SGLA (Sino Green Land) Altman Z-Score: 110.08 (As of Aug. 29, 2026) — 11611% Above Median

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.

SGLA Sino Green Land Corp SGLA
22 GF Score
Price $9.10
GF Value $0.21
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sino Green Land Altman Z-Score?

Sino Green Land SGLA +101.22% 22 Altman Z-Score is 110.08 as of Aug. 29, 2026, which is 11611% above its 10-year median of 0.94. GuruFocus rates SGLA with a GF Score™ of 22/100 and a GF Value™ of $0.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 237 Waste Management companies, Sino Green Land ranks better than 99.58% 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 71.54 is strong.

Sino Green Land has a Altman Z-Score of 110.08, 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 Sino Green Land's Altman Z-Score or its related term are showing as below:

SGLA' s Altman Z-Score Range Over the Past 10 Years
Min: -1.99   Med: 0.94   Max: 71.54
Current: 71.54

During the past 10 years, Sino Green Land's highest Altman Z-Score was 71.54. The lowest was -1.99. And the median was 0.94.


Sino Green Land  (OTCPK:SGLA) 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.


Sino Green Land Altman Z-Score Related Terms


Sino Green Land Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sino Green Land'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.

Sino Green Land Altman Z-Score Chart

Sino Green Land Annual Data
Trend May07 May08 Dec09 Dec10 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.12 -1.99

Sino Green Land Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.98 -1.99 19.52 17.79 33.01

SGLA vs PESI, ABAT, YDDL: Altman Z-Score Comparison

For the Waste Management subindustry, Sino Green Land'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.


Sino Green Land Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Sino Green Land's Altman Z-Score distribution charts can be found below:

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


SGLA
22GF Score
Sino Green Land Corp SGLA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Green Land 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.

Sino Green Land'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*-0.8463+1.4*-1.0947+3.3*-0.2492+0.6*188.5286+1.0*0.3284
=110.08

* 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 $4.95 Mil.
Total Current Assets was $0.72 Mil.
Total Current Liabilities was $4.91 Mil.
Retained Earnings was $-5.42 Mil.
Pre-Tax Income was -0.306 + -0.227 + -0.186 + -0.632 = $-1.35 Mil.
Interest Expense was -0.026 + -0.03 + -0.03 + -0.031 = $-0.12 Mil.
Revenue was 0.335 + 0.278 + 0.446 + 0.567 = $1.63 Mil.
Market Cap (Today) was $1,475.05 Mil.
Total Liabilities was $7.82 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
=(0.722 - 4.912)/4.951
=-0.8463

X2=Retained Earnings/Total Assets
=-5.42/4.951
=-1.0947

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.351 - -0.117)/4.951
=-0.2492

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1475.048/7.824
=188.5286

X5=Revenue/Total Assets
=1.626/4.951
=0.3284

The zones of discrimination were as such:

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

Sino Green Land has a Altman Z-Score of 110.08 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 110.08 mean?
Sino Green Land (SGLA) has a Altman Z-Score of 110.08 as of Aug. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sino Green Land and its competitors. This is 11611% above median its historical median of 0.94. According to the industry distribution chart, Sino Green Land ranks #1 out of 237 companies in the Waste Management industry, placing it in the top 0.40000000000001%.
Is Sino Green Land's Altman Z-Score too high?
Sino Green Land's current Altman Z-Score of 110.08 is 11611% above median its 10-year median of 0.94. The Waste Management industry median Altman Z-Score is 2.04. Sino Green Land's value of 110.08 is 5296.1% above this industry median. Based on the distribution chart, Sino Green Land ranks #1 out of 237 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Sino Green Land has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Green Land's Altman Z-Score compare to PESI and ABAT?
According to the Waste Management industry distribution chart, Sino Green Land ranks #1 out of 237 companies for Altman Z-Score. This places Sino Green Land in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.04. Sino Green Land's value of 110.08 is 5296.1% above this benchmark. While the company's 10-year median is 0.94 vs. the industry median of 2.04, Sino Green Land 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 2.04, based on 237 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. Sino Green Land's current Altman Z-Score of 110.08 is 5296.1% 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 Sino Green Land and its competitors. For the Waste Management industry, the median Altman Z-Score is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Green Land's current Altman Z-Score is 110.08, which is 11611% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Green Land stock overvalued right now?
Based on GuruFocus' analysis, Sino Green Land (SGLA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.21, compared to a current price of $9.10 — trading 4233.3% above its estimated fair value. The current Altman Z-Score is 110.08, which is 11611% above median its 10-year median of 0.94 and 5296.1% above the Waste Management industry median of 2.04. Sino Green Land's overall GF Score™ is 22/100 with 4 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 Sino Green Land (SGLA), the current Altman Z-Score is 110.08 as of Aug. 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 Sino Green Land (SGLA) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Green Land stock appears to be overvalued. The current stock price of $9.10 is trading 4233.3% above its estimated GF Value™ of $0.21. GuruFocus considers Sino Green Land to be Significantly Overvalued.

Key valuation signals for SGLA:

  • Altman Z-Score: 110.08 (11611% above median its 10-year median of 0.94)
  • GF Value™: $0.21 vs. price of $9.10 (4233.3% above fair value)
  • GF Score™: 22/100 with 4 warning signs
  • Industry Position: 5296.1% above the Waste Management median (#1 of 237)

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


Sino Green Land Business Description

Address No. 3 & 5, Jalan Hi Tech 7/7,, Kawasan Perindustrian Hi Tech 7, Semenyih, SGR, MYS, 43500
Sino Green Land Corporation is engaged in manufacturing and sales of recovered and recycled products in Malaysia. It conducts its business through its subsidiary Tian Li, which operates in Malaysia as an environmental technology company and recycler of plastic waste bottles and plastic packaging materials.
22GF Score

Get the complete analysis for SGLA

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

$9.10
Price
$0.21
GF Value