C&C Group (CHIX:CCRL) Altman Z2-Score: 1.48 (As of Jun. 26, 2026) — 15% Below Median


CHIX:CCRL C&C Group PLC CHIX:CCRL
61 GF Score
Price £0.95
GF Value £1.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is C&C Group Altman Z2-Score?

C&C Group CHIX:CCRL -0.63% 61 Altman Z2-Score is 1.48 as of Jun. 26, 2026, which is 15% below its 10-year median of 1.75. GuruFocus rates CHIX:CCRL with a GF Score™ of 61/100 and a GF Value™ of £1.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 210 Beverages - Alcoholic companies, C&C Group ranks worse than 77.14% 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.

C&C Group has a Altman Z2-Score of 1.48, indicating it is in Grey Zones. This implies that C&C 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 C&C Group's Altman Z2-Score or its related term are showing as below:

CHIX:CCRl' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.42   Med: 1.75   Max: 3.67
Current: 1.48

During the past 13 years, C&C Group's highest Altman Z2-Score was 3.67. The lowest was 0.42. And the median was 1.75.


C&C Group  (CHIX:CCRl) 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.


C&C Group Altman Z2-Score Related Terms


C&C Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for C&C 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.

C&C Group Altman Z2-Score Chart

C&C Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.98 1.10 1.52 1.48

C&C Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.00 1.52 0.00 1.48

CHIX:CCRL vs STZ, TAP: Altman Z2-Score Comparison

For the Beverages - Brewers subindustry, C&C 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.


C&C Group Altman Z2-Score vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, C&C Group's Altman Z2-Score distribution charts can be found below:

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


CHIX:CCRL
61GF Score
C&C Group PLC CHIX:CCRL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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C&C 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.

C&C 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*0.0541+3.26*0.0876+6.72*0.0213+1.05*0.6601
=1.48

* 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 Feb. 2026:
Total Assets was £1,129 Mil.
Total Current Assets was £369 Mil.
Total Current Liabilities was £308 Mil.
Retained Earnings was £99 Mil.
Pre-Tax Income was £8 Mil.
Interest Expense was £-16 Mil.
Total Liabilities was £680 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
=(368.783 - 307.711)/1128.968
=0.0541

X2=Retained Earnings/Total Assets
=98.916/1128.968
=0.0876

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7.917 - -16.182)/1128.968
=0.0213

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(448.908 - 0)/680.061
=0.6601

The zones of discrimination were as such:

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

C&C Group has a Altman Z2-Score of 1.48 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.48 mean?
C&C Group (CHIX:CCRL) has a Altman Z2-Score of 1.48 as of Jun. 26, 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 C&C Group and its competitors. This is 15% below median its historical median of 1.75. Over the past decade, C&C Group's Altman Z2-Score has ranged from 0.42 to 3.67. According to the industry distribution chart, C&C Group ranks #162 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 77.1%.
Is C&C Group's Altman Z2-Score too high?
C&C Group's current Altman Z2-Score of 1.48 is 15% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.67. The Beverages - Alcoholic industry median Altman Z2-Score is 3.92. C&C Group's value of 1.48 is 62.2% below this industry median. Based on the distribution chart, C&C Group ranks #162 out of 210 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, C&C Group has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does C&C Group's Altman Z2-Score compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, C&C Group ranks #162 out of 210 companies for Altman Z2-Score. This places C&C Group in the lower half of its industry. The industry median Altman Z2-Score is 3.92. C&C Group's value of 1.48 is 62.2% below this benchmark. Historically, C&C Group's own Altman Z2-Score has ranged from 0.42 to 3.67 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 3.92, C&C 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 Beverages - Alcoholic company?
The median Altman Z2-Score among Beverages - Alcoholic companies is 3.92, based on 210 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. C&C Group's current Altman Z2-Score of 1.48 is 62.2% 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 C&C Group and its competitors. For the Beverages - Alcoholic industry, the median Altman Z2-Score is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C&C Group's current Altman Z2-Score is 1.48, which is 15% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C&C Group stock overvalued right now?
Based on GuruFocus' analysis, C&C Group (CHIX:CCRL) is currently considered Possible Value Trap. The stock's GF Value™ is £1.46, compared to a current price of £0.95 — trading 34.7% below its estimated fair value. The current Altman Z2-Score is 1.48, which is 15% below median its 10-year median of 1.75 and 62.2% below the Beverages - Alcoholic industry median of 3.92. C&C Group's overall GF Score™ is 61/100 with 5 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 C&C Group (CHIX:CCRL), the current Altman Z2-Score is 1.48 as of Jun. 26, 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 C&C Group (CHIX:CCRL) Overvalued in 2026?

Based on GuruFocus' analysis, C&C Group stock appears to be undervalued. The current stock price of £0.95 is trading 34.7% below its estimated GF Value™ of £1.46. GuruFocus considers C&C Group to be Possible Value Trap.

Key valuation signals for CHIX:CCRL:

  • Altman Z2-Score: 1.48 (15% below median its 10-year median of 1.75)
  • GF Value™: £1.46 vs. price of £0.95 (34.7% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 62.2% below the Beverages - Alcoholic median (#162 of 210)

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


C&C Group Business Description

Address Keeper Road, Bulmers House, Crumlin, Dublin, IRL, D12 K702
C&C Group PLC manufactures cider and other alcoholic and nonalcoholic beverages, including beer, wine, soft drinks, and bottled water. The company's brands include Bulmers, Tennet's, Magners, Heverlee, Woodchuck, Hornsby's, Gaymers, Blackthorn, Tipperary, Finches, and Others. C&C also has distribution rights for numerous brands owned by other companies. Its geographical segments are Ireland, Great Britain, and International, of which the majority of its revenue comes from Great Britain.
61GF Score

Get the complete analysis for CHIX:CCRL

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

£0.95
Price
£1.46
GF Value