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.
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.
CSSC (Hong Kong) Shipping CoFRA:3LL 82 Altman Z-Score is 1.53 as of Jul. 13, 2026, which is 17% above its 10-year median of 1.31. GuruFocus rates FRA:3LL with a GF Score™ of 82/100 and a GF Value™ of €0.19. The stock has 4 warning signs investors should review. Among 1,062 Business Services companies, CSSC (Hong Kong) Shipping Co ranks worse than 74.76% 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 1.53 is in distress zone. This implies bankruptcy possibility in the next two years.
CSSC (Hong Kong) Shipping Co has a Altman Z-Score of 1.53, 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 CSSC (Hong Kong) Shipping Co's Altman Z-Score or its related term are showing as below:
FRA:3LL'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.06 Med: 1.31 Max: 1.53
Current: 1.53
During the past 10 years, CSSC (Hong Kong) Shipping Co's highest Altman Z-Score was 1.53. The lowest was 1.06. And the median was 1.31.
CSSC (Hong Kong) Shipping Co (FRA:3LL) 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.
FRA:3LL vs URI, SUNB, AER: Altman Z-Score Comparison
For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping Co'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.
CSSC (Hong Kong) Shipping Co Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, CSSC (Hong Kong) Shipping Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where CSSC (Hong Kong) Shipping Co's Altman Z-Score falls into.
CSSC (Hong Kong) Shipping Co 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.
CSSC (Hong Kong) Shipping Co (FRA:3LL) has a Altman Z-Score of 1.53 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CSSC (Hong Kong) Shipping Co and its competitors. This is 17% above median its historical median of 1.31. Over the past decade, CSSC (Hong Kong) Shipping Co's Altman Z-Score has ranged from 1.06 to 1.53. According to the industry distribution chart, CSSC (Hong Kong) Shipping Co ranks #794 out of 1062 companies in the Business Services industry, placing it in the top 74.8%.
Is CSSC (Hong Kong) Shipping Co's Altman Z-Score too high?
CSSC (Hong Kong) Shipping Co's current Altman Z-Score of 1.53 is 17% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.53. The Business Services industry median Altman Z-Score is 2.96. CSSC (Hong Kong) Shipping Co's value of 1.53 is 48.2% below this industry median. Based on the distribution chart, CSSC (Hong Kong) Shipping Co ranks #794 out of 1062 companies in the Business Services industry, which is below the industry midpoint. Overall, CSSC (Hong Kong) Shipping Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does CSSC (Hong Kong) Shipping Co's Altman Z-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, CSSC (Hong Kong) Shipping Co ranks #794 out of 1062 companies for Altman Z-Score. This places CSSC (Hong Kong) Shipping Co in the lower half of its industry. The industry median Altman Z-Score is 2.96. CSSC (Hong Kong) Shipping Co's value of 1.53 is 48.2% below this benchmark. Historically, CSSC (Hong Kong) Shipping Co's own Altman Z-Score has ranged from 1.06 to 1.53 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.96, CSSC (Hong Kong) Shipping Co 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,062 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. CSSC (Hong Kong) Shipping Co's current Altman Z-Score of 1.53 is 48.2% 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 CSSC (Hong Kong) Shipping Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSSC (Hong Kong) Shipping Co's current Altman Z-Score is 1.53, which is 17% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSSC (Hong Kong) Shipping Co stock overvalued right now?
CSSC (Hong Kong) Shipping Co (FRA:3LL) has a current Altman Z-Score of 1.53. The stock's GF Value™ is €0.19, compared to a current price of €0.23 — trading 20% above its estimated fair value. The current Altman Z-Score is 1.53, which is 17% above median its 10-year median of 1.31 and 48.2% below the Business Services industry median of 2.96. CSSC (Hong Kong) Shipping Co's overall GF Score™ is 82/100 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 CSSC (Hong Kong) Shipping Co (FRA:3LL), the current Altman Z-Score is 1.53 as of Jul. 13, 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 CSSC (Hong Kong) Shipping Co (FRA:3LL) Overvalued in 2026?
Based on GuruFocus' analysis, CSSC (Hong Kong) Shipping Co stock appears to be overvalued.
The current stock price of €0.23 is trading 20% above its estimated GF Value™ of €0.19.
Key valuation signals for FRA:3LL:
Altman Z-Score: 1.53 (17% above median its 10-year median of 1.31)
GF Value™: €0.19 vs. price of €0.23 (20% above fair value)
Industry Position: 48.2% below the Business Services median (#794 of 1062)
No single metric tells the full story. See the FRA:3LL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSSC (Hong Kong) Shipping Co Ltd is a ship leasing, investment, and operation company. Together with its subsidiaries, it provides integrated shipping services (including operating leases and shipbroking services) and financial services (including finance leases and loans). The group's operating segments are integrated shipping services and financing services. A majority of its revenue is generated from the Integrated shipping services segment, which includes operating lease services to the group's customers and shipbroking services to shipbuilders and charterers. The Financing services segment includes finance lease services and loan borrowing services to its customers. Geographically, its customers are located in the People's Republic of China, Asia, the United States, and Europe.
82GF Score
Get the complete analysis for FRA:3LL
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:3LL has been successfully added to your 
