EGG (Enigmatig) Altman Z-Score: 51.39 (As of Jul. 04, 2026) — 14% Above Median


EGG Enigmatig Ltd EGG
21 GF Score
Price $6.65
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What is Enigmatig Altman Z-Score?

Enigmatig EGG -1.63% 21 Altman Z-Score is 51.39 as of Jul. 04, 2026, which is 14% above its 10-year median of 45.26. GuruFocus rates EGG with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,060 Business Services companies, Enigmatig ranks better than 99.06% 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 51.39 is strong.

Enigmatig has a Altman Z-Score of 51.39, 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 Enigmatig's Altman Z-Score or its related term are showing as below:

EGG' s Altman Z-Score Range Over the Past 10 Years
Min: 45.26   Med: 45.26   Max: 51.39
Current: 51.39

During the past 5 years, Enigmatig's highest Altman Z-Score was 51.39. The lowest was 45.26. And the median was 45.26.


Enigmatig  (AMEX:EGG) 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.


Enigmatig Altman Z-Score Related Terms


Enigmatig Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Enigmatig'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.

Enigmatig Altman Z-Score Chart

Enigmatig Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
0.00 0.00 0.00 0.00 45.26

Enigmatig Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 45.26

EGG vs FORR, RGP, SBC: Altman Z-Score Comparison

For the Consulting Services subindustry, Enigmatig'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.


Enigmatig Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Enigmatig's Altman Z-Score distribution charts can be found below:

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


EGG
21GF Score
Enigmatig Ltd EGG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Enigmatig 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.

Enigmatig'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*0.729+1.4*0.1141+3.3*0.0478+0.6*83.2603+1.0*0.2444
=51.39

* 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 Sep. 2025:
Total Assets was $18.22 Mil.
Total Current Assets was $15.10 Mil.
Total Current Liabilities was $1.82 Mil.
Retained Earnings was $2.08 Mil.
Pre-Tax Income was $0.86 Mil.
Interest Expense was $-0.02 Mil.
Revenue was $4.45 Mil.
Market Cap (Today) was $185.17 Mil.
Total Liabilities was $2.22 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
=(15.098 - 1.817)/18.217
=0.729

X2=Retained Earnings/Total Assets
=2.079/18.217
=0.1141

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.855 - -0.016)/18.217
=0.0478

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=185.171/2.224
=83.2603

X5=Revenue/Total Assets
=4.452/18.217
=0.2444

The zones of discrimination were as such:

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

Enigmatig has a Altman Z-Score of 51.39 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 51.39 mean?
Enigmatig (EGG) has a Altman Z-Score of 51.39 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Enigmatig and its competitors. This is 14% above median its historical median of 45.26. Over the past decade, Enigmatig's Altman Z-Score has ranged from 45.26 to 51.39. According to the industry distribution chart, Enigmatig ranks #10 out of 1060 companies in the Business Services industry, placing it in the top 0.90000000000001%.
Is Enigmatig's Altman Z-Score too high?
Enigmatig's current Altman Z-Score of 51.39 is 14% above median its 10-year median of 45.26. Over the past 10 years, this metric has ranged from a low of 45.26 to a high of 51.39. The Business Services industry median Altman Z-Score is 2.97. Enigmatig's value of 51.39 is 1633.2% above this industry median. Based on the distribution chart, Enigmatig ranks #10 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Enigmatig has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Enigmatig's Altman Z-Score compare to FORR and RGP?
According to the Business Services industry distribution chart, Enigmatig ranks #10 out of 1060 companies for Altman Z-Score. This places Enigmatig in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Enigmatig's value of 51.39 is 1633.2% above this benchmark. Historically, Enigmatig's own Altman Z-Score has ranged from 45.26 to 51.39 over the past decade. While the company's 10-year median is 45.26 vs. the industry median of 2.97, Enigmatig 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Enigmatig's current Altman Z-Score of 51.39 is 1633.2% 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 Enigmatig and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enigmatig's current Altman Z-Score is 51.39, which is 14% above median its own 10-year median of 45.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enigmatig stock overvalued right now?
Enigmatig (EGG) has a current Altman Z-Score of 51.39. The current Altman Z-Score is 51.39, which is 14% above median its 10-year median of 45.26 and 1633.2% above the Business Services industry median of 2.97. Enigmatig's overall GF Score™ is 21/100 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 Enigmatig (EGG), the current Altman Z-Score is 51.39 as of Jul. 04, 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.

Enigmatig Business Description

Address c/o 16 Raffles Quay, no.30-01, Hong Leong Building, Singapore, SGP, 048581
Enigmatig Ltd is an international consultancy firm providing one-stop cross-border licensing solutions and related services. Its services range from assisting clients in incorporating companies in overseas jurisdictions and related corporate secretarial services to a wide range of licensing and regulatory maintenance services. Its clients consist of small and medium-sized corporations setting up contracts for different brokerage businesses, in particular foreign exchange brokerage businesses in overseas jurisdictions. Its corporate services income is mainly generated from fees received assisting its clients to obtain, renew and comply with a range of business licenses (including brokerage licenses and other financial licenses) in a variety of jurisdictions (in London, Cyprus and Belize).
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