Simonds GroupASX:SIO 48 Altman Z-Score is 3.85 as of Jun. 27, 2026, which is 12% below its 10-year median of 4.36. GuruFocus rates ASX:SIO with a GF Score™ of 48/100 and a GF Value™ of A$0.14 (Fairly Valued). The stock has 7 warning signs investors should review. Among 89 Homebuilding & Construction companies, Simonds Group ranks better than 74.16% 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.
Good Sign:
Altman Z-score of 3.85 is strong.
Simonds Group has a Altman Z-Score of 3.85, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Simonds Group's Altman Z-Score or its related term are showing as below:
ASX:SIO'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.43 Med: 4.36 Max: 5.25
Current: 3.85
During the past 11 years, Simonds Group's highest Altman Z-Score was 5.25. The lowest was 3.43. And the median was 4.36.
Simonds Group (ASX:SIO) 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.
Altman Z-Score does not apply to financial companies.
Simonds Group Altman Z-Score Related Terms
Simonds Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Simonds Group'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.
ASX:SIO vs DHI, PHM, LEN: Altman Z-Score Comparison
For the Residential Construction subindustry, Simonds Group'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.
Simonds Group Altman Z-Score vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Simonds Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Simonds Group's Altman Z-Score falls into.
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.
Simonds Group'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
*
-0.0096
+
1.4
*
-0.2336
+
3.3
*
0.0254
+
0.6
*
0.356
+
1.0
*
3.8887
=
3.85
* 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.
Simonds Group (ASX:SIO) has a Altman Z-Score of 3.85 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Simonds Group and its competitors. This is 12% below median its historical median of 4.36. Over the past decade, Simonds Group's Altman Z-Score has ranged from 3.43 to 5.25. According to the industry distribution chart, Simonds Group ranks #23 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 25.8%.
Is Simonds Group's Altman Z-Score too high?
Simonds Group's current Altman Z-Score of 3.85 is 12% below median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 5.25. The Homebuilding & Construction industry median Altman Z-Score is 2.29. Simonds Group's value of 3.85 is 68.1% above this industry median. Based on the distribution chart, Simonds Group ranks #23 out of 89 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Simonds Group has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simonds Group's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Simonds Group ranks #23 out of 89 companies for Altman Z-Score. This puts Simonds Group in the upper half of its industry. The industry median Altman Z-Score is 2.29. Simonds Group's value of 3.85 is 68.1% above this benchmark. Historically, Simonds Group's own Altman Z-Score has ranged from 3.43 to 5.25 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 2.29, Simonds 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 Z-Score for a Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.29, based on 89 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. Simonds Group's current Altman Z-Score of 3.85 is 68.1% 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 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 Simonds Group and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simonds Group's current Altman Z-Score is 3.85, which is 12% below median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simonds Group stock overvalued right now?
Based on GuruFocus' analysis, Simonds Group (ASX:SIO) is currently considered Fairly Valued. The stock's GF Value™ is A$0.14, compared to a current price of A$0.15 — trading 7.1% above its estimated fair value. The current Altman Z-Score is 3.85, which is 12% below median its 10-year median of 4.36 and 68.1% above the Homebuilding & Construction industry median of 2.29. Simonds Group's overall GF Score™ is 48/100 with 7 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 Simonds Group (ASX:SIO), the current Altman Z-Score is 3.85 as of Jun. 27, 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 Simonds Group (ASX:SIO) Overvalued in 2026?
Based on GuruFocus' analysis, Simonds Group stock appears to be overvalued.
The current stock price of A$0.15 is trading 7.1% above its estimated GF Value™ of A$0.14.
GuruFocus considers Simonds Group to be Fairly Valued.
Key valuation signals for ASX:SIO:
Altman Z-Score: 3.85 (12% below median its 10-year median of 4.36)
GF Value™: A$0.14 vs. price of A$0.15 (7.1% above fair value)
Industry Position: 68.1% above the Homebuilding & Construction median (#23 of 89)
No single metric tells the full story. See the ASX:SIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simonds Group Ltd is engaged in the design and construction of residential dwellings. Its operating segment includes Residential construction and Land development. The company generates maximum revenue from the Residential construction segment. Its Residential construction segment includes activities relating to contracts for residential home construction, speculative home building, and the building of display home inventory. Geographically, it operates only in Australia.
48GF Score
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