Stamford Tyres (SGX:S29) Altman Z-Score: 1.60 (As of Jul. 19, 2026) — Near Median

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SGX:S29 Stamford Tyres Corp Ltd SGX:S29
48 GF Score
Price S$0.19
GF Value S$0.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Stamford Tyres Altman Z-Score?

Stamford Tyres SGX:S29 +0.53% 48 Altman Z-Score is 1.60 as of Jul. 19, 2026, which is at its 10-year median of 1.60. GuruFocus rates SGX:S29 with a GF Score™ of 48/100 and a GF Value™ of S$0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Stamford Tyres ranks worse than 74.12% 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.

Warning Sign:

Altman Z-score of 1.6 is in distress zone. This implies bankruptcy possibility in the next two years.

Stamford Tyres has a Altman Z-Score of 1.60, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Stamford Tyres's Altman Z-Score or its related term are showing as below:

SGX:S29' s Altman Z-Score Range Over the Past 10 Years
Min: 1.27   Med: 1.6   Max: 1.75
Current: 1.6

During the past 13 years, Stamford Tyres's highest Altman Z-Score was 1.75. The lowest was 1.27. And the median was 1.60.


Stamford Tyres  (SGX:S29) 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.


Stamford Tyres Altman Z-Score Related Terms


Stamford Tyres Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Stamford Tyres'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.

Stamford Tyres Altman Z-Score Chart

Stamford Tyres Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.50 1.71 1.60 1.59

Stamford Tyres Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.71 0.00 1.60 0.00 1.59

SGX:S29 vs ORLY, AZO, GPC: Altman Z-Score Comparison

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Altman Z-Score distribution charts can be found below:

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


SGX:S29
48GF Score
Stamford Tyres Corp Ltd SGX:S29
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Stamford Tyres 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.

Stamford Tyres'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*0.2962+1.4*0+3.3*0.0301+0.6*0.4422+1.0*0.8762
=1.60

* 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 Apr. 2026:
Total Assets was S$212.9 Mil.
Total Current Assets was S$144.1 Mil.
Total Current Liabilities was S$81.1 Mil.
Retained Earnings was S$0.0 Mil.
Pre-Tax Income was S$2.5 Mil.
Interest Expense was S$-3.9 Mil.
Revenue was S$186.5 Mil.
Market Cap (Today) was S$45.3 Mil.
Total Liabilities was S$102.5 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
=(144.128 - 81.087)/212.859
=0.2962

X2=Retained Earnings/Total Assets
=0/212.859
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2.461 - -3.943)/212.859
=0.0301

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=45.341/102.543
=0.4422

X5=Revenue/Total Assets
=186.506/212.859
=0.8762

The zones of discrimination were as such:

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

Stamford Tyres has a Altman Z-Score of 1.60 indicating it is in Distress 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 1.60 mean?
Stamford Tyres (SGX:S29) has a Altman Z-Score of 1.60 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Stamford Tyres and its competitors. This is near median its historical median of 1.60. Over the past decade, Stamford Tyres' Altman Z-Score has ranged from 1.27 to 1.75. According to the industry distribution chart, Stamford Tyres ranks #974 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 74.1%.
Is Stamford Tyres' Altman Z-Score too high?
Stamford Tyres' current Altman Z-Score of 1.60 is near median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 1.75. The Vehicles & Parts industry median Altman Z-Score is 2.54. Stamford Tyres' value of 1.60 is 37% below this industry median. Based on the distribution chart, Stamford Tyres ranks #974 out of 1314 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Stamford Tyres has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stamford Tyres' Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Stamford Tyres ranks #974 out of 1314 companies for Altman Z-Score. This places Stamford Tyres in the lower half of its industry. The industry median Altman Z-Score is 2.54. Stamford Tyres' value of 1.60 is 37% below this benchmark. Historically, Stamford Tyres' own Altman Z-Score has ranged from 1.27 to 1.75 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 2.54, Stamford Tyres has consistently been below 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,314 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. Stamford Tyres's current Altman Z-Score of 1.60 is 37% below 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 Stamford Tyres and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stamford Tyres's current Altman Z-Score is 1.60, which is near median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stamford Tyres stock overvalued right now?
Based on GuruFocus' analysis, Stamford Tyres (SGX:S29) is currently considered Fairly Valued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.19 — trading 0.5% above its estimated fair value. The current Altman Z-Score is 1.60, which is near median its 10-year median of 1.60 and 37% below the Vehicles & Parts industry median of 2.54. Stamford Tyres' overall GF Score™ is 48/100 with 6 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 Stamford Tyres (SGX:S29), the current Altman Z-Score is 1.60 as of Jul. 19, 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 Stamford Tyres (SGX:S29) Overvalued in 2026?

Based on GuruFocus' analysis, Stamford Tyres stock appears to be overvalued. The current stock price of S$0.19 is trading 0.5% above its estimated GF Value™ of S$0.19. GuruFocus considers Stamford Tyres to be Fairly Valued.

Key valuation signals for SGX:S29:

  • Altman Z-Score: 1.60 (near median its 10-year median of 1.60)
  • GF Value™: S$0.19 vs. price of S$0.19 (0.5% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 37% below the Vehicles & Parts median (#974 of 1314)

No single metric tells the full story. See the SGX:S29 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stamford Tyres Business Description

Address 19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.
48GF Score

Get the complete analysis for SGX:S29

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

S$0.19
Price
S$0.19
GF Value