LB Aluminium BhdXKLS:9326 +1.09%69 Altman Z-Score is 2.61 as of Jul. 01, 2026, which is 24% above its 10-year median of 2.11. GuruFocus rates XKLS:9326 with a GF Score™ of 69/100 and a GF Value™ of RM0.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 787 Metals & Mining companies, LB Aluminium Bhd ranks worse than 62.39% 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 2.6 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
LB Aluminium Bhd has a Altman Z-Score of 2.61, indicating it is in Grey Zones. This implies that LB Aluminium Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 LB Aluminium Bhd's Altman Z-Score or its related term are showing as below:
XKLS:9326'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.28 Med: 2.11 Max: 2.63
Current: 2.6
During the past 13 years, LB Aluminium Bhd's highest Altman Z-Score was 2.63. The lowest was 1.28. And the median was 2.11.
LB Aluminium Bhd (XKLS:9326) 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.
LB Aluminium Bhd Altman Z-Score Related Terms
LB Aluminium Bhd Altman Z-Score Historical Data
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The historical data trend for LB Aluminium 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:9326 vs AA, CENX, CSTM: Altman Z-Score Comparison
For the Aluminum subindustry, LB Aluminium 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.
LB Aluminium Bhd Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, LB Aluminium Bhd's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where LB Aluminium 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.
LB Aluminium 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
*
0.3736
+
1.4
*
0.331
+
3.3
*
0.1419
+
0.6
*
0.4032
+
1.0
*
0.9848
=
2.61
* 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.
LB Aluminium Bhd (XKLS:9326) has a Altman Z-Score of 2.61 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on LB Aluminium Bhd and its competitors. This is 24% above median its historical median of 2.11. Over the past decade, LB Aluminium Bhd's Altman Z-Score has ranged from 1.28 to 2.63. According to the industry distribution chart, LB Aluminium Bhd ranks #491 out of 787 companies in the Metals & Mining industry, placing it in the top 62.4%.
Is LB Aluminium Bhd's Altman Z-Score too high?
LB Aluminium Bhd's current Altman Z-Score of 2.61 is 24% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.63. The Metals & Mining industry median Altman Z-Score is 3.37. LB Aluminium Bhd's value of 2.61 is 22.6% below this industry median. Based on the distribution chart, LB Aluminium Bhd ranks #491 out of 787 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, LB Aluminium Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LB Aluminium Bhd's Altman Z-Score compare to AA and CENX?
According to the Metals & Mining industry distribution chart, LB Aluminium Bhd ranks #491 out of 787 companies for Altman Z-Score. This places LB Aluminium Bhd in the lower half of its industry. The industry median Altman Z-Score is 3.37. LB Aluminium Bhd's value of 2.61 is 22.6% below this benchmark. Historically, LB Aluminium Bhd's own Altman Z-Score has ranged from 1.28 to 2.63 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 3.37, LB Aluminium 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.37, based on 787 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. LB Aluminium Bhd's current Altman Z-Score of 2.61 is 22.6% 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 LB Aluminium Bhd and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LB Aluminium Bhd's current Altman Z-Score is 2.61, which is 24% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LB Aluminium Bhd stock overvalued right now?
Based on GuruFocus' analysis, LB Aluminium Bhd (XKLS:9326) is currently considered Fairly Valued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.47 — trading 8.8% below its estimated fair value. The current Altman Z-Score is 2.61, which is 24% above median its 10-year median of 2.11 and 22.6% below the Metals & Mining industry median of 3.37. LB Aluminium Bhd's overall GF Score™ is 69/100 with 2 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 LB Aluminium Bhd (XKLS:9326), the current Altman Z-Score is 2.61 as of Jul. 01, 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 LB Aluminium Bhd (XKLS:9326) Overvalued in 2026?
Based on GuruFocus' analysis, LB Aluminium Bhd stock appears to be undervalued.
The current stock price of RM0.47 is trading 8.8% below its estimated GF Value™ of RM0.51.
GuruFocus considers LB Aluminium Bhd to be Fairly Valued.
Key valuation signals for XKLS:9326:
Altman Z-Score: 2.61 (24% above median its 10-year median of 2.11)
GF Value™: RM0.51 vs. price of RM0.47 (8.8% below fair value)
Industry Position: 22.6% below the Metals & Mining median (#491 of 787)
No single metric tells the full story. See the XKLS:9326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminium extrusions. The company reports in two segments: aluminium and property development. Their product acts as a raw material for transport, construction, consumer goods, packaging, as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include aluminium extrusion, aluminium sheets/coils, fittings and accessories, extrusion presses, and anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.
69GF Score
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