Select Technologies (KAR:SELECT) Altman Z-Score: 2.36 (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:SELECT Select Technologies Ltd KAR:SELECT
17 GF Score
Price ₨26.53
! 2 Warning Signs
View Full Analysis

What is Select Technologies Altman Z-Score?

Select Technologies KAR:SELECT -4.05% 17 Altman Z-Score is 2.36 as of Sep. 11, 2026. GuruFocus rates KAR:SELECT with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,451 Hardware companies, Select Technologies ranks worse than 40799.63% 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.

Select Technologies has a Altman Z-Score of 2.36, indicating it is in Grey Zones. This implies that Select Technologies is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Select Technologies's Altman Z-Score or its related term are showing as below:


Select Technologies  (KAR:SELECT) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Select Technologies Altman Z-Score Related Terms


Select Technologies Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Select Technologies'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.

Select Technologies Altman Z-Score Chart

Select Technologies Annual Data
Trend Jun24 Jun25
Altman Z-Score
0.00 0.00

Select Technologies Semi-Annual Data
Jun24 Jun25
Altman Z-Score 0.00 0.00

KAR:SELECT vs AAPL: Altman Z-Score Comparison

For the Consumer Electronics subindustry, Select Technologies'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.


Select Technologies Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Select Technologies's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Select Technologies's Altman Z-Score falls into.


KAR:SELECT
17GF Score
Select Technologies Ltd KAR:SELECT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Select Technologies 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.

Select Technologies'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*0.0373+1.4*0.0749+3.3*0.1144+0.6*0.8802+1.0*1.3001
=2.36

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was ₨37,608 Mil.
Total Current Assets was ₨26,263 Mil.
Total Current Liabilities was ₨24,860 Mil.
Retained Earnings was ₨2,818 Mil.
Pre-Tax Income was ₨2,093 Mil.
Interest Expense was ₨-2,210 Mil.
Revenue was ₨48,893 Mil.
Market Cap (Today) was ₨23,582 Mil.
Total Liabilities was ₨26,791 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(26262.644 - 24859.805)/37608.127
=0.0373

X2=Retained Earnings/Total Assets
=2817.508/37608.127
=0.0749

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2093.298 - -2209.543)/37608.127
=0.1144

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=23582.222/26790.619
=0.8802

X5=Revenue/Total Assets
=48892.699/37608.127
=1.3001

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Select Technologies has a Altman Z-Score of 2.36 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.36 mean?
Select Technologies (KAR:SELECT) has a Altman Z-Score of 2.36 as of Sep. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Select Technologies and its competitors. According to the industry distribution chart, Select Technologies ranks #999999 out of 2451 companies in the Hardware industry.
Is Select Technologies' Altman Z-Score too high?
Select Technologies' current Altman Z-Score is 2.36. The Hardware industry median Altman Z-Score is 3.32. Select Technologies' value of 2.36 is 28.9% below this industry median. Based on the distribution chart, Select Technologies ranks #999999 out of 2451 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Select Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Select Technologies' Altman Z-Score compare to AAPL?
According to the Hardware industry distribution chart, Select Technologies ranks #999999 out of 2451 companies for Altman Z-Score. This places Select Technologies in the lower half of its industry. The industry median Altman Z-Score is 3.32. Select Technologies' value of 2.36 is 28.9% below this benchmark. 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.32, based on 2,451 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. Select Technologies's current Altman Z-Score of 2.36 is 28.9% below 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 Select Technologies and its competitors. For the Hardware industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Select Technologies's current Altman Z-Score is 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Select Technologies stock overvalued right now?
Select Technologies (KAR:SELECT) has a current Altman Z-Score of 2.36. The current Altman Z-Score is 2.36 and 28.9% below the Hardware industry median of 3.32. Select Technologies' overall GF Score™ is 17/100 with 2 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 Select Technologies (KAR:SELECT), the current Altman Z-Score is 2.36 as of Sep. 11, 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.

Select Technologies Business Description

Address 152-1-M Quaid-e-Azam Industrial Area, Kot Lakhpat, Lahore, PB, PAK
Select Technologies Ltd is a Pakistan-based company. The Company is engaged in the manufacturing and assembly of smartphones and other consumer appliances in Pakistan. The idea is to promote 'Made in Pakistan' products and to create employment opportunities for skilled and unskilled labour.
17GF Score

Get the complete analysis for KAR:SELECT

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨26.53
Price