AMTD IDEA GroupSGX:HKB 75 Altman Z-Score is 3.78 as of Jul. 06, 2026, which is 70% below its 10-year median of 12.41. GuruFocus rates SGX:HKB with a GF Score™ of 75/100 and a GF Value™ of S$2.57 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 649 Asset Management companies, AMTD IDEA Group ranks better than 51% 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 3.78 is strong.
AMTD IDEA Group has a Altman Z-Score of 3.78, 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 AMTD IDEA Group's Altman Z-Score or its related term are showing as below:
SGX:HKB'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.33 Med: 12.41 Max: 29.22
Current: 3.78
During the past 10 years, AMTD IDEA Group's highest Altman Z-Score was 29.22. The lowest was 3.33. And the median was 12.41.
AMTD IDEA Group (SGX:HKB) 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.
Altman Z-Score does not apply to financial companies.
AMTD IDEA Group Altman Z-Score Related Terms
AMTD IDEA Group Altman Z-Score Historical Data
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The historical data trend for AMTD IDEA Group'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:HKB vs BLK, BX, KKR: Altman Z-Score Comparison
For the Asset Management subindustry, AMTD IDEA Group'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.
AMTD IDEA Group Altman Z-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where AMTD IDEA Group'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.
AMTD IDEA Group'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
*
0.553
+
1.4
*
0.4089
+
3.3
*
0.0355
+
0.6
*
3.9956
+
1.0
*
0.0249
=
3.78
* 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.
AMTD IDEA Group (SGX:HKB) has a Altman Z-Score of 3.78 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on AMTD IDEA Group and its competitors. This is 70% below median its historical median of 12.41. Over the past decade, AMTD IDEA Group's Altman Z-Score has ranged from 3.33 to 29.22. According to the industry distribution chart, AMTD IDEA Group ranks #318 out of 649 companies in the Asset Management industry, placing it in the top 49%.
Is AMTD IDEA Group's Altman Z-Score too high?
AMTD IDEA Group's current Altman Z-Score of 3.78 is 70% below median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 29.22. The Asset Management industry median Altman Z-Score is 3.48. AMTD IDEA Group's value of 3.78 is 8.6% above this industry median. Based on the distribution chart, AMTD IDEA Group ranks #318 out of 649 companies in the Asset Management industry, which is above the industry midpoint. Overall, AMTD IDEA Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMTD IDEA Group's Altman Z-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, AMTD IDEA Group ranks #318 out of 649 companies for Altman Z-Score. This puts AMTD IDEA Group in the upper half of its industry. The industry median Altman Z-Score is 3.48. AMTD IDEA Group's value of 3.78 is 8.6% above this benchmark. Historically, AMTD IDEA Group's own Altman Z-Score has ranged from 3.33 to 29.22 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 3.48, AMTD IDEA Group 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 an Asset Management company?
The median Altman Z-Score among Asset Management companies is 3.48, based on 649 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. AMTD IDEA Group's current Altman Z-Score of 3.78 is 8.6% 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 AMTD IDEA Group and its competitors. For the Asset Management industry, the median Altman Z-Score is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMTD IDEA Group's current Altman Z-Score is 3.78, which is 70% below median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMTD IDEA Group stock overvalued right now?
Based on GuruFocus' analysis, AMTD IDEA Group (SGX:HKB) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.57, compared to a current price of S$3.49 — trading 35.8% above its estimated fair value. The current Altman Z-Score is 3.78, which is 70% below median its 10-year median of 12.41 and 8.6% above the Asset Management industry median of 3.48. AMTD IDEA Group's overall GF Score™ is 75/100 with 10 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 AMTD IDEA Group (SGX:HKB), the current Altman Z-Score is 3.78 as of Jul. 06, 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 AMTD IDEA Group (SGX:HKB) Overvalued in 2026?
Based on GuruFocus' analysis, AMTD IDEA Group stock appears to be overvalued.
The current stock price of S$3.49 is trading 35.8% above its estimated GF Value™ of S$2.57.
GuruFocus considers AMTD IDEA Group to be Significantly Overvalued.
Key valuation signals for SGX:HKB:
Altman Z-Score: 3.78 (70% below median its 10-year median of 12.41)
GF Value™: S$2.57 vs. price of S$3.49 (35.8% above fair value)
Industry Position: 8.6% above the Asset Management median (#318 of 649)
No single metric tells the full story. See the SGX:HKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AMTD IDEA Group is a diversified institution and digital solutions conglomerate group, connecting companies and investors with world-wide markets. The group operates its businesses in five reportable and operating segments: capital market solutions segment, digital solutions and other services segment, media and entertainment segment, hotel operations, hospitality and VIP services segment, and strategic investment segment. The group generates the majority of its revenue from the strategic investment segment that engages in proprietary investments and management of world-wide investment portfolio (including listed and unlisted equity shares investments and movie rights investments). Its geographic areas are China, Europe, America, and Southeast Asia.
75GF Score
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