DCOHF (Dickson Concepts (International)) Altman Z-Score: 3.31 (As of Jul. 20, 2026) — 46% Above Median

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DCOHF Dickson Concepts (International) Ltd DCOHF
52 GF Score
Price $0.81
GF Value $0.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dickson Concepts (International) Altman Z-Score?

Dickson Concepts (International) DCOHF 52 Altman Z-Score is 3.31 as of Jul. 20, 2026, which is 46% above its 10-year median of 2.26. GuruFocus rates DCOHF with a GF Score™ of 52/100 and a GF Value™ of $0.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Dickson Concepts (International) ranks better than 61.49% 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 3.31 is strong.

Dickson Concepts (International) has a Altman Z-Score of 3.31, 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 Dickson Concepts (International)'s Altman Z-Score or its related term are showing as below:

DCOHF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.71   Med: 2.26   Max: 3.31
Current: 3.31

During the past 13 years, Dickson Concepts (International)'s highest Altman Z-Score was 3.31. The lowest was 1.71. And the median was 2.26.


Dickson Concepts (International)  (OTCPK:DCOHF) 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.


Dickson Concepts (International) Altman Z-Score Related Terms


Dickson Concepts (International) Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dickson Concepts (International)'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.

Dickson Concepts (International) Altman Z-Score Chart

Dickson Concepts (International) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.14 2.82 3.02 3.26

Dickson Concepts (International) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.82 0.00 3.02 0.00 3.26

DCOHF vs TPR: Altman Z-Score Comparison

For the Luxury Goods subindustry, Dickson Concepts (International)'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.


Dickson Concepts (International) Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s Altman Z-Score falls into.


DCOHF
52GF Score
Dickson Concepts (International) Ltd DCOHF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dickson Concepts (International) 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.

Dickson Concepts (International)'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*0.6692+1.4*0.593+3.3*0.0656+0.6*1.7805+1.0*0.3897
=3.31

* 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 $652.2 Mil.
Total Current Assets was $593.8 Mil.
Total Current Liabilities was $157.3 Mil.
Retained Earnings was $386.8 Mil.
Pre-Tax Income was $39.4 Mil.
Interest Expense was $-3.4 Mil.
Revenue was $254.2 Mil.
Market Cap (Today) was $321.5 Mil.
Total Liabilities was $180.6 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
=(593.766 - 157.302)/652.241
=0.6692

X2=Retained Earnings/Total Assets
=386.763/652.241
=0.593

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(39.429 - -3.365)/652.241
=0.0656

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=321.499/180.571
=1.7805

X5=Revenue/Total Assets
=254.151/652.241
=0.3897

The zones of discrimination were as such:

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

Dickson Concepts (International) has a Altman Z-Score of 3.31 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 3.31 mean?
Dickson Concepts (International) (DCOHF) has a Altman Z-Score of 3.31 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dickson Concepts (International) and its competitors. This is 46% above median its historical median of 2.26. Over the past decade, Dickson Concepts (International)'s Altman Z-Score has ranged from 1.71 to 3.31. According to the industry distribution chart, Dickson Concepts (International) ranks #429 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 38.5%.
Is Dickson Concepts (International)'s Altman Z-Score too high?
Dickson Concepts (International)'s current Altman Z-Score of 3.31 is 46% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 3.31. The Retail - Cyclical industry median Altman Z-Score is 2.75. Dickson Concepts (International)'s value of 3.31 is 20.4% above this industry median. Based on the distribution chart, Dickson Concepts (International) ranks #429 out of 1114 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dickson Concepts (International) has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dickson Concepts (International)'s Altman Z-Score compare to TPR?
According to the Retail - Cyclical industry distribution chart, Dickson Concepts (International) ranks #429 out of 1114 companies for Altman Z-Score. This puts Dickson Concepts (International) in the upper half of its industry. The industry median Altman Z-Score is 2.75. Dickson Concepts (International)'s value of 3.31 is 20.4% above this benchmark. Historically, Dickson Concepts (International)'s own Altman Z-Score has ranged from 1.71 to 3.31 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.75, Dickson Concepts (International) 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.75, based on 1,114 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. Dickson Concepts (International)'s current Altman Z-Score of 3.31 is 20.4% 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 Dickson Concepts (International) and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dickson Concepts (International)'s current Altman Z-Score is 3.31, which is 46% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dickson Concepts (International) stock overvalued right now?
Based on GuruFocus' analysis, Dickson Concepts (International) (DCOHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.58, compared to a current price of $0.81 — trading 39.7% above its estimated fair value. The current Altman Z-Score is 3.31, which is 46% above median its 10-year median of 2.26 and 20.4% above the Retail - Cyclical industry median of 2.75. Dickson Concepts (International)'s overall GF Score™ is 52/100 with 4 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 Dickson Concepts (International) (DCOHF), the current Altman Z-Score is 3.31 as of Jul. 20, 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 Dickson Concepts (International) (DCOHF) Overvalued in 2026?

Based on GuruFocus' analysis, Dickson Concepts (International) stock appears to be overvalued. The current stock price of $0.81 is trading 39.7% above its estimated GF Value™ of $0.58. GuruFocus considers Dickson Concepts (International) to be Significantly Overvalued.

Key valuation signals for DCOHF:

  • Altman Z-Score: 3.31 (46% above median its 10-year median of 2.26)
  • GF Value™: $0.58 vs. price of $0.81 (39.7% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 20.4% above the Retail - Cyclical median (#429 of 1114)

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


Dickson Concepts (International) Business Description

Other Exchanges 00113:Hong Kong
Address 98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches, and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has a presence in Hong Kong, Taiwan, and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.
52GF Score

Get the complete analysis for DCOHF

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

$0.81
Price
$0.58
GF Value