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Siamgas And Petrochemicals PCLBKK:SGP -1.85%62 Altman Z-Score is 2.10 as of Jul. 14, 2026, which is 19% below its 10-year median of 2.60. GuruFocus rates BKK:SGP with a GF Score™ of 62/100 and a GF Value™ of ฿6.32 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 896 Oil & Gas companies, Siamgas And Petrochemicals PCL ranks better than 54.24% 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 2.1 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Siamgas And Petrochemicals PCL has a Altman Z-Score of 2.10, indicating it is in Grey Zones. This implies that Siamgas And Petrochemicals PCL is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Siamgas And Petrochemicals PCL's Altman Z-Score or its related term are showing as below:
BKK:SGP'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.99 Med: 2.6 Max: 3.54
Current: 2.1
During the past 13 years, Siamgas And Petrochemicals PCL's highest Altman Z-Score was 3.54. The lowest was 1.99. And the median was 2.60.
Siamgas And Petrochemicals PCL (BKK:SGP) 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.
* 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.
Siamgas And Petrochemicals PCL Altman Z-Score Chart
BKK:SGP vs VLO, MPC, PSX: Altman Z-Score Comparison
For the Oil & Gas Refining & Marketing subindustry, Siamgas And Petrochemicals 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.
Siamgas And Petrochemicals PCL Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Siamgas And Petrochemicals PCL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Siamgas And Petrochemicals PCL's Altman Z-Score falls into.
Siamgas And Petrochemicals 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.
* 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.
Siamgas And Petrochemicals PCL (BKK:SGP) has a Altman Z-Score of 2.10 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Siamgas And Petrochemicals PCL and its competitors. This is 19% below median its historical median of 2.60. Over the past decade, Siamgas And Petrochemicals PCL's Altman Z-Score has ranged from 1.99 to 3.54. According to the industry distribution chart, Siamgas And Petrochemicals PCL ranks #410 out of 896 companies in the Oil & Gas industry, placing it in the top 45.8%.
Is Siamgas And Petrochemicals PCL's Altman Z-Score too high?
Siamgas And Petrochemicals PCL's current Altman Z-Score of 2.10 is 19% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 3.54. The Oil & Gas industry median Altman Z-Score is 1.92. Siamgas And Petrochemicals PCL's value of 2.10 is 9.7% above this industry median. Based on the distribution chart, Siamgas And Petrochemicals PCL ranks #410 out of 896 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Siamgas And Petrochemicals PCL has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamgas And Petrochemicals PCL's Altman Z-Score compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Siamgas And Petrochemicals PCL ranks #410 out of 896 companies for Altman Z-Score. This puts Siamgas And Petrochemicals PCL in the upper half of its industry. The industry median Altman Z-Score is 1.92. Siamgas And Petrochemicals PCL's value of 2.10 is 9.7% above this benchmark. Historically, Siamgas And Petrochemicals PCL's own Altman Z-Score has ranged from 1.99 to 3.54 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 1.92, Siamgas And Petrochemicals 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.92, based on 896 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. Siamgas And Petrochemicals PCL's current Altman Z-Score of 2.10 is 9.7% 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 Siamgas And Petrochemicals PCL and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamgas And Petrochemicals PCL's current Altman Z-Score is 2.10, which is 19% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamgas And Petrochemicals PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL (BKK:SGP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.32, compared to a current price of ฿7.95 — trading 25.8% above its estimated fair value. The current Altman Z-Score is 2.10, which is 19% below median its 10-year median of 2.60 and 9.7% above the Oil & Gas industry median of 1.92. Siamgas And Petrochemicals PCL's overall GF Score™ is 62/100 with 7 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 Siamgas And Petrochemicals PCL (BKK:SGP), the current Altman Z-Score is 2.10 as of Jul. 14, 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 Siamgas And Petrochemicals PCL (BKK:SGP) Overvalued in 2026?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL stock appears to be overvalued.
The current stock price of ฿7.95 is trading 25.8% above its estimated GF Value™ of ฿6.32.
GuruFocus considers Siamgas And Petrochemicals PCL to be Modestly Overvalued.
Key valuation signals for BKK:SGP:
Altman Z-Score: 2.10 (19% below median its 10-year median of 2.60)
GF Value™: ฿6.32 vs. price of ฿7.95 (25.8% above fair value)
Industry Position: 9.7% above the Oil & Gas median (#410 of 896)
No single metric tells the full story. See the BKK:SGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siamgas And Petrochemicals PCL Business Description
Siamgas And Petrochemicals PCL is engaged in trading petroleum and petrochemicals, transportation services by land and ship and oil depots, and port services. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, and Overseas. The company generates the majority of its revenue from the overseas market.
62GF Score
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