WOSGF (Watches of Switzerland Group) Altman Z2-Score: 3.36 (As of Jun. 25, 2026) — 29% Above Median


WOSGF Watches of Switzerland Group PLC WOSGF
85 GF Score
Price $9.20
GF Value $7.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Watches of Switzerland Group Altman Z2-Score?

Watches of Switzerland Group WOSGF -2.09% 85 Altman Z2-Score is 3.36 as of Jun. 25, 2026, which is 29% above its 10-year median of 2.61. GuruFocus rates WOSGF with a GF Score™ of 85/100 and a GF Value™ of $7.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,122 Retail - Cyclical companies, Watches of Switzerland Group ranks better than 54.37% 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:

Watches of Switzerland Group has a Altman Z2-Score of 3.36, 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 Watches of Switzerland Group's Altman Z2-Score or its related term are showing as below:

WOSGF' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.14   Med: 2.61   Max: 3.78
Current: 3.36

During the past 10 years, Watches of Switzerland Group's highest Altman Z2-Score was 3.78. The lowest was -0.14. And the median was 2.61.


Watches of Switzerland Group  (OTCPK:WOSGF) 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.


Watches of Switzerland Group Altman Z2-Score Related Terms


Watches of Switzerland Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Watches of Switzerland 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.

Watches of Switzerland Group Altman Z2-Score Chart

Watches of Switzerland Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 3.31 3.78 3.56 3.36

Watches of Switzerland Group Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 3.56 0.00 3.36 0.00

WOSGF vs TPR, SIG: Altman Z2-Score Comparison

For the Luxury Goods subindustry, Watches of Switzerland 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.


Watches of Switzerland Group Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watches of Switzerland Group's Altman Z2-Score distribution charts can be found below:

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


WOSGF
85GF Score
Watches of Switzerland Group PLC WOSGF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Watches of Switzerland 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.

Watches of Switzerland 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*0.2013+3.26*0.281+6.72*0.0766+1.05*0.5765
=3.36

* 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 Apr. 2025:
Total Assets was $1,939 Mil.
Total Current Assets was $803 Mil.
Total Current Liabilities was $412 Mil.
Retained Earnings was $545 Mil.
Pre-Tax Income was $100 Mil.
Interest Expense was $-49 Mil.
Total Liabilities was $1,230 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
=(802.76 - 412.352)/1939.028
=0.2013

X2=Retained Earnings/Total Assets
=544.941/1939.028
=0.281

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(99.737 - -48.752)/1939.028
=0.0766

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(709.067 - 0)/1229.961
=0.5765

The zones of discrimination were as such:

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

Watches of Switzerland Group has a Altman Z2-Score of 3.36 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.36 mean?
Watches of Switzerland Group (WOSGF) has a Altman Z2-Score of 3.36 as of Jun. 25, 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 Watches of Switzerland Group and its competitors. This is 29% above median its historical median of 2.61. According to the industry distribution chart, Watches of Switzerland Group ranks #512 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 45.6%.
Is Watches of Switzerland Group's Altman Z2-Score too high?
Watches of Switzerland Group's current Altman Z2-Score of 3.36 is 29% above median its 10-year median of 2.61. The Retail - Cyclical industry median Altman Z2-Score is 2.96. Watches of Switzerland Group's value of 3.36 is 13.7% above this industry median. Based on the distribution chart, Watches of Switzerland Group ranks #512 out of 1122 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Watches of Switzerland Group has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watches of Switzerland Group's Altman Z2-Score compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Watches of Switzerland Group ranks #512 out of 1122 companies for Altman Z2-Score. This puts Watches of Switzerland Group in the upper half of its industry. The industry median Altman Z2-Score is 2.96. Watches of Switzerland Group's value of 3.36 is 13.7% above this benchmark. While the company's 10-year median is 2.61 vs. the industry median of 2.96, Watches of Switzerland 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 Z2-Score for a Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.96, based on 1,122 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. Watches of Switzerland Group's current Altman Z2-Score of 3.36 is 13.7% 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 Watches of Switzerland Group and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watches of Switzerland Group's current Altman Z2-Score is 3.36, which is 29% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watches of Switzerland Group stock overvalued right now?
Based on GuruFocus' analysis, Watches of Switzerland Group (WOSGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.35, compared to a current price of $9.20 — trading 25.2% above its estimated fair value. The current Altman Z2-Score is 3.36, which is 29% above median its 10-year median of 2.61 and 13.7% above the Retail - Cyclical industry median of 2.96. Watches of Switzerland Group's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Watches of Switzerland Group (WOSGF), the current Altman Z2-Score is 3.36 as of Jun. 25, 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 Watches of Switzerland Group (WOSGF) Overvalued in 2026?

Based on GuruFocus' analysis, Watches of Switzerland Group stock appears to be overvalued. The current stock price of $9.20 is trading 25.2% above its estimated GF Value™ of $7.35. GuruFocus considers Watches of Switzerland Group to be Modestly Overvalued.

Key valuation signals for WOSGF:

  • Altman Z2-Score: 3.36 (29% above median its 10-year median of 2.61)
  • GF Value™: $7.35 vs. price of $9.20 (25.2% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 13.7% above the Retail - Cyclical median (#512 of 1122)

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


Watches of Switzerland Group Business Description

Other Exchanges WOSGl:UKWOSG:UK5WS:Germany
Address 2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT
Watches of Switzerland Group PLC is a retailer of luxury watches and jewellerys in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and Europe, and the United States, of which the majority of the revenue comes from the United Kingdom and Europe segment.
85GF Score

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

$9.20
Price
$7.35
GF Value