Cocoon HoldingsHKSE:00428 37 Altman Z-Score is 4.64 as of Jul. 08, 2026, which is 52% above its 10-year median of 3.06. GuruFocus rates HKSE:00428 with a GF Score™ of 37/100. Among 659 Capital Markets companies, Cocoon Holdings ranks better than 62.37% 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 4.64 is strong.
Cocoon Holdings has a Altman Z-Score of 4.64, 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 Cocoon Holdings's Altman Z-Score or its related term are showing as below:
HKSE:00428'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.78 Med: 3.06 Max: 11.23
Current: 4.64
During the past 13 years, Cocoon Holdings's highest Altman Z-Score was 11.23. The lowest was -0.78. And the median was 3.06.
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.
Altman Z-Score does not apply to financial companies.
Cocoon Holdings Altman Z-Score Related Terms
Cocoon Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Cocoon Holdings'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.
HKSE:00428 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Cocoon 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.
Cocoon Holdings Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cocoon Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cocoon Holdings's Altman Z-Score falls into.
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.
Cocoon Holdings'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
*
0.9704
+
1.4
*
-0.4391
+
3.3
*
0.0571
+
0.6
*
6.2794
+
1.0
*
0.1333
=
4.64
* 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.
Cocoon Holdings (HKSE:00428) has a Altman Z-Score of 4.64 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cocoon Holdings and its competitors. This is 52% above median its historical median of 3.06. According to the industry distribution chart, Cocoon Holdings ranks #248 out of 659 companies in the Capital Markets industry, placing it in the top 37.6%.
Is Cocoon Holdings' Altman Z-Score too high?
Cocoon Holdings' current Altman Z-Score of 4.64 is 52% above median its 10-year median of 3.06. The Capital Markets industry median Altman Z-Score is 2.57. Cocoon Holdings' value of 4.64 is 80.5% above this industry median. Based on the distribution chart, Cocoon Holdings ranks #248 out of 659 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Cocoon Holdings has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Cocoon Holdings' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Cocoon Holdings ranks #248 out of 659 companies for Altman Z-Score. This puts Cocoon Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.57. Cocoon Holdings' value of 4.64 is 80.5% above this benchmark. While the company's 10-year median is 3.06 vs. the industry median of 2.57, Cocoon Holdings 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.57, based on 659 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. Cocoon Holdings's current Altman Z-Score of 4.64 is 80.5% 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 Cocoon Holdings and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cocoon Holdings's current Altman Z-Score is 4.64, which is 52% above median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cocoon Holdings stock overvalued right now?
Cocoon Holdings (HKSE:00428) has a current Altman Z-Score of 4.64. The current Altman Z-Score is 4.64, which is 52% above median its 10-year median of 3.06 and 80.5% above the Capital Markets industry median of 2.57. Cocoon Holdings' overall GF Score™ is 37/100. 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 Cocoon Holdings (HKSE:00428), the current Altman Z-Score is 4.64 as of Jul. 08, 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.
Cocoon Holdings Ltd is a Hong Kong-based investment holding company engaged in investment activities. The companies business activity is organized into a single operating segment, being investments in securities listed on recognized stock exchanges and unlisted investments with a potential for earnings growth and capital appreciation The companies revenue comprised dividend income, interest earned from bank deposits and loans and receivables. The group mainly operates its businesses in Hong Kong.
37GF Score
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