QL Resources Bhd (XKLS:7084) Altman Z-Score: 5.24 (As of Jul. 02, 2026) — Near Median


XKLS:7084 QL Resources Bhd XKLS:7084
90 GF Score
Price RM3.75
GF Value RM4.42
Valuation Modestly Undervalued
! 1 Warning Sign
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What is QL Resources Bhd Altman Z-Score?

QL Resources Bhd XKLS:7084 90 Altman Z-Score is 5.24 as of Jul. 02, 2026, which is 5% below its 10-year median of 5.50. GuruFocus rates XKLS:7084 with a GF Score™ of 90/100 and a GF Value™ of RM4.42 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,928 Consumer Packaged Goods companies, QL Resources Bhd ranks better than 77.33% 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 5.24 is strong.

QL Resources Bhd has a Altman Z-Score of 5.24, 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 QL Resources Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7084' s Altman Z-Score Range Over the Past 10 Years
Min: 3.96   Med: 5.5   Max: 6.14
Current: 5.24

During the past 13 years, QL Resources Bhd's highest Altman Z-Score was 6.14. The lowest was 3.96. And the median was 5.50.


QL Resources Bhd  (XKLS:7084) 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.


QL Resources Bhd Altman Z-Score Related Terms


QL Resources Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for QL 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.

QL Resources Bhd Altman Z-Score Chart

QL Resources Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 5.19 5.54 6.14 5.20

QL 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 6.14 6.32 5.81 5.44 5.20

XKLS:7084 vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, QL 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.


QL Resources Bhd Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, QL Resources Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:7084
90GF Score
QL Resources Bhd XKLS:7084
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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QL 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.

QL 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*0.1762+1.4*0+3.3*0.1133+0.6*5.8296+1.0*1.1542
=5.24

* 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 RM6,106 Mil.
Total Current Assets was RM2,834 Mil.
Total Current Liabilities was RM1,759 Mil.
Retained Earnings was RM0 Mil.
Pre-Tax Income was 150.385 + 176.367 + 166.2 + 146.674 = RM640 Mil.
Interest Expense was -12.62 + -12.454 + -13.576 + -13.483 = RM-52 Mil.
Revenue was 1806.464 + 1798.467 + 1725.099 + 1717.393 = RM7,047 Mil.
Market Cap (Today) was RM13,654 Mil.
Total Liabilities was RM2,342 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
=(2834.228 - 1758.563)/6105.73
=0.1762

X2=Retained Earnings/Total Assets
=0/6105.73
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(639.626 - -52.133)/6105.73
=0.1133

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13654.399/2342.26
=5.8296

X5=Revenue/Total Assets
=7047.423/6105.73
=1.1542

The zones of discrimination were as such:

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

QL Resources Bhd has a Altman Z-Score of 5.24 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 5.24 mean?
QL Resources Bhd (XKLS:7084) has a Altman Z-Score of 5.24 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on QL Resources Bhd and its competitors. This is near median its historical median of 5.50. Over the past decade, QL Resources Bhd's Altman Z-Score has ranged from 3.96 to 6.14. According to the industry distribution chart, QL Resources Bhd ranks #437 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 22.7%.
Is QL Resources Bhd's Altman Z-Score too high?
QL Resources Bhd's current Altman Z-Score of 5.24 is near median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 6.14. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. QL Resources Bhd's value of 5.24 is 85.2% above this industry median. Based on the distribution chart, QL Resources Bhd ranks #437 out of 1928 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, QL Resources 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 QL Resources Bhd's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, QL Resources Bhd ranks #437 out of 1928 companies for Altman Z-Score. This places QL Resources Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. QL Resources Bhd's value of 5.24 is 85.2% above this benchmark. Historically, QL Resources Bhd's own Altman Z-Score has ranged from 3.96 to 6.14 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 2.83, QL 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,928 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. QL Resources Bhd's current Altman Z-Score of 5.24 is 85.2% 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 QL Resources 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. QL Resources Bhd's current Altman Z-Score is 5.24, which is near median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QL Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, QL Resources Bhd (XKLS:7084) is currently considered Modestly Undervalued. The stock's GF Value™ is RM4.42, compared to a current price of RM3.75 — trading 15.2% below its estimated fair value. The current Altman Z-Score is 5.24, which is near median its 10-year median of 5.50 and 85.2% above the Consumer Packaged Goods industry median of 2.83. QL Resources 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 QL Resources Bhd (XKLS:7084), the current Altman Z-Score is 5.24 as of Jul. 02, 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 QL Resources Bhd (XKLS:7084) Overvalued in 2026?

Based on GuruFocus' analysis, QL Resources Bhd stock appears to be undervalued. The current stock price of RM3.75 is trading 15.2% below its estimated GF Value™ of RM4.42. GuruFocus considers QL Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7084:

  • Altman Z-Score: 5.24 (near median its 10-year median of 5.50)
  • GF Value™: RM4.42 vs. price of RM3.75 (15.2% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 85.2% above the Consumer Packaged Goods median (#437 of 1928)

No single metric tells the full story. See the XKLS:7084 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QL Resources Bhd Business Description

Address Number 16A, Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
QL Resources Bhd is an agro-food company. The company has the following principal segments;: Integrated Livestock Farming; Marine Products Manufacturing; Palm oil and clean energy and Convenience store chain. It farms and produces resource-efficient protein and food energy sources. The group's business operates in four geographical areas: Malaysia, Indonesia, Vietnam, and Others. It generates the majority of its revenue from the Integrated Livestock Farming segment.
90GF Score

Get the complete analysis for XKLS:7084

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

RM3.75
Price
RM4.42
GF Value