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.
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.
Audience AnalyticsSGX:1AZ 73 Altman Z-Score is 15.48 as of Aug. 15, 2026, which is 8% above its 10-year median of 14.32. GuruFocus rates SGX:1AZ with a GF Score™ of 73/100 and a GF Value™ of S$0.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,058 Business Services companies, Audience Analytics ranks better than 94.33% 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 15.22 is strong.
Audience Analytics has a Altman Z-Score of 15.48, 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 Audience Analytics's Altman Z-Score or its related term are showing as below:
SGX:1AZ'
s Altman Z-Score Range Over the Past 10 Years
Min: 12.23 Med: 14.32 Max: 16.6
Current: 15.22
During the past 8 years, Audience Analytics's highest Altman Z-Score was 16.60. The lowest was 12.23. And the median was 14.32.
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.
Altman Z-Score does not apply to financial companies.
Audience Analytics Altman Z-Score Related Terms
Audience Analytics Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Audience Analytics'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.
SGX:1AZ vs VRSK, EFX, BAH: Altman Z-Score Comparison
For the Consulting Services subindustry, Audience Analytics'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.
Audience Analytics Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Audience Analytics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Audience Analytics'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.
Audience Analytics'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
*
0.863
+
1.4
*
0.632
+
3.3
*
0.2116
+
0.6
*
20.4077
+
1.0
*
0.6133
=
15.48
* 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.
Audience Analytics (SGX:1AZ) has a Altman Z-Score of 15.48 as of Aug. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Audience Analytics and its competitors. This is near median its historical median of 14.32. Over the past decade, Audience Analytics' Altman Z-Score has ranged from 12.23 to 16.60. According to the industry distribution chart, Audience Analytics ranks #60 out of 1058 companies in the Business Services industry, placing it in the top 5.7%.
Is Audience Analytics' Altman Z-Score too high?
Audience Analytics' current Altman Z-Score of 15.48 is near median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 16.60. The Business Services industry median Altman Z-Score is 2.95. Audience Analytics' value of 15.48 is 425.6% above this industry median. Based on the distribution chart, Audience Analytics ranks #60 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Audience Analytics has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Audience Analytics' Altman Z-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, Audience Analytics ranks #60 out of 1058 companies for Altman Z-Score. This places Audience Analytics in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.95. Audience Analytics' value of 15.48 is 425.6% above this benchmark. Historically, Audience Analytics' own Altman Z-Score has ranged from 12.23 to 16.60 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 2.95, Audience Analytics 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 1,058 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. Audience Analytics's current Altman Z-Score of 15.48 is 425.6% 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 Audience Analytics 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. Audience Analytics's current Altman Z-Score is 15.48, which is near median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audience Analytics stock overvalued right now?
Based on GuruFocus' analysis, Audience Analytics (SGX:1AZ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.28, compared to a current price of S$0.24 — trading 14.3% below its estimated fair value. The current Altman Z-Score is 15.48, which is near median its 10-year median of 14.32 and 425.6% above the Business Services industry median of 2.95. Audience Analytics' overall GF Score™ is 73/100 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 Audience Analytics (SGX:1AZ), the current Altman Z-Score is 15.48 as of Aug. 15, 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 Audience Analytics (SGX:1AZ) Overvalued in 2026?
Based on GuruFocus' analysis, Audience Analytics stock appears to be undervalued.
The current stock price of S$0.24 is trading 14.3% below its estimated GF Value™ of S$0.28.
GuruFocus considers Audience Analytics to be Modestly Undervalued.
Key valuation signals for SGX:1AZ:
Altman Z-Score: 15.48 (near median its 10-year median of 14.32)
GF Value™: S$0.28 vs. price of S$0.24 (14.3% below fair value)
Industry Position: 425.6% above the Business Services median (#60 of 1058)
No single metric tells the full story. See the SGX:1AZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audience Analytics Ltd is an investment holding company that offers a range of solutions that give companies an understanding of their businesses to make decisions and promote and grow their businesses. The company offers a wide portfolio of awards, exhibitions, conferences, digital and print media, and business analytics that enable the group to support companies at different stages of their growth. The company's segments include Business Impact Assessment and Recognition, Exhibitions, and Business Media. The company generates the maximum of its revenue from Malaysia.
73GF Score
Get the complete analysis for SGX:1AZ
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:1AZ has been successfully added to your 
