Federal International Holdings Bhd (XKLS:8605) Altman Z-Score: 1.26 (As of Jul. 02, 2026) — 26% Below Median


XKLS:8605 Federal International Holdings Bhd XKLS:8605
42 GF Score
Price RM0.28
GF Value RM0.31
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Federal International Holdings Bhd Altman Z-Score?

Federal International Holdings Bhd XKLS:8605 42 Altman Z-Score is 1.26 as of Jul. 02, 2026, which is 26% below its 10-year median of 1.70. GuruFocus rates XKLS:8605 with a GF Score™ of 42/100 and a GF Value™ of RM0.31 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 89 Homebuilding & Construction companies, Federal International Holdings Bhd ranks worse than 88.76% 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 1.26 is in distress zone. This implies bankruptcy possibility in the next two years.

Federal International Holdings Bhd has a Altman Z-Score of 1.26, 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 Federal International Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:8605' s Altman Z-Score Range Over the Past 10 Years
Min: 1.19   Med: 1.7   Max: 3.62
Current: 1.26

During the past 13 years, Federal International Holdings Bhd's highest Altman Z-Score was 3.62. The lowest was 1.19. And the median was 1.70.


Federal International Holdings Bhd  (XKLS:8605) 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.


Federal International Holdings Bhd Altman Z-Score Related Terms


Federal International Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Federal International 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.

Federal International Holdings Bhd Altman Z-Score Chart

Federal International Holdings Bhd Annual Data
Trend Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 2.15 2.72 1.84 1.21

Federal International 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 1.46 1.21 1.32 1.34 1.26

XKLS:8605 vs DHI, PHM, LEN: Altman Z-Score Comparison

For the Residential Construction subindustry, Federal International 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.


Federal International Holdings Bhd Altman Z-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Federal International Holdings Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:8605
42GF Score
Federal International Holdings Bhd XKLS:8605
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal International 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.

Federal International 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*0.3476+1.4*0.146+3.3*0.0098+0.6*0.4703+1.0*0.3275
=1.26

* 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 RM192.14 Mil.
Total Current Assets was RM137.76 Mil.
Total Current Liabilities was RM70.98 Mil.
Retained Earnings was RM28.05 Mil.
Pre-Tax Income was -0.412 + 0.779 + -1.653 + 1.745 = RM0.46 Mil.
Interest Expense was -0.436 + -0.256 + -0.359 + -0.372 = RM-1.42 Mil.
Revenue was 18.735 + 16.433 + 8.233 + 19.524 = RM62.93 Mil.
Market Cap (Today) was RM37.19 Mil.
Total Liabilities was RM79.09 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
=(137.763 - 70.982)/192.138
=0.3476

X2=Retained Earnings/Total Assets
=28.048/192.138
=0.146

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.459 - -1.423)/192.138
=0.0098

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=37.192/79.087
=0.4703

X5=Revenue/Total Assets
=62.925/192.138
=0.3275

The zones of discrimination were as such:

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

Federal International Holdings Bhd has a Altman Z-Score of 1.26 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 1.26 mean?
Federal International Holdings Bhd (XKLS:8605) has a Altman Z-Score of 1.26 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Federal International Holdings Bhd and its competitors. This is 26% below median its historical median of 1.70. Over the past decade, Federal International Holdings Bhd's Altman Z-Score has ranged from 1.19 to 3.62. According to the industry distribution chart, Federal International Holdings Bhd ranks #79 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 88.8%.
Is Federal International Holdings Bhd's Altman Z-Score too high?
Federal International Holdings Bhd's current Altman Z-Score of 1.26 is 26% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 3.62. The Homebuilding & Construction industry median Altman Z-Score is 2.23. Federal International Holdings Bhd's value of 1.26 is 43.5% below this industry median. Based on the distribution chart, Federal International Holdings Bhd ranks #79 out of 89 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Federal International Holdings Bhd has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Federal International Holdings Bhd's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Federal International Holdings Bhd ranks #79 out of 89 companies for Altman Z-Score. This places Federal International Holdings Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.23. Federal International Holdings Bhd's value of 1.26 is 43.5% below this benchmark. Historically, Federal International Holdings Bhd's own Altman Z-Score has ranged from 1.19 to 3.62 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 2.23, Federal International 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 Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.23, based on 89 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. Federal International Holdings Bhd's current Altman Z-Score of 1.26 is 43.5% 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 Federal International Holdings Bhd and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal International Holdings Bhd's current Altman Z-Score is 1.26, which is 26% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal International Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Federal International Holdings Bhd (XKLS:8605) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.28 — trading 11.3% below its estimated fair value. The current Altman Z-Score is 1.26, which is 26% below median its 10-year median of 1.70 and 43.5% below the Homebuilding & Construction industry median of 2.23. Federal International Holdings Bhd's overall GF Score™ is 42/100 with 9 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 Federal International Holdings Bhd (XKLS:8605), the current Altman Z-Score is 1.26 as of Jul. 02, 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 Federal International Holdings Bhd (XKLS:8605) Overvalued in 2026?

Based on GuruFocus' analysis, Federal International Holdings Bhd stock appears to be undervalued. The current stock price of RM0.28 is trading 11.3% below its estimated GF Value™ of RM0.31. GuruFocus considers Federal International Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8605:

  • Altman Z-Score: 1.26 (26% below median its 10-year median of 1.70)
  • GF Value™: RM0.31 vs. price of RM0.28 (11.3% below fair value)
  • GF Score™: 42/100 with 9 warning signs
  • Industry Position: 43.5% below the Homebuilding & Construction median (#79 of 89)

No single metric tells the full story. See the XKLS:8605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal International Holdings Bhd Business Description

Other Exchanges 8605PB.PFD:Malaysia
Address No. 1B, Jalan Yong Shook Lin, Section 7, Level P1, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050
Federal International Holdings Bhd is engaged in the business of investment holding. Through its subsidiaries it provides renovation and interior fit-out works, trading of home furnishings, home appliances and general building materials, manufacturing and export of furniture, construction services and designers, assembles, integrators, decorates, furnishers, woodworkers, consultants and contractors for all type of projects. Its segments include Manufacturing and trading of furniture; Construction and interior fit out; and investment holding. It derives majority of the revenue from Construction and interior fit out segment.
42GF Score

Get the complete analysis for XKLS:8605

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

RM0.28
Price
RM0.31
GF Value