UMS-Neiken Group Bhd (XKLS:7227) Altman Z-Score: 8.39 (As of Jul. 06, 2026) — 21% Above Median


XKLS:7227 UMS-Neiken Group Bhd XKLS:7227
58 GF Score
Price RM0.88
GF Value RM0.95
Valuation Fairly Valued
! 5 Warning Signs
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What is UMS-Neiken Group Bhd Altman Z-Score?

UMS-Neiken Group Bhd XKLS:7227 58 Altman Z-Score is 8.39 as of Jul. 06, 2026, which is 21% above its 10-year median of 6.91. GuruFocus rates XKLS:7227 with a GF Score™ of 58/100 and a GF Value™ of RM0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, UMS-Neiken Group Bhd ranks better than 83.27% 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 8.39 is strong.

UMS-Neiken Group Bhd has a Altman Z-Score of 8.39, 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 UMS-Neiken Group Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7227' s Altman Z-Score Range Over the Past 10 Years
Min: 4.39   Med: 6.91   Max: 9.72
Current: 8.39

During the past 13 years, UMS-Neiken Group Bhd's highest Altman Z-Score was 9.72. The lowest was 4.39. And the median was 6.91.


UMS-Neiken Group Bhd  (XKLS:7227) 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.


UMS-Neiken Group Bhd Altman Z-Score Related Terms


UMS-Neiken Group Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for UMS-Neiken 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.

UMS-Neiken Group Bhd Altman Z-Score Chart

UMS-Neiken Group 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 7.04 8.28 7.42 8.20 7.11

UMS-Neiken Group 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 8.91 8.61 6.89 7.11 7.90

XKLS:7227 vs VRT, BE: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, UMS-Neiken 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.


UMS-Neiken Group Bhd Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, UMS-Neiken Group Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where UMS-Neiken Group Bhd's Altman Z-Score falls into.


XKLS:7227
58GF Score
UMS-Neiken Group Bhd XKLS:7227
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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UMS-Neiken Group 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.

UMS-Neiken Group 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*0.5954+1.4*0.6158+3.3*0.0347+0.6*10.2617+1.0*0.5453
=8.39

* 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 RM123.23 Mil.
Total Current Assets was RM78.61 Mil.
Total Current Liabilities was RM5.25 Mil.
Retained Earnings was RM75.89 Mil.
Pre-Tax Income was 0.809 + 0.826 + 1.072 + 1.545 = RM4.25 Mil.
Interest Expense was -0.005 + -0.005 + -0.007 + -0.008 = RM-0.03 Mil.
Revenue was 15.957 + 17.504 + 17.504 + 16.235 = RM67.20 Mil.
Market Cap (Today) was RM69.29 Mil.
Total Liabilities was RM6.75 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
=(78.612 - 5.245)/123.229
=0.5954

X2=Retained Earnings/Total Assets
=75.89/123.229
=0.6158

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4.252 - -0.025)/123.229
=0.0347

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=69.287/6.752
=10.2617

X5=Revenue/Total Assets
=67.2/123.229
=0.5453

The zones of discrimination were as such:

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

UMS-Neiken Group Bhd has a Altman Z-Score of 8.39 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 8.39 mean?
UMS-Neiken Group Bhd (XKLS:7227) has a Altman Z-Score of 8.39 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on UMS-Neiken Group Bhd and its competitors. This is 21% above median its historical median of 6.91. Over the past decade, UMS-Neiken Group Bhd's Altman Z-Score has ranged from 4.39 to 9.72. According to the industry distribution chart, UMS-Neiken Group Bhd ranks #503 out of 3007 companies in the Industrial Products industry, placing it in the top 16.7%.
Is UMS-Neiken Group Bhd's Altman Z-Score too high?
UMS-Neiken Group Bhd's current Altman Z-Score of 8.39 is 21% above median its 10-year median of 6.91. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 9.72. The Industrial Products industry median Altman Z-Score is 3.40. UMS-Neiken Group Bhd's value of 8.39 is 146.8% above this industry median. Based on the distribution chart, UMS-Neiken Group Bhd ranks #503 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, UMS-Neiken Group Bhd has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UMS-Neiken Group Bhd's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, UMS-Neiken Group Bhd ranks #503 out of 3007 companies for Altman Z-Score. This places UMS-Neiken Group Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.40. UMS-Neiken Group Bhd's value of 8.39 is 146.8% above this benchmark. Historically, UMS-Neiken Group Bhd's own Altman Z-Score has ranged from 4.39 to 9.72 over the past decade. While the company's 10-year median is 6.91 vs. the industry median of 3.40, UMS-Neiken 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.40, based on 3,007 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. UMS-Neiken Group Bhd's current Altman Z-Score of 8.39 is 146.8% 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 UMS-Neiken Group Bhd and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UMS-Neiken Group Bhd's current Altman Z-Score is 8.39, which is 21% above median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMS-Neiken Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, UMS-Neiken Group Bhd (XKLS:7227) is currently considered Fairly Valued. The stock's GF Value™ is RM0.95, compared to a current price of RM0.88 — trading 7.4% below its estimated fair value. The current Altman Z-Score is 8.39, which is 21% above median its 10-year median of 6.91 and 146.8% above the Industrial Products industry median of 3.40. UMS-Neiken Group Bhd's overall GF Score™ is 58/100 with 5 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 UMS-Neiken Group Bhd (XKLS:7227), the current Altman Z-Score is 8.39 as of Jul. 06, 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 UMS-Neiken Group Bhd (XKLS:7227) Overvalued in 2026?

Based on GuruFocus' analysis, UMS-Neiken Group Bhd stock appears to be undervalued. The current stock price of RM0.88 is trading 7.4% below its estimated GF Value™ of RM0.95. GuruFocus considers UMS-Neiken Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:7227:

  • Altman Z-Score: 8.39 (21% above median its 10-year median of 6.91)
  • GF Value™: RM0.95 vs. price of RM0.88 (7.4% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 146.8% above the Industrial Products median (#503 of 3007)

No single metric tells the full story. See the XKLS:7227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UMS-Neiken Group Bhd Business Description

Address Lot 48, Jalan Industri 2/1, Rawang Integrated Industrial Park, Rawang, MYS, 48000
UMS-Neiken Group Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, manufacturing, and trading of electrical wiring accessories, and related electric products. The products of the company include different types of switches, sockets, plugs, starters, weatherproof covers, and others. Geographically, the group has a business presence in Malaysia, Vietnam, and Singapore, out of which key revenue is derived from Malaysia.
58GF Score

Get the complete analysis for XKLS:7227

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

RM0.88
Price
RM0.95
GF Value