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Supreme Distribution PCLBKK:SPREME 17 Altman Z-Score is 0.16 as of Jul. 25, 2026, which is 96% below its 10-year median of 3.74. GuruFocus rates BKK:SPREME with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,459 Hardware companies, Supreme Distribution PCL ranks worse than 92.27% 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 0.16 is in distress zone. This implies bankruptcy possibility in the next two years.
Supreme Distribution PCL has a Altman Z-Score of 0.16, 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 Supreme Distribution PCL's Altman Z-Score or its related term are showing as below:
BKK:SPREME'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.16 Med: 3.74 Max: 4.62
Current: 0.16
During the past 6 years, Supreme Distribution PCL's highest Altman Z-Score was 4.62. The lowest was 0.16. And the median was 3.74.
Supreme Distribution PCL (BKK:SPREME) 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.
BKK:SPREME vs SNX, ARW, AVT: Altman Z-Score Comparison
For the Electronics & Computer Distribution subindustry, Supreme Distribution 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.
Supreme Distribution PCL Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Supreme Distribution PCL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Supreme Distribution PCL's Altman Z-Score falls into.
Supreme Distribution 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.
Supreme Distribution PCL (BKK:SPREME) has a Altman Z-Score of 0.16 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Supreme Distribution PCL and its competitors. This is 96% below median its historical median of 3.74. Over the past decade, Supreme Distribution PCL's Altman Z-Score has ranged from 0.16 to 4.62. According to the industry distribution chart, Supreme Distribution PCL ranks #2269 out of 2459 companies in the Hardware industry, placing it in the top 92.3%.
Is Supreme Distribution PCL's Altman Z-Score too high?
Supreme Distribution PCL's current Altman Z-Score of 0.16 is 96% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 4.62. The Hardware industry median Altman Z-Score is 3.43. Supreme Distribution PCL's value of 0.16 is 95.3% below this industry median. Based on the distribution chart, Supreme Distribution PCL ranks #2269 out of 2459 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Supreme Distribution PCL has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Supreme Distribution PCL's Altman Z-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Supreme Distribution PCL ranks #2269 out of 2459 companies for Altman Z-Score. This places Supreme Distribution PCL in the lower half of its industry. The industry median Altman Z-Score is 3.43. Supreme Distribution PCL's value of 0.16 is 95.3% below this benchmark. Historically, Supreme Distribution PCL's own Altman Z-Score has ranged from 0.16 to 4.62 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 3.43, Supreme Distribution 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.43, based on 2,459 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. Supreme Distribution PCL's current Altman Z-Score of 0.16 is 95.3% 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 Supreme Distribution PCL and its competitors. For the Hardware industry, the median Altman Z-Score is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supreme Distribution PCL's current Altman Z-Score is 0.16, which is 96% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme Distribution PCL stock overvalued right now?
Supreme Distribution PCL (BKK:SPREME) has a current Altman Z-Score of 0.16. The current Altman Z-Score is 0.16, which is 96% below median its 10-year median of 3.74 and 95.3% below the Hardware industry median of 3.43. Supreme Distribution PCL's overall GF Score™ is 17/100 with 2 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 Supreme Distribution PCL (BKK:SPREME), the current Altman Z-Score is 0.16 as of Jul. 25, 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.
Supreme Distribution PCL mainly focuses on the distribution, installation, and leasing of computer and peripheral components. It is engaged in the information technology and communication business as a designer, installer, and distributor of information technology systems, network systems, operating as a complete System Integrator, including repair, maintenance, and equipment leasing service. The company has two reportable segments: Sales of goods and Rendering of services and rental. Key revenue is generated from its Sales of goods segment. Geographically, the company is managed and operates principally in Thailand.
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