Lagenda Properties Bhd (XKLS:7179) Altman Z-Score: 1.88 (As of Jul. 03, 2026) — Near Median


XKLS:7179 Lagenda Properties Bhd XKLS:7179
76 GF Score
Price RM1.39
GF Value RM1.65
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Lagenda Properties Bhd Altman Z-Score?

Lagenda Properties Bhd XKLS:7179 76 Altman Z-Score is 1.88 as of Jul. 03, 2026, which is 6% below its 10-year median of 2.01. GuruFocus rates XKLS:7179 with a GF Score™ of 76/100 and a GF Value™ of RM1.65 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 89 Homebuilding & Construction companies, Lagenda Properties Bhd ranks worse than 66.29% 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 1.89 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.

Lagenda Properties Bhd has a Altman Z-Score of 1.88, indicating it is in Grey Zones. This implies that Lagenda Properties 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 Lagenda Properties Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7179' s Altman Z-Score Range Over the Past 10 Years
Min: 0.61   Med: 2.01   Max: 7.7
Current: 1.89

During the past 13 years, Lagenda Properties Bhd's highest Altman Z-Score was 7.70. The lowest was 0.61. And the median was 2.01.


Lagenda Properties Bhd  (XKLS:7179) 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.


Lagenda Properties Bhd Altman Z-Score Related Terms


Lagenda Properties Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lagenda Properties 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.

Lagenda Properties Bhd Altman Z-Score Chart

Lagenda Properties Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 2.95 2.19 2.09 1.86

Lagenda Properties 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 1.74 1.67 1.74 1.86 1.89

XKLS:7179 vs DHI, PHM, LEN: Altman Z-Score Comparison

For the Residential Construction subindustry, Lagenda Properties 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.


Lagenda Properties Bhd Altman Z-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lagenda Properties Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:7179
76GF Score
Lagenda Properties Bhd XKLS:7179
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lagenda Properties 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.

Lagenda Properties 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*0.2142+1.4*0.3628+3.3*0.0949+0.6*0.7401+1.0*0.3623
=1.88

* 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 RM2,907 Mil.
Total Current Assets was RM1,885 Mil.
Total Current Liabilities was RM1,262 Mil.
Retained Earnings was RM1,055 Mil.
Pre-Tax Income was 60.334 + 64.176 + 61.661 + 60.968 = RM247 Mil.
Interest Expense was -7.167 + -7.694 + -6.959 + -7.038 = RM-29 Mil.
Revenue was 262.117 + 297.42 + 254.886 + 238.888 = RM1,053 Mil.
Market Cap (Today) was RM1,157 Mil.
Total Liabilities was RM1,563 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
=(1884.53 - 1261.689)/2907.118
=0.2142

X2=Retained Earnings/Total Assets
=1054.82/2907.118
=0.3628

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(247.139 - -28.858)/2907.118
=0.0949

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1157.068/1563.329
=0.7401

X5=Revenue/Total Assets
=1053.311/2907.118
=0.3623

The zones of discrimination were as such:

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

Lagenda Properties Bhd has a Altman Z-Score of 1.88 indicating it is in Grey 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 1.88 mean?
Lagenda Properties Bhd (XKLS:7179) has a Altman Z-Score of 1.88 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lagenda Properties Bhd and its competitors. This is near median its historical median of 2.01. Over the past decade, Lagenda Properties Bhd's Altman Z-Score has ranged from 0.61 to 7.70. According to the industry distribution chart, Lagenda Properties Bhd ranks #59 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 66.3%.
Is Lagenda Properties Bhd's Altman Z-Score too high?
Lagenda Properties Bhd's current Altman Z-Score of 1.88 is near median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 7.70. The Homebuilding & Construction industry median Altman Z-Score is 2.23. Lagenda Properties Bhd's value of 1.88 is 15.7% below this industry median. Based on the distribution chart, Lagenda Properties Bhd ranks #59 out of 89 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Lagenda Properties Bhd has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lagenda Properties Bhd's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Lagenda Properties Bhd ranks #59 out of 89 companies for Altman Z-Score. This places Lagenda Properties Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.23. Lagenda Properties Bhd's value of 1.88 is 15.7% below this benchmark. Historically, Lagenda Properties Bhd's own Altman Z-Score has ranged from 0.61 to 7.70 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.23, Lagenda Properties Bhd has consistently been below 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 Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.23, based on 89 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. Lagenda Properties Bhd's current Altman Z-Score of 1.88 is 15.7% below 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 Lagenda Properties Bhd and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lagenda Properties Bhd's current Altman Z-Score is 1.88, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lagenda Properties Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lagenda Properties Bhd (XKLS:7179) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM1.39 — trading 15.8% below its estimated fair value. The current Altman Z-Score is 1.88, which is near median its 10-year median of 2.01 and 15.7% below the Homebuilding & Construction industry median of 2.23. Lagenda Properties Bhd's overall GF Score™ is 76/100 with 10 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 Lagenda Properties Bhd (XKLS:7179), the current Altman Z-Score is 1.88 as of Jul. 03, 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 Lagenda Properties Bhd (XKLS:7179) Overvalued in 2026?

Based on GuruFocus' analysis, Lagenda Properties Bhd stock appears to be undervalued. The current stock price of RM1.39 is trading 15.8% below its estimated GF Value™ of RM1.65. GuruFocus considers Lagenda Properties Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7179:

  • Altman Z-Score: 1.88 (near median its 10-year median of 2.01)
  • GF Value™: RM1.65 vs. price of RM1.39 (15.8% below fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 15.7% below the Homebuilding & Construction median (#59 of 89)

No single metric tells the full story. See the XKLS:7179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lagenda Properties Bhd Business Description

Address Level 4, No. 131, Persiaran PM2/1, Pusat Bandar Seri Manjung, Seksyen 2, Seri Manjung, PRK, MYS, 32040
Lagenda Properties Bhd is an investment holding company engaged in the provision of management consultancy services. The Group is principally involved in investment holding, property development, construction, property investment, management consultancy services, and trading of building materials and hardware activities. Its operating segments include Property development, involving property development activities and sale of completed units and generating maximum revenue; Trading, involving trading and supply of building materials, hardware and related products; and Others, involving investment holding, management consultancy services, investment properties, development of building projects for own operation, and construction for external projects. The company operates in Malaysia.
76GF Score

Get the complete analysis for XKLS:7179

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

RM1.39
Price
RM1.65
GF Value