ADVNF (Advance ZincTek) Altman Z-Score: 14.30 (As of Jun. 29, 2026) — Near Median


ADVNF Advance ZincTek Ltd ADVNF
27 GF Score
Price $0.53
GF Value $0.67
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Advance ZincTek Altman Z-Score?

Advance ZincTek ADVNF 27 Altman Z-Score is 14.30 as of Jun. 29, 2026, which is 8% below its 10-year median of 15.49. GuruFocus rates ADVNF with a GF Score™ of 27/100 and a GF Value™ of $0.67 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,568 Chemicals companies, Advance ZincTek ranks better than 90.37% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 13.52 is strong.

Advance ZincTek has a Altman Z-Score of 14.30, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Advance ZincTek's Altman Z-Score or its related term are showing as below:

ADVNF' s Altman Z-Score Range Over the Past 10 Years
Min: -4.11   Med: 15.49   Max: 159.6
Current: 13.52

During the past 13 years, Advance ZincTek's highest Altman Z-Score was 159.60. The lowest was -4.11. And the median was 15.49.


Advance ZincTek  (OTCPK:ADVNF) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Advance ZincTek Altman Z-Score Related Terms


Advance ZincTek Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Advance ZincTek's Altman Z-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.

Advance ZincTek Altman Z-Score Chart

Advance ZincTek Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.26 23.21 17.89 7.91 13.09

Advance ZincTek Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-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 7.91 0.00 13.09 0.00

ADVNF vs DOW: Altman Z-Score Comparison

For the Chemicals subindustry, Advance ZincTek's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Advance ZincTek Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advance ZincTek's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Advance ZincTek's Altman Z-Score falls into.


ADVNF
27GF Score
Advance ZincTek Ltd ADVNF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance ZincTek Altman Z-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.

Advance ZincTek's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.3999+1.4*-0.4996+3.3*0.0547+0.6*23.3928+1.0*0.3059
=14.30

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was $24.77 Mil.
Total Current Assets was $10.69 Mil.
Total Current Liabilities was $0.79 Mil.
Retained Earnings was $-12.37 Mil.
Pre-Tax Income was $1.32 Mil.
Interest Expense was $-0.04 Mil.
Revenue was $7.58 Mil.
Market Cap (Today) was $34.60 Mil.
Total Liabilities was $1.48 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
=(10.691 - 0.786)/24.766
=0.3999

X2=Retained Earnings/Total Assets
=-12.372/24.766
=-0.4996

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.318 - -0.037)/24.766
=0.0547

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=34.598/1.479
=23.3928

X5=Revenue/Total Assets
=7.577/24.766
=0.3059

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Advance ZincTek has a Altman Z-Score of 14.30 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 14.30 mean?
Advance ZincTek (ADVNF) has a Altman Z-Score of 14.30 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advance ZincTek and its competitors. This is near median its historical median of 15.49. According to the industry distribution chart, Advance ZincTek ranks #151 out of 1568 companies in the Chemicals industry, placing it in the top 9.6%.
Is Advance ZincTek's Altman Z-Score too high?
Advance ZincTek's current Altman Z-Score of 14.30 is near median its 10-year median of 15.49. The Chemicals industry median Altman Z-Score is 3.13. Advance ZincTek's value of 14.30 is 357.6% above this industry median. Based on the distribution chart, Advance ZincTek ranks #151 out of 1568 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Advance ZincTek has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advance ZincTek's Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Advance ZincTek ranks #151 out of 1568 companies for Altman Z-Score. This places Advance ZincTek in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.13. Advance ZincTek's value of 14.30 is 357.6% above this benchmark. While the company's 10-year median is 15.49 vs. the industry median of 3.13, Advance ZincTek 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 Z-Score for a Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.13, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advance ZincTek's current Altman Z-Score of 14.30 is 357.6% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advance ZincTek and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance ZincTek's current Altman Z-Score is 14.30, which is near median its own 10-year median of 15.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance ZincTek stock overvalued right now?
Based on GuruFocus' analysis, Advance ZincTek (ADVNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.67, compared to a current price of $0.53 — trading 20.9% below its estimated fair value. The current Altman Z-Score is 14.30, which is near median its 10-year median of 15.49 and 357.6% above the Chemicals industry median of 3.13. Advance ZincTek's overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Advance ZincTek (ADVNF), the current Altman Z-Score is 14.30 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 Advance ZincTek (ADVNF) Overvalued in 2026?

Based on GuruFocus' analysis, Advance ZincTek stock appears to be undervalued. The current stock price of $0.53 is trading 20.9% below its estimated GF Value™ of $0.67. GuruFocus considers Advance ZincTek to be Modestly Undervalued.

Key valuation signals for ADVNF:

  • Altman Z-Score: 14.30 (near median its 10-year median of 15.49)
  • GF Value™: $0.67 vs. price of $0.53 (20.9% below fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 357.6% above the Chemicals median (#151 of 1568)

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


Advance ZincTek Business Description

Other Exchanges BBJ:GermanyANO:Australia
Address 1821, Ipswich Road, Rocklea, Brisbane, QLD, AUS, 4106
Advance ZincTek Ltd is engaged in the manufacture of aluminium oxide powder (Alusion), zinc oxide dispersions, and zinc oxide powder (collectively ZinClear) for the Personal Care Sector. The company operates in a single segment which is the Personal Care segment which produces and distributes dispersions of mineral-only UV filters in cosmetic emollients used for sunscreen, skincare and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. Geographically, the company derives maximum revenue from United States of America and Canada, Australia, and the Rest of the world.
27GF Score

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

$0.53
Price
$0.67
GF Value