I Synergy Group (ASX:IS3) Altman Z2-Score: -82.15 (As of Jun. 29, 2026)


ASX:IS3 I Synergy Group Ltd ASX:IS3
42 GF Score
Price A$0.26
GF Value A$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
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What is I Synergy Group Altman Z2-Score?

I Synergy Group ASX:IS3 42 Altman Z2-Score is -82.15 as of Jun. 29, 2026. GuruFocus rates ASX:IS3 with a GF Score™ of 42/100 and a GF Value™ of A$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,022 Media - Diversified companies, I Synergy Group ranks worse than 97.26% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Warning Sign:

I Synergy Group has a Altman Z2-Score of -82.15, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for I Synergy Group's Altman Z2-Score or its related term are showing as below:

ASX:IS3' s Altman Z2-Score Range Over the Past 10 Years
Min: -205.85   Med: -9.43   Max: 5.07
Current: -82.15

During the past 9 years, I Synergy Group's highest Altman Z2-Score was 5.07. The lowest was -205.85. And the median was -9.43.


I Synergy Group  (ASX:IS3) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


I Synergy Group Altman Z2-Score Related Terms


I Synergy Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for I Synergy Group's Altman Z2-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.

I Synergy Group Altman Z2-Score Chart

I Synergy Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only -9.43 -33.39 -57.80 -205.85 -82.15

I Synergy Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-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 -57.80 0.00 -205.85 0.00 -82.15

ASX:IS3 vs APP, OMC, TTD: Altman Z2-Score Comparison

For the Advertising Agencies subindustry, I Synergy Group's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


I Synergy Group Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, I Synergy Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where I Synergy Group's Altman Z2-Score falls into.


ASX:IS3
42GF Score
I Synergy Group Ltd ASX:IS3
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I Synergy Group Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

I Synergy Group's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-1.375+3.26*-21.5237+6.72*-0.3449+1.05*-0.6132
=-82.15

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was A$0.63 Mil.
Total Current Assets was A$0.62 Mil.
Total Current Liabilities was A$1.49 Mil.
Retained Earnings was A$-13.60 Mil.
Pre-Tax Income was A$-0.43 Mil.
Interest Expense was A$-0.21 Mil.
Total Liabilities was A$1.63 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
=(0.622 - 1.491)/0.632
=-1.375

X2=Retained Earnings/Total Assets
=-13.603/0.632
=-21.5237

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.431 - -0.213)/0.632
=-0.3449

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-1.002 - 0)/1.634
=-0.6132

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

I Synergy Group has a Altman Z2-Score of -82.15 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -82.15 mean?
I Synergy Group (ASX:IS3) has a Altman Z2-Score of -82.15 as of Jun. 29, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on I Synergy Group and its competitors. According to the industry distribution chart, I Synergy Group ranks #994 out of 1022 companies in the Media - Diversified industry, placing it in the top 97.3%.
Is I Synergy Group's Altman Z2-Score too high?
I Synergy Group's current Altman Z2-Score is -82.15. Based on the distribution chart, I Synergy Group ranks #994 out of 1022 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, I Synergy Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I Synergy Group's Altman Z2-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, I Synergy Group ranks #994 out of 1022 companies for Altman Z2-Score. This places I Synergy Group in the lower half of its industry. The industry median Altman Z2-Score is 2.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.50, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on I Synergy Group and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I Synergy Group's current Altman Z2-Score is -82.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I Synergy Group stock overvalued right now?
Based on GuruFocus' analysis, I Synergy Group (ASX:IS3) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.26 — trading 766.7% above its estimated fair value. The current Altman Z2-Score is -82.15. I Synergy Group's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For I Synergy Group (ASX:IS3), the current Altman Z2-Score is -82.15 as of Jun. 29, 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 I Synergy Group (ASX:IS3) Overvalued in 2026?

Based on GuruFocus' analysis, I Synergy Group stock appears to be overvalued. The current stock price of A$0.26 is trading 766.7% above its estimated GF Value™ of A$0.03. GuruFocus considers I Synergy Group to be Significantly Overvalued.

Key valuation signals for ASX:IS3:

  • Altman Z2-Score: -82.15
  • GF Value™: A$0.03 vs. price of A$0.26 (766.7% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the ASX:IS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I Synergy Group Business Description

Address 24-26 Kent Street, Millers Point, Sydney, NSW, AUS, 2000
I Synergy Group Ltd is an investment holding company. Through its subsidiaries, it provides affiliate marketing solutions to advertisers and affiliates. The company operates Affiliate Junction, an affiliate marketing platform that offers performance-based marketing solutions, as well as access to various affiliate programs. Its geographical segments are Malaysia, Australia, British Virgin Islands, and Indonesia, of which the majority of its revenue comes from Malaysia.
42GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.26
Price
A$0.03
GF Value