PXGYF (Pax Global Technology) Altman Z-Score: 3.78 (As of Jun. 29, 2026) — 11% Below Median


PXGYF Pax Global Technology Ltd PXGYF
49 GF Score
Price $0.41
GF Value $0.64
Valuation Possible Value Trap
! 3 Warning Signs
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What is Pax Global Technology Altman Z-Score?

Pax Global Technology PXGYF -2.92% 49 Altman Z-Score is 3.78 as of Jun. 29, 2026, which is 11% below its 10-year median of 4.26. GuruFocus rates PXGYF with a GF Score™ of 49/100 and a GF Value™ of $0.64 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 3,005 Industrial Products companies, Pax Global Technology ranks better than 55.91% 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 3.79 is strong.

Pax Global Technology has a Altman Z-Score of 3.78, 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 Pax Global Technology's Altman Z-Score or its related term are showing as below:

PXGYF' s Altman Z-Score Range Over the Past 10 Years
Min: 3.09   Med: 4.26   Max: 5.73
Current: 3.79

During the past 13 years, Pax Global Technology's highest Altman Z-Score was 5.73. The lowest was 3.09. And the median was 4.26.


Pax Global Technology  (OTCPK:PXGYF) 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.


Pax Global Technology Altman Z-Score Related Terms


Pax Global Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pax Global Technology'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.

Pax Global Technology Altman Z-Score Chart

Pax Global Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 4.68 5.52 5.02 4.33

Pax Global Technology Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.52 0.00 5.02 0.00 4.33

Pax Global Technology Altman Z-Score Competitor Comparison

For the Business Equipment & Supplies subindustry, Pax Global Technology'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.


Pax Global Technology Altman Z-Score vs Industrial Products Industry

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

* The bar in red indicates where Pax Global Technology's Altman Z-Score falls into.


PXGYF
49GF Score
Pax Global Technology Ltd PXGYF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Pax Global Technology 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.

Pax Global Technology'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*0.6651+1.4*0.7423+3.3*0.0916+0.6*1.7539+1.0*0.5885
=3.78

* 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. 2025:
Total Assets was $1,282.5 Mil.
Total Current Assets was $1,096.5 Mil.
Total Current Liabilities was $243.5 Mil.
Retained Earnings was $952.0 Mil.
Pre-Tax Income was $116.9 Mil.
Interest Expense was $-0.5 Mil.
Revenue was $754.7 Mil.
Market Cap (Today) was $452.3 Mil.
Total Liabilities was $257.9 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
=(1096.5 - 243.497)/1282.541
=0.6651

X2=Retained Earnings/Total Assets
=951.969/1282.541
=0.7423

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(116.946 - -0.51)/1282.541
=0.0916

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=452.348/257.914
=1.7539

X5=Revenue/Total Assets
=754.748/1282.541
=0.5885

The zones of discrimination were as such:

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

Pax Global Technology has a Altman Z-Score of 3.78 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 3.78 mean?
Pax Global Technology (PXGYF) has a Altman Z-Score of 3.78 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pax Global Technology and its competitors. This is 11% below median its historical median of 4.26. Over the past decade, Pax Global Technology's Altman Z-Score has ranged from 3.09 to 5.73. According to the industry distribution chart, Pax Global Technology ranks #1325 out of 3005 companies in the Industrial Products industry, placing it in the top 44.1%.
Is Pax Global Technology's Altman Z-Score too high?
Pax Global Technology's current Altman Z-Score of 3.78 is 11% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 5.73. The Industrial Products industry median Altman Z-Score is 3.33. Pax Global Technology's value of 3.78 is 13.5% above this industry median. Based on the distribution chart, Pax Global Technology ranks #1325 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pax Global Technology has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pax Global Technology's Altman Z-Score compare to competitors?
According to the Industrial Products industry distribution chart, Pax Global Technology ranks #1325 out of 3005 companies for Altman Z-Score. This puts Pax Global Technology in the upper half of its industry. The industry median Altman Z-Score is 3.33. Pax Global Technology's value of 3.78 is 13.5% above this benchmark. Historically, Pax Global Technology's own Altman Z-Score has ranged from 3.09 to 5.73 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 3.33, Pax Global Technology 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 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. Pax Global Technology's current Altman Z-Score of 3.78 is 13.5% 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 Pax Global Technology 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. Pax Global Technology's current Altman Z-Score is 3.78, which is 11% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pax Global Technology stock overvalued right now?
Based on GuruFocus' analysis, Pax Global Technology (PXGYF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.64, compared to a current price of $0.41 — trading 36.6% below its estimated fair value. The current Altman Z-Score is 3.78, which is 11% below median its 10-year median of 4.26 and 13.5% above the Industrial Products industry median of 3.33. Pax Global Technology's overall GF Score™ is 49/100 with 3 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 Pax Global Technology (PXGYF), the current Altman Z-Score is 3.78 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.

Is Pax Global Technology (PXGYF) Overvalued in 2026?

Based on GuruFocus' analysis, Pax Global Technology stock appears to be undervalued. The current stock price of $0.41 is trading 36.6% below its estimated GF Value™ of $0.64. GuruFocus considers Pax Global Technology to be Possible Value Trap.

Key valuation signals for PXGYF:

  • Altman Z-Score: 3.78 (11% below median its 10-year median of 4.26)
  • GF Value™: $0.64 vs. price of $0.41 (36.6% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 13.5% above the Industrial Products median (#1325 of 3005)

No single metric tells the full story. See the PXGYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pax Global Technology Business Description

Other Exchanges 00327:Hong KongP8X:Germany
Address 30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Pax Global Technology Ltd sells a variety of electronic payment devices. The company is principally engaged in the development and sales of E-payment Terminals products, provision of maintenance and installation, and payment solution services. Geographically, the firm generates the majority of its revenue from Hong Kong, followed by the United States of America, PRC (excluding Hong Kong, Taiwan, and Macau), and Italy. Almost all of the company's revenue is derived from Sales of E-payment Terminal products.
49GF Score

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

$0.41
Price
$0.64
GF Value