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Easy Smart Group HoldingsHKSE:02442 -0.45%68 Altman Z-Score is 1,069.24 as of Jul. 29, 2026, which is 6164% above its 10-year median of 17.07. GuruFocus rates HKSE:02442 with a GF Score™ of 68/100 and a GF Value™ of HK$1.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,060 Business Services companies, Easy Smart Group Holdings ranks better than 99.62% 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 1069.24 is strong.
Easy Smart Group Holdings has a Altman Z-Score of 1,069.24, 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 Easy Smart Group Holdings's Altman Z-Score or its related term are showing as below:
HKSE:02442'
s Altman Z-Score Range Over the Past 10 Years
Min: 16.5 Med: 17.07 Max: 1069.24
Current: 1069.24
During the past 6 years, Easy Smart Group Holdings's highest Altman Z-Score was 1069.24. The lowest was 16.50. And the median was 17.07.
Easy Smart Group Holdings (HKSE:02442) 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:02442 vs ALLE, MSA, ADT: Altman Z-Score Comparison
For the Security & Protection Services subindustry, Easy Smart Group 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.
Easy Smart Group Holdings Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Easy Smart Group Holdings's Altman Z-Score falls into.
Easy Smart Group Holdings 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.
Easy Smart Group Holdings (HKSE:02442) has a Altman Z-Score of 1,069.24 as of Jul. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Easy Smart Group Holdings and its competitors. This is 6164% above median its historical median of 17.07. Over the past decade, Easy Smart Group Holdings' Altman Z-Score has ranged from 16.50 to 1,069.24. According to the industry distribution chart, Easy Smart Group Holdings ranks #4 out of 1060 companies in the Business Services industry, placing it in the top 0.40000000000001%.
Is Easy Smart Group Holdings' Altman Z-Score too high?
Easy Smart Group Holdings' current Altman Z-Score of 1,069.24 is 6164% above median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 16.50 to a high of 1,069.24. The Business Services industry median Altman Z-Score is 2.93. Easy Smart Group Holdings' value of 1,069.24 is 36392.8% above this industry median. Based on the distribution chart, Easy Smart Group Holdings ranks #4 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Easy Smart Group Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Smart Group Holdings' Altman Z-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, Easy Smart Group Holdings ranks #4 out of 1060 companies for Altman Z-Score. This places Easy Smart Group Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.93. Easy Smart Group Holdings' value of 1,069.24 is 36392.8% above this benchmark. Historically, Easy Smart Group Holdings' own Altman Z-Score has ranged from 16.50 to 1,069.24 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 2.93, Easy Smart Group 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.93, based on 1,060 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. Easy Smart Group Holdings's current Altman Z-Score of 1,069.24 is 36392.8% 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 Easy Smart Group Holdings and its competitors. For the Business Services industry, the median Altman Z-Score is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Easy Smart Group Holdings's current Altman Z-Score is 1,069.24, which is 6164% above median its own 10-year median of 17.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easy Smart Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Easy Smart Group Holdings (HKSE:02442) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.09, compared to a current price of HK$66.55 — trading 6005.5% above its estimated fair value. The current Altman Z-Score is 1,069.24, which is 6164% above median its 10-year median of 17.07 and 36392.8% above the Business Services industry median of 2.93. Easy Smart Group Holdings' overall GF Score™ is 68/100 with 7 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 Easy Smart Group Holdings (HKSE:02442), the current Altman Z-Score is 1,069.24 as of Jul. 29, 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 Easy Smart Group Holdings (HKSE:02442) Overvalued in 2026?
Based on GuruFocus' analysis, Easy Smart Group Holdings stock appears to be overvalued.
The current stock price of HK$66.55 is trading 6005.5% above its estimated GF Value™ of HK$1.09.
GuruFocus considers Easy Smart Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02442:
Altman Z-Score: 1,069.24 (6164% above median its 10-year median of 17.07)
GF Value™: HK$1.09 vs. price of HK$66.55 (6005.5% above fair value)
Industry Position: 36392.8% above the Business Services median (#4 of 1060)
No single metric tells the full story. See the HKSE:02442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services. The company generates key revenue from Public sector projects.
68GF Score
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