Infraharta Holdings Bhd (XKLS:7240) Altman Z-Score: 1.48 (As of Jul. 14, 2026) — Near Median

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XKLS:7240 Infraharta Holdings Bhd XKLS:7240
43 GF Score
Price RM0.11
GF Value RM0.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Infraharta Holdings Bhd Altman Z-Score?

Infraharta Holdings Bhd XKLS:7240 -12.00% 43 Altman Z-Score is 1.48 as of Jul. 14, 2026, which is 8% below its 10-year median of 1.61. GuruFocus rates XKLS:7240 with a GF Score™ of 43/100 and a GF Value™ of RM0.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,754 Construction companies, Infraharta Holdings Bhd ranks worse than 66.13% 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 1.65 is in distress zone. This implies bankruptcy possibility in the next two years.

Infraharta Holdings Bhd has a Altman Z-Score of 1.48, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Infraharta Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7240' s Altman Z-Score Range Over the Past 10 Years
Min: -0.76   Med: 1.61   Max: 5.99
Current: 1.65

During the past 13 years, Infraharta Holdings Bhd's highest Altman Z-Score was 5.99. The lowest was -0.76. And the median was 1.61.


Infraharta Holdings Bhd  (XKLS:7240) 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.


Infraharta Holdings Bhd Altman Z-Score Related Terms


Infraharta Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Infraharta 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.

Infraharta Holdings Bhd Altman Z-Score Chart

Infraharta Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 -0.11 -0.76 0.07 -0.35

Infraharta 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 -0.35 -0.36 -0.22 -0.52 1.43

XKLS:7240 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Infraharta 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.


Infraharta Holdings Bhd Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Infraharta Holdings Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:7240
43GF Score
Infraharta Holdings Bhd XKLS:7240
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infraharta 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.

Infraharta 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*0.3761+1.4*-0.017+3.3*-0.1481+0.6*2.0649+1.0*0.3063
=1.48

* 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 RM60.10 Mil.
Total Current Assets was RM44.05 Mil.
Total Current Liabilities was RM21.45 Mil.
Retained Earnings was RM-1.02 Mil.
Pre-Tax Income was -0.893 + -0.912 + -0.518 + -6.617 = RM-8.94 Mil.
Interest Expense was -0.001 + -0.007 + -0.011 + -0.018 = RM-0.04 Mil.
Revenue was 1.522 + 0.635 + 4.989 + 11.264 = RM18.41 Mil.
Market Cap (Today) was RM48.71 Mil.
Total Liabilities was RM23.59 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
=(44.052 - 21.445)/60.102
=0.3761

X2=Retained Earnings/Total Assets
=-1.022/60.102
=-0.017

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.94 - -0.037)/60.102
=-0.1481

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=48.713/23.591
=2.0649

X5=Revenue/Total Assets
=18.41/60.102
=0.3063

The zones of discrimination were as such:

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

Infraharta Holdings Bhd has a Altman Z-Score of 1.48 indicating it is in Distress 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 1.48 mean?
Infraharta Holdings Bhd (XKLS:7240) has a Altman Z-Score of 1.48 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Infraharta Holdings Bhd and its competitors. This is near median its historical median of 1.61. According to the industry distribution chart, Infraharta Holdings Bhd ranks #1160 out of 1754 companies in the Construction industry, placing it in the top 66.1%.
Is Infraharta Holdings Bhd's Altman Z-Score too high?
Infraharta Holdings Bhd's current Altman Z-Score of 1.48 is near median its 10-year median of 1.61. The Construction industry median Altman Z-Score is 2.33. Infraharta Holdings Bhd's value of 1.48 is 36.5% below this industry median. Based on the distribution chart, Infraharta Holdings Bhd ranks #1160 out of 1754 companies in the Construction industry, which is below the industry midpoint. Overall, Infraharta Holdings Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infraharta Holdings Bhd's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Infraharta Holdings Bhd ranks #1160 out of 1754 companies for Altman Z-Score. This places Infraharta Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.33. Infraharta Holdings Bhd's value of 1.48 is 36.5% below this benchmark. While the company's 10-year median is 1.61 vs. the industry median of 2.33, Infraharta Holdings 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,754 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. Infraharta Holdings Bhd's current Altman Z-Score of 1.48 is 36.5% 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 Infraharta Holdings Bhd and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infraharta Holdings Bhd's current Altman Z-Score is 1.48, which is near median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infraharta Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Infraharta Holdings Bhd (XKLS:7240) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.11 — trading 120% above its estimated fair value. The current Altman Z-Score is 1.48, which is near median its 10-year median of 1.61 and 36.5% below the Construction industry median of 2.33. Infraharta Holdings Bhd's overall GF Score™ is 43/100 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 Infraharta Holdings Bhd (XKLS:7240), the current Altman Z-Score is 1.48 as of Jul. 14, 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 Infraharta Holdings Bhd (XKLS:7240) Overvalued in 2026?

Based on GuruFocus' analysis, Infraharta Holdings Bhd stock appears to be overvalued. The current stock price of RM0.11 is trading 120% above its estimated GF Value™ of RM0.05. GuruFocus considers Infraharta Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7240:

  • Altman Z-Score: 1.48 (near median its 10-year median of 1.61)
  • GF Value™: RM0.05 vs. price of RM0.11 (120% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 36.5% below the Construction median (#1160 of 1754)

No single metric tells the full story. See the XKLS:7240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Infraharta Holdings Bhd Business Description

Address No. 12, Jalan Yap Kwan Seng, Megan Avenue II, B-3-9, 3rd Floor, Block B, Kuala Lumpur, SGR, MYS, 50450
Infraharta Holdings Bhd is an investment holding company operating through Construction, Property Development, and Others, with maximum revenue from Construction. Its activities are predominantly in Malaysia, and its development includes facilities such as Garden Viewing, Infinity Swimming Pool, Jacuzzi, Sauna, Kids Playground, Prayer Room, Children's Pool, indoor and outdoor gym, Barbecue Area, and Multipurpose Hall. It offers access to roads including Kulim-Butterworth Expressway, North-South Expressway, and Penang Bridge, and is surrounded by apartments, schools, hospitals, retail and chain stores, shopping malls, gas stations, and other facilities.
43GF Score

Get the complete analysis for XKLS:7240

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

RM0.11
Price
RM0.05
GF Value