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 3.35 is strong.
Synnex Technology International has a Altman Z-Score of 3.21, 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 Synnex Technology International's Altman Z-Score or its related term are showing as below:
LUX:SYNEX'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.04 Med: 3.18 Max: 3.53
Current: 3.35
During the past 13 years, Synnex Technology International's highest Altman Z-Score was 3.53. The lowest was 3.04. And the median was 3.18.
Synnex Technology International (LUX:SYNEX) 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.
* 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.
Synnex Technology International Altman Z-Score Chart
LUX:SYNEX vs SNX, ARW, AVT: Altman Z-Score Comparison
For the Electronics & Computer Distribution subindustry, Synnex Technology International'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.
Synnex Technology International Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Synnex Technology International's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Synnex Technology International's Altman Z-Score falls into.
Synnex Technology International 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.
* 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.
Synnex Technology International (LUX:SYNEX) has a Altman Z-Score of 3.21 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Synnex Technology International and its competitors. This is near median its historical median of 3.18. Over the past decade, Synnex Technology International's Altman Z-Score has ranged from 3.04 to 3.53. According to the industry distribution chart, Synnex Technology International ranks #1299 out of 2459 companies in the Hardware industry, placing it in the top 52.8%.
Is Synnex Technology International's Altman Z-Score too high?
Synnex Technology International's current Altman Z-Score of 3.21 is near median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 3.53. The Hardware industry median Altman Z-Score is 3.60. Synnex Technology International's value of 3.21 is 10.8% below this industry median. Based on the distribution chart, Synnex Technology International ranks #1299 out of 2459 companies in the Hardware industry, which is below the industry midpoint. Overall, Synnex Technology International has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Synnex Technology International's Altman Z-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Synnex Technology International ranks #1299 out of 2459 companies for Altman Z-Score. This places Synnex Technology International in the lower half of its industry. The industry median Altman Z-Score is 3.60. Synnex Technology International's value of 3.21 is 10.8% below this benchmark. Historically, Synnex Technology International's own Altman Z-Score has ranged from 3.04 to 3.53 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 3.60, Synnex Technology International 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 3.60, based on 2,459 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. Synnex Technology International's current Altman Z-Score of 3.21 is 10.8% 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 Synnex Technology International and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synnex Technology International's current Altman Z-Score is 3.21, which is near median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synnex Technology International stock overvalued right now?
Synnex Technology International (LUX:SYNEX) has a current Altman Z-Score of 3.21. The stock's GF Value™ is $8.14, compared to a current price of $9.05 — trading 11.2% above its estimated fair value. The current Altman Z-Score is 3.21, which is near median its 10-year median of 3.18 and 10.8% below the Hardware industry median of 3.60. Synnex Technology International's overall GF Score™ is 76/100 with 6 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 Synnex Technology International (LUX:SYNEX), the current Altman Z-Score is 3.21 as of Jun. 30, 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 Synnex Technology International (LUX:SYNEX) Overvalued in 2026?
Based on GuruFocus' analysis, Synnex Technology International stock appears to be overvalued.
The current stock price of $9.05 is trading 11.2% above its estimated GF Value™ of $8.14.
Key valuation signals for LUX:SYNEX:
Altman Z-Score: 3.21 (near median its 10-year median of 3.18)
GF Value™: $8.14 vs. price of $9.05 (11.2% above fair value)
Industry Position: 10.8% below the Hardware median (#1299 of 2459)
No single metric tells the full story. See the LUX:SYNEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Synnex Technology International Business Description
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, and semiconductor products. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, of which China and Hong Kong are the key sources of revenue.
76GF Score
Get the complete analysis for LUX:SYNEX
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
LUX:SYNEX has been successfully added to your 
