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AK Medical HoldingsHKSE:01789 +1.31%97 Altman Z-Score is 5.99 as of Sep. 06, 2026, which is 41% below its 10-year median of 10.15. GuruFocus rates HKSE:01789 with a GF Score™ of 97/100 and a GF Value™ of HK$7.70 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 807 Medical Devices & Instruments companies, AK Medical Holdings ranks better than 70.26% 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 5.99 is strong.
AK Medical Holdings has a Altman Z-Score of 5.99, 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 AK Medical Holdings's Altman Z-Score or its related term are showing as below:
HKSE:01789'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.99 Med: 10.15 Max: 17.58
Current: 5.99
During the past 12 years, AK Medical Holdings's highest Altman Z-Score was 17.58. The lowest was 5.99. And the median was 10.15.
AK Medical Holdings (HKSE:01789) 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.
Altman Z-Score does not apply to financial companies.
AK Medical Holdings Altman Z-Score Related Terms
AK Medical Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for AK Medical 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:01789 vs ABT, SYK, MDT: Altman Z-Score Comparison
For the Medical Devices subindustry, AK Medical 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.
AK Medical Holdings Altman Z-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, AK Medical Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where AK Medical 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.
AK Medical 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
*
0.5575
+
1.4
*
0.5156
+
3.3
*
0.1086
+
0.6
*
6.3973
+
1.0
*
0.4047
=
5.99
* 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.
AK Medical Holdings (HKSE:01789) has a Altman Z-Score of 5.99 as of Sep. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on AK Medical Holdings and its competitors. This is 41% below median its historical median of 10.15. Over the past decade, AK Medical Holdings' Altman Z-Score has ranged from 5.99 to 17.58. According to the industry distribution chart, AK Medical Holdings ranks #240 out of 807 companies in the Medical Devices & Instruments industry, placing it in the top 29.7%.
Is AK Medical Holdings' Altman Z-Score too high?
AK Medical Holdings' current Altman Z-Score of 5.99 is 41% below median its 10-year median of 10.15. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 17.58. The Medical Devices & Instruments industry median Altman Z-Score is 3.16. AK Medical Holdings' value of 5.99 is 89.6% above this industry median. Based on the distribution chart, AK Medical Holdings ranks #240 out of 807 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, AK Medical Holdings has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AK Medical Holdings' Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, AK Medical Holdings ranks #240 out of 807 companies for Altman Z-Score. This puts AK Medical Holdings in the upper half of its industry. The industry median Altman Z-Score is 3.16. AK Medical Holdings' value of 5.99 is 89.6% above this benchmark. Historically, AK Medical Holdings' own Altman Z-Score has ranged from 5.99 to 17.58 over the past decade. While the company's 10-year median is 10.15 vs. the industry median of 3.16, AK Medical 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 3.16, based on 807 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. AK Medical Holdings's current Altman Z-Score of 5.99 is 89.6% 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 AK Medical Holdings and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AK Medical Holdings's current Altman Z-Score is 5.99, which is 41% below median its own 10-year median of 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AK Medical Holdings stock overvalued right now?
Based on GuruFocus' analysis, AK Medical Holdings (HKSE:01789) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$7.70, compared to a current price of HK$5.02 — trading 34.9% below its estimated fair value. The current Altman Z-Score is 5.99, which is 41% below median its 10-year median of 10.15 and 89.6% above the Medical Devices & Instruments industry median of 3.16. AK Medical Holdings' overall GF Score™ is 97/100 with 3 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 AK Medical Holdings (HKSE:01789), the current Altman Z-Score is 5.99 as of Sep. 06, 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 AK Medical Holdings (HKSE:01789) Overvalued in 2026?
Based on GuruFocus' analysis, AK Medical Holdings stock appears to be undervalued.
The current stock price of HK$5.02 is trading 34.9% below its estimated GF Value™ of HK$7.70.
GuruFocus considers AK Medical Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:01789:
Altman Z-Score: 5.99 (41% below median its 10-year median of 10.15)
GF Value™: HK$7.70 vs. price of HK$5.02 (34.9% below fair value)
Industry Position: 89.6% above the Medical Devices & Instruments median (#240 of 807)
No single metric tells the full story. See the HKSE:01789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AK Medical Holdings Ltd is an investment holding company, along with a subsidiary, engaged in designing, developing, producing and marketing orthopedic implants and related products. The principal activities of the group are manufacturing and sale of orthopedic joint implants, spinal implants, trauma implants, and their complete set of surgical instruments. Its geographical segments are China and the United Kingdom. It derives the majority of its revenue from China. The company offers Products and technologies: hip joint products, Knee joint products, Spine and Trauma Products, Oncology products, Digital products, and ICOS Medical Engineering Interaction Technology.
97GF Score
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