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C-Link SquaredHKSE:01463 -9.09%60 Altman Z-Score is 18.07 as of Jul. 21, 2026, which is 35% below its 10-year median of 27.82. GuruFocus rates HKSE:01463 with a GF Score™ of 60/100 and a GF Value™ of HK$0.74 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,062 Business Services companies, C-Link Squared ranks better than 96.05% 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 20.38 is strong.
C-Link Squared has a Altman Z-Score of 18.07, 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 C-Link Squared's Altman Z-Score or its related term are showing as below:
HKSE:01463'
s Altman Z-Score Range Over the Past 10 Years
Min: 14.59 Med: 27.82 Max: 50.28
Current: 20.38
During the past 10 years, C-Link Squared's highest Altman Z-Score was 50.28. The lowest was 14.59. And the median was 27.82.
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.
C-Link Squared Altman Z-Score Related Terms
C-Link Squared Altman Z-Score Historical Data
* Premium members only.
The historical data trend for C-Link Squared'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:01463 vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, C-Link Squared'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.
C-Link Squared Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, C-Link Squared's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where C-Link Squared'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.
C-Link Squared'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
*
0.6055
+
1.4
*
-1.4628
+
3.3
*
-1.4496
+
0.6
*
38.5771
+
1.0
*
1.0244
=
18.07
* 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.
C-Link Squared (HKSE:01463) has a Altman Z-Score of 18.07 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on C-Link Squared and its competitors. This is 35% below median its historical median of 27.82. Over the past decade, C-Link Squared's Altman Z-Score has ranged from 14.59 to 50.28. According to the industry distribution chart, C-Link Squared ranks #42 out of 1062 companies in the Business Services industry, placing it in the top 4%.
Is C-Link Squared's Altman Z-Score too high?
C-Link Squared's current Altman Z-Score of 18.07 is 35% below median its 10-year median of 27.82. Over the past 10 years, this metric has ranged from a low of 14.59 to a high of 50.28. The Business Services industry median Altman Z-Score is 2.98. C-Link Squared's value of 18.07 is 506.4% above this industry median. Based on the distribution chart, C-Link Squared ranks #42 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, C-Link Squared has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does C-Link Squared's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, C-Link Squared ranks #42 out of 1062 companies for Altman Z-Score. This places C-Link Squared in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.98. C-Link Squared's value of 18.07 is 506.4% above this benchmark. Historically, C-Link Squared's own Altman Z-Score has ranged from 14.59 to 50.28 over the past decade. While the company's 10-year median is 27.82 vs. the industry median of 2.98, C-Link Squared 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 2.98, 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. C-Link Squared's current Altman Z-Score of 18.07 is 506.4% 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 C-Link Squared and its competitors. For the Business Services industry, the median Altman Z-Score is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Link Squared's current Altman Z-Score is 18.07, which is 35% below median its own 10-year median of 27.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Link Squared stock overvalued right now?
Based on GuruFocus' analysis, C-Link Squared (HKSE:01463) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.74, compared to a current price of HK$0.30 — trading 59.5% below its estimated fair value. The current Altman Z-Score is 18.07, which is 35% below median its 10-year median of 27.82 and 506.4% above the Business Services industry median of 2.98. C-Link Squared's overall GF Score™ is 60/100 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 C-Link Squared (HKSE:01463), the current Altman Z-Score is 18.07 as of Jul. 21, 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 C-Link Squared (HKSE:01463) Overvalued in 2026?
Based on GuruFocus' analysis, C-Link Squared stock appears to be undervalued.
The current stock price of HK$0.30 is trading 59.5% below its estimated GF Value™ of HK$0.74.
GuruFocus considers C-Link Squared to be Significantly Undervalued.
Key valuation signals for HKSE:01463:
Altman Z-Score: 18.07 (35% below median its 10-year median of 27.82)
GF Value™: HK$0.74 vs. price of HK$0.30 (59.5% below fair value)
Industry Position: 506.4% above the Business Services median (#42 of 1062)
No single metric tells the full story. See the HKSE:01463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
C-Link Squared Ltd is an outsourced document management services provider and related software applications and enterprise software solutions. The outsourced document management services include electronic document delivery, document print and mail fulfillment. MICR Cheque print & mail fulfillment; medical ID card print & mail fulfillment; and document imaging and scanning services are also included. The company's Streamline Suite consists of three systems, namely Streamline Output Management System (OMS), Streamline Electronic Document Warehouse (EDW), and Streamline Document Management System (DMS). Geographically, the Group's revenue from customers is derived mainly from its operations in Malaysia, Singapore and the PRC.
60GF Score
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