ROMA (Roma Green Finance) Altman Z-Score: 884.85 (As of Aug. 18, 2026) — 3217% Above Median

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ROMA Roma Green Finance Ltd ROMA
17 GF Score
Price $9.00
! 11 Warning Signs
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What is Roma Green Finance Altman Z-Score?

Roma Green Finance ROMA -1.53% 17 Altman Z-Score is 884.85 as of Aug. 18, 2026, which is 3217% above its 10-year median of 26.68. GuruFocus rates ROMA with a GF Score™ of 17/100. The stock has 11 warning signs investors should review. Among 1,059 Business Services companies, Roma Green Finance ranks better than 99.53% 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 898.64 is strong.

Roma Green Finance has a Altman Z-Score of 884.85, 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 Roma Green Finance's Altman Z-Score or its related term are showing as below:

ROMA' s Altman Z-Score Range Over the Past 10 Years
Min: 9.92   Med: 26.68   Max: 898.64
Current: 898.64

During the past 6 years, Roma Green Finance's highest Altman Z-Score was 898.64. The lowest was 9.92. And the median was 26.68.


Roma Green Finance  (NAS:ROMA) 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.


Roma Green Finance Altman Z-Score Related Terms


Roma Green Finance Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Roma Green Finance'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.

Roma Green Finance Altman Z-Score Chart

Roma Green Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 9.92 26.68 393.57

Roma Green Finance Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.92 0.00 26.68 0.00 393.57

ROMA vs SBC, FORR, GLAI: Altman Z-Score Comparison

For the Consulting Services subindustry, Roma Green Finance'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.


Roma Green Finance Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Roma Green Finance's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Roma Green Finance's Altman Z-Score falls into.


ROMA
17GF Score
Roma Green Finance Ltd ROMA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Roma Green Finance 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.

Roma Green Finance'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*0.78+1.4*-0.8066+3.3*-0.3512+0.6*1476.8072+1.0*0.122
=884.85

* 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 Mar. 2026:
Total Assets was $9.94 Mil.
Total Current Assets was $8.12 Mil.
Total Current Liabilities was $0.36 Mil.
Retained Earnings was $-8.02 Mil.
Pre-Tax Income was $-3.49 Mil.
Interest Expense was $0.00 Mil.
Revenue was $1.21 Mil.
Market Cap (Today) was $536.08 Mil.
Total Liabilities was $0.36 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
=(8.117 - 0.363)/9.941
=0.78

X2=Retained Earnings/Total Assets
=-8.018/9.941
=-0.8066

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.491 - 0)/9.941
=-0.3512

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=536.081/0.363
=1476.8072

X5=Revenue/Total Assets
=1.213/9.941
=0.122

The zones of discrimination were as such:

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

Roma Green Finance has a Altman Z-Score of 884.85 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 884.85 mean?
Roma Green Finance (ROMA) has a Altman Z-Score of 884.85 as of Aug. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Roma Green Finance and its competitors. This is 3217% above median its historical median of 26.68. Over the past decade, Roma Green Finance's Altman Z-Score has ranged from 9.92 to 898.64. According to the industry distribution chart, Roma Green Finance ranks #5 out of 1059 companies in the Business Services industry, placing it in the top 0.5%.
Is Roma Green Finance's Altman Z-Score too high?
Roma Green Finance's current Altman Z-Score of 884.85 is 3217% above median its 10-year median of 26.68. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 898.64. The Business Services industry median Altman Z-Score is 2.95. Roma Green Finance's value of 884.85 is 29894.9% above this industry median. Based on the distribution chart, Roma Green Finance ranks #5 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Roma Green Finance has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Roma Green Finance's Altman Z-Score compare to SBC and FORR?
According to the Business Services industry distribution chart, Roma Green Finance ranks #5 out of 1059 companies for Altman Z-Score. This places Roma Green Finance in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.95. Roma Green Finance's value of 884.85 is 29894.9% above this benchmark. Historically, Roma Green Finance's own Altman Z-Score has ranged from 9.92 to 898.64 over the past decade. While the company's 10-year median is 26.68 vs. the industry median of 2.95, Roma Green Finance 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.95, based on 1,059 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. Roma Green Finance's current Altman Z-Score of 884.85 is 29894.9% 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 Roma Green Finance and its competitors. For the Business Services industry, the median Altman Z-Score is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Roma Green Finance's current Altman Z-Score is 884.85, which is 3217% above median its own 10-year median of 26.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roma Green Finance stock overvalued right now?
Roma Green Finance (ROMA) has a current Altman Z-Score of 884.85. The current Altman Z-Score is 884.85, which is 3217% above median its 10-year median of 26.68 and 29894.9% above the Business Services industry median of 2.95. Roma Green Finance's overall GF Score™ is 17/100 with 11 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 Roma Green Finance (ROMA), the current Altman Z-Score is 884.85 as of Aug. 18, 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.

Roma Green Finance Business Description

Address 8 Fleming Road, Flat 605, 6th Floor, Tai Tung Building, Wanchai, Hong Kong, HKG
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage, and overcome various business matters arising from such factors related to ESG, sustainability and climate change. Geographically, the company generates its revenue from Hong Kong and Singapore.
17GF Score

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

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