CNMC Goldmine HoldingsSGX:5TP -4.88%59 Altman Z-Score is 12.38 as of Jul. 07, 2026, which is 126% above its 10-year median of 5.49. GuruFocus rates SGX:5TP with a GF Score™ of 59/100 and a GF Value™ of S$0.72 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 785 Metals & Mining companies, CNMC Goldmine Holdings ranks better than 86.37% 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 12.24 is strong.
CNMC Goldmine Holdings has a Altman Z-Score of 12.38, 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 CNMC Goldmine Holdings's Altman Z-Score or its related term are showing as below:
SGX:5TP'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.57 Med: 5.49 Max: 14.52
Current: 12.24
During the past 13 years, CNMC Goldmine Holdings's highest Altman Z-Score was 14.52. The lowest was 4.57. And the median was 5.49.
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.
CNMC Goldmine Holdings Altman Z-Score Related Terms
CNMC Goldmine Holdings Altman Z-Score Historical Data
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The historical data trend for CNMC Goldmine Holdings'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:5TP vs NEM, AU, RGLD: Altman Z-Score Comparison
For the Gold subindustry, CNMC Goldmine Holdings'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.
CNMC Goldmine Holdings Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, CNMC Goldmine Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where CNMC Goldmine Holdings'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.
CNMC Goldmine Holdings (SGX:5TP) has a Altman Z-Score of 12.38 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CNMC Goldmine Holdings and its competitors. This is 126% above median its historical median of 5.49. Over the past decade, CNMC Goldmine Holdings' Altman Z-Score has ranged from 4.57 to 14.52. According to the industry distribution chart, CNMC Goldmine Holdings ranks #107 out of 785 companies in the Metals & Mining industry, placing it in the top 13.6%.
Is CNMC Goldmine Holdings' Altman Z-Score too high?
CNMC Goldmine Holdings' current Altman Z-Score of 12.38 is 126% above median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 14.52. The Metals & Mining industry median Altman Z-Score is 3.41. CNMC Goldmine Holdings' value of 12.38 is 263% above this industry median. Based on the distribution chart, CNMC Goldmine Holdings ranks #107 out of 785 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, CNMC Goldmine Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNMC Goldmine Holdings' Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, CNMC Goldmine Holdings ranks #107 out of 785 companies for Altman Z-Score. This places CNMC Goldmine Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.41. CNMC Goldmine Holdings' value of 12.38 is 263% above this benchmark. Historically, CNMC Goldmine Holdings' own Altman Z-Score has ranged from 4.57 to 14.52 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 3.41, CNMC Goldmine Holdings 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.41, based on 785 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. CNMC Goldmine Holdings's current Altman Z-Score of 12.38 is 263% 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 CNMC Goldmine Holdings and its competitors. For the Metals & Mining 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. CNMC Goldmine Holdings's current Altman Z-Score is 12.38, which is 126% above median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNMC Goldmine Holdings stock overvalued right now?
Based on GuruFocus' analysis, CNMC Goldmine Holdings (SGX:5TP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.72, compared to a current price of S$1.17 — trading 62.5% above its estimated fair value. The current Altman Z-Score is 12.38, which is 126% above median its 10-year median of 5.49 and 263% above the Metals & Mining industry median of 3.41. CNMC Goldmine Holdings' overall GF Score™ is 59/100 with 1 warning sign 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 CNMC Goldmine Holdings (SGX:5TP), the current Altman Z-Score is 12.38 as of Jul. 07, 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 CNMC Goldmine Holdings (SGX:5TP) Overvalued in 2026?
Based on GuruFocus' analysis, CNMC Goldmine Holdings stock appears to be overvalued.
The current stock price of S$1.17 is trading 62.5% above its estimated GF Value™ of S$0.72.
GuruFocus considers CNMC Goldmine Holdings to be Significantly Overvalued.
Key valuation signals for SGX:5TP:
Altman Z-Score: 12.38 (126% above median its 10-year median of 5.49)
GF Value™: S$0.72 vs. price of S$1.17 (62.5% above fair value)
Industry Position: 263% above the Metals & Mining median (#107 of 785)
No single metric tells the full story. See the SGX:5TP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNMC Goldmine Holdings Ltd is a Singapore-based investment holding and gold producer company. The company's operating segments are: Mining, which includes Exploration, development, mining, and marketing of gold, lead, and zinc concentrates; and Other operations include investment holding companies and the provision of corporate services. It derives maximum revenue from the Mining Segment. The group focuses on the Sokor Gold Field project located in Malaysia.
59GF Score
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