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Upbest GroupHKSE:00335 52 Altman Z2-Score is 14.07 as of Aug. 28, 2026, which is 7% above its 10-year median of 13.09. GuruFocus rates HKSE:00335 with a GF Score™ of 52/100 and a GF Value™ of HK$0.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 470 Capital Markets companies, Upbest Group ranks better than 90.21% 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:
Upbest Group has a Altman Z2-Score of 14.07, 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 Upbest Group's Altman Z2-Score or its related term are showing as below:
HKSE:00335'
s Altman Z2-Score Range Over the Past 10 Years
Min: 6.39 Med: 13.09 Max: 14.91
Current: 14.07
During the past 13 years, Upbest Group's highest Altman Z2-Score was 14.91. The lowest was 6.39. And the median was 13.09.
Upbest Group (HKSE:00335) 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.
Altman Z2-Score does not apply to financial companies.
Upbest Group Altman Z2-Score Related Terms
Upbest Group Altman Z2-Score Historical Data
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The historical data trend for Upbest 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.
HKSE:00335 vs MS, GS, SCHW: Altman Z2-Score Comparison
For the Capital Markets subindustry, Upbest 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.
Upbest Group Altman Z2-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Upbest Group's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Upbest Group's Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Upbest 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
*
0.1811
+
3.26
*
0.7718
+
6.72
*
0.0318
+
1.05
*
9.6734
=
14.07
* 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.
Upbest Group (HKSE:00335) has a Altman Z2-Score of 14.07 as of Aug. 28, 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 Upbest Group and its competitors. This is near median its historical median of 13.09. Over the past decade, Upbest Group's Altman Z2-Score has ranged from 6.39 to 14.91. According to the industry distribution chart, Upbest Group ranks #46 out of 470 companies in the Capital Markets industry, placing it in the top 9.8%.
Is Upbest Group's Altman Z2-Score too high?
Upbest Group's current Altman Z2-Score of 14.07 is near median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 14.91. The Capital Markets industry median Altman Z2-Score is 2.82. Upbest Group's value of 14.07 is 399.8% above this industry median. Based on the distribution chart, Upbest Group ranks #46 out of 470 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Upbest Group has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Upbest Group's Altman Z2-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Upbest Group ranks #46 out of 470 companies for Altman Z2-Score. This places Upbest Group in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.82. Upbest Group's value of 14.07 is 399.8% above this benchmark. Historically, Upbest Group's own Altman Z2-Score has ranged from 6.39 to 14.91 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 2.82, Upbest Group 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 Capital Markets company?
The median Altman Z2-Score among Capital Markets companies is 2.82, based on 470 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. Upbest Group's current Altman Z2-Score of 14.07 is 399.8% 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 Upbest Group and its competitors. For the Capital Markets industry, the median Altman Z2-Score is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upbest Group's current Altman Z2-Score is 14.07, which is near median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upbest Group stock overvalued right now?
Based on GuruFocus' analysis, Upbest Group (HKSE:00335) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.50, compared to a current price of HK$0.67 — trading 34% above its estimated fair value. The current Altman Z2-Score is 14.07, which is near median its 10-year median of 13.09 and 399.8% above the Capital Markets industry median of 2.82. Upbest Group's overall GF Score™ is 52/100 with 6 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 Upbest Group (HKSE:00335), the current Altman Z2-Score is 14.07 as of Aug. 28, 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 Upbest Group (HKSE:00335) Overvalued in 2026?
Based on GuruFocus' analysis, Upbest Group stock appears to be overvalued.
The current stock price of HK$0.67 is trading 34% above its estimated GF Value™ of HK$0.50.
GuruFocus considers Upbest Group to be Significantly Overvalued.
Key valuation signals for HKSE:00335:
Altman Z2-Score: 14.07 (near median its 10-year median of 13.09)
GF Value™: HK$0.50 vs. price of HK$0.67 (34% above fair value)
Industry Position: 399.8% above the Capital Markets median (#46 of 470)
No single metric tells the full story. See the HKSE:00335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Upbest Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in securities broking, futures broking, securities margin financing, money lending, corporate finance advisory, assets management, precious metal trading, and property investment. The company's operating segment includes Broking, Financing, Corporate Finance, Assets Management, Properties Investment, and Precious Metal Trading. The maximum revenue for the company is generated from its Financing segment which represents its securities margin financing and money lending business. Geographically, the company derives its key revenue from Hong Kong and the rest from Macau and the People's Republic of China.
52GF Score
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