SCI Electric PCL (BKK:SCI) Altman Z-Score: 0.61 (As of Jun. 30, 2026) — 36% Below Median


BKK:SCI SCI Electric PCL BKK:SCI
37 GF Score
Price ฿0.96
GF Value ฿0.74
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is SCI Electric PCL Altman Z-Score?

SCI Electric PCL BKK:SCI +1.05% 37 Altman Z-Score is 0.61 as of Jun. 30, 2026, which is 36% below its 10-year median of 0.96. GuruFocus rates BKK:SCI with a GF Score™ of 37/100 and a GF Value™ of ฿0.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,005 Industrial Products companies, SCI Electric PCL ranks worse than 91.55% 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 0.61 is in distress zone. This implies bankruptcy possibility in the next two years.

SCI Electric PCL has a Altman Z-Score of 0.61, 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 SCI Electric PCL's Altman Z-Score or its related term are showing as below:

BKK:SCI' s Altman Z-Score Range Over the Past 10 Years
Min: -0.58   Med: 0.96   Max: 10.04
Current: 0.61

During the past 12 years, SCI Electric PCL's highest Altman Z-Score was 10.04. The lowest was -0.58. And the median was 0.96.


SCI Electric PCL  (BKK:SCI) 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.


SCI Electric PCL Altman Z-Score Related Terms


SCI Electric PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SCI Electric 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.

SCI Electric PCL Altman Z-Score Chart

SCI Electric 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 1.07 0.56 -0.58 -0.06 0.50

SCI Electric 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 -0.06 0.02 0.15 0.50 0.62

BKK:SCI vs VRT, BE: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, SCI Electric 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.


SCI Electric PCL Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SCI Electric PCL's Altman Z-Score distribution charts can be found below:

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


BKK:SCI
37GF Score
SCI Electric PCL BKK:SCI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SCI Electric 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.

SCI Electric 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*0.3059+1.4*-0.7745+3.3*0.0137+0.6*0.8458+1.0*0.7776
=0.61

* 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 ฿1,581 Mil.
Total Current Assets was ฿827 Mil.
Total Current Liabilities was ฿343 Mil.
Retained Earnings was ฿-1,224 Mil.
Pre-Tax Income was -7.981 + 12.142 + 3.079 + 3.409 = ฿11 Mil.
Interest Expense was -2.748 + -3.294 + -1.765 + -3.176 = ฿-11 Mil.
Revenue was 255.495 + 338.495 + 324.716 + 310.723 = ฿1,229 Mil.
Market Cap (Today) was ฿720 Mil.
Total Liabilities was ฿851 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
=(827.055 - 343.448)/1581.077
=0.3059

X2=Retained Earnings/Total Assets
=-1224.49/1581.077
=-0.7745

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10.649 - -10.983)/1581.077
=0.0137

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=720.000/851.289
=0.8458

X5=Revenue/Total Assets
=1229.429/1581.077
=0.7776

The zones of discrimination were as such:

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

SCI Electric PCL has a Altman Z-Score of 0.61 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 0.61 mean?
SCI Electric PCL (BKK:SCI) has a Altman Z-Score of 0.61 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SCI Electric PCL and its competitors. This is 36% below median its historical median of 0.96. According to the industry distribution chart, SCI Electric PCL ranks #2751 out of 3005 companies in the Industrial Products industry, placing it in the top 91.5%.
Is SCI Electric PCL's Altman Z-Score too high?
SCI Electric PCL's current Altman Z-Score of 0.61 is 36% below median its 10-year median of 0.96. The Industrial Products industry median Altman Z-Score is 3.33. SCI Electric PCL's value of 0.61 is 81.7% below this industry median. Based on the distribution chart, SCI Electric PCL ranks #2751 out of 3005 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, SCI Electric PCL has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SCI Electric PCL's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, SCI Electric PCL ranks #2751 out of 3005 companies for Altman Z-Score. This places SCI Electric PCL in the lower half of its industry. The industry median Altman Z-Score is 3.33. SCI Electric PCL's value of 0.61 is 81.7% below this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 3.33, SCI Electric 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.33, based on 3,005 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. SCI Electric PCL's current Altman Z-Score of 0.61 is 81.7% 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 SCI Electric PCL and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SCI Electric PCL's current Altman Z-Score is 0.61, which is 36% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCI Electric PCL stock overvalued right now?
Based on GuruFocus' analysis, SCI Electric PCL (BKK:SCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.74, compared to a current price of ฿0.96 — trading 29.7% above its estimated fair value. The current Altman Z-Score is 0.61, which is 36% below median its 10-year median of 0.96 and 81.7% below the Industrial Products industry median of 3.33. SCI Electric PCL's overall GF Score™ is 37/100 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 SCI Electric PCL (BKK:SCI), the current Altman Z-Score is 0.61 as of Jun. 30, 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 SCI Electric PCL (BKK:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, SCI Electric PCL stock appears to be overvalued. The current stock price of ฿0.96 is trading 29.7% above its estimated GF Value™ of ฿0.74. GuruFocus considers SCI Electric PCL to be Modestly Overvalued.

Key valuation signals for BKK:SCI:

  • Altman Z-Score: 0.61 (36% below median its 10-year median of 0.96)
  • GF Value™: ฿0.74 vs. price of ฿0.96 (29.7% above fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 81.7% below the Industrial Products median (#2751 of 3005)

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


SCI Electric PCL Business Description

Address 107/1 Moo 1, Bangna-Trad Road, Bangprieng, Bangbo, Samutprakarn, THA, 10560
SCI Electric PCL manufactures and sells electric equipment and galvanized steel structures. The company's operating segments include Manufacture of switchboard, Manufacture and galvanized services and Services and others. Its offerings under the galvanized service segment include manufacturing and selling high-voltage transmission line towers, telecommunication towers, galvanizing steel structures and sale of wiring electric equipment and hot-dip galvanized service which accounts for the majority of the company revenues.
37GF Score

Get the complete analysis for BKK:SCI

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

฿0.96
Price
฿0.74
GF Value