Tomypak Holdings Bhd (XKLS:7285) Altman Z-Score: 0.72 (As of Jun. 30, 2026) — 65% Below Median


XKLS:7285 Tomypak Holdings Bhd XKLS:7285
28 GF Score
Price RM0.16
GF Value RM0.30
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Tomypak Holdings Bhd Altman Z-Score?

Tomypak Holdings Bhd XKLS:7285 -3.13% 28 Altman Z-Score is 0.72 as of Jun. 30, 2026, which is 65% below its 10-year median of 2.07. GuruFocus rates XKLS:7285 with a GF Score™ of 28/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 387 Packaging & Containers companies, Tomypak Holdings Bhd ranks worse than 93.54% 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 0.73 is in distress zone. This implies bankruptcy possibility in the next two years.

Tomypak Holdings Bhd has a Altman Z-Score of 0.72, 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 Tomypak Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7285' s Altman Z-Score Range Over the Past 10 Years
Min: -1.36   Med: 2.07   Max: 5.57
Current: 0.73

During the past 13 years, Tomypak Holdings Bhd's highest Altman Z-Score was 5.57. The lowest was -1.36. And the median was 2.07.


Tomypak Holdings Bhd  (XKLS:7285) 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.


Tomypak Holdings Bhd Altman Z-Score Related Terms


Tomypak Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tomypak 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.

Tomypak Holdings Bhd Altman Z-Score Chart

Tomypak Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 -1.36 4.51 1.10 1.15

Tomypak Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 1.51 1.15 1.24 1.13 0.73

XKLS:7285 vs SW, PKG, IP: Altman Z-Score Comparison

For the Packaging & Containers subindustry, Tomypak 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.


Tomypak Holdings Bhd Altman Z-Score vs Packaging & Containers Industry

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

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


XKLS:7285
28GF Score
Tomypak Holdings Bhd XKLS:7285
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomypak 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.

Tomypak 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*0.0674+1.4*0+3.3*-0.1494+0.6*0.5124+1.0*0.8236
=0.72

* 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 RM235.7 Mil.
Total Current Assets was RM103.2 Mil.
Total Current Liabilities was RM87.3 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was -11.372 + -9.237 + -8.736 + -11.694 = RM-41.0 Mil.
Interest Expense was -1.214 + -1.22 + -1.485 + -1.908 = RM-5.8 Mil.
Revenue was 37.834 + 49.787 + 56.316 + 50.184 = RM194.1 Mil.
Market Cap (Today) was RM66.8 Mil.
Total Liabilities was RM130.4 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
=(103.176 - 87.292)/235.7
=0.0674

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-41.039 - -5.827)/235.7
=-0.1494

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=66.823/130.42
=0.5124

X5=Revenue/Total Assets
=194.121/235.7
=0.8236

The zones of discrimination were as such:

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

Tomypak Holdings Bhd has a Altman Z-Score of 0.72 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 0.72 mean?
Tomypak Holdings Bhd (XKLS:7285) has a Altman Z-Score of 0.72 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tomypak Holdings Bhd and its competitors. This is 65% below median its historical median of 2.07. According to the industry distribution chart, Tomypak Holdings Bhd ranks #362 out of 387 companies in the Packaging & Containers industry, placing it in the top 93.5%.
Is Tomypak Holdings Bhd's Altman Z-Score too high?
Tomypak Holdings Bhd's current Altman Z-Score of 0.72 is 65% below median its 10-year median of 2.07. The Packaging & Containers industry median Altman Z-Score is 2.65. Tomypak Holdings Bhd's value of 0.72 is 72.8% below this industry median. Based on the distribution chart, Tomypak Holdings Bhd ranks #362 out of 387 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Tomypak Holdings Bhd has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tomypak Holdings Bhd's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tomypak Holdings Bhd ranks #362 out of 387 companies for Altman Z-Score. This places Tomypak Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.65. Tomypak Holdings Bhd's value of 0.72 is 72.8% below this benchmark. While the company's 10-year median is 2.07 vs. the industry median of 2.65, Tomypak 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.65, based on 387 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. Tomypak Holdings Bhd's current Altman Z-Score of 0.72 is 72.8% 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 Tomypak Holdings Bhd and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomypak Holdings Bhd's current Altman Z-Score is 0.72, which is 65% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomypak Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tomypak Holdings Bhd (XKLS:7285) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.16 — trading 48.3% below its estimated fair value. The current Altman Z-Score is 0.72, which is 65% below median its 10-year median of 2.07 and 72.8% below the Packaging & Containers industry median of 2.65. Tomypak Holdings Bhd's overall GF Score™ is 28/100 with 4 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 Tomypak Holdings Bhd (XKLS:7285), the current Altman Z-Score is 0.72 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 Tomypak Holdings Bhd (XKLS:7285) Overvalued in 2026?

Based on GuruFocus' analysis, Tomypak Holdings Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 48.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Tomypak Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7285:

  • Altman Z-Score: 0.72 (65% below median its 10-year median of 2.07)
  • GF Value™: RM0.30 vs. price of RM0.16 (48.3% below fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 72.8% below the Packaging & Containers median (#362 of 387)

No single metric tells the full story. See the XKLS:7285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomypak Holdings Bhd Business Description

Address No.11, Jalan Tahana, Kawasan Perindustrian Tampoi, Johor Bahru, JHR, MYS, 80350
Tomypak Holdings Bhd is a manufacturer and seller of flexible packaging materials, polyethylene, polypropylene films and sheets. The group's operation is divided into local and export market. The local market relates to sales to customers within Malaysia. The export market relates to sales to overseas customers with South East Asia being the principal market segment. Its product includes Premium packaging, used for packaging powdered beverage, High barrier metalized packaging for packaging seasoning and powdered beverage, Hot fill packaging, for packaging mayonnaise and sauces, General packaging, used for packaging confectionery, instant noodles and snacks, and Specialty used for packaging pet food and detergent.
28GF Score

Get the complete analysis for XKLS:7285

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

RM0.16
Price
RM0.30
GF Value