Wellcall Holdings Bhd (XKLS:7231) Altman Z-Score: 22.89 (As of Jun. 30, 2026) — 22% Above Median


XKLS:7231 Wellcall Holdings Bhd XKLS:7231
85 GF Score
Price RM1.11
GF Value RM1.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wellcall Holdings Bhd Altman Z-Score?

Wellcall Holdings Bhd XKLS:7231 85 Altman Z-Score is 22.89 as of Jun. 30, 2026, which is 22% above its 10-year median of 18.72. GuruFocus rates XKLS:7231 with a GF Score™ of 85/100 and a GF Value™ of RM1.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Wellcall Holdings Bhd ranks better than 98.86% 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 22.9 is strong.

Wellcall Holdings Bhd has a Altman Z-Score of 22.89, 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 Wellcall Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7231' s Altman Z-Score Range Over the Past 10 Years
Min: 12.81   Med: 18.72   Max: 25.2
Current: 22.9

During the past 13 years, Wellcall Holdings Bhd's highest Altman Z-Score was 25.20. The lowest was 12.81. And the median was 18.72.


Wellcall Holdings Bhd  (XKLS:7231) 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.


Wellcall Holdings Bhd Altman Z-Score Related Terms


Wellcall Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wellcall Holdings 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.

Wellcall Holdings Bhd Altman Z-Score Chart

Wellcall Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.96 12.81 15.88 17.87 15.66

Wellcall Holdings 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 20.91 21.67 15.66 20.85 25.20

XKLS:7231 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Wellcall Holdings 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.


Wellcall Holdings Bhd Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wellcall Holdings Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:7231
85GF Score
Wellcall Holdings Bhd XKLS:7231
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wellcall Holdings 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.

Wellcall Holdings 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*0.3525+1.4*0.4702+3.3*0.3202+0.6*32.7947+1.0*1.0802
=22.89

* 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 RM161.7 Mil.
Total Current Assets was RM69.3 Mil.
Total Current Liabilities was RM12.3 Mil.
Retained Earnings was RM76.0 Mil.
Pre-Tax Income was 9.611 + 10.507 + 16.479 + 15.059 = RM51.7 Mil.
Interest Expense was -0.038 + -0.04 + -0.025 + -0.034 = RM-0.1 Mil.
Revenue was 38.943 + 44.159 + 43.468 + 48.138 = RM174.7 Mil.
Market Cap (Today) was RM552.7 Mil.
Total Liabilities was RM16.9 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
=(69.281 - 12.267)/161.736
=0.3525

X2=Retained Earnings/Total Assets
=76.046/161.736
=0.4702

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(51.656 - -0.137)/161.736
=0.3202

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=552.722/16.854
=32.7947

X5=Revenue/Total Assets
=174.708/161.736
=1.0802

The zones of discrimination were as such:

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

Wellcall Holdings Bhd has a Altman Z-Score of 22.89 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 22.89 mean?
Wellcall Holdings Bhd (XKLS:7231) has a Altman Z-Score of 22.89 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wellcall Holdings Bhd and its competitors. This is 22% above median its historical median of 18.72. Over the past decade, Wellcall Holdings Bhd's Altman Z-Score has ranged from 12.81 to 25.20. According to the industry distribution chart, Wellcall Holdings Bhd ranks #15 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 1.1%.
Is Wellcall Holdings Bhd's Altman Z-Score too high?
Wellcall Holdings Bhd's current Altman Z-Score of 22.89 is 22% above median its 10-year median of 18.72. Over the past 10 years, this metric has ranged from a low of 12.81 to a high of 25.20. The Vehicles & Parts industry median Altman Z-Score is 2.54. Wellcall Holdings Bhd's value of 22.89 is 801.2% above this industry median. Based on the distribution chart, Wellcall Holdings Bhd ranks #15 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Wellcall Holdings Bhd has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wellcall Holdings Bhd's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wellcall Holdings Bhd ranks #15 out of 1311 companies for Altman Z-Score. This places Wellcall Holdings Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.54. Wellcall Holdings Bhd's value of 22.89 is 801.2% above this benchmark. Historically, Wellcall Holdings Bhd's own Altman Z-Score has ranged from 12.81 to 25.20 over the past decade. While the company's 10-year median is 18.72 vs. the industry median of 2.54, Wellcall Holdings 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,311 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. Wellcall Holdings Bhd's current Altman Z-Score of 22.89 is 801.2% 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 Wellcall Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellcall Holdings Bhd's current Altman Z-Score is 22.89, which is 22% above median its own 10-year median of 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellcall Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wellcall Holdings Bhd (XKLS:7231) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.27, compared to a current price of RM1.11 — trading 12.6% below its estimated fair value. The current Altman Z-Score is 22.89, which is 22% above median its 10-year median of 18.72 and 801.2% above the Vehicles & Parts industry median of 2.54. Wellcall Holdings Bhd's overall GF Score™ is 85/100 with 3 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 Wellcall Holdings Bhd (XKLS:7231), the current Altman Z-Score is 22.89 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 Wellcall Holdings Bhd (XKLS:7231) Overvalued in 2026?

Based on GuruFocus' analysis, Wellcall Holdings Bhd stock appears to be undervalued. The current stock price of RM1.11 is trading 12.6% below its estimated GF Value™ of RM1.27. GuruFocus considers Wellcall Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7231:

  • Altman Z-Score: 22.89 (22% above median its 10-year median of 18.72)
  • GF Value™: RM1.27 vs. price of RM1.11 (12.6% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 801.2% above the Vehicles & Parts median (#15 of 1311)

No single metric tells the full story. See the XKLS:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wellcall Holdings Bhd Business Description

Address Plot 48, Jalan Johan 2/5, Kawasan Perindustrian Pengkalan II, Fasa II, Pusing, PRK, MYS, 31550
Wellcall Holdings Bhd is principally an investment holding company. The company, along with its subsidiaries, is engaged in trading, importing, exporting, marketing, supplying and dealing in direct marketing multi level marketing, networking of all kinds of hoses and articles. The company's product portfolio includes critical hoses for the conveyance of air, water, and petroleum products, as well as specialised hoses for welding and handling abrasive materials. It serves various industries including Oil & Gas, Automotive, Marine, Water, and Construction. The company's geographical segments are Malaysia, the Middle East, Europe, the USA/Canada, Australia/New Zealand, Asia, South America, and Africa. The company generates the majority of its revenue from the USA/Canada.
85GF Score

Get the complete analysis for XKLS:7231

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

RM1.11
Price
RM1.27
GF Value