Kein Hing International Bhd (XKLS:7199) Altman Z-Score: 3.35 (As of Jun. 29, 2026) — 45% Above Median


XKLS:7199 Kein Hing International Bhd XKLS:7199
84 GF Score
Price RM1.07
GF Value RM1.43
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kein Hing International Bhd Altman Z-Score?

Kein Hing International Bhd XKLS:7199 -1.83% 84 Altman Z-Score is 3.35 as of Jun. 29, 2026, which is 45% above its 10-year median of 2.31. GuruFocus rates XKLS:7199 with a GF Score™ of 84/100 and a GF Value™ of RM1.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,005 Industrial Products companies, Kein Hing International Bhd ranks better than 50.38% 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 3.36 is strong.

Kein Hing International Bhd has a Altman Z-Score of 3.35, 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 Kein Hing International Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7199' s Altman Z-Score Range Over the Past 10 Years
Min: 1.2   Med: 2.31   Max: 3.7
Current: 3.36

During the past 13 years, Kein Hing International Bhd's highest Altman Z-Score was 3.70. The lowest was 1.20. And the median was 2.31.


Kein Hing International Bhd  (XKLS:7199) 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.


Kein Hing International Bhd Altman Z-Score Related Terms


Kein Hing International Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kein Hing International 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.

Kein Hing International Bhd Altman Z-Score Chart

Kein Hing International Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 3.57 3.14 3.26 0.00

Kein Hing International Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.26 3.25 3.57 3.48 0.00

XKLS:7199 vs CRS, ATI, MLI: Altman Z-Score Comparison

For the Metal Fabrication subindustry, Kein Hing International 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.


Kein Hing International Bhd Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kein Hing International Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kein Hing International Bhd's Altman Z-Score falls into.


XKLS:7199
84GF Score
Kein Hing International Bhd XKLS:7199
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kein Hing International 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.

Kein Hing International 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*0.3408+1.4*0.4942+3.3*0.0909+0.6*1.4642+1.0*1.0673
=3.35

* 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 Apr. 2026:
Total Assets was RM285.0 Mil.
Total Current Assets was RM162.7 Mil.
Total Current Liabilities was RM65.6 Mil.
Retained Earnings was RM140.8 Mil.
Pre-Tax Income was 3.121 + 5.651 + 5.605 + 8.7 = RM23.1 Mil.
Interest Expense was -0.634 + -0.679 + -0.735 + -0.776 = RM-2.8 Mil.
Revenue was 63.607 + 74.804 + 82.488 + 83.29 = RM304.2 Mil.
Market Cap (Today) was RM116.5 Mil.
Total Liabilities was RM79.6 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
=(162.748 - 65.628)/285.003
=0.3408

X2=Retained Earnings/Total Assets
=140.847/285.003
=0.4942

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(23.077 - -2.824)/285.003
=0.0909

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=116.523/79.583
=1.4642

X5=Revenue/Total Assets
=304.189/285.003
=1.0673

The zones of discrimination were as such:

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

Kein Hing International Bhd has a Altman Z-Score of 3.35 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 3.35 mean?
Kein Hing International Bhd (XKLS:7199) has a Altman Z-Score of 3.35 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kein Hing International Bhd and its competitors. This is 45% above median its historical median of 2.31. Over the past decade, Kein Hing International Bhd's Altman Z-Score has ranged from 1.20 to 3.70. According to the industry distribution chart, Kein Hing International Bhd ranks #1491 out of 3005 companies in the Industrial Products industry, placing it in the top 49.6%.
Is Kein Hing International Bhd's Altman Z-Score too high?
Kein Hing International Bhd's current Altman Z-Score of 3.35 is 45% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.70. The Industrial Products industry median Altman Z-Score is 3.33. Kein Hing International Bhd's value of 3.35 is 0.6% above this industry median. Based on the distribution chart, Kein Hing International Bhd ranks #1491 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kein Hing International Bhd has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kein Hing International Bhd's Altman Z-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Kein Hing International Bhd ranks #1491 out of 3005 companies for Altman Z-Score. This puts Kein Hing International Bhd in the upper half of its industry. The industry median Altman Z-Score is 3.33. Kein Hing International Bhd's value of 3.35 is 0.6% above this benchmark. Historically, Kein Hing International Bhd's own Altman Z-Score has ranged from 1.20 to 3.70 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 3.33, Kein Hing International 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.33, based on 3,005 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. Kein Hing International Bhd's current Altman Z-Score of 3.35 is 0.6% 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 Kein Hing International Bhd and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kein Hing International Bhd's current Altman Z-Score is 3.35, which is 45% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kein Hing International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kein Hing International Bhd (XKLS:7199) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.07 — trading 25.2% below its estimated fair value. The current Altman Z-Score is 3.35, which is 45% above median its 10-year median of 2.31 and 0.6% above the Industrial Products industry median of 3.33. Kein Hing International Bhd's overall GF Score™ is 84/100 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 Kein Hing International Bhd (XKLS:7199), the current Altman Z-Score is 3.35 as of Jun. 29, 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 Kein Hing International Bhd (XKLS:7199) Overvalued in 2026?

Based on GuruFocus' analysis, Kein Hing International Bhd stock appears to be undervalued. The current stock price of RM1.07 is trading 25.2% below its estimated GF Value™ of RM1.43. GuruFocus considers Kein Hing International Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7199:

  • Altman Z-Score: 3.35 (45% above median its 10-year median of 2.31)
  • GF Value™: RM1.43 vs. price of RM1.07 (25.2% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 0.6% above the Industrial Products median (#1491 of 3005)

No single metric tells the full story. See the XKLS:7199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kein Hing International Bhd Business Description

Address Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300
Kein Hing International Bhd is a Malaysia-based investment holding company, whose principal activities include Sheet metal forming, precision machining, component assembly, and the manufacture and sales of gas appliances. The company's operating segment includes Manufacturing, Trading, and Investment Holding. It generates maximum revenue from the Manufacturing segment. The manufacturing segment includes sheet metal forming, precision machining, component assembly, and the manufacture and sale of gas appliances. Geographically, it derives the majority of its revenue from Vietnam and has a presence in Malaysia, America, Europe, Hong Kong, Thailand, Australia, Brazil, and Other Countries.
84GF Score

Get the complete analysis for XKLS:7199

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

RM1.07
Price
RM1.43
GF Value