Magna Prima Bhd (XKLS:7617) Altman Z-Score: 5.53 (As of Jul. 05, 2026) — 298% Above Median


XKLS:7617 Magna Prima Bhd XKLS:7617
79 GF Score
Price RM0.70
GF Value RM1.17
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Magna Prima Bhd Altman Z-Score?

Magna Prima Bhd XKLS:7617 79 Altman Z-Score is 5.53 as of Jul. 05, 2026, which is 298% above its 10-year median of 1.39. GuruFocus rates XKLS:7617 with a GF Score™ of 79/100 and a GF Value™ of RM1.17 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,731 Real Estate companies, Magna Prima Bhd ranks better than 91.33% 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 5.53 is strong.

Magna Prima Bhd has a Altman Z-Score of 5.53, 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 Magna Prima Bhd's Altman Z-Score or its related term are showing as below:

XKLS:7617' s Altman Z-Score Range Over the Past 10 Years
Min: -0.22   Med: 1.39   Max: 7.5
Current: 5.53

During the past 13 years, Magna Prima Bhd's highest Altman Z-Score was 7.50. The lowest was -0.22. And the median was 1.39.


Magna Prima Bhd  (XKLS:7617) 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.


Magna Prima Bhd Altman Z-Score Related Terms


Magna Prima Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Magna Prima 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.

Magna Prima Bhd Altman Z-Score Chart

Magna Prima 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 0.26 1.16 0.62 4.40 4.04

Magna Prima 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 5.04 4.60 7.50 4.04 5.70

Magna Prima Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Magna Prima 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.


Magna Prima Bhd Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Magna Prima Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:7617
79GF Score
Magna Prima Bhd XKLS:7617
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magna Prima 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.

Magna Prima 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*0.8737+1.4*0.4851+3.3*0.0716+0.6*5.0153+1.0*0.5564
=5.53

* 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 RM395.9 Mil.
Total Current Assets was RM394.7 Mil.
Total Current Liabilities was RM48.8 Mil.
Retained Earnings was RM192.1 Mil.
Pre-Tax Income was 15.877 + 6.004 + 4.781 + 1.626 = RM28.3 Mil.
Interest Expense was -0.013 + -0.048 + -0.001 + -0.001 = RM-0.1 Mil.
Revenue was 128.123 + 59.674 + 21.37 + 11.104 = RM220.3 Mil.
Market Cap (Today) was RM279.4 Mil.
Total Liabilities was RM55.7 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
=(394.735 - 48.846)/395.896
=0.8737

X2=Retained Earnings/Total Assets
=192.054/395.896
=0.4851

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(28.288 - -0.063)/395.896
=0.0716

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=279.407/55.711
=5.0153

X5=Revenue/Total Assets
=220.271/395.896
=0.5564

The zones of discrimination were as such:

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

Magna Prima Bhd has a Altman Z-Score of 5.53 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 5.53 mean?
Magna Prima Bhd (XKLS:7617) has a Altman Z-Score of 5.53 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Magna Prima Bhd and its competitors. This is 298% above median its historical median of 1.39. According to the industry distribution chart, Magna Prima Bhd ranks #150 out of 1731 companies in the Real Estate industry, placing it in the top 8.7%.
Is Magna Prima Bhd's Altman Z-Score too high?
Magna Prima Bhd's current Altman Z-Score of 5.53 is 298% above median its 10-year median of 1.39. The Real Estate industry median Altman Z-Score is 1.31. Magna Prima Bhd's value of 5.53 is 322.1% above this industry median. Based on the distribution chart, Magna Prima Bhd ranks #150 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Magna Prima Bhd has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magna Prima Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Magna Prima Bhd ranks #150 out of 1731 companies for Altman Z-Score. This places Magna Prima Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.31. Magna Prima Bhd's value of 5.53 is 322.1% above this benchmark. While the company's 10-year median is 1.39 vs. the industry median of 1.31, Magna Prima 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,731 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. Magna Prima Bhd's current Altman Z-Score of 5.53 is 322.1% 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 Magna Prima Bhd and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Prima Bhd's current Altman Z-Score is 5.53, which is 298% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Prima Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magna Prima Bhd (XKLS:7617) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.17, compared to a current price of RM0.70 — trading 40.2% below its estimated fair value. The current Altman Z-Score is 5.53, which is 298% above median its 10-year median of 1.39 and 322.1% above the Real Estate industry median of 1.31. Magna Prima Bhd's overall GF Score™ is 79/100 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 Magna Prima Bhd (XKLS:7617), the current Altman Z-Score is 5.53 as of Jul. 05, 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 Magna Prima Bhd (XKLS:7617) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Prima Bhd stock appears to be undervalued. The current stock price of RM0.70 is trading 40.2% below its estimated GF Value™ of RM1.17. GuruFocus considers Magna Prima Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7617:

  • Altman Z-Score: 5.53 (298% above median its 10-year median of 1.39)
  • GF Value™: RM1.17 vs. price of RM0.70 (40.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 322.1% above the Real Estate median (#150 of 1731)

No single metric tells the full story. See the XKLS:7617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Prima Bhd Business Description

Address No. 6, Jalan Juruanalisis U1/35, G-9, Subplace Boulevard, Pusat Komersil Vestland, Seksyen U1, Shah Alam, MYS, 40150
Magna Prima Bhd is an investment holding company. Through its subsidiaries, the company provides a diverse range of property development, building construction, trading, and management services. The group focuses on purchasing and developing pocket-sized land banks in high-density areas. Its reportable segments include Properties, Construction and Engineering, Trading and Investment. The majority of its revenue is generated from the Properties segment, which is engaged in the business of property development. Geographically, the group generates maximum revenue from Malaysia and also has a presence in Australia.
79GF Score

Get the complete analysis for XKLS:7617

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

RM0.70
Price
RM1.17
GF Value