Teo Guan Lee Bhd (XKLS:9369) Altman Z-Score: 3.68 (As of Jul. 11, 2026) — Near Median


XKLS:9369 Teo Guan Lee Corp Bhd XKLS:9369
54 GF Score
Price RM0.88
GF Value RM0.97
Valuation Fairly Valued
! 1 Warning Sign
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What is Teo Guan Lee Bhd Altman Z-Score?

Teo Guan Lee Bhd XKLS:9369 +2.33% 54 Altman Z-Score is 3.68 as of Jul. 11, 2026, which is 1% above its 10-year median of 3.65. GuruFocus rates XKLS:9369 with a GF Score™ of 54/100 and a GF Value™ of RM0.97 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Teo Guan Lee Bhd ranks better than 68.81% 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 3.68 is strong.

Teo Guan Lee Bhd has a Altman Z-Score of 3.68, 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 Teo Guan Lee Bhd's Altman Z-Score or its related term are showing as below:

XKLS:9369' s Altman Z-Score Range Over the Past 10 Years
Min: 2.39   Med: 3.65   Max: 5.58
Current: 3.68

During the past 13 years, Teo Guan Lee Bhd's highest Altman Z-Score was 5.58. The lowest was 2.39. And the median was 3.65.


Teo Guan Lee Bhd  (XKLS:9369) 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.


Teo Guan Lee Bhd Altman Z-Score Related Terms


Teo Guan Lee Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Teo Guan Lee 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.

Teo Guan Lee Bhd Altman Z-Score Chart

Teo Guan Lee Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 4.36 4.89 5.33 5.25

Teo Guan Lee 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 4.44 5.25 5.58 3.65 3.57

XKLS:9369 vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Teo Guan Lee 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.


Teo Guan Lee Bhd Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teo Guan Lee Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Teo Guan Lee Bhd's Altman Z-Score falls into.


XKLS:9369
54GF Score
Teo Guan Lee Corp Bhd XKLS:9369
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Teo Guan Lee 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.

Teo Guan Lee 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*0.5958+1.4*0.5037+3.3*0.0563+0.6*2.1998+1.0*0.7494
=3.68

* 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 RM169.0 Mil.
Total Current Assets was RM131.2 Mil.
Total Current Liabilities was RM30.5 Mil.
Retained Earnings was RM85.1 Mil.
Pre-Tax Income was 7.63 + 2.788 + 0.715 + -2.003 = RM9.1 Mil.
Interest Expense was -0.118 + -0.086 + -0.069 + -0.112 = RM-0.4 Mil.
Revenue was 60.107 + 29.142 + 19.74 + 17.677 = RM126.7 Mil.
Market Cap (Today) was RM77.4 Mil.
Total Liabilities was RM35.2 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
=(131.222 - 30.525)/169.018
=0.5958

X2=Retained Earnings/Total Assets
=85.138/169.018
=0.5037

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(9.13 - -0.385)/169.018
=0.0563

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=77.435/35.201
=2.1998

X5=Revenue/Total Assets
=126.666/169.018
=0.7494

The zones of discrimination were as such:

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

Teo Guan Lee Bhd has a Altman Z-Score of 3.68 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 3.68 mean?
Teo Guan Lee Bhd (XKLS:9369) has a Altman Z-Score of 3.68 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Teo Guan Lee Bhd and its competitors. This is near median its historical median of 3.65. Over the past decade, Teo Guan Lee Bhd's Altman Z-Score has ranged from 2.39 to 5.58. According to the industry distribution chart, Teo Guan Lee Bhd ranks #320 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.2%.
Is Teo Guan Lee Bhd's Altman Z-Score too high?
Teo Guan Lee Bhd's current Altman Z-Score of 3.68 is near median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 5.58. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.55. Teo Guan Lee Bhd's value of 3.68 is 44.6% above this industry median. Based on the distribution chart, Teo Guan Lee Bhd ranks #320 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Teo Guan Lee Bhd has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Teo Guan Lee Bhd's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Teo Guan Lee Bhd ranks #320 out of 1026 companies for Altman Z-Score. This puts Teo Guan Lee Bhd in the upper half of its industry. The industry median Altman Z-Score is 2.55. Teo Guan Lee Bhd's value of 3.68 is 44.6% above this benchmark. Historically, Teo Guan Lee Bhd's own Altman Z-Score has ranged from 2.39 to 5.58 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 2.55, Teo Guan Lee 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,026 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. Teo Guan Lee Bhd's current Altman Z-Score of 3.68 is 44.6% 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 Teo Guan Lee Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teo Guan Lee Bhd's current Altman Z-Score is 3.68, which is near median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teo Guan Lee Bhd stock overvalued right now?
Based on GuruFocus' analysis, Teo Guan Lee Bhd (XKLS:9369) is currently considered Fairly Valued. The stock's GF Value™ is RM0.97, compared to a current price of RM0.88 — trading 9.3% below its estimated fair value. The current Altman Z-Score is 3.68, which is near median its 10-year median of 3.65 and 44.6% above the Manufacturing - Apparel & Accessories industry median of 2.55. Teo Guan Lee Bhd's overall GF Score™ is 54/100 with 1 warning sign 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 Teo Guan Lee Bhd (XKLS:9369), the current Altman Z-Score is 3.68 as of Jul. 11, 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 Teo Guan Lee Bhd (XKLS:9369) Overvalued in 2026?

Based on GuruFocus' analysis, Teo Guan Lee Bhd stock appears to be undervalued. The current stock price of RM0.88 is trading 9.3% below its estimated GF Value™ of RM0.97. GuruFocus considers Teo Guan Lee Bhd to be Fairly Valued.

Key valuation signals for XKLS:9369:

  • Altman Z-Score: 3.68 (near median its 10-year median of 3.65)
  • GF Value™: RM0.97 vs. price of RM0.88 (9.3% below fair value)
  • GF Score™: 54/100 with 1 warning sign
  • Industry Position: 44.6% above the Manufacturing - Apparel & Accessories median (#320 of 1026)

No single metric tells the full story. See the XKLS:9369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teo Guan Lee Bhd Business Description

Address Plot 28 Lorong Perusahaan Maju 4, Prai Industrial Estate, Prai, PNG, MYS, 13600
Teo Guan Lee Corp Bhd is an investment holding company engaged in the manufacturing, distributing and retailing of branded apparel. It operates through two segments: Apparels: Marketing and distribution of garments and its related accessories, and Investment holding: Property and equity investment. It derives maximum revenue from Apparels segment. The company offers baby and children apparels, accessories, sport, and casual wear through departmental stores, under the brand name of Cuddles, Kikilala, Garfield, Power Puff Girls, Tom & Jerry, Pronic, and Baby Tom & Jerry. It has a single geographical segment that is Malaysia.
54GF Score

Get the complete analysis for XKLS:9369

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

RM0.88
Price
RM0.97
GF Value