MGRT (Mega Fortune Co) Altman Z-Score: 284.28 (As of Jul. 23, 2026) — 1769% Above Median

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MGRT Mega Fortune Co Ltd MGRT
24 GF Score
Price $98.99
! 1 Warning Sign
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What is Mega Fortune Co Altman Z-Score?

Mega Fortune Co MGRT +11.10% 24 Altman Z-Score is 284.28 as of Jul. 23, 2026, which is 1769% above its 10-year median of 15.21. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,766 Software companies, Mega Fortune Co ranks better than 99.78% 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.

Good Sign:

Altman Z-score of 258.66 is strong.

Mega Fortune Co has a Altman Z-Score of 284.28, 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 Mega Fortune Co's Altman Z-Score or its related term are showing as below:

MGRT' s Altman Z-Score Range Over the Past 10 Years
Min: 15.21   Med: 15.21   Max: 258.66
Current: 258.66

During the past 4 years, Mega Fortune Co's highest Altman Z-Score was 258.66. The lowest was 15.21. And the median was 15.21.


Mega Fortune Co  (NAS:MGRT) 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.


Mega Fortune Co Altman Z-Score Related Terms


Mega Fortune Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mega Fortune Co'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.

Mega Fortune Co Altman Z-Score Chart

Mega Fortune Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Altman Z-Score
0.00 0.00 0.00 15.21

Mega Fortune Co Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 15.21

MGRT vs VYX, GLOB, EFOR: Altman Z-Score Comparison

For the Information Technology Services subindustry, Mega Fortune Co'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.


Mega Fortune Co Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Mega Fortune Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Mega Fortune Co's Altman Z-Score falls into.


MGRT
24GF Score
Mega Fortune Co Ltd MGRT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Fortune Co 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.

Mega Fortune Co'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*0.5288+1.4*0.1699+3.3*0.1267+0.6*470.6476+1.0*0.6004
=284.28

* 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 Sep. 2025:
Total Assets was $18.46 Mil.
Total Current Assets was $12.28 Mil.
Total Current Liabilities was $2.51 Mil.
Retained Earnings was $3.14 Mil.
Pre-Tax Income was $2.32 Mil.
Interest Expense was $-0.02 Mil.
Revenue was $11.09 Mil.
Market Cap (Today) was $1,361.11 Mil.
Total Liabilities was $2.89 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
=(12.277 - 2.514)/18.463
=0.5288

X2=Retained Earnings/Total Assets
=3.136/18.463
=0.1699

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2.32 - -0.02)/18.463
=0.1267

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1361.113/2.892
=470.6476

X5=Revenue/Total Assets
=11.086/18.463
=0.6004

The zones of discrimination were as such:

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

Mega Fortune Co has a Altman Z-Score of 284.28 indicating it is in Safe 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 284.28 mean?
Mega Fortune Co (MGRT) has a Altman Z-Score of 284.28 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mega Fortune Co and its competitors. This is 1769% above median its historical median of 15.21. Over the past decade, Mega Fortune Co's Altman Z-Score has ranged from 15.21 to 258.66. According to the industry distribution chart, Mega Fortune Co ranks #6 out of 2766 companies in the Software industry, placing it in the top 0.2%.
Is Mega Fortune Co's Altman Z-Score too high?
Mega Fortune Co's current Altman Z-Score of 284.28 is 1769% above median its 10-year median of 15.21. Over the past 10 years, this metric has ranged from a low of 15.21 to a high of 258.66. The Software industry median Altman Z-Score is 3.10. Mega Fortune Co's value of 284.28 is 9070.3% above this industry median. Based on the distribution chart, Mega Fortune Co ranks #6 out of 2766 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Altman Z-Score compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #6 out of 2766 companies for Altman Z-Score. This places Mega Fortune Co in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.10. Mega Fortune Co's value of 284.28 is 9070.3% above this benchmark. Historically, Mega Fortune Co's own Altman Z-Score has ranged from 15.21 to 258.66 over the past decade. While the company's 10-year median is 15.21 vs. the industry median of 3.10, Mega Fortune Co has consistently been above 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 Software company?
The median Altman Z-Score among Software companies is 3.10, based on 2,766 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. Mega Fortune Co's current Altman Z-Score of 284.28 is 9070.3% above 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 Mega Fortune Co and its competitors. For the Software industry, the median Altman Z-Score is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Altman Z-Score is 284.28, which is 1769% above median its own 10-year median of 15.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Altman Z-Score of 284.28. The current Altman Z-Score is 284.28, which is 1769% above median its 10-year median of 15.21 and 9070.3% above the Software industry median of 3.10. Mega Fortune Co's overall GF Score™ is 24/100 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 Mega Fortune Co (MGRT), the current Altman Z-Score is 284.28 as of Jul. 23, 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.

Mega Fortune Co Business Description

Address Science Park West Avenue, Unit 327 3/F 16W 16, Shatin, New Territories, Hong Kong, HKG
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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