Sammakorn PCL (BKK:SAMCO) Altman Z-Score: 1.48 (As of Jul. 06, 2026) — 16% Above Median


BKK:SAMCO Sammakorn PCL BKK:SAMCO
45 GF Score
Price ฿0.82
GF Value ฿0.63
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sammakorn PCL Altman Z-Score?

Sammakorn PCL BKK:SAMCO +1.23% 45 Altman Z-Score is 1.48 as of Jul. 06, 2026, which is 16% above its 10-year median of 1.28. GuruFocus rates BKK:SAMCO with a GF Score™ of 45/100 and a GF Value™ of ฿0.63 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,732 Real Estate companies, Sammakorn PCL ranks better than 55.89% 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 1.48 is in distress zone. This implies bankruptcy possibility in the next two years.

Sammakorn PCL has a Altman Z-Score of 1.48, 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 Sammakorn PCL's Altman Z-Score or its related term are showing as below:

BKK:SAMCO' s Altman Z-Score Range Over the Past 10 Years
Min: 0.78   Med: 1.28   Max: 2.95
Current: 1.48

During the past 13 years, Sammakorn PCL's highest Altman Z-Score was 2.95. The lowest was 0.78. And the median was 1.28.


Sammakorn PCL  (BKK:SAMCO) 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.


Sammakorn PCL Altman Z-Score Related Terms


Sammakorn PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sammakorn 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.

Sammakorn PCL Altman Z-Score Chart

Sammakorn 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 1.06 1.22 1.21 1.18 1.30

Sammakorn 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 1.16 1.19 1.26 1.30 1.47

BKK:SAMCO vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Sammakorn 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.


Sammakorn PCL Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sammakorn PCL's Altman Z-Score distribution charts can be found below:

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


BKK:SAMCO
45GF Score
Sammakorn PCL BKK:SAMCO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sammakorn 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.

Sammakorn 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*0.5444+1.4*0.2309+3.3*0.0451+0.6*0.1926+1.0*0.2407
=1.48

* 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 ฿5,432 Mil.
Total Current Assets was ฿4,201 Mil.
Total Current Liabilities was ฿1,245 Mil.
Retained Earnings was ฿1,254 Mil.
Pre-Tax Income was 188.244 + 21.196 + -18.166 + 1.312 = ฿193 Mil.
Interest Expense was -14.114 + -13.416 + -13.857 + -10.977 = ฿-52 Mil.
Revenue was 184.899 + 356.852 + 337.489 + 428.269 = ฿1,308 Mil.
Market Cap (Today) was ฿526 Mil.
Total Liabilities was ฿2,733 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
=(4201.277 - 1244.553)/5431.51
=0.5444

X2=Retained Earnings/Total Assets
=1254.049/5431.51
=0.2309

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(192.586 - -52.364)/5431.51
=0.0451

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=526.276/2733.045
=0.1926

X5=Revenue/Total Assets
=1307.509/5431.51
=0.2407

The zones of discrimination were as such:

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

Sammakorn PCL has a Altman Z-Score of 1.48 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 1.48 mean?
Sammakorn PCL (BKK:SAMCO) has a Altman Z-Score of 1.48 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sammakorn PCL and its competitors. This is 16% above median its historical median of 1.28. Over the past decade, Sammakorn PCL's Altman Z-Score has ranged from 0.78 to 2.95. According to the industry distribution chart, Sammakorn PCL ranks #764 out of 1732 companies in the Real Estate industry, placing it in the top 44.1%.
Is Sammakorn PCL's Altman Z-Score too high?
Sammakorn PCL's current Altman Z-Score of 1.48 is 16% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.95. The Real Estate industry median Altman Z-Score is 1.31. Sammakorn PCL's value of 1.48 is 13% above this industry median. Based on the distribution chart, Sammakorn PCL ranks #764 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sammakorn PCL has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sammakorn PCL's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sammakorn PCL ranks #764 out of 1732 companies for Altman Z-Score. This puts Sammakorn PCL in the upper half of its industry. The industry median Altman Z-Score is 1.31. Sammakorn PCL's value of 1.48 is 13% above this benchmark. Historically, Sammakorn PCL's own Altman Z-Score has ranged from 0.78 to 2.95 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.31, Sammakorn 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,732 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. Sammakorn PCL's current Altman Z-Score of 1.48 is 13% 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 Sammakorn PCL and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sammakorn PCL's current Altman Z-Score is 1.48, which is 16% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sammakorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Sammakorn PCL (BKK:SAMCO) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.82 — trading 30.2% above its estimated fair value. The current Altman Z-Score is 1.48, which is 16% above median its 10-year median of 1.28 and 13% above the Real Estate industry median of 1.31. Sammakorn PCL's overall GF Score™ is 45/100 with 5 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 Sammakorn PCL (BKK:SAMCO), the current Altman Z-Score is 1.48 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 Sammakorn PCL (BKK:SAMCO) Overvalued in 2026?

Based on GuruFocus' analysis, Sammakorn PCL stock appears to be overvalued. The current stock price of ฿0.82 is trading 30.2% above its estimated GF Value™ of ฿0.63. GuruFocus considers Sammakorn PCL to be Modestly Overvalued.

Key valuation signals for BKK:SAMCO:

  • Altman Z-Score: 1.48 (16% above median its 10-year median of 1.28)
  • GF Value™: ฿0.63 vs. price of ฿0.82 (30.2% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 13% above the Real Estate median (#764 of 1732)

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


Sammakorn PCL Business Description

Other Exchanges SAMCO-F:Thailand
Address 188 Phayathai Road, 21st Floor, Spring Tower Building, Thung Phayathai, Ratchathewi, Bangkok, THA, 10400
Sammakorn PCL is a real estate development company. The company engaged in the real estate development business focusing on developing residential projects in housing as well as after-sale maintenance services. The company is organized into the following operating segments - Real estate Development; Rental segment, Service segment, and Restaurant and bakery segment. Majority revenue is generated from Real Estate development segment. The company and its subsidiary operate in Thailand only.
45GF Score

Get the complete analysis for BKK:SAMCO

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

฿0.82
Price
฿0.63
GF Value