LNKS (Linkers Industries) Altman Z2-Score: 8.05 (As of Jun. 30, 2026) — 37% Above Median


LNKS Linkers Industries Ltd LNKS
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What is Linkers Industries Altman Z2-Score?

Linkers Industries LNKS -6.99% 14 Altman Z2-Score is 8.05 as of Jun. 30, 2026, which is 37% above its 10-year median of 5.87. GuruFocus rates LNKS with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 3,037 Industrial Products companies, Linkers Industries ranks better than 82.25% 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:

Linkers Industries has a Altman Z2-Score of 8.05, 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 Linkers Industries's Altman Z2-Score or its related term are showing as below:

LNKS' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.32   Med: 5.87   Max: 8.05
Current: 8.05

During the past 4 years, Linkers Industries's highest Altman Z2-Score was 8.05. The lowest was 4.32. And the median was 5.87.


Linkers Industries  (NAS:LNKS) 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.


Linkers Industries Altman Z2-Score Related Terms


Linkers Industries Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Linkers Industries'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.

Linkers Industries Altman Z2-Score Chart

Linkers Industries Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
6.22 5.52 4.32 8.05

Linkers Industries Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial 0.00 4.32 0.00 8.05 0.00

LNKS vs RAYA, CCTG, ELPW: Altman Z2-Score Comparison

For the Electrical Equipment & Parts subindustry, Linkers Industries'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.


Linkers Industries Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Linkers Industries's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Linkers Industries's Altman Z2-Score falls into.


LNKS
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Linkers Industries Ltd LNKS
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Linkers Industries 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.

Linkers Industries'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*0.7255+3.26*-0.0029+6.72*-0.0974+1.05*3.7691
=8.05

* 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 Jun. 2025:
Total Assets was $11.42 Mil.
Total Current Assets was $10.52 Mil.
Total Current Liabilities was $2.23 Mil.
Retained Earnings was $-0.03 Mil.
Pre-Tax Income was $-1.15 Mil.
Interest Expense was $-0.04 Mil.
Total Liabilities was $2.40 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
=(10.518 - 2.231)/11.422
=0.7255

X2=Retained Earnings/Total Assets
=-0.033/11.422
=-0.0029

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.153 - -0.041)/11.422
=-0.0974

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(9.027 - 0)/2.395
=3.7691

The zones of discrimination were as such:

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

Linkers Industries has a Altman Z2-Score of 8.05 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 8.05 mean?
Linkers Industries (LNKS) has a Altman Z2-Score of 8.05 as of Jun. 30, 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 Linkers Industries and its competitors. This is 37% above median its historical median of 5.87. Over the past decade, Linkers Industries' Altman Z2-Score has ranged from 4.32 to 8.05. According to the industry distribution chart, Linkers Industries ranks #539 out of 3037 companies in the Industrial Products industry, placing it in the top 17.7%.
Is Linkers Industries' Altman Z2-Score too high?
Linkers Industries' current Altman Z2-Score of 8.05 is 37% above median its 10-year median of 5.87. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 8.05. The Industrial Products industry median Altman Z2-Score is 4.28. Linkers Industries' value of 8.05 is 88.1% above this industry median. Based on the distribution chart, Linkers Industries ranks #539 out of 3037 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Linkers Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Linkers Industries' Altman Z2-Score compare to RAYA and CCTG?
According to the Industrial Products industry distribution chart, Linkers Industries ranks #539 out of 3037 companies for Altman Z2-Score. This places Linkers Industries in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Linkers Industries' value of 8.05 is 88.1% above this benchmark. Historically, Linkers Industries' own Altman Z2-Score has ranged from 4.32 to 8.05 over the past decade. While the company's 10-year median is 5.87 vs. the industry median of 4.28, Linkers Industries 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 an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,037 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. Linkers Industries's current Altman Z2-Score of 8.05 is 88.1% 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 Linkers Industries and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linkers Industries's current Altman Z2-Score is 8.05, which is 37% above median its own 10-year median of 5.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkers Industries stock overvalued right now?
Linkers Industries (LNKS) has a current Altman Z2-Score of 8.05. The current Altman Z2-Score is 8.05, which is 37% above median its 10-year median of 5.87 and 88.1% above the Industrial Products industry median of 4.28. Linkers Industries' overall GF Score™ is 14/100 with 2 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 Linkers Industries (LNKS), the current Altman Z2-Score is 8.05 as of Jun. 30, 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.

Linkers Industries Business Description

Address Jalan 2A-3, Jalan 2A, Lot A99, A101 and A102, Kawasan Perusahaan MIEL, Sungai Lalang, Sungai Petani, KDH, MYS, 08000
Linkers Industries Ltd is a company that acts as both a manufacturer and supplier of wire and cable harnesses (an assembly of wires/cables bound together with straps, cable ties, and electrical tape to transmit signals or electrical power), with its manufacturing operations based in Malaysia. Its customers are mainly manufacturers and original equipment manufacturers (OEMs) in the home appliances, industrial products, and automotive industries that are mainly based in the Asia Pacific Region. The company works closely with customers in each stage of a product's life cycle, including design, prototyping, and production. Geographically, it generates maximum revenue from Thailand, followed by Malaysia, Switzerland, the United States of America, and other regions.
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