Baguio Green Group (HKSE:01397) Altman Z-Score: 4.13 (As of Jul. 18, 2026) — 31% Above Median

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HKSE:01397 Baguio Green Group Ltd HKSE:01397
51 GF Score
Price HK$0.93
GF Value HK$0.79
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Baguio Green Group Altman Z-Score?

Baguio Green Group HKSE:01397 +1.09% 51 Altman Z-Score is 4.13 as of Jul. 18, 2026, which is 31% above its 10-year median of 3.15. GuruFocus rates HKSE:01397 with a GF Score™ of 51/100 and a GF Value™ of HK$0.79 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 236 Waste Management companies, Baguio Green Group ranks better than 79.24% 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 4.13 is strong.

Baguio Green Group has a Altman Z-Score of 4.13, 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 Baguio Green Group's Altman Z-Score or its related term are showing as below:

HKSE:01397' s Altman Z-Score Range Over the Past 10 Years
Min: 2.4   Med: 3.15   Max: 4.24
Current: 4.13

During the past 13 years, Baguio Green Group's highest Altman Z-Score was 4.24. The lowest was 2.40. And the median was 3.15.


Baguio Green Group  (HKSE:01397) 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.


Baguio Green Group Altman Z-Score Related Terms


Baguio Green Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Baguio Green Group'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.

Baguio Green Group Altman Z-Score Chart

Baguio Green Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 2.87 3.29 3.71 4.24

Baguio Green Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.29 0.00 3.71 0.00 4.24

HKSE:01397 vs WM, RSG, WCN: Altman Z-Score Comparison

For the Waste Management subindustry, Baguio Green Group'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.


Baguio Green Group Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Baguio Green Group's Altman Z-Score distribution charts can be found below:

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


HKSE:01397
51GF Score
Baguio Green Group Ltd HKSE:01397
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Baguio Green Group 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.

Baguio Green Group'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*0.2835+1.4*0.3688+3.3*0.1194+0.6*0.7615+1.0*2.426
=4.13

* 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. 2025:
Total Assets was HK$999 Mil.
Total Current Assets was HK$741 Mil.
Total Current Liabilities was HK$457 Mil.
Retained Earnings was HK$369 Mil.
Pre-Tax Income was HK$114 Mil.
Interest Expense was HK$-5 Mil.
Revenue was HK$2,425 Mil.
Market Cap (Today) was HK$386 Mil.
Total Liabilities was HK$507 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
=(740.58 - 457.217)/999.432
=0.2835

X2=Retained Earnings/Total Assets
=368.547/999.432
=0.3688

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(114.254 - -5.118)/999.432
=0.1194

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=385.950/506.838
=0.7615

X5=Revenue/Total Assets
=2424.634/999.432
=2.426

The zones of discrimination were as such:

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

Baguio Green Group has a Altman Z-Score of 4.13 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 4.13 mean?
Baguio Green Group (HKSE:01397) has a Altman Z-Score of 4.13 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Baguio Green Group and its competitors. This is 31% above median its historical median of 3.15. Over the past decade, Baguio Green Group's Altman Z-Score has ranged from 2.40 to 4.24. According to the industry distribution chart, Baguio Green Group ranks #49 out of 236 companies in the Waste Management industry, placing it in the top 20.8%.
Is Baguio Green Group's Altman Z-Score too high?
Baguio Green Group's current Altman Z-Score of 4.13 is 31% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 4.24. The Waste Management industry median Altman Z-Score is 1.97. Baguio Green Group's value of 4.13 is 110.2% above this industry median. Based on the distribution chart, Baguio Green Group ranks #49 out of 236 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baguio Green Group has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baguio Green Group's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Baguio Green Group ranks #49 out of 236 companies for Altman Z-Score. This places Baguio Green Group in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.97. Baguio Green Group's value of 4.13 is 110.2% above this benchmark. Historically, Baguio Green Group's own Altman Z-Score has ranged from 2.40 to 4.24 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 1.97, Baguio Green Group 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.97, based on 236 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. Baguio Green Group's current Altman Z-Score of 4.13 is 110.2% 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 Baguio Green Group and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baguio Green Group's current Altman Z-Score is 4.13, which is 31% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baguio Green Group stock overvalued right now?
Based on GuruFocus' analysis, Baguio Green Group (HKSE:01397) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.79, compared to a current price of HK$0.93 — trading 17.7% above its estimated fair value. The current Altman Z-Score is 4.13, which is 31% above median its 10-year median of 3.15 and 110.2% above the Waste Management industry median of 1.97. Baguio Green Group's overall GF Score™ is 51/100 with 1 warning sign 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 Baguio Green Group (HKSE:01397), the current Altman Z-Score is 4.13 as of Jul. 18, 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 Baguio Green Group (HKSE:01397) Overvalued in 2026?

Based on GuruFocus' analysis, Baguio Green Group stock appears to be overvalued. The current stock price of HK$0.93 is trading 17.7% above its estimated GF Value™ of HK$0.79. GuruFocus considers Baguio Green Group to be Modestly Overvalued.

Key valuation signals for HKSE:01397:

  • Altman Z-Score: 4.13 (31% above median its 10-year median of 3.15)
  • GF Value™: HK$0.79 vs. price of HK$0.93 (17.7% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 110.2% above the Waste Management median (#49 of 236)

No single metric tells the full story. See the HKSE:01397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baguio Green Group Business Description

Address No. 93 King Lam Street, Unit A, 4th Floor, Dragon Industrial Building, Kowloon, Lai Chi Kok, Hong Kong, HKG
Baguio Green Group Ltd is an investment holding company. The company is engaged in the provision of environmental and related services and goods, offering a full range of environmental solutions covering sanitation and cleaning, resource recycling, waste management and collection, green technology, green products, landscaping, pest control, and ESG. Its businesses include Integrated Environmental Services, Resource Recycling and Remanufacturing, Green Technology, Green Products, and ESG. The Group has four reportable segments: Cleaning services business, which generates maximum revenue; Waste management and recycling business; Landscaping services business; and Pest management business. The Group operates in Hong Kong and Southeast Asia, with Hong Kong generating overall revenue.
51GF Score

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

HK$0.93
Price
HK$0.79
GF Value