BGRIMM MTC Technology Co (BJSE:920160) Altman Z-Score: 14.54 (As of Sep. 08, 2026) — 27% Below Median

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BJSE:920160 BGRIMM MTC Technology Co Ltd BJSE:920160
44 GF Score
Price ¥19.61
! 3 Warning Signs
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What is BGRIMM MTC Technology Co Altman Z-Score?

BGRIMM MTC Technology Co BJSE:920160 44 Altman Z-Score is 14.54 as of Sep. 08, 2026, which is 27% below its 10-year median of 19.79. GuruFocus rates BJSE:920160 with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 2,452 Hardware companies, BGRIMM MTC Technology Co ranks better than 92.66% 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 14.76 is strong.

BGRIMM MTC Technology Co has a Altman Z-Score of 14.54, 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 BGRIMM MTC Technology Co's Altman Z-Score or its related term are showing as below:

BJSE:920160' s Altman Z-Score Range Over the Past 10 Years
Min: 14.76   Med: 19.79   Max: 24.73
Current: 14.76

During the past 6 years, BGRIMM MTC Technology Co's highest Altman Z-Score was 24.73. The lowest was 14.76. And the median was 19.79.


BGRIMM MTC Technology Co  (BJSE:920160) 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.


BGRIMM MTC Technology Co Altman Z-Score Related Terms


BGRIMM MTC Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for BGRIMM MTC Technology Co'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.

BGRIMM MTC Technology Co Altman Z-Score Chart

BGRIMM MTC Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 24.73

BGRIMM MTC Technology Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
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 0.00 0.00 24.73 19.79 14.84

BJSE:920160 vs GRMN, COHR, KEYS: Altman Z-Score Comparison

For the Scientific & Technical Instruments subindustry, BGRIMM MTC Technology Co'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.


BGRIMM MTC Technology Co Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, BGRIMM MTC Technology Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where BGRIMM MTC Technology Co's Altman Z-Score falls into.


BJSE:920160
44GF Score
BGRIMM MTC Technology Co Ltd BJSE:920160
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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BGRIMM MTC Technology Co 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.

BGRIMM MTC Technology Co'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*0.6885+1.4*0.2278+3.3*0.1149+0.6*21.336+1.0*0.2169
=14.54

* 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. 2026:
Total Assets was ¥656.68 Mil.
Total Current Assets was ¥511.52 Mil.
Total Current Liabilities was ¥59.38 Mil.
Retained Earnings was ¥149.60 Mil.
Pre-Tax Income was 23.39 + 30.508 + 0 + 20.408 = ¥74.31 Mil.
Interest Expense was -0.688 + -0.358 + 0 + -0.085 = ¥-1.13 Mil.
Revenue was 46.691 + 51.523 + 0 + 44.229 = ¥142.44 Mil.
Market Cap (Today) was ¥2,221.42 Mil.
Total Liabilities was ¥104.12 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
=(511.52 - 59.381)/656.676
=0.6885

X2=Retained Earnings/Total Assets
=149.604/656.676
=0.2278

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(74.306 - -1.131)/656.676
=0.1149

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2221.421/104.116
=21.336

X5=Revenue/Total Assets
=142.443/656.676
=0.2169

The zones of discrimination were as such:

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

BGRIMM MTC Technology Co has a Altman Z-Score of 14.54 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 14.54 mean?
BGRIMM MTC Technology Co (BJSE:920160) has a Altman Z-Score of 14.54 as of Sep. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on BGRIMM MTC Technology Co and its competitors. This is 27% below median its historical median of 19.79. Over the past decade, BGRIMM MTC Technology Co's Altman Z-Score has ranged from 14.76 to 24.73. According to the industry distribution chart, BGRIMM MTC Technology Co ranks #180 out of 2452 companies in the Hardware industry, placing it in the top 7.3%.
Is BGRIMM MTC Technology Co's Altman Z-Score too high?
BGRIMM MTC Technology Co's current Altman Z-Score of 14.54 is 27% below median its 10-year median of 19.79. Over the past 10 years, this metric has ranged from a low of 14.76 to a high of 24.73. The Hardware industry median Altman Z-Score is 3.33. BGRIMM MTC Technology Co's value of 14.54 is 337.3% above this industry median. Based on the distribution chart, BGRIMM MTC Technology Co ranks #180 out of 2452 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, BGRIMM MTC Technology Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does BGRIMM MTC Technology Co's Altman Z-Score compare to GRMN and COHR?
According to the Hardware industry distribution chart, BGRIMM MTC Technology Co ranks #180 out of 2452 companies for Altman Z-Score. This places BGRIMM MTC Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.33. BGRIMM MTC Technology Co's value of 14.54 is 337.3% above this benchmark. Historically, BGRIMM MTC Technology Co's own Altman Z-Score has ranged from 14.76 to 24.73 over the past decade. While the company's 10-year median is 19.79 vs. the industry median of 3.33, BGRIMM MTC Technology Co 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.33, based on 2,452 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. BGRIMM MTC Technology Co's current Altman Z-Score of 14.54 is 337.3% 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 BGRIMM MTC Technology Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGRIMM MTC Technology Co's current Altman Z-Score is 14.54, which is 27% below median its own 10-year median of 19.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGRIMM MTC Technology Co stock overvalued right now?
BGRIMM MTC Technology Co (BJSE:920160) has a current Altman Z-Score of 14.54. The current Altman Z-Score is 14.54, which is 27% below median its 10-year median of 19.79 and 337.3% above the Hardware industry median of 3.33. BGRIMM MTC Technology Co's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For BGRIMM MTC Technology Co (BJSE:920160), the current Altman Z-Score is 14.54 as of Sep. 08, 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.

BGRIMM MTC Technology Co Business Description

Address No. 22, Beixing Road - East Section, Room A708 and A701, Building 1, Daxing District, Beijing, CHN, 102628
BGRIMM MTC Technology Co Ltd provides inspection and testing services and engages in the research, development, production, sales, and support of testing instruments. Its operations include quality inspection, technical testing, and technology development, transfer, consulting, and promotion. The company also offers analytical instruments, environmental equipment, and laboratory furniture, along with laboratory design, construction contracting, and equipment rental.
44GF Score

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