Wiseway Group (ASX:WWG) Altman Z2-Score: 1.27 (As of Jun. 28, 2026) — 144% Above Median


ASX:WWG Wiseway Group Ltd ASX:WWG
53 GF Score
Price A$0.30
GF Value A$0.21
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Wiseway Group Altman Z2-Score?

Wiseway Group ASX:WWG +5.26% 53 Altman Z2-Score is 1.27 as of Jun. 28, 2026, which is 144% above its 10-year median of 0.52. GuruFocus rates ASX:WWG with a GF Score™ of 53/100 and a GF Value™ of A$0.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 996 Transportation companies, Wiseway Group ranks worse than 73.19% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Wiseway Group has a Altman Z2-Score of 1.27, indicating it is in Grey Zones. This implies that Wiseway Group is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Wiseway Group's Altman Z2-Score or its related term are showing as below:

ASX:WWG' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.28   Med: 0.52   Max: 4.68
Current: 1.27

During the past 7 years, Wiseway Group's highest Altman Z2-Score was 4.68. The lowest was -0.28. And the median was 0.52.


Wiseway Group  (ASX:WWG) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Wiseway Group Altman Z2-Score Related Terms


Wiseway Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Wiseway Group's Altman Z2-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.

Wiseway Group Altman Z2-Score Chart

Wiseway Group Annual Data
Trend Jun18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
Get a 7-Day Free Trial 1.06 -0.08 0.13 -0.28 1.27

Wiseway Group Semi-Annual Data
Jun18 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-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 0.00 -0.28 0.00 1.27 0.00

ASX:WWG vs FDX, UPS, JBHT: Altman Z2-Score Comparison

For the Integrated Freight & Logistics subindustry, Wiseway Group's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Wiseway Group Altman Z2-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Wiseway Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Wiseway Group's Altman Z2-Score falls into.


ASX:WWG
53GF Score
Wiseway Group Ltd ASX:WWG
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wiseway Group Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Wiseway Group's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.1223+3.26*-0.1041+6.72*0.0655+1.05*0.3527
=1.27

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was A$89.1 Mil.
Total Current Assets was A$46.4 Mil.
Total Current Liabilities was A$35.5 Mil.
Retained Earnings was A$-9.3 Mil.
Pre-Tax Income was A$4.8 Mil.
Interest Expense was A$-1.0 Mil.
Total Liabilities was A$65.3 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
=(46.358 - 35.453)/89.142
=0.1223

X2=Retained Earnings/Total Assets
=-9.278/89.142
=-0.1041

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4.804 - -1.031)/89.142
=0.0655

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(23.045 - 0)/65.345
=0.3527

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Wiseway Group has a Altman Z2-Score of 1.27 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.27 mean?
Wiseway Group (ASX:WWG) has a Altman Z2-Score of 1.27 as of Jun. 28, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Wiseway Group and its competitors. This is 144% above median its historical median of 0.52. According to the industry distribution chart, Wiseway Group ranks #729 out of 996 companies in the Transportation industry, placing it in the top 73.2%.
Is Wiseway Group's Altman Z2-Score too high?
Wiseway Group's current Altman Z2-Score of 1.27 is 144% above median its 10-year median of 0.52. The Transportation industry median Altman Z2-Score is 2.94. Wiseway Group's value of 1.27 is 56.8% below this industry median. Based on the distribution chart, Wiseway Group ranks #729 out of 996 companies in the Transportation industry, which is below the industry midpoint. Overall, Wiseway Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wiseway Group's Altman Z2-Score compare to FDX and UPS?
According to the Transportation industry distribution chart, Wiseway Group ranks #729 out of 996 companies for Altman Z2-Score. This places Wiseway Group in the lower half of its industry. The industry median Altman Z2-Score is 2.94. Wiseway Group's value of 1.27 is 56.8% below this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 2.94, Wiseway Group 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 Z2-Score for a Transportation company?
The median Altman Z2-Score among Transportation companies is 2.94, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wiseway Group's current Altman Z2-Score of 1.27 is 56.8% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Wiseway Group and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wiseway Group's current Altman Z2-Score is 1.27, which is 144% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wiseway Group stock overvalued right now?
Based on GuruFocus' analysis, Wiseway Group (ASX:WWG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.21, compared to a current price of A$0.30 — trading 42.9% above its estimated fair value. The current Altman Z2-Score is 1.27, which is 144% above median its 10-year median of 0.52 and 56.8% below the Transportation industry median of 2.94. Wiseway Group's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Wiseway Group (ASX:WWG), the current Altman Z2-Score is 1.27 as of Jun. 28, 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 Wiseway Group (ASX:WWG) Overvalued in 2026?

Based on GuruFocus' analysis, Wiseway Group stock appears to be overvalued. The current stock price of A$0.30 is trading 42.9% above its estimated GF Value™ of A$0.21. GuruFocus considers Wiseway Group to be Significantly Overvalued.

Key valuation signals for ASX:WWG:

  • Altman Z2-Score: 1.27 (144% above median its 10-year median of 0.52)
  • GF Value™: A$0.21 vs. price of A$0.30 (42.9% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 56.8% below the Transportation median (#729 of 996)

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


Wiseway Group Business Description

Address 39-43 Warren Avenue, Bankstown, Sydney, NSW, AUS, 2200
Wiseway Group Ltd operates as a freight forwarding company in Australia. It provides movement and logistics of goods by freight to cater to the needs of those interstate or overseas. Its main source of revenue is from freight forwarding services, which may include general cargo, time-sensitive perishables cargo, and domestic transport services. The dominating revenue is generated from the air freight general cargo services. Geographically, the company derives a majority of its revenue from Australia and New Zealand and the rest from China, Singapore, and the United States of America.
53GF Score

Get the complete analysis for ASX:WWG

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.30
Price
A$0.21
GF Value