shopper360 (SGX:1F0) Altman Z-Score: 3.30 (As of Jul. 24, 2026) — 23% Below Median

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What is shopper360 Altman Z-Score?

shopper360 SGX:1F0 +3.33% Altman Z-Score is 3.30 as of Jul. 24, 2026, which is 23% below its 10-year median of 4.27. The stock has 3 warning signs investors should review. Among 1,007 Media - Diversified companies, shopper360 ranks better than 71.3% 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 3.28 is strong.

shopper360 has a Altman Z-Score of 3.30, 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 shopper360's Altman Z-Score or its related term are showing as below:

SGX:1F0' s Altman Z-Score Range Over the Past 10 Years
Min: 3.28   Med: 4.27   Max: 5.08
Current: 3.28

During the past 12 years, shopper360's highest Altman Z-Score was 5.08. The lowest was 3.28. And the median was 4.27.


shopper360  (SGX:1F0) 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.


shopper360 Altman Z-Score Related Terms


shopper360 Altman Z-Score Historical Data

* Premium members only.

The historical data trend for shopper360'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.

shopper360 Altman Z-Score Chart

shopper360 Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 3.74 3.98 4.15 3.38

shopper360 Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 4.15 0.00 3.38 0.00

SGX:1F0 vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, shopper360'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.


shopper360 Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, shopper360's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where shopper360's Altman Z-Score falls into.



shopper360 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.

shopper360'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*0.495+1.4*0.2859+3.3*-0.141+0.6*1.0417+1.0*2.1443
=3.30

* 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 May. 2025:
Total Assets was S$26.08 Mil.
Total Current Assets was S$19.22 Mil.
Total Current Liabilities was S$6.31 Mil.
Retained Earnings was S$7.46 Mil.
Pre-Tax Income was S$-3.73 Mil.
Interest Expense was S$-0.05 Mil.
Revenue was S$55.92 Mil.
Market Cap (Today) was S$6.75 Mil.
Total Liabilities was S$6.48 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
=(19.218 - 6.31)/26.078
=0.495

X2=Retained Earnings/Total Assets
=7.456/26.078
=0.2859

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.727 - -0.049)/26.078
=-0.141

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=6.746/6.476
=1.0417

X5=Revenue/Total Assets
=55.92/26.078
=2.1443

The zones of discrimination were as such:

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

shopper360 has a Altman Z-Score of 3.30 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 3.30 mean?
shopper360 (SGX:1F0) has a Altman Z-Score of 3.30 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on shopper360 and its competitors. This is 23% below median its historical median of 4.27. Over the past decade, shopper360's Altman Z-Score has ranged from 3.28 to 5.08. According to the industry distribution chart, shopper360 ranks #289 out of 1007 companies in the Media - Diversified industry, placing it in the top 28.7%.
Is shopper360's Altman Z-Score too high?
shopper360's current Altman Z-Score of 3.30 is 23% below median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 5.08. The Media - Diversified industry median Altman Z-Score is 2.00. shopper360's value of 3.30 is 65% above this industry median. Based on the distribution chart, shopper360 ranks #289 out of 1007 companies in the Media - Diversified industry, which is above the industry midpoint.
How does shopper360's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, shopper360 ranks #289 out of 1007 companies for Altman Z-Score. This puts shopper360 in the upper half of its industry. The industry median Altman Z-Score is 2.00. shopper360's value of 3.30 is 65% above this benchmark. Historically, shopper360's own Altman Z-Score has ranged from 3.28 to 5.08 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 2.00, shopper360 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.00, based on 1,007 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. shopper360's current Altman Z-Score of 3.30 is 65% 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 shopper360 and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. shopper360's current Altman Z-Score is 3.30, which is 23% below median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is shopper360 stock overvalued right now?
Based on GuruFocus' analysis, shopper360 (SGX:1F0) is currently considered Significantly Undervalued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.06 — trading 31.1% below its estimated fair value. The current Altman Z-Score is 3.30, which is 23% below median its 10-year median of 4.27 and 65% above the Media - Diversified industry median of 2.00. 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 shopper360 (SGX:1F0), the current Altman Z-Score is 3.30 as of Jul. 24, 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.

shopper360 Business Description

Address 15 Jalan 16/11, Block A, 505, 5th Floor, Phileo Damansara 2, Petaling Jaya, SGR, MYS, 46350
shopper360 Ltd is a provider of shopper marketing services in the retail and consumer goods industry in Malaysia. It offers various marketing and advertising services across in-store experience to loyalty, retention, and repeat purchase. The group offers digital and non-digital in-store advertising mediums in retail chains, creative campaign development and mobile marketing services, events management, marketing programmes, marketing intelligence and analysis, and consumer relationship management services, among others. Its reportable segments are: Advertising and Marketing, Sales Execution and Distribution, and Others. Maximum revenue is generated from the Sales execution and distribution segment, which provides merchandiser, sales force and supervisory, and talent management services.