JKG Land BhdXKLS:6769 63 Altman Z-Score is 2.79 as of Jul. 04, 2026, which is 45% above its 10-year median of 1.92. GuruFocus rates XKLS:6769 with a GF Score™ of 63/100 and a GF Value™ of RM0.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,729 Real Estate companies, JKG Land Bhd ranks better than 80.57% 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 2.79 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.
JKG Land Bhd has a Altman Z-Score of 2.79, indicating it is in Grey Zones. This implies that JKG Land 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 JKG Land Bhd's Altman Z-Score or its related term are showing as below:
XKLS:6769'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.39 Med: 1.92 Max: 2.79
Current: 2.79
During the past 13 years, JKG Land Bhd's highest Altman Z-Score was 2.79. The lowest was 1.39. And the median was 1.92.
JKG Land Bhd (XKLS:6769) 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.
Altman Z-Score does not apply to financial companies.
JKG Land Bhd Altman Z-Score Related Terms
JKG Land Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for JKG Land 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.
For the Real Estate - Development subindustry, JKG Land 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.
JKG Land Bhd Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, JKG Land Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where JKG Land Bhd's Altman Z-Score falls into.
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.
JKG Land 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
*
0.4653
+
1.4
*
0.5318
+
3.3
*
0.0898
+
0.6
*
1.5455
+
1.0
*
0.2631
=
2.79
* 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.
JKG Land Bhd (XKLS:6769) has a Altman Z-Score of 2.79 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on JKG Land Bhd and its competitors. This is 45% above median its historical median of 1.92. Over the past decade, JKG Land Bhd's Altman Z-Score has ranged from 1.39 to 2.79. According to the industry distribution chart, JKG Land Bhd ranks #336 out of 1729 companies in the Real Estate industry, placing it in the top 19.4%.
Is JKG Land Bhd's Altman Z-Score too high?
JKG Land Bhd's current Altman Z-Score of 2.79 is 45% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.79. The Real Estate industry median Altman Z-Score is 1.30. JKG Land Bhd's value of 2.79 is 114.6% above this industry median. Based on the distribution chart, JKG Land Bhd ranks #336 out of 1729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, JKG Land Bhd has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JKG Land Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, JKG Land Bhd ranks #336 out of 1729 companies for Altman Z-Score. This places JKG Land Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. JKG Land Bhd's value of 2.79 is 114.6% above this benchmark. Historically, JKG Land Bhd's own Altman Z-Score has ranged from 1.39 to 2.79 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.30, JKG Land 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,729 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. JKG Land Bhd's current Altman Z-Score of 2.79 is 114.6% 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 JKG Land Bhd and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JKG Land Bhd's current Altman Z-Score is 2.79, which is 45% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JKG Land Bhd stock overvalued right now?
Based on GuruFocus' analysis, JKG Land Bhd (XKLS:6769) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 5% above its estimated fair value. The current Altman Z-Score is 2.79, which is 45% above median its 10-year median of 1.92 and 114.6% above the Real Estate industry median of 1.30. JKG Land Bhd's overall GF Score™ is 63/100 with 3 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 JKG Land Bhd (XKLS:6769), the current Altman Z-Score is 2.79 as of Jul. 04, 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 JKG Land Bhd (XKLS:6769) Overvalued in 2026?
Based on GuruFocus' analysis, JKG Land Bhd stock appears to be overvalued.
The current stock price of RM0.11 is trading 5% above its estimated GF Value™ of RM0.10.
GuruFocus considers JKG Land Bhd to be Fairly Valued.
Key valuation signals for XKLS:6769:
Altman Z-Score: 2.79 (45% above median its 10-year median of 1.92)
GF Value™: RM0.10 vs. price of RM0.11 (5% above fair value)
Industry Position: 114.6% above the Real Estate median (#336 of 1729)
No single metric tells the full story. See the XKLS:6769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JKG Land Bhd is a Malaysia-based company engaged in the real estate business. The business activity of the group is operated through property development, cultivation of oil palm; and Other segments. Its property development segment is engaged in the development of residential and commercial properties. The cultivation of the oil palm segment involves the cultivation and sale of oil palm fruits. Other segments comprise operations related to investment holding and others. It derives maximum revenue from the property development segment. Geographically, it operates only in Malaysia.
63GF Score
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