Advanced Info Service PCLBKK:ADVANC-R 85 Altman Z-Score is 3.10 as of Jun. 25, 2026, which is 31% above its 10-year median of 2.36. GuruFocus rates BKK:ADVANC-R with a GF Score™ of 85/100 and a GF Value™ of ฿241.40. The stock has 7 warning signs investors should review. Among 367 Telecommunication Services companies, Advanced Info Service PCL ranks better than 74.93% 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 3.12 is strong.
Advanced Info Service PCL has a Altman Z-Score of 3.10, 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 Advanced Info Service PCL's Altman Z-Score or its related term are showing as below:
BKK:ADVANC-R'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.67 Med: 2.36 Max: 3.2
Current: 3.12
During the past 13 years, Advanced Info Service PCL's highest Altman Z-Score was 3.20. The lowest was 1.67. And the median was 2.36.
Advanced Info Service PCL (BKK:ADVANC-R) 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.
* 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.
BKK:ADVANC-R vs TMUS, VZ, T: Altman Z-Score Comparison
For the Telecom Services subindustry, Advanced Info Service PCL'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.
Advanced Info Service PCL Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Advanced Info Service PCL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Advanced Info Service PCL's Altman Z-Score falls into.
Advanced Info Service PCL 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.
* 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.
Advanced Info Service PCL (BKK:ADVANC-R) has a Altman Z-Score of 3.10 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advanced Info Service PCL and its competitors. This is 31% above median its historical median of 2.36. Over the past decade, Advanced Info Service PCL's Altman Z-Score has ranged from 1.67 to 3.20. According to the industry distribution chart, Advanced Info Service PCL ranks #92 out of 367 companies in the Telecommunication Services industry, placing it in the top 25.1%.
Is Advanced Info Service PCL's Altman Z-Score too high?
Advanced Info Service PCL's current Altman Z-Score of 3.10 is 31% above median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 3.20. The Telecommunication Services industry median Altman Z-Score is 1.72. Advanced Info Service PCL's value of 3.10 is 80.2% above this industry median. Based on the distribution chart, Advanced Info Service PCL ranks #92 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Advanced Info Service PCL has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Advanced Info Service PCL's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Advanced Info Service PCL ranks #92 out of 367 companies for Altman Z-Score. This puts Advanced Info Service PCL in the upper half of its industry. The industry median Altman Z-Score is 1.72. Advanced Info Service PCL's value of 3.10 is 80.2% above this benchmark. Historically, Advanced Info Service PCL's own Altman Z-Score has ranged from 1.67 to 3.20 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.72, Advanced Info Service PCL 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 367 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. Advanced Info Service PCL's current Altman Z-Score of 3.10 is 80.2% 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 Advanced Info Service PCL and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Info Service PCL's current Altman Z-Score is 3.10, which is 31% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Info Service PCL stock overvalued right now?
Advanced Info Service PCL (BKK:ADVANC-R) has a current Altman Z-Score of 3.10. The stock's GF Value™ is ฿241.40, compared to a current price of ฿291.00 — trading 20.5% above its estimated fair value. The current Altman Z-Score is 3.10, which is 31% above median its 10-year median of 2.36 and 80.2% above the Telecommunication Services industry median of 1.72. Advanced Info Service PCL's overall GF Score™ is 85/100 with 7 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 Advanced Info Service PCL (BKK:ADVANC-R), the current Altman Z-Score is 3.10 as of Jun. 25, 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 Advanced Info Service PCL (BKK:ADVANC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Info Service PCL stock appears to be overvalued.
The current stock price of ฿291.00 is trading 20.5% above its estimated GF Value™ of ฿241.40.
Key valuation signals for BKK:ADVANC-R:
Altman Z-Score: 3.10 (31% above median its 10-year median of 2.36)
GF Value™: ฿241.40 vs. price of ฿291.00 (20.5% above fair value)
Industry Position: 80.2% above the Telecommunication Services median (#92 of 367)
No single metric tells the full story. See the BKK:ADVANC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Info Service PCL is a triple-play telecommunications provider. The company generates revenues from the provision of mobile phone services, mobile handset sales, and broadband services. Its broadband service includes various fibre technologies for households, leveraging the company's owned fibre infrastructure. In addition to the fibre networks, it also has mobile infrastructure. Its reportable segments include; Mobile phone services which is also the key revenue generating segment, Mobile phone and equipment sales, and Datanet and broadband services. The company generates the vast majority of its revenue in Thailand.
85GF Score
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