LNKS (Linkers Industries) Altman Z-Score: 1.68 (As of Jun. 29, 2026) — 36% Below Median


LNKS Linkers Industries Ltd LNKS
14 GF Score
Price $1.68
! 2 Warning Signs
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What is Linkers Industries Altman Z-Score?

Linkers Industries LNKS -9.68% 14 Altman Z-Score is 1.68 as of Jun. 29, 2026, which is 36% below its 10-year median of 2.64. GuruFocus rates LNKS with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 3,005 Industrial Products companies, Linkers Industries ranks worse than 78.54% 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 1.76 is in distress zone. This implies bankruptcy possibility in the next two years.

Linkers Industries has a Altman Z-Score of 1.68, 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 Linkers Industries's Altman Z-Score or its related term are showing as below:

LNKS' s Altman Z-Score Range Over the Past 10 Years
Min: 1.76   Med: 2.64   Max: 2.64
Current: 1.76

During the past 4 years, Linkers Industries's highest Altman Z-Score was 2.64. The lowest was 1.76. And the median was 2.64.


Linkers Industries  (NAS:LNKS) 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.


Linkers Industries Altman Z-Score Related Terms


Linkers Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Linkers Industries'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.

Linkers Industries Altman Z-Score Chart

Linkers Industries Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Altman Z-Score
0.00 0.00 0.00 2.64

Linkers Industries Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 2.64 0.00

LNKS vs RAYA, CCTG, ELPW: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, Linkers Industries'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.


Linkers Industries Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Linkers Industries's Altman Z-Score distribution charts can be found below:

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


LNKS
14GF Score
Linkers Industries Ltd LNKS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Linkers Industries 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.

Linkers Industries'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*0.7255+1.4*-0.0029+3.3*-0.0974+0.6*1.1269+1.0*0.4631
=1.68

* 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 $11.42 Mil.
Total Current Assets was $10.52 Mil.
Total Current Liabilities was $2.23 Mil.
Retained Earnings was $-0.03 Mil.
Pre-Tax Income was $-1.15 Mil.
Interest Expense was $-0.04 Mil.
Revenue was $5.29 Mil.
Market Cap (Today) was $2.70 Mil.
Total Liabilities was $2.40 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
=(10.518 - 2.231)/11.422
=0.7255

X2=Retained Earnings/Total Assets
=-0.033/11.422
=-0.0029

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.153 - -0.041)/11.422
=-0.0974

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2.699/2.395
=1.1269

X5=Revenue/Total Assets
=5.29/11.422
=0.4631

The zones of discrimination were as such:

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

Linkers Industries has a Altman Z-Score of 1.68 indicating it is in Distress 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 1.68 mean?
Linkers Industries (LNKS) has a Altman Z-Score of 1.68 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Linkers Industries and its competitors. This is 36% below median its historical median of 2.64. Over the past decade, Linkers Industries' Altman Z-Score has ranged from 1.76 to 2.64. According to the industry distribution chart, Linkers Industries ranks #2360 out of 3005 companies in the Industrial Products industry, placing it in the top 78.5%.
Is Linkers Industries' Altman Z-Score too high?
Linkers Industries' current Altman Z-Score of 1.68 is 36% below median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 2.64. The Industrial Products industry median Altman Z-Score is 3.33. Linkers Industries' value of 1.68 is 49.5% below this industry median. Based on the distribution chart, Linkers Industries ranks #2360 out of 3005 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Linkers Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Linkers Industries' Altman Z-Score compare to RAYA and CCTG?
According to the Industrial Products industry distribution chart, Linkers Industries ranks #2360 out of 3005 companies for Altman Z-Score. This places Linkers Industries in the lower half of its industry. The industry median Altman Z-Score is 3.33. Linkers Industries' value of 1.68 is 49.5% below this benchmark. Historically, Linkers Industries' own Altman Z-Score has ranged from 1.76 to 2.64 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 3.33, Linkers Industries 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.33, based on 3,005 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. Linkers Industries's current Altman Z-Score of 1.68 is 49.5% 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 Linkers Industries and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linkers Industries's current Altman Z-Score is 1.68, which is 36% below median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkers Industries stock overvalued right now?
Linkers Industries (LNKS) has a current Altman Z-Score of 1.68. The current Altman Z-Score is 1.68, which is 36% below median its 10-year median of 2.64 and 49.5% below the Industrial Products industry median of 3.33. Linkers Industries' overall GF Score™ is 14/100 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 Linkers Industries (LNKS), the current Altman Z-Score is 1.68 as of Jun. 29, 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.

Linkers Industries Business Description

Address Jalan 2A-3, Jalan 2A, Lot A99, A101 and A102, Kawasan Perusahaan MIEL, Sungai Lalang, Sungai Petani, KDH, MYS, 08000
Linkers Industries Ltd is a company that acts as both a manufacturer and supplier of wire and cable harnesses (an assembly of wires/cables bound together with straps, cable ties, and electrical tape to transmit signals or electrical power), with its manufacturing operations based in Malaysia. Its customers are mainly manufacturers and original equipment manufacturers (OEMs) in the home appliances, industrial products, and automotive industries that are mainly based in the Asia Pacific Region. The company works closely with customers in each stage of a product's life cycle, including design, prototyping, and production. Geographically, it generates maximum revenue from Thailand, followed by Malaysia, Switzerland, the United States of America, and other regions.
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