past decade. While the company's 10-year median is 12.52 vs. the industry median of 2.83, Apollo Food 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,931 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. Apollo Food Holdings Bhd's current Altman Z-Score of 10.35 is 265.7% 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 Apollo Food Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Food Holdings Bhd's current Altman Z-Score is 10.35, which is 17% below median its own 10-year median of 12.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM7.04, compared to a current price of RM5.85 — trading 16.9% below its estimated fair value. The current Altman Z-Score is 10.35, which is 17% below median its 10-year median of 12.52 and 265.7% above the Consumer Packaged Goods industry median of 2.83. Apollo Food Holdings Bhd's overall GF Score™ is 90/100 with 1 warning sign 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 Apollo Food Holdings Bhd (XKLS:6432), the current Altman Z-Score is 10.35 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.
Is Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued.
The current stock price of RM5.85 is trading 16.9% below its estimated GF Value™ of RM7.04.
GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:6432:
Altman Z-Score: 10.35 (17% below median its 10-year median of 12.52)
GF Value™: RM7.04 vs. price of RM5.85 (16.9% below fair value)
Industry Position: 265.7% above the Consumer Packaged Goods median (#164 of 1931)
No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
90GF Score
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