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Ocean One HoldingHKSE:09876 +3.81%83 Altman Z-Score is 27.07 as of Aug. 15, 2026, which is 148% above its 10-year median of 10.91. GuruFocus rates HKSE:09876 with a GF Score™ of 83/100 and a GF Value™ of HK$2.28 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,932 Consumer Packaged Goods companies, Ocean One Holding ranks better than 97.88% 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 27.07 is strong.
Ocean One Holding has a Altman Z-Score of 27.07, 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 Ocean One Holding's Altman Z-Score or its related term are showing as below:
HKSE:09876'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.56 Med: 10.91 Max: 34.77
Current: 27.07
During the past 11 years, Ocean One Holding's highest Altman Z-Score was 34.77. The lowest was 7.56. And the median was 10.91.
Ocean One Holding (HKSE:09876) 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.
Ocean One Holding Altman Z-Score Related Terms
Ocean One Holding Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Ocean One Holding'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.
For the Packaged Foods subindustry, Ocean One Holding'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.
Ocean One Holding Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean One Holding's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ocean One Holding'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.
Ocean One Holding'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
*
0.8045
+
1.4
*
0.6826
+
3.3
*
0.142
+
0.6
*
39.0057
+
1.0
*
1.2731
=
27.07
* 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.
Ocean One Holding (HKSE:09876) has a Altman Z-Score of 27.07 as of Aug. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ocean One Holding and its competitors. This is 148% above median its historical median of 10.91. Over the past decade, Ocean One Holding's Altman Z-Score has ranged from 7.56 to 34.77. According to the industry distribution chart, Ocean One Holding ranks #41 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 2.1%.
Is Ocean One Holding's Altman Z-Score too high?
Ocean One Holding's current Altman Z-Score of 27.07 is 148% above median its 10-year median of 10.91. Over the past 10 years, this metric has ranged from a low of 7.56 to a high of 34.77. The Consumer Packaged Goods industry median Altman Z-Score is 2.91. Ocean One Holding's value of 27.07 is 831.8% above this industry median. Based on the distribution chart, Ocean One Holding ranks #41 out of 1932 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean One Holding has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ocean One Holding's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ocean One Holding ranks #41 out of 1932 companies for Altman Z-Score. This places Ocean One Holding in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.91. Ocean One Holding's value of 27.07 is 831.8% above this benchmark. Historically, Ocean One Holding's own Altman Z-Score has ranged from 7.56 to 34.77 over the past decade. While the company's 10-year median is 10.91 vs. the industry median of 2.91, Ocean One Holding 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 2.91, 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. Ocean One Holding's current Altman Z-Score of 27.07 is 831.8% 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 Ocean One Holding and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean One Holding's current Altman Z-Score is 27.07, which is 148% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean One Holding stock overvalued right now?
Based on GuruFocus' analysis, Ocean One Holding (HKSE:09876) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$2.18 — trading 4.4% below its estimated fair value. The current Altman Z-Score is 27.07, which is 148% above median its 10-year median of 10.91 and 831.8% above the Consumer Packaged Goods industry median of 2.91. Ocean One Holding's overall GF Score™ is 83/100 with 1 warning sign 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 Ocean One Holding (HKSE:09876), the current Altman Z-Score is 27.07 as of Aug. 15, 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 Ocean One Holding (HKSE:09876) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean One Holding stock appears to be undervalued.
The current stock price of HK$2.18 is trading 4.4% below its estimated GF Value™ of HK$2.28.
GuruFocus considers Ocean One Holding to be Fairly Valued.
Key valuation signals for HKSE:09876:
Altman Z-Score: 27.07 (148% above median its 10-year median of 10.91)
GF Value™: HK$2.28 vs. price of HK$2.18 (4.4% below fair value)
Industry Position: 831.8% above the Consumer Packaged Goods median (#41 of 1932)
No single metric tells the full story. See the HKSE:09876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean One Holding Ltd is a frozen seafood importer and wholesaler in Hong Kong. The company offers frozen seafood products sourced from suppliers located overseas to Frozen Seafood Resellers and Frozen Seafood Catering Service Providers. The company offers a diverse and wide range of frozen seafood products, which include prawns, scallops, oysters, surf clams, fish, crabs, roe, octopuses, cuttlefish, and others. Geographically, it derives the majority of its revenue from Hong Kong.
83GF Score
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