Advice IT Infinite PCL (BKK:ADVICE) Altman Z-Score: 5.19 (As of Jul. 09, 2026) — 13% Below Median


BKK:ADVICE Advice IT Infinite PCL BKK:ADVICE
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What is Advice IT Infinite PCL Altman Z-Score?

Advice IT Infinite PCL BKK:ADVICE -3.08% 19 Altman Z-Score is 5.19 as of Jul. 09, 2026, which is 13% below its 10-year median of 5.96. GuruFocus rates BKK:ADVICE with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,458 Hardware companies, Advice IT Infinite PCL ranks better than 65.13% 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 5.2 is strong.

Advice IT Infinite PCL has a Altman Z-Score of 5.19, 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 Advice IT Infinite PCL's Altman Z-Score or its related term are showing as below:

BKK:ADVICE' s Altman Z-Score Range Over the Past 10 Years
Min: 5.08   Med: 5.96   Max: 6.37
Current: 5.2

During the past 6 years, Advice IT Infinite PCL's highest Altman Z-Score was 6.37. The lowest was 5.08. And the median was 5.96.


Advice IT Infinite PCL  (BKK:ADVICE) 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.


Advice IT Infinite PCL Altman Z-Score Related Terms


Advice IT Infinite PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Advice IT Infinite PCL'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.

Advice IT Infinite PCL Altman Z-Score Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 6.37 5.61

Advice IT Infinite PCL Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.97 5.74 5.96 5.61 5.08

BKK:ADVICE vs SNX, ARW, AVT: Altman Z-Score Comparison

For the Electronics & Computer Distribution subindustry, Advice IT Infinite 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.


Advice IT Infinite PCL Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Altman Z-Score falls into.


BKK:ADVICE
19GF Score
Advice IT Infinite PCL BKK:ADVICE
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Advice IT Infinite 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.

Advice IT Infinite PCL'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*0.0839+1.4*0.0768+3.3*0.0954+0.6*1.2233+1.0*3.9287
=5.19

* 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 Mar. 2026:
Total Assets was ฿4,302 Mil.
Total Current Assets was ฿3,307 Mil.
Total Current Liabilities was ฿2,947 Mil.
Retained Earnings was ฿331 Mil.
Pre-Tax Income was 144.645 + 79.566 + 82.011 + 93.38 = ฿400 Mil.
Interest Expense was -3.294 + -3.329 + -2.485 + -1.637 = ฿-11 Mil.
Revenue was 4310.313 + 4293.163 + 4287.909 + 4009.638 = ฿16,901 Mil.
Market Cap (Today) was ฿3,906 Mil.
Total Liabilities was ฿3,193 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
=(3307.351 - 2946.545)/4301.947
=0.0839

X2=Retained Earnings/Total Assets
=330.529/4301.947
=0.0768

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(399.602 - -10.745)/4301.947
=0.0954

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3906.000/3193.057
=1.2233

X5=Revenue/Total Assets
=16901.023/4301.947
=3.9287

The zones of discrimination were as such:

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

Advice IT Infinite PCL has a Altman Z-Score of 5.19 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 5.19 mean?
Advice IT Infinite PCL (BKK:ADVICE) has a Altman Z-Score of 5.19 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advice IT Infinite PCL and its competitors. This is 13% below median its historical median of 5.96. Over the past decade, Advice IT Infinite PCL's Altman Z-Score has ranged from 5.08 to 6.37. According to the industry distribution chart, Advice IT Infinite PCL ranks #857 out of 2458 companies in the Hardware industry, placing it in the top 34.9%.
Is Advice IT Infinite PCL's Altman Z-Score too high?
Advice IT Infinite PCL's current Altman Z-Score of 5.19 is 13% below median its 10-year median of 5.96. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 6.37. The Hardware industry median Altman Z-Score is 3.64. Advice IT Infinite PCL's value of 5.19 is 42.6% above this industry median. Based on the distribution chart, Advice IT Infinite PCL ranks #857 out of 2458 companies in the Hardware industry, which is above the industry midpoint. Overall, Advice IT Infinite PCL has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Advice IT Infinite PCL's Altman Z-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Advice IT Infinite PCL ranks #857 out of 2458 companies for Altman Z-Score. This puts Advice IT Infinite PCL in the upper half of its industry. The industry median Altman Z-Score is 3.64. Advice IT Infinite PCL's value of 5.19 is 42.6% above this benchmark. Historically, Advice IT Infinite PCL's own Altman Z-Score has ranged from 5.08 to 6.37 over the past decade. While the company's 10-year median is 5.96 vs. the industry median of 3.64, Advice IT Infinite 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,458 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. Advice IT Infinite PCL's current Altman Z-Score of 5.19 is 42.6% 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 Advice IT Infinite PCL and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advice IT Infinite PCL's current Altman Z-Score is 5.19, which is 13% below median its own 10-year median of 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advice IT Infinite PCL stock overvalued right now?
Advice IT Infinite PCL (BKK:ADVICE) has a current Altman Z-Score of 5.19. The current Altman Z-Score is 5.19, which is 13% below median its 10-year median of 5.96 and 42.6% above the Hardware industry median of 3.64. Advice IT Infinite PCL's overall GF Score™ is 19/100 with 2 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 Advice IT Infinite PCL (BKK:ADVICE), the current Altman Z-Score is 5.19 as of Jul. 09, 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.

Advice IT Infinite PCL Business Description

Address Ratchaphruek Road, 74/1, Moo 1, Tha-it Subdistrict, Pakkret District, Nonthaburi, THA, 11120
Advice IT Infinite PCL and its subsidiaries are engaged in the business of IT retail-wholesale, mobile phones and accessories, and providing maintenance services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers, and various peripherals such as monitors, printers, mice, keyboards, and network equipment. The company has three reportable segments: Retail, Wholesale, and Services, out of which the Retail segment derives the maximum revenue. Geographically, the group operates in Thailand only.
19GF Score

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