Quinco Holdings (MAL:QNC) Altman Z-Score: 0.95 (As of Jul. 16, 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.

MAL:QNC Quinco Holdings PLC MAL:QNC
25 GF Score
Price €0.88
! 1 Warning Sign
View Full Analysis

What is Quinco Holdings Altman Z-Score?

Quinco Holdings MAL:QNC 25 Altman Z-Score is 0.95 as of Jul. 16, 2026. GuruFocus rates MAL:QNC with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 309 Retail - Defensive companies, Quinco Holdings ranks worse than 323624.27% 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.

Quinco Holdings has a Altman Z-Score of 0.95, 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 Quinco Holdings's Altman Z-Score or its related term are showing as below:


Quinco Holdings  (MAL:QNC) 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.


Quinco Holdings Altman Z-Score Related Terms


Quinco Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Quinco 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.

Quinco Holdings Altman Z-Score Chart

Quinco Holdings Annual Data
Trend Dec24
Altman Z-Score
0.00

Quinco Holdings Semi-Annual Data
Dec24 Dec25
Altman Z-Score 0.00 0.00

MAL:QNC vs SYY, USFD, PFGC: Altman Z-Score Comparison

For the Food Distribution subindustry, Quinco 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.


Quinco Holdings Altman Z-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Quinco Holdings's Altman Z-Score distribution charts can be found below:

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


MAL:QNC
25GF Score
Quinco Holdings PLC MAL:QNC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quinco Holdings 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.

Quinco 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*-0.1989+1.4*0.0005+3.3*0.0007+0.6*1.9664+1.0*0.0041
=0.95

* 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 Dec. 2024:
Total Assets was €62.94 Mil.
Total Current Assets was €3.59 Mil.
Total Current Liabilities was €16.11 Mil.
Retained Earnings was €0.03 Mil.
Pre-Tax Income was €0.05 Mil.
Interest Expense was €0.00 Mil.
Revenue was €0.26 Mil.
Market Cap (Today) was €31.68 Mil.
Total Liabilities was €16.11 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
=(3.593 - 16.109)/62.941
=-0.1989

X2=Retained Earnings/Total Assets
=0.03/62.941
=0.0005

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.046 - 0)/62.941
=0.0007

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=31.680/16.111
=1.9664

X5=Revenue/Total Assets
=0.259/62.941
=0.0041

The zones of discrimination were as such:

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

Quinco Holdings has a Altman Z-Score of 0.95 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 0.95 mean?
Quinco Holdings (MAL:QNC) has a Altman Z-Score of 0.95 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Quinco Holdings and its competitors. According to the industry distribution chart, Quinco Holdings ranks #999999 out of 309 companies in the Retail - Defensive industry.
Is Quinco Holdings' Altman Z-Score too high?
Quinco Holdings' current Altman Z-Score is 0.95. The Retail - Defensive industry median Altman Z-Score is 3.54. Quinco Holdings' value of 0.95 is 73.2% below this industry median. Based on the distribution chart, Quinco Holdings ranks #999999 out of 309 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Quinco Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Quinco Holdings' Altman Z-Score compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Quinco Holdings ranks #999999 out of 309 companies for Altman Z-Score. This places Quinco Holdings in the lower half of its industry. The industry median Altman Z-Score is 3.54. Quinco Holdings' value of 0.95 is 73.2% 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.54, based on 309 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. Quinco Holdings's current Altman Z-Score of 0.95 is 73.2% 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 Quinco Holdings and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quinco Holdings's current Altman Z-Score is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quinco Holdings stock overvalued right now?
Quinco Holdings (MAL:QNC) has a current Altman Z-Score of 0.95. The current Altman Z-Score is 0.95 and 73.2% below the Retail - Defensive industry median of 3.54. Quinco Holdings' overall GF Score™ is 25/100 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 Quinco Holdings (MAL:QNC), the current Altman Z-Score is 0.95 as of Jul. 16, 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.

Quinco Holdings Business Description

Address Mdina Road Zone 2, The Brewery, Central Business District, Birkirkara, MLT, CBD 2010
Quinco Holdings PLC operates as a holding company that consolidates food franchise operations and import/distribution activities of brands in Malta. It operates popular quick-service restaurant franchises like Burger King, KFC, and Pizza Hut.
25GF Score

Get the complete analysis for MAL:QNC

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

€0.88
Price