Powermatic Data Systems (SGX:BCY) Altman Z-Score: 10.61 (As of Jul. 31, 2026) — 39% Above Median

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SGX:BCY Powermatic Data Systems Ltd SGX:BCY
78 GF Score
Price S$3.23
GF Value S$3.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Powermatic Data Systems Altman Z-Score?

Powermatic Data Systems SGX:BCY 78 Altman Z-Score is 10.61 as of Jul. 31, 2026, which is 39% above its 10-year median of 7.64. GuruFocus rates SGX:BCY with a GF Score™ of 78/100 and a GF Value™ of S$3.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,459 Hardware companies, Powermatic Data Systems ranks better than 87.68% 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 10.61 is strong.

Powermatic Data Systems has a Altman Z-Score of 10.61, 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 Powermatic Data Systems's Altman Z-Score or its related term are showing as below:

SGX:BCY' s Altman Z-Score Range Over the Past 10 Years
Min: 5.73   Med: 7.64   Max: 10.68
Current: 10.61

During the past 13 years, Powermatic Data Systems's highest Altman Z-Score was 10.68. The lowest was 5.73. And the median was 7.64.


Powermatic Data Systems  (SGX:BCY) 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.


Powermatic Data Systems Altman Z-Score Related Terms


Powermatic Data Systems Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Powermatic Data Systems'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.

Powermatic Data Systems Altman Z-Score Chart

Powermatic Data Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 6.67 10.68 6.68 10.44

Powermatic Data Systems Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.68 0.00 6.68 0.00 10.44

SGX:BCY vs CSCO, MSI, HPE: Altman Z-Score Comparison

For the Communication Equipment subindustry, Powermatic Data Systems'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.


Powermatic Data Systems Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Powermatic Data Systems's Altman Z-Score distribution charts can be found below:

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


SGX:BCY
78GF Score
Powermatic Data Systems Ltd SGX:BCY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Powermatic Data Systems 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.

Powermatic Data Systems'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*0.8516+1.4*0.6377+3.3*0.1461+0.6*13.1659+1.0*0.3139
=10.61

* 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 S$90.70 Mil.
Total Current Assets was S$85.31 Mil.
Total Current Liabilities was S$8.07 Mil.
Retained Earnings was S$57.83 Mil.
Pre-Tax Income was S$13.25 Mil.
Interest Expense was S$0.00 Mil.
Revenue was S$28.47 Mil.
Market Cap (Today) was S$113.32 Mil.
Total Liabilities was S$8.61 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
=(85.31 - 8.071)/90.696
=0.8516

X2=Retained Earnings/Total Assets
=57.833/90.696
=0.6377

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(13.251 - 0)/90.696
=0.1461

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=113.319/8.607
=13.1659

X5=Revenue/Total Assets
=28.467/90.696
=0.3139

The zones of discrimination were as such:

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

Powermatic Data Systems has a Altman Z-Score of 10.61 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 10.61 mean?
Powermatic Data Systems (SGX:BCY) has a Altman Z-Score of 10.61 as of Jul. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Powermatic Data Systems and its competitors. This is 39% above median its historical median of 7.64. Over the past decade, Powermatic Data Systems' Altman Z-Score has ranged from 5.73 to 10.68. According to the industry distribution chart, Powermatic Data Systems ranks #303 out of 2459 companies in the Hardware industry, placing it in the top 12.3%.
Is Powermatic Data Systems' Altman Z-Score too high?
Powermatic Data Systems' current Altman Z-Score of 10.61 is 39% above median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 5.73 to a high of 10.68. The Hardware industry median Altman Z-Score is 3.34. Powermatic Data Systems' value of 10.61 is 217.7% above this industry median. Based on the distribution chart, Powermatic Data Systems ranks #303 out of 2459 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Powermatic Data Systems has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Powermatic Data Systems' Altman Z-Score compare to CSCO and MSI?
According to the Hardware industry distribution chart, Powermatic Data Systems ranks #303 out of 2459 companies for Altman Z-Score. This places Powermatic Data Systems in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.34. Powermatic Data Systems' value of 10.61 is 217.7% above this benchmark. Historically, Powermatic Data Systems' own Altman Z-Score has ranged from 5.73 to 10.68 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 3.34, Powermatic Data Systems 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.34, based on 2,459 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. Powermatic Data Systems's current Altman Z-Score of 10.61 is 217.7% 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 Powermatic Data Systems and its competitors. For the Hardware industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powermatic Data Systems's current Altman Z-Score is 10.61, which is 39% above median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powermatic Data Systems stock overvalued right now?
Based on GuruFocus' analysis, Powermatic Data Systems (SGX:BCY) is currently considered Modestly Undervalued. The stock's GF Value™ is S$3.70, compared to a current price of S$3.23 — trading 12.7% below its estimated fair value. The current Altman Z-Score is 10.61, which is 39% above median its 10-year median of 7.64 and 217.7% above the Hardware industry median of 3.34. Powermatic Data Systems' overall GF Score™ is 78/100 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 Powermatic Data Systems (SGX:BCY), the current Altman Z-Score is 10.61 as of Jul. 31, 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 Powermatic Data Systems (SGX:BCY) Overvalued in 2026?

Based on GuruFocus' analysis, Powermatic Data Systems stock appears to be undervalued. The current stock price of S$3.23 is trading 12.7% below its estimated GF Value™ of S$3.70. GuruFocus considers Powermatic Data Systems to be Modestly Undervalued.

Key valuation signals for SGX:BCY:

  • Altman Z-Score: 10.61 (39% above median its 10-year median of 7.64)
  • GF Value™: S$3.70 vs. price of S$3.23 (12.7% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 217.7% above the Hardware median (#303 of 2459)

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


Powermatic Data Systems Business Description

Address 178 Paya Lebar Road, No. 05-05, Singapore, SGP, 409030
Powermatic Data Systems Ltd operates in the communication equipment business. The company's operating segment includes Wireless connectivity products; Property and Corporate holding and others. It generates maximum revenue from the Wireless connectivity products segment. The Wireless connectivity products segment comprises the manufacturing, sales, marketing, and distribution of wireless connectivity products. Geographically, it derives a majority of its revenue from Europe.
78GF Score

Get the complete analysis for SGX:BCY

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

S$3.23
Price
S$3.70
GF Value