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ECI Technology HoldingsHKSE:08013 Altman Z-Score is 7.32 as of Aug. 13, 2026, which is 26% above its 10-year median of 5.79. The stock has 5 warning signs investors should review. Among 1,059 Business Services companies, ECI Technology Holdings ranks better than 85.84% 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 7.32 is strong.
ECI Technology Holdings has a Altman Z-Score of 7.32, 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 ECI Technology Holdings's Altman Z-Score or its related term are showing as below:
HKSE:08013'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.47 Med: 5.79 Max: 13.64
Current: 7.32
During the past 11 years, ECI Technology Holdings's highest Altman Z-Score was 13.64. The lowest was 3.47. And the median was 5.79.
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:08013 vs CTAS, CPRT, GPN: Altman Z-Score Comparison
For the Specialty Business Services subindustry, ECI Technology 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.
ECI Technology Holdings Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, ECI Technology Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where ECI Technology 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.
* 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.
ECI Technology Holdings (HKSE:08013) has a Altman Z-Score of 7.32 as of Aug. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ECI Technology Holdings and its competitors. This is 26% above median its historical median of 5.79. Over the past decade, ECI Technology Holdings' Altman Z-Score has ranged from 3.47 to 13.64. According to the industry distribution chart, ECI Technology Holdings ranks #150 out of 1059 companies in the Business Services industry, placing it in the top 14.2%.
Is ECI Technology Holdings' Altman Z-Score too high?
ECI Technology Holdings' current Altman Z-Score of 7.32 is 26% above median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 13.64. The Business Services industry median Altman Z-Score is 2.97. ECI Technology Holdings' value of 7.32 is 146.5% above this industry median. Based on the distribution chart, ECI Technology Holdings ranks #150 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does ECI Technology Holdings' Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, ECI Technology Holdings ranks #150 out of 1059 companies for Altman Z-Score. This places ECI Technology Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. ECI Technology Holdings' value of 7.32 is 146.5% above this benchmark. Historically, ECI Technology Holdings' own Altman Z-Score has ranged from 3.47 to 13.64 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 2.97, ECI Technology 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 2.97, based on 1,059 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. ECI Technology Holdings's current Altman Z-Score of 7.32 is 146.5% 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 ECI Technology Holdings and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECI Technology Holdings's current Altman Z-Score is 7.32, which is 26% above median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECI Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, ECI Technology Holdings (HKSE:08013) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.06 — trading 6.7% above its estimated fair value. The current Altman Z-Score is 7.32, which is 26% above median its 10-year median of 5.79 and 146.5% above the Business Services industry median of 2.97. 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 ECI Technology Holdings (HKSE:08013), the current Altman Z-Score is 7.32 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.
ECI Technology Holdings Ltd provides ELV solutions in Hong Kong, including CCTV, fire alarm, public address, audio/video, access control, car park and clubhouse management systems. Its solutions cover LoRa next-generation wireless transmission technology, car charging systems, IoT and AI systems, closed-circuit television, license plate recognition, communication broadcasting, security systems and services, public ticketing and visitor systems, and the Octopus Parking System. The Group offers consultation, design, integration, implementation and maintenance services for private and public sector clients. Its operating and reportable segments are installation and maintenance services, generating the majority of revenue, security guarding services, and electric vehicle charging operation.
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