Ladprao General Hospital PCL (BKK:LPH) Altman Z-Score: 3.56 (As of Jul. 06, 2026) — 22% Below Median


BKK:LPH Ladprao General Hospital PCL BKK:LPH
78 GF Score
Price ฿3.56
GF Value ฿4.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ladprao General Hospital PCL Altman Z-Score?

Ladprao General Hospital PCL BKK:LPH -0.56% 78 Altman Z-Score is 3.56 as of Jul. 06, 2026, which is 22% below its 10-year median of 4.56. GuruFocus rates BKK:LPH with a GF Score™ of 78/100 and a GF Value™ of ฿4.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 661 Healthcare Providers & Services companies, Ladprao General Hospital PCL ranks better than 64.45% 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 3.57 is strong.

Ladprao General Hospital PCL has a Altman Z-Score of 3.56, 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 Ladprao General Hospital PCL's Altman Z-Score or its related term are showing as below:

BKK:LPH' s Altman Z-Score Range Over the Past 10 Years
Min: 2.94   Med: 4.56   Max: 14.78
Current: 3.57

During the past 13 years, Ladprao General Hospital PCL's highest Altman Z-Score was 14.78. The lowest was 2.94. And the median was 4.56.


Ladprao General Hospital PCL  (BKK:LPH) 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.


Ladprao General Hospital PCL Altman Z-Score Related Terms


Ladprao General Hospital PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ladprao General Hospital 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.

Ladprao General Hospital PCL Altman Z-Score Chart

Ladprao General Hospital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 4.56 3.49 3.10 3.49

Ladprao General Hospital 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 3.17 2.94 3.56 3.49 3.63

BKK:LPH vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Ladprao General Hospital 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.


Ladprao General Hospital PCL Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ladprao General Hospital PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Ladprao General Hospital PCL's Altman Z-Score falls into.


BKK:LPH
78GF Score
Ladprao General Hospital PCL BKK:LPH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ladprao General Hospital 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.

Ladprao General Hospital 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*0.0821+1.4*0.1722+3.3*0.0915+0.6*3.3932+1.0*0.8812
=3.56

* 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 ฿2,929 Mil.
Total Current Assets was ฿630 Mil.
Total Current Liabilities was ฿389 Mil.
Retained Earnings was ฿504 Mil.
Pre-Tax Income was 47.775 + 52.632 + 72.584 + 78.385 = ฿251 Mil.
Interest Expense was -3.273 + -3.8 + -4.449 + -5.18 = ฿-17 Mil.
Revenue was 616.847 + 634.48 + 661.909 + 667.764 = ฿2,581 Mil.
Market Cap (Today) was ฿2,563 Mil.
Total Liabilities was ฿755 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
=(629.862 - 389.47)/2928.973
=0.0821

X2=Retained Earnings/Total Assets
=504.33/2928.973
=0.1722

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(251.376 - -16.702)/2928.973
=0.0915

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2563.200/755.404
=3.3932

X5=Revenue/Total Assets
=2581/2928.973
=0.8812

The zones of discrimination were as such:

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

Ladprao General Hospital PCL has a Altman Z-Score of 3.56 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 3.56 mean?
Ladprao General Hospital PCL (BKK:LPH) has a Altman Z-Score of 3.56 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ladprao General Hospital PCL and its competitors. This is 22% below median its historical median of 4.56. Over the past decade, Ladprao General Hospital PCL's Altman Z-Score has ranged from 2.94 to 14.78. According to the industry distribution chart, Ladprao General Hospital PCL ranks #235 out of 661 companies in the Healthcare Providers & Services industry, placing it in the top 35.6%.
Is Ladprao General Hospital PCL's Altman Z-Score too high?
Ladprao General Hospital PCL's current Altman Z-Score of 3.56 is 22% below median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 14.78. The Healthcare Providers & Services industry median Altman Z-Score is 2.47. Ladprao General Hospital PCL's value of 3.56 is 44.1% above this industry median. Based on the distribution chart, Ladprao General Hospital PCL ranks #235 out of 661 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ladprao General Hospital PCL has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ladprao General Hospital PCL's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ladprao General Hospital PCL ranks #235 out of 661 companies for Altman Z-Score. This puts Ladprao General Hospital PCL in the upper half of its industry. The industry median Altman Z-Score is 2.47. Ladprao General Hospital PCL's value of 3.56 is 44.1% above this benchmark. Historically, Ladprao General Hospital PCL's own Altman Z-Score has ranged from 2.94 to 14.78 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 2.47, Ladprao General Hospital 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.47, based on 661 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. Ladprao General Hospital PCL's current Altman Z-Score of 3.56 is 44.1% 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 Ladprao General Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ladprao General Hospital PCL's current Altman Z-Score is 3.56, which is 22% below median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ladprao General Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Ladprao General Hospital PCL (BKK:LPH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.72, compared to a current price of ฿3.56 — trading 24.6% below its estimated fair value. The current Altman Z-Score is 3.56, which is 22% below median its 10-year median of 4.56 and 44.1% above the Healthcare Providers & Services industry median of 2.47. Ladprao General Hospital PCL's overall GF Score™ is 78/100 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 Ladprao General Hospital PCL (BKK:LPH), the current Altman Z-Score is 3.56 as of Jul. 06, 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 Ladprao General Hospital PCL (BKK:LPH) Overvalued in 2026?

Based on GuruFocus' analysis, Ladprao General Hospital PCL stock appears to be undervalued. The current stock price of ฿3.56 is trading 24.6% below its estimated GF Value™ of ฿4.72. GuruFocus considers Ladprao General Hospital PCL to be Modestly Undervalued.

Key valuation signals for BKK:LPH:

  • Altman Z-Score: 3.56 (22% below median its 10-year median of 4.56)
  • GF Value™: ฿4.72 vs. price of ฿3.56 (24.6% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 44.1% above the Healthcare Providers & Services median (#235 of 661)

No single metric tells the full story. See the BKK:LPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ladprao General Hospital PCL Business Description

Address 2699 Ladprao Road, Khlong Chaokhun Sing Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Ladprao General Hospital PCL is principally engaged in the hospital business. It has two segments: Hospital, and Scientific testing &, Inspection & Quality System Certification. The Hospital segment includes hospital services, health care centers, and a service contract with the Social Security Office. The Scientific Testing & Inspection & Quality System Certification segment provides analytical and diagnostic services for food and agricultural, pharmaceutical, and environmental, covering product analysis, calibration of instruments, inspections, and certifications in accordance with quality systems and international standards. A majority of its revenue is generated from the Hospital segment. The company mainly operates in Thailand.
78GF Score

Get the complete analysis for BKK:LPH

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿3.56
Price
฿4.72
GF Value