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What is Pou Sheng International (Holdings) Altman Z-Score?
Pou Sheng International (Holdings)FRA:P5C +1.19%52 Altman Z-Score is 2.49 as of Aug. 30, 2026, which is 16% below its 10-year median of 2.95. GuruFocus rates FRA:P5C with a GF Score™ of 52/100 and a GF Value™ of €0.06. The stock has 4 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Pou Sheng International (Holdings) ranks better than 57.39% 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 3.04 is strong.
Pou Sheng International (Holdings) has a Altman Z-Score of 2.49, indicating it is in Grey Zones. This implies that Pou Sheng International (Holdings) is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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.
Pou Sheng International (Holdings) (FRA:P5C) 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.
Pou Sheng International (Holdings) Altman Z-Score Chart
FRA:P5C vs NKE, DECK, ONON: Altman Z-Score Comparison
For the Footwear & Accessories subindustry, Pou Sheng International (Holdings)'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.
Pou Sheng International (Holdings) Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Sheng International (Holdings)'s Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Pou Sheng International (Holdings)'s Altman Z-Score falls into.
Pou Sheng International (Holdings) 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.
Pou Sheng International (Holdings) (FRA:P5C) has a Altman Z-Score of 2.49 as of Aug. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pou Sheng International (Holdings) and its competitors. This is 16% below median its historical median of 2.95. Over the past decade, Pou Sheng International (Holdings)'s Altman Z-Score has ranged from 1.31 to 4.00. According to the industry distribution chart, Pou Sheng International (Holdings) ranks #441 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.6%.
Is Pou Sheng International (Holdings)'s Altman Z-Score too high?
Pou Sheng International (Holdings)'s current Altman Z-Score of 2.49 is 16% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 4.00. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.53. Pou Sheng International (Holdings)'s value of 2.49 is 1.6% below this industry median. Based on the distribution chart, Pou Sheng International (Holdings) ranks #441 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pou Sheng International (Holdings) has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Pou Sheng International (Holdings)'s Altman Z-Score compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pou Sheng International (Holdings) ranks #441 out of 1035 companies for Altman Z-Score. This puts Pou Sheng International (Holdings) in the upper half of its industry. The industry median Altman Z-Score is 2.53. Pou Sheng International (Holdings)'s value of 2.49 is 1.6% below this benchmark. Historically, Pou Sheng International (Holdings)'s own Altman Z-Score has ranged from 1.31 to 4.00 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 2.53, Pou Sheng International (Holdings) 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.53, based on 1,035 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. Pou Sheng International (Holdings)'s current Altman Z-Score of 2.49 is 1.6% 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 Pou Sheng International (Holdings) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pou Sheng International (Holdings)'s current Altman Z-Score is 2.49, which is 16% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pou Sheng International (Holdings) stock overvalued right now?
Pou Sheng International (Holdings) (FRA:P5C) has a current Altman Z-Score of 2.49. The stock's GF Value™ is €0.06, compared to a current price of €0.04 — trading 29.2% below its estimated fair value. The current Altman Z-Score is 2.49, which is 16% below median its 10-year median of 2.95 and 1.6% below the Manufacturing - Apparel & Accessories industry median of 2.53. Pou Sheng International (Holdings)'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 Pou Sheng International (Holdings) (FRA:P5C), the current Altman Z-Score is 2.49 as of Aug. 30, 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 Pou Sheng International (Holdings) (FRA:P5C) Overvalued in 2026?
Based on GuruFocus' analysis, Pou Sheng International (Holdings) stock appears to be undervalued.
The current stock price of €0.04 is trading 29.2% below its estimated GF Value™ of €0.06.
Key valuation signals for FRA:P5C:
Altman Z-Score: 2.49 (16% below median its 10-year median of 2.95)
GF Value™: €0.06 vs. price of €0.04 (29.2% below fair value)
Industry Position: 1.6% below the Manufacturing - Apparel & Accessories median (#441 of 1035)
No single metric tells the full story. See the FRA:P5C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. Its operations are mainly located in the PRC. The company derives maximum revenue from sales of sportswear and footwear products.
52GF Score
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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