Beach Hatchery (DHA:BEACHHATCH) Altman Z-Score: 9.42 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:BEACHHATCH Beach Hatchery Ltd DHA:BEACHHATCH
48 GF Score
Price BDT35.70
View Full Analysis

What is Beach Hatchery Altman Z-Score?

Beach Hatchery DHA:BEACHHATCH +4.39% 48 Altman Z-Score is 9.42 as of Jul. 14, 2026. GuruFocus rates DHA:BEACHHATCH with a GF Score™ of 48/100.

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.

Beach Hatchery has a Altman Z-Score of 9.42, 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 Beach Hatchery's Altman Z-Score or its related term are showing as below:


Beach Hatchery  (DHA:BEACHHATCH) 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.


Beach Hatchery Altman Z-Score Related Terms


Beach Hatchery Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Beach Hatchery'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.

Beach Hatchery Altman Z-Score Chart

Beach Hatchery Annual Data
Trend Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 11.88 13.99 22.32

Beach Hatchery Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.77 16.66 22.32 26.71 20.67

DHA:BEACHHATCH vs ADM, TSN, BG: Altman Z-Score Comparison

For the Farm Products subindustry, Beach Hatchery'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.


Beach Hatchery Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beach Hatchery's Altman Z-Score distribution charts can be found below:

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


DHA:BEACHHATCH
48GF Score
Beach Hatchery Ltd DHA:BEACHHATCH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beach Hatchery 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.

Beach Hatchery'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*0.5782+1.4*0.2625+3.3*0.2333+0.6*11.9526+1.0*0.4137
=9.42

* 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 Dec. 2024:
Total Assets was BDT751.2 Mil.
Total Current Assets was BDT533.7 Mil.
Total Current Liabilities was BDT99.4 Mil.
Retained Earnings was BDT197.2 Mil.
Pre-Tax Income was 98.84 + 35.026 + 6.306 + 32.004 = BDT172.2 Mil.
Interest Expense was 0 + 0 + -1.325 + -1.794 = BDT-3.1 Mil.
Revenue was 144.859 + 69.685 + 30.459 + 65.765 = BDT310.8 Mil.
Market Cap (Today) was BDT1,478.0 Mil.
Total Liabilities was BDT123.7 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
=(533.725 - 99.368)/751.22
=0.5782

X2=Retained Earnings/Total Assets
=197.18/751.22
=0.2625

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(172.176 - -3.119)/751.22
=0.2333

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1478.016/123.656
=11.9526

X5=Revenue/Total Assets
=310.768/751.22
=0.4137

The zones of discrimination were as such:

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

Beach Hatchery has a Altman Z-Score of 9.42 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 9.42 mean?
Beach Hatchery (DHA:BEACHHATCH) has a Altman Z-Score of 9.42 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Beach Hatchery and its competitors.
Is Beach Hatchery's Altman Z-Score too high?
Beach Hatchery's current Altman Z-Score is 9.42. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Beach Hatchery's value of 9.42 is 230.5% above this industry median. Overall, Beach Hatchery has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Beach Hatchery's Altman Z-Score compare to ADM and TSN?
Beach Hatchery's Altman Z-Score of 9.42 can be compared against companies in the Consumer Packaged Goods industry. The industry median Altman Z-Score is 2.85. Beach Hatchery's value of 9.42 is 230.5% above this benchmark. 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,932 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. Beach Hatchery's current Altman Z-Score of 9.42 is 230.5% 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 Beach Hatchery and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beach Hatchery's current Altman Z-Score is 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beach Hatchery stock overvalued right now?
Beach Hatchery (DHA:BEACHHATCH) has a current Altman Z-Score of 9.42. The current Altman Z-Score is 9.42 and 230.5% above the Consumer Packaged Goods industry median of 2.85. Beach Hatchery's overall GF Score™ is 48/100. 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 Beach Hatchery (DHA:BEACHHATCH), the current Altman Z-Score is 9.42 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.

Beach Hatchery Business Description

Address House No.B-139, 3rd Floor, Road no. 22, Mohakhali DOHS, Dhaka, BGD, 1206
Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.
48GF Score

Get the complete analysis for DHA:BEACHHATCH

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

BDT35.70
Price