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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.
Warning Sign:
Altman Z-score of 2.1 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Ever Sunshine Services Group has a Altman Z-Score of 2.10, indicating it is in Grey Zones. This implies that Ever Sunshine Services Group 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.
The historical rank and industry rank for Ever Sunshine Services Group's Altman Z-Score or its related term are showing as below:
HKSE:01995'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.98 Med: 3.51 Max: 10.61
Current: 2.1
During the past 11 years, Ever Sunshine Services Group's highest Altman Z-Score was 10.61. The lowest was 1.98. And the median was 3.51.
Ever Sunshine Services Group (HKSE:01995) 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.
HKSE:01995 vs CBRE, BEKE, JLL: Altman Z-Score Comparison
For the Real Estate Services subindustry, Ever Sunshine Services 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.
Ever Sunshine Services Group Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ever Sunshine Services Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ever Sunshine Services Group's Altman Z-Score falls into.
Ever Sunshine Services 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.
* 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.
Ever Sunshine Services Group (HKSE:01995) has a Altman Z-Score of 2.10 as of Aug. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ever Sunshine Services Group and its competitors. This is 40% below median its historical median of 3.51. Over the past decade, Ever Sunshine Services Group's Altman Z-Score has ranged from 1.98 to 10.61. According to the industry distribution chart, Ever Sunshine Services Group ranks #490 out of 1728 companies in the Real Estate industry, placing it in the top 28.4%.
Is Ever Sunshine Services Group's Altman Z-Score too high?
Ever Sunshine Services Group's current Altman Z-Score of 2.10 is 40% below median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 10.61. The Real Estate industry median Altman Z-Score is 1.30. Ever Sunshine Services Group's value of 2.10 is 61.5% above this industry median. Based on the distribution chart, Ever Sunshine Services Group ranks #490 out of 1728 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ever Sunshine Services Group has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ever Sunshine Services Group's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ever Sunshine Services Group ranks #490 out of 1728 companies for Altman Z-Score. This puts Ever Sunshine Services Group in the upper half of its industry. The industry median Altman Z-Score is 1.30. Ever Sunshine Services Group's value of 2.10 is 61.5% above this benchmark. Historically, Ever Sunshine Services Group's own Altman Z-Score has ranged from 1.98 to 10.61 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.30, Ever Sunshine Services 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,728 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. Ever Sunshine Services Group's current Altman Z-Score of 2.10 is 61.5% 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 Ever Sunshine Services Group and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever Sunshine Services Group's current Altman Z-Score is 2.10, which is 40% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever Sunshine Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ever Sunshine Services Group (HKSE:01995) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.09, compared to a current price of HK$1.75 — trading 16.5% below its estimated fair value. The current Altman Z-Score is 2.10, which is 40% below median its 10-year median of 3.51 and 61.5% above the Real Estate industry median of 1.30. Ever Sunshine Services Group's overall GF Score™ is 93/100 with 6 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 Ever Sunshine Services Group (HKSE:01995), the current Altman Z-Score is 2.10 as of Aug. 13, 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 Ever Sunshine Services Group (HKSE:01995) Overvalued in 2026?
Based on GuruFocus' analysis, Ever Sunshine Services Group stock appears to be undervalued.
The current stock price of HK$1.75 is trading 16.5% below its estimated GF Value™ of HK$2.09.
GuruFocus considers Ever Sunshine Services Group to be Modestly Undervalued.
Key valuation signals for HKSE:01995:
Altman Z-Score: 2.10 (40% below median its 10-year median of 3.51)
GF Value™: HK$2.09 vs. price of HK$1.75 (16.5% below fair value)
Industry Position: 61.5% above the Real Estate median (#490 of 1728)
No single metric tells the full story. See the HKSE:01995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ever Sunshine Services Group Ltd is engaged in the provision of property management services, community value-added services, value-added services to non-property owners and city services in the PRC. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. It provides its property management services in China where it generates the maximum revenue.
93GF 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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