Datapulse Technology (SGX:BKW) Altman Z2-Score: 87.04 (As of Aug. 14, 2026) — 285% Above Median

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SGX:BKW Datapulse Technology Ltd SGX:BKW
46 GF Score
Price S$0.15
GF Value S$0.13
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Datapulse Technology Altman Z2-Score?

Datapulse Technology SGX:BKW 46 Altman Z2-Score is 87.04 as of Aug. 14, 2026, which is 285% above its 10-year median of 22.60. GuruFocus rates SGX:BKW with a GF Score™ of 46/100 and a GF Value™ of S$0.13 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 822 Travel & Leisure companies, Datapulse Technology ranks better than 98.91% 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:

Datapulse Technology has a Altman Z2-Score of 87.04, 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 Datapulse Technology's Altman Z2-Score or its related term are showing as below:

SGX:BKW' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.83   Med: 22.6   Max: 87.04
Current: 87.04

During the past 13 years, Datapulse Technology's highest Altman Z2-Score was 87.04. The lowest was 4.83. And the median was 22.60.


Datapulse Technology  (SGX:BKW) 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.


Datapulse Technology Altman Z2-Score Related Terms


Datapulse Technology Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Datapulse Technology'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.

Datapulse Technology Altman Z2-Score Chart

Datapulse Technology Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 20.98 24.21 37.52 87.04

Datapulse Technology Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 37.52 0.00 87.04 0.00

SGX:BKW vs MAR, HLT, H: Altman Z2-Score Comparison

For the Lodging subindustry, Datapulse Technology'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.


Datapulse Technology Altman Z2-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Datapulse Technology's Altman Z2-Score distribution charts can be found below:

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


SGX:BKW
46GF Score
Datapulse Technology Ltd SGX:BKW
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Datapulse Technology 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.

Datapulse Technology'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*0.2239+3.26*0.581+6.72*0.0129+1.05*79.6138
=87.04

* 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 Jul. 2025:
Total Assets was S$63.04 Mil.
Total Current Assets was S$14.90 Mil.
Total Current Liabilities was S$0.78 Mil.
Retained Earnings was S$36.63 Mil.
Pre-Tax Income was S$0.80 Mil.
Interest Expense was S$-0.02 Mil.
Total Liabilities was S$0.78 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
=(14.896 - 0.782)/63.04
=0.2239

X2=Retained Earnings/Total Assets
=36.625/63.04
=0.581

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.797 - -0.015)/63.04
=0.0129

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(62.258 - 0)/0.782
=79.6138

The zones of discrimination were as such:

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

Datapulse Technology has a Altman Z2-Score of 87.04 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 87.04 mean?
Datapulse Technology (SGX:BKW) has a Altman Z2-Score of 87.04 as of Aug. 14, 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 Datapulse Technology and its competitors. This is 285% above median its historical median of 22.60. Over the past decade, Datapulse Technology's Altman Z2-Score has ranged from 4.83 to 87.04. According to the industry distribution chart, Datapulse Technology ranks #9 out of 822 companies in the Travel & Leisure industry, placing it in the top 1.1%.
Is Datapulse Technology's Altman Z2-Score too high?
Datapulse Technology's current Altman Z2-Score of 87.04 is 285% above median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 87.04. The Travel & Leisure industry median Altman Z2-Score is 2.46. Datapulse Technology's value of 87.04 is 3445.4% above this industry median. Based on the distribution chart, Datapulse Technology ranks #9 out of 822 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Datapulse Technology has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Datapulse Technology's Altman Z2-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Datapulse Technology ranks #9 out of 822 companies for Altman Z2-Score. This places Datapulse Technology in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.46. Datapulse Technology's value of 87.04 is 3445.4% above this benchmark. Historically, Datapulse Technology's own Altman Z2-Score has ranged from 4.83 to 87.04 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 2.46, Datapulse Technology 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 Travel & Leisure company?
The median Altman Z2-Score among Travel & Leisure companies is 2.46, based on 822 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. Datapulse Technology's current Altman Z2-Score of 87.04 is 3445.4% 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 Datapulse Technology and its competitors. For the Travel & Leisure industry, the median Altman Z2-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Datapulse Technology's current Altman Z2-Score is 87.04, which is 285% above median its own 10-year median of 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Datapulse Technology stock overvalued right now?
Based on GuruFocus' analysis, Datapulse Technology (SGX:BKW) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.15 — trading 16.9% above its estimated fair value. The current Altman Z2-Score is 87.04, which is 285% above median its 10-year median of 22.60 and 3445.4% above the Travel & Leisure industry median of 2.46. Datapulse Technology's overall GF Score™ is 46/100 with 3 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 Datapulse Technology (SGX:BKW), the current Altman Z2-Score is 87.04 as of Aug. 14, 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 Datapulse Technology (SGX:BKW) Overvalued in 2026?

Based on GuruFocus' analysis, Datapulse Technology stock appears to be overvalued. The current stock price of S$0.15 is trading 16.9% above its estimated GF Value™ of S$0.13. GuruFocus considers Datapulse Technology to be Modestly Overvalued.

Key valuation signals for SGX:BKW:

  • Altman Z2-Score: 87.04 (285% above median its 10-year median of 22.60)
  • GF Value™: S$0.13 vs. price of S$0.15 (16.9% above fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 3445.4% above the Travel & Leisure median (#9 of 822)

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


Datapulse Technology Business Description

Address 190 Middle Road, No. 14-01 Fortune Centre, Singapore, SGP, 188979
Datapulse Technology Ltd is an investment holding company. Through its subsidiaries, it is principally engaged in the hotel and hospitality property investment business. The reportable operating segments are as follows: i. The Investments Holding segment relates to the holding of long-term investments. ii. The Investments segment relates to the trading in short-term investments. iii. The Asset Management segment relates to the provision of asset management services to the Group's hospitality assets. iv. The Hotel segment relates to hotel operations. The company generates the majority of its revenue from the Hotel operations segment.
46GF Score

Get the complete analysis for SGX:BKW

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

S$0.15
Price
S$0.13
GF Value