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EDICO HoldingsHKSE:08450 +13.08%31 Altman Z-Score is 12.13 as of Aug. 27, 2026, which is 410% above its 10-year median of 2.38. GuruFocus rates HKSE:08450 with a GF Score™ of 31/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,062 Business Services companies, EDICO Holdings ranks better than 92.47% 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 12.37 is strong.
EDICO Holdings has a Altman Z-Score of 12.13, 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 EDICO Holdings's Altman Z-Score or its related term are showing as below:
HKSE:08450'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.65 Med: 2.38 Max: 12.37
Current: 12.37
During the past 11 years, EDICO Holdings's highest Altman Z-Score was 12.37. The lowest was 1.65. And the median was 2.38.
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.
EDICO Holdings Altman Z-Score Related Terms
EDICO Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for EDICO Holdings'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:08450 vs CTAS, CPRT, GPN: Altman Z-Score Comparison
For the Specialty Business Services subindustry, EDICO 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.
EDICO Holdings Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, EDICO Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where EDICO 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.
EDICO Holdings'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
*
0.4562
+
1.4
*
0
+
3.3
*
-0.1481
+
0.6
*
19.2994
+
1.0
*
0.4922
=
12.13
* 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.
EDICO Holdings (HKSE:08450) has a Altman Z-Score of 12.13 as of Aug. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on EDICO Holdings and its competitors. This is 410% above median its historical median of 2.38. Over the past decade, EDICO Holdings' Altman Z-Score has ranged from 1.65 to 12.37. According to the industry distribution chart, EDICO Holdings ranks #80 out of 1062 companies in the Business Services industry, placing it in the top 7.5%.
Is EDICO Holdings' Altman Z-Score too high?
EDICO Holdings' current Altman Z-Score of 12.13 is 410% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 12.37. The Business Services industry median Altman Z-Score is 2.96. EDICO Holdings' value of 12.13 is 309.8% above this industry median. Based on the distribution chart, EDICO Holdings ranks #80 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, EDICO Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EDICO Holdings' Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, EDICO Holdings ranks #80 out of 1062 companies for Altman Z-Score. This places EDICO Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.96. EDICO Holdings' value of 12.13 is 309.8% above this benchmark. Historically, EDICO Holdings' own Altman Z-Score has ranged from 1.65 to 12.37 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.96, EDICO 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 2.96, based on 1,062 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. EDICO Holdings's current Altman Z-Score of 12.13 is 309.8% 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 EDICO Holdings and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EDICO Holdings's current Altman Z-Score is 12.13, which is 410% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EDICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, EDICO Holdings (HKSE:08450) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.74 — trading 568.2% above its estimated fair value. The current Altman Z-Score is 12.13, which is 410% above median its 10-year median of 2.38 and 309.8% above the Business Services industry median of 2.96. EDICO Holdings' overall GF Score™ is 31/100 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 EDICO Holdings (HKSE:08450), the current Altman Z-Score is 12.13 as of Aug. 27, 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 EDICO Holdings (HKSE:08450) Overvalued in 2026?
Based on GuruFocus' analysis, EDICO Holdings stock appears to be overvalued.
The current stock price of HK$0.74 is trading 568.2% above its estimated GF Value™ of HK$0.11.
GuruFocus considers EDICO Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08450:
Altman Z-Score: 12.13 (410% above median its 10-year median of 2.38)
GF Value™: HK$0.11 vs. price of HK$0.74 (568.2% above fair value)
Industry Position: 309.8% above the Business Services median (#80 of 1062)
No single metric tells the full story. See the HKSE:08450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EDICO Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of financial printing services, providing integrated printing services mainly for customers in the financial and capital markets. The company offers integrated services including typesetting and proofreading, translation, design, printing and binding, distribution, and media placement. It offers printing of documents encompassing corporate financial transactions, including listing-related documents, periodical reporting documents, compliance documents, and miscellaneous and marketing collaterals. Its segments are Financial Printing and Entertainment and Other, with the majority of revenue coming from Financial Printing. All of its revenue is generated from Hong Kong.
31GF Score
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