Jack Chia Industries (Thailand) PCL (BKK:JCT) Altman Z2-Score: 13.57 (As of Jul. 15, 2026) — 17% Above Median

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BKK:JCT Jack Chia Industries (Thailand) PCL BKK:JCT
68 GF Score
Price ฿81.75
GF Value ฿86.83
Valuation Fairly Valued
! 1 Warning Sign
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What is Jack Chia Industries (Thailand) PCL Altman Z2-Score?

Jack Chia Industries (Thailand) PCL BKK:JCT -1.51% 68 Altman Z2-Score is 13.57 as of Jul. 15, 2026, which is 17% above its 10-year median of 11.59. GuruFocus rates BKK:JCT with a GF Score™ of 68/100 and a GF Value™ of ฿86.83 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,967 Consumer Packaged Goods companies, Jack Chia Industries (Thailand) PCL ranks better than 94.76% 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.

Good Sign:

Jack Chia Industries (Thailand) PCL has a Altman Z2-Score of 13.57, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

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 Jack Chia Industries (Thailand) PCL's Altman Z2-Score or its related term are showing as below:

BKK:JCT' s Altman Z2-Score Range Over the Past 10 Years
Min: 8.42   Med: 11.59   Max: 13.63
Current: 13.57

During the past 13 years, Jack Chia Industries (Thailand) PCL's highest Altman Z2-Score was 13.63. The lowest was 8.42. And the median was 11.59.


Jack Chia Industries (Thailand) PCL  (BKK:JCT) 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.


Jack Chia Industries (Thailand) PCL Altman Z2-Score Related Terms


Jack Chia Industries (Thailand) PCL Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Jack Chia Industries (Thailand) PCL'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.

Jack Chia Industries (Thailand) PCL Altman Z2-Score Chart

Jack Chia Industries (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 9.20 10.91 12.77 13.06

Jack Chia Industries (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 12.44 13.63 13.48 13.06 13.57

BKK:JCT vs PG, CL, KVUE: Altman Z2-Score Comparison

For the Household & Personal Products subindustry, Jack Chia Industries (Thailand) PCL'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.


Jack Chia Industries (Thailand) PCL Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jack Chia Industries (Thailand) PCL's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Jack Chia Industries (Thailand) PCL's Altman Z2-Score falls into.


BKK:JCT
68GF Score
Jack Chia Industries (Thailand) PCL BKK:JCT
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jack Chia Industries (Thailand) PCL 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.

Jack Chia Industries (Thailand) PCL'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*0.5315+3.26*0.4891+6.72*0.0837+1.05*7.5459
=13.57

* 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 Mar. 2026:
Total Assets was ฿1,678.3 Mil.
Total Current Assets was ฿979.7 Mil.
Total Current Liabilities was ฿87.6 Mil.
Retained Earnings was ฿820.8 Mil.
Pre-Tax Income was 51.045 + 23.995 + 31.369 + 33.332 = ฿139.7 Mil.
Interest Expense was -0.16 + -0.195 + -0.194 + -0.196 = ฿-0.7 Mil.
Total Liabilities was ฿196.4 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
=(979.682 - 87.625)/1678.256
=0.5315

X2=Retained Earnings/Total Assets
=820.769/1678.256
=0.4891

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(139.741 - -0.745)/1678.256
=0.0837

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1481.875 - 0)/196.381
=7.5459

The zones of discrimination were as such:

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

Jack Chia Industries (Thailand) PCL has a Altman Z2-Score of 13.57 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 13.57 mean?
Jack Chia Industries (Thailand) PCL (BKK:JCT) has a Altman Z2-Score of 13.57 as of Jul. 15, 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 Jack Chia Industries (Thailand) PCL and its competitors. This is 17% above median its historical median of 11.59. Over the past decade, Jack Chia Industries (Thailand) PCL's Altman Z2-Score has ranged from 8.42 to 13.63. According to the industry distribution chart, Jack Chia Industries (Thailand) PCL ranks #103 out of 1967 companies in the Consumer Packaged Goods industry, placing it in the top 5.2%.
Is Jack Chia Industries (Thailand) PCL's Altman Z2-Score too high?
Jack Chia Industries (Thailand) PCL's current Altman Z2-Score of 13.57 is 17% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 13.63. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Jack Chia Industries (Thailand) PCL's value of 13.57 is 263.8% above this industry median. Based on the distribution chart, Jack Chia Industries (Thailand) PCL ranks #103 out of 1967 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Jack Chia Industries (Thailand) PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jack Chia Industries (Thailand) PCL's Altman Z2-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Jack Chia Industries (Thailand) PCL ranks #103 out of 1967 companies for Altman Z2-Score. This places Jack Chia Industries (Thailand) PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Jack Chia Industries (Thailand) PCL's value of 13.57 is 263.8% above this benchmark. Historically, Jack Chia Industries (Thailand) PCL's own Altman Z2-Score has ranged from 8.42 to 13.63 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 3.73, Jack Chia Industries (Thailand) PCL 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 Z2-Score for a Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,967 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. Jack Chia Industries (Thailand) PCL's current Altman Z2-Score of 13.57 is 263.8% 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 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 Jack Chia Industries (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jack Chia Industries (Thailand) PCL's current Altman Z2-Score is 13.57, which is 17% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack Chia Industries (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Jack Chia Industries (Thailand) PCL (BKK:JCT) is currently considered Fairly Valued. The stock's GF Value™ is ฿86.83, compared to a current price of ฿81.75 — trading 5.9% below its estimated fair value. The current Altman Z2-Score is 13.57, which is 17% above median its 10-year median of 11.59 and 263.8% above the Consumer Packaged Goods industry median of 3.73. Jack Chia Industries (Thailand) PCL's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Jack Chia Industries (Thailand) PCL (BKK:JCT), the current Altman Z2-Score is 13.57 as of Jul. 15, 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 Jack Chia Industries (Thailand) PCL (BKK:JCT) Overvalued in 2026?

Based on GuruFocus' analysis, Jack Chia Industries (Thailand) PCL stock appears to be undervalued. The current stock price of ฿81.75 is trading 5.9% below its estimated GF Value™ of ฿86.83. GuruFocus considers Jack Chia Industries (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:JCT:

  • Altman Z2-Score: 13.57 (17% above median its 10-year median of 11.59)
  • GF Value™: ฿86.83 vs. price of ฿81.75 (5.9% below fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 263.8% above the Consumer Packaged Goods median (#103 of 1967)

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


Jack Chia Industries (Thailand) PCL Business Description

Address 144/1-2 Sri Bamphen Road, Chong Nonsi, Yannawa, Bangkok, THA, 10520
Jack Chia Industries (Thailand) PCL is engaged in the manufacture and distribution of pharmaceutical and cosmetic products. The company and its subsidiaries operate through two segments, which include pharmaceutical products and Consumer products. The Pharmaceutical Products segment is involved in the manufacture and distribution of pharmaceutical products. Consumer product segments consist of the manufacturing and distribution of other consumer products. The majority of its revenue is generated from the Consumer Products segment. It operates geographically in Thailand and sells its products to both domestic and overseas markets.
68GF Score

Get the complete analysis for BKK:JCT

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

฿81.75
Price
฿86.83
GF Value