Master-Pack Group BhdXKLS:7029 74 Altman Z-Score is 4.34 as of Jul. 05, 2026, which is 3% below its 10-year median of 4.47. GuruFocus rates XKLS:7029 with a GF Score™ of 74/100 and a GF Value™ of RM1.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 390 Packaging & Containers companies, Master-Pack Group Bhd ranks better than 76.41% 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 4.34 is strong.
Master-Pack Group Bhd has a Altman Z-Score of 4.34, 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 Master-Pack Group Bhd's Altman Z-Score or its related term are showing as below:
XKLS:7029'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.23 Med: 4.47 Max: 8.05
Current: 4.34
During the past 13 years, Master-Pack Group Bhd's highest Altman Z-Score was 8.05. The lowest was 2.23. And the median was 4.47.
Master-Pack Group Bhd (XKLS:7029) 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.
Master-Pack Group Bhd Altman Z-Score Related Terms
Master-Pack Group Bhd Altman Z-Score Historical Data
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The historical data trend for Master-Pack Group 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.
XKLS:7029 vs SW, PKG, IP: Altman Z-Score Comparison
For the Packaging & Containers subindustry, Master-Pack Group 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.
Master-Pack Group Bhd Altman Z-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Master-Pack Group Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Master-Pack Group 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.
* 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.
Master-Pack Group Bhd (XKLS:7029) has a Altman Z-Score of 4.34 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Master-Pack Group Bhd and its competitors. This is near median its historical median of 4.47. Over the past decade, Master-Pack Group Bhd's Altman Z-Score has ranged from 2.23 to 8.05. According to the industry distribution chart, Master-Pack Group Bhd ranks #92 out of 390 companies in the Packaging & Containers industry, placing it in the top 23.6%.
Is Master-Pack Group Bhd's Altman Z-Score too high?
Master-Pack Group Bhd's current Altman Z-Score of 4.34 is near median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 8.05. The Packaging & Containers industry median Altman Z-Score is 2.67. Master-Pack Group Bhd's value of 4.34 is 62.5% above this industry median. Based on the distribution chart, Master-Pack Group Bhd ranks #92 out of 390 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Master-Pack Group Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Master-Pack Group Bhd's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Master-Pack Group Bhd ranks #92 out of 390 companies for Altman Z-Score. This places Master-Pack Group Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.67. Master-Pack Group Bhd's value of 4.34 is 62.5% above this benchmark. Historically, Master-Pack Group Bhd's own Altman Z-Score has ranged from 2.23 to 8.05 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 2.67, Master-Pack Group 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.67, based on 390 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. Master-Pack Group Bhd's current Altman Z-Score of 4.34 is 62.5% 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 Master-Pack Group Bhd and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master-Pack Group Bhd's current Altman Z-Score is 4.34, which is near median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master-Pack Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Master-Pack Group Bhd (XKLS:7029) is currently considered Fairly Valued. The stock's GF Value™ is RM1.79, compared to a current price of RM1.66 — trading 7.3% below its estimated fair value. The current Altman Z-Score is 4.34, which is near median its 10-year median of 4.47 and 62.5% above the Packaging & Containers industry median of 2.67. Master-Pack Group Bhd's overall GF Score™ is 74/100 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 Master-Pack Group Bhd (XKLS:7029), the current Altman Z-Score is 4.34 as of Jul. 05, 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 Master-Pack Group Bhd (XKLS:7029) Overvalued in 2026?
Based on GuruFocus' analysis, Master-Pack Group Bhd stock appears to be undervalued.
The current stock price of RM1.66 is trading 7.3% below its estimated GF Value™ of RM1.79.
GuruFocus considers Master-Pack Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:7029:
Altman Z-Score: 4.34 (near median its 10-year median of 4.47)
GF Value™: RM1.79 vs. price of RM1.66 (7.3% below fair value)
Industry Position: 62.5% above the Packaging & Containers median (#92 of 390)
No single metric tells the full story. See the XKLS:7029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master-Pack Group Bhd is an investment holding company. The core activities of the company are the manufacture and sale of corrugated fibreboard cartons and packaging materials. Some of the products are sheet board, slotted type, telescope type, folder type, die-cut products, interior fitments, palletized shipping containers, and other packaging materials. Its customers are from different industries, namely Solar Equipment Manufacturers, Electrical and Electronics, Food and Beverages, Automotive, Chemicals, Medical, and others. Geographically, it operates in Malaysia, Vietnam, and other countries, with Malaysia generating the highest revenue.
74GF Score
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