What is Singapore Technologies Engineering Altman Z-Score?
Singapore Technologies EngineeringSGGKY 69 Altman Z-Score is 2.72 as of Jun. 29, 2026, which is 24% above its 10-year median of 2.20. GuruFocus rates SGGKY with a GF Score™ of 69/100 and a GF Value™ of $44.66 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 337 Aerospace & Defense companies, Singapore Technologies Engineering ranks worse than 64.69% 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.
Warning Sign:
Altman Z-score of 2.64 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Singapore Technologies Engineering has a Altman Z-Score of 2.72, indicating it is in Grey Zones. This implies that Singapore Technologies Engineering is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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.
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.
For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.
Singapore Technologies Engineering Altman Z-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Singapore Technologies Engineering's Altman Z-Score falls into.
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.
Singapore Technologies Engineering (SGGKY) has a Altman Z-Score of 2.72 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Singapore Technologies Engineering and its competitors. This is 24% above median its historical median of 2.20. Over the past decade, Singapore Technologies Engineering's Altman Z-Score has ranged from 1.26 to 2.75. According to the industry distribution chart, Singapore Technologies Engineering ranks #218 out of 337 companies in the Aerospace & Defense industry, placing it in the top 64.7%.
Is Singapore Technologies Engineering's Altman Z-Score too high?
Singapore Technologies Engineering's current Altman Z-Score of 2.72 is 24% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 2.75. The Aerospace & Defense industry median Altman Z-Score is 3.41. Singapore Technologies Engineering's value of 2.72 is 20.2% below this industry median. Based on the distribution chart, Singapore Technologies Engineering ranks #218 out of 337 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Singapore Technologies Engineering has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Technologies Engineering's Altman Z-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Singapore Technologies Engineering ranks #218 out of 337 companies for Altman Z-Score. This places Singapore Technologies Engineering in the lower half of its industry. The industry median Altman Z-Score is 3.41. Singapore Technologies Engineering's value of 2.72 is 20.2% below this benchmark. Historically, Singapore Technologies Engineering's own Altman Z-Score has ranged from 1.26 to 2.75 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 3.41, Singapore Technologies Engineering 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 an Aerospace & Defense company?
The median Altman Z-Score among Aerospace & Defense companies is 3.41, based on 337 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. Singapore Technologies Engineering's current Altman Z-Score of 2.72 is 20.2% 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 Singapore Technologies Engineering and its competitors. For the Aerospace & Defense industry, the median Altman Z-Score is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Technologies Engineering's current Altman Z-Score is 2.72, which is 24% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Technologies Engineering stock overvalued right now?
Based on GuruFocus' analysis, Singapore Technologies Engineering (SGGKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $44.66, compared to a current price of $85.00 — trading 90.3% above its estimated fair value. The current Altman Z-Score is 2.72, which is 24% above median its 10-year median of 2.20 and 20.2% below the Aerospace & Defense industry median of 3.41. Singapore Technologies Engineering's overall GF Score™ is 69/100 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 Singapore Technologies Engineering (SGGKY), the current Altman Z-Score is 2.72 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 Singapore Technologies Engineering (SGGKY) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Technologies Engineering stock appears to be overvalued.
The current stock price of $85.00 is trading 90.3% above its estimated GF Value™ of $44.66.
GuruFocus considers Singapore Technologies Engineering to be Significantly Overvalued.
Key valuation signals for SGGKY:
Altman Z-Score: 2.72 (24% above median its 10-year median of 2.20)
GF Value™: $44.66 vs. price of $85.00 (90.3% above fair value)
Industry Position: 20.2% below the Aerospace & Defense median (#218 of 337)
No single metric tells the full story. See the SGGKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Technologies Engineering Business Description
ST Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to defense and smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.
69GF Score
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