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AustAsia GroupHKSE:02425 71 Altman Z-Score is 0.38 as of Aug. 12, 2026, which is 30% below its 10-year median of 0.54. GuruFocus rates HKSE:02425 with a GF Score™ of 71/100 and a GF Value™ of HK$1.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,932 Consumer Packaged Goods companies, AustAsia Group ranks worse than 90.48% 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.
Warning Sign:
Altman Z-score of 0.38 is in distress zone. This implies bankruptcy possibility in the next two years.
AustAsia Group has a Altman Z-Score of 0.38, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 AustAsia Group's Altman Z-Score or its related term are showing as below:
HKSE:02425'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.13 Med: 0.54 Max: 1.37
Current: 0.38
During the past 7 years, AustAsia Group's highest Altman Z-Score was 1.37. The lowest was 0.13. And the median was 0.54.
AustAsia Group (HKSE:02425) 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.
AustAsia Group Altman Z-Score Related Terms
AustAsia Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for AustAsia 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.
HKSE:02425 vs ADM, BG, TSN: Altman Z-Score Comparison
For the Farm Products subindustry, AustAsia 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.
AustAsia Group Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, AustAsia Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where AustAsia Group'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.
AustAsia 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
*
-0.1024
+
1.4
*
0.0139
+
3.3
*
-0.0508
+
0.6
*
0.3212
+
1.0
*
0.4619
=
0.38
* 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.
AustAsia Group (HKSE:02425) has a Altman Z-Score of 0.38 as of Aug. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on AustAsia Group and its competitors. This is 30% below median its historical median of 0.54. Over the past decade, AustAsia Group's Altman Z-Score has ranged from 0.13 to 1.37. According to the industry distribution chart, AustAsia Group ranks #1748 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 90.5%.
Is AustAsia Group's Altman Z-Score too high?
AustAsia Group's current Altman Z-Score of 0.38 is 30% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.37. The Consumer Packaged Goods industry median Altman Z-Score is 2.90. AustAsia Group's value of 0.38 is 86.9% below this industry median. Based on the distribution chart, AustAsia Group ranks #1748 out of 1932 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, AustAsia Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AustAsia Group's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, AustAsia Group ranks #1748 out of 1932 companies for Altman Z-Score. This places AustAsia Group in the lower half of its industry. The industry median Altman Z-Score is 2.90. AustAsia Group's value of 0.38 is 86.9% below this benchmark. Historically, AustAsia Group's own Altman Z-Score has ranged from 0.13 to 1.37 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 2.90, AustAsia Group has consistently been below 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.90, based on 1,932 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. AustAsia Group's current Altman Z-Score of 0.38 is 86.9% below 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 AustAsia Group and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AustAsia Group's current Altman Z-Score is 0.38, which is 30% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AustAsia Group stock overvalued right now?
Based on GuruFocus' analysis, AustAsia Group (HKSE:02425) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.22, compared to a current price of HK$1.99 — trading 63.1% above its estimated fair value. The current Altman Z-Score is 0.38, which is 30% below median its 10-year median of 0.54 and 86.9% below the Consumer Packaged Goods industry median of 2.90. AustAsia Group's overall GF Score™ is 71/100 with 8 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 AustAsia Group (HKSE:02425), the current Altman Z-Score is 0.38 as of Aug. 12, 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 AustAsia Group (HKSE:02425) Overvalued in 2026?
Based on GuruFocus' analysis, AustAsia Group stock appears to be overvalued.
The current stock price of HK$1.99 is trading 63.1% above its estimated GF Value™ of HK$1.22.
GuruFocus considers AustAsia Group to be Significantly Overvalued.
Key valuation signals for HKSE:02425:
Altman Z-Score: 0.38 (30% below median its 10-year median of 0.54)
GF Value™: HK$1.22 vs. price of HK$1.99 (63.1% above fair value)
Industry Position: 86.9% below the Consumer Packaged Goods median (#1748 of 1932)
No single metric tells the full story. See the HKSE:02425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AustAsia Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the production and sales of raw milk, beef cattle, and feed products, and the distribution and sales of milk products in the People's Republic of China. The company's reportable operating segments are: the raw milk business for the production and sales of raw milk; the beef cattle business for raising and sales of beef cattle; and the ancillary business for sales of milk products, feed products, and others. Maximum revenue for the company is generated from its Raw milk segment. Geographically, the company derives its revenue from Mainland China.
71GF Score
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