Astino BhdXKLS:7162 +0.96%49 Altman Z-Score is 4.29 as of Jun. 30, 2026, which is at its 10-year median of 4.29. GuruFocus rates XKLS:7162 with a GF Score™ of 49/100 and a GF Value™ of RM0.58 (Fairly Valued). The stock has 2 warning signs investors should review. Among 401 Building Materials companies, Astino Bhd ranks better than 79.05% 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 4.26 is strong.
Astino Bhd has a Altman Z-Score of 4.29, 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 Astino Bhd's Altman Z-Score or its related term are showing as below:
XKLS:7162'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.32 Med: 4.29 Max: 6.2
Current: 4.26
During the past 13 years, Astino Bhd's highest Altman Z-Score was 6.20. The lowest was 2.32. And the median was 4.29.
Astino Bhd (XKLS:7162) 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.
Astino Bhd Altman Z-Score Related Terms
Astino Bhd Altman Z-Score Historical Data
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The historical data trend for Astino 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:7162 vs CRH, VMC, MLM: Altman Z-Score Comparison
For the Building Materials subindustry, Astino 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.
Astino Bhd Altman Z-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Astino Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Astino 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.
Astino 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
*
0.4273
+
1.4
*
0
+
3.3
*
0.0937
+
0.6
*
4.1421
+
1.0
*
0.9808
=
4.29
* 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.
Astino Bhd (XKLS:7162) has a Altman Z-Score of 4.29 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Astino Bhd and its competitors. This is near median its historical median of 4.29. Over the past decade, Astino Bhd's Altman Z-Score has ranged from 2.32 to 6.20. According to the industry distribution chart, Astino Bhd ranks #84 out of 401 companies in the Building Materials industry, placing it in the top 20.9%.
Is Astino Bhd's Altman Z-Score too high?
Astino Bhd's current Altman Z-Score of 4.29 is near median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 6.20. The Building Materials industry median Altman Z-Score is 2.22. Astino Bhd's value of 4.29 is 93.2% above this industry median. Based on the distribution chart, Astino Bhd ranks #84 out of 401 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Astino Bhd has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Astino Bhd's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Astino Bhd ranks #84 out of 401 companies for Altman Z-Score. This places Astino Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.22. Astino Bhd's value of 4.29 is 93.2% above this benchmark. Historically, Astino Bhd's own Altman Z-Score has ranged from 2.32 to 6.20 over the past decade. While the company's 10-year median is 4.29 vs. the industry median of 2.22, Astino 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.22, based on 401 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. Astino Bhd's current Altman Z-Score of 4.29 is 93.2% 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 Astino Bhd and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astino Bhd's current Altman Z-Score is 4.29, which is near median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astino Bhd stock overvalued right now?
Based on GuruFocus' analysis, Astino Bhd (XKLS:7162) is currently considered Fairly Valued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.53 — trading 9.5% below its estimated fair value. The current Altman Z-Score is 4.29, which is near median its 10-year median of 4.29 and 93.2% above the Building Materials industry median of 2.22. Astino Bhd's overall GF Score™ is 49/100 with 2 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 Astino Bhd (XKLS:7162), the current Altman Z-Score is 4.29 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 Astino Bhd (XKLS:7162) Overvalued in 2026?
Based on GuruFocus' analysis, Astino Bhd stock appears to be undervalued.
The current stock price of RM0.53 is trading 9.5% below its estimated GF Value™ of RM0.58.
GuruFocus considers Astino Bhd to be Fairly Valued.
Key valuation signals for XKLS:7162:
Altman Z-Score: 4.29 (near median its 10-year median of 4.29)
GF Value™: RM0.58 vs. price of RM0.53 (9.5% below fair value)
Industry Position: 93.2% above the Building Materials median (#84 of 401)
No single metric tells the full story. See the XKLS:7162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astino Bhd is an investment holding company. It is engaged in the manufacturing and trading of metal building materials and other steel products. Its main product is metal roofing, c-purlin, small c-purlin, truss and batten, piping, scaffolding, slitting and leveling coil, etc. The group operates principally in Malaysia and generates revenue from Malaysia, Indonesia, Philippines, and Others.
49GF Score
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