IkeGPS GroupASX:IKE -1.42%58 Altman Z-Score is 2.86 as of Jul. 01, 2026, which is 3% below its 10-year median of 2.94. GuruFocus rates ASX:IKE with a GF Score™ of 58/100 and a GF Value™ of A$0.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,457 Hardware companies, IkeGPS Group ranks worse than 58.4% 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 3.01 is strong.
IkeGPS Group has a Altman Z-Score of 2.86, indicating it is in Grey Zones. This implies that IkeGPS Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 IkeGPS Group's Altman Z-Score or its related term are showing as below:
ASX:IKE'
s Altman Z-Score Range Over the Past 10 Years
Min: -2.62 Med: 2.94 Max: 8.26
Current: 3.01
During the past 12 years, IkeGPS Group's highest Altman Z-Score was 8.26. The lowest was -2.62. And the median was 2.94.
IkeGPS Group (ASX:IKE) 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.
Altman Z-Score does not apply to financial companies.
IkeGPS Group Altman Z-Score Related Terms
IkeGPS Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for IkeGPS Group'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.
ASX:IKE vs COHR, KEYS, GRMN: Altman Z-Score Comparison
For the Scientific & Technical Instruments subindustry, IkeGPS Group'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.
IkeGPS Group Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, IkeGPS Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where IkeGPS Group's Altman Z-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.
IkeGPS Group'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
*
0.2349
+
1.4
*
-2.2193
+
3.3
*
-0.146
+
0.6
*
9.4121
+
1.0
*
0.5176
=
2.86
* 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.
IkeGPS Group (ASX:IKE) has a Altman Z-Score of 2.86 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on IkeGPS Group and its competitors. This is near median its historical median of 2.94. According to the industry distribution chart, IkeGPS Group ranks #1435 out of 2457 companies in the Hardware industry, placing it in the top 58.4%.
Is IkeGPS Group's Altman Z-Score too high?
IkeGPS Group's current Altman Z-Score of 2.86 is near median its 10-year median of 2.94. The Hardware industry median Altman Z-Score is 3.60. IkeGPS Group's value of 2.86 is 20.6% below this industry median. Based on the distribution chart, IkeGPS Group ranks #1435 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, IkeGPS Group has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IkeGPS Group's Altman Z-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, IkeGPS Group ranks #1435 out of 2457 companies for Altman Z-Score. This places IkeGPS Group in the lower half of its industry. The industry median Altman Z-Score is 3.60. IkeGPS Group's value of 2.86 is 20.6% below this benchmark. While the company's 10-year median is 2.94 vs. the industry median of 3.60, IkeGPS Group has consistently been below 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,457 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. IkeGPS Group's current Altman Z-Score of 2.86 is 20.6% below 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 IkeGPS Group and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IkeGPS Group's current Altman Z-Score is 2.86, which is near median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IkeGPS Group stock overvalued right now?
Based on GuruFocus' analysis, IkeGPS Group (ASX:IKE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.55, compared to a current price of A$1.04 — trading 89.1% above its estimated fair value. The current Altman Z-Score is 2.86, which is near median its 10-year median of 2.94 and 20.6% below the Hardware industry median of 3.60. IkeGPS Group's overall GF Score™ is 58/100 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 IkeGPS Group (ASX:IKE), the current Altman Z-Score is 2.86 as of Jul. 01, 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 IkeGPS Group (ASX:IKE) Overvalued in 2026?
Based on GuruFocus' analysis, IkeGPS Group stock appears to be overvalued.
The current stock price of A$1.04 is trading 89.1% above its estimated GF Value™ of A$0.55.
GuruFocus considers IkeGPS Group to be Significantly Overvalued.
Key valuation signals for ASX:IKE:
Altman Z-Score: 2.86 (near median its 10-year median of 2.94)
GF Value™: A$0.55 vs. price of A$1.04 (89.1% above fair value)
Industry Position: 20.6% below the Hardware median (#1435 of 2457)
No single metric tells the full story. See the ASX:IKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IkeGPS Group Ltd is engaged in designing and delivering a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies. Its segments include Platform Transactions, Platform Subscriptions, and Hardware and other services. The company generates the majority of its revenue from Platform Subscriptions, which includes: 1. the IKE Platform solution, where customers use the functionality of IKE Office, and if applicable, the IKE Device; 2. pole loading software licences and ongoing subscriptions for maintenance and support. Geographically, revenue is substantially generated in the United States of America.
58GF Score
Get the complete analysis for ASX:IKE
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:IKE has been successfully added to your 
