Dimet (Siam) PCL (BKK:DIMET-R) Altman Z-Score: -3.34 (As of Jun. 24, 2026)


What is Dimet (Siam) PCL Altman Z-Score?

Dimet (Siam) PCL BKK:DIMET-R Altman Z-Score is -3.34 as of Jun. 24, 2026. The stock has 4 warning signs investors should review. Among 1,571 Chemicals companies, Dimet (Siam) PCL ranks worse than 98.22% 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.

Warning Sign:

Altman Z-score of -3.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Dimet (Siam) PCL has a Altman Z-Score of -3.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Dimet (Siam) PCL's Altman Z-Score or its related term are showing as below:

BKK:DIMET-R' s Altman Z-Score Range Over the Past 10 Years
Min: -5.01   Med: 3.43   Max: 9.48
Current: -3.34

During the past 13 years, Dimet (Siam) PCL's highest Altman Z-Score was 9.48. The lowest was -5.01. And the median was 3.43.


Dimet (Siam) PCL  (BKK:DIMET-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.

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


Be Aware

Altman Z-Score does not apply to financial companies.


Dimet (Siam) PCL Altman Z-Score Related Terms


Dimet (Siam) PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dimet (Siam) 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.

Dimet (Siam) PCL Altman Z-Score Chart

Dimet (Siam) PCL Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 6.90 3.08 -3.10 -3.64

Dimet (Siam) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.01 -4.56 -4.61 -3.64 -3.45

BKK:DIMET-R vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Dimet (Siam) 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.


Dimet (Siam) PCL Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dimet (Siam) PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dimet (Siam) PCL's Altman Z-Score falls into.



Dimet (Siam) 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.

Dimet (Siam) 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*0.0392+1.4*-3.1545+3.3*-0.0527+0.6*1.1076+1.0*0.54
=-3.34

* 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 ฿286.0 Mil.
Total Current Assets was ฿78.6 Mil.
Total Current Liabilities was ฿67.4 Mil.
Retained Earnings was ฿-902.3 Mil.
Pre-Tax Income was -3.862 + -4.412 + -3.612 + -10.372 = ฿-22.3 Mil.
Interest Expense was -1.658 + -2.069 + -1.486 + -1.985 = ฿-7.2 Mil.
Revenue was 36.48 + 35.991 + 47.991 + 34.001 = ฿154.5 Mil.
Market Cap (Today) was ฿161.5 Mil.
Total Liabilities was ฿145.8 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
=(78.569 - 67.355)/286.039
=0.0392

X2=Retained Earnings/Total Assets
=-902.324/286.039
=-3.1545

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-22.258 - -7.198)/286.039
=-0.0527

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=161.460/145.78
=1.1076

X5=Revenue/Total Assets
=154.463/286.039
=0.54

The zones of discrimination were as such:

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

Dimet (Siam) PCL has a Altman Z-Score of -3.34 indicating it is in Distress 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 -3.34 mean?
Dimet (Siam) PCL (BKK:DIMET-R) has a Altman Z-Score of -3.34 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dimet (Siam) PCL and its competitors. According to the industry distribution chart, Dimet (Siam) PCL ranks #1543 out of 1571 companies in the Chemicals industry, placing it in the top 98.2%.
Is Dimet (Siam) PCL's Altman Z-Score too high?
Dimet (Siam) PCL's current Altman Z-Score is -3.34. Based on the distribution chart, Dimet (Siam) PCL ranks #1543 out of 1571 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Dimet (Siam) PCL's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dimet (Siam) PCL ranks #1543 out of 1571 companies for Altman Z-Score. This places Dimet (Siam) PCL in the lower half of its industry. The industry median Altman Z-Score is 3.18. 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 3.18, based on 1,571 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. 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 Dimet (Siam) PCL and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dimet (Siam) PCL's current Altman Z-Score is -3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dimet (Siam) PCL stock overvalued right now?
Dimet (Siam) PCL (BKK:DIMET-R) has a current Altman Z-Score of -3.34. The stock's GF Value™ is ฿0.22, compared to a current price of ฿0.05 — trading 77.3% below its estimated fair value. The current Altman Z-Score is -3.34. 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 Dimet (Siam) PCL (BKK:DIMET-R), the current Altman Z-Score is -3.34 as of Jun. 24, 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.

Dimet (Siam) PCL Business Description

Other Exchanges DIMET:Thailand
Address No. 602, Moo 2, Sukhumvit Road, Bangpoo Industrial Estate Soi 1, Bangpoo Subdistrict, Muang Samutprakran District, Samut Prakarn Province, Bangkok, THA, 10280
Dimet (Siam) PCL is engaged involve the manufacture and distribution of paints, sale of construction materials, provision of construction service and wholesale general products. In addition, the company also produces paints for buildings, wood coatings, furniture finishes, and industrial paints, such as gas cylinder spray paints. The Group has four operating segments which are consists of manufacture and distribution of paints segment, provision of construction service segment, sale of construction materials segment and wholesale general products. The company generates the majority of its revenue from the manufacture and distribution of paints segment.