Premier Technology PCL (BKK:PT-R) Altman Z-Score: 3.06 (As of Jun. 26, 2026) — 14% Below Median


BKK:PT-R Premier Technology PCL BKK:PT-R
71 GF Score
Price ฿11.51
GF Value ฿9.82
! 3 Warning Signs
View Full Analysis

What is Premier Technology PCL Altman Z-Score?

Premier Technology PCL BKK:PT-R 71 Altman Z-Score is 3.06 as of Jun. 26, 2026, which is 14% below its 10-year median of 3.55. GuruFocus rates BKK:PT-R with a GF Score™ of 71/100 and a GF Value™ of ฿9.82. The stock has 3 warning signs investors should review. Among 2,765 Software companies, Premier Technology PCL ranks worse than 50.74% 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 3.05 is strong.

Premier Technology PCL has a Altman Z-Score of 3.06, 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 Premier Technology PCL's Altman Z-Score or its related term are showing as below:

BKK:PT-R' s Altman Z-Score Range Over the Past 10 Years
Min: 2.79   Med: 3.55   Max: 4.58
Current: 3.05

During the past 13 years, Premier Technology PCL's highest Altman Z-Score was 4.58. The lowest was 2.79. And the median was 3.55.


Premier Technology PCL  (BKK:PT-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.


Premier Technology PCL Altman Z-Score Related Terms


Premier Technology PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Premier Technology 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.

Premier Technology PCL Altman Z-Score Chart

Premier Technology 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 3.42 2.82 3.89 3.88 3.60

Premier Technology 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 3.92 3.67 3.80 3.60 3.10

BKK:PT-R vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, Premier Technology 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.


Premier Technology PCL Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Premier Technology PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Premier Technology PCL's Altman Z-Score falls into.


BKK:PT-R
71GF Score
Premier Technology PCL BKK:PT-R
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Technology 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.

Premier Technology 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*0.2442+1.4*0.1847+3.3*0.113+0.6*1.559+1.0*1.2016
=3.06

* 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 ฿2,840 Mil.
Total Current Assets was ฿2,458 Mil.
Total Current Liabilities was ฿1,764 Mil.
Retained Earnings was ฿525 Mil.
Pre-Tax Income was 62.03 + 89.8 + 120.41 + 46.387 = ฿319 Mil.
Interest Expense was -0.589 + -0.595 + -0.655 + -0.515 = ฿-2 Mil.
Revenue was 698.063 + 1069.148 + 1019.551 + 625.59 = ฿3,412 Mil.
Market Cap (Today) was ฿3,123 Mil.
Total Liabilities was ฿2,003 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
=(2457.809 - 1764.429)/2839.901
=0.2442

X2=Retained Earnings/Total Assets
=524.586/2839.901
=0.1847

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(318.627 - -2.354)/2839.901
=0.113

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3122.778/2003.037
=1.559

X5=Revenue/Total Assets
=3412.352/2839.901
=1.2016

The zones of discrimination were as such:

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

Premier Technology PCL has a Altman Z-Score of 3.06 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 3.06 mean?
Premier Technology PCL (BKK:PT-R) has a Altman Z-Score of 3.06 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Premier Technology PCL and its competitors. This is 14% below median its historical median of 3.55. Over the past decade, Premier Technology PCL's Altman Z-Score has ranged from 2.79 to 4.58. According to the industry distribution chart, Premier Technology PCL ranks #1403 out of 2765 companies in the Software industry, placing it in the top 50.7%.
Is Premier Technology PCL's Altman Z-Score too high?
Premier Technology PCL's current Altman Z-Score of 3.06 is 14% below median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 4.58. The Software industry median Altman Z-Score is 3.13. Premier Technology PCL's value of 3.06 is 2.2% below this industry median. Based on the distribution chart, Premier Technology PCL ranks #1403 out of 2765 companies in the Software industry, which is below the industry midpoint. Overall, Premier Technology PCL has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Premier Technology PCL's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Premier Technology PCL ranks #1403 out of 2765 companies for Altman Z-Score. This places Premier Technology PCL in the lower half of its industry. The industry median Altman Z-Score is 3.13. Premier Technology PCL's value of 3.06 is 2.2% below this benchmark. Historically, Premier Technology PCL's own Altman Z-Score has ranged from 2.79 to 4.58 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 3.13, Premier Technology PCL has consistently been below 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 Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,765 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. Premier Technology PCL's current Altman Z-Score of 3.06 is 2.2% below 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 Premier Technology PCL and its competitors. For the Software industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Technology PCL's current Altman Z-Score is 3.06, which is 14% below median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Technology PCL stock overvalued right now?
Premier Technology PCL (BKK:PT-R) has a current Altman Z-Score of 3.06. The stock's GF Value™ is ฿9.82, compared to a current price of ฿11.51 — trading 17.2% above its estimated fair value. The current Altman Z-Score is 3.06, which is 14% below median its 10-year median of 3.55 and 2.2% below the Software industry median of 3.13. Premier Technology PCL's overall GF Score™ is 71/100 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 Premier Technology PCL (BKK:PT-R), the current Altman Z-Score is 3.06 as of Jun. 26, 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 Premier Technology PCL (BKK:PT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Technology PCL stock appears to be overvalued. The current stock price of ฿11.51 is trading 17.2% above its estimated GF Value™ of ฿9.82.

Key valuation signals for BKK:PT-R:

  • Altman Z-Score: 3.06 (14% below median its 10-year median of 3.55)
  • GF Value™: ฿9.82 vs. price of ฿11.51 (17.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 2.2% below the Software median (#1403 of 2765)

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


Premier Technology PCL Business Description

Other Exchanges PT:Thailand
Address Soi Premier 2, Srinakarin Road, 1 Premier Corporate Park, Kwang Nongbon, Khet Prawet, Bangkok, THA, 10250
Premier Technology PCL provides office rental and invests in the information technology business. The company's reportable segments are as follows: (1) Procurement and provision of services relating to information technology systems, (2) Rental and property services. The majority of the company's revenue is derived from the Procurement and provision of services relating to information technology systems segment. Geographically, it operates in Thailand only.
71GF Score

Get the complete analysis for BKK:PT-R

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

฿11.51
Price
฿9.82
GF Value