This research aimed to determine the effect of activity, sales growth and intellectual capital, to predict financial distress on manufacture company in Indonesia and Malaysia. Samples of the research were manufacture companies listed in Indonesia Stock Exchange and Malaysia Stock Exchange in 2015-2017. This research regarded secondary data which were collected using purposive sampling technique including 234 samples in Indonesia and 255 samples in Malaysia. SPSS version 21 was employed as data analysis tool. The results of the research showed that activity and sales growth had no effect on the prediction of financial distress, while intellectual capital had significantly negative e