SMORF (Smoore International Holdings) Altman Z2-Score: 7.86 (As of Jun. 26, 2026) — Near Median


SMORF Smoore International Holdings Ltd SMORF
90 GF Score
Price $1.40
GF Value $2.40
! 5 Warning Signs
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What is Smoore International Holdings Altman Z2-Score?

Smoore International Holdings SMORF 90 Altman Z2-Score is 7.86 as of Jun. 26, 2026, which is 6% below its 10-year median of 8.40. GuruFocus rates SMORF with a GF Score™ of 90/100 and a GF Value™ of $2.40. The stock has 5 warning signs investors should review. Among 47 Tobacco Products companies, Smoore International Holdings ranks better than 82.98% 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.

Good Sign:

Smoore International Holdings has a Altman Z2-Score of 7.86, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

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 Smoore International Holdings's Altman Z2-Score or its related term are showing as below:

SMORF' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.53   Med: 8.4   Max: 12.95
Current: 7.86

During the past 10 years, Smoore International Holdings's highest Altman Z2-Score was 12.95. The lowest was 3.53. And the median was 8.40.


Smoore International Holdings  (OTCPK:SMORF) 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.


Smoore International Holdings Altman Z2-Score Related Terms


Smoore International Holdings Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Smoore International Holdings'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.

Smoore International Holdings Altman Z2-Score Chart

Smoore International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.95 12.01 11.86 8.93 7.86

Smoore International Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 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 Premium Member Only Premium Member Only 11.86 0.00 8.93 0.00 7.86

SMORF vs PM, MO, TPB: Altman Z2-Score Comparison

For the Tobacco subindustry, Smoore International Holdings'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.


Smoore International Holdings Altman Z2-Score vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Smoore International Holdings's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Smoore International Holdings's Altman Z2-Score falls into.


SMORF
90GF Score
Smoore International Holdings Ltd SMORF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Smoore International Holdings 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.

Smoore International Holdings'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*0.3381+3.26*0.5646+6.72*0.0526+1.05*3.2794
=7.86

* 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 Dec. 2025:
Total Assets was $4,052 Mil.
Total Current Assets was $2,240 Mil.
Total Current Liabilities was $870 Mil.
Retained Earnings was $2,288 Mil.
Pre-Tax Income was $210 Mil.
Interest Expense was $-4 Mil.
Total Liabilities was $946 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
=(2240.166 - 870.24)/4051.82
=0.3381

X2=Retained Earnings/Total Assets
=2287.614/4051.82
=0.5646

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(209.519 - -3.756)/4051.82
=0.0526

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(3101.932 - 0)/945.877
=3.2794

The zones of discrimination were as such:

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

Smoore International Holdings has a Altman Z2-Score of 7.86 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.86 mean?
Smoore International Holdings (SMORF) has a Altman Z2-Score of 7.86 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 Smoore International Holdings and its competitors. This is near median its historical median of 8.40. Over the past decade, Smoore International Holdings' Altman Z2-Score has ranged from 3.53 to 12.95. According to the industry distribution chart, Smoore International Holdings ranks #8 out of 47 companies in the Tobacco Products industry, placing it in the top 17%.
Is Smoore International Holdings' Altman Z2-Score too high?
Smoore International Holdings' current Altman Z2-Score of 7.86 is near median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 12.95. The Tobacco Products industry median Altman Z2-Score is 4.37. Smoore International Holdings' value of 7.86 is 79.9% above this industry median. Based on the distribution chart, Smoore International Holdings ranks #8 out of 47 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Smoore International Holdings has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Smoore International Holdings' Altman Z2-Score compare to PM and MO?
According to the Tobacco Products industry distribution chart, Smoore International Holdings ranks #8 out of 47 companies for Altman Z2-Score. This places Smoore International Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.37. Smoore International Holdings' value of 7.86 is 79.9% above this benchmark. Historically, Smoore International Holdings' own Altman Z2-Score has ranged from 3.53 to 12.95 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 4.37, Smoore International Holdings 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 Z2-Score for a Tobacco Products company?
The median Altman Z2-Score among Tobacco Products companies is 4.37, based on 47 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. Smoore International Holdings's current Altman Z2-Score of 7.86 is 79.9% 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 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 Smoore International Holdings and its competitors. For the Tobacco Products industry, the median Altman Z2-Score is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smoore International Holdings's current Altman Z2-Score is 7.86, which is near median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smoore International Holdings stock overvalued right now?
Smoore International Holdings (SMORF) has a current Altman Z2-Score of 7.86. The stock's GF Value™ is $2.40, compared to a current price of $1.40 — trading 41.7% below its estimated fair value. The current Altman Z2-Score is 7.86, which is near median its 10-year median of 8.40 and 79.9% above the Tobacco Products industry median of 4.37. Smoore International Holdings' overall GF Score™ is 90/100 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 Smoore International Holdings (SMORF), the current Altman Z2-Score is 7.86 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 Smoore International Holdings (SMORF) Overvalued in 2026?

Based on GuruFocus' analysis, Smoore International Holdings stock appears to be undervalued. The current stock price of $1.40 is trading 41.7% below its estimated GF Value™ of $2.40.

Key valuation signals for SMORF:

  • Altman Z2-Score: 7.86 (near median its 10-year median of 8.40)
  • GF Value™: $2.40 vs. price of $1.40 (41.7% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 79.9% above the Tobacco Products median (#8 of 47)

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


Smoore International Holdings Business Description

Other Exchanges 06969:Hong Kong
Address Xixiang Street, No. 16, Dongcai Industrial Zone, Gushu Community, Bao’an District, Guangdong, Shenzhen, CHN
Smoore International Holdings Ltd is engaged in providing atomization technology solutions. The group operates through two business segments: Corporate Client Oriented Business (ToB Business) and Self-Branded Business. The ToB Business focuses on the research, design, and manufacturing of vaping, heat-not-burn (HNB), and other atomization products, along with related technological services for corporate clients. The Self-Branded Business is involved in the research, design, manufacturing, and sale of self-branded electronic vaping and beauty atomization products. It generates the majority of its revenue from the Corporate Client Oriented Business (ToB Business) segment.
90GF Score

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

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