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Star Plus Legend HoldingsHKSE:06683 -2.60%71 Altman Z-Score is 7.60 as of Sep. 02, 2026, which is 30% below its 10-year median of 10.86. GuruFocus rates HKSE:06683 with a GF Score™ of 71/100 and a GF Value™ of HK$7.76 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,937 Consumer Packaged Goods companies, Star Plus Legend Holdings ranks better than 86.63% 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 7.6 is strong.
Star Plus Legend Holdings has a Altman Z-Score of 7.60, 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 Star Plus Legend Holdings's Altman Z-Score or its related term are showing as below:
HKSE:06683'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.6 Med: 10.86 Max: 17.5
Current: 7.6
During the past 7 years, Star Plus Legend Holdings's highest Altman Z-Score was 17.50. The lowest was 7.60. And the median was 10.86.
Star Plus Legend Holdings (HKSE:06683) 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.
For the Packaged Foods subindustry, Star Plus Legend 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.
Star Plus Legend Holdings Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Star Plus Legend Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Star Plus Legend Holdings's Altman Z-Score falls into.
Star Plus Legend 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.
Star Plus Legend Holdings (HKSE:06683) has a Altman Z-Score of 7.60 as of Sep. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Star Plus Legend Holdings and its competitors. This is 30% below median its historical median of 10.86. Over the past decade, Star Plus Legend Holdings' Altman Z-Score has ranged from 7.60 to 17.50. According to the industry distribution chart, Star Plus Legend Holdings ranks #259 out of 1937 companies in the Consumer Packaged Goods industry, placing it in the top 13.4%.
Is Star Plus Legend Holdings' Altman Z-Score too high?
Star Plus Legend Holdings' current Altman Z-Score of 7.60 is 30% below median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 7.60 to a high of 17.50. The Consumer Packaged Goods industry median Altman Z-Score is 2.92. Star Plus Legend Holdings' value of 7.60 is 160.3% above this industry median. Based on the distribution chart, Star Plus Legend Holdings ranks #259 out of 1937 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Star Plus Legend Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Star Plus Legend Holdings' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Star Plus Legend Holdings ranks #259 out of 1937 companies for Altman Z-Score. This places Star Plus Legend Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.92. Star Plus Legend Holdings' value of 7.60 is 160.3% above this benchmark. Historically, Star Plus Legend Holdings' own Altman Z-Score has ranged from 7.60 to 17.50 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 2.92, Star Plus Legend 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.92, based on 1,937 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. Star Plus Legend Holdings's current Altman Z-Score of 7.60 is 160.3% 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 Star Plus Legend Holdings and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Plus Legend Holdings's current Altman Z-Score is 7.60, which is 30% below median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Plus Legend Holdings stock overvalued right now?
Based on GuruFocus' analysis, Star Plus Legend Holdings (HKSE:06683) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.76, compared to a current price of HK$3.94 — trading 49.3% below its estimated fair value. The current Altman Z-Score is 7.60, which is 30% below median its 10-year median of 10.86 and 160.3% above the Consumer Packaged Goods industry median of 2.92. Star Plus Legend Holdings' 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 Star Plus Legend Holdings (HKSE:06683), the current Altman Z-Score is 7.60 as of Sep. 02, 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 Star Plus Legend Holdings (HKSE:06683) Overvalued in 2026?
Based on GuruFocus' analysis, Star Plus Legend Holdings stock appears to be undervalued.
The current stock price of HK$3.94 is trading 49.3% below its estimated GF Value™ of HK$7.76.
GuruFocus considers Star Plus Legend Holdings to be Possible Value Trap.
Key valuation signals for HKSE:06683:
Altman Z-Score: 7.60 (30% below median its 10-year median of 10.86)
GF Value™: HK$7.76 vs. price of HK$3.94 (49.3% below fair value)
Industry Position: 160.3% above the Consumer Packaged Goods median (#259 of 1937)
No single metric tells the full story. See the HKSE:06683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company develops and sells health management products and skincare products. It has two segments, namely the new retail segment, which develops and sells health management and skincare products through various online and offline channels; and the IP creation and operation segment, where the Group creates and manages celebrity IPs, provides planning and management services to the production of media contents and events and licenses its celebrity IPs and sells related products. The majority of revenue is derived from the New retail business.
71GF Score
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