Legend HoldingsLGNRF 78 Altman Z-Score is 0.76 as of Jun. 26, 2026, which is 7% above its 10-year median of 0.71. GuruFocus rates LGNRF with a GF Score™ of 78/100 and a GF Value™ of $0.79. The stock has 7 warning signs investors should review. Among 2,456 Hardware companies, Legend Holdings ranks worse than 89.58% 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.
Warning Sign:
Altman Z-score of 0.76 is in distress zone. This implies bankruptcy possibility in the next two years.
Legend Holdings has a Altman Z-Score of 0.76, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Legend Holdings's Altman Z-Score or its related term are showing as below:
LGNRF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.55 Med: 0.71 Max: 1.23
Current: 0.76
During the past 12 years, Legend Holdings's highest Altman Z-Score was 1.23. The lowest was 0.55. And the median was 0.71.
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.
Legend Holdings Altman Z-Score Related Terms
Legend Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Legend 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.
LGNRF vs DELL, SNDK, ANET: Altman Z-Score Comparison
For the Computer Hardware subindustry, 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.
Legend Holdings Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Legend Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Legend 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.
Legend 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
*
-0.1836
+
1.4
*
0.0569
+
3.3
*
0.0247
+
0.6
*
0.0495
+
1.0
*
0.7917
=
0.76
* 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.
Legend Holdings (LGNRF) has a Altman Z-Score of 0.76 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Legend Holdings and its competitors. This is near median its historical median of 0.71. Over the past decade, Legend Holdings' Altman Z-Score has ranged from 0.55 to 1.23. According to the industry distribution chart, Legend Holdings ranks #2200 out of 2456 companies in the Hardware industry, placing it in the top 89.6%.
Is Legend Holdings' Altman Z-Score too high?
Legend Holdings' current Altman Z-Score of 0.76 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.23. The Hardware industry median Altman Z-Score is 3.69. Legend Holdings' value of 0.76 is 79.4% below this industry median. Based on the distribution chart, Legend Holdings ranks #2200 out of 2456 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Legend Holdings has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Legend Holdings' Altman Z-Score compare to DELL and SNDK?
According to the Hardware industry distribution chart, Legend Holdings ranks #2200 out of 2456 companies for Altman Z-Score. This places Legend Holdings in the lower half of its industry. The industry median Altman Z-Score is 3.69. Legend Holdings' value of 0.76 is 79.4% below this benchmark. Historically, Legend Holdings' own Altman Z-Score has ranged from 0.55 to 1.23 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 3.69, Legend Holdings has consistently been below 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.69, based on 2,456 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. Legend Holdings's current Altman Z-Score of 0.76 is 79.4% 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 Legend Holdings and its competitors. For the Hardware industry, the median Altman Z-Score is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legend Holdings's current Altman Z-Score is 0.76, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Holdings stock overvalued right now?
Legend Holdings (LGNRF) has a current Altman Z-Score of 0.76. The stock's GF Value™ is $0.79, compared to a current price of $1.13 — trading 43% above its estimated fair value. The current Altman Z-Score is 0.76, which is near median its 10-year median of 0.71 and 79.4% below the Hardware industry median of 3.69. Legend Holdings' overall GF Score™ is 78/100 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 Legend Holdings (LGNRF), the current Altman Z-Score is 0.76 as of Jun. 26, 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 Legend Holdings (LGNRF) Overvalued in 2026?
Based on GuruFocus' analysis, Legend Holdings stock appears to be overvalued.
The current stock price of $1.13 is trading 43% above its estimated GF Value™ of $0.79.
Key valuation signals for LGNRF:
Altman Z-Score: 0.76 (near median its 10-year median of 0.71)
GF Value™: $0.79 vs. price of $1.13 (43% above fair value)
Industry Position: 79.4% below the Hardware median (#2200 of 2456)
No single metric tells the full story. See the LGNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legend Holdings Ltd is a diversified industrial and investment group in China. It operates businesses through two segments: diversified industries operation, and industrial incubations and investments. The Industrial operations segment includes Lenovo, which is engaged in providing intelligent devices and infrastructure, and creates intelligent solutions, services and software; Levima Group, which is engaged in the research and development, production and sales of material products; Joyvio Group, which operates mainly to engaged in modern agriculture and food related business; and BIL, which mainly offers integrated banking services, including corporate and institutional banking, retail banking, private banking, capital markets, etc. It derives the majority of its revenue from Lenovo.
78GF Score
Get the complete analysis for LGNRF
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LGNRF has been successfully added to your 
