Eksons BhdXKLS:9016 +1.32%35 Altman Z-Score is 3.51 as of Jul. 08, 2026, which is 1% below its 10-year median of 3.55. GuruFocus rates XKLS:9016 with a GF Score™ of 35/100 and a GF Value™ of RM0.30 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 282 Forest Products companies, Eksons Bhd ranks better than 81.56% 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 3.48 is strong.
Eksons Bhd has a Altman Z-Score of 3.51, 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 Eksons Bhd's Altman Z-Score or its related term are showing as below:
XKLS:9016'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.52 Med: 3.55 Max: 3.94
Current: 3.48
During the past 13 years, Eksons Bhd's highest Altman Z-Score was 3.94. The lowest was 2.52. And the median was 3.55.
Eksons Bhd (XKLS:9016) 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.
Altman Z-Score does not apply to financial companies.
Eksons Bhd Altman Z-Score Related Terms
Eksons Bhd Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Eksons 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.
XKLS:9016 vs SSD, UFPI, BCC: Altman Z-Score Comparison
For the Lumber & Wood Production subindustry, Eksons 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.
Eksons Bhd Altman Z-Score vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Eksons Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Eksons Bhd's Altman Z-Score falls into.
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.
Eksons 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
*
0.7866
+
1.4
*
0.5815
+
3.3
*
-0.0212
+
0.6
*
2.9923
+
1.0
*
0.0231
=
3.51
* 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.
Eksons Bhd (XKLS:9016) has a Altman Z-Score of 3.51 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Eksons Bhd and its competitors. This is near median its historical median of 3.55. Over the past decade, Eksons Bhd's Altman Z-Score has ranged from 2.52 to 3.94. According to the industry distribution chart, Eksons Bhd ranks #52 out of 282 companies in the Forest Products industry, placing it in the top 18.4%.
Is Eksons Bhd's Altman Z-Score too high?
Eksons Bhd's current Altman Z-Score of 3.51 is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 3.94. The Forest Products industry median Altman Z-Score is 1.81. Eksons Bhd's value of 3.51 is 94.5% above this industry median. Based on the distribution chart, Eksons Bhd ranks #52 out of 282 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Eksons Bhd has a GF Score™ of 35/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eksons Bhd's Altman Z-Score compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Eksons Bhd ranks #52 out of 282 companies for Altman Z-Score. This places Eksons Bhd in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.81. Eksons Bhd's value of 3.51 is 94.5% above this benchmark. Historically, Eksons Bhd's own Altman Z-Score has ranged from 2.52 to 3.94 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.81, Eksons 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 Forest Products company?
The median Altman Z-Score among Forest Products companies is 1.81, based on 282 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. Eksons Bhd's current Altman Z-Score of 3.51 is 94.5% 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 Eksons Bhd and its competitors. For the Forest Products industry, the median Altman Z-Score is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eksons Bhd's current Altman Z-Score is 3.51, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eksons Bhd stock overvalued right now?
Based on GuruFocus' analysis, Eksons Bhd (XKLS:9016) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.30, compared to a current price of RM0.39 — trading 28.3% above its estimated fair value. The current Altman Z-Score is 3.51, which is near median its 10-year median of 3.55 and 94.5% above the Forest Products industry median of 1.81. Eksons Bhd's overall GF Score™ is 35/100 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 Eksons Bhd (XKLS:9016), the current Altman Z-Score is 3.51 as of Jul. 08, 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 Eksons Bhd (XKLS:9016) Overvalued in 2026?
Based on GuruFocus' analysis, Eksons Bhd stock appears to be overvalued.
The current stock price of RM0.39 is trading 28.3% above its estimated GF Value™ of RM0.30.
GuruFocus considers Eksons Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:9016:
Altman Z-Score: 3.51 (near median its 10-year median of 3.55)
GF Value™: RM0.30 vs. price of RM0.39 (28.3% above fair value)
Industry Position: 94.5% above the Forest Products median (#52 of 282)
No single metric tells the full story. See the XKLS:9016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eksons Corp Bhd is principally engaged in the business of investment holding. Along with its subsidiaries, it operates in the following reportable segments: Plywood operations, which include the manufacture and sale of sawn timber, veneer, and plywood and generation and supply of power and steam; Property and investment holdings, which include rental of properties, investment holding, and provision of management services; and the Property development segment, which includes the development of commercial and residential properties. The majority of its revenue is generated from the Property development segment. Geographically, the group derives all of its revenue from its business in Malaysia.
35GF Score
Get the complete analysis for XKLS:9016
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:9016 has been successfully added to your 
